Global Digital Agriculture Market Size, Opportunities, And Trends, By Type (Crop Monitoring, Artificial Intelligence, Precision Farming), By Applications (Field Mapping, Crop Scouting, Weather Tracking, Drone Analytics, Financial Management, Farm Inventory Management, Others), And By Geography - Forecasts From 2025 To 2030

The digital agriculture market is projected to grow at a CAGR of 8.83% between 2025 to 2030.

Digital agriculture is known as the use of novel, advanced, and innovative technologies, integrated into one specific system or software, to allow various stakeholders such as farmers, researchers, and others, that are working within the agriculture system or a value chain, to enhance their crop yield and food production. The market is expected to grow during the forecast period owing to a significant rise in the concerns towards food security and nutritional values as these are expected to pave the way for an ample number of opportunities for market growth in the coming years.  Moreover, a significant number of investments are being made in the sector owing to the rising consumer demands

Rising concerns towards increased crop productivity and increasing pressure towards increasing crop health

The market for digital agriculture is expected to be driven by the rise in the concerns attributed to increased crop productivity and improving crop health. This is due to a significant rise in the awareness amongst the end consumers for healthier alternatives. This has resulted in a rise in the pressure amongst the farmers to more and healthier food and animal feed whilst consuming a lesser amount of chemicals. IoT will play an imperative role in the growth of the digital agriculture market as it provides a finer method to control and measure growth factors such as soil and water conservation, irrigation, and proper usage of fertilizers and pesticides on a farm and agricultural land. Certain IoT tools are registering a significant demand in the market. GPS devices on tractors are gradually becoming popular in the digital market space, as they enable farmers to plant and cultivate crops in an efficient manner and it also saves and analyses travel time between different fields, which helps in the conservation of fuel and time.

INCREASING USAGE OF Crop monitoring

The crop monitoring system is a system that allows farmers to perform real-time crop vegetation index monitoring by analyzing satellite images of different crops and fields so as to determine both negative and positive development of the crops. By getting the different vegetation indexes of a farm over a period of time, the farmer is able to determine whether there is an improvement in the farm or whether there is a deterioration in the farm. From this analysis, the farmer is able to take any corrective measures that may be needed on the farm. Moreover, performing crop monitoring through satellites is found to be reliable since it accommodates regular revisit rates, produces consistent and accurate data, and also offers wide land coverage.

The UNITED STATES to have a major share

The United States agriculture sector stretches beyond the farm-related business to include a plethora of farm-related industries. According to the report given by the United States Department of Agriculture in the year 2019, agriculture, food, and other related industries contributed approx. US$1.109 trillion to the country’s gross domestic product, a total of approx. 5.2% share. The United States government has been spending a significant sum of capital on research and development related to precision and digital agriculture. In September 2020, the National Science Foundation and other government organizations announced that it would provide US$140 million to around seven NSF- led artificial intelligence institutes, intending to focus on precision and digital farming, and other critical industries. Major companies have been investing a significant sum of capital into the United States digital agriculture market. For instance, in July 2020, Netafim USA, a subsidiary of Netafim Ltd, announced a partnership with Sentek Technologies, intending to distribute Sentek's line of soil moisture sensors. The agreement would help Netafim to equip American growers with complete digital farming solutions. IBM is also making significant developments in the market. The company provides agricultural data and weather API solutions to farmers in the United States. By the combination of IoT, artificial intelligence, and predictive analysis, the stakeholders across the agriculture and farming business in the United States, could gain insights into potential problems and expected crop yields.

Segmentation:

• By Type
  • Crop monitoring
  • Artificial Intelligence
  • Precision farming
• By Application
  • Field Mapping
  • Crop scouting
  • Weather tracking
  • Drone analytics
  • Financial Management
  • Farm inventory management
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • Spain
    • UK
    • France
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • Others
  • Asia Pacific
    • China
    • Japan
    • Australia
    • India
    • Others

IBM Corporation

Microsoft Corporation

HummingBird Technologies

AGCO Corporation

Gamaya SA

Bayer CropScience AG

Deere & Company

Easytosee Agtech

Small Robot Company

Raven Industries