This statistic shows the forecasted market value of smart farming worldwide in 2017 and 2022. The global market size of smart agriculture is expected to grow from approximately 9.58 billion U.S. dollars in 2017 to 23.14 billion U.S. dollars by 2022.
Global market size of smart farming 2017-2022
Forecast market value of smart agriculture worldwide in 2017 and 2022
(in billion U.S. dollars)
Source
In cooperation with
Release date
December 2018
More information
Region
Worldwide
Survey time period
2017
Supplementary notes
* Forecast.
Smart farming types including precision crop farming, livestock monitoring and management, indoor farming, aquaculture, and others (forestry and orchids).
The source adds the following information: "The smart farming market encompasses a wide array of solutions such as hardware systems,
software, and services.
Figures have been rounded.
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BIS Research. (December 7, 2018). Forecast market value of smart agriculture worldwide in 2017 and 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 08, 2019, from https://www.statista.com/statistics/720062/market-value-smart-agriculture-worldwide/
BIS Research. "Forecast market value of smart agriculture worldwide in 2017 and 2022 (in billion U.S. dollars)." Chart. December 7, 2018. Statista. Accessed December 08, 2019. https://www.statista.com/statistics/720062/market-value-smart-agriculture-worldwide/
BIS Research. (2018). Forecast market value of smart agriculture worldwide in 2017 and 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 08, 2019. https://www.statista.com/statistics/720062/market-value-smart-agriculture-worldwide/
BIS Research. "Forecast Market Value of Smart Agriculture Worldwide in 2017 and 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Dec 2018, https://www.statista.com/statistics/720062/market-value-smart-agriculture-worldwide/
BIS Research, Forecast market value of smart agriculture worldwide in 2017 and 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/720062/market-value-smart-agriculture-worldwide/ (last visited December 08, 2019)