Key Influencer in the Smart Crop Monitoring Market 2025: Rising Food Demand Fuels Growth Of Smart Crop Monitoring Market Driver

What Is the Forecasted Market Size and Growth Rate for the Smart Crop Monitoring Market?
In recent times, the size of the smart crop monitoring market has expanded swiftly. It's projected to surge from $3.47 billion in 2024 to $4.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 18.4%. This substantial growth during the historical period can be associated with factors such as heightened demand for maximum crop yield, growing worldwide populace, a notable surge in the adoption of IOT technology, increasing necessity for sustainable farming practices, and heightened regulatory pressures.

The market size of smart crop monitoring is set to surge in the coming years, reaching $7.97 billion by 2029 with a compound annual growth rate (CAGR) of 18.1%. The future growth is linked to the emergence of automated irrigation systems, the rise in popularity of farm-to-table initiatives, enhancements in agricultural cooperation and alliances, an increasing emphasis on minimizing supply chain waste, and substantial advancements in real-time weather prediction. Key trends for the forecast period comprise technological progress, controlled environment farming, regenerative agriculture, soil health tracking, and connectivity technologies.

What Factors Are Propelling the Expansion of the Smart Crop Monitoring Market?
The continual need for food is anticipated to drive the expansion of the smart crop monitoring market. This need is amplified by the surging global population and escalating incomes, resulting in increased consumption of varied food items. The utilization of smart crop monitoring in food production intensifies efficiency by offering live data about the health of the crop, soil parameters, meteorological conditions and the usage of resources. This enables farmers to make well-informed choices concerning irrigation, fertilization and pest management, thereby optimizing produce, decreasing resource depletion and enhancing the quality of the food produced. For example, in April 2024, as per a study released by the United States Department of Agriculture, a U.S. governmental agency, the agriculture, food, and related industries approximately contributed to $1.530 trillion of the U.S. gross domestic product (GDP) in 2023, making up roughly 5.6% of the total. Out of this, U.S. farms generated about $203.5 billion, nearly 0.7% of the GDP. Hence, the continuing demand for food is propelling the smart crop monitoring market.

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Which Businesses Are at the Forefront of Smart Crop Monitoring Market Development?
Major companies operating in the smart crop monitoring market are Microsoft Corporation, Robert Bosch GmbH, Airbus SE, International Business Machines Corporation, Deere & Company, Yara International, CNH Industrial N.V., KUBOTA Corporation, AGCO Corporation, CLAAS Group, Trimble Inc., SZ DJI Technology Co. Ltd., Raven Industries Inc., Climate LLC, Solinftec, Semios, Taranis, Prospera Technologies, AGRIVI, S4 AgTech, Small Robot Company

What Are the Emerging Trends in the Smart Crop Monitoring Industry?
Key businesses within the smart crop monitoring market are concentrating on technological advances like AI-powered sensing technologies to establish a competitive edge. These technologies synergize artificial intelligence with sophisticated sensors for real-time detection, analysis, and interpretation of physical environment data. For example, in April 2023, GeoPard Agriculture, a climate data and analytics firm from Germany, unveiled a cutting-edge analytics platform custom-designed for farmers and dealers leveraging John Deere technology. This platform includes capabilities such as field mapping, variable rate application (VRA) maps, scouting utilities, and data integration features, with the overarching goal of assisting farmers in refining their operations and making informed, data-driven decisions for heightened productivity and profitability. GeoPard's analytics gateway enhances myjohndeere's operations center by incorporating yield, soil, topography, and satellite image analytics to provide users with a detailed overview of their agricultural activities.

How Is the Smart Crop Monitoring Market Segmented?
The smart crop monitoring market covered in this report is segmented -

1) By Type: Hardware; Software; Services
2) By Technology: Sensing And Imagery; Variable-Rate Technology (VRT); Guidance Technology; Automation And Robotics
3) By Applications: Soil Monitoring; Weather Forecasting; Yield Monitoring; Crop Protection; Other Applications

Subsegments:
1) By Hardware: Sensors; Drones And UAVs (Unmanned Aerial Vehicles); IoT Devices For Agriculture; Cameras And Imaging Systems
2) By Software: Crop Management Software; Data Analytics and Visualization Tools; Mobile Applications for Field Monitoring; Remote Sensing Software
3) By Services: Consulting and Advisory Services; Data Collection and Analysis Services; Training And Support Services; Customization And Integration Services

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Where Is the Smart Crop Monitoring Market Growth Most Prominent?
North America was the largest region in the smart crop monitoring market in 2024. The regions covered in the smart crop monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Smart Crop Monitoring Global Market Report?

- Market Size Analysis: Analyze the smart crop monitoring Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the smart crop monitoring Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall smart crop monitoring market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the smart crop monitoring market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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