Precision Business Insights has published a report on the global digital agriculture market, estimating its value at USD 20,888 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 10.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/digital-agriculture-market
The use of cutting-edge technology like IoT, AI, big data analytics, drones, and remote sensing in agricultural operations is referred to as digital agriculture, smart farming, or e-agriculture. To maximize crop yields, resource use, and supply chain efficiency, it allows farmers and agribusinesses to gather, examine, and act upon real-time data.
Drivers:
- Technologies like GPS-guided equipment, variable rate technology (VRT), and AI-driven analytics improve productivity and reduce input waste.
- Digital agriculture helps mitigate risks from unpredictable weather, droughts, and floods through predictive modeling and smart irrigation systems.
The global digital agriculture market segmentation:
1) By Infrastructure: Sensing & Monitoring, Communication Technology, Cloud & Data Processing, Others
2) By Technology: AI/ML, IoT, Blockchain, Data & Analytics, Others
3) By Application: Yield Monitoring and Mapping, Smart Crop Monitoring, Soil & Fertilizer Management, Weather Forecasting, Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the digital agriculture market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the digital agriculture market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Kubota Corporation, Agjunction Inc, AGCO Corporation, Deere & Company, Hexagon AB, Trimble, IBM Corporation, Raven Industries, Topcon Positioning Systems, Gamaya SA
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