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Intelligent Agriculture Market - Segmented By Agriculture (Livestock Monitoring, Precision Farming, Smart Greenhouses, Fish Farming And Others), By Application (Livestock Monitoring Applications, Precision Farming Applications, Fish Farming Applications, Smart Greenhouse Applications And Others), By Offering (Hardware, Software And Services) & Region - Global Forecast To 2027.

Published: March, 2023
ID: 5984
Pages: 175
Formats: report pdf report excel report power bi report ppt

Intelligent Agriculture Market Size & Growth 2026:

The Intelligent Agriculture Market was worth USD 8.17 billion in 2021 and is estimated to be growing at a CAGR of 13.44%, to reach USD 14.51 billion by 2026.

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 help growers in maximizing their yields of the crop. Yield monitoring is a major application of precision farming used to identify the 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.

Drivers and Restraints:

The driving factors of the global Intelligent Agriculture market are increasing the application of technologies in agriculture, rising need for monitoring livestock performance and health, government’s support to adopt modern agricultural techniques, and 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.

INTELLIGENT AGRICULTURE MARKET REPORT COVERAGE:

 

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

13.44%

Segments Covered

By Agriculture Type,  By Application, By Offering, 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

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).

Market Segmentation:

Intelligent Agriculture Market – By Agriculture Type:

  • livestock monitoring

  • Precision farming
  • Smart greenhouses
  • Fish farming
  • Others

Intelligent Agriculture Market – 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

Intelligent Agriculture Market – 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.

Geographical Analysis:

The Global Intelligent Agriculture market is divided based on geography into

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

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.

Major Players:

Some of the major players in the market are 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).

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