Competitive Landscape: Leading Companies and New Entrants in the Agtech Market

The AgTech industry is set to experience significant expansion in the coming years, driven by rapid technological advancements and increasing adoption of innovative farming techniques. As agriculture continues to evolve with the integration of cutting-edge tools, the market is positioned for substantial growth and transformative changes that will impact global food production and sustainability efforts.

Projected Market Value and Growth Trajectory of the AgTech Market
The AgTech market is anticipated to grow swiftly, reaching a valuation of $53.83 billion by 2030, with a strong compound annual growth rate (CAGR) of 15.6%. This surge is largely fueled by a shift towards autonomous farming systems, broader use of artificial intelligence (AI) and machine learning (ML) technologies, increased deployment of robotics in agricultural fieldwork, growth in data-driven decision-making platforms, and the expanded application of biotechnology for crop enhancement. Key trends expected to influence this market include advancements in autonomous robotic systems, breakthroughs in satellite imaging and remote sensing technologies, innovations in smart greenhouse automation, ongoing research in biological inputs, and improvements in ML-based yield prediction models.

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Top Companies Shaping the AgTech Market Landscape
The AgTech market landscape features several prominent players, including Cargill Incorporated, Archer-Daniels-Midland Company, BASF SE, Marubeni Corporation, Deere & Company, Bayer AG, Olam Group Limited, Trimble Inc., Nutrien Ltd., AgroStar Agritech Pvt. Ltd., Topcon Corporation, Confluence Genetics, Bowery Farming Inc., Indigo Agriculture Inc., Koltiva AG, Semios Group, Ceres Imaging Inc., CropX Ltd., Syngenta Group AG, AGRIInject Inc., Traction Ag Inc., and LettUs Grow Ltd.
In a notable development in September 2026, Kubota North America Corporation, the US subsidiary of Kubota Corporation, acquired Bloomfield Robotics Inc., a US-based AgTech startup specializing in AI-driven image analysis and data analytics for specialty crop management. This acquisition aims to bolster Kubota's capabilities by integrating AI and image analysis technologies to optimize harvest timing and improve yield prediction services for specialty crops.

Emerging Trends Highlighting Innovation in the AgTech Market
Industry leaders in the AgTech sector are increasingly focused on developing climate-adaptive crops to tackle challenges related to global food security, environmental stress, and sustainable yield improvements. Climate-adaptive crop development involves the use of advanced biological techniques and data-driven methods to engineer crop varieties that can endure drought, heat, and other climate-related stresses while maintaining productivity and resilience.
An example of this innovation surfaced in May 2025 when Vlaams Instituut voor Biotechnologie, a Belgium-based non-profit life sciences research institute, launched Rainbow Crops, a next-generation AgTech spin-off. Rainbow Crops utilizes an integrated Trait Foundry platform that combines continuously trained AI models with multiplex genome editing, precision breeding, and automated phenotyping to enhance multiple agronomic traits simultaneously. This approach allows for creating crops optimized for drought tolerance, heat resilience, and efficient input use-traits traditionally challenging to improve through conventional breeding methods.

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Breakdown of Key Segments Driving Growth in the AgTech Market
The market segmentation of the 5G mmwave infrastructure relevant to AgTech includes:
1) Component types: Hardware, Software, and Services
2) Spectrum Bands: 24 GHz-29 GHz, 30 GHz-39 GHz, 40 GHz-52 GHz, and other spectrum bands
3) Deployment Modes: Indoor and Outdoor environments
4) Applications: Telecommunications, Automotive, Industrial, Healthcare, and other fields
5) End Users: Telecom Operators, Enterprises, Government entities, and others

Further subcategories within these segments are detailed as follows:
- Hardware includes antenna systems, radio units, baseband units, small cells, transceivers, power amplifiers, filters, and duplexers
- Software covers radio resource management software, network orchestration platforms, network management systems, element management systems, deployment automation software, and spectrum management software
- Services encompass installation and integration, network planning and design, maintenance and support, managed network services, consulting and advisory, site acquisition and survey, and testing and optimization services

This comprehensive segmentation highlights the multifaceted components and applications that collectively drive the growth and innovation within the AgTech market and its supporting technological infrastructure.

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