LAMEA Digital Agriculture Market Size, Share & Trends Analysis Report By Application, By Technology, By Component, By Country and Growth Forecast, 2024

List of Tables

The Latin America, Middle East and Africa Digital Agriculture Market would witness market growth of 12.8% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Digital Agriculture Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $794.7 Million by 2031. The Argentina market is registering a CAGR of 13.5% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 11.5% during (2024 - 2031).

The increasing incorporation of cutting-edge digital technologies into conventional farming methods is causing a revolutionary change in the worldwide agriculture industry. A paradigm transformation in production, management, and distribution of food is represented by this evolution, which is referred to as digital agriculture or smart farming. Digital agriculture encompasses various technologies, including the Internet of Things (IoT), Artificial Intelligence (AI), machine learning, drones, remote sensing, big data analytics, and blockchain.

Moreover, these technologies converge to create an interconnected ecosystem that enhances decision-making processes, increases operational efficiency, and ensures sustainability across the agricultural value chain. The overarching aim of digital agriculture is to address the complex challenges of food security, climate change, resource scarcity, and population growth by fostering innovation and efficiency in food production systems.

The LAMEA digital agriculture market is driven by the growing need to address critical challenges such as water scarcity, inefficient farming methods, and food security concerns. Across the region, digital agriculture technologies, particularly IoT-enabled solutions, are increasingly being adopted to modernize traditional farming practices and enhance productivity. In Latin America, precision farming tools and IoT-based systems are transforming the agriculture sector, while in the Middle East and Africa, technologies such as automated irrigation systems and climate monitoring tools are vital for managing scarce water resources and improving crop yields in arid and semi-arid regions.

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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

Microsoft Corporation
BASF SE
Indigo Ag, Inc.
AGCO Corporation
Wipro Limited
Yara International ASA
Bayer AG
IBM Corporation
Trimble, Inc.
Deere & Company

LAMEA Digital Agriculture Market Report Segmentation

By Application

Precision Farming & Farm Management
Livestock Monitoring
Supply Chain Management
Financial Management
Other Application

By Technology

IoT
Automation
AI
Drones
Other Technology

By Component

Hardware
Software
Service

By Country

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 LAMEA Digital Agriculture Market, by Application
- 1.4.2 LAMEA Digital Agriculture Market, by Technology
- 1.4.3 LAMEA Digital Agriculture Market, by Component
- 1.4.4 LAMEA Digital Agriculture Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Oct - 2025, Feb) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. LAMEA Digital Agriculture Market by Application

5.1 LAMEA Precision Farming & Farm Management Market by Country
5.2 LAMEA Livestock Monitoring Market by Country
5.3 LAMEA Supply Chain Management Market by Country
5.4 LAMEA Financial Management Market by Country
5.5 LAMEA Other Application Market by Country

Chapter 6. LAMEA Digital Agriculture Market by Technology

6.1 LAMEA IoT Market by Country
6.2 LAMEA Automation Market by Country
6.3 LAMEA AI Market by Country
6.4 LAMEA Drones Market by Country
6.5 LAMEA Other Technology Market by Country

Chapter 7. LAMEA Digital Agriculture Market by Component

7.1 LAMEA Hardware Market by Country
7.2 LAMEA Software Market by Country
7.3 LAMEA Service Market by Country

Chapter 8. LAMEA Digital Agriculture Market by Country

8.1 Brazil Digital Agriculture Market
- 8.1.1 Brazil Digital Agriculture Market by Application
- 8.1.2 Brazil Digital Agriculture Market by Technology
- 8.1.3 Brazil Digital Agriculture Market by Component
8.2 Argentina Digital Agriculture Market
- 8.2.1 Argentina Digital Agriculture Market by Application
- 8.2.2 Argentina Digital Agriculture Market by Technology
- 8.2.3 Argentina Digital Agriculture Market by Component
8.3 UAE Digital Agriculture Market
- 8.3.1 UAE Digital Agriculture Market by Application
- 8.3.2 UAE Digital Agriculture Market by Technology
- 8.3.3 UAE Digital Agriculture Market by Component
8.4 Saudi Arabia Digital Agriculture Market
- 8.4.1 Saudi Arabia Digital Agriculture Market by Application
- 8.4.2 Saudi Arabia Digital Agriculture Market by Technology
- 8.4.3 Saudi Arabia Digital Agriculture Market by Component
8.5 South Africa Digital Agriculture Market
- 8.5.1 South Africa Digital Agriculture Market by Application
- 8.5.2 South Africa Digital Agriculture Market by Technology
- 8.5.3 South Africa Digital Agriculture Market by Component
8.6 Nigeria Digital Agriculture Market
- 8.6.1 Nigeria Digital Agriculture Market by Application
- 8.6.2 Nigeria Digital Agriculture Market by Technology
- 8.6.3 Nigeria Digital Agriculture Market by Component
8.7 Rest of LAMEA Digital Agriculture Market
- 8.7.1 Rest of LAMEA Digital Agriculture Market by Application
- 8.7.2 Rest of LAMEA Digital Agriculture Market by Technology
- 8.7.3 Rest of LAMEA Digital Agriculture Market by Component

Chapter 9. Company Profiles

9.1 Microsoft Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 SWOT Analysis
9.2 BASF SE
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
  - 9.2.5.1 Product Launches and Product Expansions:
  - 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
9.3 Indigo Ag, Inc.
- 9.3.1 Company Overview
- 9.3.2 Recent strategies and developments:
  - 9.3.2.1 Partnerships, Collaborations, and Agreements:
9.4 AGCO Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
  - 9.4.5.1 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
9.5 Wipro Limited
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 SWOT Analysis
9.6 Yara International ASA
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 SWOT Analysis
9.7 Bayer AG
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
  - 9.7.5.1 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
9.8 IBM Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional & Segmental Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
  - 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.6 SWOT Analysis
9.9 Trimble, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
  - 9.9.5.1 Partnerships, Collaborations, and Agreements:
  - 9.9.5.2 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
9.10. Deere & Company
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 LAMEA Digital Agriculture Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Digital Agriculture Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Digital Agriculture Market
TABLE 4 Product Launches And Product Expansions- Digital Agriculture Market
TABLE 5 Acquisition and Mergers- Digital Agriculture Market
TABLE 6 LAMEA Digital Agriculture Market by Application, 2020 - 2023, USD Million
TABLE 7 LAMEA Digital Agriculture Market by Application, 2024 - 2031, USD Million
TABLE 8 LAMEA Precision Farming & Farm Management Market by Country, 2020 - 2023, USD Million
TABLE 9 LAMEA Precision Farming & Farm Management Market by Country, 2024 - 2031, USD Million
TABLE 10 LAMEA Livestock Monitoring Market by Country, 2020 - 2023, USD Million
TABLE 11 LAMEA Livestock Monitoring Market by Country, 2024 - 2031, USD Million
TABLE 12 LAMEA Supply Chain Management Market by Country, 2020 - 2023, USD Million
TABLE 13 LAMEA Supply Chain Management Market by Country, 2024 - 2031, USD Million
TABLE 14 LAMEA Financial Management Market by Country, 2020 - 2023, USD Million
TABLE 15 LAMEA Financial Management Market by Country, 2024 - 2031, USD Million
TABLE 16 LAMEA Other Application Market by Country, 2020 - 2023, USD Million
TABLE 17 LAMEA Other Application Market by Country, 2024 - 2031, USD Million
TABLE 18 LAMEA Digital Agriculture Market by Technology, 2020 - 2023, USD Million
TABLE 19 LAMEA Digital Agriculture Market by Technology, 2024 - 2031, USD Million
TABLE 20 LAMEA IoT Market by Country, 2020 - 2023, USD Million
TABLE 21 LAMEA IoT Market by Country, 2024 - 2031, USD Million
TABLE 22 LAMEA Automation Market by Country, 2020 - 2023, USD Million
TABLE 23 LAMEA Automation Market by Country, 2024 - 2031, USD Million
TABLE 24 LAMEA AI Market by Country, 2020 - 2023, USD Million
TABLE 25 LAMEA AI Market by Country, 2024 - 2031, USD Million
TABLE 26 LAMEA Drones Market by Country, 2020 - 2023, USD Million
TABLE 27 LAMEA Drones Market by Country, 2024 - 2031, USD Million
TABLE 28 LAMEA Other Technology Market by Country, 2020 - 2023, USD Million
TABLE 29 LAMEA Other Technology Market by Country, 2024 - 2031, USD Million
TABLE 30 LAMEA Digital Agriculture Market by Component, 2020 - 2023, USD Million
TABLE 31 LAMEA Digital Agriculture Market by Component, 2024 - 2031, USD Million
TABLE 32 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
TABLE 33 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
TABLE 34 LAMEA Software Market by Country, 2020 - 2023, USD Million
TABLE 35 LAMEA Software Market by Country, 2024 - 2031, USD Million
TABLE 36 LAMEA Service Market by Country, 2020 - 2023, USD Million
TABLE 37 LAMEA Service Market by Country, 2024 - 2031, USD Million
TABLE 38 LAMEA Digital Agriculture Market by Country, 2020 - 2023, USD Million
TABLE 39 LAMEA Digital Agriculture Market by Country, 2024 - 2031, USD Million
TABLE 40 Brazil Digital Agriculture Market, 2020 - 2023, USD Million
TABLE 41 Brazil Digital Agriculture Market, 2024 - 2031, USD Million
TABLE 42 Brazil Digital Agriculture Market by Application, 2020 - 2023, USD Million
TABLE 43 Brazil Digital Agriculture Market by Application, 2024 - 2031, USD Million
TABLE 44 Brazil Digital Agriculture Market by Technology, 2020 - 2023, USD Million
TABLE 45 Brazil Digital Agriculture Market by Technology, 2024 - 2031, USD Million
TABLE 46 Brazil Digital Agriculture Market by Component, 2020 - 2023, USD Million
TABLE 47 Brazil Digital Agriculture Market by Component, 2024 - 2031, USD Million
TABLE 48 Argentina Digital Agriculture Market, 2020 - 2023, USD Million
TABLE 49 Argentina Digital Agriculture Market, 2024 - 2031, USD Million
TABLE 50 Argentina Digital Agriculture Market by Application, 2020 - 2023, USD Million
TABLE 51 Argentina Digital Agriculture Market by Application, 2024 - 2031, USD Million
TABLE 52 Argentina Digital Agriculture Market by Technology, 2020 - 2023, USD Million
TABLE 53 Argentina Digital Agriculture Market by Technology, 2024 - 2031, USD Million
TABLE 54 Argentina Digital Agriculture Market by Component, 2020 - 2023, USD Million
TABLE 55 Argentina Digital Agriculture Market by Component, 2024 - 2031, USD Million
TABLE 56 UAE Digital Agriculture Market, 2020 - 2023, USD Million
TABLE 57 UAE Digital Agriculture Market, 2024 - 2031, USD Million
TABLE 58 UAE Digital Agriculture Market by Application, 2020 - 2023, USD Million
TABLE 59 UAE Digital Agriculture Market by Application, 2024 - 2031, USD Million
TABLE 60 UAE Digital Agriculture Market by Technology, 2020 - 2023, USD Million
TABLE 61 UAE Digital Agriculture Market by Technology, 2024 - 2031, USD Million
TABLE 62 UAE Digital Agriculture Market by Component, 2020 - 2023, USD Million
TABLE 63 UAE Digital Agriculture Market by Component, 2024 - 2031, USD Million
TABLE 64 Saudi Arabia Digital Agriculture Market, 2020 - 2023, USD Million
TABLE 65 Saudi Arabia Digital Agriculture Market, 2024 - 2031, USD Million
TABLE 66 Saudi Arabia Digital Agriculture Market by Application, 2020 - 2023, USD Million
TABLE 67 Saudi Arabia Digital Agriculture Market by Application, 2024 - 2031, USD Million
TABLE 68 Saudi Arabia Digital Agriculture Market by Technology, 2020 - 2023, USD Million
TABLE 69 Saudi Arabia Digital Agriculture Market by Technology, 2024 - 2031, USD Million
TABLE 70 Saudi Arabia Digital Agriculture Market by Component, 2020 - 2023, USD Million
TABLE 71 Saudi Arabia Digital Agriculture Market by Component, 2024 - 2031, USD Million
TABLE 72 South Africa Digital Agriculture Market, 2020 - 2023, USD Million
TABLE 73 South Africa Digital Agriculture Market, 2024 - 2031, USD Million
TABLE 74 South Africa Digital Agriculture Market by Application, 2020 - 2023, USD Million
TABLE 75 South Africa Digital Agriculture Market by Application, 2024 - 2031, USD Million
TABLE 76 South Africa Digital Agriculture Market by Technology, 2020 - 2023, USD Million
TABLE 77 South Africa Digital Agriculture Market by Technology, 2024 - 2031, USD Million
TABLE 78 South Africa Digital Agriculture Market by Component, 2020 - 2023, USD Million
TABLE 79 South Africa Digital Agriculture Market by Component, 2024 - 2031, USD Million
TABLE 80 Nigeria Digital Agriculture Market, 2020 - 2023, USD Million
TABLE 81 Nigeria Digital Agriculture Market, 2024 - 2031, USD Million
TABLE 82 Nigeria Digital Agriculture Market by Application, 2020 - 2023, USD Million
TABLE 83 Nigeria Digital Agriculture Market by Application, 2024 - 2031, USD Million
TABLE 84 Nigeria Digital Agriculture Market by Technology, 2020 - 2023, USD Million
TABLE 85 Nigeria Digital Agriculture Market by Technology, 2024 - 2031, USD Million
TABLE 86 Nigeria Digital Agriculture Market by Component, 2020 - 2023, USD Million
TABLE 87 Nigeria Digital Agriculture Market by Component, 2024 - 2031, USD Million
TABLE 88 Rest of LAMEA Digital Agriculture Market, 2020 - 2023, USD Million
TABLE 89 Rest of LAMEA Digital Agriculture Market, 2024 - 2031, USD Million
TABLE 90 Rest of LAMEA Digital Agriculture Market by Application, 2020 - 2023, USD Million
TABLE 91 Rest of LAMEA Digital Agriculture Market by Application, 2024 - 2031, USD Million
TABLE 92 Rest of LAMEA Digital Agriculture Market by Technology, 2020 - 2023, USD Million
TABLE 93 Rest of LAMEA Digital Agriculture Market by Technology, 2024 - 2031, USD Million
TABLE 94 Rest of LAMEA Digital Agriculture Market by Component, 2020 - 2023, USD Million
TABLE 95 Rest of LAMEA Digital Agriculture Market by Component, 2024 - 2031, USD Million
TABLE 96 Key Information - Microsoft Corporation
TABLE 97 Key Information - BASF SE
TABLE 98 Key Information - Indigo Ag, Inc.
TABLE 99 Key Information - AGCO Corporation
TABLE 100 Key Information - Wipro Limited
TABLE 101 Key Information - Yara International ASA
TABLE 102 Key Information - Bayer AG
TABLE 103 Key Information - IBM Corporation
TABLE 104 Key Information - Trimble, Inc.
TABLE 105 Key Information - Deere & Company

LIST OF FIGURES

FIG 1 Methodology for the research
FIG 2 LAMEA Digital Agriculture Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Digital Agriculture Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2022, Oct - 2025, Feb) Leading Players
FIG 8 Porter's Five Forces Analysis - Digital Agriculture Market
FIG 9 LAMEA Digital Agriculture Market share by Application, 2023
FIG 10 LAMEA Digital Agriculture Market share by Application, 2031
FIG 11 LAMEA Digital Agriculture Market by Application, 2020 - 2031, USD Million
FIG 12 LAMEA Digital Agriculture Market share by Technology, 2023
FIG 13 LAMEA Digital Agriculture Market share by Technology, 2031
FIG 14 LAMEA Digital Agriculture Market by Technology, 2020 - 2031, USD Million
FIG 15 LAMEA Digital Agriculture Market share by Component, 2023
FIG 16 LAMEA Digital Agriculture Market share by Component, 2031
FIG 17 LAMEA Digital Agriculture Market by Component, 2020 - 2031, USD Million
FIG 18 LAMEA Digital Agriculture Market share by Country, 2023
FIG 19 LAMEA Digital Agriculture Market share by Country, 2031
FIG 20 LAMEA Digital Agriculture Market by Country, 2020 - 2031, USD Million
FIG 21 SWOT Analysis: Microsoft Corporation
FIG 22 Recent strategies and developments: BASF SE
FIG 23 SWOT Analysis: BASF SE
FIG 24 Swot Analysis: AGCO Corporation
FIG 25 SWOT Analysis: Wipro Limited
FIG 26 SWOT Analysis: Yara International ASA
FIG 27 Swot Analysis: Bayer AG
FIG 28 SWOT Analysis: IBM Corporation
FIG 29 Recent strategies and developments: Trimble, Inc.
FIG 30 Swot Analysis: Trimble, Inc.
FIG 31 SWOT Analysis: Deere & Company

LAMEA Digital Agriculture Market Size, Share & Trends Analysis Report By Application, By Technology, By Component, By Country and Growth Forecast, 2024 - 2031

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