Global Smart Crop Monitoring Market Size & Outlook
The smart crop monitoring industry worldwide is expected to reach a projected revenue of US$ 5,769.3 million by 2030. A compound annual growth rate of 13.9% is expected of the worldwide smart crop monitoring industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,315.9
Forecast, 2030 (US$M)
$5,769.3
CAGR, 2024 - 2030
13.9%
Report Coverage
Worldwide
Global smart crop monitoring market, 2018-2030 (US$M)
Global smart crop monitoring market highlights
- The global smart crop monitoring market generated a revenue of USD 2,315.9 million in 2023 and is expected to reach USD 5,769.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.9% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 2,315.9 million in 2023.
- Hardware is the most lucrative type 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 2,315.9 million |
| Market revenue in 2030 | USD 5,769.3 million |
| Growth rate | 13.9% (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, the North America accounted for 31.3% of the global smart crop monitoring market in 2023.
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 Crop Monitoring Market Scope
Smart crop monitoring market segmentation & scope
Technology
Sensing & Imagery
Variable-Rate Technology (VRT)
Guidance Technology
Automation & Robotics
Application
Soil Monitoring
Weather Forecasting
Yield Monitoring
Crop Protection
Others
Smart Crop Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart crop monitoring market size, by regions, 2018-2030 (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
