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Smart Agriculture Market Size to Exceed USD 48.36 Billion by 2035 | Research by SNS Insider

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Smart Agriculture Market Size to Exceed USD 48.36 Billion by 2035 | Research by SNS Insider Austin, April 28, 2026 (GLOBE NEWSWIRE) -- Smart Agriculture Market Size & Growth Outlook:

According to the SNS Insider, “The Smart Agriculture Market Size was valued at USD 19.34 Billion in 2025 and is expected to grow to USD 48.36 Billion by 2035 and grow at a CAGR of 9.6% over 2026-2035.”

Decreasing Price of Solar Energy Propel Market Expansion Globally

Solar power is now a major market driver for the Smart Agriculture sector due to technological breakthroughs that have drastically lowered its cost. With a 90% drop in Levelized Cost of Electricity (LCOE) from ten cents to just one or two cents per kilowatt-hour in places, such as Africa, solar energy is now much more economical and environmentally friendly. This financial advantage encourages farmers to adopt smart agricultural solutions by integrating solar technology into farming practices. With an efficiency of 24.4% and a 6.5-8% increase in power generation on the same land area, LONGi's Hi-MO 9 module highlights the progress in solar technology and confirms its position as a viable and attractive option for powering agricultural activities. The use of smart agriculture technologies is accelerating due to cost reductions and the agricultural sector's growing energy requirements.

Smart Agriculture Market Size and Growth:

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Leading Market Players with their Product Listed in this Report are:

Smart Agriculture Market Report Scope:

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Key Segmentation Analysis:

By Offering

Software was the dominant force in the Smart Agriculture market, boasting a substantial 56% share in 2025 owing to the fact that smart farming is driven by data. The growth of IoT devices and sensors in farming has also boosted the software industry. These sensors function as virtual vision and hearing organs, consistently producing information that must be gathered and analyzed.

By Farm Size

Smart Agriculture Market in 2025 is led by small farms 38% share, driven by adoption of cost-effective technologies, such as smart irrigation, soil sensors, and mobile farm management applications globally. Medium farms 34% share show strong uptake due to better capital access and measurable productivity gains.

By Application

Precision Farming dominated the Smart Agriculture market with 42% of share in 2025 due to its capacity to convert conventional agriculture into an efficient and fruitful process. As the global population continues to rise and the need for more food increases, precision farming is becoming increasingly important for guaranteeing food security and sustainability.

Regional Insights:

With a 36% market share in 2025, North America dominated the smart agriculture sector. This region's robust agriculture sector and significant interest in technology development have created a climate that is conducive to creative farming solutions. By offering state-of-the-art machinery and software to improve farm operations, John Deere and Trimble are setting the standard.

Asia Pacific is the second largest fastest growing region with 26% of share in 2025. The Asia Pacific region is undergoing a swift agricultural evolution supported by advanced technologies such as variable rate technology, intelligent irrigation systems, and AI-driven analytics.

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Recent Developments:

Exclusive Sections of the Smart Agriculture Market Report (The USPs):

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

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