Smart Agriculture Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity:

The smart agriculture market is expected to grow from USD 14.56 billion in 2022 to USD 29.34 billion by 2029 at a CAGR of 10.5% during the forecast period. The United States Food and Agriculture Organization predicts that the global population will reach 9 billion by 2050, leading to a 2% annual growth in food demand and an increased need for land, energy, water, and other resources. To meet this demand, there is an expected 70% increase in food production by 2050.