IoT in Agriculture Market size is expected to be valuated at USD 43.4 Billion by 2035; Precision Farming and Data-Driven Decisions to Propel Market Diversification

In agriculture, the term "IoT" (Internet of Things) refers to the use of internet-connected smart devices and sensors to track and manage farming operations in real time. The need for increased agricultural productivity as a result of rising global food consumption, the need for effective resource management and water use, and the desire to lower operating costs due to manpower shortages are now driving the expansion of IoT in the agriculture sector. Farmers are also being pushed to use data-driven methods for improved risk management due to climate change and shifting weather patterns. Additionally, farmers are being convinced to embrace IoT technologies by advancing government regulations or incentives for contemporary farming methods and increasing awareness of the advantages of smart farming.

Segmentation Analysis:

By Component	Software (On-Premises, and Cloud based), Hardware (Soil Sensors, Drones, and Others)
By Farm Type	Large, Mid-Size, and Small
By Application	Precision Farming, Livestock Monitoring, Smart Greenhouse, Fish Farm Monitoring, and Others
By End Users	Farmers, Agricultural Cooperatives, Food Producers, and Research Institutions   High initial costs of IoT devices

Report Highlights:

• IoT in agriculture market size is valuated at USD 17.8 Billion in 2025.

• Target market size is estimated to be valuated at USD 43.4 Billion by 2035 and at a CAGR of 10.3%.

• By component segment greatest IoT in agriculture market share is held by the hardware category.

• Large farms have the largest IoT in agriculture market share in the Farm type segment.

• The highest IoT in agriculture market is held by precision farming application.

• The biggest end users of the IoT in agriculture are farmers.

• Asia Pacific is dominating region in the IoT in Agriculture Market share.

• The North America region is seeing the fastest growth in the IoT in Agriculture Market size.

Market Dynamics:

Growing Factor	Challenge Factor	Market Trend
Government Support and Regulations	High Initial Costs of IoT Devices	Technological Advancements

Key Highlights:

• In May 2025, The Belagavi-based startup SBOF Agrosmart Private Limited announced SBOF Agrosmart, India's first AI-powered all-in-one agriculture app. The app aims to revolutionize farming by giving farmers data-driven, real-time solutions to the most important issues facing modern agriculture.

Report Analysis:

Benefits of IoT in Agriculture:

• Precision Farming- IoT devices give farmers access to real-time data on their fields. Farmers will be able to access all the information on the fields in precision farming in this manner. Farmers are able to make well-informed decisions because soil moisture, temperature, and nutrient levels are precisely monitored. This results in healthier plants and higher yields by ensuring that crops receive the proper amount of water and nutrients.
• Water Conservation- Crops depend on water, yet over usage of it is unsustainable. IoT sensors let farmers keep an eye on water use, which promotes agricultural sustainability. In order to safeguard the environment and our valuable resources, smart sensors and gadgets track usage, optimize irrigation, and identify leakage. This makes it possible to precisely irrigate, which minimizes water waste and guarantees that crops get the right quantity of moisture.
• Crop Monitoring- It is now feasible thanks to IoT. IoT-based sensors monitor crop health and identify pests early on. Farmers are able to minimize crop losses and stop the spread of problems by acting quickly thanks to this timely information. Better yields and increased agricultural profitability are the results of healthy crops.

Browse ∼50 market data tables and ∼45 figures through ∼190 slides and in-depth TOC on “IoT in Agriculture Market, By Component [Software (On-Premises, and Cloud based), Hardware (Soil Sensors, Drones, and Others)], Farm Type (Large, Mid-Size, and Small Farms), Application (Precision Farming, Livestock Monitoring, Smart Greenhouse, Fish Farm Monitoring, and Others), End Users (Farmers, Agricultural Cooperatives, Food Producers, and Research Institutions), and Region - Trends, Analysis, and Forecast till 2035”

Segmentation:

By Component:

• Software

  • On-Premises

  • Cloud based

• Hardware

  • Soil Sensors

  • Drones

  • Others

By Farm Type:

• Large

• Mid-Size

• Small

By Application:

• Precision Farming

• Livestock Monitoring

• Smart Greenhouse

• Fish Farm Monitoring

• Others

By End Users:

• Farmers

• Agricultural Cooperatives

• Food Producers

• Research Institutions

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

For more insights into the IoT in Agriculture Market and its future trends, visit link below: https://www.prophecymarketinsights.com/market_insight/iot-in-agriculture-market-5876

Competitive Landscape of IoT in Agriculture Market:

The key players operating in the IoT in Agriculture Market include deere & Company, Trimble Inc., IBM, AGCO Corporation, Evato Technology Private Limited (O4S), Raven Industries, Inc., Topcon, DeLaval, AKVA group, BASF, Cisco Systems, Inc., Hitachi, Ltd., Telit Cinterion, Cropin Technology Solutions Private Limited, and Stellapps.

Company Name	IBM
Headquarter	Armonk, New York, U.S.
CEO	Arvind Krishna
Employee Count	293,400 Employees