5G Smart Farming Market Expected to Reach USD 113.16 Billion by 2034, Growing at a CAGR of 18.24%

Market Stats:

The global 5G smart farming market size was valued at USD 21.80 billion in 2024. The market is projected to grow from USD 25.63 billion in 2025 to USD 113.16 billion by 2034, exhibiting a CAGR of 18.24% during 2025–2034.

The newly published research report titled 5G Smart Farming Market Size, Share, Trends, Industry Analysis Report: By Component (Hardware, Software, and Services), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034, provides an in-depth analysis of the rapidly growing sector. It sheds light on all the major market aspects, including share, size, and industry developments. Also, it includes an examination of the current and emerging market trends to provide a more in-depth market analysis. Both quantitive and qualitative analysis methods have been used to provide a thorough understanding of market macroeconomic factors.

The research report includes information about major market participants, covering their offerings and other strategic developments. Crucial information on factors like distribution channels and technology upgrades has been provided in the study. Pictorial representations such as tables, charts, and graphs have been included to enable easy comprehension of the market stats and other important data. The report serves as a vital resource for anyone seeking to understand the dynamics of the 5G Smart Farming Market.

Market Definition:

5G smart farming involves incorporating 5G wireless technology into agricultural methods to improve farm productivity and sustainability. With its rapid data transfer, minimal latency, and capacity to link numerous devices, 5G facilitates real-time monitoring, automation, and accurate farming. Farmers can utilize sensors, drones, and IoT devices to monitor soil moisture, plant health, and environmental factors, resulting in more efficient resource utilization, enhanced crop production, and superior decision-making.

Growth Drivers and Opportunities:

• Numerous governments and agricultural organizations are investing in and backing the advancement of 5G infrastructure and intelligent farming technologies. Programs, grants, and initiatives focused on promoting agricultural innovation and digital infrastructure lower financial obstacles and stimulate farmers’ and agribusinesses’ use of smart technologies.
• Rising labor expenses and global labor shortages have accelerated the implementation of smart farming techniques by local producers, fulfilling the strong global demand for locally sourced agricultural products.

Competitive Landscape:

The competitive landscape section sheds light on all the 5G Smart Farming Market key players, covering their offerings, revenue sources, offerings, operating strategies, and focus areas. Besides, new market players trying to establish their market presence have been identified and examined in the report. SWOT analysis and PESTEL analysis have been used in the report to examine the major competitive forces in the market. Information on strategic developments, such as mergers and acquisitions, collaborations, and partnerships, has been provided.

A few of the key players covered in the research report are:

• Trimble Inc.
• AG Leader Technology
• Huawei
• Dronetech
• Ericsson
• Deere and Company
• LumiGrow
• Raven Industries
• DroneDeploy
• Vodacom
• Indigo Ag

Regional Analysis:

5G Smart Farming Market, Regional Outlook (Revenue – USD Billion, 2020-2034)

• North America
  • Component Outlook
    • Hardware
      • Drones
      • Robotic Systems
      • Smart Tractors
    • Software
    • Services
  • Application Outlook
    • Land Preparation
    • Planting and Seeding
    • Nutrient Management
    • Harvest
    • Water Management
    • Other
• Europe
  • Component Outlook
    • Hardware
      • Drones
      • Robotic Systems
      • Smart Tractors
    • Software
    • Services
  • Application Outlook
    • Land Preparation
    • Planting and Seeding
    • Nutrient Management
    • Harvest
    • Water Management
    • Other
• Asia Pacific
  • Component Outlook
    • Hardware
      • Drones
      • Robotic Systems
      • Smart Tractors
    • Software
    • Services
  • Application Outlook
    • Land Preparation
    • Planting and Seeding
    • Nutrient Management
    • Harvest
    • Water Management
    • Other

The research report discusses the growth trajectory of the market across various regions and sub-regions. An analysis of the different market segments at the national, global, and regional levels has been provided. In addition, other important regional market aspects, such as supply chain analysis, market consumers, and raw material origins, have been included. Furthermore, readers can tap into vital information on revenue projections and worldwide production by going through the 5G Smart Farming Market research report.

The major regions and sub-regions covered in the study are:

• North America (US, Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia, and Rest of Europe)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of Middle East & Africa)

Top Research Report Highlights:

• Offers information into strategic initiatives by both leading participants and new players in the market.
• Uses industry standard research methodologies to provide a reliable 5G Smart Farming Market analysis.
• Examines all the major competitive forces anticipated to impact the market’s growth trajectory.
• Provides information on market opportunities for businesses by highlighting market sections with high potential.
• Covers supply chain issues and provides information on how market participants can deal with them.

Report Answers Questions Such As:

• What are the 5G Smart Farming Market stats?
• What are the market projections covering production volume and capacity?
• Who are the major market participants?
• How are strategic developments projected to influence the market’s growth trajectory?
• What are the major market trends to look out for?
• What are the major segments and sub-segments in the market?

 

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