Smart Agriculture - Global Strategic Business Report

The global market for Smart Agriculture was estimated at US$14.8 Billion in 2024 and is projected to reach US$27.3 Billion by 2030, growing at a CAGR of 10.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Smart Agriculture market.

Global Smart Agriculture Market - Key Trends & Drivers Summarized

Smart agriculture, also known as precision farming or digital agriculture, leverages advanced technologies to enhance the efficiency and productivity of agricultural practices. This approach integrates the Internet of Things (IoT), artificial intelligence (AI), machine learning, and big data analytics to monitor and manage agricultural activities with unprecedented precision. Smart agriculture systems use sensors to collect data on soil moisture, nutrient levels, crop health, and weather conditions, which is then analyzed to make informed decisions about irrigation, fertilization, and pest control. This real-time data-driven approach allows farmers to optimize resource use, increase crop yields, and reduce environmental impact, making farming more sustainable and profitable.

The implementation of smart agriculture involves several key technologies and tools. Drones and satellite imagery provide detailed aerial views of farmland, helping to identify issues such as pest infestations, nutrient deficiencies, and water stress that are not easily detectable from the ground. Automated machinery, such as GPS-guided tractors and robotic harvesters, ensures precision in planting, tending, and harvesting crops. Additionally, advanced software platforms offer comprehensive farm management solutions, integrating data from various sources to provide actionable insights and facilitate strategic planning. These platforms often include features like predictive analytics for yield forecasting, market trend analysis, and supply chain management, helping farmers make better-informed decisions.

The growth in the smart agriculture market is driven by several factors reflecting the evolving needs and challenges in the agricultural sector. The increasing global population and subsequent demand for food necessitate more efficient and sustainable farming practices, pushing the adoption of smart agriculture technologies. Climate change and unpredictable weather patterns also drive the need for precise and adaptive farming methods to ensure crop resilience and food security. Technological advancements, such as improvements in sensor technology, AI, and IoT, have made these solutions more accessible and affordable for farmers. Additionally, government initiatives and subsidies promoting sustainable farming practices and technological adoption are significant growth drivers. The trend towards organic and high-quality food products has further fueled the demand for smart agriculture, as these technologies help in maintaining stringent quality standards. Moreover, the integration of blockchain technology for traceability and transparency in the food supply chain is emerging as a key factor in the market’s expansion. These drivers collectively ensure a robust growth trajectory for the smart agriculture market, positioning it as a critical component of the future of farming.

SCOPE OF STUDY:

The report analyzes the Smart Agriculture market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Offering (Hardware, Software, Services); Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse, Other Agriculture Types)
• Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Hardware segment, which is expected to reach US$16.7 Billion by 2030 with a CAGR of a 10.1%. The Software segment is also set to grow at 12.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $4.5 Billion in 2024, and China, forecasted to grow at an impressive 13.7% CAGR to reach $2.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Smart Agriculture Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Smart Agriculture Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Smart Agriculture Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Accenture PLC, AGCO Corporation, AeroVironment, Inc., Aerofarms LLC, Afimilk Ltd. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 199 companies featured in this Smart Agriculture market report include:

• Accenture PLC
• AGCO Corporation
• AeroVironment, Inc.
• Aerofarms LLC
• Afimilk Ltd.
• AG Leader Technology
• Aerial Technology International
• 4D Bios Inc.
• AEssense Grows
• AFFINOR Growers
• AgCode, Inc.
• Adas Hightex Pte Ltd.
• Agam Greenhouse
• 365FarmNet
• AgBridge

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.