Precision Farming Market (By Offering: Hardware, Sensing and Monitoring Devices, Software, Services; By Application: Yield Monitoring, Crop Scouting, Field Mapping, Variable Rate Application, Weather Tracking and Forecasting, Inventory Management, Farm Labor Management, Financial Management, Others; By Technology: Precision Farming Guidance System, Remote Sensing Precision Farming, Variable-Rate Technology Precision Farming) - Market Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030
The global precision farming market size was estimated at USD 9.31 billion in 2022 and is projected to surpass around USD 26.8 billion by 2030 with a compound annual growth rate (CAGR) of 14.13% over the forecast period 2023 to 2030.