Built to provide research that’s more actionable and strategically valuable, The Business Research Company’s 2026 market reports include market attractiveness analysis, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, broader supply chain intelligence, emerging startup tracking, and in-depth product insights.
#Internet of Things (IoT) in Agriculture Market Forecast: Value Set To Climb From $18.15 Billion To $27.89 Billion#_x000D_
The internet of things (IoT) in agriculture market has experienced substantial growth in its overall size over recent years. This market is projected to expand from $16.22 billion in 2025 to $18.15 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 11.9%. Historically, this expansion has been driven by factors such as the increasing adoption of mechanized farming practices, a rising need for real-time field monitoring, the expansion of commercial farming operations, improvements in rural connectivity infrastructure, and the growing use of farm management software._x000D_
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The internet of things (IoT) in agriculture market is poised for substantial expansion over the next few years, with projections indicating it will reach $27.89 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.3%. This projected growth stems from several factors, including an increased focus on sustainable agriculture practices, the growing adoption of AI-enabled farm analytics, the expansion of large-scale smart farms, a rising demand for resource optimization tools, and the increasing integration of IoT with autonomous farm equipment. Throughout the forecast period, significant trends are expected, such as the increasing deployment of smart farming sensors, a rise in data-driven crop monitoring, the growing use of connected livestock management systems, the expansion of cloud-based farm analytics platforms, and enhanced integration of IoT with precision agriculture._x000D_
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#Internet of Things (IoT) in Agriculture Market Opportunity Drivers: What’s Unlocking New Revenue Potential?#_x000D_
The escalating issue of climate change is set to drive the expansion of the IoT in the agriculture market moving forward. Climate change refers to long-term modifications in the average weather patterns traditionally observed in a particular region or globally. IoT in agriculture plays a critical role in addressing and adapting to the effects of climate change by providing farmers with actionable data, insights, and tools for more resilient and sustainable agricultural practices. For instance, in October 2023, a report from the World Health Organization (WHO), a Switzerland-based intergovernmental organization, highlighted that about 3.6 billion individuals resided in regions highly susceptible to the impacts of climate change by 2023. Projections further suggest that from 2030 to 2050, climate change will contribute to an estimated annual increase of approximately 250,000 deaths due to factors such as undernutrition, malaria, diarrhoea, and heat stress. As a result, the intensifying climate change is a key factor propelling the growth of the IoT in the agriculture market._x000D_
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#Internet of Things (IoT) in Agriculture Market Segment Landscape: Which Areas Lead Development?#_x000D_
The internet of things (iot) in agriculture market covered in this report is segmented – _x000D_
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1) By Component: Hardware, Software, Connectivity And Services_x000D_
2) By Type: Small Farms, Mid-Sized, Large_x000D_
3) By Application: Livestock Monitoring, Smart Greenhouse, Precision Forestry, Fish Farm Monitoring, Other Applications_x000D_
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Subsegments:_x000D_
1) By Hardware: Sensors, Actuators, Drones, GPS And Tracking Devices _x000D_
2) By Software: Farm Management Software, Data Analytics Platforms, IoT Platforms, Application Software _x000D_
3) By Connectivity And Services: Cellular Connectivity, Low Power Wide Area Network (LPWAN), Satellite Connectivity, Wi-Fi And Bluetooth, Consulting Services, System Integration Services, Maintenance And Support Services, Training Services _x000D_
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#Internet of Things (IoT) in Agriculture Market Innovation Trends Shaping Future Development#_x000D_
Leading enterprises within the IoT in the agriculture market are creating novel offerings, including advanced fertilizer technologies, to expand their customer reach, boost sales volumes, and grow their earnings. Fertilizer technology encompasses the scientific and engineering progress related to the creation, manufacturing, and use of fertilizers. An example of this is Enfarm Agritech, an agriculture technology firm located in Singapore, which introduced its smart fertilizer in October 2023. A key attribute of Enfarm Agritech’s smart fertilizer is its potential to lower farmers’ expenses on fertilizer and improve yields by up to 20 percent. This system employs sensors and IoT to continuously evaluate soil conditions, precisely identifying the ideal quantity of fertilizer required for coffee plantations. Furthermore, it delivers accurate irrigation advice tailored to particular soil types, incorporates weather data, provides insights for price forecasting, identifies pest and disease problems, and uses artificial intelligence to respond to farmers’ questions._x000D_
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#Internet of Things (IoT) in Agriculture Market Industry Leaders And Competitive Landscape#_x000D_
Major companies operating in the internet of things (iot) in agriculture market are Trimble Inc.; Deere & Company; AGCO Corporation; Topcon Positioning Systems Inc.; The Climate Corporation; AgJunction Inc.; DICKEY-john; Gamaya; AgriData Incorporated; AgEagle Aerial Systems Inc.; Grownetics Inc.; Auroras s.r.l.; Granular Inc.; Raven Industries Inc.; TELUS Agriculture Solutions Inc.; OnFarm Systems Inc.; Farmers Edge Inc.; SlantRange Inc.; TeeJet Technologies Pvt. Ltd.; Smartcultiva; AeroFarms; Crop Metrics; Ag Leader Technology; CropX Inc. _x000D_
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#Internet of Things (IoT) in Agriculture Market Geographic Landscape: Which Region Leads Industry Growth?#_x000D_
Asia-Pacific was the largest region in the internet of things (IoT) in agriculture market in 2025. The regions covered in the internet of things (iot) in agriculture market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
