Global Precision Agriculture Market 2025-2029

Precision Agriculture Market 2025-2029

The precision agriculture market is forecasted to grow by USD 8018.5 mn during 2024-2029, accelerating at a CAGR of 15.4% during the forecast period. The report on the precision agriculture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in investments in agricultural technologies, focus on increasing agricultural output, and rising need to manage data on agricultural farms.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's precision agriculture market is segmented as below:

By Product

• Hardware
• Software and services

By Application

• Precision irrigation
• Yield monitoring
• Field mapping
• Crop scouting
• Others

By Technology

• Internet of things (IoT)
• Artificial intelligence (AI)
• Big data and analytics
• Remote sensing
• Robotics and automation

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the technological advances in precision agriculture as one of the prime reasons driving the precision agriculture market growth during the next few years. Also, increase in number of strategic alliances and rising influence of big data analytics on precision agriculture will lead to sizable demand in the market.

The report on the precision agriculture market covers the following areas:

• Precision Agriculture Market sizing
• Precision Agriculture Market forecast
• Precision Agriculture Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading precision agriculture market vendors that include AAA Taranis Visual Ltd., Abaco Spa, Ag Leader Technology, AGCO Corp., Agribotix, Carl Zeiss AG, CNH Industrial NV, CropX Technologies Ltd., Deere and Co., DICKEY john, Farmers Edge Inc., Hexagon AB, Iteris Inc., Kubota Corp., TeeJet Technologies, The Toro Co., Topcon Corp., Trimble Inc., and Yara International ASA. Also, the precision agriculture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more