Smart Agriculture Market

The global smart agriculture market is projected to witness substantial growth over the forecast period, driven by the increasing adoption of technology-driven farming practices, automation of greenhouses, and growing implementation of Controlled Environment Agriculture (CEA). According to Beyond Market Insights, the global smart agriculture market size was valued at USD 25.47 billion in 2024 and is expected to reach USD 77.74 billion by 2033, growing at a CAGR of 13.2% from 2025 to 2033.

Smart agriculture encompasses various technologies such as precision farming, livestock monitoring, smart greenhouses, and others, all aimed at improving agricultural productivity, reducing wastage, and optimizing resources.

Market Insights by Type

The smart agriculture market is segmented into precision farming, livestock monitoring, smart greenhouses, and others (which include fish farming and horticulture).

• In 2024, the livestock monitoring segment accounted for 23.1% of the global market share. The rising trend of precision livestock monitoring ensures optimal health, production, and welfare of livestock, thereby improving overall farm productivity. Advanced livestock monitoring solutions help farmers reduce operational costs and improve yields by tracking key metrics such as animal health, location, and feed consumption.
• Precision farming remains a core component of smart agriculture, enabling farmers to make data-driven decisions for yield optimization, crop health monitoring, and irrigation management.
• The smart greenhouse segment is expected to grow steadily due to the increasing adoption of LED grow lights and automated climate control systems. These technologies help maintain optimal growing conditions inside greenhouses, resulting in higher yields and efficient resource utilization.

Market Insights by Offering

The smart agriculture market is categorized into hardware, software, and services offerings.

• The software segment is anticipated to register the highest growth during the forecast period. Farmers increasingly use cloud-based platforms and data analytics tools to monitor crop health, weather patterns, soil conditions, and other critical parameters.
• The hardware segment includes automation and control systems, HVAC systems, LED grow lights, RFID tags & readers, and sensing devices. Automation systems, such as driverless tractors, milking robots, and drones, are revolutionizing traditional farming practices by reducing manual labor and increasing efficiency.
• Sensing devices, including soil sensors, moisture sensors, and temperature sensors, play a crucial role in ensuring that crops receive the right amount of water and nutrients at the right time, thereby improving overall farm productivity.

Market Insights by Application

Smart agriculture applications include yield monitoring, crop scouting, field mapping, weather tracking & forecasting, irrigation management, inventory management, and farm labor management.

• In 2024, the yield monitoring segment held the largest market share, accounting for 44.3% of the total market. Yield monitoring helps farmers assess crop performance in real time, optimize water and nutrient usage, and reduce overall wastage.
• The weather tracking and forecasting application is expected to grow at the fastest rate during the forecast period. Accurate weather predictions are essential for farmers to plan their farming activities, reduce risks associated with climate change, and optimize crop protection measures.

Regional Insights

The North American smart agriculture market dominated the global landscape, with a market share of 43.9% in 2024. The region is expected to grow at a CAGR of 12.5% from 2025 to 2033. Government initiatives and regulations aimed at promoting sustainable farming practices and water conservation are driving the adoption of smart agriculture technologies in this region. For example, the North America Climate Smart Agriculture Alliance (NACSAA) provides educational resources and platforms for farmers to adopt climate-smart practices.

In Asia Pacific, the smart agriculture market is anticipated to witness the highest growth during the forecast period. Countries like Japan, China, and India are heavily investing in precision farming technologies to improve agricultural productivity and reduce dependency on imported food. The Japanese government, for instance, is providing funding to promote smart farming initiatives, including precision agriculture.

Singapore is also expected to see significant growth in smart agriculture as the country imports over 90% of its food supply. The government is actively promoting urban farming and hydroponic solutions to reduce reliance on imports and increase food security.

The Middle East & Africa (MEA) region is witnessing rising demand for smart agricultural solutions, primarily driven by the growing focus on water conservation and sustainable agriculture. In countries like Saudi Arabia and the UAE, substantial investments in infrastructure development to boost tourism and attract foreign investments are expected to create new opportunities for smart farming technologies.

Key Market Players

The global smart agriculture market is highly competitive, with numerous players offering innovative solutions to address the challenges faced by modern farmers. Some of the key players in the market include:

1. Ag Leader Technology
2. AGCO Corporation
3. AgJunction, Inc.
4. AgEagle Aerial Systems Inc.
5. Autonomous Solutions, Inc.
6. Argus Control Systems Ltd.
7. BouMatic Robotic B.V.
8. CropMetrics
9. CLAAS KGaA mbH
10. CropZilla
11. Deere & Company
12. DICKEY-john
13. DroneDeploy
14. DeLaval Inc.
15. Farmers Edge Inc.
16. Grownetics, Inc.
17. Granular, Inc.
18. Gamaya
19. GEA Group Aktiengesellschaft
20. Raven Industries
21. Trimble Inc.
22. Topcon Positioning System

Recent Developments

• In July 2023, Deere & Company acquired Smart Apply, Inc., a precision spraying solutions provider, to help farmers reduce input costs and improve productivity.
• In May 2023, AgEagle Aerial Systems Inc. entered into a two-year supply agreement with Wingtra AG, integrating precision sensors for agriculture drones.
• In April 2023, AGCO Corporation partnered with Hexagon to expand its factory-fit and aftermarket guidance systems for tractors.

Smart Agriculture Market Report Scope

Global Smart Agriculture Market Report Segmentation

Type Outlook (Revenue, USD Million, 2017 – 2030)

1. Precision farming
2. Livestock monitoring
3. Smart greenhouse
4. Others

Offering Outlook (Revenue, USD Million, 2017 – 2030)

1. Hardware
   • • Automation & control systems
       • Drones
       • Application control devices
       • Guidance system
         • GPS
         • GIS
       • Remote sensing
         • Handheld
         • Satellite sensing
       • Driverless tractors
       • Mobile devices
       • VRT
         • Map-based
         • Sensor-based
       • Wireless modules
         • Bluetooth technology
         • Wi-Fi technology
         • Zigbee technology
         • RF technology
       • Milking robots
     • Sensing devices
       • Soil sensor
         • Nutrient sensor
         • Moisture sensor
         • Temperature sensor
       • Water sensors
       • Climate sensors
       • Others
     • HVAC system
     • LED grow light
     • RFID tags & readers
2. Software
   • • Web-based
     • Cloud-based
3. Types
4. • • System integration & consulting
     • Maintenance & support
     • Managed types
       • Data types
       • Analytics types
       • Farm operation types
     • Assisted professional types
       • Supply chain management types
       • Climate information types

Application Outlook (Revenue, USD Million; 2017 – 2030)

1. 1. Precision farming application
      • Yield monitoring
        • On-farm
        • Off-farm
      • Field mapping
      • Crop scouting
      • Weather tracking & forecasting
      • Irrigation management
      • Inventory management
      • Farm labor management
   2. Livestock monitoring application
      • Milk harvesting
      • Breeding management
      • Feeding management
      • Animal comfort management
      • Others
   3. Smart greenhouse application
      • Water & fertilizer management
      • HVAC management
      • Yield monitoring
      • Others
   4. Others

Regional Outlook (Revenue, USD Billion, 2017 – 2030)

• 1. North America
     • U.S.
     • Canada
     • Mexico
  2. Europe
     • U.K.
     • Germany
     • France
     • Russia
     • Netherland
  3. Asia Pacific
     • China
     • Japan
     • India
     • Australia
     • Singapore
  4. South America
     • Brazil
  5. Middle East and Africa (MEA)
     • Turkey