Global Smart Farming Market Forecast: USD 111.19 Billion by 2033

Smart Farming Market Overview

The global smart farming market size was valued at USD 24.32 billion in 2024 and is anticipated to grow from USD 28.79 billion in 2025 to reach USD 111.19 billion by 2033, exhibiting a CAGR of 18.4% during the forecast period (2025-2033).

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Smart Farming Market Report Scope and Research Methodology

This report provides both qualitative and quantitative insights, ensuring reliability, transparency, and depth of analysis. The scope defines the boundaries and categories of the market, enabling a clear understanding of its structure and dynamics.

The study evaluates market size and forecasts by analyzing key segments and sub-segments. It also explores drivers, restraints, and opportunities—including cost optimization, government initiatives, sustainability concerns, and ongoing technological innovations. Furthermore, the report examines competitive positioning, investment patterns, and regulatory influences shaping industry development.

Smart Farming Market Regional Insights

The regional assessment covers North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is analyzed in terms of market share, growth trends, trade flows, and investment potential. By examining factors such as demand patterns, industry performance, and policy support, the report offers a comprehensive outlook on how the market evolves across diverse geographies.

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Smart Farming Market Segmentation

1. By Solution
   1. Hardware Systems
   2. Software
   3. Services
   4. Network Management
   5. Agriculture Asset Management
   6. Supervisory Control and Data Acquisition
   7. Logistics and Supply Chain Management
   8. Smart Water Management
   9. Others
2. By Software
   1. Web Based
   2. Cloud Based
3. By Service
   1. System Integration and Consulting
   2. Support and Maintenance
   3. Connectivity Services
   4. Managed Services
   5. Professional Services
4. By Application
   1. Precision Agriculture
   2. Livestock Monitoring and Management
   3. Indoor Farming
   4. Yield Monitoring
   5. Field Mapping
   6. Crop Scouting
   7. Weather Tracking and Forecasting
   8. Irrigation Management
   9. Farm Labor Management
   10. Financial Management
   11. Feeding Management
   12. Milk Harvesting
   13. Breeding Management
   14. Fish Tracking and Fleet Navigation
   15. Water Quality Management
   16. HVAC Management
   17. Aquaculture
   18. Smart Greenhouse

Smart Farming Market Key Players

1. Ag Leader Technology
2. AGCO Corporation
3. CNH Industrial
4. Deere & Company
5. Hexagon Agriculture
6. Kubota Corporation
7. Afimilk Ltd.
8. Allflex USA Inc.
9. Nedap N.V.
10. General Hydroponics
11. Osram Licht AG
12. AKVA Group ASA
13. Eruvaka Technologies
14. Naïo Technologies
15. DJI Innovations

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Key questions answered in the Smart Farming Market are:

1. How big is the Smart Farming market?
2. What is the expected size of Smart Farming market?
3. How much is the global Smart Farming market worth?
4. What is the Smart Farming market growth?
5. Which segment accounted for the largest Smart Farming market share?
6. What are the key Smart Farming market segments?
7. What was the value of the Smart Farming market in North America in 2024?
8. Which region held the largest share of the market?
9. What are the factors driving the Smart Farming market?
10. What are the leading key players in the Smart Farming market?
11. Who are the key players in Smart Farming market?

About Straits Research:

Straits Research delivers in-depth market intelligence and actionable insights across multiple industries. Our reports are designed to guide decision-makers, investors, and businesses in identifying growth opportunities, navigating challenges, and developing effective strategies for sustainable success.

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