Smart Farming Market: By Farming Type (Pig Farming, Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse, and Others), By Software (Web Based and Cloud Based), By Services (System Integration and Consulting, Support and Maintenance, Connectivity Services, Managed Services, and Professional Services), By Solutions (Network Management, Agriculture Asset Management, Supervisory Control, and Data Acquisition, Logistics and Supply Chain Management, Smart Water Management, and Others), and By Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Farm Labor Management, and Others) and Geography

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Smart Farming Market Size was valued at USD 12.8 billion in 2023 and is poised to grow at a CAGR of 21.7 billion by 2030, growing at an 11.2% CAGR from 2024 to 2030. Smart farming is about using the innovative technologies that were developed during the Fourth Industrial Revolution in agriculture and cattle production to increase production quantity and quality, by making maximum use of resources and minimizing the environmental impact. Furthermore, farmers started adopting innovative technologies for the field with the support of IoT and artificial intelligence to monitor field and irrigation processes in the area, crop monitoring and pesticide control are also included, which helps farmers by contributing cost-effective technology and low human intervention. With the development of modernization and digitalization across the world agriculture is also adopting Smart farming techniques to control the irrigation of water, and pesticide flow to minimize the waste of resources.

In addition, the incorporation of smart tools provides better information regarding crop cutting boosts productivity, and lowers the cost of farming, these are the major factor that drives the smart farming market. The adoption of innovative smart tools fascinates farmers for maximum productivity, artificial intelligence takes farming to the hike by providing accurate weather forecasting, number of fertilizers, crop rotation, soil type, and nutrition in the crop, these tools result in various opportunities in the smart farming market. The significant restraints in the market are the high cost of equipment and technology and, the introduction of smart farming become difficult for emerging economic countries. 

Smart Farming Market Key Developments:
  • In September 2022, Cropin will launch the world’s first industry cloud for smart agriculture. Cropin Cloud is an integrated platform of applications for digitization, clean and contextual data pipelines for enhanced decision-making based on data analytics, and globally proven crop-specific, crop, and geography-agnostic machine learning models.
  • In August 2022, Farmers Edge Inc. launched DigiAg Risk Management (US), LLC Subsidiary, a wholly-owned subsidiary of Farmers Edge. Facing disruption head-on, DigiAg will work alongside insurers and agents to develop innovative crop protection solutions and unique coverage options to help protect American farmers from risk.
  • In February 2020, Granular launched free “Granular Insights” an easy-to-use, free digital tool that delivers a clearer view of field-level profitability with close to zero effort. Insights replace manual spreadsheets by combining in near real-time, a farm’s multiple sources of operational data with estimated revenue and cost data, helping farmers reach decisions easier and faster.

Smart Farming Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

11.2%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Smart Farming Market Dynamics

The increasing adoption of smart tools in farming across the world is the major market driver in the Smart Farming Market during the forecast period. The implementation of smart farming tools benefits farmers in farming, new technological adoption such as artificial intelligence, and the internet of things gives high productivity, and the growing population toward a protein-rich diet, as results increase adoption crop cutting edge technologies. Smart fishing farming solves the problems of aquaculture by providing water pH level and turbidity of water, to maintain the standard environment for fish. Hence, this will drive the global market growth at a significant rate.

Key Features of the Reports

  • The smart farming market 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 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.

Smart Farming Market Segmentation

By Farming Type
  • Pig Farming
  • Precision Farming
  • Livestock Monitoring
  • Fish Farming
  • Smart Greenhouse
  • Others
By Software
  • Web Based
  • Cloud Based
By Solutions
  • Network Management
  • Agriculture Asset Management
  • Supervisory Control and Data Acquisition
  • Logistics and Supply Chain Management
  • Smart Water Management
  • Others
By Application
  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking and Forecasting
  • Irrigation Management
  • Farm Labour Management
  • Others
By End User
  • System Integration and Consulting
  • Support and Maintenance
  • Connectivity Services
  • Managed Services
  • Professional Services

Frequently Asked Questions

The smart farming market size was valued at USD 12.8 billion in 2023 and is expected to reach 21.7 billion by 2030, growing at an 11.2% CAGR from 204 to 2030.

Smart farming is about using the innovative technologies that were developed during the Fourth Industrial Revolution in the areas of agriculture and cattle production to increase production quantity and quality, by making maximum use of resources and minimizing the environmental impact.

The leading players in the smart farming market are Grownetics, Inc., Granular, Inc, TOPCON CORPORATION, Farmers Edge Inc, The Climate Corporation, Farmers Edge Inc, DICKEY-john, Conservis, Ag Leader Technology, Cropin, Raven Industries, Inc., Iteris, Inc., Reed Business Information Ltd, Ag Junction, Trimble Inc, Deere & Company, Mothive CropX inc., and Ceres Imaging, Inc

1.Executive Summary
2.Global Smart Farming Market Introduction 
2.1.Global Smart Farming Market  - Taxonomy
2.2.Global Smart Farming Market  - Definitions
2.2.1.Farming Type
2.2.2.Software
2.2.3.Services
2.2.4.Solutions
2.2.5.Region
3.Global Smart Farming 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 Smart Farming 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 Smart Farming Market  By Farming Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
5.1. Pig Farming
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. Precision Farming
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. Livestock Monitoring
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. Fish Farming
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 
5.5. Smart Greenhouse
5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Others
5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6.Global Smart Farming Market  By Software, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
6.1. Web Based
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. Cloud Based
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 
7.Global Smart Farming Market  By Services, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
7.1. Network Management
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. Agriculture Asset Management
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. Supervisory Control and Data Acquisition
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. Logistics and Supply Chain Management
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. Smart Water Management
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 
7.6. Others
7.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
8.Global Smart Farming Market  By Solutions, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
8.1. Yield Monitoring
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. Field Mapping
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. Crop Scouting
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. Weather Tracking and Forecasting
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. Irrigation Management
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 
8.6. Farm Labour Management
8.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.6.3. Market Opportunity Analysis 
8.7. Others
8.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.7.3. Market Opportunity Analysis 
9.Global Smart Farming Market  By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Smart Farming Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
10.1. Farming Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Pig Farming
10.1.2.Precision Farming
10.1.3.Livestock Monitoring
10.1.4.Fish Farming
10.1.5.Smart Greenhouse
10.1.6.Others
10.2.  Software Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Web Based
10.2.2.Cloud Based
10.3.  Services Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Network Management
10.3.2.Agriculture Asset Management
10.3.3.Supervisory Control and Data Acquisition
10.3.4.Logistics and Supply Chain Management
10.3.5.Smart Water Management
10.3.6.Others
10.4.  Solutions Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Yield Monitoring
10.4.2.Field Mapping
10.4.3.Crop Scouting
10.4.4.Weather Tracking and Forecasting
10.4.5.Irrigation Management
10.4.6.Farm Labour Management
10.4.7.Others
10.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Smart Farming Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
11.1. Farming Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Pig Farming
11.1.2.Precision Farming
11.1.3.Livestock Monitoring
11.1.4.Fish Farming
11.1.5.Smart Greenhouse
11.1.6.Others
11.2.  Software Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Web Based
11.2.2.Cloud Based
11.3.  Services Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Network Management
11.3.2.Agriculture Asset Management
11.3.3.Supervisory Control and Data Acquisition
11.3.4.Logistics and Supply Chain Management
11.3.5.Smart Water Management
11.3.6.Others
11.4.  Solutions Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Yield Monitoring
11.4.2.Field Mapping
11.4.3.Crop Scouting
11.4.4.Weather Tracking and Forecasting
11.4.5.Irrigation Management
11.4.6.Farm Labour Management
11.4.7.Others
11.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
11.5.7.
12.Asia Pacific (APAC) Smart Farming Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
12.1. Farming Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Pig Farming
12.1.2.Precision Farming
12.1.3.Livestock Monitoring
12.1.4.Fish Farming
12.1.5.Smart Greenhouse
12.1.6.Others
12.2.  Software Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Web Based
12.2.2.Cloud Based
12.3.  Services Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Network Management
12.3.2.Agriculture Asset Management
12.3.3.Supervisory Control and Data Acquisition
12.3.4.Logistics and Supply Chain Management
12.3.5.Smart Water Management
12.3.6.Others
12.4.  Solutions Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Yield Monitoring
12.4.2.Field Mapping
12.4.3.Crop Scouting
12.4.4.Weather Tracking and Forecasting
12.4.5.Irrigation Management
12.4.6.Farm Labour Management
12.4.7.Others
12.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Smart Farming Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
13.1. Farming Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Pig Farming
13.1.2.Precision Farming
13.1.3.Livestock Monitoring
13.1.4.Fish Farming
13.1.5.Smart Greenhouse
13.1.6.Others
13.2.  Software Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Web Based
13.2.2.Cloud Based
13.3.  Services Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Network Management
13.3.2.Agriculture Asset Management
13.3.3.Supervisory Control and Data Acquisition
13.3.4.Logistics and Supply Chain Management
13.3.5.Smart Water Management
13.3.6.Others
13.4.  Solutions Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Yield Monitoring
13.4.2.Field Mapping
13.4.3.Crop Scouting
13.4.4.Weather Tracking and Forecasting
13.4.5.Irrigation Management
13.4.6.Farm Labour Management
13.4.7.Others
13.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Smart Farming Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
14.1. Farming Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Pig Farming
14.1.2.Precision Farming
14.1.3.Livestock Monitoring
14.1.4.Fish Farming
14.1.5.Smart Greenhouse
14.1.6.Others
14.2.  Software Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Web Based
14.2.2.Cloud Based
14.3.  Services Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Network Management
14.3.2.Agriculture Asset Management
14.3.3.Supervisory Control and Data Acquisition
14.3.4.Logistics and Supply Chain Management
14.3.5.Smart Water Management
14.3.6.Others
14.4.  Solutions Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Yield Monitoring
14.4.2.Field Mapping
14.4.3.Crop Scouting
14.4.4.Weather Tracking and Forecasting
14.4.5.Irrigation Management
14.4.6.Farm Labour Management
14.4.7.Others
14.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Grownetics, Inc.
15.2.2.Granular, Inc.
15.2.3.TOPCON CORPORATION
15.2.4.Farmers Edge Inc.
15.2.5.The Climate Corporation
15.2.6.Farmers Edge Inc
15.2.8.Conservis
15.2.9.Ag Leader Technology.
15.2.10.Cropin
15.2.11.Raven Industries, Inc.
15.2.12.Iteris, Inc.
15.2.13.Reed Business Information Ltd
15.2.14.Ag Junction
15.2.15.Trimble Inc
15.2.16.Deere & Company.
15.2.17.Mothive CropX inc.
15.2.18.Ceres Imaging, Inc
16. Research Methodology 
17. Appendix and Abbreviations 
  • Grownetics, Inc.
  • Granular, Inc.
  • TOPCON CORPORATION
  • Farmers Edge Inc.
  • The Climate Corporation
  • Farmers Edge Inc
  • DICKEY-john.
  • Conservis
  • Ag Leader Technology.
  • Cropin
  • Raven Industries, Inc.
  • Iteris, Inc.
  • Reed Business Information Ltd
  • Ag Junction
  • Trimble Inc
  • Deere & Company.
  • Mothive CropX inc.
  • Ceres Imaging, Inc

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