Global IoT in Agriculture Market Research Report 2023

The Internet of Things (IoT) has the capability to transform the world we live in. The application of technology like IoT in agriculture could have the greatest impact.

The global IoT in Agriculture market was valued at US$ 21710 million in 2022 and is anticipated to reach US$ 52700 million by 2029, witnessing a CAGR of 15.9% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for IoT in Agriculture is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for IoT in Agriculture is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for IoT in Agriculture in Precision Crop Farming is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of IoT in Agriculture include AGCO, John Deere, DeLaval, Afimilk, Trimble, Raven Industries, Topcon Positioning Systems, Hexagon Agriculture and Ag Leader Technology, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for IoT in Agriculture, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT in Agriculture.

The IoT in Agriculture market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global IoT in Agriculture market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the IoT in Agriculture companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global IoT in Agriculture Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Sensing

1.2.3 Communication

1.2.4 Cloud Computing

1.2.5 Data Management

1.3 Market by Application

1.3.1 Global IoT in Agriculture Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Precision Crop Farming

1.3.3 Indoor Farming

1.3.4 Livestock Monitoring

1.3.5 Aquaculture

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global IoT in Agriculture Market Perspective (2018-2029)

2.2 IoT in Agriculture Growth Trends by Region

2.2.1 Global IoT in Agriculture Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 IoT in Agriculture Historic Market Size by Region (2018-2023)

2.2.3 IoT in Agriculture Forecasted Market Size by Region (2024-2029)

2.3 IoT in Agriculture Market Dynamics

2.3.1 IoT in Agriculture Industry Trends

2.3.2 IoT in Agriculture Market Drivers

2.3.3 IoT in Agriculture Market Challenges

2.3.4 IoT in Agriculture Market Restraints

3.1 Global Top IoT in Agriculture Players by Revenue

3.1.1 Global Top IoT in Agriculture Players by Revenue (2018-2023)

3.1.2 Global IoT in Agriculture Revenue Market Share by Players (2018-2023)

3.2 Global IoT in Agriculture Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by IoT in Agriculture Revenue

3.4 Global IoT in Agriculture Market Concentration Ratio

3.4.1 Global IoT in Agriculture Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by IoT in Agriculture Revenue in 2022

3.5 IoT in Agriculture Key Players Head office and Area Served

3.6 Key Players IoT in Agriculture Product Solution and Service

3.7 Date of Enter into IoT in Agriculture Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global IoT in Agriculture Historic Market Size by Type (2018-2023)

4.2 Global IoT in Agriculture Forecasted Market Size by Type (2024-2029)

5.1 Global IoT in Agriculture Historic Market Size by Application (2018-2023)

5.2 Global IoT in Agriculture Forecasted Market Size by Application (2024-2029)

6.1 North America IoT in Agriculture Market Size (2018-2029)

6.2 North America IoT in Agriculture Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America IoT in Agriculture Market Size by Country (2018-2023)

6.4 North America IoT in Agriculture Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe IoT in Agriculture Market Size (2018-2029)

7.2 Europe IoT in Agriculture Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe IoT in Agriculture Market Size by Country (2018-2023)

7.4 Europe IoT in Agriculture Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific IoT in Agriculture Market Size (2018-2029)

8.2 Asia-Pacific IoT in Agriculture Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific IoT in Agriculture Market Size by Region (2018-2023)

8.4 Asia-Pacific IoT in Agriculture Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America IoT in Agriculture Market Size (2018-2029)

9.2 Latin America IoT in Agriculture Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America IoT in Agriculture Market Size by Country (2018-2023)

9.4 Latin America IoT in Agriculture Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa IoT in Agriculture Market Size (2018-2029)

10.2 Middle East & Africa IoT in Agriculture Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa IoT in Agriculture Market Size by Country (2018-2023)

10.4 Middle East & Africa IoT in Agriculture Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 AGCO

11.1.1 AGCO Company Detail

11.1.2 AGCO Business Overview

11.1.3 AGCO IoT in Agriculture Introduction

11.1.4 AGCO Revenue in IoT in Agriculture Business (2018-2023)

11.1.5 AGCO Recent Development

11.2 John Deere

11.2.1 John Deere Company Detail

11.2.2 John Deere Business Overview

11.2.3 John Deere IoT in Agriculture Introduction

11.2.4 John Deere Revenue in IoT in Agriculture Business (2018-2023)

11.2.5 John Deere Recent Development

11.3 DeLaval

11.3.1 DeLaval Company Detail

11.3.2 DeLaval Business Overview

11.3.3 DeLaval IoT in Agriculture Introduction

11.3.4 DeLaval Revenue in IoT in Agriculture Business (2018-2023)

11.3.5 DeLaval Recent Development

11.4 Afimilk

11.4.1 Afimilk Company Detail

11.4.2 Afimilk Business Overview

11.4.3 Afimilk IoT in Agriculture Introduction

11.4.4 Afimilk Revenue in IoT in Agriculture Business (2018-2023)

11.4.5 Afimilk Recent Development

11.5 Trimble

11.5.1 Trimble Company Detail

11.5.2 Trimble Business Overview

11.5.3 Trimble IoT in Agriculture Introduction

11.5.4 Trimble Revenue in IoT in Agriculture Business (2018-2023)

11.5.5 Trimble Recent Development

11.6 Raven Industries

11.6.1 Raven Industries Company Detail

11.6.2 Raven Industries Business Overview

11.6.3 Raven Industries IoT in Agriculture Introduction

11.6.4 Raven Industries Revenue in IoT in Agriculture Business (2018-2023)

11.6.5 Raven Industries Recent Development

11.7 Topcon Positioning Systems

11.7.1 Topcon Positioning Systems Company Detail

11.7.2 Topcon Positioning Systems Business Overview

11.7.3 Topcon Positioning Systems IoT in Agriculture Introduction

11.7.4 Topcon Positioning Systems Revenue in IoT in Agriculture Business (2018-2023)

11.7.5 Topcon Positioning Systems Recent Development

11.8 Hexagon Agriculture

11.8.1 Hexagon Agriculture Company Detail

11.8.2 Hexagon Agriculture Business Overview

11.8.3 Hexagon Agriculture IoT in Agriculture Introduction

11.8.4 Hexagon Agriculture Revenue in IoT in Agriculture Business (2018-2023)

11.8.5 Hexagon Agriculture Recent Development

11.9 Ag Leader Technology

11.9.1 Ag Leader Technology Company Detail

11.9.2 Ag Leader Technology Business Overview

11.9.3 Ag Leader Technology IoT in Agriculture Introduction

11.9.4 Ag Leader Technology Revenue in IoT in Agriculture Business (2018-2023)

11.9.5 Ag Leader Technology Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global IoT in Agriculture Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Sensing

    Table 3. Key Players of Communication

    Table 4. Key Players of Cloud Computing

    Table 5. Key Players of Data Management

    Table 6. Global IoT in Agriculture Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global IoT in Agriculture Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global IoT in Agriculture Market Size by Region (2018-2023) & (US$ Million)

    Table 9. Global IoT in Agriculture Market Share by Region (2018-2023)

    Table 10. Global IoT in Agriculture Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 11. Global IoT in Agriculture Market Share by Region (2024-2029)

    Table 12. IoT in Agriculture Market Trends

    Table 13. IoT in Agriculture Market Drivers

    Table 14. IoT in Agriculture Market Challenges

    Table 15. IoT in Agriculture Market Restraints

    Table 16. Global IoT in Agriculture Revenue by Players (2018-2023) & (US$ Million)

    Table 17. Global IoT in Agriculture Market Share by Players (2018-2023)

    Table 18. Global Top IoT in Agriculture Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in IoT in Agriculture as of 2022)

    Table 19. Ranking of Global Top IoT in Agriculture Companies by Revenue (US$ Million) in 2022

    Table 20. Global 5 Largest Players Market Share by IoT in Agriculture Revenue (CR5 and HHI) & (2018-2023)

    Table 21. Key Players Headquarters and Area Served

    Table 22. Key Players IoT in Agriculture Product Solution and Service

    Table 23. Date of Enter into IoT in Agriculture Market

    Table 24. Mergers & Acquisitions, Expansion Plans

    Table 25. Global IoT in Agriculture Market Size by Type (2018-2023) & (US$ Million)

    Table 26. Global IoT in Agriculture Revenue Market Share by Type (2018-2023)

    Table 27. Global IoT in Agriculture Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 28. Global IoT in Agriculture Revenue Market Share by Type (2024-2029)

    Table 29. Global IoT in Agriculture Market Size by Application (2018-2023) & (US$ Million)

    Table 30. Global IoT in Agriculture Revenue Market Share by Application (2018-2023)

    Table 31. Global IoT in Agriculture Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 32. Global IoT in Agriculture Revenue Market Share by Application (2024-2029)

    Table 33. North America IoT in Agriculture Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 34. North America IoT in Agriculture Market Size by Country (2018-2023) & (US$ Million)

    Table 35. North America IoT in Agriculture Market Size by Country (2024-2029) & (US$ Million)

    Table 36. Europe IoT in Agriculture Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 37. Europe IoT in Agriculture Market Size by Country (2018-2023) & (US$ Million)

    Table 38. Europe IoT in Agriculture Market Size by Country (2024-2029) & (US$ Million)

    Table 39. Asia-Pacific IoT in Agriculture Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 40. Asia-Pacific IoT in Agriculture Market Size by Region (2018-2023) & (US$ Million)

    Table 41. Asia-Pacific IoT in Agriculture Market Size by Region (2024-2029) & (US$ Million)

    Table 42. Latin America IoT in Agriculture Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 43. Latin America IoT in Agriculture Market Size by Country (2018-2023) & (US$ Million)

    Table 44. Latin America IoT in Agriculture Market Size by Country (2024-2029) & (US$ Million)

    Table 45. Middle East & Africa IoT in Agriculture Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 46. Middle East & Africa IoT in Agriculture Market Size by Country (2018-2023) & (US$ Million)

    Table 47. Middle East & Africa IoT in Agriculture Market Size by Country (2024-2029) & (US$ Million)

    Table 48. AGCO Company Detail

    Table 49. AGCO Business Overview

    Table 50. AGCO IoT in Agriculture Product

    Table 51. AGCO Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 52. AGCO Recent Development

    Table 53. John Deere Company Detail

    Table 54. John Deere Business Overview

    Table 55. John Deere IoT in Agriculture Product

    Table 56. John Deere Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 57. John Deere Recent Development

    Table 58. DeLaval Company Detail

    Table 59. DeLaval Business Overview

    Table 60. DeLaval IoT in Agriculture Product

    Table 61. DeLaval Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 62. DeLaval Recent Development

    Table 63. Afimilk Company Detail

    Table 64. Afimilk Business Overview

    Table 65. Afimilk IoT in Agriculture Product

    Table 66. Afimilk Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 67. Afimilk Recent Development

    Table 68. Trimble Company Detail

    Table 69. Trimble Business Overview

    Table 70. Trimble IoT in Agriculture Product

    Table 71. Trimble Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 72. Trimble Recent Development

    Table 73. Raven Industries Company Detail

    Table 74. Raven Industries Business Overview

    Table 75. Raven Industries IoT in Agriculture Product

    Table 76. Raven Industries Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 77. Raven Industries Recent Development

    Table 78. Topcon Positioning Systems Company Detail

    Table 79. Topcon Positioning Systems Business Overview

    Table 80. Topcon Positioning Systems IoT in Agriculture Product

    Table 81. Topcon Positioning Systems Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 82. Topcon Positioning Systems Recent Development

    Table 83. Hexagon Agriculture Company Detail

    Table 84. Hexagon Agriculture Business Overview

    Table 85. Hexagon Agriculture IoT in Agriculture Product

    Table 86. Hexagon Agriculture Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 87. Hexagon Agriculture Recent Development

    Table 88. Ag Leader Technology Company Detail

    Table 89. Ag Leader Technology Business Overview

    Table 90. Ag Leader Technology IoT in Agriculture Product

    Table 91. Ag Leader Technology Revenue in IoT in Agriculture Business (2018-2023) & (US$ Million)

    Table 92. Ag Leader Technology Recent Development

    Table 93. Research Programs/Design for This Report

    Table 94. Key Data Information from Secondary Sources

    Table 95. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global IoT in Agriculture Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global IoT in Agriculture Market Share by Type: 2022 VS 2029

    Figure 3. Sensing Features

    Figure 4. Communication Features

    Figure 5. Cloud Computing Features

    Figure 6. Data Management Features

    Figure 7. Global IoT in Agriculture Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 8. Global IoT in Agriculture Market Share by Application: 2022 VS 2029

    Figure 9. Precision Crop Farming Case Studies

    Figure 10. Indoor Farming Case Studies

    Figure 11. Livestock Monitoring Case Studies

    Figure 12. Aquaculture Case Studies

    Figure 13. IoT in Agriculture Report Years Considered

    Figure 14. Global IoT in Agriculture Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 15. Global IoT in Agriculture Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 16. Global IoT in Agriculture Market Share by Region: 2022 VS 2029

    Figure 17. Global IoT in Agriculture Market Share by Players in 2022

    Figure 18. Global Top IoT in Agriculture Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in IoT in Agriculture as of 2022)

    Figure 19. The Top 10 and 5 Players Market Share by IoT in Agriculture Revenue in 2022

    Figure 20. North America IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. North America IoT in Agriculture Market Share by Country (2018-2029)

    Figure 22. United States IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Canada IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe IoT in Agriculture Market Share by Country (2018-2029)

    Figure 26. Germany IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. France IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. U.K. IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Italy IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Russia IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Nordic Countries IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific IoT in Agriculture Market Share by Region (2018-2029)

    Figure 34. China IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Japan IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. South Korea IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Southeast Asia IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. India IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Australia IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America IoT in Agriculture Market Share by Country (2018-2029)

    Figure 42. Mexico IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Brazil IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa IoT in Agriculture Market Share by Country (2018-2029)

    Figure 46. Turkey IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Saudi Arabia IoT in Agriculture Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. AGCO Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 49. John Deere Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 50. DeLaval Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 51. Afimilk Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 52. Trimble Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 53. Raven Industries Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 54. Topcon Positioning Systems Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 55. Hexagon Agriculture Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 56. Ag Leader Technology Revenue Growth Rate in IoT in Agriculture Business (2018-2023)

    Figure 57. Bottom-up and Top-down Approaches for This Report

    Figure 58. Data Triangulation

    Figure 59. Key Executives Interviewed