Asia Pacific Agriculture Iot Market Size & Outlook
The agriculture iot market in Asia Pacific is expected to reach a projected revenue of US$ 16,587.4 million by 2030. A compound annual growth rate of 7.8% is expected of Asia Pacific agriculture iot market from 2025 to 2030.
The Asia Pacific agriculture iot market generated a revenue of USD 10,150.3 million in 2024.
The market is expected to grow at a CAGR of 7.8% from 2025 to 2030.
In terms of segment, hardware was the largest revenue generating component in 2024.
Services is the most lucrative component segment registering the fastest growth during the forecast period.
Country-wise, Japan is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
Market revenue in 2024
USD 10,150.3 million
Market revenue in 2030
USD 16,587.4 million
Growth rate
7.8% (CAGR from 2025 to 2030)
Largest segment
Hardware
Fastest growing segment
Services
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Hardware, Software, Services
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 35.4% of the global agriculture iot market in 2024.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
MEA is the fastest growing regional market and is projected to reach USD 3,768.9 million by 2030.
The agriculture IoT market is propelled by rapid technological advancements and a growing emphasis on food security due to increasing population pressures. The integration of AI and big data analytics into agricultural practices is enabling farmers to monitor resources effectively, automate processes, and make data-driven decisions. Furthermore, supportive government policies aimed at promoting modern agricultural techniques are fostering the adoption of IoT solutions across the region, addressing challenges such as labor shortages and climate change impacts.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Agriculture IoT Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 62.8% in 2024.
Horizon Databook has segmented the Asia Pacific agriculture iot market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The agriculture IoT market is propelled by rapid technological advancements and a growing emphasis on food security due to increasing population pressures. The integration of AI and big data analytics into agricultural practices is enabling farmers to monitor resources effectively, automate processes, and make data-driven decisions. Furthermore, supportive government policies aimed at promoting modern agricultural techniques are fostering the adoption of IoT solutions across the region, addressing challenges such as labor shortages and climate change impacts.
Asia Pacific Agriculture Iot Market Component Outlook (Revenue, USD Million , 2018-2030)
Hardware
Software
Services
Asia Pacific Agriculture Iot Market Deployment Outlook (Revenue, USD Million , 2018-2030)
On-premise
Cloud
Asia Pacific Agriculture Iot Market Connectivity Outlook (Revenue, USD Million , 2018-2030)
Wi-Fi
Bluetooth
Cellular
Others
Asia Pacific Agriculture Iot Market Farm Type Outlook (Revenue, USD Million , 2018-2030)
Large
Mid-Sized
Small
Asia Pacific Agriculture Iot Market Application Outlook (Revenue, USD Million , 2018-2030)
Precision Farming
Livestock Monitoring
Smart Greenhouse
Aquaculture
Others
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Target buyers of Agriculture IoT Market Outlook databook
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Agriculture IoT Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Agriculture IoT Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Agriculture Iot Market, 2018-2030 (US$M)