Satellite Data Service for Agriculture Market Report 2025

The satellite data service for agriculture market size has grown rapidly in recent years. It will grow from $5.22 billion in 2024 to $6.0 billion in 2025 at a compound annual growth rate (CAGR) of 14.9%. Growth during the historic period was driven by a rising need for efficient land-use planning, increased demand for accurate crop yield forecasting, and the adoption of climate resilience strategies. Additional factors included a stronger focus on soil health monitoring and growing interest in managing water resources effectively.

The satellite data service for agriculture market size is expected to see rapid growth in the next few years. It will grow to $10.32 billion in 2029 at a compound annual growth rate (CAGR) of 14.5%. Growth in the forecast period is expected to be driven by the increasing adoption of precision farming techniques, a rising demand for real-time crop monitoring, and a growing need for climate resilience in agriculture. The expanding use of satellite imagery for land use management and heightened concerns about food security also contribute to this growth. Key trends during this period include advancements in hyperspectral imaging for detailed crop analysis, the development of indigenous satellite constellations to improve data accessibility, and innovations in real-time satellite data analytics tailored for precision farming. Progress in nanosatellite technology is making monitoring more cost-effective, while artificial intelligence-driven satellite data platforms are emerging to support predictive agriculture.

The increasing adoption of precision agriculture is expected to drive growth in the satellite data service market for agriculture. Precision agriculture involves using data-driven tools and techniques to manage field variability and optimize inputs such as seeds, fertilizers, and water. Its rising popularity stems from its ability to enhance crop yields while minimizing resource waste. Satellite data services play a crucial role in supporting precision agriculture by delivering timely, field-specific insights such as crop health monitoring, soil moisture evaluation, yield forecasting, and vegetation mapping. These insights help farmers make informed, site-specific decisions. For example, in July 2024, the Mississippi Soybean Promotion Board reported that the percentage of farms using variable rate technology (VRT) for any input increased from 2.8% to 4.9% over three years. This growing recognition of precision agriculture’s advantages is fueling demand for satellite data services in the agricultural sector.

Leading companies in the satellite data service market for agriculture are advancing remote sensing technologies to improve the monitoring of crop conditions, soil properties, and environmental factors without physical contact. Remote sensing involves gathering information about the Earth’s surface and atmosphere from a distance using satellites, drones, or aircraft. For example, in March 2023, InnerPlant, a U.S.-based tech company, partnered with Satellogic Inc., an Earth observation firm, to launch a project focused on detecting human-made crop signals from space. This technology offers unprecedented accuracy by identifying subtle indicators such as fertilizer application, water usage, and soil changes that traditional imaging methods cannot detect. It enables real-time monitoring of input efficiency, crop stress, and sustainability compliance over large areas. This innovation helps farmers optimize resources, minimize environmental impact, and boost yields, while also providing governments and agribusinesses with reliable data for policy enforcement and supply chain transparency.

In June 2023, Hydrosat, a U.S.-based geospatial analytics software company, acquired IrriWatch for an undisclosed sum. This acquisition allows Hydrosat to integrate IrriWatch’s satellite-based irrigation analytics platform with its own thermal imagery and crop forecasting tools, creating a comprehensive solution that helps farmers worldwide improve yields and conserve water in the face of climate and sustainability challenges. IrriWatch, based in the Netherlands, develops software tools focused on managing soil and crop irrigation to enhance crop productivity and reduce water waste.

Major players in the satellite data service for agriculture market are Airbus SE, Planet Labs PBC, EOS Data Analytics Inc., Pixxel Space Technologies, CropX Inc., Ceres Imaging Inc., SatSure Analytics Pvt. Ltd., OneSoil AG, Kermap, AgroScout, Earth-i Ltd, SI Imaging Services (SIIS), DataFarming, Farmonaut, FarmQA, Agricolus Srl, Avant Global LLC, Esper Satellite Imagery, Agremo, FarmiSpace.

North America was the largest region in the satellite data service for agriculture market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in satellite data service for agriculture report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the satellite data service for agriculture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The accelerated imposition of U.S. tariffs and the emerging trade conflicts in spring 2025 are significantly influencing the agriculture sector by increasing input costs for seeds, fertilizers, and machinery parts sourced from abroad. Tariffs on imported agrochemicals and farm equipment have raised production expenses for growers, while retaliatory measures from key trading partners have reduced export opportunities for U.S. crops such as corn, wheat, and dairy products. As a result, many farmers are experiencing shrinking profit margins and heightened financial stress. In response, agricultural producers are diversifying crop portfolios, adopting precision farming technologies to reduce input waste, and advocating for government subsidies and market access relief.

Satellite data service for agriculture involves using satellite remote sensing and geospatial technologies to gather, process, and deliver data that supports farming activities. This service aims to boost farm productivity, optimize resource use, minimize risks, and promote sustainable agricultural practices.

Key types of satellite services in this market include optical satellite imagery, radar satellite imagery, multispectral and hyperspectral imagery, infrared imaging, and gridded weather data. Optical satellite imagery captures Earth images using sensors that detect visible and near-visible light, functioning similarly to a camera from space. Deployment options range from cloud-based services to on-premise and hybrid solutions. Satellite data processing features often include data compression and storage, real-time processing, analytical tools, visualization solutions, and integration of machine learning and artificial intelligence. Applications cover areas such as mapping, monitoring vegetation and crop health, managing crop yields, and more. The end users span farmers and agricultural producers, agricultural consultants, government and regulatory agencies, research and educational institutions, and agri-tech companies.

The satellite data service for agriculture market research report is one of a series of new reports that provides satellite data service for agriculture market statistics, including satellite data service for agriculture industry global market size, regional shares, competitors with an satellite data service for agriculture market share, detailed satellite data service for agriculture market segments, market trends and opportunities, and any further data you may need to thrive in the satellite data service for agriculture industry. This satellite data service for agriculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The satellite data service for agriculture market includes revenues earned by entities by providing services such as crop monitoring and yield forecasting, soil moisture mapping, precision irrigation advisory, vegetation health analysis, and satellite-based pest and disease detection. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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