Precision Agriculture: Transforming Global Farming Through Technology and Innovation
The global smart farming market is experiencing unprecedented growth, driven by the increasing demand for sustainable agricultural practices, precision technologies, and digital solutions that enhance productivity while optimizing resource efficiency. Currently valued at approximately $12.5 billion in 2025, the market is projected to reach
$39.7 billion by 2034, representing a robust compound annual growth rate (CAGR) of 13.7%.
This remarkable expansion reflects the agricultural sector’s ongoing transformation as it confronts challenges such as climate change, resource scarcity, and the need to feed a growing global population while minimizing environmental impact.
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