Global market size of smart farming 2021-2027

Published by
M. Shahbandeh,
Sep 25, 2023
This statistic shows the market value of smart farming worldwide in 2021, and provided a forecast for 2022 to 2027. The global market size of smart agriculture is expected to grow from approximately 15 billion U.S. dollars in 2022 to 33 billion U.S. dollars by 2027.

Forecast market value of smart farming worldwide in 2021 to 2027 (in billion U.S. dollars)

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Release date

July 2023

Region

Worldwide

Survey time period

2022

Special properties

Smart farming types Precision Agriculture, Livestock Monitoring and Management, Indoor Farming, Aquaculture, and Others

Supplementary notes

For the Statista estimate an exponential development of the values between 2022 and 2027 was assumed to estimate the annual values. The values for 2021, 2022 and 2027 were provided by the source.
Figures have been rounded.

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