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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1644219

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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1644219

IoT in Farm Management

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Table of Contents

Global IoT in Farm Management Market to Reach US$16.4 Billion by 2030

The global market for IoT in Farm Management estimated at US$7.8 Billion in the year 2024, is expected to reach US$16.4 Billion by 2030, growing at a CAGR of 13.2% over the analysis period 2024-2030. Farm Management IoT Hardware, one of the segments analyzed in the report, is expected to record a 11.5% CAGR and reach US$7.8 Billion by the end of the analysis period. Growth in the Farm Management IoT Software segment is estimated at 12.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.1 Billion While China is Forecast to Grow at 12.5% CAGR

The IoT in Farm Management market in the U.S. is estimated at US$2.1 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 11.9% and 11.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.8% CAGR.

Global IoT in Farm Management Market - Key Trends & Drivers Summarized

How Is IoT Transforming Farm Management Practices?

IoT in farm management is revolutionizing agriculture by integrating connected devices, data analytics, and automation into traditional farming practices. By deploying sensors, drones, GPS systems, and IoT-enabled equipment, farmers can monitor soil conditions, track livestock, and optimize resource usage in real time. This integration empowers farmers to make data-driven decisions, leading to increased yields, reduced costs, and sustainable agricultural practices. IoT-enabled precision farming, for instance, allows for targeted irrigation, fertilizer application, and pest control, reducing waste and maximizing efficiency. The adoption of IoT in farm management has also enhanced the traceability and transparency of agricultural supply chains. Smart sensors track the quality and condition of crops during storage and transportation, ensuring compliance with safety standards and reducing losses. Moreover, livestock monitoring systems use IoT devices to track animal health, location, and productivity, enabling proactive disease management and efficient herd management. These advancements are not only improving farm productivity but are also addressing global challenges such as food security and resource conservation, solidifying IoT's role as a cornerstone of modern agriculture.

What Role Do Technological Innovations Play in Expanding IoT Applications in Agriculture?

Technological advancements are driving the evolution of IoT in farm management, enabling more sophisticated and scalable applications. The integration of artificial intelligence (AI) and machine learning (ML) into IoT platforms allows farmers to predict crop yields, detect anomalies, and automate routine tasks. For example, AI-driven algorithms analyze weather patterns, soil data, and crop health to optimize planting schedules and irrigation plans. Similarly, ML models enable predictive maintenance for farm machinery, minimizing downtime and enhancing operational efficiency. The rollout of 5G connectivity is another game-changer, as it facilitates high-speed data transmission between IoT devices and central management systems. This is particularly critical for real-time applications like drone surveillance, autonomous machinery, and smart irrigation systems. Edge computing is further enhancing the capabilities of IoT in agriculture by processing data locally, reducing latency, and enabling faster decision-making. These technological innovations are making IoT solutions more accessible and reliable, driving widespread adoption across diverse agricultural landscapes, from small-scale farms to large commercial enterprises.

What Are the Key Applications of IoT in Farm Management?

IoT applications in farm management are diverse, addressing challenges across crop cultivation, livestock management, and supply chain optimization. In crop farming, IoT-enabled sensors monitor soil moisture, temperature, and nutrient levels, enabling precision agriculture that minimizes resource usage and maximizes yields. Smart irrigation systems use real-time data to deliver water precisely where and when it is needed, reducing wastage and improving crop health. Drones equipped with cameras and sensors provide aerial imagery to detect pest infestations, assess crop health, and identify areas needing attention. Livestock farming is another significant application area, with IoT devices tracking animal health, location, and behavior. Wearable sensors monitor vital signs and activity levels, alerting farmers to potential health issues before they escalate. These systems also optimize feeding schedules and track reproductive cycles, enhancing productivity and animal welfare. In the supply chain, IoT devices ensure the traceability of agricultural products, monitoring conditions during storage and transportation to maintain quality and comply with regulatory standards. These applications highlight the transformative impact of IoT in addressing critical challenges and improving efficiency across the agricultural value chain.

What Factors Are Driving Growth in the IoT in Farm Management Market?

The growth in the IoT in Farm Management market is driven by several factors, including the increasing global demand for food, advancements in IoT technology, and the rising adoption of precision farming practices. As the global population continues to grow, the need for efficient and sustainable agriculture has become paramount, driving farmers to adopt IoT solutions that optimize resource usage and boost productivity. The proliferation of affordable IoT devices, coupled with advancements in connectivity technologies such as 5G and low-power wide-area networks (LPWANs), is making IoT solutions more accessible to farmers worldwide. End-use trends, such as the growing preference for sustainable farming and the adoption of smart greenhouses, are further propelling market growth. Governments and agricultural organizations are investing heavily in IoT projects to improve food security and address climate change challenges. Additionally, the integration of IoT with emerging technologies like blockchain for supply chain traceability and AI for predictive analytics is expanding the scope of IoT applications in agriculture. Together, these factors underscore the critical role of IoT in driving the modernization of farm management practices and meeting the evolving demands of the global agricultural sector.

SCOPE OF STUDY:

The report analyzes the IoT in Farm Management market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Component (Hardware Component, Software Component, Services Component); Farm Type (Large Farms, Medium Farms, Small Farms)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 41 Featured) -

  • Blynk IoT Platform
  • CropIn Technology Solutions Private Limited
  • Deere & Company
  • DeLaval International AB
  • KaaIoT Technologies, LLC
  • Microsoft Corporation
  • Telit Cinterion
  • ThingsBoard, Inc.
  • Trimble, Inc.
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Product Code: MCP31666

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Economic Frontiers: Trends, Trials & Transformations
    • IoT in Farm Management - Global Key Competitors Percentage Market Share in 2024 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Rising Adoption of Precision Agriculture Fuels Demand for IoT in Farm Management
    • Advancements in Sensor Technology Propel Innovation in IoT-Based Farming Solutions
    • Focus on Real-Time Data Monitoring Drives Growth in IoT Farm Management Systems
    • Integration with AI and Machine Learning Enhances Predictive Analytics for Crop Management
    • Expansion of Smart Irrigation Systems Boosts Demand for IoT Applications in Farming
    • Increased Use of Drones and Aerial Imaging Expands IoT Capabilities in Farm Management
    • Focus on Livestock Monitoring Drives Adoption of IoT Solutions in Animal Farming
    • Emergence of Climate-Smart Agriculture Highlights the Role of IoT in Sustainability
    • Growth in Vertical Farming Expands Opportunities for IoT-Driven Management Systems
    • Focus on Supply Chain Traceability Fuels Innovation in IoT Farm Management Platforms
    • Rising Awareness of Resource Optimization Drives Demand for IoT in Farm Management
    • Integration with Blockchain Technology Enhances Transparency in IoT Farm Solutions
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World IoT in Farm Management Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for IoT in Farm Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 3: World 6-Year Perspective for IoT in Farm Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2025 & 2030
    • TABLE 4: World Recent Past, Current & Future Analysis for Hardware Component by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 5: World 6-Year Perspective for Hardware Component by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 6: World Recent Past, Current & Future Analysis for Software Component by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 7: World 6-Year Perspective for Software Component by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 8: World Recent Past, Current & Future Analysis for Services Component by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 9: World 6-Year Perspective for Services Component by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 10: World Recent Past, Current & Future Analysis for Large Farms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 11: World 6-Year Perspective for Large Farms by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 12: World Recent Past, Current & Future Analysis for Medium Farms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 13: World 6-Year Perspective for Medium Farms by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 14: World Recent Past, Current & Future Analysis for Small Farms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 15: World 6-Year Perspective for Small Farms by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • IoT in Farm Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
    • TABLE 16: USA Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 17: USA 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 18: USA Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 19: USA 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • CANADA
    • TABLE 20: Canada Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 21: Canada 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 22: Canada Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 23: Canada 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • JAPAN
    • IoT in Farm Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
    • TABLE 24: Japan Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 25: Japan 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 26: Japan Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 27: Japan 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • CHINA
    • IoT in Farm Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
    • TABLE 28: China Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 29: China 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 30: China Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 31: China 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • EUROPE
    • IoT in Farm Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
    • TABLE 32: Europe Recent Past, Current & Future Analysis for IoT in Farm Management by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 33: Europe 6-Year Perspective for IoT in Farm Management by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2025 & 2030
    • TABLE 34: Europe Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 35: Europe 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 36: Europe Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 37: Europe 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • FRANCE
    • IoT in Farm Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
    • TABLE 38: France Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 39: France 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 40: France Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 41: France 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • GERMANY
    • IoT in Farm Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
    • TABLE 42: Germany Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 43: Germany 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 44: Germany Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 45: Germany 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • ITALY
    • TABLE 46: Italy Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 47: Italy 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 48: Italy Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 49: Italy 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • UNITED KINGDOM
    • IoT in Farm Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
    • TABLE 50: UK Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 51: UK 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 52: UK Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 53: UK 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • REST OF EUROPE
    • TABLE 54: Rest of Europe Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 55: Rest of Europe 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 57: Rest of Europe 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • ASIA-PACIFIC
    • IoT in Farm Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
    • TABLE 58: Asia-Pacific Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 59: Asia-Pacific 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 61: Asia-Pacific 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030
  • REST OF WORLD
    • TABLE 62: Rest of World Recent Past, Current & Future Analysis for IoT in Farm Management by Component - Hardware Component, Software Component and Services Component - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 63: Rest of World 6-Year Perspective for IoT in Farm Management by Component - Percentage Breakdown of Value Sales for Hardware Component, Software Component and Services Component for the Years 2025 & 2030
    • TABLE 64: Rest of World Recent Past, Current & Future Analysis for IoT in Farm Management by Farm Type - Large Farms, Medium Farms and Small Farms - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 65: Rest of World 6-Year Perspective for IoT in Farm Management by Farm Type - Percentage Breakdown of Value Sales for Large Farms, Medium Farms and Small Farms for the Years 2025 & 2030

IV. COMPETITION

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