Smart Agriculture Market Report 2026

The smart agriculture market size has grown rapidly in recent years. It will grow from $18.75 billion in 2025 to $20.82 billion in 2026 at a compound annual growth rate (CAGR) of 11%. The growth in the historic period can be attributed to traditional reliance on manual farming methods, limited access to real-time farm data, early adoption of basic mechanization, rising pressure to increase crop yields, growing need for structured farm management.

The smart agriculture market size is expected to see rapid growth in the next few years. It will grow to $31.9 billion in 2030 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to increasing demand for precision agriculture tools, rapid expansion of agri-tech investments, growing need for climate-resilient farming, rising adoption of autonomous agricultural systems, expanding use of data-driven decision-making in agriculture. Major trends in the forecast period include rising adoption of sensor-based monitoring, increased use of automated farm machinery, growing shift toward resource-efficient farming, expansion of integrated farm management systems, heightened demand for real-time data insights.

The increasing pressure on the food supply system, driven by the rapidly growing population, is expected to boost the smart agriculture market in the coming years. Food supply systems encompass all individuals and interactions along the food value chain, from input supply and crop production to livestock, fish, processing, wholesale, retail, food preparation, and disposal. Smart farming plays a vital role in linking all participants in the food supply chain by facilitating an effective and equitable flow of information, which promotes better decision-making. For example, in April 2024, the Global Report on Food Crises (GRFC) 2024, published by the World Food Programme, an Italy-based non-profit organization, highlighted the significant challenge of eradicating hunger by 2030. In 2023, about 282 million people, or 21.5% of those analyzed across 59 countries and territories, faced severe food insecurity and required urgent assistance for food and livelihoods. Thus, the rising pressure on the food supply system due to population growth is driving the expansion of the smart agriculture market.

Major companies in the smart agriculture market are concentrating on technological advancements, particularly in advanced AI integration, which facilitates detailed forecasting of crop yields and identifies optimal global growing conditions. Advanced AI integration involves the seamless incorporation of AI technologies into various systems, enabling automated decision-making, data analysis, and improved user interactions. For example, in July 2024, Cropin, a software company based in India, introduced Sage, designed to revolutionize agricultural decision-making by providing extensive data and insights. This new AI-powered agri-intelligence platform merges generative AI, climate data, crop knowledge graphs, and sophisticated models to deliver real-time insights for yield forecasting and optimal growing conditions worldwide. By utilizing a grid-based mapping system, it supplies precision data for 13 major crops, which account for 80% of global food demand, thereby aiding stakeholders in making data-driven decisions to bolster food security.

In January 2025, DeHaat, an India-based full-stack agritech solutions provider, acquired AgriCentral for an undisclosed amount. Through this acquisition, DeHaat seeks to reinforce its position in smart agriculture by boosting its digital advisory and precision farming capabilities using advanced data analytics and remote sensing technologies. AgriCentral, also based in India, offers digital agricultural advisory services that provide farmers with real-time crop insights, market information, and decision-support tools.

Major companies operating in the smart agriculture market are Deere & Company, AG Leader Technology Inc., Trimble Inc., Bayer Crop Science LP, Syngenta AG, Corteva Agriscience Inc., PrecisionHawk Inc., The Climate Corporation, Farmers Edge Inc., Taranis Inc., Raven Industries Inc., AeroFarms LLC, Granular Inc., AgriWebb Pty Ltd, Ecorobotix AG, CropX Inc., SmartFarm LLC, Indigo Ag Inc., Ceres Imaging Inc., Hexagon AB, FarmLogs Inc., Parrot Drones SAS, Vultus Inc., Prospera Technologies Inc., Fieldin Inc., Sentera Inc., Harvest CROO Robotics LLC, Blue River Technology Inc., AgroStar.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the smart agriculture market by raising import costs for hardware components such as sensors, drones, IoT devices, and automated machinery, which form the backbone of precision farming and smart greenhouse applications. These added costs particularly impact regions dependent on imported technologies, including Asia-Pacific, Africa, and Latin America, thereby slowing adoption among small and medium farms. However, tariffs have also encouraged domestic production and localized innovation in agri-tech solutions, creating opportunities for regional manufacturers. Overall, tariffs are reshaping supply strategies and pushing stakeholders to diversify sourcing while accelerating in-country manufacturing capabilities.

The smart agriculture market research report is one of a series of new reports that provides smart agriculture market statistics, including smart agriculture industry global market size, regional shares, competitors with a smart agriculture market share, detailed smart agriculture market segments, market trends and opportunities, and any further data you may need to thrive in the smart agriculture industry. This smart agriculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Smart agriculture, a modern approach to farming, integrates Internet of Things (IoT), robotics, artificial intelligence (AI), sensors, and advanced technologies to enhance agricultural productivity. It's an innovative strategy aimed at minimizing human labor while optimizing resource utilization.

The primary components of smart agriculture encompass hardware, software, and services. Hardware consists of tangible parts incorporated or added to electronic devices such as computers, cellphones, and other gadgets. Farms of varying sizes - small, medium, and large - utilize smart agriculture for applications like precision farming, livestock monitoring, precision aquaculture, smart forestry, smart greenhouses, and more.North America was the largest region in the smart agriculture market in 2025. Asia-Pacific is expected to be the fastest-growing region in the smart agriculture market report during the forecast period. The regions covered in the smart agriculture market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart agriculture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart agriculture market consists of revenues earned by entities through system integration, consulting, and support and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. The smart agriculture market includes revenues earned by entities through precision aquaculture, livestock monitoring, precision forestry, smart greenhouses, and others. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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