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    IoT Agriculture Market

    ID: MRFR/ICT/7004-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    IoT in Agriculture Market Research Report By Application (Precision Farming, Livestock Monitoring, Smart Greenhouses, Crop Monitoring, Supply Chain Management), By Technology (Sensors, Software, Connectivity Technologies, Data Analytics, Cloud Computing), By End-use (Farms, Agricultural Cooperatives, Food Producers, Research Institutions), By Component (Hardware, Software, Services), and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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    IoT Agriculture Market Infographic
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    IoT Agriculture Market Summary

    As per MRFR analysis, the IoT in Agriculture Market Size was estimated at 10.85 USD Billion in 2024. The IoT in Agriculture industry is projected to grow from 12.06 USD Billion in 2025 to 34.71 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 11.15 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The IoT in Agriculture Market is experiencing robust growth driven by technological advancements and a shift towards sustainable practices.

    • The market is witnessing increased adoption of precision agriculture, particularly in North America, which remains the largest market.
    • Integration of advanced analytics and AI is becoming prevalent, especially in the Asia-Pacific region, recognized as the fastest-growing area.
    • Focus on sustainable practices is reshaping agricultural methodologies, with precision farming leading the way as the largest segment.
    • Enhanced crop monitoring and automation are key drivers, facilitating data-driven decision making and promoting sustainability in agriculture.

    Market Size & Forecast

    2024 Market Size 10.85 (USD Billion)
    2035 Market Size 34.71 (USD Billion)
    CAGR (2025 - 2035) 11.15%

    Major Players

    John Deere (US), Trimble (US), AG Leader Technology (US), Deere & Company (US), Raven Industries (US), Topcon Positioning Systems (US), Taranis (IL), CropX (IL), Sentera (US), Farmers Edge (CA)

    IoT Agriculture Market Trends

    The IoT in Agriculture Market is currently experiencing a transformative phase, driven by advancements in technology and the increasing need for efficient agricultural practices. The integration of Internet of Things (IoT) devices into farming operations appears to enhance productivity and sustainability. Farmers are increasingly adopting smart sensors, drones, and automated systems to monitor crop health, soil conditions, and weather patterns. This shift not only optimizes resource usage but also contributes to better decision-making processes. As a result, the market is likely to witness a surge in demand for innovative solutions that facilitate precision agriculture and improve yield outcomes. Moreover, the growing emphasis on food security and environmental sustainability seems to propel the adoption of IoT technologies in agriculture. Stakeholders are recognizing the potential of data-driven insights to address challenges such as climate change and resource scarcity. Consequently, investments in research and development are expected to rise, fostering the creation of advanced IoT applications tailored for agricultural needs. The future landscape of the IoT in Agriculture Market appears promising, with opportunities for growth and collaboration among technology providers, farmers, and policymakers. This collaborative approach may lead to the development of more resilient agricultural systems that can adapt to changing conditions and demands.

    Increased Adoption of Precision Agriculture

    The trend towards precision agriculture is gaining momentum as farmers seek to maximize efficiency and minimize waste. By utilizing IoT devices, farmers can gather real-time data on various parameters, enabling them to make informed decisions regarding irrigation, fertilization, and pest control. This approach not only enhances crop yields but also promotes sustainable farming practices.

    Integration of Advanced Analytics and AI

    The incorporation of advanced analytics and artificial intelligence into the IoT in Agriculture Market is becoming increasingly prevalent. These technologies allow for the analysis of vast amounts of data collected from IoT devices, providing actionable insights that can lead to improved operational efficiency. Farmers can leverage predictive analytics to anticipate challenges and optimize their farming strategies.

    Focus on Sustainable Practices

    There is a growing emphasis on sustainability within the IoT in Agriculture Market. Stakeholders are increasingly aware of the environmental impact of traditional farming methods. As a result, there is a shift towards adopting IoT solutions that promote sustainable practices, such as water conservation and reduced chemical usage, aligning agricultural operations with global sustainability goals.

    IoT Agriculture Market Drivers

    Enhanced Crop Monitoring

    The IoT in Agriculture Market is experiencing a surge in enhanced crop monitoring technologies. These technologies utilize sensors and drones to collect real-time data on soil moisture, temperature, and crop health. This data enables farmers to make informed decisions, optimizing resource use and improving yields. According to recent estimates, the adoption of IoT solutions in crop monitoring could lead to yield increases of up to 20 percent. As farmers increasingly recognize the value of data-driven insights, the demand for IoT solutions in agriculture is likely to grow, fostering innovation and efficiency in farming practices.

    Data-Driven Decision Making

    The IoT in Agriculture Market is increasingly characterized by data-driven decision making. Farmers are leveraging data analytics to interpret vast amounts of information collected from IoT devices. This trend allows for precise adjustments in farming practices, such as optimizing fertilizer application and irrigation schedules. The ability to analyze data effectively can lead to cost savings and improved crop quality. It is estimated that data-driven approaches can enhance farm profitability by up to 15 percent. As the agricultural sector continues to embrace technology, the reliance on data analytics is likely to expand.

    Automation and Smart Farming

    Automation is a key driver in the IoT in Agriculture Market, as it allows for the efficient management of agricultural processes. Smart farming technologies, such as automated irrigation systems and robotic harvesters, are becoming more prevalent. These innovations not only reduce labor costs but also enhance productivity. Reports indicate that the market for agricultural robots is projected to reach several billion dollars by 2026, reflecting a growing trend towards automation. As farmers seek to streamline operations and reduce manual labor, the integration of IoT technologies into farming practices is expected to accelerate.

    Government Support and Initiatives

    Government support plays a crucial role in the growth of the IoT in Agriculture Market. Various initiatives and funding programs are being implemented to encourage the adoption of smart farming technologies. Governments recognize the potential of IoT to enhance food security and agricultural productivity. For instance, subsidies for IoT devices and training programs for farmers are becoming more common. This support not only facilitates technology adoption but also fosters innovation within the agricultural sector. As governments continue to prioritize agricultural advancements, the IoT market is likely to benefit from increased investment and resources.

    Sustainability and Environmental Impact

    Sustainability is a growing concern within the IoT in Agriculture Market. Farmers are increasingly adopting IoT solutions to minimize environmental impact and promote sustainable practices. Technologies such as precision irrigation and nutrient management systems help reduce water usage and chemical runoff. This shift towards sustainability is not only beneficial for the environment but also aligns with consumer preferences for eco-friendly products. Market Research Future suggests that sustainable agriculture practices can lead to a 30 percent reduction in resource consumption. As sustainability becomes a priority, the demand for IoT solutions that support these practices is expected to rise.

    Market Segment Insights

    By Application: Precision Farming (Largest) vs. Livestock Monitoring (Fastest-Growing)

    In the IoT in Agriculture Market, the 'Application' segment is largely dominated by Precision Farming, which utilizes technology to enhance crop yields and resource efficiency. This segment accounts for a significant share of the market, leading the way in the adoption of IoT solutions among farmers. Meanwhile, Livestock Monitoring is emerging rapidly, recognized for its ability to improve animal health and productivity through real-time data analytics and tracking, thus grabbing a faster-growing share in the overall market.

    Precision Farming: Dominant vs. Livestock Monitoring: Emerging

    Precision Farming has established itself as the dominant player in the IoT in Agriculture Market, integrating advanced technologies such as sensors, drones, and data analytics to enable farmers to make informed decisions based on real-time agricultural data. This segment enhances operational efficiency, minimizes waste, and maximizes yield, positioning it as the clear leader. In contrast, Livestock Monitoring is an emerging segment that leverages IoT solutions to track and manage livestock health, behavior, and location. Its rapid growth is fueled by the increasing need for efficient herd management practices, allowing farmers to ensure animal welfare and enhance productivity. As innovative solutions continue to emerge, Livestock Monitoring is set to become a key player in the agricultural ecosystem.

    By Technology: Sensors (Largest) vs. Data Analytics (Fastest-Growing)

    The IoT in Agriculture market is experiencing a dynamic distribution of technology segments, with sensors holding the largest market share. These sensors are pivotal in providing real-time data on various parameters such as soil moisture, temperature, and crop health, enabling farmers to make informed decisions. Following sensors, software solutions are integral in managing data flows and enhancing agricultural operations. Data analytics is gaining traction as an essential component, transforming raw data into actionable insights. While still smaller in share, its growth rate indicates a surging interest among agronomists to leverage data for predictive analytics and precision farming. The growth trends in the IoT in Agriculture market are predominantly driven by advancements in sensor technologies and the increasing affordability of IoT devices for farmers. Furthermore, the push towards sustainable farming and optimized resource management is creating substantial demand for precision technologies. Data analytics is emerging as a game-changer due to its ability to process vast amounts of gathered data and deliver insights that enhance productivity and minimize waste. As a result, the integration of various technologies, including cloud computing and connectivity technologies, is expected to accelerate, demonstrating the market's shift towards smarter agricultural practices.

    Data Analytics: Emerging vs. Sensors: Dominant

    In the IoT in Agriculture Market, sensors remain the dominant technology segment due to their foundational role in enabling data collection across various agricultural settings. They are essential for monitoring environmental conditions and crop performance, facilitating precision agriculture initiatives. In contrast, data analytics, while currently an emerging segment, is rapidly gaining importance among farmers and agribusinesses looking to harness data to drive efficiency. With the increasing complexity of agricultural data, advanced analytics tools are becoming indispensable for interpreting patterns and making strategic decisions. The collaborative integration of sensors and data analytics positions the industry toward optimizing yields and improving overall agricultural outcomes.

    By End-use: Farms (Largest) vs. Agricultural Cooperatives (Fastest-Growing)

    In the IoT in Agriculture Market, the end-use segment is prominently led by farms, which represent the largest portion of the market share. These farms are leveraging IoT technologies for various applications, including precision farming, crop health monitoring, and livestock management. Agricultural cooperatives, while smaller in market share compared to farms, have emerged as a significant player and are rapidly adopting IoT solutions to enhance their efficiency and productivity. The growth trends within this segment indicate a strong upward trajectory for agricultural cooperatives, fueled by the increasing need for collaboration and smart farming practices. As farmers and cooperatives continue to adopt advanced technologies, such as data analytics and automated irrigation systems, the demand for IoT solutions is expected to rise substantially. This growth is driven by the need for improved yields, resource efficiency, and sustainability in agriculture.

    Farms (Dominant) vs. Research Institutions (Emerging)

    Farms are currently the dominant end-use segment in the IoT in Agriculture Market, characterized by their widespread adoption of technology to improve operational efficiency and product quality. Their significant investments in precision agriculture techniques, including sensors and data analytics, enable them to optimize farming practices and increase crop yields. In contrast, research institutions represent an emerging segment that plays a crucial role in developing and testing innovative IoT applications tailored for smart agriculture. These institutions collaborate with technology providers and farmers to explore new methodologies, offering insights that drive the evolution of IoT solutions within agriculture. As these research entities push the boundaries of technology in farming, their influence on market trends and practices is likely to grow.

    By Component: Hardware (Largest) vs. Services (Fastest-Growing)

    In the IoT in Agriculture Market, the distribution of market share among components shows that hardware is currently the largest segment, dominating the landscape with various devices essential for data collection and remote monitoring. This includes sensors, drones, and smart irrigation systems that provide farmers with actionable insights to enhance productivity. Conversely, services are witnessing rapid growth, fueled by increasing demand for integration, maintenance, and analytics, becoming a critical enabler for effective IoT deployment in agriculture. Looking at growth trends, the hardware segment has established itself firmly, benefiting from advancements in technology and a growing focus on sustainable farming practices. The services segment stands out as the fastest-growing area due to the increasing complexity of IoT solutions and the need for continuous support and innovation. This trend is primarily driven by the rise in precision agriculture, where data-driven decision-making is leading to a surge in demand for specialized services that optimize IoT ecosystems.

    Hardware: Sensors (Dominant) vs. Services: Consulting (Emerging)

    In the hardware domain of the IoT in Agriculture Market, sensors play a dominant role by providing critical data that informs agricultural practices. These devices measure variables such as soil moisture, temperature, and crop health, allowing farmers to make informed decisions quickly. In contrast, consulting services represent an emerging force, aiding farmers in understanding and implementing IoT solutions effectively. As more farmers look to adopt advanced technologies, the need for expert guidance and tailored implementations becomes crucial. Both components are vital; however, their market positions differ significantly, with sensors established as essential tools in today’s agriculture, while consulting services grow to meet the evolving demands of a tech-savvy agricultural sector.

    Get more detailed insights about IoT Agriculture Market

    Regional Insights

    North America : Technology Adoption Leader

    North America is the largest market for IoT in agriculture, holding approximately 45% of the global share. The region benefits from advanced technological infrastructure, high investment in R&D, and a strong focus on precision farming. Regulatory support for sustainable practices and data-driven agriculture further drives demand. The U.S. and Canada are the primary contributors, with increasing adoption of IoT solutions among farmers seeking efficiency and productivity improvements. The competitive landscape is robust, featuring key players like John Deere, Trimble, and AG Leader Technology. These companies are at the forefront of innovation, offering a range of IoT solutions that enhance crop management and yield optimization. The presence of established firms and startups fosters a dynamic environment, encouraging collaboration and technological advancements in the agricultural sector.

    Europe : Emerging Innovation Hub

    Europe is witnessing significant growth in the IoT in agriculture market, accounting for about 30% of the global share. The region's focus on sustainable agriculture and environmental regulations drives the adoption of IoT technologies. Countries like Germany and France lead the market, supported by government initiatives aimed at enhancing agricultural productivity and sustainability. The European Union's Green Deal also plays a crucial role in promoting smart farming practices. Leading countries in this region are Germany, France, and the Netherlands, with a competitive landscape featuring companies like Trimble and Topcon Positioning Systems. The presence of innovative startups and established firms fosters a collaborative environment for technological advancements. The emphasis on precision agriculture and data analytics is reshaping farming practices, making them more efficient and sustainable.

    Asia-Pacific : Rapid Growth Region

    Asia-Pacific is emerging as a significant player in the IoT in agriculture market, holding around 20% of the global share. The region's rapid urbanization and population growth drive the demand for efficient agricultural practices. Countries like China and India are at the forefront, with increasing investments in smart farming technologies. Government initiatives aimed at enhancing food security and agricultural productivity further catalyze market growth. China and India are the leading countries in this region, with a competitive landscape that includes both local and international players. Companies like Taranis and CropX are making strides in precision agriculture, offering innovative solutions tailored to the unique challenges faced by farmers in these countries. The growing emphasis on technology adoption is transforming traditional farming practices into more data-driven approaches, enhancing overall productivity.

    Middle East and Africa : Resource-Rich Frontier

    The Middle East and Africa region is gradually emerging in the IoT in agriculture market, accounting for approximately 5% of the global share. The region's agricultural sector is evolving, driven by the need for food security and efficient resource management. Countries like South Africa and Kenya are leading the way, with increasing investments in smart farming technologies. Government policies aimed at enhancing agricultural productivity are also contributing to market growth. South Africa and Kenya are the primary players in this region, with a competitive landscape that includes both local startups and international firms. The presence of companies focused on innovative agricultural solutions is fostering a dynamic environment for growth. As the region continues to embrace technology, the potential for IoT in agriculture is expected to expand significantly, addressing challenges such as water scarcity and land management.

    Key Players and Competitive Insights

    The IoT in Agriculture Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and the increasing need for efficient agricultural practices. Key players such as John Deere (US), Trimble (US), and Farmers Edge (CA) are at the forefront, each adopting distinct strategies to enhance their market positioning. John Deere (US) focuses on integrating advanced data analytics and machine learning into its equipment, thereby facilitating precision farming. Trimble (US) emphasizes partnerships with local agricultural cooperatives to expand its reach and enhance service delivery. Farmers Edge (CA) is leveraging its expertise in data-driven agriculture to offer tailored solutions that optimize crop yields, indicating a trend towards personalized agricultural technologies. Collectively, these strategies contribute to a competitive environment that is increasingly centered on innovation and customer-centric solutions.

    In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several players vying for market share while also collaborating through strategic partnerships. This fragmentation allows for a diverse range of solutions, catering to various agricultural needs across different regions. The collective influence of these key players is shaping a landscape where technological integration and localized solutions are paramount.

    In August 2025, John Deere (US) announced a partnership with a leading AI firm to develop predictive analytics tools aimed at improving crop management. This strategic move is likely to enhance John Deere's product offerings, positioning the company as a leader in smart farming technologies. The integration of AI into their existing platforms may provide farmers with actionable insights, thereby increasing productivity and sustainability in agricultural practices.

    In September 2025, Trimble (US) launched a new suite of IoT-enabled sensors designed to monitor soil health in real-time. This initiative underscores Trimble's commitment to precision agriculture and reflects a growing trend towards data-driven decision-making in farming. By providing farmers with immediate access to critical soil data, Trimble enhances their ability to make informed decisions, potentially leading to improved crop yields and resource management.

    In July 2025, Farmers Edge (CA) expanded its operations into Europe, establishing a new headquarters in Germany. This expansion is indicative of the company's strategy to tap into the European market, which is increasingly adopting IoT technologies in agriculture. By entering this region, Farmers Edge aims to leverage its data analytics capabilities to address the unique challenges faced by European farmers, thereby enhancing its competitive edge on a global scale.

    As of October 2025, the competitive trends in the IoT in Agriculture Market are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming increasingly vital, as companies recognize the need to collaborate to enhance their technological capabilities and market reach. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technological advancement, and supply chain reliability. This shift suggests that companies that prioritize these elements will likely emerge as leaders in the rapidly evolving agricultural landscape.

    Key Companies in the IoT Agriculture Market market include

    Industry Developments

    • Q1 2024: Tata Group launches Digital Agriculture Ecosystem Platform integrating IoT sensors, drones, and AI analytics Tata Group announced the launch of a new platform supporting over 30 million farmers in India, providing real-time soil moisture data, weather forecasting, and pest alerts via mobile apps and low-cost IoT sensor devices.

    With the goal of accelerating in-field IoT and tropical-crop innovation, John Deere announced in November 2023 that it will be building a Tropical Agriculture Technology Development Center in Brazil for R$180 million (about US$35 million) by the end of 2024.

    To improve automation and linked equipment manufacturing, Deere installed a private 5G network at its Waterloo, Iowa, facility in March 2024. In order to promote IoT-enabled precision agriculture, Deere started its Startup Collaborator program in January 2023, combining eight AgTech firms, including drone and optical gyroscope companies.

    After being purchased by CNH Industrial in March 2023, Raven Industries shifted its emphasis to precision agricultural IoT, developing data management and self-governing farm operations technologies. Real-time soil and crop monitoring fueled by AI-driven analytics was made possible in 2023 by the expansion of remote sensor and drone integration in Bayer's Climate FieldView platform.

    Trimble improved centimeter-level guiding for autonomous equipment in 2025 by showcasing next-generation field IoT GPS receivers and machine control systems at significant agriculture shows. Topcon introduced cutting-edge IoT-based in-cab connection solutions for harvesters and tractors in 2024. These systems included fleet management tools, cloud data synchronization, and remote diagnostics.

    Future Outlook

    IoT Agriculture Market Future Outlook

    The IoT in Agriculture Market is projected to grow at 11.15% CAGR from 2024 to 2035, driven by advancements in precision farming, data analytics, and sustainable practices.

    New opportunities lie in:

    • Development of AI-driven crop monitoring systems
    • Integration of blockchain for supply chain transparency
    • Expansion of smart irrigation solutions for water conservation

    By 2035, the market is expected to be robust, driven by innovation and increased adoption of IoT technologies.

    Market Segmentation

    IoT Agriculture Market End-use Outlook

    • Farms
    • Agricultural Cooperatives
    • Food Producers
    • Research Institutions

    IoT Agriculture Market Component Outlook

    • Hardware
    • Software
    • Services

    IoT Agriculture Market Technology Outlook

    • Sensors
    • Software
    • Connectivity Technologies
    • Data Analytics
    • Cloud Computing

    IoT Agriculture Market Application Outlook

    • Precision Farming
    • Livestock Monitoring
    • Smart Greenhouses
    • Crop Monitoring
    • Supply Chain Management

    Report Scope

    MARKET SIZE 202410.85(USD Billion)
    MARKET SIZE 202512.06(USD Billion)
    MARKET SIZE 203534.71(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)11.15% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of advanced sensors and data analytics enhances precision farming in the IoT in Agriculture Market.
    Key Market DynamicsRising adoption of precision agriculture technologies drives demand for IoT solutions in farming operations.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the projected market size of the IoT in Agriculture Market by 2035?

    The IoT in Agriculture Market is expected to be valued at approximately 34.7 USD Billion by 2035.

    What is the expected compound annual growth rate (CAGR) of the IoT in Agriculture Market during the forecast period?

    The IoT in Agriculture Market is projected to have a CAGR of 11.15% from 2025 to 2035.

    Which region is expected to dominate the IoT in Agriculture Market by 2035?

    By 2035, North America is anticipated to have one of the largest shares, valued at 10.45 USD Billion.

    What was the market value of Precision Farming in 2024?

    Precision Farming was valued at 3.4 USD Billion in 2024.

    Who are the key players in the IoT in Agriculture Market?

    Major players include Raven Industries, Bayer, Huawei, and John Deere among others.

    What will be the market size of Livestock Monitoring in 2035?

    The market size for Livestock Monitoring is expected to reach 6.67 USD Billion by 2035.

    How much was the Smart Greenhouses segment valued in 2024?

    The Smart Greenhouses segment was valued at 1.9 USD Billion in 2024.

    Which region is expected to show significant growth in the IoT in Agriculture Market?

    Asia Pacific is expected to experience substantial growth, with a projected value of 11.47 USD Billion by 2035.

    What was the market value for Supply Chain Management in 2024?

    Supply Chain Management was valued at 1.05 USD Billion in 2024.

    What is the projected value of Crop Monitoring by 2035?

    Crop Monitoring is expected to reach a value of 7.44 USD Billion by 2035.

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