Agriculture IoT Global Market Report 2026

Agriculture IoT (Internet of Things) involves the deployment of sensors, cameras, and various devices to transform every aspect and activity related to farming into actionable data. It plays a pivotal role in generating extensive datasets encompassing variables such as weather conditions, moisture levels, plant health, mineral status, chemical applications, insect presence, and more. These datasets empower big data engineers to extract insights about the farm at different levels of granularity through the utilization of software algorithms. Agriculture IoT enables farmers to leverage this data for informed decision-making regarding planting, irrigation, harvesting, and other agricultural practices.

The key components of agriculture IoT include hardware, software, and connectivity and services. Hardware in agriculture IoT refers to IoT-enabled tools that empower farmers to optimize labor and enhance productivity. This hardware comprises sensors for monitoring soil conditions, disease and pest indicators, hydration levels, light conditions, humidity and temperature controls, and other relevant factors. The hardware encompasses precision farming hardware, precision livestock hardware, precision aquaculture hardware, precision forestry hardware, smart greenhouse hardware, and other tools suitable for deployment in large, mid-sized, and small farms.

Tariffs are impacting the agriculture iot market by increasing costs of imported sensors, connectivity modules, gateways, drones, and electronic components required for smart farming deployments. Farmers and agri-tech providers in North America and Europe are most affected due to reliance on imported hardware, while Asia-Pacific faces higher production costs for iot devices and exports. These tariffs are raising solution prices and slowing adoption among small farms. However, they are also encouraging domestic electronics manufacturing, regional innovation in low-cost sensors, and increased development of software-centric agriculture iot platforms.

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

The agriculture iot market size has grown rapidly in recent years. It will grow from $16.67 billion in 2025 to $18.52 billion in 2026 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increasing smartphone penetration among farmers, expansion of precision agriculture practices, availability of low-cost sensors, growth of digital farming initiatives, improvements in rural connectivity infrastructure.

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.

The rising crop production is expected to drive the growth of the agriculture IoT market in the coming years. Crop production involves the cultivation, growth, and harvesting of crops for purposes such as human consumption or animal feed. Agriculture IoT is applied in crop production to improve efficiency, optimize resource use, increase productivity, and support sustainable and environmentally friendly farming practices. For example, in October 2023, the Press Information Bureau, an India-based nodal agency, reported that total foodgrain production in India reached 3,296.87 lakh tonnes in 2022-23, up by 140.71 lakh tonnes from the previous year (3,156.16 lakh tonnes) and higher than the five-year average. Thus, the growth in crop production is propelling the agriculture IoT market.

Major companies in the agriculture IoT market are focusing on developing innovative products, such as IoT-based aftermarket devices, to improve crop monitoring and optimize resource management. IoT-based aftermarket devices enhance existing agricultural equipment by enabling real-time data collection and analysis, allowing farmers to monitor performance and optimize operations without replacing 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, providing multiple benefits for farmers and equipment owners. The kit enhances monitoring by offering real-time insights into tractor performance and usage, improving efficiency and reducing downtime. It also includes GPS tracking, geofencing, and alerts for unauthorized use, helping owners safeguard machinery. Additionally, it supports rental operations by providing data-driven insights to ensure optimal utilization and maintenance of farm equipment.

In September 2024, CropX Inc., an Israel-based agritech technology company, acquired EnGeniousAg for an undisclosed amount. Through this acquisition, CropX aims to strengthen its product portfolio by integrating advanced nitrogen sensing capabilities into its agronomic management platform. EnGeniousAg LLC is a US-based company specializing in agriculture IoT solutions focused on nitrogen sensing technology.

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

North America was the largest region in the agriculture IoT market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agriculture iot market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the agriculture iot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

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.

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.

Agriculture IoT Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses agriculture iot market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for agriculture iot ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The agriculture iot market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Component type: Hardware; Software; Connectivity And Services
• 2) By Farm Type: Large; Mid-Sized; Small Farms
• 3) By Application: Precision Farming; Livestock Monitoring And Management; Crop Health And Disease Monitoring; Supply Chain And Traceability; Weather And Environmental Monitoring
• Subsegments:
• 1) By Hardware: Sensors; Actuators; Drones; RFID Tags
• 2) By Software: Data Analytics Platforms; Farm Management Software; Monitoring And Control Software
• 3) By Connectivity And Services: Cellular And LPWAN Connectivity; Satellite Communication Services; IoT Platform Integration Services; Maintenance And Support Services
• Companies Mentioned: 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
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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