Market Forecasts (2024-2032):

The global connected agriculture market size was valued at USD 20.71 Billion in 2023 and is projected to reach USD 24.40 Billion by 2032, exhibiting a CAGR of 18.91% during the forecast period.

Through the use of modern technologies the linked agricultural market is importantly transforming the farming sector by boosting sustainability, efficiency and productivity. The Internet of Things (IoT), data analysis and digital platforms are the core components of connected agriculture which uses these technologies to build a networked system that provides farmers with timely information and useful guidance. With the usage of this system farmers may reduce their environmental impact improve agricultural yields and make better data driven decisions.

To make connected agriculture function farms use a variety of smart equipment and sensors. These gadgets monitor important elements including crop health, livestock activity, soil moisture content and weather. The gathered data is routed to central platforms which are frequently cloud based where it is examined and insights valuable to farmers are extracted. Soil sensors, for instance can advise farmers when to fertilize and water their crops in order to conserve water and avoid using excessive amounts of chemicals.

A predictive analytics is connected to agriculture not only increases productivity but also assists farmers in better managing their businesses. Farmers can take prompt action by using advanced algorithms that identify possible issues like pest infestations or disease outbreaks based on historical data and current patterns. In addition to safe guarding cattle and crops to this avoidance approach lowers the need for costly and reactive interventions.

Combined with artificial intelligence (AI) and machine learning, connected agriculture becomes even more potent. AI systems have the capacity to analyze vast volumes of data, identify trends, and offer recommendations for better farming methods. AI for example can assist in crop rotation recommendations, planting schedule optimization and even task automation through precision farming methods.

The increasing need for sustainable farming is reflected in the growth of connected agriculture. Connected agriculture contributes to the development of more sustainable agricultural systems by improving use of resources and reducing waste. Precision irrigation systems. For example save water use and runoff by directing water directly to the plant roots. In a similar manner driven by data pest management promotes healthier ecosystems by lowering the demand for chemical pesticides.

Through facilitating openness and control from farm to table connected agricultureimprove supply chain management. Stakeholders can ensure quality control and safety standards by tracking the movement of agricultural products using digital networks. In addition to helping farmers better manage their supply chains and adapt to market demands this greater transparency fosters customer trust.

Market Dynamics - Market Drivers

Growing Need to Increase Farm Yield and Reduce Labor

• Drivers of the increased use of modern agricultural technologies are the desire to decrease labour costs to improve farm output. In an increasing demand for food due to the growing global population needs improved agricultural production in order to provide food security. These objectives are difficult for traditional farming practices to effectively meet because they frequently require labor intensive tasks. To overcome this problem the agricultural business is turning to creative solutions like precision agriculture, automation, and smart technologies.
• Farmers may increase crop yields using precision agriculture through using data driven insights. This makes it possible to apply herbicides, fertilizers and water precisely increasing output while decreasing waste. Farming is changing as a result of automation and robotics in which it can more accurately and efficiently do labor intensive and repetitive operations like planting, harvesting and weeding. This improves overall efficiency and addresses labor shortages by lowering the labor burden in addition to raising farm yields.
• Farmers may increase output minimize operating cost, and better satisfy the rising food demands of a fast growing population by using these advanced technologies.

Government Initiatives for Modernizing the Agriculture Industry

• Improving farming method and solving present issues reqeuire government initiative to improve the agriculture field. The governments are investing and encouraging the adoption of modern technologies and creative techniques because they are understanding how crucial agriculture is to both food security and economic prosperity. Funding for research and development in fields like biotechnologies, automated machinery and precision farming instruments is frequently a part of these initiatives. In order to encourage farmers to adopt new technology and upgrade infrastructure such as better irrigation systems and internet connection in rural areas governments may also offer subsidies like grants.
• Regulations and laws are also implemented to promote the integration of big data and IoT based smart agriculture methods. Programs for education and training are frequently provided to farmers to help them use these current instruments efficiently. Government initiatives are essential for raising agricultural production, sustainability and resilience because they foster innovation and provide financial and technical support all of which contribute to modernizing the agriculture industry.

Market Opportunities

Integration of Mobile Application in Farm Operations

• Agriculture has been changed by using of mobile application in which improve out put connected and in decision make. The Smartphones and tablets are being used farmer more and more manage agricultural operation to obtain real time data and an interacting with other stakeholder. With features like soil analysis, crop management devices and weather forecasts, mobile apps allow farmers to make well informed decisions based on the most recent data. By enabling farmers to track animal health, monitor and manage irrigation systems and evaluate crop conditions from any location at any time these technologies improve precision agriculture.
• A mobile application allow data collecting and remote sensing using a range of sensors and Internet of Things devices which may be conveniently connected to mobile platforms for seamless data administration. Farmers may increase production and adopt more sustainable farming methods by streamlining their processes also reducing manual work and better utilizing resources thanks to this degree of interaction and availability.

Market Restraining Factors

Poor Connectivity to Pose as the Biggest Hurdle in the Growth of the Market

• Insufficient connectivity restricts the efficient application of modern technology which is an important hurdle to the connected agricultural markets expansion. Fast internet access and dependable mobile networks are still uncommon in many rural and isolated farming area while being necessary for real time data transfer and the use of intelligent agricultural products. The farmers may find it challenging to implement IoT devices, sensors and other technologies that depend on a steady stream of data if their connectivity is poor. Because of this farmers in unreliable connective locatio could find it challenging to use essential tools like data analytics, precision farming applications and remote monitoring which could have negative impacts on their output and efficiency. limited connectivity restricts the use of automated systems and intelligent irrigation strategies therefore restricting the advantages of contemporary agricultural methods. It is imperative to enhance infrastructure and broaden network coverage in order to overcoming connectivity limitations and make certain technological progress may be completely leveraged across all farming settings.

Segmentation Analysis

The market scope is segmented because of by Component, by Application.

By Component

Based on the Component of the market is segmented into Solution, Services, Consulting, Integration and Implementation, Support and Maintenance.

A number of parts are separated and make. In the connected agriculture industry, a variety of components solutions, services, consultancy, integration and implementation, support and maintenance are divided into categories. Of these the Solution section is the most noticeable. This is because of the fact that modernizing agriculture requires the adoption of technical solutions.Smart farming requires a range of hardware and software solutions including automated machinery, data analytics tools, IoT sensors and precision agricultural equipment.

These technologies support the essential functions of linked agriculture such as making decisions based on data, effective resource management and real-time monitoring. These solutions are in high demand since they increase farm production and sustainability directly. Farmers are searching for solutions that provide definite advantages such as increased crop yields more economical resource usage and reduced operating expenses. More farmers adopt innovative methods as these advantages become more apparent which solidifies their market dominance.

By Application

Based on the Application of the market is segmented into Pre-Production Management, In-Production Management, Post-Production Management.

The In Production Management category is the market leader in linked agriculture. This is due to the fact that it immediately improves the productivity and efficiency with which livestock and crops are maintained during their important growth stages. Identifying pests and diseases, controlling irrigation, monitoring soil conditions in real time and measuring crop health are all examples of in production management. These chores are necessary to guarantee timely agricultural operations and efficient use of resources.

Drones, sensors and internet of Things devices have all grown in popularity which has helped this market IoT sensors. For example provide highly accurate information on soil nutrients and moisture to allowing agricultural yields to be increased through irrigation and fertilization. In a similar way vein, drones and satellite photos offer comprehensive crop health monitoring and aid in the early detection of issues like insects or lack of nutrients. Improving crop performance and lowering issues depend heavily on this early finding out.

List of Companies Profiled

• IBM Corporation
• Microsoft
• Cisco Systems Inc.
• Iteris, Inc.
• Trimble Inc.
• Ag Leader Technology
• Decisive Farming
• GAMAYA
• SWIIM System, Ltd.
• Orange Business Services
• LINK LABS.
• Iteris Inc.
• LORD Corporation

Key Industry Developments

In April 2024, CNH and Intelsat have partnered to offer farmers equitable Internet access via satellite communication (SATCOM) services. Intelsat will deliver multi-orbit Internet connectivity to integrate with CNH equipment operating in remote areas and will supply user-friendly satellite terminals designed to withstand the demanding conditions on farms.

Report Coverage

The report will cover the qualitative and quantitative data on the global Connected Agriculture Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations

Regional Snapshots

By region, Insights into the markets in North America, Europe, Asia-Pacific, Latin America and MEA are provided by the study. North America has been the market leader in connected agriculture. This is becof a number of key elements including having a highly developed infrastructure for technology making large expenditures in agricultural innovation and seeing rapid adoption of precision farming technologies. North America is fortunate to have a robust agricultural industry, well established methods of farming and substantial funding for agricultural R&D. A number of initiatives and subsidies have been launched by nations like the US and Canada to encourage the use of smart technology which has further boosted market development.

In terms of connected agriculture Asia Pacific is anticipated to grow at the quickest rate. The demand for increased food security and productivity as well as a major agricultural industry and a growing population among the main causes of this rapid expansion. In order to fulfill the demands of their growing populations and increase farming productivity of nations like China and India are making major investments in modernizing their agricultural systems. Government initiatives for more financing for innovative technology and a focus on organic farming all support Asia Pacifics prosperity. The increase is also supported by the growing accessibility of internet and mobile technology in rural areas.

Connected Agriculture Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions

• How much the global Connected Agriculture Market valued?
• Which region has the largest share in 2024 for the global Connected Agriculture Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of the Market

• Historic year: 2019-2022
• Base year: 2023
• Forecast: 2024 to 2032
• Representation of Market revenue in USD Million

Connected Agriculture Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: