Digital Agriculture Market Size Worth USD 64.68 Billion by 2034 | CAGR: 10.4%

The digital agriculture market size is expected to reach USD 64.68 billion by 2034, according to a new study by Polaris Market Research. The report “Digital Agriculture Market Size, Share, Trends, Industry Analysis Report: By Component (Solution and Services), Deployment, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Digital agriculture comprises the use of advanced technologies such as sensors, AI, IoT, and data analytics to improve farming efficiency, productivity, and sustainability.

The digital agriculture market demand is growing with support from investors who see its potential to transform food production. Agri-tech solutions such as AI in agriculture, agricultural drones, and data-driven farming tools are attracting significant venture capital. These investments fund innovations that make smart farming technologies more scalable and effective. Startups are also building farm management software tailored to small and large farms alike. These solutions are reaching more farmers globally with increased funding, pushing the market forward and driving long-term growth of the market.

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Climate change has made farming more unpredictable, with droughts, floods, and changing weather patterns affecting crop yields. Digital agriculture helps farmers adapt by using data-driven farming to manage risks and optimize resource use. Tools such as IoT in agriculture and remote sensing in agriculture allow real-time monitoring of soil moisture, temperature, and crop health. Sustainable farming practices supported by agri-tech solutions ensure that limited water and nutrients are used wisely. Digital tools help farmers make better decisions in a changing climate by providing insights and early warnings, which is driving the adoption of digital farming.

Digital Agriculture Market Report Highlights

• By component, the solution segment accounted for a larger digital agriculture market share in 2024. These solutions offer real-time insights into crop health, soil conditions, and weather patterns, making them essential for modern farming practices.
• The cloud segment, based on deployment is market is expected to experience significant growth in the market as these solutions are cost-effective, scalable, and often updated automatically.
• The Asia Pacific market is experiencing significant growth in the global market due to increasing food demand, growing populations, and rising awareness about modern farming methods.
• In 2024, North America held the largest share of the digital agriculture market revenue, driven by advanced farming infrastructure and strong technological adoption.
• A few global key market players are Accenture, Ag Junction Inc., AGCO Corporation, AKVA Group, BASF, Cisco Systems, Deere & Company, IBM Corporation (US), Microsoft Corporation, Raven Industries Inc., Topcon Positioning Systems Inc., and Trimble Inc.

Polaris Market Research has segmented the market report on the basis of component, deployment, application, and region:

By Component (Revenue – USD Billion, 2020–2034)

• Solution
• Services

By Deployment (Revenue – USD Billion, 2020–2034)

• Cloud
• On-Premise

By Application (Revenue – USD Billion, 2020–2034)

• Yield Monitoring
• Field Mapping
• Crop Monitoring
• Livestock Monitoring
• Real-Time Safety Testing
• Soil Monitoring
• Precision Farming

By Regional Outlook (Revenue – USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America