Latin America: precision agriculture market value 2018-2023

Published by P. Navarro Villa, Feb 13, 2024
In 2018, the precision agriculture management market in Latin America was valued at around 670 million U.S. dollars and the value is expected to rise to about 1.37 billion U.S. dollars by 2023, with a compound annual growth rate of 15.4 percent.

Precision agriculture market value in Latin America from 2018 to 2023 (in billion U.S. dollars)

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Sources

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Release date

February 2020

Region

LAC

Survey time period

February 2020

Supplementary notes

* Forecast. Figures have been rounded.
An exponential development of the values was assumed to estimate the annual values between 2018 and 2023, which were provided by the source.

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