Agriculture IoT Global Market Report 2024

Global Agriculture IoT Market Report 2024

Agriculture IoT Global Market Report 2024 – By Component type (Hardware, Software, Connectivity and Services), By Farm Type (Large, Mid-Sized, Small Farms) – Market Size, Trends, And Global Forecast 2024-2033

Name: Agriculture IoT Global Market Report 2024
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Agriculture IoT Global Market Report 2024

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Agriculture IoT Market Definition

Agriculture IoT (Internet of Things) refers to using sensors, cameras, and other gadgets to convert every aspect and action related to farming into data. Agriculture IoT helps in creating large data sets from weather, moisture, plant health, mineral status, chemical applications, insect presence, and many other variables, enabling big data engineers to derive insights about the farm at various degrees of granularity using software algorithms. Agriculture IoT helps farmers use these data to decide how to plant, irrigate, harvest, and more.

The main components of agriculture IoT are hardware, software, and connectivity and services. Hardware refers to IoT enabled tools used by farmers to maximize labour and boost productivity. The agriculture IoT hardware components include tools like sensors for soil, disease and pest indications, hydration, light conditions, humidity and temperature control, and light conditions. The hardware comprises of precision farming hardware, precision livestock hardware, precision aquaculture hardware, precision forestry hardware, smart greenhouses hardware, and others used in large, mid-sized, and small farms.

Agriculture IoT Market Segmentation

The agriculture iot market covered in this report is segmented –

1) By Component type: Hardware, Software, Connectivity and Services

2) By Farm Type: Large, Mid-Sized, Small Farms

Subsegment: Precision Farming Hardware, Precision Livestock Hardware, Precision Aquaculture Hardware, Precision Forestry Hardware, Smart Greenhouses Hardware, Others Hardware

Global Agriculture IoT Market Size 2023 to 2028: Graph

Agriculture IoT Market Size 2024 And Growth Rate

The agriculture iot market size has grown rapidly in recent years. It will grow from $14.16 billion in 2023 to $15.67 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to farm mechanization and automation, rise of smart farming practices, connectivity infrastructure development, farm size and large-scale operations, crop health monitoring, efficient resource management, weather and climate monitoring, affordability and scalability.

Agriculture IoT Market Growth Forecast

The agriculture iot market size is expected to see rapid growth in the next few years. It will grow to $22.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to global expansion of precision agriculture, government regulations and standards, drones and uavs integration, climate change mitigation, increasing adoption in developing regions, predictive analytics for disease management, customization for crop types, focus on sustainable agriculture. Major trends in the forecast period include sensor technology advancements, integration of ai and machine learning, farm management software, autonomous machinery and robotics, edge computing in agriculture, subscription-based iot services, blockchain for transparency.

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Agriculture IoT Market Driver: Rising Food Demand Propels Growth In Agriculture IOT Market

A rise in the demand for food is driving the growth of the agriculture IoT market going forward. Food refers to the substance eaten by humans and animals to provide essential nutrition and nourishment to the body. The growing population of people across the globe is causing an increase in food demand. IoT solutions are geared toward assisting farmers in bridging the supply-demand gap by guaranteeing high yields, financial success, and environmental protection. For instance, according to data from The Food and Agricultural Organization, a Canada-based body of the United Nations, global food production will need to increase by 70% to meet the growing global population growth that is expected to reach 9.6 billion by 2050. Therefore, an increase in demand for food is driving the agriculture IoT market.

Agriculture IoT Market Driver: Surging Crop Production Fuels Expansion Of Agriculture IOT Market

The growing crop production is expected to propel the growth of the agriculture IoT market going forward. Crop production refers to the process of growing, cultivating, and harvesting crops for various purposes, primarily for human consumption or for animal feed. Agriculture IoT is used in crop production to enhance efficiency, optimize resource utilization, increase productivity, and contribute to sustainable and environmentally friendly farming practices. For instance, in December 2022, according to agricultural production statistics by the Food and Agriculture Organization (FAO), a US-based government organization, in 2021, 9.5 billion metric tons of primary agricultural commodities were produced worldwide, up 2% from the previous year. Therefore, growing crop production is driving the growth of the agriculture IoT market.

Global Agriculture IoT Market Major Players

Major companies operating in the agriculture iot market report are Deere & Company, The Tetra Laval Group, Topcon Positioning Systems Inc., Trimble Inc., Raven Industries Inc., AgJunction Inc., Farmers Edge Inc., Field Group AS, AgEagle Aerial Systems, Komatsu Forest AB, InnovaSea Systems Inc., Steinsvik AS, Ponsse PLC, The Climate Corporation, OnFarm Systems Inc., SlantRange Inc., TELUS Agriculture Solutions Inc., Ag Leader Technology, Autonomous Solutions Inc., BouMatic Robotic B.V., Helium Systems Inc., Benchmark Labs Inc., Jala Corporation, Myriota Pty Ltd, Ketos Inc., FarmInsect Ltd., Orbital Insight Inc., M5Stack Technology Co. Ltd., KisanHub Ltd., Amber Agriculture Inc., Arable Labs Inc., Sencrop SAS

Global Agriculture IoT Market Trend: Zyter Inc. Spearheads Agricultural Innovation With Zyter Smart Agriculture

Technological advancement is a key trend gaining popularity in the agriculture IoT market. Major companies in the agriculture IoT market are advancing in new technologies such as artificial intelligence to develop efficient products and solutions. For instance, in December 2021, Zyter Inc., a US-based digital health and IoT-enablement platform, launched Zyter Smart Agriculture. Zyter's Smart Agriculture solution provides farmers and agronomists with a comprehensive virtual view of the farm ecosystem using data from IoT sensors and AI (artificial intelligence) technologies. It emphasis on automating and optimizing basic crop management procedures to create more sustainable, precision agriculture.

Global Agriculture IoT Market Trend: Cultyvate And Dhiway Networks Forge Strategic Partnership For Integrated IOT And Blockchain Solutions

Major companies operating in the agriculture IoT market are adopting a strategic partnership approach to leverage the strengths of different companies to create integrated solutions that address the evolving needs of the agriculture industry. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in July 2023, CultYvate, an India-based agricultural service company, partnered with Dhiway Networks Private Limited, an India-based blockchain technology company. With this partnership, they aim to transform the agricultural sector's digital landscape by integrating Dhiway's cutting-edge CORD blockchain technology with IoT data from CultYvate to create a robust foundation for data security, transparency, and trust. This partnership aims to address several challenges faced by the agricultural industry.

Agriculture IoT Market Merger And Acquisition: Xfarm Sa And Farm Technologies Srl Merge To Form Xfarm Technologies Sa

In November 2021, XFarm SA, an Italy-based company that designs digital farm management platforms, and Farm Technologies Srl, an Italy-based company specializing in creating online tools to assist with farm management, merged to establish xFarm Technologies SA. Through this merger, the new business provides its clients with top-notch goods, technologies, and services while being more responsive to changes occurring in this vital industry.

Regional Outlook For The Global Agriculture IoT Market

North America was the largest region in the agriculture IoT market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agriculture iot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the agriculture iot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The agriculture IoT market includes revenues earned by entities by greenhouse automation, crop management, cattle monitoring, and monitoring climate conditions. The market value includes the value of related goods sold by the service provider or included within the service offering. The agriculture IoT market also includes sales of weeding robots, machine navigation, harvesting robotics, material handling machines, and agriculture drones. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The agriculture IoT market research report is one of a series of new reports from The Business Research Company that provides agriculture IoT market statistics, including agriculture IoT industry global market size, regional shares, competitors with a agriculture IoT market share, detailed agriculture IoT market segments, market trends and opportunities, and any further data you may need to thrive in the agriculture IoT industry. This agriculture IoT market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Agriculture IoT Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$15.67 billion
Revenue Forecast In 2033	$22.94 billion
Growth Rate	CAGR of 10% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Component type: Hardware, Software, Connectivity and Services 2) By Farm Type: Large, Mid-Sized, Small Farms Subsegment:: Precision Farming Hardware, Precision Livestock Hardware, Precision Aquaculture Hardware, Precision Forestry Hardware, Smart Greenhouses Hardware, Others Hardware
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Deere & Company; The Tetra Laval Group; Topcon Positioning Systems Inc.; Trimble Inc.; Raven Industries Inc.; AgJunction Inc.; Farmers Edge Inc.; Field Group AS; AgEagle Aerial Systems; Komatsu Forest AB; InnovaSea Systems Inc.; Steinsvik AS; Ponsse PLC; The Climate Corporation; OnFarm Systems Inc.; SlantRange Inc.; TELUS Agriculture Solutions Inc.; Ag Leader Technology; Autonomous Solutions Inc.; BouMatic Robotic B.V.; Helium Systems Inc.; Benchmark Labs Inc.; Jala Corporation; Myriota Pty Ltd; Ketos Inc.; FarmInsect Ltd.; Orbital Insight Inc.; M5Stack Technology Co. Ltd.; KisanHub Ltd.; Amber Agriculture Inc.; Arable Labs Inc.; Sencrop SAS
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Agriculture IoT Market Characteristics

3. Agriculture IoT Market Trends And Strategies

4. Agriculture IoT Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Agriculture IoT Market Size and Growth

5.1. Global Agriculture IoT Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Agriculture IoT Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Agriculture IoT Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Agriculture IoT Market Segmentation

6.1. Global Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Hardware

Software

Connectivity and Services

6.2. Global Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Large

Mid-Sized

Small Farms

7. Agriculture IoT Market Regional And Country Analysis

7.1. Global Agriculture IoT Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Agriculture IoT Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Agriculture IoT Market

8.1. Asia-Pacific Agriculture IoT Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Agriculture IoT Market

9.1. China Agriculture IoT Market Overview

9.2. China Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Agriculture IoT Market

10.1. India Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Agriculture IoT Market

11.1. Japan Agriculture IoT Market Overview

11.2. Japan Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Agriculture IoT Market

12.1. Australia Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Agriculture IoT Market

13.1. Indonesia Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Agriculture IoT Market

14.1. South Korea Agriculture IoT Market Overview

14.2. South Korea Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Agriculture IoT Market

15.1. Western Europe Agriculture IoT Market Overview

15.2. Western Europe Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Agriculture IoT Market

16.1. UK Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Agriculture IoT Market

17.1. Germany Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Agriculture IoT Market

18.4. France Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Agriculture IoT Market

19.7. Italy Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Agriculture IoT Market

20.10. Spain Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Agriculture IoT Market

21.1. Eastern Europe Agriculture IoT Market Overview

21.2. Eastern Europe Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Agriculture IoT Market

22.1. Russia Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Agriculture IoT Market

23.1. North America Agriculture IoT Market Overview

23.2. North America Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Agriculture IoT Market

24.1. USA Agriculture IoT Market Overview

24.2. USA Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Agriculture IoT Market

25.1. Canada Agriculture IoT Market Overview

25.2. Canada Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Agriculture IoT Market

26.1. South America Agriculture IoT Market Overview

26.2. South America Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Agriculture IoT Market

27.1. Brazil Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Agriculture IoT Market

28.1. Middle East Agriculture IoT Market Overview

28.2. Middle East Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Agriculture IoT Market

29.1. Africa Agriculture IoT Market Overview

29.2. Africa Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Agriculture IoT Market Competitive Landscape And Company Profiles

30.1. Agriculture IoT Market Competitive Landscape

30.2. Agriculture IoT Market Company Profiles

30.2.1. Deere & Company

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. The Tetra Laval Group

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Topcon Positioning Systems Inc.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Trimble Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Raven Industries Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Agriculture IoT Market Competitive Benchmarking

32. Global Agriculture IoT Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Agriculture IoT Market

34. Agriculture IoT Market Future Outlook and Potential Analysis

34.1 Agriculture IoT Market In 2028 - Countries Offering Most New Opportunities

34.2 Agriculture IoT Market In 2028 - Segments Offering Most New Opportunities

34.3 Agriculture IoT Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Agriculture IoT Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Agriculture IoT Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Deere & Company Financial Performance

Table 52: The Tetra Laval Group Financial Performance

Table 53: Topcon Positioning Systems Inc. Financial Performance

Table 54: Trimble Inc. Financial Performance

Table 55: Raven Industries Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Agriculture IoT Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Agriculture IoT Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Agriculture IoT Market, Segmentation By Component type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Agriculture IoT Market, Segmentation By Farm Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Deere & Company Financial Performance

Figure 52: The Tetra Laval Group Financial Performance

Figure 53: Topcon Positioning Systems Inc. Financial Performance

Figure 54: Trimble Inc. Financial Performance

Figure 55: Raven Industries Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the agriculture IoT market?

How will the agriculture IoT market drivers and restraints affect the agriculture IoT market dynamics? What forces will shape the agriculture IoT industry going forward?

The agriculture IoT market major growth driver - rising food demand propels growth in agriculture IoT market. For further insights on the agriculture IoT market, request a sample here

What is the forecast market size or the forecast market value of the agriculture IoT market ?

The agriculture IoT market size has grown rapidly in recent years. It will grow from $14.16 billion in 2023 to $15.67 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to farm mechanization and automation, rise of smart farming practices, connectivity infrastructure development, farm size and large-scale operations, crop health monitoring, efficient resource management, weather and climate monitoring, affordability and scalability. The agriculture IoT market size is expected to see rapid growth in the next few years. It will grow to $22.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to global expansion of precision agriculture, government regulations and standards, drones and uavs integration, climate change mitigation, increasing adoption in developing regions, predictive analytics for disease management, customization for crop types, focus on sustainable agriculture. Major trends in the forecast period include sensor technology advancements, integration of ai and machine learning, farm management software, autonomous machinery and robotics, edge computing in agriculture, subscription-based iot services, blockchain for transparency. For further insights on the agriculture IoT market, request a sample here

How is the agriculture IoT market segmented?

The agriculture IoT market is segmentedThe agriculture IoT market covered in this report is segmented –
1) By Component type: Hardware, Software, Connectivity and Services
2) By Farm Type: Large, Mid-Sized, Small Farms

Subsegments Covered: Precision Farming Hardware, Precision Livestock Hardware, Precision Aquaculture Hardware, Precision Forestry Hardware, Smart Greenhouses Hardware, Others HardwareFor further insights on the agriculture IoT market, request a sample here

Which region has the largest share of the agriculture IoT market? What are the other regions covered in the report?

North America was the largest region in the agriculture IoT market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agriculture iot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the agriculture IoT market, request a sample here.

Who are the major players in the agriculture IoT market?

Major companies operating in the agriculture IoT market report are Deere & Company, The Tetra Laval Group, Topcon Positioning Systems Inc., Trimble Inc., Raven Industries Inc., AgJunction Inc., Farmers Edge Inc., Field Group AS, AgEagle Aerial Systems, Komatsu Forest AB, InnovaSea Systems Inc., Steinsvik AS, Ponsse PLC, The Climate Corporation, OnFarm Systems Inc., SlantRange Inc., TELUS Agriculture Solutions Inc., Ag Leader Technology, Autonomous Solutions Inc., BouMatic Robotic B.V., Helium Systems Inc., Benchmark Labs Inc., Jala Corporation, Myriota Pty Ltd, Ketos Inc., FarmInsect Ltd., Orbital Insight Inc., M5Stack Technology Co. Ltd., KisanHub Ltd., Amber Agriculture Inc., Arable Labs Inc., Sencrop SAS For further insights on the agriculture IoT market, request a sample here.

What are the key trends in the agriculture IoT market?

Major trend in the agriculture IoT market - zyter inc. spearheads agricultural innovation with zyter smart agriculture. For further insights on the agriculture IoT market, request a sample here.

What are the major opportunities in the agriculture IoT market? What are the strategies for the agriculture IoT market?

For detailed insights on the major opportunities and strategies in the agriculture IoT market, request a sample here.

How does the agriculture IoT market relate to the overall economy and other similar markets?

For detailed insights on agriculture IoT market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the agriculture IoT industry?

For detailed insights on the mergers and acquisitions in the agriculture IoT industry, request a sample here.

What are the key dynamics influencing the agriculture IoT market growth? SWOT analysis of the agriculture IoT market.

For detailed insights on the key dynamics influencing the agriculture IoT market growth and SWOT analysis of the agriculture IoT industry, request a sample here.