Farms.com Home   News

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

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.

Click here to see more...

Trending Video

2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

Video: 2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
Crude oil breaking lower technically on news of a peace deal with Iran.
Elon Musk is now a trillionaire with the debut of the SpaceX IPO today!
Markets pricing in a 2026 U.S. corn yield at 187 bpa with the worst start to June in 50+ years on non-threatening weather that remains a “wild card".
El Nino has arrived according to CPC.
U.S. wholesale Gulf urea prices plunged 81.3%.
The spreading of screwworm in the U.S. is BULLISH cattle long-term.
+ CFTC fund flow.