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

Agriculture IoT Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Agriculture IoT Market Definition And Segments

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 labor 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.

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

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.

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.

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.

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

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.

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.

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.

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 Scope
Report AttributeDetails
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 Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; 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 ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    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?

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. For further insights on the agriculture IoT market, request a sample here

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.