Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.74 Billion | USD 31.61 Billion | 9.7% | 2023 |
FrequentlyAsked Questions
Agriculture IoT is smart farming based on IoT, in this a system is made to monitor crop field by the help of sensors such as humidity, light, soil moisture, temperature, along with automation of irrigation system. With the help of these systems a farmers can monitor his field conditions at anytime from anywhere.
The global agriculture iot market accounted for USD xx million in 2023 and is expected to reach USD xx million by 2032.
The CAGR value of the agriculture iot market is expected to be around xx% during 2024-2032.
Asia Pacific is expected to show growth during the forecast period. It will hold a substantial share owing to the adoption of IoT technologies for agriculture in the Asia Pacific region.
Some key players of the global agriculture iot market are Trimble, Deere & Company, AGCO Corporation, Raven Industries, DeLaval, AgJunction Inc., Lely, GEA Farm Technology, AG Leader Technology, Antelliq, and among others.
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