Agriculture IoT Market Report 2026

Agriculture IoT Market Overview

• Agriculture IoT market size has reached to $16.67 billion in 2025 • Expected to grow to $27.5 billion in 2030 at a compound annual growth rate (CAGR) of 10.4% • Growth Driver: Surging Crop Production Fuels Expansion Of Agriculture IOT Market • Market Trend: Innovations in Agriculture IoT With Enhancing Crop Monitoring With Aftermarket Devices • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Agriculture IoT Market?

Agriculture IoT (Internet of Things) refers to using sensors, cameras, and other gadgets to convert every aspect and action related to farming into data. Agriculture IoT helps in creating large data sets from weather, moisture, plant health, mineral status, chemical applications, insect presence, and many other variables, enabling big data engineers to derive insights about the farm at various degrees of granularity using software algorithms. Agriculture IoT helps farmers use these data to decide how to plant, irrigate, harvest, and more. The main components of agriculture IoT are hardware, software, and connectivity and services. Hardware refers to IoT enabled tools used by farmers to maximize labor and boost productivity. The agriculture IoT hardware components include tools like sensors for soil, disease and pest indications, hydration, light conditions, humidity and temperature control, and light conditions. The hardware comprises of precision farming hardware, precision livestock hardware, precision aquaculture hardware, precision forestry hardware, smart greenhouses hardware, and others used in large, mid-sized, and small farms.

What Is The Agriculture IoT Market Growth Forecast?

The agriculture iot market size is expected to see rapid growth in the next few years. It will grow to $27.5 billion in 2030 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to growing adoption of ai-based agronomy insights, rising focus on resource-efficient farming, expansion of satellite and drone-based monitoring, increasing integration of iot with farm machinery, growing investments in smart agriculture ecosystems. Major trends in the forecast period include increasing deployment of smart farm sensor networks, rising adoption of data-driven crop management platforms, growing use of connected irrigation systems, expansion of real-time farm monitoring solutions, enhanced focus on predictive analytics in agriculture.

What Is The Driver Of The Agriculture IoT Market?

The growing crop production is expected to propel the growth of the agriculture IoT market going forward. Crop production refers to the process of growing, cultivating, and harvesting crops for various purposes, primarily for human consumption or for animal feed. Agriculture IoT is used in crop production to enhance efficiency, optimize resource utilization, increase productivity, and contribute to sustainable and environmentally friendly farming practices. For instance, in October 2023, according to the Press Information Bureau, an India-based nodal agency, total foodgrain production in India was estimated at 3296.87 Lakh tonnes in 2022-23, an increase of 140.71 Lakh tonnes from the previous year (3156.16 Lakh tonnes) and higher than the five-year average. Therefore, growing crop production is driving the growth of the agriculture IoT industry.

Key Players In The Global Agriculture IoT Market

Major companies operating in the agriculture iot market are Deere & Company; Topcon Positioning Systems Inc.; Trimble Inc.; Raven Industries Inc.; AgJunction Inc.; Farmers Edge Inc.; AgEagle Aerial Systems; The Climate Corporation; OnFarm Systems Inc.; SlantRange Inc.; TELUS Agriculture Solutions Inc.; Ag Leader Technology; Autonomous Solutions Inc.; BouMatic Robotic B.V.; Helium Systems Inc.; Myriota Pty Ltd.; FarmInsect Ltd.; Orbital Insight Inc.; M5Stack Technology Co. Ltd.; KisanHub Ltd.; Amber Agriculture Inc.; Arable Labs Inc.; Sencrop SAS

Global Agriculture IoT Market Trends and Insights

Major companies operating in the agriculture IoT market are focusing on developing innovative products, such as IoT-based aftermarket devices, to enhance crop monitoring and optimize resource management. IoT-based aftermarket devices are products that enhance existing agricultural equipment by enabling real-time data collection and analysis. They allow farmers to monitor performance and optimize operations without needing to replace entire systems. For instance, in March 2023 Mahindra And Mahindra's agritech division, Krish-e, an India-based manufacturing company, launched the Krish-e-Smart Kit for farm equipment, which offers numerous advantages for farmers and equipment owners. It enhances monitoring by providing real-time insights into tractor performance and usage, allowing for more efficient management and minimizing downtime. The kit also enables GPS tracking, geofencing, and alerts for unauthorized use, helping owners safeguard their machinery. Additionally, it supports rental operations by offering data-driven insights, ensuring optimal utilization and maintenance of farm equipment.

What Are Latest Mergers And Acquisitions In The Agriculture IoT Market?

In September 2024, CropX Inc., an Israel based agritech technology company, acquired EnGeniousAg for an undisclosed amount. With this acquisition, CropX aims to enhance its product portfolio by integrating advanced nitrogen sensing capabilities to bolster its agronomic management platform. EnGeniousAg LLC is a US based company that provides agriculture IoT solutions focused on nitrogen sensing technology.

What Defines the Agriculture IoT Market?

The agriculture IoT market includes revenues earned by entities by greenhouse automation, crop management, cattle monitoring, and monitoring climate conditions. The market value includes the value of related goods sold by the service provider or included within the service offering. The agriculture IoT market also includes sales of weeding robots, machine navigation, harvesting robotics, material handling machines, and agriculture drones. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Agriculture IoT Market Report 2026?

The agriculture iot market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the agriculture iot industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.