Global market size of smart farming 2020-2026

Published by
M. Shahbandeh,
Oct 12, 2022
This statistic shows the market value of smart farming worldwide in 2017 and 2020, and provided a forecast for 2026. The global market size of smart agriculture is expected to grow from approximately 12.4 billion U.S. dollars in 2020 to 34.1 billion U.S. dollars by 2026.

Forecast market value of smart farming worldwide in 2020 to 2026 (in billion U.S. dollars)

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BIS Research
Release date

March 2022

Region

Worldwide

Survey time period

2021

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 2020 and 2026 was assumed to estimate the annual values. The values for 2020 and 2026 were provided by the source.
Figures have been rounded.

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