Agriculture Technology-as-a-Service Market to Surge at 12.70% CAGR by 2030

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Global Agriculture Technology-as-a-Service Market Overview, Trends, Size and Forecast: 2025-2030

The Global Agriculture Technology-as-a-Service Market size was valued at around USD2.8 billion in 2024 and is projected to reach USD5.74 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12.70% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The rising demand for agricultural feed due to the growing population has primarily driven the market. The global population has significantly increased over the past few years & reached over 8.2 billion in 2024; therefore, the demand for agricultural stock has surged across the globe. Farmers are also seeking technology as an aid to monitor their crop production, crop protection, farm management, etc., thereby increasing the need for agriculture technology-as-a-service to ease prime agricultural operations & cater to the growing demand for food.

There are growing environmental consequences of agriculture, which encompass issues like soil degradation, water pollution, and greenhouse gas emissions. To address these concerns, the adoption of sustainable farming practices such as aquaponics & vertical farming is gaining momentum across the globe. Consequently, the Global Agriculture Technology-as-a-Service Industry is witnessing substantial growth in recent years, driven by the rising demand for sustainable food production. As a result, farmers are actively seeking unique & inventive approaches to cultivating environmentally friendly food, promoting good health, and providing economically viable solutions around the globe.

Moreover, the change in dietary patterns due to the growing health awareness among people has also led to an increasing demand for more agricultural feed. Therefore, the farmers rely on advanced technological services to enhance crop production since the incorporation of technology with traditional agricultural practices yields better results. Also, government-led initiatives in countries such as Germany, France, India, Australia, and others encourage farmers to use technology services to efficiently produce a crop. Therefore, the demand for technology-as-a-service is expected to rise in the coming years due to more government initiatives to uplift the agriculture industry, further states the research report, “Global Agriculture Technology-as-a-Service Market Analysis, 2025.”

Global Agriculture Technology-as-a-Service Market Segmentation Insights:

Equipment-as-a-Service Segment Holds the Largest Market Share

Based on the service type, the market is segmented into Software-as-a-Service and Equipment-as-a-Service. Of them all, Equipment-as-a-Service acquired a significant market share, around 56%, due to cost-effectiveness. The companies are now offering equipment used for agricultural practices on a subscription-based model, which benefits farmers since it reduces capital expenditure. Thus, low operational cost helps the farmers to grow both a low-value cash crop & a high-value cash crop, thereby supplementing the cash flow of the farmers of developing countries.

Furthermore, companies like Trimble Inc., Harvest Automation, and AGCO Corporation have emerged as key players, offering equipment-as-a-service solutions for agricultural operations worldwide. Also, technological advancements such as machine learning & artificial intelligence would improve the predictions for crop maintenance & monitoring. Thus, making the farmers rely more on technology-as-a-service for enhanced crop production in the forthcoming years.

Global Agriculture Technology-as-a-Service Market Regional Analysis:

North America Leads the Global Technology-as-a-Service Industry

Geographically, North America would witness a surge in the market for agriculture technology-as-a-service with a current market share of around 38%. The Dominance is due to the rising penetration of technology in the regional farmlands. There has been an upsurge in agricultural land & food demand in the past few years owing to the increasing population; therefore, the region has incorporated advanced technology in the farmland to perform smart farming.

North America has low manual labor to perform tasks in the agricultural field; hence, the farmers rely on automated control systems to yield higher agricultural produce. Additionally, the growing trend of technology-as-a-service is helping small-scale farmers by reducing capital expenditure, which is further expected to boost the Agriculture Technology-as-a-Service Market growth in the forthcoming years.

Top Companies in the Global Agriculture Technology-as-a-Service Market

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading Agriculture Technology-as-a-Service Market companies, including AGCO Corporation, CLAAS Group, CNH Industrial NV, Deere & Company, Kubota Corporation, Yanmar Co. Ltd., 365FarmNet GmBH, Agrivi, CropIn Technology Solutions Pvt Ltd., Fujitsu Ltd., IBM Corporation, Microsoft Corporation, Robert Bosch GmBH, Trimble Inc., Parrot SA, Pixhawk, Precision Hawk, Harvest Automation Inc., Naio Technologies, Small Robot Company, Topcon Corporation, Teejet Corporation, SGS SA, Raven Industries Inc, Intertek Group Plc, Airbus SAS, AT&T, Ceres Imaging Inc., Hexagon Agriculture, Nutrien AgSolutions Inc., and others, are looking forward to increase their market size & share.

Key Questions Answered in the Research Report

1. What is the scope, size, value, and forecast of the Agriculture Technology-as-a-Service Market?
2. What is the volume and share of each segment in the Agriculture Technology-as-a-Service Market?
3. What are the key trends shaping the Agriculture Technology-as-a-Service Market from 2025 to 2030?
4. What growth factors and risks impact the Agriculture Technology-as-a-Service Market?
5. What are the main challenges faced by players in the Agriculture Technology-as-a-Service Market?
6. What are the top opportunities in the Agriculture Technology-as-a-Service Market?
7. What does competitive analysis reveal about the Agriculture Technology-as-a-Service Market landscape?
8. Who are the key players and companies leading the Agriculture Technology-as-a-Service Market?
9. What innovations are transforming the future dynamics of the Agriculture Technology-as-a-Service Market?
10. How are partnerships and collaborations driving the Agriculture Technology-as-a-Service Market growth?
11. How does the Agriculture Technology-as-a-Service Market differ based on geography and segments?