Crop Monitoring Market: By Component (Hardware, Software/Mobile Applications, Services), By Application (Field Mapping, Crop Scouting, Soil Monitoring, Yield Monitoring, Variable Rate Applications, Weather Monitoring and Forecasting, Others), By Technology (Sensing & Imagery, VRT) and Geography

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Crop Monitoring Market was valued at USD 2,537.6 million in 2022, and is poised to grow at a CAGR of 14.8% from 2023-2029. The global market report provides a thorough overview of the Crop monitoring market, which can be segmented by Component, Application, and Technology. Based on the Components, the crop monitoring market is segmented into Hardware, Software/Mobile Applications, and Services. The software segment is expected to witness the highest CAGR forecast period owing to the advancement in software developments in various sectors. Moreover, the applications for crop monitoring are getting updated to include more features which will enhance the demand for featureful software in the existing hardwires. However, the service segment will also observe considerable growth as, according to current trends, the advanced high-end software requires constant management, for which most of the live monitoring software is running on subscription plans either monthly or annually. Additionally, the hardware segment, especially the sensors, can be estimated to observe increased revenue generation as the software need hardware collected data to function properly. Based on applications, the market is segmented into Field Mapping, Crop Scouting, Soil Monitoring, Yield Monitoring, Variable Rate Applications, Weather Monitoring and Forecasting, and Others. Among the different segments in the application field monitoring, soil monitoring, and weather monitoring & forecasting is projected to attest most increase in revenue generation in the foretell period owing to increasing demand for constant monitoring of the soil nutrients status, pH status, water content status, effective weather forecasting, and generalized field monitoring. Based on the technology, the segment has been segregated into Sensing & Imagery and VRT. Both segments have strong potential for growth. Sensing and imagery technology are in demand for effective and accurate soil monitoring and weather forecasting. VRT is growing in popularity as automation in fertilizer and agrochemical applications reduces over-application and erroneous application.  

Crop Monitoring Market Key Development:

  • In September 2022, PlanetWatchers, a SAR (Synthetic Aperture Radar) satellite data company, raised $11 million in a Series A funding round, which was led by Seraphim Space and Creative Ventures. The fundraising was done targeting crop monitoring software development and for expanding the current market share.

Crop Monitoring Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

14.8%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America
Crop Monitoring Market Dynamics

The market is expanding quickly due to increased expenditures in agricultural technology and the use of precision farming for field mapping and geo-positioning. Additionally, the market for crop monitoring is expected to grow significantly due to the increasing adoption of the internet of things and artificial intelligence-based farm monitoring systems. Another aspect fueling industry expansion is the escalating concerns about the security and safety of food.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Crop Monitoring Market Segmentation

By Component
  • Hardware,
  • Software/Mobile Applications,
  • Services
By Application
  • Field Mapping,
  • Crop Scouting,
  • Soil Monitoring,
  • Yield Monitoring,
  • Variable Rate Applications,
  • Weather Monitoring and Forecasting,
  • Others
By Technology
  • Sensing & Imagery,
  • VRT
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Frequently Asked Questions

For the effective application of geospatial technologies and site-specific crop management techniques, crop monitoring is increasingly important. In many nations, the remote sensing technology is being utilised as a tool to collect data for tracking crop conditions and forecasting acreage and production in order to make policy decisions pertaining to food security. The accuracy level for crop acreage projections using the currently in use remote sensing applications ranged from 70 to 90 percent, depending on the type of crop and how it was distributed throughout the terrain. These applications are still in the experimental stage. There are several characteristics of remote sensing that make it useful for crop health monitoring. Additionally, remote sensing photography provides the necessary spatial picture of the terrain.

Libelium Comunicaciones Distribuidas S.L., John Deere, Agrisource Data, Raven Industries, Inc., AGCO Corporation., Pessl Instruments, CropX inc., Trimble Inc., Yara International ASA, The Climate Corporation, and others

All the crucial elements of agricultural operations are covered by crop monitoring, including soil moisture, water levels, weather conditions, fuel levels, crop health in the field, and temperatures. To deliver crop-specific recommendations, an intelligent sensor automates data gathering and improves in-field observations. Due to their exceptional level of visibility, modern crop monitoring devices are becoming increasingly popular in precision farming. Moreover, use of internet and digitalization have increased like never before which pose an excellent opportunity for new technology development and utilization.

The usage of cutting-edge sensors and the growing acceptance of IoT and AI-based crop monitoring devices are key drivers of the market's expansion. Additionally, the connected environment and the ability for remote monitoring have led to a higher adoption of these devices. Because of advancements in the field of sensors and their accessibility, the usage of smart sensors is spreading throughout the agriculture industry.

1. Executive Summary
2. Global Crop Monitoring Market Introduction
2.1. Global Crop Monitoring Market Taxonomy
2.2. Global Crop Monitoring Market Definitions
2.2.1. By Component
2.2.2. By Application
2.2.3. By Technology
2.2.4. By Region
3. Global Crop Monitoring Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Crop Monitoring Market Dynamic Factors - Impact Analysis
3.6. Global Crop Monitoring Market Competition Landscape
4. Global Crop Monitoring Market Analysis,2018-2022 and Forecast, 2023-2029
4.1. Market Analysis,2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Crop Monitoring Market, By Component, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.1. Hardware
5.1.1. Intelligent Sensors
5.1.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. Transmitter/Receiver Units
5.1.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.1.3. Consoles and Displays
5.1.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3.3. Market Opportunity Analysis
5.1.4. Others
5.1.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.4.3. Market Opportunity Analysis
5.2. Software/Mobile Applications
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Services
5.3.1. Consulting Services
5.3.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.3.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.1.3. Market Opportunity Analysis
5.3.2. Integration and Deployment Services
5.3.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.3.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.2.3. Market Opportunity Analysis
5.3.3. Support
5.3.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.3.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3.3. Market Opportunity Analysis
6. Global Crop Monitoring Market Forecast, By Application, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.1. Field Mapping
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Crop Scouting
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Soil Monitoring
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Yield Monitoring
6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Variable Rate Applications
6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Weather Monitoring and Forecasting
6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Others
6.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
7. Global Crop Monitoring Market, By Technology, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.1. Sensing & Imagery
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. VRT
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Crop Monitoring Market Forecast, By Region, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Crop Monitoring Market - Opportunity Analysis Index, By Component, Application, Technology, and Region, 2023-2029
9. North America Crop Monitoring Market Analysis,2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
9.1. By Component Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Hardware
9.1.1.1. Intelligent Sensors
9.1.1.2. Transmitter/Receiver Units
9.1.1.3. Consoles and Displays
9.1.1.4. Others
9.1.2. Software/Mobile Applications
9.1.3. Services
9.1.3.1. Consulting Services
9.1.3.2. Integration and Deployment Services
9.1.3.3. Support
9.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Field Mapping
9.2.2. Crop Scouting
9.2.3. Soil Monitoring
9.2.4. Yield Monitoring
9.2.5. Variable Rate Applications
9.2.6. Weather Monitoring and Forecasting
9.2.7. Others
9.3. Technology Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Sensing & Imagery
9.3.2. VRT
9.4. Country Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Crop Monitoring Market - Opportunity Analysis Index, By  Component, Application, Technology, and Country, 2023-2029
9.6. North America Crop Monitoring Market Dynamics Trends
10. Europe Crop Monitoring Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
10.1. By Component Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Hardware
10.1.1.1. Intelligent Sensors
10.1.1.2. Transmitter/Receiver Units
10.1.1.3. Consoles and Displays
10.1.1.4. Others
10.1.2. Software/Mobile Applications
10.1.3. Services
10.1.3.1. Consulting Services
10.1.3.2. Integration and Deployment Services
10.1.3.3. Support
10.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Field Mapping
10.2.2. Crop Scouting
10.2.3. Soil Monitoring
10.2.4. Yield Monitoring
10.2.5. Variable Rate Applications
10.2.6. Weather Monitoring and Forecasting
10.2.7. Others
10.3. Technology Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Sensing & Imagery
10.3.2. VRT
10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Crop Monitoring Market - Opportunity Analysis Index, By  Component, Application, Technology, and Country, 2023-2029
10.6. Europe Crop Monitoring Market Dynamics Trends
11. Asia-Pacific Crop Monitoring Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
11.1. By Component Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Hardware
11.1.1.1. Intelligent Sensors
11.1.1.2. Transmitter/Receiver Units
11.1.1.3. Consoles and Displays
11.1.1.4. Others
11.1.2. Software/Mobile Applications
11.1.3. Services
11.1.3.1. Consulting Services
11.1.3.2. Integration and Deployment Services
11.1.3.3. Support
11.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Field Mapping
11.2.2. Crop Scouting
11.2.3. Soil Monitoring
11.2.4. Yield Monitoring
11.2.5. Variable Rate Applications
11.2.6. Weather Monitoring and Forecasting
11.2.7. Others
11.3. Technology Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Sensing & Imagery
11.3.2. VRT
11.4. Country Analysis2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Crop Monitoring Market - Opportunity Analysis Index, By  Component, Application, Technology, and Country, 2023-2029
11.6. Asia-Pacific Crop Monitoring Market Dynamics Trends
12. Latin America Crop Monitoring Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
12.1. By Component Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Hardware
12.1.1.1. Intelligent Sensors
12.1.1.2. Transmitter/Receiver Units
12.1.1.3. Consoles and Displays
12.1.1.4. Others
12.1.2. Software/Mobile Applications
12.1.3. Services
12.1.3.1. Consulting Services
12.1.3.2. Integration and Deployment Services
12.1.3.3. Support
12.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Field Mapping
12.2.2. Crop Scouting
12.2.3. Soil Monitoring
12.2.4. Yield Monitoring
12.2.5. Variable Rate Applications
12.2.6. Weather Monitoring and Forecasting
12.2.7. Others
12.3. Technology Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Sensing & Imagery
12.3.2. VRT
12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Crop Monitoring Market - Opportunity Analysis Index, By  Component, Application, Technology, and Country, 2023-2029
12.6. Latin America Crop Monitoring Market Dynamics Trends
13. Middle East and Africa Crop Monitoring Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
13.1. By Component Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Hardware
13.1.1.1. Intelligent Sensors
13.1.1.2. Transmitter/Receiver Units
13.1.1.3. Consoles and Displays
13.1.1.4. Others
13.1.2. Software/Mobile Applications
13.1.3. Services
13.1.3.1. Consulting Services
13.1.3.2. Integration and Deployment Services
13.1.3.3. Support
13.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Field Mapping
13.2.2. Crop Scouting
13.2.3. Soil Monitoring
13.2.4. Yield Monitoring
13.2.5. Variable Rate Applications
13.2.6. Weather Monitoring and Forecasting
13.2.7. Others
13.3. Technology Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Sensing & Imagery
13.3.2. VRT
13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Crop Monitoring Market - Opportunity Analysis Index, By  Component, Application, Technology, and Country, 2023-2029
13.6. MEA Crop Monitoring Market Dynamics Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. AGCO Corporation
14.2.2. AgLeader
14.2.3. Cropio
14.2.4. CropX Technologies
14.2.5. Earth Observing System
14.2.6. PrecisionHawk
14.2.7. Raven Industries, Inc.
14.2.8. Taranis
14.2.9. The Climate Corporation
14.2.10. Topcon Corporation
14.2.11. Trimble
14.2.12. Yara International
15. Research Methodology
16. Key Assumptions and Acronyms
  • AGCO Corporation
  • AgLeader
  • Cropio
  • CropX Technologies
  • Earth Observing System
  • PrecisionHawk
  • Raven Industries, Inc.
  • Taranis
  • The Climate Corporation
  • Topcon Corporation
  • Trimble
  • Yara International

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