Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Component (Solution, Platforms, Services), By Platforms (Device Management, Application Enablement, Connectivity Management), By Application (Pre-Production Planning and Management, In-Production Planning and Management, Post-Production Planning and Management) And Competitive Landscape
Product Code: ETC4602447 | Publication Date: Jul 2023 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | Africa Connected Agriculture |
Forecast Period | 2024-2030 |
Market Size | USD 1.8 Billion - 4.1 Billion |
CAGR | 8.6% |
Growing Sector | Agriculture |
The Africa Connected Agriculture market report thoroughly covers the market by component, by platform, by application and by countries. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Africa Connected Agriculture Market is experiencing substantial growth, with its market size valued at approximately $1.8 billion in 2024. This market is projected to reach around $4.1 billion by 2030.
The Africa Connected Agriculture Market is rapidly growing as digital technologies transform traditional farming practices across the continent. This market, driven by increased smartphone penetration, advancements in IoT (Internet of Things), and supportive government policies, aims to enhance agricultural productivity and efficiency. Key trends include the rise of precision agriculture, real-time monitoring of crops and livestock, and data-driven decision-making tools that improve yields and resource management. The market is also supported by growing investment in agri-tech startups and initiatives focused on digital infrastructure.
According to 6Wresearch, Africa Connected Agriculture market size is projected to grow at a CAGR of 8.6% during 2024-2030. The growth of the Africa Connected Agriculture Market is primarily driven by several key factors such as the widespread adoption of smartphones and mobile internet, which facilitates access to digital agricultural solutions; advancements in IoT and data analytics that enable precision farming and real-time monitoring; and supportive government initiatives aimed at boosting agricultural productivity and digital infrastructure. Additionally, increasing investment in agri-tech startups and the growing emphasis on sustainable farming practices contribute to market expansion. The need to address food security and enhance resource management further propels the demand for connected agriculture technologies across the continent. Despite challenges such as infrastructure limitations and data privacy concerns, the overall outlook is positive, with significant potential for innovation and expansion in the sector.
Key companies leading the Africa Connected Agriculture Market include Microsoft, which offers cloud-based solutions and AI tools for precision farming; IBM, known for its blockchain and IoT technologies enhancing supply chain transparency and agricultural efficiency; AgriDigital, providing digital platforms for farm management and commodity trading; iProcure, specializing in supply chain solutions and agricultural inputs; and Twiga Foods, leveraging technology to streamline the agricultural value chain and connect farmers with markets. These companies are at the forefront of integrating digital solutions into agriculture, driving innovation and contributing significantly to market growth.
Government regulations in the Africa Connected Agriculture Market focus on promoting digital adoption and enhancing agricultural productivity through various policies and initiatives. Many African governments are implementing frameworks to support the integration of technology in agriculture, such as subsidies for digital tools, tax incentives for agri-tech investments, and grants for research and development in agricultural innovations. Additionally, policies are being developed to improve digital infrastructure, including expanding internet connectivity in rural areas and establishing data protection regulations to ensure privacy and security.
The future of the Africa Connected Agriculture Market looks promising, with continued advancements in technology poised to further transform the sector. Emerging trends include the integration of artificial intelligence and machine learning for more sophisticated predictive analytics and automation in farming practices. Enhanced connectivity through 5G and expanded digital infrastructure will facilitate greater access to real-time data and remote management tools. Additionally, as governments and private sectors increase their focus on sustainability, there will be a rise in solutions that promote environmental stewardship and resource efficiency. These developments are expected to drive significant growth, improve agricultural productivity, and contribute to the overall advancement of the agricultural sector in Africa.
According to Ravi Bhandari, Research Head, 6Wresearch, South Africa is a leader in agricultural technology adoption, with a robust digital infrastructure and numerous agri-tech startups enhancing farm management and productivity.
Applications in the Africa Connected Agriculture Market, Pre-Production Planning and Management tools assist farmers with soil analysis, crop selection, and planting schedules, using data to optimize resource allocation and preparation. In-Production Planning and Management applications provide real-time monitoring of crop and livestock conditions, automate irrigation and fertilization processes, and manage pest and disease outbreaks.
The Africa Connected Agriculture market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Connected Agriculture Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Connected Agriculture Market Revenues & Volume, 2020 & 2030F |
3.3 Africa Connected Agriculture Market - Industry Life Cycle |
3.4 Africa Connected Agriculture Market - Porter's Five Forces |
3.5 Africa Connected Agriculture Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Africa Connected Agriculture Market Revenues & Volume Share, By Component , 2020 & 2030F |
3.7 Africa Connected Agriculture Market Revenues & Volume Share, By Platforms, 2020 & 2030F |
3.8 Africa Connected Agriculture Market Revenues & Volume Share, By Application , 2020 & 2030F |
4 Africa Connected Agriculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Connected Agriculture Market Trends |
6 Africa Connected Agriculture Market, 2020 - 2030 |
6.1 Africa Connected Agriculture Market, Revenues & Volume, By Component , 2020 - 2030 |
6.2 Africa Connected Agriculture Market, Revenues & Volume, By Platforms, 2020 - 2030 |
6.3 Africa Connected Agriculture Market, Revenues & Volume, By Application , 2020 - 2030 |
7 South Africa Connected Agriculture Market, 2020 - 2030 |
7.1 South Africa Connected Agriculture Market, Revenues & Volume, By Component , 2020 - 2030 |
7.2 South Africa Connected Agriculture Market, Revenues & Volume, By Platforms, 2020 - 2030 |
7.3 South Africa Connected Agriculture Market, Revenues & Volume, By Application , 2020 - 2030 |
8 Nigeria Connected Agriculture Market, 2020 - 2030 |
8.1 Nigeria Connected Agriculture Market, Revenues & Volume, By Component , 2020 - 2030 |
8.2 Nigeria Connected Agriculture Market, Revenues & Volume, By Platforms, 2020 - 2030 |
8.3 Nigeria Connected Agriculture Market, Revenues & Volume, By Application , 2020 - 2030 |
9 Kenya Connected Agriculture Market, 2020 - 2030 |
9.1 Kenya Connected Agriculture Market, Revenues & Volume, By Component , 2020 - 2030 |
9.2 Kenya Connected Agriculture Market, Revenues & Volume, By Platforms, 2020 - 2030 |
9.3 Kenya Connected Agriculture Market, Revenues & Volume, By Application , 2020 - 2030 |
10 Rest of Africa Connected Agriculture Market, 2020 - 2030 |
10.1 Rest of Africa Connected Agriculture Market, Revenues & Volume, By Component , 2020 - 2030 |
10.2 Rest of Africa Connected Agriculture Market, Revenues & Volume, By Platforms, 2020 - 2030 |
10.3 Rest of Africa Connected Agriculture Market, Revenues & Volume, By Application , 2020 - 2030 |
11 Africa Connected Agriculture Market Key Performance Indicators |
12 Africa Connected Agriculture Market - Opportunity Assessment |
12.1 Africa Connected Agriculture Market Opportunity Assessment, By Countries, 2020 & 2030F |
12.2 Africa Connected Agriculture Market Opportunity Assessment, By Component , 2020 & 2030F |
12.3 Africa Connected Agriculture Market Opportunity Assessment, By Platforms, 2020 & 2030F |
12.4 Africa Connected Agriculture Market Opportunity Assessment, By Application , 2020 & 2030F |
13 Africa Connected Agriculture Market - Competitive Landscape |
13.1 Africa Connected Agriculture Market Revenue Share, By Companies, 2023 |
13.2 Africa Connected Agriculture Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |