Download Free Sample
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Digital Agriculture Market: By Infrastructure, By Technology, By Application and Geography
Digital Agriculture Market: By Infrastructure, By Technology, By Application and Geography
Digital Agriculture Market size was valued at US$ 18,920.0 million in 2023 and is poised to grow at a 10.4% CAGR from 2024 to 2030. Increased demand on farmers to produce more food and animal feed with fewer pesticides. Feeding the rising population is becoming difficult. The strain on agricultural production has increased. The usage of Internet of Things technology, along with precision agriculture software, will benefit the agricultural sector. There is a growing usage of digital agricultural equipment to track crop progress using sensors that record soil condition and temperature in the fields. Farmers use these programs to determine the best climate for crop growth. Following the epidemic, farming, like all other industries, is turning to digital platforms. There is a rise in investments and innovations in digital agriculture. The growing reliance on digital technology is helping to improve the lives of farmers across the world.
Study Period
2024-2030Base Year
2023CAGR
10.4%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
The growing understanding of the advantages of digital agriculture in optimizing agricultural productivity has resulted in a significant rise in the agriculture business. Growing worries about food security and nutrition are expected to create numerous chances for the business to grow. Countries should develop strategic precision farming policies to encourage farmers to use relevant technologies.
Technological improvements and innovations are key drivers of the digital agriculture market, assisting farmers in maximizing production while minimizing losses through efficient resource usage. As a result, the increased requirement to fulfil the demands of a growing population, along with the restricted scarcity of natural resources, is expected to drive the global market for digital farming over the forecast period.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Asia-Pacific is the fastest expanding market. In recent years, the Chinese agricultural sector has experienced a game-changing transformation in the adoption of smart farming technologies. Although sensor-based technologies such as Internet of Things (IoT) cellular devices, gear tooth sensor-based irrigation and fertilization equipment, and valve position sensors, among others, are relatively new in the domain, the country has seen a surge in demand for sensors, owing to farmers' increased mechanization and adoption of smart agricultural practices. Similarly, the growing necessity for digitalization in Indian agriculture is well acknowledged, with attempts underway to digitize the existing value chain. demand for supplements in the form of powder, gummies, and beverages that are easy to ingest.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 18,920.0 million |
|
Market CAGR |
10.4% |
|
By Infrastructure |
|
|
By Technology |
|
|
By Application |
|
Download Free Sample Report
The Digital Agriculture Market was valued at US$ 18,920.0 million in 2023 and is projected to reach US$ 37,712.7 million by 2030, growing at a CAGR of 10.4%.
The growing understanding of the advantages of digital agriculture in optimizing agricultural productivity has resulted in a significant rise in the agriculture business.
Growing worries about food security and nutrition are expected to create numerous chances for the business to grow.
Market research is segmented infrastructure, technology, application, and region.
Asia-Pacific is estimated to dominate with the highest CAGR over the forecast period.
| 1.Executive Summary |
| 2.Global Digital Agriculture Market Introduction |
| 2.1.Global Digital Agriculture Market - Taxonomy |
| 2.2.Global Digital Agriculture Market - Definitions |
| 2.2.1.Infrastructure |
| 2.2.2.Application |
| 2.2.3.Technology |
| 2.2.4.Region |
| 3.Global Digital Agriculture Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Digital Agriculture Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Digital Agriculture Market By Infrastructure, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Sensing & Monitoring |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Communication Technology |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Cloud & Data Processing |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Digital Agriculture Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. AI/ML |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. IoT |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Blockchain |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Data & Analytics |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global Digital Agriculture Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Yield Monitoring and Mapping |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Smart Crop Monitoring |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Soil & Fertilizer Management |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Weather Forecasting |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Digital Agriculture Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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 (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Infrastructure Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Sensing & Monitoring |
| 9.1.2.Communication Technology |
| 9.1.3.Cloud & Data Processing |
| 9.1.4.Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.AI/ML |
| 9.2.2.IoT |
| 9.2.3.Blockchain |
| 9.2.4.Data & Analytics |
| 9.2.5.Others |
| 9.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Yield Monitoring and Mapping |
| 9.3.2.Smart Crop Monitoring |
| 9.3.3.Soil & Fertilizer Management |
| 9.3.4.Weather Forecasting |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Infrastructure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Sensing & Monitoring |
| 10.1.2.Communication Technology |
| 10.1.3.Cloud & Data Processing |
| 10.1.4.Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.AI/ML |
| 10.2.2.IoT |
| 10.2.3.Blockchain |
| 10.2.4.Data & Analytics |
| 10.2.5.Others |
| 10.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Yield Monitoring and Mapping |
| 10.3.2.Smart Crop Monitoring |
| 10.3.3.Soil & Fertilizer Management |
| 10.3.4.Weather Forecasting |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Infrastructure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Sensing & Monitoring |
| 11.1.2.Communication Technology |
| 11.1.3.Cloud & Data Processing |
| 11.1.4.Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.AI/ML |
| 11.2.2.IoT |
| 11.2.3.Blockchain |
| 11.2.4.Data & Analytics |
| 11.2.5.Others |
| 11.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Yield Monitoring and Mapping |
| 11.3.2.Smart Crop Monitoring |
| 11.3.3.Soil & Fertilizer Management |
| 11.3.4.Weather Forecasting |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Infrastructure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Sensing & Monitoring |
| 12.1.2.Communication Technology |
| 12.1.3.Cloud & Data Processing |
| 12.1.4.Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.AI/ML |
| 12.2.2.IoT |
| 12.2.3.Blockchain |
| 12.2.4.Data & Analytics |
| 12.2.5.Others |
| 12.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Yield Monitoring and Mapping |
| 12.3.2.Smart Crop Monitoring |
| 12.3.3.Soil & Fertilizer Management |
| 12.3.4.Weather Forecasting |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Digital Agriculture Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Infrastructure Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Sensing & Monitoring |
| 13.1.2.Communication Technology |
| 13.1.3.Cloud & Data Processing |
| 13.1.4.Others |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.AI/ML |
| 13.2.2.IoT |
| 13.2.3.Blockchain |
| 13.2.4.Data & Analytics |
| 13.2.5.Others |
| 13.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Yield Monitoring and Mapping |
| 13.3.2.Smart Crop Monitoring |
| 13.3.3.Soil & Fertilizer Management |
| 13.3.4.Weather Forecasting |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Kubota Corporation |
| 14.2.2.Agjunction Inc |
| 14.2.3.AGCO Corporation |
| 14.2.4.Deere & Company |
| 14.2.5.Hexagon AB |
| 14.2.6.Trimble |
| 14.2.7.IBM Corporation |
| 14.2.8.Raven Industries |
| 14.2.9.Topcon Positioning Systems |
| 14.2.10.Gamaya SA |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.