United States Agriculture Technology-as-a-Service Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The Global Agriculture Technology-as-a-Service Market reached US$ 2.6 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 12.3 billion by 2031. The market is growing at a CAGR of 21.5% 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 expansion aims to enhance sustainable agriculture practices and integrate advanced technologies into farming operations.

✅ August 2025: Granite Creek Capital Partners invested $50 million in Seedbox Solutions, a company offering reusable seed boxes to Midwest farmers. This investment supports the adoption of smart-box technology to monitor seed storage conditions, promoting efficiency in farming practices.

✅ April 2025: Bonsai Robotics raised $15 million in a Series A funding round to develop autonomous machines for harvesting tree crops like almonds. This initiative addresses labor shortages and aims to reduce operating costs in orchard farming.

Japan

✅ September 2025: Japan's Ministry of Agriculture, Forestry and Fisheries requested funds to modernize farming with technology, aiming to avert a prolonged rice shortage crisis. This initiative focuses on enhancing agricultural productivity through technological advancements.

✅ July 2025: Japan introduced AI and robotics to transform agriculture, addressing challenges like labor shortages and natural disasters. This initiative aims to make agriculture a sustainable source of food through technological innovation.

✅ June 2025: Japan's Ministry of Agriculture, Forestry and Fisheries released guidelines to drive technological innovation in domestic vegetable farming, aiming to meet rising demand and enhance sustainability in agriculture.

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Agriculture Technology-as-a-Service (Agri TaaS) delivers digital and automated farming solutions-including precision farming tools, drones, robotics, and data analytics-on a subscription or pay-per-use basis. It enables farmers to access advanced technologies without heavy upfront investment, improving efficiency, crop yield, sustainability, and decision-making.

Recent Mergers and Acquisitions :

United States

✅ April 2025: Yamaha Motors acquired Robotics Plus and rebranded the operation as Yamaha Agriculture. This strategic move aims to enhance Yamaha's capabilities in agricultural robotics, focusing on automation and precision farming technologies.

✅ March 2025: A leading U.S. food manufacturer acquired a vertically integrated indoor farming operation specializing in leafy greens. This acquisition reflects the growing trend of food companies investing in sustainable and technology-driven agriculture solutions.

✅ February 2025: Granite Creek Capital Partners invested $50 million in Seedbox Solutions, a company offering reusable seed boxes to Midwest farmers. This investment supports the adoption of smart-box technology to monitor seed storage conditions, promoting efficiency in farming practices.

Key Players:

=> 365FarmNet GmbH, AGCO Corporation, Agrivi, IBM Corporation, Airbus SE, AT&T Inc., Degree & Company, Hexagon Agriculture, Topocon Corporation

Growth Forecast Projected:

The Global Agriculture Technology-as-a-Service 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 Agriculture Technology-as-a-Service 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 Service Type: Software-as-a-Service, Equipment-as-a-Service

➥ By Technology: Data Analytics and Intelligence, Guidance Technology, Sensing Technology, Variable Rate Technology, Others

➥ By Application: Yield Mapping & Monitoring, Soil Management, Crop Health Management, Navigation and Positioning, Others

Regional Analysis for Agriculture Technology-as-a-Service 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 Agriculture Technology-as-a-Service 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 Agriculture Technology-as-a-Service 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 Agriculture Technology-as-a-Service Market?

A: In 2022, the Agriculture Technology-as-a-Service Market was valued at US$ 2.6 billion, reflecting its strong industry presence.

Q2: How large is the Agriculture Technology-as-a-Service Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Agriculture Technology-as-a-Service Market will grow to around US$ 12.3 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Agriculture Technology-as-a-Service Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 21.5% during the forecast period from 2024 to 2031.

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