Smart Agriculture Market Growth, Trends, Absolute Opportunity and Value Chain 2022-2030

Jul 18, 2022

The global smart agriculture market was valued at USD 15,390.2 million in 2020 to USD 29,234.6 million by 2027, at a CAGR of 9.7% from 2021 to 2027. Agriculture is one of the most important activities in most countries across the globe. It has evolved from a manual to a technology-based occupation in every aspect.

Moreover, smart agriculture services for farmers and land managers enable them better to manage the risks and impacts of climate change and undertake actions. Moreover, smart agriculture services help farmers decide the next steps to take with their farm operation and how technology provides data for better crop production at a low cost. Furthermore, services like consulting, support & maintenance, and others provide accuracy and precision, which are essential aspects of agriculture.

Thus, increased benefits for farmers and land managers to mitigate the risks and provide better crop production technology further boost the market’s growth.

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Video: Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game

Volatile markets. Unpredictable weather. Tight margins. Farming has never carried more risk—but now, you have smarter ways to protect your operation.
In this interview, Chris Corbett, Sales Manager at AGi3, breaks down a new generation of insurance solutions built specifically for today’s farm businesses: ForwardProtect — Protect your grain operation from the double hit of yield shortfalls and rising prices when forward contracts can’t be filled.
AgriEnhance — Take control of your crop risk plan with flexible yield coverage and whole-farm revenue protection tailored to your operation.
FarmElevate — A modern approach to farm insurance, combining deep ag expertise with advanced technology to protect your property, equipment, and liability.
These aren’t traditional policies—they’re strategic tools designed to protect your margins, stabilize cash flow, and give you confidence in uncertain markets.
If you’re serious about managing risk and protecting your bottom line, this is a must-watch.