The precision agriculture market in Latin America was estimated at more than 630 million U.S. dollars in 2018, and was forecast to continue growing in the upcoming years. In the period from 2019 to 2025, Argentina was expected to register the highest compound annual growth rate (CAGR), amounting to nearly 17 percent. Brazil and Mexico were also forecast to register a CAGR of more than 16 percent in the period.
Compound annual growth rate (CAGR) of the precision agriculture market value in selected countries in Latin America from 2019 to 2025
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BIS Research. (November 2, 2020). Compound annual growth rate (CAGR) of the precision agriculture market value in selected countries in Latin America from 2019 to 2025 [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1184401/latin-america-precision-agriculture-cagr-country/
BIS Research. "Compound annual growth rate (CAGR) of the precision agriculture market value in selected countries in Latin America from 2019 to 2025." Chart. November 2, 2020. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1184401/latin-america-precision-agriculture-cagr-country/
BIS Research. (2020). Compound annual growth rate (CAGR) of the precision agriculture market value in selected countries in Latin America from 2019 to 2025. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1184401/latin-america-precision-agriculture-cagr-country/
BIS Research. "Compound Annual Growth Rate (Cagr) of The Precision Agriculture Market Value in Selected Countries in Latin America from 2019 to 2025." Statista, Statista Inc., 2 Nov 2020, https://www.statista.com/statistics/1184401/latin-america-precision-agriculture-cagr-country/
BIS Research, Compound annual growth rate (CAGR) of the precision agriculture market value in selected countries in Latin America from 2019 to 2025 Statista, https://www.statista.com/statistics/1184401/latin-america-precision-agriculture-cagr-country/ (last visited November 18, 2024)
Compound annual growth rate (CAGR) of the precision agriculture market value in selected countries in Latin America from 2019 to 2025 [Graph], BIS Research, November 2, 2020. [Online]. Available: https://www.statista.com/statistics/1184401/latin-america-precision-agriculture-cagr-country/