This report describes and explains the smart agriculture market and covers 2020-2025, termed the historic period, and 2025-2030, 2035F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global smart agriculture market reached a value of nearly $18.68 billion in 2025, having grown at a compound annual growth rate (CAGR) of 11.1% since 2020. The market is expected to grow from $18.68 billion in 2025 to $32.09 billion in 2030 at a rate of 11.4%. The market is then expected to grow at a CAGR of 10.1% from 2030 and reach $51.89 billion in 2035.
Growth in the historic period resulted from rising global food demand, declining availability of arable land, rising agriculture labor cost and escalating water scarcity. Factors that negatively affected growth in the historic period were poor rural internet connectivity and digital divide and data privacy and ownership concerns.
Going forward, rising frequency of droughts and extreme weather, rising cost of farming inputs, government subsidies and incentives and growing demand for precision agriculture will drive the growth. Factors that could hinder the growth of the smart agriculture market in the future include high capital investment, limited access to credit for small farmers and impact of trade wars and tariffs.
Market trends for the smart agriculture market include emphasis on prioritizing internet of things (IoT), smart infrastructure and connected ecosystems to enhance real-time farm monitoring, autonomous field operations and data-driven decision-making, prioritizing industry 4.0 and intelligent manufacturing to enhance real-time farm visibility, automated field operations and connected agricultural ecosystems, prioritizing digitalization, cloud computing, big data analytics and cybersecurity to enhance connected farm management, end-to-end supply chain visibility and real-time decision-making, prioritizing artificial intelligence (AI) and autonomous intelligence to enhance real-time crop monitoring and prioritizing sustainability, climate tech and circular economy principles to enhance resource efficiency, reduce greenhouse gas emissions and optimize input utilization across farming systems.
The smart agriculture market is segmented by offering into hardware, software and services. The hardware market was the largest segment of the smart agriculture market segmented by offering, accounting for 55.4% or $10.35 billion of the total in 2025. Going forward, the software segment is expected to be the fastest-growing segment in the smart agriculture market segmented by offering, at a CAGR of 14.8% during 2025-2030.
The smart agriculture market is segmented by farm size into small, medium and large. The medium market was the largest segment of the smart agriculture market segmented by farm size, accounting for 38% or $7.09 billion of the total in 2025. Going forward, the medium segment is expected to be the fastest-growing segment in the smart agriculture market segmented by farm size, at a CAGR of 12.4% during 2025-2030.
The smart agriculture market is segmented by application into precision farming, livestock monitoring, precision aquaculture, precision forestry, smart greenhouse and other applications. The precision farming market was the largest segment of the smart agriculture market segmented by application, accounting for 44.6% or $8.32 billion of the total in 2025. Going forward, the precision farming segment is expected to be the fastest-growing segment in the smart agriculture market segmented by application, at a CAGR of 12.6% during 2025-2030.
North America was the largest region in the smart agriculture market, accounting for 35.1% or $6.55 billion of the total in 2025. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the smart agriculture market will be Asia Pacific and Western Europe where growth will be at CAGRs of 12.8% and 11.3% respectively. These will be followed by Africa and South America where the markets are expected to grow at CAGRs of 11.3% and 11% respectively.
The global smart agriculture market is fairly fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 19.28% of the total market in 2024. Deere & Company was the largest competitor with a 2.47% share of the market, followed by Trimble Inc. with 2.28%, AGCO Corporation with 2.08%, CNH Industrial N.V. with 2.00%, Bayer AG (Climate FieldView) with 1.93%, Kubota Corporation with 1.89%, Syngenta AG with 1.84%, CLAAS KGaA mbH with 1.77%, Corteva Agriscience Inc. with 1.61% and Hexagon AB with 1.43%.
The top opportunities in the smart agriculture market segmented by offering will arise in the hardware segment, which will gain $5.68 billion of global annual sales by 2030. The top opportunities in the smart agriculture market segmented by farm size will arise in the medium segment, which will gain $5.65 billion of global annual sales by 2030. The top opportunities in the smart agriculture market segmented by application will arise in the precision farming segment, which will gain $6.75 billion of global annual sales by 2030. The smart agriculture market size will gain the most in the USA at $3.83 billion.
Player-adopted strategies in the smart agriculture market include focus on expanding its business capabilities through strategic innovations and expanding its business capabilities through strategic partnerships.
Market-trend-based strategies for the smart agriculture market include focus on the development and deployment of intelligent, connected farming solutions that leverage artificial intelligence (AI), drone technologies, IoT-enabled sensor networks and digital platforms, the development and deployment of integrated digital farming platforms and enterprise-grade technology ecosystems that leverage artificial intelligence, advanced data analytics, IoT-enabled sensing and cloud-based infrastructure, the development and deployment of advanced agricultural technologies that leverage biotechnology, precision breeding techniques and data-driven innovation and the development and deployment of intelligent, connected farming solutions that leverage IoT-enabled sensor networks, real-time data analytics and integrated digital platforms.
To take advantage of the opportunities, the analyst recommends the smart agriculture companies to focus on scaling ai-driven precision farming solutions, focus on building integrated digital farming ecosystems, focus on advancing precision breeding and biotechnology innovation, focus on integrating real-time sensing with automated irrigation platforms, focus on software solutions for high-growth expansion, focus on medium farm segment for maximum market impact, expand in emerging markets, continue to focus on developed markets, focus on expanding multi-channel distribution networks, focus on value-based and tiered pricing to drive adoption and margins, focus on targeted value communication and channel integration, focus on long term engagement and knowledge driven promotion, focus on precision farming for scalable growth.
This product will be delivered within 3-5 business days.
The global smart agriculture market reached a value of nearly $18.68 billion in 2025, having grown at a compound annual growth rate (CAGR) of 11.1% since 2020. The market is expected to grow from $18.68 billion in 2025 to $32.09 billion in 2030 at a rate of 11.4%. The market is then expected to grow at a CAGR of 10.1% from 2030 and reach $51.89 billion in 2035.
Growth in the historic period resulted from rising global food demand, declining availability of arable land, rising agriculture labor cost and escalating water scarcity. Factors that negatively affected growth in the historic period were poor rural internet connectivity and digital divide and data privacy and ownership concerns.
Going forward, rising frequency of droughts and extreme weather, rising cost of farming inputs, government subsidies and incentives and growing demand for precision agriculture will drive the growth. Factors that could hinder the growth of the smart agriculture market in the future include high capital investment, limited access to credit for small farmers and impact of trade wars and tariffs.
Market trends for the smart agriculture market include emphasis on prioritizing internet of things (IoT), smart infrastructure and connected ecosystems to enhance real-time farm monitoring, autonomous field operations and data-driven decision-making, prioritizing industry 4.0 and intelligent manufacturing to enhance real-time farm visibility, automated field operations and connected agricultural ecosystems, prioritizing digitalization, cloud computing, big data analytics and cybersecurity to enhance connected farm management, end-to-end supply chain visibility and real-time decision-making, prioritizing artificial intelligence (AI) and autonomous intelligence to enhance real-time crop monitoring and prioritizing sustainability, climate tech and circular economy principles to enhance resource efficiency, reduce greenhouse gas emissions and optimize input utilization across farming systems.
The smart agriculture market is segmented by offering into hardware, software and services. The hardware market was the largest segment of the smart agriculture market segmented by offering, accounting for 55.4% or $10.35 billion of the total in 2025. Going forward, the software segment is expected to be the fastest-growing segment in the smart agriculture market segmented by offering, at a CAGR of 14.8% during 2025-2030.
The smart agriculture market is segmented by farm size into small, medium and large. The medium market was the largest segment of the smart agriculture market segmented by farm size, accounting for 38% or $7.09 billion of the total in 2025. Going forward, the medium segment is expected to be the fastest-growing segment in the smart agriculture market segmented by farm size, at a CAGR of 12.4% during 2025-2030.
The smart agriculture market is segmented by application into precision farming, livestock monitoring, precision aquaculture, precision forestry, smart greenhouse and other applications. The precision farming market was the largest segment of the smart agriculture market segmented by application, accounting for 44.6% or $8.32 billion of the total in 2025. Going forward, the precision farming segment is expected to be the fastest-growing segment in the smart agriculture market segmented by application, at a CAGR of 12.6% during 2025-2030.
North America was the largest region in the smart agriculture market, accounting for 35.1% or $6.55 billion of the total in 2025. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the smart agriculture market will be Asia Pacific and Western Europe where growth will be at CAGRs of 12.8% and 11.3% respectively. These will be followed by Africa and South America where the markets are expected to grow at CAGRs of 11.3% and 11% respectively.
The global smart agriculture market is fairly fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 19.28% of the total market in 2024. Deere & Company was the largest competitor with a 2.47% share of the market, followed by Trimble Inc. with 2.28%, AGCO Corporation with 2.08%, CNH Industrial N.V. with 2.00%, Bayer AG (Climate FieldView) with 1.93%, Kubota Corporation with 1.89%, Syngenta AG with 1.84%, CLAAS KGaA mbH with 1.77%, Corteva Agriscience Inc. with 1.61% and Hexagon AB with 1.43%.
The top opportunities in the smart agriculture market segmented by offering will arise in the hardware segment, which will gain $5.68 billion of global annual sales by 2030. The top opportunities in the smart agriculture market segmented by farm size will arise in the medium segment, which will gain $5.65 billion of global annual sales by 2030. The top opportunities in the smart agriculture market segmented by application will arise in the precision farming segment, which will gain $6.75 billion of global annual sales by 2030. The smart agriculture market size will gain the most in the USA at $3.83 billion.
Player-adopted strategies in the smart agriculture market include focus on expanding its business capabilities through strategic innovations and expanding its business capabilities through strategic partnerships.
Market-trend-based strategies for the smart agriculture market include focus on the development and deployment of intelligent, connected farming solutions that leverage artificial intelligence (AI), drone technologies, IoT-enabled sensor networks and digital platforms, the development and deployment of integrated digital farming platforms and enterprise-grade technology ecosystems that leverage artificial intelligence, advanced data analytics, IoT-enabled sensing and cloud-based infrastructure, the development and deployment of advanced agricultural technologies that leverage biotechnology, precision breeding techniques and data-driven innovation and the development and deployment of intelligent, connected farming solutions that leverage IoT-enabled sensor networks, real-time data analytics and integrated digital platforms.
To take advantage of the opportunities, the analyst recommends the smart agriculture companies to focus on scaling ai-driven precision farming solutions, focus on building integrated digital farming ecosystems, focus on advancing precision breeding and biotechnology innovation, focus on integrating real-time sensing with automated irrigation platforms, focus on software solutions for high-growth expansion, focus on medium farm segment for maximum market impact, expand in emerging markets, continue to focus on developed markets, focus on expanding multi-channel distribution networks, focus on value-based and tiered pricing to drive adoption and margins, focus on targeted value communication and channel integration, focus on long term engagement and knowledge driven promotion, focus on precision farming for scalable growth.
This product will be delivered within 3-5 business days.
Table of Contents
1 Executive Summary
6 Market Characteristics
8 Global Smart Agriculture Market Attractiveness Scoring And Analysis
9 Smart Agriculture Market, Supply Chain Analysis
10 Major Market Trends
11 Global Smart Agriculture Growth Analysis And Strategic Analysis Framework
12 Global Smart Agriculture Market Size And Growth Analysis
13 Global Smart Agriculture Total Addressable Market (TAM) Analysis
14 Global Smart Agriculture Market Segmentation
15 Smart Agriculture Market, Regional and Country Analysis
16 Asia-Pacific Market
17 South East Asia Market
18 North America Market
19 Western Europe Market
20 South America Market
21 Eastern Europe Market
22 Middle East Market
23 Africa Market
24 Competitive Landscape And Company Profiles
25 Other Major and Innovative Companies
28 Smart Agriculture Market - Company Scoring Matrix
30 Key Mergers And Acquisitions
31 Recent Developments In Smart Agriculture
32 Opportunities And Strategies
33 Smart Agriculture Market, Conclusions And Recommendations
34 Appendix
Executive Summary
Smart Agriculture Global Market Opportunities And Strategies To 2035 provides the strategists; marketers and senior management with the critical information they need to assess the global smart agriculture market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Where is the largest and fastest-growing market for smart agriculture? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The smart agriculture market global report answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider smart agriculture market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segments, key products, supply chain and market attractiveness scoring and analysis.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future technologies and developments in the market.
- Growth Analysis And Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2020-2025) and forecast (2025-2030, 2035F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size And Growth: Global historic (2020-2025) and forecast (2025-2030, 2035F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis: Historic (2020-2025) and forecast (2025-2030, 2035F) market values and growth and market share comparison by region and country.
- Market Segmentation: Contains the market values (2020-2025) (2025-2030, 2035F) and analysis for each segment by component of process control system, by scale of operation, mode of operation and by compatibility with bioprocessing systems in the market. Historic (2020-2025) and forecast (2025-2030) and (2030-2035) market values and growth and market share comparison by region market.
- Regional Market Size And Growth: Regional market size (2025), historic (2020-2025) and forecast (2025-2030, 2035F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape: Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players
- Other Major And Innovative Companies: Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking: Briefs on the financials comparison between major players in the market.
- Competitive Dashboard: Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions: Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments: Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies: Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations: This section includes recommendations for smart agriculture providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix: This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
1) By Offering: Hardware; Software; Services
2) By Farm Size: Small Farms; Medium Farms; Large Farms
3) By Application: Precision Farming; Livestock Monitoring; Precision Aquaculture; Precision Forestry; Smart Greenhouse; Other Applications
Companies Mentioned: Deere & Company; Trimble Inc.; AGCO Corporation; CNH Industrial N.V.; Bayer AG (Climate FieldView)
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; smart agriculture indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Deere & Company
- Trimble Inc.
- AGCO Corporation
- CNH Industrial N.V.
- Bayer AG (Climate FieldView)
- Kubota Corporation
- Syngenta AG
- CLAAS KGaA mbH
- Corteva Agriscience Inc.
- Hexagon AB
- AgroStar India
- Megago Tech
- Quadlink Technology Inc.
- AgriTalk Technology Inc.
- XAG
- DJI Agriculture
- Ziyang Wish Agricultural Technology Co., Ltd.
- Xagrotor Tek
- TopXGun Technology
- Meicai
- Alibaba Group
- Shandong Tairui
- Yanmar Holdings Co., Ltd.
- Topcon Corporation
- Inaho Inc.
- AGRIST
- Fujitsu Limited
- NEC Corporation
- NTT Data Corporation
- Panasonic Holdings Corporation
- Mitsubishi Electric Corporation
- ioCrops Inc.
- EZFARM
- Green Labs
- Firmmit Corp.
- WDG Farm
- GreenPlus Co., Ltd.
- KSFarm
- Planty Farm
- Daedong Corporation
- Cropin Technology
- Kiao Farming
- Formosa Goose Co., Ltd.
- Taiwan HiPoint Corporation
- MyFarmer Labs
- Myanma Awba Group
- Smart Farm Agritech Sdn. Bhd.
- Urban Farm Tech
- Qarbotech Sdn Bhd
- Cultiveat
- HARA
- Lionheart Agrotech
- Good Greens + Co
- AgriDOM Solutions Corp
- iFarms Inc
- Harbest Agribusiness Corporation
- Archisen
- Urban Farming Partners
- Easyrice
- RYNAN Technologies
- MimosaTEK
- Farmonaut
- Pandawa Agri
- DiMuto
- Chia Tai
- Agtonomy
- AG Leader Technology Inc.
- Bonsai Robotics
- Corvian
- Taranis
- Raven Industries Inc.
- AeroFarms LLC
- Granular Inc.
- CropX Inc.
- Smart Farm
- Indigo Ag Inc.
- Ceres Imaging Inc.
- FarmLog
- Vultus Inc.
- Prospera Technologies Inc.
- Fieldin Inc.
- Sentera Inc.
- Blue River Technology Inc.
- Semios Technologies Inc.
- CubicFarm Systems
- Agrimesh Technologies
- Growtec Solutions
- AgriFORCE Growing Systems Ltd.
- Picketa Systems Inc.
- Presia Ag Insights
- Brilliant Harvest
- Dyson Farming
- Eternal.ag
- Bosch BASF Smart Farming GmbH
- Voltrac
- 365FarmNet
- Sencrop
- AgroCares
- Geo-konzept GmbH
- xFarm Technologies
- Connecterra
- Small Robot Company
- Ecorobotix
- Parrot Drones SAS
- Solinftec
- Agrosmart
- Agrotoken
- Bioceres Crop Solutions
- Instacrops
- Auravant
- Agranimo
- Agrofert a.s.
- Hi-Target
- Workswell s.r.o
- SatAgro
- Agronet PRO
- Agricover Technology
- UpVision s.r.o
- Madar Farms
- Pure Harvest Smart Farms
- Du and Gracia
- Netafim Ltd.
- AgriTask
- Silal
- Arabian Agricultural Services Company
- Hello Tractor
- Paltech Africa
- Hurudza AI
- Agri-IoT
- AgTech Africa
- ReNile
- AquaTrack
- Farmspeak Technology
- UjuziKilimo
- Farmerline
