Product Code: GVR-4-68040-501-8
Agriculture IoT Market Size & Trends:
The global agriculture IoT market size is estimated at USD 28.65 billion in 2024 and is expected to grow at a CAGR of 10.5% from 2025 to 2030. The market growth is primarily driven by the increasing demand for automation, the need for operational efficiency, and the rise in smart farming technologies that enable precise monitoring and management of crops. In addition, the growing integration of artificial intelligence (AI) and machine learning with IoT systems is anticipated to enhance predictive analytics capabilities, allowing for more informed decision-making in farming operations, which is expected to present lucrative opportunities for the agriculture IoT industry in the coming years.
Integrating artificial intelligence (AI) and machine learning (ML) with IoT technologies is one of the most important emerging trends in the agriculture IoT industry. AI and ML algorithms can analyze the vast amounts of data IoT devices collect, offering predictive insights and automated decision-making capabilities. This combination allows farmers to identify problems before they arise, optimize crop yields, and enhance operational efficiency. The increasing use of AI and ML in conjunction with IoT transforms traditional farming methods, making agriculture smarter, more precise, and more productive.
In addition, governments around the world are increasingly supporting the adoption of IoT technologies in agriculture as part of their efforts to improve food security, increase agricultural productivity, and promote sustainable farming. Various initiatives, subsidies, and research programs are designed to encourage farmers to adopt smart farming solutions, including precision farming, data-driven decision-making, and automated irrigation. This government backing helps accelerate the deployment of IoT technologies in agriculture, leading to industry growth.
Furthermore, the growing emphasis on sustainability and environmental conservation in agriculture is another key factor driving the market growth. Precision agriculture, which uses IoT to optimize the use of inputs like water, fertilizers, and pesticides, not only improves farm productivity but also reduces the environmental footprint of farming activities. By enabling farmers to apply resources more efficiently and monitor environmental factors more closely, IoT technologies support more sustainable and eco-friendly farming practices, thus driving the expansion of the agriculture IoT industry.
Moreover, rapid sensor technology and connectivity advancements have played a pivotal role in the agriculture IoT industry expansion. With the development of low-cost, high-performance sensors and improved connectivity networks (such as 5G and low-power wide-area networks), farmers can collect real-time data from their fields and livestock. This data can then be used to monitor soil health, weather conditions, irrigation levels, and crop growth, helping farmers make informed decisions. The continuous improvement of these technologies enhances efficiency, reduces operational costs, and improves farm management. This trend is expected to drive market growth in the coming years.
Global Agriculture IoT Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest technology trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global agriculture IoT market report based on component, deployment, connectivity, application, farm type, and region:
- Component Outlook (Revenue, USD Billion, 2018 - 2030)
- Hardware
- Software
- Services
- Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
- On-premise
- Cloud
- Connectivity Outlook (Revenue, USD Billion, 2018 - 2030)
- Wi-Fi
- Bluetooth
- Cellular
- Others
- Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Precision Farming
- Livestock Monitoring
- Smart Greenhouse
- Aquaculture
- Others
- Farm Type Outlook (Revenue, USD Billion, 2018 - 2030)
- Large
- Mid-sized
- Small
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. 1.4 Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Agriculture IoT Market Snapshot
- 2.2. Agriculture IoT Market- Segment Snapshot (1/2)
- 2.3. Agriculture IoT Market- Segment Snapshot (2/2)
- 2.4. Agriculture IoT Market- Competitive Landscape Snapshot
Chapter 3. Agriculture IoT Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's five forces analysis
- 3.4.2. Macroeconomic analysis
Chapter 4. Agriculture IoT Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Agriculture IoT Market: Component Movement Analysis, 2024 & 2030 (USD Billion)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Services
- 4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Agriculture IoT Market: Deployment Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Agriculture IoT Market: Deployment Movement Analysis, 2024 & 2030 (USD Billion)
- 5.3. On-premises
- 5.3.1. On-premises Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Cloud
- 5.4.1. Cloud Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Agriculture IoT Market: Connectivity Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Agriculture IoT Market: Connectivity Movement Analysis, 2024 & 2030 (USD Billion)
- 6.3. Wi-Fi
- 6.3.1. Wi-Fi Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Bluetooth
- 6.4.1. Bluetooth Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Cellular
- 6.5.1. Cellular Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Others
- 6.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Agriculture IoT Market: Farm Type Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Agriculture IoT Market: Farm Type Movement Analysis, 2024 & 2030 (USD Billion)
- 7.3. Large
- 7.3.1. Large Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Mid-sized
- 7.4.1. Mid-sized Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Small
- 7.5.1. Small Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Agriculture IoT Market: Application Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Agriculture IoT Market: Application Movement Analysis, 2024 & 2030 (USD Billion)
- 8.3. Precision Farming
- 8.3.1. Precision Farming Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Livestock Monitoring
- 8.4.1. Livestock Monitoring Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Smart Greenhouse
- 8.5.1. Smart Greenhouse Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Aquaculture
- 8.6.1. Aquaculture Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7. Others
- 8.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Regional Estimates & Trend Analysis
- 9.1. Agriculture IoT Market by Region, 2024 & 2030
- 9.2. North America
- 9.2.1. North America Agriculture IoT Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.4. Mexico
- 9.2.4.1. Mexico Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.2. UK
- 9.3.2.1. UK Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.4. France
- 9.3.4.1. France Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.2. China
- 9.4.2.1. China Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.3. Japan
- 9.4.3.1. Japan Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.4. India
- 9.4.4.1. India Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.6. Australia
- 9.4.6.1. Australia Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.2. UAE
- 9.6.2.1. UAE Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.3. Saudi Arabia
- 9.6.3.1. Saudi Arabia Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Agriculture IoT Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 10. Agriculture IoT Market - Competitive Landscape
- 10.1. Company Categorization
- 10.2. Company Market Positioning
- 10.3. Company Heat Map Analysis
- 10.4. Company Profiles/Listing
- 10.4.1. Deere & Company
- 10.4.1.1. Participant's Overview
- 10.4.1.2. Financial Performance
- 10.4.1.3. Product Benchmarking
- 10.4.1.4. Recent Developments
- 10.4.2. Trimble Inc.
- 10.4.2.1. Participant's Overview
- 10.4.2.2. Financial Performance
- 10.4.2.3. Product Benchmarking
- 10.4.2.4. Recent Developments
- 10.4.3. Raven Industries, Inc.
- 10.4.3.1. Participant's Overview
- 10.4.3.2. Financial Performance
- 10.4.3.3. Product Benchmarking
- 10.4.3.4. Recent Developments
- 10.4.4. AGCO Corporation
- 10.4.4.1. Participant's Overview
- 10.4.4.2. Financial Performance
- 10.4.4.3. Product Benchmarking
- 10.4.4.4. Recent Developments
- 10.4.5. Topcon Positioning Systems, Inc.
- 10.4.5.1. Participant's Overview
- 10.4.5.2. Financial Performance
- 10.4.5.3. Product Benchmarking
- 10.4.5.4. Recent Developments
- 10.4.6. Blue River Technology
- 10.4.6.1. Participant's Overview
- 10.4.6.2. Financial Performance
- 10.4.6.3. Product Benchmarking
- 10.4.6.4. Recent Developments
- 10.4.7. Valmont Industries, Inc.
- 10.4.7.1. Participant's Overview
- 10.4.7.2. Financial Performance
- 10.4.7.3. Product Benchmarking
- 10.4.7.4. Recent Developments
- 10.4.8. FarmWise Labs
- 10.4.8.1. Participant's Overview
- 10.4.8.2. Financial Performance
- 10.4.8.3. Product Benchmarking
- 10.4.8.4. Recent Developments
- 10.4.9. Cropin
- 10.4.9.1. Participant's Overview
- 10.4.9.2. Financial Performance
- 10.4.9.3. Product Benchmarking
- 10.4.9.4. Recent Developments
- 10.4.10. Agrostar
- 10.4.10.1. Participant's Overview
- 10.4.10.2. Financial Performance
- 10.4.10.3. Product Benchmarking
- 10.4.10.4. Recent Developments