Smart Agriculture Market to Reach $45 Billion by 2030, Driven by Tech Advancements and Automation

Global smart agriculture market size to reach $45.39 billion by 2030, growing at a CAGR of 15.55% between 2023-2030.

Key drivers include technological advancements, increasing availability of farmland, and automation of commercial greenhouses.

Leading players adopting strategies like mergers & acquisitions, product innovations, and joint ventures to expand market share.

Precision farming segment to exhibit fastest growth due to optimizing resource use and boosting crop yield.

North America to dominate market share due to well-established agriculture industry and presence of key technology providers.