Global Internet of Things (IoT) in Agriculture Market to 2032

Overview

The Global Internet of Things (IoT) in Agriculture Market is expected to reach a 26.07 USD Billion by 2032 and is projected to grow at a CAGR of 18.63% from 2025 to 2032.

Revenue, 2024 (USD Billion)

7.89

Forecast, 2032 (USD Billion)

26.07

CAGR, 2024 - 2032

18.63%

Report Coverage

Global

Global Internet of Things (IoT) in Agriculture Market 2018-2032 USD Billion

Global Internet of Things (IoT) in Agriculture Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 7.89 USD Billion
Projected Market Size (2032): 26.07 USD Billion
CAGR (2025-2032): 18.63%

Key Findings of Global Internet of Things (IoT) in Agriculture Market

The Global Internet of Things (IoT) in Agriculture Market was valued at 7.89 USD Billion in 2024.
The Global Internet of Things (IoT) in Agriculture Market is likely to grow at a CAGR of 18.63% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Hardware in Offering Segment accounted for the largest share of the market with a revenue of 5.65 USD Billion
The fastest growing segment Wi-Fi in Connectivity Segment grew Fastest with a CAGR of 19.44% during the forecast period from 2024 to 2032.

Global Internet of Things (IoT) in Agriculture Market Scope

Global Internet of Things (IoT) in Agriculture Market Segmentation & Scope

Agriculture Type

Others
Fish Farm Monitoring
Smart Greenhouse
Dairy & Livestock Monitoring
Precision Forestry
Precision Farming

Distribution

D2C
Dealers

Farm Size

Medium-Sized Farms
Small Farms
Large Farms

Connectivity

Zigbee
RF Technology
Others
Bluetooth
Wi-Fi

Offering

Services
Hardware

Global Internet of Things (IoT) in Agriculture Market Data Coverage Insights

Study Period	2024-2032
Base Year	2023
Unit	Revenue in USD Billion
Market Value in 2024	7.89 USD Billion
Market Value in 2032	26.07 USD Billion
CAGR (2025-2032)	18.63%
Historic Data	2016-2023
Market Segments Covered	Agriculture Type,Distribution,Farm Size,Connectivity,Offering

Regional Insights:

Leading Market (2024-2032): Global, leading in terms of revenue 7.89 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 2,062.55 USD Million in 2024.

Segments and Scope

Global Internet of Things (IoT) in Agriculture Market to 2032, By Agriculture Type
- Precision Farming is the largest segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 2.91 USD Billion in the year 2024.
- Precision Farming is the Fastest growing segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 19.24 % in forecast period 2025-2032.
Global Internet of Things (IoT) in Agriculture Market to 2032, By Distribution
- Dealers is the largest segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 5.43 USD Billion in the year 2024.
- Dealers is the Fastest growing segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 18.95 % in forecast period 2025-2032.
Global Internet of Things (IoT) in Agriculture Market to 2032, By Farm Size
- Large Farms is the largest segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 3.45 USD Billion in the year 2024.
- Large Farms is the Fastest growing segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 19.27 % in forecast period 2025-2032.
Global Internet of Things (IoT) in Agriculture Market to 2032, By Connectivity
- Wi-Fi is the largest segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 2.99 USD Billion in the year 2024.
- Wi-Fi is the Fastest growing segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 19.44 % in forecast period 2025-2032.
Global Internet of Things (IoT) in Agriculture Market to 2032, By Offering
- Hardware is the largest segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 5.65 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Global Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 18.92 % in forecast period 2025-2032.

Global Internet of Things (IoT) in Agriculture Market Company Share Analysis

Company Name
Topcon
Hexagon AB
AgEagle Aerial Systems Inc
hylio
AKVA group

Global Internet of Things (IoT) in Agriculture Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Internet of Things (IoT) in Agriculture Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Global Internet of Things (IoT) in Agriculture Market?

The Global Internet of Things (IoT) in Agriculture Market is segmented based on Segmentation Agriculture Type,Distribution,Farm Size,Connectivity,Offering.

What is the current market size of the Global Internet of Things (IoT) in Agriculture Market?

Global Internet of Things (IoT) in Agriculture Market was valued at USD 7.89(Revenue in USD Billion) in 2023.

What is the expected growth rate of the Global Internet of Things (IoT) in Agriculture Market?

Global Internet of Things (IoT) in Agriculture Market is projected to grow at a CAGR of 18.63% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Global Internet of Things (IoT) in Agriculture Market?

The Hardware segment is expected to dominate the Global Internet of Things (IoT) in Agriculture Market, holding a largest market share of 5.65 USD Billion in 2024