In 2021, the market value of global agricultural technology (agtech) stood at approximately 10.5 billion U.S. dollars. The agtech market is expected to increase rapidly in the years up to 2025, potentially more than doubling its current value by then. The agtech market consists of the following segments: agricultural management platforms, supply chain and inventory management solutions, GPS services and field mapping services, agricultural monitoring services, and micro-farming solutions.
Agricultural technology (Agtech) market value worldwide from 2020 to 2025
(in billion U.S. dollars)
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Juniper Research. (March 1, 2021). Agricultural technology (Agtech) market value worldwide from 2020 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1222528/worldwide-agricultural-technology-market-value/
Juniper Research. "Agricultural technology (Agtech) market value worldwide from 2020 to 2025 (in billion U.S. dollars)." Chart. March 1, 2021. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1222528/worldwide-agricultural-technology-market-value/
Juniper Research. (2021). Agricultural technology (Agtech) market value worldwide from 2020 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1222528/worldwide-agricultural-technology-market-value/
Juniper Research. "Agricultural Technology (Agtech) Market Value Worldwide from 2020 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2021, https://www.statista.com/statistics/1222528/worldwide-agricultural-technology-market-value/
Juniper Research, Agricultural technology (Agtech) market value worldwide from 2020 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1222528/worldwide-agricultural-technology-market-value/ (last visited November 03, 2024)
Agricultural technology (Agtech) market value worldwide from 2020 to 2025 (in billion U.S. dollars) [Graph], Juniper Research, March 1, 2021. [Online]. Available: https://www.statista.com/statistics/1222528/worldwide-agricultural-technology-market-value/