농업용 IoT 수요는 많은 변수로 인해 빠르게 확대되고 있습니다. 세계 인구 증가로 인해 식량 소비량이 증가하고 있습니다. 수요를 충족시키기 위해 농부들은 IoT 기술을 활용하여 작물 수확량과 가축의 생산량을 늘릴 수 있습니다. 기후 변화는 가뭄과 홍수 등 농업에 막대한 문제를 야기하지만, IoT 기기는 농부들이 이러한 상황 변화를 모니터링하고 적응할 수 있도록 도울 수 있습니다. 시장 규모는 2024년에 163억 8,000만 달러를 넘어 2031년에는 약 334억 3,000만 달러에 달합니다.
IoT 기술은 자원 활용을 극대화하고 환경에 미치는 영향을 줄임으로써 농가 활동의 지속가능성을 향상시킬 수 있습니다. IoT의 이점이 널리 이해됨에 따라 농업 분야의 IoT 솔루션에 대한 수요가 증가할 것으로 예측됩니다. 농업 분야에서 비용 효율적이고 효율적인 IoT에 대한 수요가 증가하면서 2024-2031년 10.29%의 연평균 복합 성장률(CAGR)로 시장이 성장할 것으로 예측됩니다.
농업용 IoT 시장 정의/개요
농업에서의 사물인터넷(IoT)은 생산성, 효율성, 지속가능성을 높이기 위해 센서, 장치, 데이터 분석을 농작업에 통합하는 것을 말합니다. 이 기술을 통해 농가는 토양 수분 센서, 기상 관측소, 가축 추적기 등 다양한 소스에서 데이터를 수집하고 분석할 수 있습니다. 관개, 시비, 해충 방제를 최적화하기 위해 실시간 데이터를 사용하는 정밀농업, 건강과 생산성을 위한 가축 모니터링, 농장에서 시장까지 농산물을 추적하는 공급망 관리 등 다양한 용도가 있습니다.
기술의 발전과 지속가능한 관행에 대한 관심이 높아지면서 농업 분야에서 IoT의 미래는 유망합니다. 5G와 위성 인터넷의 보급으로 연결성이 향상되면 더 많은 원격지가 IoT 솔루션을 채택할 수 있게 되고, 그 가능성은 더욱 넓어질 것입니다. 인공지능과 머신러닝과 같은 혁신은 데이터 분석을 더욱 강화하여 더 나은 의사결정을 위한 예측적 인사이트를 가능하게 합니다. 또한 유기농 및 로컬 식품에 대한 수요가 증가함에 따라 농가가 IoT를 활용하여 추적성 및 품질 보증을 향상시키고, 궁극적으로 농업 현장을 보다 효율적이고 반응성이 높은 생태계로 변화시킬 수 있습니다.
세계 식량 수요 증가가 농업용 IoT 시장을 촉진할 것으로 예측됩니다. FAO에 따르면 세계 인구는 2050년까지 97억 명에 달할 것으로 예상되며, 식량 생산량을 70% 증강하는 것이 급선무입니다. IoT 기술은 작물 수확량을 최적화하고, 자원 낭비를 줄이며, 의사결정을 개선하는 스마트 농업 솔루션을 통해 농업 효율성을 향상시킴으로써 이러한 수요를 충족시키는 데 중요한 역할을 할 수 있습니다. 이는 식량안보를 보장하기 위해 지속가능하고 정확한 농업을 해야 할 필요성이 높아지고 있는 것과 일맥상통합니다.
물 부족과 효율적인 관개의 필요성은 농업용 IoT 시장의 주요 촉진요인입니다. 농업은 전 세계 담수 취수량의 70%를 소비하고 있으며, 식량안보를 보장하기 위해서는 2050년까지 물 관리를 15-20% 개선해야 하는데, IoT 기반 정밀 관개 시스템이 그 해결책을 제시할 수 있습니다. 이 시스템은 토양 수분과 작물 상태에 대한 실시간 데이터를 제공함으로써 농가가 물 사용량을 줄이고 작물의 최적 생육을 유지하면서 물을 효율적으로 사용할 수 있도록 하여 농업의 지속가능성과 생산성에 대한 요구를 모두 충족시킵니다.
초기 투자비용이 높다는 점은 농업용 IoT 시장의 성장을 저해할 수 있습니다. 정밀관개와 같은 IoT 솔루션을 도입하기 위해서는 디바이스, 센서, 소프트웨어, 인프라에 많은 초기 비용이 소요됩니다. 많은 중소규모의 농가는 이러한 비용이 부담스러워 보급에 한계가 있을 수 있습니다. 이러한 시스템을 운영하기 위해 필요한 지속적인 유지보수 및 기술 전문 지식은 경제적 부담을 가중시킬 수 있습니다. 특히 자본과 기술 인프라에 대한 접근이 제한적인 신흥 시장에서는 이러한 비용 장벽이 시장 성장을 둔화시킬 수 있습니다.
인터넷 연결의 문제는 농업용 IoT 시장의 성장을 억제할 수 있습니다. 많은 농업 지역, 특히 농촌이나 외딴 지역에서는 IoT 기기가 제대로 작동하기 위해 필수적인 안정적인 인터넷 인프라가 부족합니다. IoT 시스템은 실시간 데이터 전송 및 모니터링에 의존하고 있으며, 연결성이 좋지 않으면 데이터 수집이 지연되거나 부정확하여 정밀농업 솔루션의 효과를 제한할 수 있습니다. 이 문제는 디지털 인프라가 미비한 신흥 국가에서 특히 심각하며, 농업분야의 IoT 기술 보급을 가로막는 장벽으로 작용하고 있습니다.
The demand for IoT in agriculture is fast expanding due to a number of variables. The global population is expanding, resulting in increased food consumption. To satisfy demand, farmers can use IoT technology to raise crop yields and livestock output. Climate change presents enormous problems to agriculture, such as droughts and floods, but IoT devices can assist farmers in monitoring and adapting to these changing conditions. The market size surpass USD 16.38 Billion valued in 2024 to reach a valuation of around USD 33.43 Billion by 2031.
IoT technology can assist farmers improve the sustainability of their activities by maximizing resource utilization and lowering environmental impact. As the benefits of IoT become more widely understood, demand for IoT solutions in agriculture is projected to increase. The rising demand for cost-effective and efficient IoT in agriculture is enabling the market grow at a CAGR of 10.29% from 2024 to 2031.
IoT In Agriculture Market: Definition/ Overview
The Internet of Things (IoT) in agriculture refers to the integration of sensors, devices, and data analytics into farming practices to enhance productivity, efficiency, and sustainability. This technology allows farmers to collect and analyze data from various sources, such as soil moisture sensors, weather stations, and livestock trackers. Applications include precision farming, where real-time data is used to optimize irrigation, fertilization, and pest control; livestock monitoring for health and productivity; and supply chain management to track produce from farm to market.
The future of IoT in agriculture is promising, driven by advancements in technology and an increasing focus on sustainable practices. As connectivity improves with the rollout of 5G and satellite internet, more remote areas can adopt IoT solutions, expanding their potential. Innovations such as artificial intelligence and machine learning will further enhance data analysis, enabling predictive insights for better decision-making. Additionally, the growing demand for organic and locally sourced food will push farmers to utilize IoT for improved traceability and quality assurance, ultimately transforming the agricultural landscape into a more efficient and responsive ecosystem.
Increasing global food demand is expected to drive the IoT in agriculture market. With the world population projected to reach 9.7 billion by 2050, there is a pressing need to boost food production by 70%, according to the FAO. IoT technologies can play a crucial role in meeting this demand by enhancing agricultural efficiency through smart farming solutions, which optimize crop yields, reduce resource wastage, and improve decision-making. This aligns with the growing need for sustainable and precise agricultural practices to ensure food security.
Water scarcity and the need for efficient irrigation are key drivers of the IoT in Agriculture market. With agriculture consuming 70% of global freshwater withdrawals and water management needing a 15-20% improvement by 2050 to ensure food security, IoT-enabled precision irrigation systems offer a solution. These systems help farmers reduce water usage by providing real-time data on soil moisture and crop conditions, ensuring water is used efficiently while maintaining optimal crop growth, thus addressing both sustainability and productivity needs in agriculture.
The high initial investment could restrain the growth of the IoT in Agriculture market. Implementing IoT solutions, such as precision irrigation, requires significant upfront costs for devices, sensors, software, and infrastructure. Many small and medium-scale farmers may find these expenses prohibitive, limiting widespread adoption. Ongoing maintenance and technical expertise required to operate these systems can add to the financial burden. This cost barrier can slow down the market's growth, especially in developing regions where access to capital and technology infrastructure is limited.
Internet connectivity issues can restrain the growth of the IoT in Agriculture market. Many agricultural areas, particularly in rural and remote regions, lack reliable internet infrastructure, which is essential for IoT devices to function properly. IoT systems rely on real-time data transmission and monitoring, and poor connectivity can lead to delays or inaccuracies in data collection, limiting the effectiveness of precision agriculture solutions. This challenge is particularly significant in developing countries where digital infrastructure is underdeveloped, creating a barrier to widespread adoption of IoT technologies in agriculture.
The Hardware Segment is dominating in the IoT In agriculture market. Real-time monitoring is a key driver of the hardware segment in the IoT in agriculture market. Real-time data collection from sensors, drones, and automated machinery enables farmers to monitor critical parameters such as soil moisture, crop health, and weather conditions instantly. This leads to optimized decision-making, reduced wastage, and improved yields. The growing demand for precision farming and the need to manage resources efficiently makes IoT hardware like sensors, actuators, and connectivity devices essential. As farmers look to improve productivity and sustainability, the adoption of IoT hardware for real-time monitoring continues to grow, driving this segment forward.
Data collection is driving the hardware segment of the IoT in agriculture market. IoT systems in agriculture rely heavily on various sensors, devices, and gateways to monitor critical factors like soil moisture, temperature, humidity, crop health, and equipment performance. These sensors generate massive amounts of real-time data, enabling farmers to make informed decisions. As precision farming grows in popularity, the demand for hardware such as drones, smart irrigation systems, and field sensors rises. The need to increase agricultural efficiency and sustainability is pushing the development of sophisticated IoT hardware that can handle data collection and analysis at scale.
The Software Systems Segment is dominating in the IoT In agriculture market. Flexibility and scalability are crucial drivers for the software systems segment in the IoT in agriculture market. As agricultural practices evolve and diversify, farmers require adaptable solutions that can integrate various IoT devices and platforms seamlessly. Scalable software systems enable the management of large volumes of data generated by sensors and equipment, allowing for real-time monitoring and analysis. This adaptability supports precision farming, optimizes resource use, and enhances productivity, making it essential for modern agricultural practices to meet the growing demands for efficiency and sustainability.
Interoperability will significantly drive the software systems segment for the IoT in agriculture market. As various IoT devices and systems are deployed across farms, the ability to seamlessly communicate and share data is crucial for optimizing operations. Interoperability facilitates better integration of sensors, drones, and agricultural management software, enabling farmers to make data-driven decisions. This connectivity enhances efficiency in resource use, improves crop monitoring, and fosters automation in processes such as irrigation and pest control, ultimately leading to increased productivity and sustainability in agriculture.
Asia Pacific is dominating in IoT in agriculture market due to various factors. The rapid adoption of advanced farming technologies will drive the IoT in agriculture market in the Asia Pacific region. This growth is fueled by government initiatives aimed at modernizing agriculture and addressing the increasing demand for food production, with the FAO projecting that the region will contribute nearly 50% of global agricultural output by 2030. Additionally, a study by the Asian Development Bank indicates that IoT device usage in agriculture will grow at a CAGR of 12.7% from 2021 to 2026, suggesting that by 2025, over 500 million farming operations will leverage IoT technologies to enhance crop yields and optimize resource management. This trend underscores the crucial role of IoT in meeting the challenges of food security and sustainable agriculture in the region.
Government initiatives to modernize agriculture will significantly drive the IoT in agriculture market in the Asia Pacific region. For instance, India's Digital Agriculture Mission 2021-2025 aims to integrate 100 million farmers into a digital ecosystem, providing access to real-time data and IoT-enabled decision support systems. This initiative is projected to boost agricultural IoT device deployment by 200% in India by 2025, highlighting the potential for increased efficiency and productivity. Such government-led efforts not only enhance farmer connectivity and access to vital information but also encourage investments in technology, paving the way for a more robust and technologically advanced agricultural sector across the region.
North America is rapidly growing in IoT in agriculture market due to several factors. Advancements in technological infrastructure will drive significant growth in the IoT in agriculture market in North America. The region's robust technological framework facilitates the rapid adoption of IoT solutions, as evidenced by the USDA's projection of a 20% annual increase in IoT technology adoption in U.S. agriculture through 2025. Additionally, the USDA's allocation of $100 million for smart farming technologies underscores the government's commitment to enhancing agricultural innovation. Similarly, in Canada, a report indicates that IoT device usage in agriculture is expected to grow at a CAGR of 14.5% from 2023 to 2028, with over 65% of large-scale farms anticipated to utilize IoT technologies by 2026. This synergy of funding, infrastructure, and technology adoption positions North America as a leader in leveraging IoT for agricultural optimization.
Adoption of precision farming techniques will drive the IoT in agriculture market in North America. The U.S. Farm Bureau reports that implementing IoT solutions has resulted in a 15% increase in crop yields and a 20% reduction in water usage on farms that have adopted these technologies. This efficiency not only enhances productivity but also addresses sustainability challenges, making precision farming increasingly attractive. Additionally, the National Institute of Food and Agriculture (NIFA) projects that the number of connected devices in U.S. agriculture will exceed 75 million by 2025, up from 35 million in 2021, indicating substantial growth potential. As precision farming continues to deliver tangible economic benefits-projected to contribute $47 billion to the U.S. GDP by 2027-it will further drive the adoption of IoT solutions in the agricultural sector.
The IoT in agriculture market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.
The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the IoT in agriculture market include: