Global Smart Agriculture Market Size & Outlook
The smart agriculture industry worldwide is expected to reach a projected revenue of US$ 54,711.6 million by 2030. A compound annual growth rate of 13.4% is expected of the worldwide smart agriculture industry from 2024 to 2030.
Revenue, 2023 (US$M)
$22,647.5
Forecast, 2030 (US$M)
$54,711.6
CAGR, 2024 - 2030
13.4%
Report Coverage
Worldwide
Global smart agriculture market, 2018-2030 (US$M)
Related Markets
Global smart agriculture market highlights
- The global smart agriculture market generated a revenue of USD 22,647.5 million in 2023 and is expected to reach USD 54,711.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.4% by 2030.
- In terms of segment, precision farming accounted for a revenue of USD 10,496.8 million in 2023.
- Smart greenhouse is the most lucrative agriculture type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 22,647.5 million |
| Market revenue in 2030 | USD 54,711.6 million |
| Growth rate | 13.4% (CAGR from 2023 to 2030) |
| Largest segment | Precision farming |
| Fastest growing segment | Smart greenhouse |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Precision farming, Livestock monitoring, Smart greenhouse |
Other key industry trends
- In terms of revenue, the North America accounted for 44.1% of the global smart agriculture market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 11,022.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Agriculture Market Scope
Smart agriculture market segmentation & scope
Drones
Application control devices
GPS
GIS
Hand held
Satellite sensing
Driverless tractors
Mobile devices
Map-based
Sensor-based
Bluetooth technology
Wi-Fi technology
Zigbee
RF technology
Milking robots
Nutrient sensor
Moisture sensor
Temperature sensor
Water sensors
Climate sensors
Others
HVAC system
LED grow light
RFID tags & readers
Web-based
Cloud based
System integration & consulting
Maintenance & support
Data servcies
Analytic services
Farm operation services
Supply chain management services
Climate information services
On-Farm
Off-Farm
Field mapping
Crop scouting
Weather tracking & forecasting
Irrigation management
Inventory management
Farm labor management
Milk harvesting
breeding management
Feeding management
Animal comfort management
Others
Water & fertilizer management
HVAC management
Yield monitoring
Others
Others
Smart Agriculture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart agriculture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart agriculture market will help companies and investors design strategic landscapes.
precision farming was the largest segment with a revenue share of 46.35% in 2023. Horizon Databook has segmented the Global smart agriculture market based on precision farming, livestock monitoring, smart greenhouse covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Agriculture Agriculture Type Outlook (Revenue, USD Million, 2018-2030)
- Precision farming
- Livestock monitoring
- Smart greenhouse
- Others
- Global Smart Agriculture Offering Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Automation & control system
- Drones
- Application control devices
- Guidance system
- GPS
- GIS
- Remote sensing
- Hand held
- Satellite sensing
- Driverless tractors
- Mobile devices
- VRT
- Map-based
- Sensor-based
- Wireless module
- Bluetooth technology
- Wi-Fi technology
- Zigbee
- RF technology
- Milking robots
- Sensing devices
- Soil sensors
- Nutrient sensor
- Moisture sensor
- Temperature sensor
- Water sensors
- Climate sensors
- Others
- Soil sensors
- HVAC system
- LED grow light
- RFID tags & readers
- Automation & control system
- Software
- Web-based
- Cloud based
- Services
- System integration & consulting
- Maintenance & support
- Managed services
- Data servcies
- Analytic services
- Farm operation services
- Assisted professional servcies
- Supply chain management services
- Climate information services
- Hardware
- Global Smart Agriculture Application Outlook (Revenue, USD Million, 2018-2030)
- Precision farming
- Yield monitoring
- On-Farm
- Off-Farm
- Field mapping
- Crop scouting
- Weather tracking & forecasting
- Irrigation management
- Inventory management
- Farm labor management
- Yield monitoring
- Livestock monitoring
- Milk harvesting
- breeding management
- Feeding management
- Animal comfort management
- Others
- Smart greenhouse
- Water & fertilizer management
- HVAC management
- Yield monitoring
- Others
- Others
- Precision farming
Reasons to subscribe to Global smart agriculture market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global smart agriculture market databook
-
Our clientele includes a mix of smart agriculture market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global smart agriculture market , including forecasts for subscribers. This global databook contains high-level insights into Global smart agriculture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart agriculture market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Smart agriculture market size, 2023 (USD Million)
Top 10 countries: Smart agriculture market size, 2023 (USD Million)
Global smart agriculture market, by region, 2023 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
