Smart Agriculture Technologies Enhance Efficiency and Reduce Environmental Impact
The Smart Agriculture market is expected to reach USD 23.38 billion by 2029, up from USD 14.40 billion in 2024, at a CAGR of 10.2% from 2024 to 2029. The smart agriculture market is rapidly growing, driven by advancements in precision farming, IoT (Internet of Things) devices, AI-based analytics, and robotics. These technologies are being applied across various areas such as precision farming, livestock monitoring, precision aquaculture, and smart greenhouse farming. The smart agriculture market has been growing due to different factors. First of all, the rising need to enhance productivity and efficiency in farming has resulted from the increase in global food demand. The adoption of IoT sensors and drones for real-time monitoring of crops and livestock, thus providing a route for farmers to make data-driven decisions, is expected to be the next major driver. Finally, the growth of AI and machine learning into predictive analytics for weather forecasting, soil health analysis, and ...