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Internet of Things (IoT) Agriculture Market Set to Grow to $25.58 Billion by 2030

07-01-2024 11:14 AM CET | IT, New Media & Software

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Internet of Things (IoT) Agriculture Market

Internet of Things (IoT) Agriculture Market

๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก (๐‚๐€๐†๐‘):

Internet of Things (IoT) Agriculture Market was valued at USD 13.73 Billion in 2023, and it is expected to reach USD 25.58 Billion by 2030, exhibiting a CAGR of 9.29 % during the forecast period (2024-2030)

๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐จ๐ซ ๐ƒ๐ž๐œ๐ซ๐ž๐š๐ฌ๐ž ๐Ÿ๐จ๐ซ ๐ฐ๐ก๐š๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ??

The competitive landscape in the agricultural IoT sector is expanding, with vendors such as DeLaval, Crop Metrics, Raven Industries, AeroFarms, and SmartCultiva Corporation leading the charge. These companies provide diverse, cost-effective IoT solutions that cater to the growing global demand for smart farming technologies.

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

The increasing global population and food consumption, coupled with the challenges posed by climate change and diminishing arable land, underscore the need for sustainable agricultural practices. IoT technologies are pivotal in addressing these issues by enabling faster, more efficient food production. Smart farming practices facilitated by IoT can significantly mitigate the adverse effects of climate change on agriculture.

Governments worldwide are actively promoting precision farming through various initiatives. For instance, China's use of Gaofen satellites, 5G networks, and the Badious Navigation Satellite System (BDS) highlights its commitment to precision agriculture. Similarly, Japan's Central Government has revised policies to encourage research and product development in smart farming technologies, including legislation for UAV operations over farms. Greece's Digital Transformation of Greek Agriculture initiative exemplifies efforts to standardize farming practices and leverage data analytics for improved agricultural outcomes.

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ

The high initial cost of IoT equipment remains a significant barrier to widespread adoption, particularly among small-scale and less affluent farmers. Precision farming requires substantial investments in automated machinery, sensors, GPS-enabled systems, and other advanced technologies. Additionally, the lack of standardized data management practices poses a challenge, as the vast amount of information generated needs to be accurately processed and utilized for effective farm management.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ

The adoption of cutting-edge IoT technologies, such as agricultural drones, is a notable trend driving market growth. Drones offer superior observation capabilities, aiding in field monitoring, soil assessment, irrigation management, and harvest planning. The integration of drones with sensors, cameras, and analytical tools enhances the precision and efficiency of farming activities.

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/700/

๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

IoT in agriculture integrates advanced technologies like drones, robots, sensors, and computer imaging with analytical tools to monitor and gain insights into farm operations. This technological convergence offers farmers the ability to track data in real-time, enhancing their decision-making process and optimizing agricultural practices.

๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ

The Internet of Things (IoT) Agriculture market report offers a deep dive into the latest trends in sub-segments, revealing insights into revenue growth at local, regional, and global scales. current trends within sub-segments, shedding light on revenue growth at local, regional, and global levels. The report provides an inclusive view of the Internet of Things (IoT) Agriculture, it synthesizes qualitative and quantitative data. A full analysis of regional and sector-specific markets, including factors driving growth, limitations, potential opportunities, and obstacles, is essential for investors. Maximize Market Research Pvt Ltd has implemented a comprehensive research methodology to ensure the accuracy and reliability of the Internet of Things (IoT) Agriculture Market Report.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ (๐“๐จ ๐”๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐’๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ [๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ + ๐“๐Ž๐‚]) : https://www.maximizemarketresearch.com/request-sample/700/

๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ

Automation and control systems
Sensing and monitoring devices
Livestock monitoring Hardware
Fish farming hardware
Smart greenhouse hardware
Software

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Precision farming
Livestock monitoring
Smart greenhouse
Fish farm monitoring

By application, precision farming is expected to account for more than 35% of the total market share by 2023. Precision farming's market share is increasing due to the integration of IoT in precision imaging for soil, water, and weather monitoring, as well as real-time data collection about the health of the equipment and farm's condition using drone sensors, controllers, and other devices. Precision farming seeks to examine data generated by sensors and respond appropriately. Precision farming, which uses sensors, allows farmers to collect data, analyze it, and make quick, informed decisions. Numerous precision agricultural approaches, such as livestock management, vehicle tracking, and irrigation management, all help to increase productivity and effectiveness.

๐›๐ฒ ๐…๐š๐ซ๐ฆ ๐“๐ฒ๐ฉ๐ž

Large
Mid-Sized
Small Farms

๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Deere & Company
2. Trimble, Inc.
3. Leica Geosystems
4. Raven Industries
5. AG Junction, Inc.
6. Agco Corporation
7. Precision Planting Inc.
8. The Climate Corporation
9. DeLaval
10.GEA Farm Technology
11.Lely
12.Antelliq
13.AG Leader Technology
14.Tigercat
15.Ponsse
16.Komatsu Forest AB
17.DICKEY-john Corporation
18.Hitachi, Ltd
19.Telit
20.Decisive Farming
21.OnFarm Systems Inc.
22.Farmers Edge Inc.
23.SlantRange, Inc.
24.SmartCultiva Corporation

๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ: ๐–๐ก๐จ'๐ฌ ๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ข๐ง๐  ๐ญ๐ก๐ž ๐‡๐ข๐ ๐ก๐ž๐ฌ๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก??

North America dominated the IoT agriculture market in 2023, holding a 42.12% market share. The region's growth is supported by government initiatives like the North America Climate Smart Agriculture Alliance (NACSAA) and subsidies for smart irrigation technologies.

The Asia-Pacific region is expected to exhibit the highest growth rate through 2030. Government support and increasing awareness among farmers about the benefits of smart farming are driving demand in countries like Japan and Singapore.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

Leading companies in the IoT agriculture market are innovating and expanding their offerings. For example, Semtech Corporation announced the integration of its long-range devices with ICT International's water quality monitoring system, enhancing environmental IoT applications. Farmer Charlie and Kacific Broadband Satellite Ltd. are collaborating to provide satellite-powered agricultural data services to smallholder farmers in Southeast Asia and the Pacific.

๐‚๐ก๐ž๐œ๐ค ๐Ž๐ฎ๐ญ ๐š ๐๐ซ๐ข๐ž๐Ÿ ๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/market-report/global-internet-of-things-iot-agriculture-market/700/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is Internet of Things (IoT) Agriculture?
What was the Internet of Things (IoT) Agriculture market size in 2023?
What is the growth rate of the Internet of Things (IoT) Agriculture Market?
Who are the key players in the Internet of Things (IoT) Agriculture market?
Who are the leading companies and what are their portfolios in Internet of Things (IoT) Agriculture Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Internet of Things (IoT) Agriculture Market?
Which are the factors expected to drive the Internet of Things (IoT) Agriculture market growth?
What are the different segments of the Internet of Things (IoT) Agriculture Market?
What growth strategies are the players considering to increase their presence in Internet of Things (IoT) Agriculture?
What are the upcoming industry applications and trends for the Internet of Things (IoT) Agriculture Market?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by Different Segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
๐‹๐จ๐จ๐ค ๐“๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐Ž๐ฎ๐ซ ๐Œ๐จ๐ฌ๐ญ ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Global Pulmonary Drugs Market https://www.maximizemarketresearch.com/market-report/global-pulmonary-drugs-market/37939/

โ™ฆ Global Mouth Ulcers Treatment Market https://www.maximizemarketresearch.com/market-report/global-mouth-ulcers-treatment-market/39144/

โ™ฆ Europe Diagnostic Imaging Market https://www.maximizemarketresearch.com/market-report/europe-diagnostic-imaging-market/10360/

โ™ฆ Europe Medical Sensor Market https://www.maximizemarketresearch.com/market-report/europe-medical-sensor-market/3963/

โ™ฆ Global Ambiance Lighting Market https://www.maximizemarketresearch.com/market-report/global-ambient-lighting-market/63110/

โ™ฆ Global Machine Safeguarding Solution Market https://www.maximizemarketresearch.com/market-report/global-machine-safeguarding-solution-market/31773/

โ™ฆ Global Neem Extracts Market https://www.maximizemarketresearch.com/market-report/global-neem-extracts-market/26059/

โ™ฆ Global Silicone Adhesives Market https://www.maximizemarketresearch.com/market-report/silicone-adhesives-market/512/

โ™ฆ Global Surface Protection Films Market https://www.maximizemarketresearch.com/market-report/global-surface-protection-films-market/27341/

โ™ฆ Global Polyethylene Furanoate (PEF) Market https://www.maximizemarketresearch.com/market-report/global-polyethylene-furanoate-pef-market/69969/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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More Releases for IoT

2025 IoT Solutions World Congress Highlights IoT Innovations
Barcelona, Spain - The 2025 IoT Solutions World Congress, held May 13-15 in Barcelona, concluded successfully, reinforcing its role as a leading platform for IoT advancements. The event attracted global industry leaders to explore technologies like Industrial router [https://www.waveteliot.com/] switches, industrial cellular routers, and industrial 5G routers. Image: https://www.abnewswire.com/upload/2025/10/926ea6e064576338c31876d9971814c3.jpg Event HighlightsIndustry Solutions Awards The awards honored transformative solutions, spotlighting innovations in industrial 4G/LTE routers and mobile router industrial applications. STEM Women Congress A dedicated dayโ€ฆ
IOT Adoption Drives IoT insurance Market Growth: Pivotal Factor Influencing IoT โ€ฆ
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. IoT Insurance Market Size Growth Forecast: What to Expect by 2025? The market size of Internet of Things (IoT) insurance has seen an explosive growth in the past few years. It is projected to rise from $100.02 billion in 2024 to a staggering $153.89 billion in 2025, experiencing a compound annual growth rate (CAGR)โ€ฆ
Narrowband IoT (NB-IoT) Market Advancements in NB-IoT Connectivity Management Pl โ€ฆ
Numerous factor such as due to rapid development in IoT industry and rising demand of new cellular communication technology which are integrated to IoT low power wide area applications drives the growth of the market globally. moreover, increasing demand for navigation, telematics and in-car infotainment services in automotive & transportation industry is fueling the market of NB-IoT globally. However, licensing costs of NB-IoT are hindering the growth of narrowband-โ€ฆ
IoT Edge Computing Software Market 2023 | SAS, IBM, EdgeIQ, AWS, Azure IoT Edge, โ€ฆ
Market Overview - The information made available in the IoT Edge Computing Software report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work, in-depth interviewing, orโ€ฆ
IoT Cloud Market Next Big Thing | Major Giants Oracle, AWS IOT, IBM Watson IoT, โ€ฆ
COVID-19 Outbreak-Global IoT Cloud Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the COVID-19 Outbreak-Global IoT Cloud Market. Some of the key players profiledโ€ฆ
Blockchain In IOT Market Business Growth Statistics And Key Players Insights Blo โ€ฆ
Research N Report has released a new report on the โ€œglobal Blockchain in IOT Marketโ€. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every side of the market. "Blockchain in Internetโ€ฆ