The Asia Pacific digital agriculture market size was calculated at USD 8,960 million in 2024 and is predicted to attain around USD 23,880 million by 2034, expanding at a CAGR of 10.3% from 2025 to 2034.
Highlights of the Asia Pacific Digital Agriculture Market
- By business channel, the B2B segment held a dominant presence in the market in 2024.
- By business channel, the B2C segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034
- By product type, the perishables segment accounted for a considerable share of the market in 2024.
- By product type, the non-perishables segment is projected to experience the highest growth rate in the market between 2025 and 2034.
- By component type, the hardware segment led the market.
- By component type, the devices segment is set to experience the fastest rate of market growth from 2025 to 2034
- By deployment, the cloud segment registered its dominance over the market in 2024.
- By deployment, the hybrid segment is set to experience the fastest rate of market growth from 2025 to 2034.
- By infrastructure, the sensing & monitoring segment dominated the market.
- By infrastructure, the sensors segment is anticipated to grow with the highest CAGR in the market during the studied years.
- By type, the precision farming segment maintained a leading position in the market in 2024.
- By type, the crop monitoring segment is projected to expand rapidly in the market in the coming years.
- By company type, the Tier 1-55% segment captured a significant portion of the market in 2024.
- By company type, the Tier 3-25% segment is predicted to witness significant growth in the market over the forecast period.
- By designation, the C-Level Executives-40% segment enjoyed a prominent position in the market during 2024.
- By designation, the directors segment will gain a significant share of the market over the studied period of 2025 to 2034.
- By application, the field mapping segment held a dominant presence in the market in 2024.
- By application, the livestock monitoring segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
Industry Valuation and Growth Rate Projection
| Industry Worth |
Details |
| Market Size in 2025 |
USD 9,880 Million |
| Market Size by 2034 |
USD 23,880 Million |
| Market Growth Rate from 2025 to 2034 |
CAGR of 10.3% |
Digital farming, also known as smart farming or e-agriculture, refers to the use of technology, data, and analytics to optimize overall agricultural procedures to reduce costs and improve efficiency. Digital farming helps farmers increase food production extensively compared to the traditional methods of farming.
Digital farming involves using cutting-edge technology to predict and analyze climate change, monitor the land quality, nutrient and soil composition, and wind patterns to greatly maximize their harvest. The digital farming market is rapidly growing due to the demand for technological advancements by farmers to maximize their produce.
Asia Pacific Digital Agriculture Market: Stats and Figures
- As on 24th March 2023, a total of 1138 agri startups are supported under the Agriculture Accelerator fund programme with financial assistance of Rs. 70.30 crores.
- As of 2023, approximately 40% of China's workforce is engaged in farming, primarily at a small scale.
How AI has Benefited the Asia Pacific Digital Agriculture Market
- Artificial intelligence (AI) helps in seamlessly enhancing the efficiency of agricultural operations and reducing any wastage, and increasing the production and profits for the farmers.
- AI and Machine Learning (ML) help in automating repetitive tasks and performing them with more consistency, avoiding any human error, which further helps in maximizing output and reducing labor costs.
- The integration of AI can help predict accurate climate changes through wind patterns and temperature, and generate insightful information on how precautions for such changes can be taken.
- AI aids in providing data insights based on soil and nutrition composition and suggests the best crops that can be harvested, along with the farming practices suitable for it to optimize yield.
Industry Leader Announcements
- Luis Felli, Senior Vice President and General Manager, Massey Ferguson:
"AGCO and Massey Ferguson's Farmer-First approach is centered on creating a consistently exceptional experience for our farmers,". "We are extremely proud to have a partner like SDF who shares our passion for serving the world's farmers. This partnership will strengthen Massey Ferguson's position in the low-mid horsepower tractor segment globally, allowing us to provide more farmers with straightforward, dependable, and high-quality equipment to drive their productivity and maximize profit."
- Craig Davidson, President of Taurus Agricultural Marketing Inc:
“With the support of Farmers Edge Laboratories, we’re now able to offer a more comprehensive agronomic toolkit. Its soil testing expertise and laboratory precision provide our customers with the timely, data-driven insights they need to make informed decisions and drive productivity.”
Recent Developments
- In March 2025, Kubota Corporation is scheduled to exhibit the 'Type: V' & 'Type: S' concept models of its versatile platform robots at the Future City pavilion, where Kubota will oversee the Food and Agriculture sector to realize its exhibition theme - “Planetary conscious Food and Agriculture that is friendly to the earth and people and leads to the future.”
- In February 2025, AGCO Corporation and precision ag technology signed a supply agreement to offer farmers a streamlined low-mid range horsepower tractor portfolio for AGCO's leading Massey Ferguson brand.
- In September 2024, the Government of India approved the Digital Agriculture Mission with an outlay of Rs. 2817 Crore, being an umbrella scheme to support various digital agriculture initiatives.
Competitive Landscape
The Asia Pacific digital agriculture market is highly competitive, with major technological advancements by several existing and emerging companies. Some of the prominent players in the market are AGCO Corporation, Microsoft Corporation, Kubota, HummingBird Technologies, IBM Corporation, Gamaya SA, DTN, Taranis, Farmers Edge, Eurofins, Agriwebb, and Climate Corporation.
The Asia Pacific digital agriculture market is dominated by several companies but the companies that are renowned for their contribution to the market are listed below:
- Company Name: AGCO Corporation
- Year of Incorporation: 1990
- Headquarters: Georgia, United States
AGCO Corporation is a global manufacturer and distributor of agriculture equipment, with its operations primarily in North America and Asia-Pacific. The company includes agricultural equipment, including tractors, combines, application equipment, including self-propelled sprayers, hay tools, and forage equipment, in its product lineup. The company recorded a revenue of US$ 11,662 million in 2024.
- Company Name: Kubota
- Year of Incorporation: 1890
- Headquarters: Osaka, Japan
Kubota is a leading global small tractors manufacturer and the second biggest manufacturer of farm equipment in Japan. The companies’ major operations are in the APAC region, and they are also Japan's largest producer of ductile iron pipe for water supply and sewer systems. The company recorded a revenue of US$ 19,907 million in 2024.
- Company Name: IBM Corporation
- Year of Incorporation: 1911
- Headquarters: Armonk, New York
IBM Corporation is a global IT company divided into two parts: IBM and Kyndryl to address hybrid cloud and AI opportunities with platform platform-centric approach. Its expertise in AI is transforming the agriculture market through partnerships and collaboration with such. The company recorded a revenue of US$ 62,753 million in 2024, a 1.44% increase from 2023.
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