Agriculture IoT Technology Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Node (Connectivity IC, Logic Device, Memory Device, Processor, and Sensor), By Software Solution (Data Management, Network Bandwidth Management, Real-Time Streaming Analytics, Remote Monitoring, and Security Solution), By Platform (Application Management, Device Management, and Network Management), By Service (Managed Services and Professional Services), By Region, By Competition Forecast & Opportunities, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 8.51 Billion
CAGR (2026-2031)	8.26%
Fastest Growing Segment	Remote Monitoring
Largest Market	North America
Market Size (2031)	USD 13.70 Billion

Market Overview

The Global Agriculture IoT Technology Market will grow from USD 8.51 Billion in 2025 to USD 13.70 Billion by 2031 at a 8.26% CAGR. Agriculture IoT Technology comprises interconnected sensors, automated machinery, and data analytics platforms designed to monitor and optimize farming operations for enhanced sustainability and productivity. The market growth is primarily supported by the escalating global demand for food security, the necessity to maximize resource efficiency, and the urgent need to mitigate agricultural labor shortages through automation. According to the Association of Equipment Manufacturers, in 2025, the adoption of precision agriculture technologies drove a 5 percent increase in annual crop production within the United States.

However, the sector encounters a substantial obstacle that restricts widespread adoption across developing and remote regions. A significant challenge impeding market expansion is the inadequate connectivity infrastructure in rural areas, as reliable high-speed internet is essential for the continuous data transmission required by these digital systems to function effectively.

Key Market Drivers

Widespread adoption of precision agriculture and remote monitoring is fundamentally reshaping the market as producers seek to maximize yields while minimizing input costs. By deploying interconnected sensors and data analytics, farmers can precisely regulate irrigation, fertilization, and pest control, thereby optimizing resource usage and enhancing sustainability. This shift toward data-driven decision-making is evidenced by the increasing reliance on digital platforms to manage vast tracts of farmland. According to John Deere, January 2025, in the '2024 Business Impact Report', the company observed a year-over-year growth of 17 percent in the total number of acres actively utilizing its technology services, highlighting the rapid integration of these digital solutions into daily operations.

Concurrently, the intensifying shortage of skilled agricultural labor is accelerating the deployment of automated systems and IoT-enabled machinery. As the workforce ages and fewer individuals enter the sector, agricultural enterprises are compelled to invest in autonomous technologies to maintain productivity levels and bridge the human resource gap. This scarcity creates a critical dependency on robotics and remote monitoring tools to perform labor-intensive tasks such as harvesting and crop scouting. According to AgTech Tomorrow, January 2025, in the 'The Agriculture Labor Shortage' article, the United States agricultural industry confronted a deficit of approximately 2.4 million farm workers in 2024, a gap that necessitates technological intervention. Furthermore, the scale of digital engagement continues to expand globally; according to the GSMA, in 2024, 1 billion users utilized mobile technology to access agricultural services, underscoring the massive market potential for connected farming solutions.

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Key Market Challenges

The inadequate connectivity infrastructure in rural areas acts as a substantial impediment to the expansion of the Global Agriculture IoT Technology Market. IoT systems depend fundamentally on the seamless transmission of data between field sensors, cloud platforms, and automated machinery to execute precision farming tasks. In the absence of reliable high-speed internet, essential functions such as real-time soil monitoring and autonomous navigation fail to operate effectively. This connectivity gap undermines the core value of digital agriculture, rendering tools impractical for producers who require immediate data to manage resources and crop health efficiently.

This infrastructural deficit significantly limits the addressable market size, confining technology adoption primarily to areas with established networks while excluding vast agricultural zones in developing and remote regions. Technology providers consequently face higher barriers to entry, often necessitating costly technical workarounds to bridge the digital divide. According to the GSMA, in 2024, approximately 350 million people globally lived in areas completely devoid of mobile broadband coverage, with the overwhelming majority of these unconnected populations residing in rural locations. This persistent lack of digital access directly stalls the widespread deployment of IoT solutions, preventing the industry from capitalizing on the full potential of agricultural modernization.

Key Market Trends

Integration of Generative AI for Predictive Farming Operations is fundamentally advancing the market by enabling systems to simulate complex agricultural scenarios and generate actionable agronomic strategies. Unlike traditional analytics that merely interpret historical data, generative models analyze unstructured inputs to predict environmental shifts and optimize crop planning with high accuracy. This technological leap is driving rapid implementation across commercial operations seeking to mitigate risk through advanced predictive intelligence. According to Farmonaut, November 2025, in the 'AI Agriculture Adoption Statistics 2025' article, over 60 percent of large farms globally are projected to adopt AI-powered precision agriculture technologies by the end of the year. This high rate of uptake demonstrates the industry's pivot toward autonomous, algorithm-driven farm management systems.

Expansion of IoT Solutions in Controlled Environment Agriculture (CEA) is emerging as a critical trend to ensure production stability amidst increasing climate volatility. By deploying sophisticated IoT ecosystems within vertical farms and smart greenhouses, producers can fully automate microclimate regulation, lighting, and nutrient delivery, effectively decoupling crop quality from external weather conditions. This segment is attracting substantial capital as stakeholders recognize the commercial value of consistent, high-tech food systems. According to iGrow News, December 2024, in the 'Largest AgTech Funding Rounds of 2024' report, the vertical farming company Oishii secured $150 million in Series B funding to expand its automated indoor production capabilities. Such significant financial backing confirms the accelerating commercial validation of IoT-centric indoor farming models.

Segmental Insights

The Remote Monitoring segment is currently experiencing the fastest growth within the Global Agriculture IoT Technology Market due to the increasing demand for real-time field management. This expansion is primarily driven by the necessity to track soil moisture, crop health, and weather conditions without requiring physical presence, which significantly mitigates labor shortages and operational costs. Furthermore, support from entities such as the Food and Agriculture Organization regarding sustainable farming practices encourages the adoption of these solutions. Consequently, producers are prioritizing remote sensing tools to minimize resource wastage and improve decision-making processes for higher yields.

Regional Insights

North America maintains a dominant position in the Global Agriculture IoT Technology Market, driven by the widespread adoption of precision farming practices and robust telecommunications infrastructure. The region benefits significantly from favorable government initiatives, such as those led by the United States Department of Agriculture (USDA), which actively promote digital integration to enhance crop yields and sustainability. Additionally, the strong presence of key industry players facilitates the rapid deployment of remote sensing and data analytics solutions. This alignment of regulatory support and accessible technology establishes the region as the clear market leader.

Recent Developments

• In June 2025, CNH Industrial launched a new artificial intelligence-driven spraying technology known as SenseApply across its Case IH and New Holland equipment lines. This precision agriculture system integrated machine learning with advanced camera sensors to perform real-time crop analysis and automated application. The technology was engineered to detect specific targets, such as weeds against soil, and deliver precise doses of herbicides or fertilizers, significantly reducing chemical waste. This development represented a major step in the company's commitment to sustainable farming by embedding smart, data-centric capabilities directly into its sprayer machinery portfolio.
• In January 2025, Kubota North America unveiled a suite of autonomous and AI-driven technologies at the CES event, targeting the vineyard and orchard sectors. The company introduced the KATR, a multifunctional four-wheeled robot designed for stability on uneven terrain, which received industry recognition for its innovation. Additionally, the manufacturer presented the Smart Plant Imager, a system using robotics and hyperspectral imaging for real-time crop monitoring, and the Agri Concept 2.0, an electric tractor capable of autonomous tasks. These launches underscored the company's strategy to address labor shortages through advanced automation and data analytics in agriculture.
• In April 2024, AGCO Corporation completed a joint venture transaction with Trimble to form a new entity named PTx Trimble. This strategic collaboration combined Trimble’s agricultural technology portfolio with AGCO’s JCA Technologies to deliver factory-fit and retrofit solutions for the mixed-fleet precision agriculture market. Simultaneously, the company launched PTx, a comprehensive brand encompassing both the new joint venture and its existing Precision Planting business. The deal, valued at $2 billion, aimed to accelerate the company's technology transformation and provide farmers with compatible, data-driven tools across various machinery brands to optimize crop management.
• In January 2024, Deere & Company entered into a strategic agreement with SpaceX to provide satellite communications services to farmers via the Starlink network. This collaboration aimed to address rural connectivity challenges by enabling agricultural machinery to maintain reliable internet access in remote locations. The solution allowed farmers to fully utilize precision agriculture technologies, including autonomous operations, real-time data sharing, and remote diagnostics. By connecting machines to the company's digital operations center, the partnership sought to enhance productivity and operational efficiency for growers, ensuring that advanced digital farming tools could be deployed regardless of cellular signal availability.

Key Market Players

• Trimble Inc.
• Raven Industries Inc
• AGCO Corporation
• CNH Industrial NV
• Yara International ASA
• PrecisionHawk Inv
• AgJunction Inc
• John Deere
• Climate Corporation
• IBM Corporation

By Node	By Software Solution	By Platform	By Service	By Region
Connectivity IC Logic Device Memory Device Processor and Sensor	Data Management Network Bandwidth Management Real-Time Streaming Analytics Remote Monitoring and Security Solution	Application Management Device Management and Network Management	Managed Services and Professional Services	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Agriculture IoT Technology Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Agriculture IoT Technology Market, By Node:

• Connectivity IC
• Logic Device
• Memory Device
• Processor
• and Sensor

• Agriculture IoT Technology Market, By Software Solution:

• Data Management
• Network Bandwidth Management
• Real-Time Streaming Analytics
• Remote Monitoring
• and Security Solution

• Agriculture IoT Technology Market, By Platform:

• Application Management
• Device Management
• and Network Management

• Agriculture IoT Technology Market, By Service:

• Managed Services and Professional Services

• Agriculture IoT Technology Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE