Agriculture IoT Market Size, Share And Trends Analysis Report, 2030

In addition, the growing integration of artificial intelligence (AI) and machine learning with IoT systems is anticipated to enhance predictive analytics capabilities, allowing for more informed decision-making in farming operations, which is expected to present lucrative opportunities for the agriculture IoT industry in the coming years.

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Component Insights

The hardware segment recorded the largest revenue share of over 56% in 2024. This growth is driven by the increasing demand for real-time data collection and monitoring solutions that enhance operational efficiency. Farmers are adopting various IoT devices, including sensors, drones, and automated machinery, to gather critical information on soil moisture, crop health, and environmental conditions.

Deployment Insights

The on-premises segment accounted for the largest revenue share in 2024, primarily driven by the need for reliable data management and operational continuity in areas with limited internet connectivity. Many rural and remote farms face challenges with unstable or slow internet access, making on-premises deployments essential for ensuring that agricultural operations can function without relying on external cloud services.

Connectivity Insights

The cellular segment accounted for the largest revenue share in 2024, primarily driven by its ability to provide reliable and wide-ranging communication for IoT devices deployed in remote farming areas.

Application Insights

The precision farming segment accounted for the largest revenue share in 2024, driven by the need for optimal resource utilization and real-time monitoring of crops. As global food demand continues to rise, farmers increasingly adopt IoT technologies such as sensors and drones to gather critical data on soil conditions, moisture levels, and crop health.

Farm Type Insights

The large segment accounted for the largest revenue share in 2024, primarily driven by the need for enhanced efficiency and productivity to meet the demands of a growing global population. Large-scale farms are increasingly adopting precision farming technologies that utilize IoT devices like sensors and drones to collect and analyze data on soil health, crop conditions, and resource usage.

Regional Insights

North America’s agriculture IoT market is expected to grow at a CAGR of over 13% from 2025 to 2030, driven by a rising demand for precision agriculture, which leverages IoT technologies to enhance farming efficiency and productivity in response to growing global food needs. Moreover, continuous advancements in IoT technology, including more affordable sensors and data analytics tools, make it easier for farmers to adopt these solutions, thereby propelling market growth as technology becomes increasingly accessible.

Key Agriculture IoT Companies:

The following are the leading companies in the agriculture IoT market. These companies collectively hold the largest market share and dictate industry trends.

• Deere & Company
• Trimble Inc.
• Raven Industries, Inc.
• AGCO Corporation
• Topcon Positioning Systems, Inc.
• Blue River Technology
• Valmont Industries, Inc.
• FarmWise Labs
• Cropin
• Agrostar

Global Agriculture IoT Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest technology trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global agriculture IoT market report based on component, deployment, connectivity, application, farm type, and region:

• Component Outlook (Revenue, USD Billion, 2018 – 2030)

  • Hardware

  • Software

  • Services

• Deployment Outlook (Revenue, USD Billion, 2018 – 2030)

  • On-premise

  • Cloud

• Connectivity Outlook (Revenue, USD Billion, 2018 – 2030)

  • Wi-Fi

  • Bluetooth

  • Cellular

  • Others

• Application Outlook (Revenue, USD Billion, 2018 – 2030)

  • Precision Farming

  • Livestock Monitoring

  • Smart Greenhouse

  • Aquaculture

  • Others

• Farm Type Outlook (Revenue, USD Billion, 2018 – 2030)

  • Large

  • Mid-sized

  • Small

• Regional Outlook (Revenue, USD Billion, 2018 – 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

  • Latin America

    • Brazil

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

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