Middle East & Africa Agriculture 4.0 Market Size & Outlook
The agriculture 4.0 market in Middle East & Africa is expected to reach a projected revenue of US$ 7,546.5 million by 2030. A compound annual growth rate of 8.9% is expected of Middle East & Africa agriculture 4.0 market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,148.9
Forecast, 2030 (US$M)
$7,546.5
CAGR, 2024 - 2030
8.9%
Report Coverage
Middle East & Africa
Middle East & Africa agriculture 4.0 market, 2018-2030 (US$M)
MEA agriculture 4.0 market highlights
- The MEA agriculture 4.0 market generated a revenue of USD 4,148.9 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 4,148.9 million |
| Market revenue in 2030 | USD 7,546.5 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.7% of the global agriculture 4.0 market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 48,228.1 million by 2030.
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Agriculture 4.0 Market Scope
Agriculture 4.0 market segmentation & scope
Sensors
Control Systems
GPS
Others (Drones)
Agriculture Hardware
Automation and Control Systems
Sensing and Monitoring Devices
Forestry Hardware
Harvesters & Forwarders
UAVs/ Drones
GPS
Cameras
RFID and Sensors
Variable Rate Controllers
Others
Fish Farm Hardware
GPS/ GNSS
Sensors
Others
Greenhouse Farming Hardware
Combined Heat and Power Systems (CHPs)
Cooling Systems
Automated Irrigation Systems
pH Sensors
Software
Cloud Based
Local/Web Based
Application
Farming
Crop Health Assessment
Crop Monitoring and Spraying
Planting
Soil and Field Analysis
Field Mapping
Weather Tracking and Forecasting
Irrigation Management
Inventory Management
Farm Labor Management
Financial Management
Forestry
Genetics and Nurseries
Silviculture and Fire Management
Harvesting Management
Inventory and Logistics Management
Livestock Monitoring
Heat Stress & Fertility Management
Milk Harvesting Management
Feeding Management
Animal Health & Comfort Management
Behavior Monitoring Management
Others
Smart Green House
HVAC Management
Yield Monitoring
Water and Fertilizer Management
Lighting Management
Others
Application
End Use
Livestock
Agro-forestry
Fishing
Aquaculture
Countries
U.S.
Canada
Mexico
Germany
France
Italy
UK
Spain
Japan
China
India
South Korea
Australia
Argentina
Brazil
Saudi Arabia
South Africa
UAE
Kuwait
Agriculture 4.0 Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa agriculture 4.0 market
Related regional statistics
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