Billion By 2032 | CAGR of 9.7%
The Global Smart Agriculture Market Size was valued at USD 19.32 Billion in 2022 and the Worldwide smart agriculture Market Size is expected to reach USD 48.76 Billion by 2032, according to a research report published by Spherical Insights & Consulting. Companies Covered: Ag Leader Technology, AGCO Corporation, AgJunction, Inc, AgEagle Aerial Systems Inc, Autonomous Solutions, Inc, Argus Control Systems Ltd, BouMatic Robotic B.V, CropMetrics LLC, CLAAS KGaA GmbH, CropZilla, Deere & Company, DICKEY-john, DroneDeploy, DeLaval Inc, Farmers Edge Inc, Grownetics, Inc, Granular, Inc, Gamaya, GEA Group Aktiengesellschaft, Raven Industries, Trimble Inc, Topcon Positioning Systems and among others. June 12, 2023 06:30 ET
Pune,  INDIA
New York, United States , June  12, 2023  (GLOBE NEWSWIRE) -- The Global Smart Agriculture Market Size is To Grow from USD 19.32 Billion in 2022 to USD 48.76 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period. Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/2005
Smart agriculture, or precision agriculture, is the integration of modern technologies into farming practices to improve efficiency and sustainability. By utilizing sensors, data analytics, and automation, farmers can monitor and optimize various aspects of agriculture, such as irrigation, fertilization, pest control, and crop management. Internet of Things (IoT) devices and remote sensing technologies provide real-time data on soil moisture, weather conditions, crop health, and livestock monitoring. This data-driven approach enables farmers to make informed decisions, minimize waste, reduce environmental impact, and increase yields. Smart agriculture has the potential to transform the farming industry, addressing global challenges like climate change and food security. Report Coverage
This research report categorizes the market for smart agriculture market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the smart agriculture market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the smart agriculture market. Browse key industry insights spread across 200 pages with 100  market data tables and figures & charts from the report on " Global Smart Agriculture Market Size , Share, and COVID-19 Impact Analysis, By Agriculture Type (Precision Farming, Livestock Monitoring, Smart Greenhouse, and Others), By Offering (Hardware, Software, and Services), By Application (Precision Farming Application, Livestock Monitoring Application, Smart Greenhouse Application, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032." Get Detailed Report Description Here:
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The software segment is expected to grow at a CAGR of around 11.5% during the forecast period. Based on offering type, the global smart agriculture market is segmented into hardware, software, and services. The software segment is projected to experience significant growth in the forecast period within the smart agriculture industry. This growth can be attributed to several factors. There is an increasing demand for advanced software solutions that enable farmers to analyze and interpret the vast amount of data collected from various smart agriculture technologies. These software platforms provide valuable insights, actionable recommendations, and data visualization, empowering farmers to make informed decisions for optimizing farm operations. Secondly, the integration of artificial intelligence (AI) and machine learning (ML) algorithms into smart agriculture software further enhances its capabilities in predictive analytics, crop modeling, and risk assessment. The smart greenhouse segment is expected to grow at a CAGR of 13.4% during the forecast period. Based on agriculture type, the global smart agriculture market is segmented into precision farming, livestock monitoring, smart greenhouse, and others. The smart greenhouse segment is anticipated to witness substantial growth in the forecast period within the smart agriculture market. This growth can be attributed to several factors. The smart greenhouse technologies offer precise control over environmental factors such as temperature, humidity, and lighting, creating optimal growing conditions for plants. This leads to increased crop yield, quality, and year-round production, which is particularly advantageous in regions with adverse climates. The rising demand for locally grown, pesticide-free produce and the need for sustainable agricultural practices drive the adoption of smart greenhouse solutions. Additionally, advancements in automation, IoT integration, and data analytics further enhance the efficiency and productivity of smart greenhouses, making them a promising solution for future agriculture. Inquire Before Buying This Research Report: https://www.sphericalinsights.com/inquiry-before-buying/2005
Asia-Pacific is predicted To Grow at a highest CAGR of around 15.6% over the projected period
Based on region, Asia-Pacific is poised to experience fastest growth in the forecast period within the smart agriculture market. Several factors contribute to this anticipated growth. The region has a large and growing population, leading to increased food demand and the need for enhanced agricultural productivity. There is an increasing awareness of the benefits of smart agriculture technologies, coupled with government initiatives promoting digital transformation in the agricultural sector. Additionally, the presence of a large number of small-scale farmers in the region provides immense potential for the adoption of cost-effective smart agriculture solutions. Moreover, advancements in Internet of Things (IoT) infrastructure and connectivity, coupled with the availability of affordable smart devices, further support the growth of the smart agriculture market in Asia-Pacific. Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Some of the major players in the global smart agriculture market include Ag Leader Technology, AGCO Corporation, AgJunction, Inc., AgEagle Aerial Systems Inc., Autonomous Solutions, Inc., Argus Control Systems Ltd, BouMatic Robotic B.V., CropMetrics LLC, CLAAS KGaA GmbH, CropZilla, Deere & Company, DICKEY-john, DroneDeploy, DeLaval Inc., Farmers Edge Inc., Grownetics, Inc., Granular, Inc., Gamaya, GEA Group Aktiengesellschaft, Raven Industries, Trimble Inc., and Topcon Positioning Systems. Get Discount At @ https://www.sphericalinsights.com/request-discount/2005
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global smart agriculture market based on the below-mentioned segments:
Smart Agriculture Market, By Agriculture Type
Precision Farming
Hardware
Precision Farming Application
North America

Global Smart Agriculture Market Size To Worth USD 48.76 Billion By 2032 | CAGR of 9.7%

Traction Ag Forms Partnership with CropZilla to Optimize Farm Fleet Management 
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Traction Ag Inc. , a cloud-based accounting software delivering solutions to growers across the Midwest, has announced a partnership with CropZilla , a data-driven machinery management software. By combining the platforms, users will get a streamlined accounting process for optimizing their equipment fleet and gain a better understanding of their equipment productivity, costs and replacement needs. “CropZilla and Traction Ag are natural partners as both enable growers to manage their farms efficiently and clearly understand their profitability,” said Ian Harley, CEO and co-founder of Traction Ag . “In the future, we look forward to providing even more value to growers by integrating the platforms as a further deliverable of our technology.”
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Founded in 2015, CropZilla was created to address the lack of analytical tools and data capture surrounding equipment — one of the most capital-intensive aspects of farming. The CropZilla software allows farmers to measure equipment performance stats, manage costs, track seasonal productivity and optimize fleet decisions. The CropZilla and Traction Ag partnership meets the need for streamlined processes and data-driven technology in farming, especially as the farming demographic shifts to include younger, digital natives. Thanks to this newly announced partnership, growers can access critical data needed to lay the groundwork for their farm’s future and make strategic decisions about fleet management. MORE BY GLOBAL AG TECH INITIATIVE
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The CropZilla partnership comes at a time of continued growth for Traction Ag, following their acquisition of Granular Business just last month. The Midwest-based company also announced a recent funding round in September. Watkins added, “Traction’s acquisition of Granular Business and investment in upgrading the existing platform continues to indicate their commitment to farm management excellence for all farms, regardless of their size, crop mix or complexity. We’re excited to partner alongside them.”
015Traction Ag Forms Partnership with CropZilla to Optimize Farm Fleet Management 
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Created by Meister Media Worldwide , the Global Ag Tech Initiative offers a portfolio of events and informative products to forward ag tech development and adoption globally to improve agricultural practices to better feed the world.

Traction Ag Forms Partnership with CropZilla to Optimize Farm Fleet Management

(photo courtesy of Traction Ag)
Auburn-based farm accounting software company Traction Ag Inc. is partnering with CropZilla, a farm machinery management software company located in Ohio. The companies say the joint venture will give farmers a better understanding of equipment productivity, costs and replacement needs. The partners say by combining the platforms, users will get a streamlined accounting process for optimizing their equipment fleet. “CropZilla and Traction Ag are natural partners as both enable growers to manage their farms efficiently and clearly understand their profitability,” said Ian Harley, CEO and co-founder of Traction Ag. “In the future, we look forward to providing even more value to growers by integrating the platforms as a further deliverable of our technology.”
Traction Ag has experienced growth this year as it acquired Granular Business, a farm financial management platform from Indianapolis-based Corteva Agriscience. Granular Business helps producers track expenses, such as crop inputs, and inventories. “Traction’s acquisition of Granular Business and investment in upgrading the existing platform continues to indicate their commitment to farm management excellence for all farms, regardless of their size, crop mix or complexity. We’re excited to partner alongside them,” said CropZilla CEO Brian Watkins. The companies say capturing data from farm equipment, which is one of the most capital-intensive aspects of farming, will help growers make strategic decisions about fleet management. Most Popular Stories

Farm tech company partners with machinery management platform

on November 19 th, 2020 by Tom Ballard
Nine early stage agricultural technology start-ups focused on row crop innovations and sustainability are competing for a spot in Phase II of AgLaunch365 program offered by the Memphis-based AgLaunch organization. According to Rachel Kaufman, Senior Director at AgLaunch, the final selections will be made in early December by a committee composed of investors and farmers. This year’s Row Crop Challenge is focused on technologies that accelerate the adoption of sustainable production practices toward the farm-of-the-future, specifically outlined in the Cotton Trust Protocol that can be applied to other crops and cropping systems. Up to six spots will be available for the intensive programming that begins in January 2021. The teams are:
Agricision Inc.of Sedley, VA., an agtech company founded by farmers, for farmers. Agricision has developed ScoutX2, a drone-based method, collects data to determine crop and soil health, disease, stand count, and images of insects and weeds and stores them in an agricultural cloud database. CropZilla Software Inc. of Dublin, OH has developed a farm machinery telemetry analysis for optimizing field operations and supporting capital purchase decisions. Global Neighbor Inc., based in Dayton, OH, has launched, the weed seed destroyer, its first product that uses light to make weed seeds collected at harvest non-viable, thereby addressing the problem of escape and herbicide-resistant weeds in grain crops. Index Biosystems Inc. of Toronto designs genetic traceability into food system products, like the genetically barcoded yeast product which can be used as a biological label alongside any food system product. JLI Robotics of Aurora, NE has developed the Grain Weevil, a mobile robot that scurries across the top of the grain inside a storage bin performing tasks that no human should ever do. LeafTech Ag of Greenfield, IN provides an integrated handheld digital lab and crop management solution for enhanced crop quality and performance. NECi, located in Lake Linden, MI develops reliable and cost-effective tools for nutrient management. NECi’s test kits enable users to obtain timely, accurate information on soil and crop health on-site,
ReEnvision Ag of Nora Springs, IA has developed the ReEnvision Ag Planter (REAP) system to allow farmers to plant in more diverse conditions without the pain of compaction the current industry standard causes. Spornado Inc., another Toronto-based start-up, has developed early alert system for crop disease helps growers optimize their pesticide use. The wind-powered air sampler and highly sensitive DNA analysis allows farmers to know when crop disease is in the air long before it is seen in the field, enabling them to spray precisely; saving time, money, and yields.

Nine companies competing for spots in Phase II of AgLaunch365 program

The Smart Agriculture/Farming market report [6 Year Forecast 2019-2025] focuses on Major Leading Industry Players, providing info like Smart Agriculture/Farming market competitive situation, product scope, market overview, opportunities, driving force and market risks. Profile the top manufacturers of Smart Agriculture/Farming, with sales, revenue and global market share of Smart Agriculture/Farming are analyzed emphatically by landscape contrast and speak to info. Upstream raw materials and instrumentation and downstream demand analysis is additionally administrated. The Smart Agriculture/Farming market business development trends and selling channels square measure analyzed. From a global perspective, It also represents overall Smart Agriculture/Farming industry size by analyzing qualitative insights and historical data. Request a Free Sample Report of this Research to Evaluate More: https://www.researchmoz.us/enquiry.php?type=S&repid=2329895
The study also provides Smart Agriculture/Farming market sales channel, distributors, customers, research findings and conclusion, appendix and data source. Top Manufacturers of Smart Agriculture/Farming Market
The study encompasses profiles of major companies operating in the global Smart Agriculture/Farming market. Key players profiled in the report on the global Smart Agriculture/Farming market include Ag Leader Technology, AgJunction, Inc., AGCO Corporation, Agribotix LLC, Argus Control Systems Ltd., Autonomous Solutions, Inc., BouMatic Robotic B.V., CropMetrics LLC, CNH Industrial, CLASS, CropZilla Software, Inc., DICKEY-john Corporation, Drone Deploy, DeLaval International AB, Deere and Company, Farm Edge, Inc. and so on. Market leaders engage in strategic pricing and product improvement to increase their profit margins. Scope of Smart Agriculture/Farming Market
In 2019, the market size of Smart Agriculture/Farming is million US$ and it will reach million US$ in 2025, growing at a CAGR of from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Agriculture/Farming. This report studies the global market size of Smart Agriculture/Farming, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Smart Agriculture/Farming production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. (*Fill the form and our sales representative will get back to you for assistance)
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of Smart Agriculture/Farming for each type, primarily split into-
Hardware
Services
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Smart Agriculture/Farming for each application, including-
Precision Farming
What are the Key Questions Answered in Smart Agriculture/Farming Market Report? How is the regulatory framework in developed countries impacting the growth of the Smart Agriculture/Farming market? What are the winning strategies of leading manufacturers that are helping them consolidate their position in the Smart Agriculture/Farming market? What are the trends in the Smart Agriculture/Farming market that are influencing manufacturers’ business strategies? Why are the sales of Smart Agriculture/Farming’s higher in commercial and industrial sectors as compared to the residential sector? What are the most advanced technologies used by top companies in the manufacturing of Smart Agriculture/Farming’s? How will the historical growth prospects of the Smart Agriculture/Farming market impact its future? Which strategies will remain salient for market players to improve the penetration of Smart Agriculture/Farmings in developing countries? Contact Us:

Smart Agriculture/Farming Market Qualitative Insights On Global Industry & Forecast upto 2025

Traction focuses on providing integrated cloud-based farm management software in the agricultural sector. The main services include offering software that ties accounting numbers with field operations, enabling financial analysis for informed decision-making. The company also provides inventory management for crops and supplies, cost tracking of production, and field-level profitability analysis. It was founded in 2020 and is based in Auburn, Indiana.

Traction

Traction Ag Inc. , a cloud-based accounting software delivering solutions to growers across the Midwest , has announced a partnership with CropZilla , a data-driven machinery management software .

Topcon Agriculture is a provider of advanced IoT connected field and farm management solutions in the agriculture industry. The company offers a range of products and services designed to integrate high-precision hardware, software, and data to enhance productivity and efficiency throughout the farming operations. Topcon Agriculture serves aftermarket and OEM customers, focusing on precision agriculture solutions that support sustainable farming practices and data-driven decision making. It was founded in 2006 and is based in Livermore, California.

Topcon Agriculture

Tierra specializes in telematics and IoT solutions for sectors including construction, agriculture, automotive, surveying, and the Internet of Things. The company provides products such as fleet management systems, remote diagnostics and controls, and data analytics dashboards, aimed at improving vehicles and assets. Tierra's offerings are designed for Original Equipment Manufacturers (OEMs) and the aftermarket (AM) sector, offering support and connectivity services. It is based in Torino, Italy.

Tierra

Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms

Agriculture Technology (Agtech)

CropZilla Software is a company that provides farm resource planning and operations solutions within the agricultural technology sector. They offer a software solution that assists farmers in designing and planning their planting, growing season, and harvest by testing resource allocation in various scenarios. The company serves the agricultural industry with a SaaS model, charging subscription fees based on acreage. It is based in Columbus, Ohio.

Date	Round	Amount	Investors	Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.	Revenue	Sources
12/6/2016	Unattributed - III	$0.8M	Undisclosed Investors	$XXM	0 FY undefined	1
10/21/2015	Unattributed - II	$XXM	Subscribe to see more	$XXM	0 FY undefined	10
1/9/2015	Unattributed	$XXM	Subscribe to see more	$XXM	0 FY undefined	10

Date	12/6/2016	10/21/2015	1/9/2015
Round	Unattributed - III	Unattributed - II	Unattributed
Amount	$0.8M	$XXM	$XXM
Investors	Undisclosed Investors	Subscribe to see more	Subscribe to see more
Valuation	$XXM	$XXM	$XXM
Revenue	0 FY undefined	0 FY undefined	0 FY undefined
Sources	1	10	10

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CropZilla Software

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