Smart agriculture market seen topping $31.9 billion by 2030

The smart agriculture market is projected to rise from $18.75 billion in 2025 to $20.82 billion in 2026, then reach $31.9 billion by 2030, according to The Business Research Company. The forecast points to growing demand for precision agriculture, autonomous equipment and climate-resilient farming as food-supply pressures intensify worldwide. Why it matters: - Smart agriculture is being positioned as a response to pressure on farm output, labor efficiency and resource use. - The market’s forecast growth suggests more spending on tools that help farmers make faster, data-based decisions. - Food insecurity data cited in the report underscores the broader demand for higher-yield and more resilient farming systems. What happened: - The Business Research Company released a Smart Agriculture Market Report 2026 on June 12, 2026. - The report projects the market will grow from $18.75 billion in 2025 to $20.82 billion in 2026, a CAGR of 11.0%. - The market is forecast to reach $31.9 billion by 2030, at a CAGR of 11.3%. - North America held the largest market share in 2025. - Asia-Pacific is expected to be the fastest-growing region during the forecast period. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - Download a free sample of the report . - View the full smart agriculture market report . The details: - Smart agriculture combines the internet of things, robotics, artificial intelligence, sensors and other advanced technologies to improve farm productivity. - The approach is designed to reduce manual labor and improve resource efficiency. - The report ties historical growth to manual farming, limited real-time farm data, early mechanization, pressure to raise crop yields and the need for more organized farm management. - The forecast outlook is driven by demand for precision agriculture, investment in agricultural technology, climate-resilient farming methods, autonomous farming equipment and data-driven decision-making. - The report flags sensor-based monitoring, automated machinery, resource-efficient farming, integrated farm management systems and real-time insights as key trends. Between the lines: - The report frames smart agriculture as part of a wider shift from labor-heavy farming to connected, automated systems. - Rising food insecurity adds urgency to technologies that can improve productivity without using more land, water or labor. - The strongest growth forecast in Asia-Pacific suggests adoption may accelerate fastest in markets where agricultural modernization is still gaining scale. What’s next: - The market is expected to keep expanding as farms adopt more connected devices, automation and analytics. - The report points to further investment in technologies that help agriculture adapt to climate stress and supply-chain pressure. - The Business Research Company says its 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrices, Excel-based forecasting dashboards, market hotspot infographics and updated trend analysis.