Global Digital Agriculture Market Size Study, by Technology (Peripheral, Core), by Operation (Farming & Feeding, Monitoring & Scouting, Marketing & Demand Generation), by Type (Hardware, Software, Services), and Regional Forecasts 2022-2032

Global Digital Agriculture Market Size Study, by Technology (Peripheral, Core), by Operation (Farming & Feeding, Monitoring & Scouting, Marketing & Demand Generation), by Type (Hardware, Software, Services), and Regional Forecasts 2022-2032

The Global Digital Agriculture Market, valued at approximately USD 21.92 billion in 2023, is projected to achieve remarkable growth, reaching USD 53.40 billion by 2032 at a compound annual growth rate (CAGR) of 10.40% during the forecast period from 2024 to 2032. Digital agriculture, a paradigm shift in the farming sector, integrates advanced technologies such as IoT, AI, and data analytics to optimize agricultural practices. By enabling real-time monitoring, precision farming, and resource-efficient operations, this innovation ensures higher productivity and sustainability across the global food supply chain.

The rising global population and increasing food demand have necessitated the adoption of efficient and scalable farming solutions. Digital agriculture tools are transforming the traditional landscape by offering unparalleled precision in farming and feeding, better insights through monitoring and scouting, and streamlined operations in marketing and demand generation. With the integration of hardware, software, and services tailored to diverse needs, the market is witnessing a surge in demand for core technologies and peripheral solutions that bolster decision-making and resource allocation.

Despite its promising trajectory, challenges such as high initial investment costs, limited digital literacy among farmers in developing regions, and infrastructure constraints pose significant hurdles. However, governments and private stakeholders are actively addressing these barriers through supportive policies, funding, and awareness campaigns aimed at fostering digital transformation in agriculture. The increasing penetration of smartphones, coupled with enhanced connectivity in rural areas, is further driving adoption, creating fertile ground for market expansion.

North America currently leads the digital agriculture market, underpinned by its advanced technological ecosystem, substantial investment in R&D, and widespread adoption of precision farming practices. Europe follows closely, driven by stringent sustainability goals and robust agricultural innovation frameworks. Meanwhile, the Asia-Pacific region is anticipated to exhibit the fastest growth, fueled by increasing mechanization, government subsidies, and rising awareness about digital solutions in emerging economies such as India, China, and Indonesia.

Major market players included in this report are:
• John Deere
• Trimble Inc.
• AGCO Corporation
• BASF Digital Farming GmbH
• Syngenta Group
• CNH Industrial
• Raven Industries
• Hexagon Agriculture
• Yara International
• Bayer CropScience
• Granular Inc.
• Farmers Edge Inc.
• Climate Corporation
• Topcon Positioning Systems
• Taranis

The detailed segments and sub-segment of the market are explained below:

By Technology:
• Peripheral
• Core

By Operation:
• Farming & Feeding
• Monitoring & Scouting
• Marketing & Demand Generation

By Type:
• Hardware
• Software
• Services

By Region:

North America:
• U.S.
• Canada

Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America:
• Brazil
• Mexico

Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years considered for the study are as follows:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand-side and supply-side analysis of the market.

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