IoT in Agriculture Market to Hit $107.40 Billion by 2033 as Smart Farming Adoption Accelerates
Updated
Updated · openPR · May 14
IoT in Agriculture Market to Hit $107.40 Billion by 2033 as Smart Farming Adoption Accelerates
1 articles · Updated · openPR · May 14
$107.40 billion is the projected size of the global IoT in agriculture market by 2033, up from $40.11 billion in 2025 at a 13.1% CAGR.
Smart farming demand is driving that growth as farmers, agribusinesses and governments deploy connected sensors, precision irrigation, livestock monitoring and AI-enabled farm analytics to raise yields and improve resource efficiency.
North America holds the largest regional share at 45%, while Asia-Pacific is the fastest-growing market as food demand rises and governments back digital agriculture programs.
High deployment costs, patchy rural internet access, cybersecurity risks and limited technical expertise among small farmers still constrain wider adoption.
Will the data centers powering tomorrow's smart farms consume the very land we need to grow food today?
As smart farms demand more energy, will the cost savings on water and fertilizer actually reach the farmers' bottom line?
With farming now reliant on data, who truly controls the global food supply: farmers or the tech giants behind the code?