Connected Agriculture Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities

The Connected Agriculture Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Connected Agriculture Market?
Rapid growth has been observed in recent years in the size of the connected agriculture market. It is projected to expand from $3.55 billion in 2024 to $4.11 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.8%. This growth during the historic period is due to factors such as rising global population, the need for sustainable agricultural practices, government efforts and subsidies, climate change and weather irregularities, globalization of agricultural markets, and improved connectivity infrastructure.

The market size for connected agriculture is predicted to experience significant expansion in the coming years. The market is projected to reach $7.64 billion by 2029, growing at a compound annual growth rate (CAGR) of 16.8%. The acceleration during the forecast period can be attributed to the emphasis on monitoring soil health, initiatives to narrow the digital gap, attention towards optimizing yield, activities for preserving the environment, and smart watering systems. Key trends anticipated during this period include the adoption of IoT technologies, precision agricultural practices, utilization of drones and UAVs, intelligent irrigation systems, farm management software, the rise of agri-tech startups, and the use of telematics for equipment monitoring.

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What Are the Different Connected Agriculture Market Segments?
The connected agriculture market covered in this report is segmented -

1) By Component: Solution, Platforms, Services
2) By Platform: Device Management, Application Enablement, Connectivity Management
3) By Application: Farm Planning And Management, Smart Logistics, Agriculture Finance, Smart Irrigation

Subsegments:
1) By Solution: Crop Management Solutions, Livestock Management Solutions, Soil Management Solutions
2) By Platforms: Cloud-Based Platforms, IoT Platforms, Data Analytics Platforms
3) By Services: Consulting Services, System Integration Services, Maintenance And Support Services

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What Are the Primary Drivers Shaping the Connected Agriculture Market?
The growth of the connected agriculture market is anticipated to be driven by the escalating demand for crops. In the agricultural setting, crops are plants or plant products that can be broadly cultivated and harvested for profit or nutritional requirements. Connectivity in agriculture optimizes crop yields from existing land by monitoring, evaluating, managing, and importantly, improving essential farming practices at all stages of the agricultural cycle. For instance, India has set a goal of 328 million tons for total food grain production for the years 2022-23, an increase from 316 million tons of total food grain production in 2021-22. As such, the rising demand for crops will fuel the progress of the connected agriculture market.

Which Companies Are Leading in the Connected Agriculture Market?
Major companies operating in the connected agriculture market are Cisco Systems Inc., IBM Corporation, SAP SE, Trimble Navigation Ltd., Vodafone PLC, Microsoft Corporation, American Telephone and Telegraph Inc., Deere & Company, Iteris Inc., Ag Leader Technology, Decisive Farming Corp., SWIIM System Ltd., Oracle Corporation, Fujitsu Limited, Hexagon AB, Raven Industries Inc., Topcon Corporation, AgJunction Inc., Agribotix LLC, CropX Inc., Granular Inc., PrecisionHawk Inc., The Climate Corporation, TerrAvion Inc., Descartes Labs Inc., Farmers Edge Inc., Mavrx Inc., Sentera Inc., Absolute Agronomy LLC, AgNext Technologies Private Limited, DeHaat, Cropin Technology Solutions, RML AgTech Pvt. Ltd.

What Are the Major Trends Shaping the Connected Agriculture Market?
Significant players in the connected agriculture sector are committed to developing and introducing advanced technologies, including agricultural robots, in order to deliver trustworthy services to their clients. These agricultural robots are uniquely designed for the farming sector, handling tasks such as harvesting, weed management, cloud seeding, seed planting, environmental observance, soil testing, and livestock supervision. These services help farmers to significantly boost their overall crop production. For instance, Solinftec, an agricultural tech company based in Brazil, launched an autonomous crop monitoring robot, Solix, in May 2022. Solix optimizes both efficiency and productivity by performing plant-by-plant operations. It aims to provide real-time field insights, thus serving as a linked farming platform. It operates on solar power and utilizes lithium-ion batteries for energy conservation. Solix features an onboard camera and sensors, coupled with AI technology for monitoring plant health as well as detecting pest damage and field changes.

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What Are the Top Revenue-Generating Geographies in the Connected Agriculture Market?
North America was the largest region in the connected agriculture market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the connected agriculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Connected Agriculture Market?
2. What is the CAGR expected in the Connected Agriculture Market?
3. What Are the Key Innovations Transforming the Connected Agriculture Industry?
4. Which Region Is Leading the Connected Agriculture Market?

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