Smart Agriculture Technology Market size was valued at USD 13.30 Billion in 2024 and is forecasted to grow at a CAGR of 11.2% from 2026 to 2033, reaching USD 34.10 Billion by 2033.
In 2022, the global smart agriculture technology market was valued at approximately USD 20.30 billion. North America led the market, holding a 44.58% share, driven by favorable government initiatives and regulations promoting advanced agricultural technologies. Europe followed as the second largest market, with growth propelled by increasing food demand, heightened awareness of smart agriculture benefits, and supportive policies. The Asia Pacific region is anticipated to experience the fastest growth, projected to reach USD 15.00 billion by 2030, due to rapid industrialization and a burgeoning population necessitating efficient food production. The market is expected to grow at a compound annual growth rate (CAGR) of 13.4% from 2023 to 2030, reaching USD 54.71 billion by 2030. This growth is fueled by the increasing automation of commercial greenhouses and the adoption of Controlled Environment Agriculture (CEA) in indoor farming. Additionally, the integration of advanced technologies such as the Internet of Things (IoT), machine learning, and big data analytics in precision farming enhances productivity and resource efficiency, further driving market expansion.
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John Deere
Raven Industries
AGCO
Ag Leader Technology
DICKEY-john
Auroras
Farmers Edge
Iteris
Trimble
PrecisionHawk
Precision Planting
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Smart Agriculture Technology Market
Precision Agriculture
Irrigation Management Systems
Farm Management Software
Automated Equipment and Machinery
Livestock Monitoring Systems
Small Farms (up to 50 acres)
Medium Farms (51 to 500 acres)
Large Farms (over 500 acres)
Crop Management
Livestock Management
Soil Management
Pest Management
Harvest Management
On-Premises Solutions
Cloud-based Solutions
Hybrid Solutions
Agricultural Producers
Agribusiness Corporations
Cooperatives
Research Institutions
Government Agencies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Smart Agriculture Technology Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Smart Agriculture Technology Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Smart Agriculture Technology Market, By Type
6. Global Smart Agriculture Technology Market, By Application
7. Global Smart Agriculture Technology Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Smart Agriculture Technology Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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