Intelligent Agriculture Market

Global Intelligent Agriculture Market Size (2024 to 2029)

The global intelligent agriculture market size is expected to reach USD 11.92 billion in 2024 and reach USD 22.40 billion by 2029, growing at a CAGR of 13.44% from 2024 to 2029.

CURRENT SCENARIO OF THE GLOBAL INTELLIGENT AGRICULTURE MARKET

Intelligent Agriculture involves technology-driven information analysis of data acquired from the fields and the application of inputs according to the data analysis for raising crop productivity. It includes the use of modern technologies of farming which help in improving the quality of food and growing the yield of farms.

Smart agriculture tools are most extensively used in precision farming since they play a vital role in improving farm efficiency and helping growers maximize their yields of the crop. Yield monitoring is a major application of precision farming used to identify field variability information, which includes soil properties, weather conditions, and fertilizers. Soil monitoring is a major application of yield monitoring, which helps in identifying different soil parameters in order to maintain the nutrient level of the soil.

MARKET DRIVERS AND RESTRAINTS:

The driving factors of the global intelligent agriculture market are the increasing application of technologies in agriculture, the rising need for monitoring livestock performance and health, the government’s support to adopt modern agricultural techniques, and the increasing demand for food worldwide. The major constraining factors for the growth of the smart agriculture market include the high initial investments and the lack of technical awareness among the growers.

REPORT COVERAGE: 

REGIONAL ANALYSIS:

North America has the leading market for Intelligent Agriculture in the world, which is followed by Europe and the Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period, owing to rising populations and economies in the region.

KEY PLAYERS IN THE GLOBAL INTELLIGENT AGRICULTURE MARKET:

Some of the major players in the market are the European GNSS Agency (GSA) (Czech Republic), Precision Ag Institute (U.S.), International Society for Precision Agriculture (ISPA) (U.S.), SPAA Precision Agriculture (Australia), CropLife (CropLife Media Group) (U.S.), Precision Agriculture Association (New Zealand), and Agricultural Research Organization (Israel).

DETAILED SEGMENTATION OF THE GLOBAL INTELLIGENT AGRICULTURE MARKET INCLUDED IN THIS REPORT

This research report on the global intelligent agriculture market is segmented and sub-segmented based on Agriculture Type, Application, Offering and Region.

By Agriculture Type

• livestock monitoring
• Precision farming
• Smart greenhouses
• Fish farming
• Others

By Application

• livestock monitoring applications
  • Feeding Management
  • Heat Stress Management
  • Milk Harvesting
  • Breeding Management
  • Animal Comfort Management
  • Behavior Monitoring & Management
  • others
• Precision farming application
  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking & Forecasting
  • Irrigation Management
  • Inventory Management
  • Farm Labor Management
  • Financial Management
  • others
• Fish farming applications
  • Fish Tracking & Fleet Navigation
  • Feeding Management
  • Water Quality Management
  • others
• Smart greenhouse applications
  • HVAC Management
  • Yield Monitoring
  • Water & Fertilizer Management
• others

By Offering

• Hardware
  • Hardware for Precision Farming
  • Hardware for Livestock Monitoring
  • Hardware for Fish Farming
• Software
  • Local/Web-Based
  • Cloud-Based
• Services
  • System Integration and Consulting
  • Managed Services
  • Connectivity Services
  • Assisted Professional Services and Maintenance and Support

Hardware for Smart Greenhouse and Hardware for Others Market.

By Region

• North America
• Europe
• Asia-Pacific 
• Latin America
• The Middle East and Africa