Frequently Asked Questions
The Agriculture IoT Market involves the use of connected devices and technologies to monitor, manage, and optimize farming operations, including real-time data on soil, weather, and livestock for improved efficiency and sustainability.
Key factors include technological advancements in sensors and AI, government support for precision farming, rising food demand due to population growth, and the need for sustainable resource management.
The market is projected to grow from approximately USD 19.5 billion in 2026 to USD 43.6 billion by 2035.
The CAGR is expected to be 9.4% during 2026-2035.
Asia Pacific will contribute notably, holding around 44% of the market share due to its large agrarian base and rapid technology adoption.
Major players include Deere & Company, Trimble Inc., AGCO Corporation, Raven Industries, Inc., and Farmers Edge Inc.
The report provides in-depth analysis of market size, trends, segments, regional insights, key players, and forecasts, along with drivers, restraints, and opportunities.
The value chain includes hardware manufacturing, software development, system integration, deployment and services, data analytics, and end-user application in farming operations.
Trends are shifting toward AI integration and sustainable practices, with consumers preferring eco-friendly produce enabled by IoT for traceability and efficiency.
Regulatory factors include government subsidies for digitization and data privacy laws, while environmental factors involve climate change policies promoting IoT for reduced emissions and resource conservation.