United States Smart Farming Market 2025 | Growth Drivers, Market Forecast, Competitive Landscape & Business Opportunities

Market Size and Growth

Global Smart Farming Market reached US$ 11.12 billion in 2022 and is expected to reach US$ 22.45 billion by 2031, growing with a CAGR of 9.1% during the forecast period 2024-2031.

Key Development:

United States:

✅ September 2025: Sensei Farms, co-founded by Larry Ellison, acquired a 25-acre site in Lockhart, Texas, including a 283,000 sq. ft. greenhouse. This move aims to expand their sustainable agriculture operations, complementing existing facilities in Hawaii and Canada.

✅ July 2025: Bonsai Robotics secured $15 million in Series A funding to develop autonomous machines for harvesting tree crops like almonds. The technology addresses farm labor shortages and aims to reduce operating costs.

✅ June 2025: The USDA's Partnerships for Climate-Smart Commodities initiative announced pilot projects to support the production and marketing of climate-smart commodities, leveraging smart farming technologies to enhance sustainability.

Japan:

✅ June 2025: Japan's Ministry of Agriculture, Forestry and Fisheries released the Basic Guidelines for Agricultural Technology, emphasizing the adoption of smart farming technologies to meet rising domestic vegetable demand.

✅ April 2025: The Japanese government introduced the Smart Agriculture Demonstration Project, providing financial incentives and fostering public-private partnerships to accelerate the adoption of AI, robotics, and IoT in farming.

✅ March 2025: Japan's agricultural robotics market was projected to reach $2.5 billion by 2025, driven by advancements in precision farming and labor-saving technologies.

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Smart Farming refers to the integration of digital technologies, IoT devices, sensors, and data analytics into agricultural practices to optimize crop production, resource use, and farm management. It enables precision agriculture, predictive insights, automated irrigation, and sustainable farming, improving efficiency, yield, and environmental sustainability.

Recent Mergers and Acquisitions :

United States:

✅ July 2025: A leading U.S. food manufacturer acquired a vertically integrated indoor farming operation focused on leafy greens and microgreens, strengthening its fresh produce sourcing in urban markets.

✅ June 2025: A global commodities trader took a minority stake in an AI-powered crop yield forecasting platform to enhance futures pricing and sourcing intelligence.

✅ July 2025: AGCO Corporation announced strategic mergers within its North American distribution network, including Allegiance Ag & Turf merging with True Ag & Turf, and Service Agricole uniting with Equipements Guillet in Quebec, enhancing service and support for farmers.

Australia:

✅ June 2025: Australia's ag-tech sector received $253 million in investments, showcasing resilience and innovation in smart farming technologies.

✅ May 2025: Companies like Loam Bio and Arugga AI Farming introduced microbial spore supplements for soil carbon capture and robotic pollinators, respectively, highlighting Australia's leadership in agricultural innovation.

✅ April 2025: Major asset managers and venture capitalists increased their investments in Australia's ag-tech sector, aiming to capitalize on the country's advancements in sustainable agriculture.

Japan:

Key Players:

=> XAG, Ag Leader Technology, Inc., AgJunction Inc., Deere & Company, Afimilk Agricultural Cooperative Ltd., DeLaval, AKVA Group, Aquabyte Inc., BouMatic LLC, and InnovaSea Systems, Inc.

Growth Forecast Projected:

The Global Smart Farming Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Smart Farming Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Agriculture Type: Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse, Others

➥ By Offering: Hardware, Monitors, Controllers, Sensors, Software, Web Based, Cloud Based, Service, System Integration and Consulting, Support and Maintenance, Connectivity Services, Managed Services, Professional Services

➥ By Solution: Network Management, Agriculture Asset Management, Smart Water Management, Logistics and Supply Chain Management, Others

➥ By Farm Size: Small Farms, Medium Farms, Large Farms

➥ By Distribution Channel: Company Stores, E-Commerce, Specialty Stores, Others

➥ By Application: Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Feeding Management, Milk Harvesting, Fish Tracking, Others

➥ By End-User: Livestock, Agriculture, Aquaculture

Regional Analysis for Smart Farming Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Smart Farming producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Smart Farming revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Smart Farming Market?

A: In 2022, the Smart Farming Market was valued at US$ 11.12 billion , reflecting its strong industry presence.

Q2: How large is the Smart Farming Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Smart Farming Market will grow to around US$ 22.45 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Smart Farming Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 9.1% during the forecast period from 2024 to 2031.

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