Smart Agriculture Market

Smart Agriculture Market Size, Share, Growth Analysis, By Offering (Hardware, Software), By Farm Size (Large Farms, Medium Farms), By Connectivity Type (Cellular IoT, LPWAN (Low-Power Wide-Area Network)), By Agriculture Type, By Application, By Others, By Region - Industry Forecast 2026-2033

Report ID: SQMIG20H2055 | Region: Global | Published Date: May, 2025
Pages: 191 |Tables: 153 |Figures: 70

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  • Schineder Electric
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  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt
  • Schineder Electric
  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt

    • FAQs

    Global Smart Agriculture Market size was valued at USD 14.44 Billion in 2024 and is poised to grow from USD 15.91 Billion in 2025 to USD 34.6 Billion by 2033, growing at a CAGR of 10.2% during the forecast period (2026–2033).

    The global smart agriculture market is characterized by strong competition among key players who are actively investing in AI-driven technologies, precision solutions, and strategic acquisitions to strengthen their portfolios. Deere & Company has been at the forefront of integrating technology into agriculture. In 2023, the company reported a 12% year-over-year increase in large agriculture equipment sales, reflecting strong demand for its precision farming solutions. A notable innovation is the fully autonomous 8R tractor, introduced in 2022, which can be controlled remotely via a smartphone, marking a significant step toward automation in farming. 'Deere & Company', 'Trimble Inc.', 'AGCO Corporation', 'Topcon', 'DeLaval', 'AKVA Group', 'Allflex Livestock Intelligence (MSD Animal Health)', 'Innovasea Systems Inc.', 'Afimilk Ltd.', 'Heliospectra', 'Ponsse Oyj', 'Komatsu Forest', 'ScaleAQ', 'Tigercat International Inc.', 'Ag Leader Technology', 'Certhon', 'Nedap N.V.', 'Argus Control Systems Limited', 'Dairymaster', 'Dickey-john'

    The urgent need to enhance agricultural productivity while minimizing environmental impact is accelerating the adoption of smart agriculture technologies. According to the USDA, smart irrigation systems can reduce water usage by up to 50%. In 2023, Deere & Company reported strong global demand for its precision farming tools, which optimize input use, minimize chemical runoff, and boost yield. The company projected a 15% to 20% sales growth in its production and precision agriculture segment for fiscal year 2023. Governments are also incentivizing sustainability—such as the EU’s Green Deal which supports digital and climate-resilient farming systems.

    Short-Term: Rapid adoption of IoT sensors and drones for real-time crop monitoring is driving immediate growth. Farmers focus on precision agriculture to optimize inputs like water, fertilizer, and pesticides, reducing costs and environmental impact. Government subsidies and tech partnerships accelerate deployment, especially in developed regions. Data analytics platforms gain popularity, helping farmers make quick, informed decisions for yield improvement and pest management.

    North America leads the global smart agriculture market, backed by strong infrastructure, early technology adoption, and supportive government initiatives. The U.S. and Canada have well-established commercial farming systems and high precision farming penetration. The USDA is investing more than $3 billion in approximately 140 pilot projects through the Partnerships for Climate-Smart Commodities initiative, requiring meaningful involvement of small and underserved producers. Moreover, major agri-tech players like Deere & Company, Trimble, and AGCO are headquartered here, enabling continuous product innovation and fast deployment across large-scale farms.

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