PUBLISHER: KBV Research | PRODUCT CODE: 1709897
PUBLISHER: KBV Research | PRODUCT CODE: 1709897
The Asia Pacific Digital Agriculture Market would witness market growth of 10.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Digital Agriculture Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,447.7 Million by 2031. The Japan market is showcasing a CAGR of 9.7% during (2024 - 2031). Additionally, The India market would register a CAGR of 11.1% during (2024 - 2031).
The environmental sustainability of digital agriculture is another important consideration. While digital technologies can enhance resource efficiency and reduce environmental impacts, their production, use, and disposal can also contribute to environmental challenges. For example, producing electronic devices and sensors requires raw materials and energy, and electronic waste disposal poses significant environmental risks. As a result, it is imperative to put into place a thorough plan that considers the full lifecycle of digital agriculture technologies and encourages sustainable practices in their development, application, and disposal.
Moreover, digital solutions are required to enhance resource management and guarantee sustainability in light of the escalating severity of the impact of climate change and resource scarcity on agriculture. Traditional agricultural methods have become unreliable due to unpredictable weather patterns, prolonged droughts, extreme weather events, and rising global temperatures. Water is one of the most critical resources in agriculture, and its scarcity is a growing concern worldwide.
Australia is also at the forefront of digital agriculture innovation, particularly in automation and robotics, which are transforming traditional farming operations. The Australian Centre for Field Robotics (ACFR) at the University of Sydney has developed the Digital Farmhand, an autonomous, IoT-enabled robot designed for precision farming tasks such as spraying, weeding, and data collection. Operating without human intervention, this robot supports multiple attachments, including sensors and sprayers, showcasing the efficiency and flexibility of automated solutions. As labor shortages continue to challenge agricultural productivity in Australia, the demand for IoT-integrated robotics and software-driven farm management systems is rising. These advanced digital solutions are key in coordinating, monitoring, and analyzing robotic operations to improve efficiency and promote sustainable farming practices.
Based on Application, the market is segmented into Precision Farming & Farm Management, Livestock Monitoring, Supply Chain Management, Financial Management, and Other Application. Based on Technology, the market is segmented into IoT, Automation, AI, Drones, and Other Technology. Based on Component, the market is segmented into Hardware, Software, and Service. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Digital Agriculture Market Report Segmentation
By Application
By Technology
By Component
By Country