The Connected Agriculture Market Size Report by fortune business insights delivers a detailed market assessment, covering size projections from 2025 to 2032. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Connected Agriculture Market Size Expected to Be by 2032?
The global connected agriculture market size was valued at USD 1.84 billion in 2018 and is projected to reach USD 7.22 billion by 2026, exhibiting a CAGR of 19.1% during the forecast period., The market has witnessed steady growth over recent years, driven by evolving consumer demands, technological advancements, and increasing investments across the sector. Rising awareness, improved accessibility, and expanding global reach have further fueled market expansion. As trends continue to shift and innovation accelerates, the market is expected to maintain a positive growth trajectory, presenting new opportunities for both established players and emerging businesses
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Overview of the impact of COVID-19 on this market:
The advent of COVID-19 has brought the world to a standstill. We know that this health crisis has had an unprecedented impact on businesses across industries. However, this too shall pass. Increased support from governments and various companies can help in the fight against this highly contagious disease. Some industries are struggling, while others are thriving. Overall, almost every sector is expected to be affected by the pandemic.
We are working tirelessly to ensure your business continues to thrive and grow during the COVID-19 pandemic. Drawing on our experience and expertise, we will provide industry-wide analysis of the impact of the coronavirus outbreak to help you prepare for the future.
What Are the Primary Drivers Shaping the Connected Agriculture Market?
One of the primary factors driving demand in the connected agriculture market is the increasing global population and the corresponding need for food security. With the world’s population projected to reach nearly 10 billion by 2050, the agricultural sector faces significant pressure to produce more food with limited resources. Connected agriculture solutions empower farmers to maximize their productivity and efficiency through data-driven insights, enabling them to meet the rising demand for food. By optimizing resource allocation and improving crop management practices, connected agriculture technologies can play a crucial role in ensuring food security in the face of global challenges.
Another key driver of demand is the growing awareness and adoption of digital technologies within the agricultural sector. Farmers are increasingly recognizing the benefits of utilizing technology to enhance operational efficiency, reduce costs, and improve overall farm management. The availability of affordable and user-friendly IoT devices and platforms is making it easier for small and medium-sized farms to implement connected agriculture solutions. Moreover, the rise of agritech startups and innovations in agricultural technology are providing farmers with access to advanced tools and resources that facilitate the adoption of connected practices. As farmers continue to embrace digital transformation, the connected agriculture market is expected to expand significantly, driven by the need for innovative solutions that address current and future agricultural challenges.
Who Are the Top Competitors in Key Connected Agriculture Market Segments?
IBM Corporation
Microsoft
Cisco Systems Inc.
Iteris, Inc.
Trimble Inc.
Ag Leader Technology
Decisive Farming
GAMAYA
SWIIM System, Ltd.
Orange Business Services
LINK LABS.
Iteris Inc.
What Are the Major Trends Shaping the Connected Agriculture Market?
The global connected agriculture market is witnessing transformative growth, driven by the integration of Internet of Things (IoT) technologies and data analytics into agricultural practices. One of the key trends is the increasing adoption of precision farming techniques, which utilize connected devices such as sensors, drones, and GPS technology to monitor crop health, soil conditions, and weather patterns in real time. This data-driven approach enables farmers to make informed decisions, optimize resource usage, and enhance crop yields while reducing environmental impact. Furthermore, the rise of smart irrigation systems, which leverage IoT technology to automate and optimize watering schedules, is becoming increasingly popular as it helps conserve water resources and improve crop productivity.
Another significant trend in the connected agriculture market is the growing emphasis on sustainability and environmental stewardship. As concerns over climate change and resource depletion rise, farmers are adopting connected agriculture solutions that promote sustainable farming practices. This includes using data analytics to minimize chemical usage, improve soil health, and enhance biodiversity. Additionally, the integration of blockchain technology is gaining traction in the agricultural supply chain, enabling greater transparency and traceability of products from farm to table. This trend is not only beneficial for consumer trust but also helps farmers comply with regulatory standards and respond effectively to market demands for sustainable products.
Market Segments
Market segmentation involves dividing a broad consumer or business market into sub-groups of consumers based on shared characteristics. These segments can be defined by demographic, geographic, psychographic, and behavioral factors. Understanding these segments allows businesses to tailor their products, services, and marketing strategies to better meet the specific needs of each group. By focusing on distinct market segments, companies can enhance customer satisfaction, improve targeting efficiency, and increase overall competitiveness in the marketplace.
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Key findings of the report:
Comprehensive overview of the Connected Agriculture Market
Important factors that enable, restrict, challenge and provide opportunities for the market
Key Insights and Key Industry Developments
Key players operating in the Connected Agriculture Market
Key strategies adopted by players include new product launches and company collaborations to generate better profits.
Other Market Trends
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Connected Agriculture Market?
2. What is the CAGR expected in the Connected Agriculture Market?
3. What Are the Key Innovations Transforming the Connected Agriculture Market?
4. Which Region Is Leading the Connected Agriculture Market?
Which Regions Are Becoming Hubs for Connected Agriculture Market Innovation?
North America (United States and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and other European countries)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and other Latin American countries)
The Connected Agriculture Market research report provides a complete assessment of the industry. The forecasts included in the report have been determined using proven research philosophy and assumptions.
Research Methodology:
We follow a robust research methodology that includes data triangulation based on bottom-up and top-down approaches and validation of estimated market figures through primary research. The information used to estimate the market size and forecast for various segments at global, regional and country levels is derived from the most reliable published sources and interviews with relevant stakeholders.
The growth rate or CAGR shown in the market during a specific forecast period is calculated based on various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technology developments, and market trends.
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Key Table of Contents of Connected Agriculture Market Research Report:
introduction
summation
Market Trends
Key Connected Agriculture Market Insights
Global Market Analysis, Insights and Forecasts
North America Market Analysis, Insights and Forecasts
European Market Analysis, Insights and Forecasts
Asia Pacific Market Analysis, Insights and Forecasts
Middle East and Africa Market Analysis, Insights and Forecasts
Latin America Market Analysis, Insights and Forecasts
Competitive environment
Global Connected Agriculture Market Revenue Share Analysis, By Key Players, 2025
Company Profile
conclusion
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