Agriculture Technology-as-a-Service Market 2030: Size, Growth Drivers & Competitive Landscape
Agriculture Technology-as-a-Service Market Size & Insights
The Global Agriculture Technology-as-a-Service Market size was valued at around USD 2.8 billion in 2024 and is projected to reach USD 5.74 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12.70% during the forecast period, i.e., 2025-30. The market growth is primarily to the consistently growing need for agricultural products across the world. The increasing human population, changes in dietary patterns, and improved farmers’ income are the main reasons for the requirement for optimum agricultural produce through the integration of state-of-the-art technologies.
What are the Key DROs in the Agriculture Technology-as-a-Service Market?
Increasing Need for Sustainable Agriculture Solutions – The increasing global population is contributing to the escalating demand for sustainable food around the globe. According to the World Bank, the population is presumed to reach around 9.7 billion by 2050, which positively generates the demand for food. Thus, sustainable agriculture solutions help to meet this demand while reducing the environmental impact of agriculture.
What are the Key Segments in the Agriculture Technology-as-a-Service Market?
The Agriculture Technology-as-a-Service is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Service Type
- Software-as-a-Service
- Equipment-as-a-Service
Equipment-as-a-Service (EaaS) is expected to grow at a faster pace in the forthcoming years in the global market, with around 56% market share, as equipment companies are launching new products on a subscription model globally.
By Technology
- Data Analytics & Intelligence
- Guidance Technology
- Sensing Technology
- Variable Rate Application Technology
- Others
Data Analytics & Intelligence acquired the highest market share, approximately 33%, owing to the rising demand for advanced data-driven insights & decision-making capabilities in the agriculture industry.
By Application
- Yield Mapping & Monitoring
- Soil Management
- Crop Health Management
- Navigation & Positioning
- Others
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How does geographical analysis highlight in the Agriculture Technology-as-a-Service market?
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
North America has held a prominent market share of around 38% since the historical period. In part, the growth can be credited to the inclination to integrate advanced technology in farmlands, such as control systems & automation, and to smart farming, which is gaining acceptance at a faster rate.
Who are the Key Players in Agriculture Technology-as-a-Service Market?
- AGCO Corporation
- CLAAS Group
- CNH Industrial NV
- Deere & Company
- Kubota Corporation
- Yanmar Co. Ltd
- 365FarmNet GmBH
- Agrivi
- CropIn Technology Solutions Pvt Ltd
- Fujitsu Ltd
- IBM Corporation
- Microsoft Corporation
- Robert Bosch GmBH
- Trimble Inc
- Parrot SA
- Pixhawk
- Precision Hawk
- Harvest Automation Inc.
- Naio Technologies
- Small Robot Company
- Others Potential Players
- Topcon Corporation
- Teejet Corporation
- SGS SA
- Raven Industries Inc
- Intertek Group Plc
- Airbus SAS
- AT&T
- Ceres Imaging Inc
- Hexagon Agriculture
- Nutrien AgSolutions Inc.
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Agriculture Technology-as-a-Service Market News
- 2025: AGCO Corporation announced new subscription-based models for its autonomous tractors and Panorama data-management tools, aligning with its broader digital transformation strategy. The company aims to generate USD2 billion in tech-driven revenue by 2029, emphasizing scalable, service-oriented precision agriculture solutions.
- 2025: CropIn Technology Solutions Pvt Ltd. launched Sage, a real-time agri-intelligence platform powered by Google Gemini. The platform delivers high-resolution analytics on crop health, soil quality, irrigation efficiency, and climate conditions worldwide, supporting smarter farm decisions and boosting productivity across diverse agricultural ecosystems.
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- Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.
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Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
- Emerging Technologies: Discover advancements like AI integration.
- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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