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

Overview

The Malaysia Internet of Things (IoT) in Agriculture Market is expected to reach a 297.70 USD Million by 2032 and is projected to grow at a CAGR of 18.34% from 2025 to 2032.

Revenue, 2024 (USD Million)
91.58
Forecast, 2032 (USD Million)
297.70
CAGR, 2024 - 2032
18.34%
Report Coverage
Malaysia

Malaysia Internet of Things (IoT) in Agriculture Market 2018-2032 USD Million

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

Market Growth and Projections:

  • Market Size (2024): 91.58 USD Million
  • Projected Market Size (2032): 297.70 USD Million
  • CAGR (2025-2032): 18.34%

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

  • The Malaysia Internet of Things (IoT) in Agriculture Market was valued at 91.58 USD Million in 2024.
  • The Malaysia Internet of Things (IoT) in Agriculture Market is likely to grow at a CAGR of 18.34% 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 67.70 USD Million
  • The fastest growing segment Wi-Fi in Connectivity Segment grew Fastest with a CAGR of 19.00% during the forecast period from 2024 to 2032.

Malaysia Internet of Things (IoT) in Agriculture Market Scope

Malaysia Internet of Things (IoT) in Agriculture Market Segmentation & Scope
Offering
  • Services
  • Hardware
Agriculture Type
  • Others
  • Fish Farm Monitoring
  • Smart Greenhouse
  • Dairy & Livestock Monitoring
  • Precision Forestry
  • Precision Farming
Connectivity
  • Zigbee
  • RF Technology
  • Others
  • Bluetooth
  • Wi-Fi
Farm Size
  • Medium-Sized Farms
  • Small Farms
  • Large Farms
Distribution
  • D2C
  • Dealers

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

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Million
Market Value in 2024 91.58 USD Million
Market Value in 2032 297.70 USD Million
CAGR (2025-2032) 18.34%
Historic Data 2016-2023
Market Segments Covered Offering,Agriculture Type,Connectivity,Farm Size,Distribution

Regional Insights:

  • Leading Market (2024-2032): Malaysia, leading in terms of revenue 91.58 USD Million in 2024
    • Key Country: Malaysia, leading in terms of revenue with value of 91.58 USD Million in 2024.

Segments and Scope

  • Malaysia Internet of Things (IoT) in Agriculture Market to 2032, By Offering
    • Hardware is the largest segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 67.70 USD Million in the year 2024.
    • Hardware is the Fastest growing segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 18.58 % in forecast period 2025-2032.
  • Malaysia Internet of Things (IoT) in Agriculture Market to 2032, By Agriculture Type
    • Precision Farming is the largest segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 36.80 USD Million in the year 2024.
    • Precision Farming is the Fastest growing segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 18.87 % in forecast period 2025-2032.
  • Malaysia Internet of Things (IoT) in Agriculture Market to 2032, By Connectivity
    • Wi-Fi is the largest segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 39.50 USD Million in the year 2024.
    • Wi-Fi is the Fastest growing segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 19.00 % in forecast period 2025-2032.
  • Malaysia Internet of Things (IoT) in Agriculture Market to 2032, By Farm Size
    • Large Farms is the largest segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 41.03 USD Million in the year 2024.
    • Large Farms is the Fastest growing segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 18.98 % in forecast period 2025-2032.
  • Malaysia Internet of Things (IoT) in Agriculture Market to 2032, By Distribution
    • Dealers is the largest segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 63.74 USD Million in the year 2024.
    • Dealers is the Fastest growing segment in Malaysia Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 18.63 % in forecast period 2025-2032.

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

 
Company Name Company Share Analysis
Topcon
Hexagon AB
AgEagle Aerial Systems Inc
hylio
AKVA group
Malaysia Internet of Things (IoT) in Agriculture Market Company Share Analysis

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

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

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

Malaysia Internet of Things (IoT) in Agriculture Market Company Profiling
Frequently Asked Questions
The Malaysia Internet of Things (IoT) in Agriculture Market is segmented based on Segmentation Offering,Agriculture Type,Connectivity,Farm Size,Distribution.
Malaysia Internet of Things (IoT) in Agriculture Market was valued at USD 91.58(Revenue in USD Million) in 2023.
Malaysia Internet of Things (IoT) in Agriculture Market is projected to grow at a CAGR of 18.34% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the Malaysia Internet of Things (IoT) in Agriculture Market, holding a largest market share of 67.70 USD Million in 2024

Malaysia Internet of Things (IoT) in Agriculture Market Scope

Malaysia Internet of Things (IoT) in Agriculture Market Segmentation & Scope
Offering
  • Services
  • Hardware
Agriculture Type
  • Others
  • Fish Farm Monitoring
  • Smart Greenhouse
  • Dairy & Livestock Monitoring
  • Precision Forestry
  • Precision Farming
Connectivity
  • Zigbee
  • RF Technology
  • Others
  • Bluetooth
  • Wi-Fi
Farm Size
  • Medium-Sized Farms
  • Small Farms
  • Large Farms
Distribution
  • D2C
  • Dealers
Frequently Asked Questions
The Malaysia Internet of Things (IoT) in Agriculture Market is segmented based on Segmentation Offering,Agriculture Type,Connectivity,Farm Size,Distribution.
Malaysia Internet of Things (IoT) in Agriculture Market was valued at USD 91.58(Revenue in USD Million) in 2023.
Malaysia Internet of Things (IoT) in Agriculture Market is projected to grow at a CAGR of 18.34% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Internet of Things (IoT) in Agriculture Market for final year is USD 297.70 (USD Million).

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

Malaysia Internet of Things (IoT) in Agriculture Market Company Profiling
Frequently Asked Questions
The Malaysia Internet of Things (IoT) in Agriculture Market is segmented based on Segmentation Offering,Agriculture Type,Connectivity,Farm Size,Distribution.
Malaysia Internet of Things (IoT) in Agriculture Market was valued at USD 91.58(Revenue in USD Million) in 2023.
Malaysia Internet of Things (IoT) in Agriculture Market is projected to grow at a CAGR of 18.34% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Internet of Things (IoT) in Agriculture Market for final year is USD 297.70 (USD Million).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.