Market Forecast by Countries (United States, Canada), By Hardware Type (Precision Farming Hardware, Precision Livestock Hardware, Precision Aquaculture Hardware, Precision Forestry Hardware, Smart Greenhouses Hardware, Others Hardware), By Farm Type (Large, Mid-Sized, Small Farms), By Farm Production Planning Stage (Pre-Production Planning, Production Planning, Post-Production Planning), By Application (Precision Farming, Precision Livestock, Precision Aquaculture, Precision Forestry, Smart Greenhouses, Others) And Competitive Landscape
Product Code: ETC4621985 | Publication Date: Jul 2023 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Agriculture IoT Market |
Forecast Period | 2025-2031 |
Market Size | USD 600 -800 million by 2031 |
CAGR | 8.2% |
Growing Sector | Agriculture |
North America Agriculture IoT Market report thoroughly covers the market By Countries, By Hardware Type, By Farm Type, By Farm Production Planning Stage, and By Application. The market outlook report provides an unbiased and detailed analysis of the ongoing 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 North America Agriculture IoT market is projected to expand at a CAGR of 8.2%, potentially reaching USD 600-800 million by 2031, as IoT technologies become more accessible and critical for improving agricultural efficiency across the region. This growth is driven by the increasing adoption of IoT solutions for smart farming, precision agriculture, and livestock monitoring to enhance productivity and resource management.
North America Agriculture IoT Market is witnessing substantial growth, driven by the increasing adoption of smart farming techniques across the continent. With a large portion of its population depending on agriculture for livelihood, the integration of Internet of Things (IoT) technologies in farming practices is transforming the landscape. Through precision farming, farmers are now optimizing resources, monitoring crop health in real-time, and making informed decisions that enhance productivity and sustainability.
According to 6Wresearch, the North America Agriculture IoT Market size is anticipated to reach a CAGR of 8.2% during the forecast period of 2025-2031. The market is witnessing significant growth, propelled by several key factors. Technological advancements and the increasing adoption of IoT solutions in agriculture are driving efficiency, productivity, and sustainability in the sector. These solutions enable real-time monitoring and data analysis, leading to informed decision-making and optimized resource use. Major trends include the rise of precision farming, smart greenhouses, and livestock monitoring, which contribute to enhanced crop yields and farm management.
However, the industry faces restraints such as high initial investment costs and a lack of technical expertise among farmers. Despite these challenges, emerging opportunities are abundant, particularly in the integration of artificial intelligence and machine learning technologies that promise to unlock new levels of agricultural intelligence and automation. The support from governments and private investments in IoT infrastructure also presents a significant opportunity for North America Agriculture IoT Market Growth.
Precision farming and precision livestock monitoring are among the major trends driving the growth of the North America Agriculture IoT Market. Precision farming involves using IoT technologies such as sensors, drones, and GPS devices to optimize resource use by collecting data on soil moisture levels, weather patterns, crop health, and more. This enables farmers to make informed decisions about irrigation schedules, fertilization techniques, and pesticide management.
Similarly, precision livestock monitoring uses IoT solutions such as smart collars and tags to monitor animal behavior, health status, location tracking, and feed intake. This data empowers farmers to detect anomalies early on and provide timely medical care or adjust feeding schedules for better productivity.
The increasing interest in sustainable and efficient farming practices has led to a rise in investments in the agriculture IoT sector. Major players such as IBM, Microsoft, and John Deere are investing in innovative IoT solutions for precision farming and livestock monitoring. Additionally, government initiatives promoting digitalization of the agricultural sector present significant investment opportunities.
Moreover, the increasing adoption of smart irrigation systems, weather forecasting technologies, and automated crop harvesting machinery is expected to drive growth in the North America Agriculture IoT Market. This presents opportunities for investors to tap into the growing market and support the development of advanced IoT solutions that cater to the specific needs of North American farmers.
In recent years, the governments have recognized the potential of the Internet of Things (IoT) in transforming the agricultural sector, which is a critical component of the continent's economy. Initiatives and policies have been introduced to facilitate the adoption of IoT-based solutions, aiming to increase agricultural productivity, ensure food security, and support sustainable farming practices. For instance, the Digital Agriculture Flagship Program, launched by the North American Union, seeks to incorporate digital technology into farming operations across the continent. This includes IoT applications for soil and weather monitoring, which can significantly enhance decision-making processes for farmers. Furthermore, countries like Kenya and Nigeria have set up innovation hubs and funding schemes to support startups and entrepreneurs who are developing IoT technologies tailored to the agricultural sector.
Several players are shaping the future of the North America Agriculture IoT Industry. These entities include IBM, known for its innovative Watson Decision Platform for Agriculture, John Deere, which specializes in integrating smart technology into farming equipment, and Trimble, renowned for its precision agriculture solutions. Other notable companies such as OnFarm, FarmLogs, and Agribotix also contribute significantly by offering data-driven insights and IoT solutions tailored to enhance productivity and sustainability in North American agriculture.
The future of the North America Agriculture IoT Market looks promising, driven by the increasing adoption of IoT devices and the Internet of Things technology across the agricultural sector. Innovations in drone technology, satellite imagery, and machine learning are expected to play pivotal roles in transforming agricultural practices, enabling precise crop monitoring, and efficient resource management. Sustainability and climate resilience will also be key focuses, with IoT technologies offering solutions for smart irrigation, pest control, and crop health monitoring. This technological evolution represents a significant opportunity for North American countries to improve food security, reduce environmental impact, and drive economic growth in the agricultural sector.
The report offers a comprehensive study of the subsequent market segments and their leading categories
The United States dominates the North America Agriculture IoT Market market, accounting for a significant share of the total market revenue. This is due to factors such as advanced technological infrastructure, government support and investments in innovative farming solutions, and a high level of awareness among farmers about the benefits of IoT in agriculture.
According to Dhaval, Research Manager, 6Wresearch, Precision Farming Hardware is forecast to dominate the North America Agriculture IoT Market Share over the years due to their capability to enhance decision-making, improve resource management, and ultimately increase crop yields.
The large farm segment is expected to dominate the North America Agriculture IoT market, as these farms typically have larger areas of land and greater resources for investment in precision farming technologies.
By Application, Precision Farming is witnessing the growth due to its comprehensive approach in utilizing IoT technologies to monitor, analyze, and optimize various aspects of farming operations, from soil conditions to weather patterns.
The report offers a comprehensive study of the subsequent 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 North America Agriculture IoT Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Agriculture IoT Market Revenues & Volume, 2021 & 2031F |
3.3 North America Agriculture IoT Market - Industry Life Cycle |
3.4 North America Agriculture IoT Market - Porter's Five Forces |
3.5 North America Agriculture IoT Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Agriculture IoT Market Revenues & Volume Share, By Hardware Type, 2021 & 2031F |
3.7 North America Agriculture IoT Market Revenues & Volume Share, By Farm Type, 2021 & 2031F |
3.8 North America Agriculture IoT Market Revenues & Volume Share, By Farm Production Planning Stage, 2021 & 2031F |
3.9 North America Agriculture IoT Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 North America Agriculture IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Agriculture IoT Market Trends |
6 North America Agriculture IoT Market, 2021 - 2031 |
6.1 North America Agriculture IoT Market, Revenues & Volume, By Hardware Type, 2021 - 2031 |
6.2 North America Agriculture IoT Market, Revenues & Volume, By Farm Type, 2021 - 2031 |
6.3 North America Agriculture IoT Market, Revenues & Volume, By Farm Production Planning Stage, 2021 - 2031 |
6.4 North America Agriculture IoT Market, Revenues & Volume, By Application, 2021 - 2031 |
7 United States Agriculture IoT Market, 2021 - 2031 |
7.1 United States Agriculture IoT Market, Revenues & Volume, By Hardware Type, 2021 - 2031 |
7.2 United States Agriculture IoT Market, Revenues & Volume, By Farm Type, 2021 - 2031 |
7.3 United States Agriculture IoT Market, Revenues & Volume, By Farm Production Planning Stage, 2021 - 2031 |
7.4 United States Agriculture IoT Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Canada Agriculture IoT Market, 2021 - 2031 |
8.1 Canada Agriculture IoT Market, Revenues & Volume, By Hardware Type, 2021 - 2031 |
8.2 Canada Agriculture IoT Market, Revenues & Volume, By Farm Type, 2021 - 2031 |
8.3 Canada Agriculture IoT Market, Revenues & Volume, By Farm Production Planning Stage, 2021 - 2031 |
8.4 Canada Agriculture IoT Market, Revenues & Volume, By Application, 2021 - 2031 |
9 North America Agriculture IoT Market Key Performance Indicators |
10 North America Agriculture IoT Market - Opportunity Assessment |
10.1 North America Agriculture IoT Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Agriculture IoT Market Opportunity Assessment, By Hardware Type, 2021 & 2031F |
10.3 North America Agriculture IoT Market Opportunity Assessment, By Farm Type, 2021 & 2031F |
10.4 North America Agriculture IoT Market Opportunity Assessment, By Farm Production Planning Stage, 2021 & 2031F |
10.5 North America Agriculture IoT Market Opportunity Assessment, By Application, 2021 & 2031F |
11 North America Agriculture IoT Market - Competitive Landscape |
11.1 North America Agriculture IoT Market Revenue Share, By Companies, 2024 |
11.2 North America Agriculture IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |