Ag IoT Market to Hit $12 Billion in Value by 2030
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The agriculture IoT market is expected to hold a value worth $8.86 billion in 2025 and is projected to reach $12.61 billion by 2030, according to a new report by MarketsandMarkets™. This would equate to expanding at a 7.3% CAGR (compound annual growth rate) during the forecast period.
The main factors contributing to the growth of the agriculture IoT market are the increasing demand for smart, energy-efficient, and sustainable IoT-based solutions across precision farming, livestock monitoring, and greenhouse automation.
IoT devices are widely adopted for soil health monitoring, climate control, and automated irrigation, owing to the need for higher crop yield and resource optimization. These systems address environmental and productivity concerns by reducing water wastage, optimizing fertilizer usage, minimizing manual labor, and offering real-time data analytics and remote-control capabilities. Moreover, the global push toward sustainable agriculture and stricter environmental regulations encourages farmers and agribusinesses to adopt IoT technologies, as they support safer, cleaner, and more eco-friendly farming operations.
For more details and access to the market report, visit marketsandmarkets.com.
Editor’s note: This article was originally published on GrowingProduce.com, our sister brand.
