- Sensing & Monitoring
- Communication Technology
- Cloud & Data Processing
- Others
Digital Agriculture Market size was valued at USD 18,920.0 million in 2023 and is poised to grow at a 10.4% CAGR from 2024 to 2030. Increased demand on farmers to produce more food and animal feed with fewer pesticides. Feeding the rising population is becoming difficult. The strain on agricultural production has increased. The usage of Internet of Things technology, along with precision agriculture software, will benefit the agricultural sector. There is a growing usage of digital agricultural equipment to track crop progress using sensors that record soil condition and temperature in the fields. Farmers use these programs to determine the best climate for crop growth. Following the epidemic, farming, like all other industries, is turning to digital platforms. There is a rise in investments and innovations in digital agriculture. The growing reliance on digital technology is helping to improve the lives of farmers across the world.
Digital Agriculture Market Key Players:
- In June 2022, Cropin, a Bangalore-based agricultural technology business, aimed to develop an agriculture cloud. Agcloud contains information on crops and farmer locations. It also contains applications for solving agricultural difficulties.
- In November 2022, AGCO Corporation has released a new online application called Geo-Bird to assist farmers around the world in independently planning and optimizing their global navigation satellite system (GNSS) machine guidance lines.
Digital Agriculture Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
10.4%
Largest Market
Asia Pacific
Fastest Growing Market
Asia Pacific
Digital Agriculture Market Dynamics
The growing understanding of the advantages of digital agriculture in optimizing agricultural productivity has resulted in a significant rise in the agriculture business. Growing worries about food security and nutrition are expected to create numerous chances for the business to grow. Countries should develop strategic precision farming policies to encourage farmers to use relevant technologies.
Technological improvements and innovations are key drivers of the digital agriculture market, assisting farmers in maximizing production while minimizing losses through efficient resource usage. As a result, the increased requirement to fulfil the demands of a growing population, along with the restricted scarcity of natural resources, is expected to drive the global market for digital farming over the forecast period.
Asia-Pacific Got Significant Share of
Digital Agriculture Market Regional Analysis
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Asia-Pacific is the fastest expanding market. In recent years, the Chinese agricultural sector has experienced a game-changing transformation in the adoption of smart farming technologies. Although sensor-based technologies such as Internet of Things (IoT) cellular devices, gear tooth sensor-based irrigation and fertilization equipment, and valve position sensors, among others, are relatively new in the domain, the country has seen a surge in demand for sensors, owing to farmers' increased mechanization and adoption of smart agricultural practices. Similarly, the growing necessity for digitalization in Indian agriculture is well acknowledged, with attempts underway to digitize the existing value chain. demand for supplements in the form of powder, gummies, and beverages that are easy to ingest.
Latin America
Europe
Asia Pacific
Middle East
North America
Digital Agriculture Market Segmentation
By Infrastructure
By Technology
- AI/ML
- IoT
- Blockchain
- Data & Analytics
- Others
By Application
- Yield Monitoring and Mapping
- Smart Crop Monitoring
- Soil & Fertilizer Management
- Weather Forecasting
- Others
Frequently Asked Questions
The Digital Agriculture Market was valued at USD 18,920.0 million in 2023 and is projected to reach USD 37,712.7 million by 2030, growing at a CAGR of 10.4%.
The growing understanding of the advantages of digital agriculture in optimizing agricultural productivity has resulted in a significant rise in the agriculture business.
Growing worries about food security and nutrition are expected to create numerous chances for the business to grow.
Market research is segmented infrastructure, technology, application, and region.
Asia-Pacific is estimated to dominate with the highest CAGR over the forecast period.
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
| 1.Executive Summary |
| 2.Global Digital Agriculture Market Introduction |
| 2.1.Global Digital Agriculture Market - Taxonomy |
| 2.2.Global Digital Agriculture Market - Definitions |
| 2.2.1.Infrastructure |
| 2.2.2.Application |
| 2.2.3.Technology |
| 2.2.4.Region |
| 3.Global Digital Agriculture Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Digital Agriculture Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Digital Agriculture Market By Infrastructure, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Sensing & Monitoring |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Communication Technology |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Cloud & Data Processing |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Digital Agriculture Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. AI/ML |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. IoT |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Blockchain |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Data & Analytics |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global Digital Agriculture Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Yield Monitoring and Mapping |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Smart Crop Monitoring |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Soil & Fertilizer Management |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Weather Forecasting |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Digital Agriculture Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Infrastructure Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Sensing & Monitoring |
| 9.1.2.Communication Technology |
| 9.1.3.Cloud & Data Processing |
| 9.1.4.Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.AI/ML |
| 9.2.2.IoT |
| 9.2.3.Blockchain |
| 9.2.4.Data & Analytics |
| 9.2.5.Others |
| 9.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Yield Monitoring and Mapping |
| 9.3.2.Smart Crop Monitoring |
| 9.3.3.Soil & Fertilizer Management |
| 9.3.4.Weather Forecasting |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Infrastructure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Sensing & Monitoring |
| 10.1.2.Communication Technology |
| 10.1.3.Cloud & Data Processing |
| 10.1.4.Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.AI/ML |
| 10.2.2.IoT |
| 10.2.3.Blockchain |
| 10.2.4.Data & Analytics |
| 10.2.5.Others |
| 10.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Yield Monitoring and Mapping |
| 10.3.2.Smart Crop Monitoring |
| 10.3.3.Soil & Fertilizer Management |
| 10.3.4.Weather Forecasting |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Infrastructure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Sensing & Monitoring |
| 11.1.2.Communication Technology |
| 11.1.3.Cloud & Data Processing |
| 11.1.4.Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.AI/ML |
| 11.2.2.IoT |
| 11.2.3.Blockchain |
| 11.2.4.Data & Analytics |
| 11.2.5.Others |
| 11.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Yield Monitoring and Mapping |
| 11.3.2.Smart Crop Monitoring |
| 11.3.3.Soil & Fertilizer Management |
| 11.3.4.Weather Forecasting |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Infrastructure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Sensing & Monitoring |
| 12.1.2.Communication Technology |
| 12.1.3.Cloud & Data Processing |
| 12.1.4.Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.AI/ML |
| 12.2.2.IoT |
| 12.2.3.Blockchain |
| 12.2.4.Data & Analytics |
| 12.2.5.Others |
| 12.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Yield Monitoring and Mapping |
| 12.3.2.Smart Crop Monitoring |
| 12.3.3.Soil & Fertilizer Management |
| 12.3.4.Weather Forecasting |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Infrastructure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Sensing & Monitoring |
| 13.1.2.Communication Technology |
| 13.1.3.Cloud & Data Processing |
| 13.1.4.Others |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.AI/ML |
| 13.2.2.IoT |
| 13.2.3.Blockchain |
| 13.2.4.Data & Analytics |
| 13.2.5.Others |
| 13.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Yield Monitoring and Mapping |
| 13.3.2.Smart Crop Monitoring |
| 13.3.3.Soil & Fertilizer Management |
| 13.3.4.Weather Forecasting |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Kubota Corporation |
| 14.2.2.Agjunction Inc |
| 14.2.3.AGCO Corporation |
| 14.2.4.Deere & Company |
| 14.2.5.Hexagon AB |
| 14.2.6.Trimble |
| 14.2.7.IBM Corporation |
| 14.2.8.Raven Industries |
| 14.2.9.Topcon Positioning Systems |
| 14.2.10.Gamaya SA |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Kubota Corporation
- Agjunction Inc
- AGCO Corporation
- Deere & Company
- Hexagon AB
- Trimble
- IBM Corporation
- Raven Industries
- Topcon Positioning Systems
- Gamaya SA