Agriculture M2M Global Market Report 2023: Rising Concerns Over Food Security Drives Adoption

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Global Market for Agriculture M2M

Global Market for Agriculture M2M
Global Market for Agriculture M2M

Dublin, May 04, 2023 (GLOBE NEWSWIRE) -- The "Agriculture M2M - Global Strategic Business Report" report has been added to's offering.

Global Agriculture M2M Market to Reach $83 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Agriculture M2M estimated at US$4.9 Billion in the year 2022, is projected to reach a revised size of US$83 Billion by 2030, growing at a CAGR of 42.4% over the analysis period 2022-2030.

Equipment Control & Monitoring, one of the segments analyzed in the report, is projected to record a 43.7% CAGR and reach US$40 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Crop Management segment is readjusted to a revised 42.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 39.7% CAGR

The Agriculture M2M market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.9 Billion by the year 2030 trailing a CAGR of 39.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 38.3% and 36.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 28% CAGR.

Select Competitors (Total 16 Featured) -

  • Aeris Communications, Inc.

  • Argus Control Systems Ltd.

  • Davis Instruments

  • Elecsys Corporation

  • Eltopia Communications

  • John Deere

  • Kontron AG

  • Mahindra & Mahindra Ltd.

  • McCrometer, Inc.

  • Orange Business Services

  • SemiosBio Technologies Inc.

  • Telit Communications PLC

  • Trimble, Inc.

  • Turkcell Iletisim Hizmetleri AS

  • Tyro Remotes UK

  • Valley Irrigation

  • Verizon Communications, Inc.

  • Vodafone Group PLC

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute


No. of Pages


Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$4.9 Billion

Forecasted Market Value (USD) by 2030

$83 Billion

Compound Annual Growth Rate


Regions Covered


Key Topics Covered:




  • Influencer Market Insights

  • World Market Trajectories

  • Agriculture M2M - Global Key Competitors Percentage Market Share in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Growing Need to Improve Farming Efficiency Results in Rising Adoption of M2M Technology in Agricultural Activities

  • Applications of Agriculture M2M Technology

  • Agriculture M2M Market: Percentage Market Share Breakdown by Application for Developed and Developed Regions

  • North America and Europe Witness Growing Adoption of Agriculture M2M Technology

  • Competition

  • Leading Vendors in the Global Agriculture M2M Market



  • Rapidly Growing M2M Market Presents Opportunities for Adoption in Agriculture Industry

  • Machine to Machine (M2M) Connections Worldwide in Billions for the Period 2014-2021

  • Rising Concerns Over Food Security Drives Adoption of M2M to Improve Agricultural Yield and Efficiency

  • Global Agricultural Output: Sources of Growth of Output for the Period 1961-70 to 2001-14

  • Agricultural Land as % of Total Land Area Worldwide for the Period 1961-2016

  • M2M Technology Enables Industrialization of Agricultural Operations

  • IoT Revolutionizing the Farming Sector

  • Cellular M2M in Agriculture Sector: An Overview

  • Cellular M2M Connections in Agriculture Industry (in Million) in Select Countries

  • Expanding Cellular M2M Connectivity Augurs Well for Agri M2M Market

  • Growing Number of Cellular M2M Connections Present Opportunity for M2M Adoption in Agriculture Industry: Number of Cellular M2M Connections Worldwide in Millions for the Years 2010 through 2020

  • Satellite Technology Transforms Agricultural Activity

  • Satellite M2M/IoT Market Progress Augurs Well for its Adoption in Farming Sector

  • Global Satellite M2M/IoT Market: Revenues in US$ Million for the Years 2017, 2019, 2021, 2023 and 2025

  • Global M2M/IoT Satellite Market: Percentage Breakdown of Revenues by Vertical for the Year 2025

  • Unique Capabilities Facilitate Expansion of Satellite M2M into Agriculture Sector

  • An Insight into IoT Application in Agriculture and Smart Farming

  • Smart Farming: Leveraging Capabilities of M2M to Improve Crop Yield

  • Product Overview

  • What is M2M?

  • Agriculture M2M: An Introduction

  • Applications and Use Cases of M2M in Agriculture

  • Recent Industry Activity

  • John Deere Acquires Blue River Technology

  • AGCO Partners with Solinftec for Digital Agriculture Solutions




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