Global Connected Agriculture Market Size & Outlook
The connected agriculture industry worldwide is expected to reach a projected revenue of US$ 14,509.2 million by 2030. A compound annual growth rate of 16.6% is expected of the worldwide connected agriculture industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,949.1
Forecast, 2030 (US$M)
$14,509.2
CAGR, 2024 - 2030
16.6%
Report Coverage
Worldwide
Global connected agriculture market, 2018-2030 (US$M)
Global connected agriculture market highlights
- The global connected agriculture market generated a revenue of USD 4,949.1 million in 2023 and is expected to reach USD 14,509.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 16.6% by 2030.
- In terms of segment, solution accounted for a revenue of USD 4,949.1 million in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 4,949.1 million |
| Market revenue in 2030 | USD 14,509.2 million |
| Growth rate | 16.6% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
Other key industry trends
- In terms of revenue, the North America accounted for 37.4% of the global connected agriculture market in 2023.
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Connected Agriculture Market Scope
Connected agriculture market segmentation & scope
Deployment
Cloud
On-premises
Application
Livestock Monitoring
Precision Farming
Supply Chain Management
Others
Connected Agriculture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global connected agriculture market size, by regions, 2018-2030 (US$M)
Related regional statistics
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