Agritech Platform Market Growth, Size, Trends ,Analysis and Segment Forecast to 2034
Global Agritech Platform Market Growth, Size, Trends Analysis - By Component, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jul-2025 | Report ID: AGRI2510 | Pages: 1 - 244 | Formats*: |
| Category : Agriculture | |||
Agritech Platform Market Introduction and Overview
According to SPER Market Research, the Global Agritech Platform Market is estimated to reach USD 53.94 billion by 2034 with a CAGR of 13.73%.
The report includes an in-depth analysis of the Global Agritech Platform Market, including market size and trends, product mix, Applications, and supplier analysis. The market for agritech platforms was valued at USD 14.9 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of more than 13.73% between 2025 and 2034. The surge in investments directed towards agritech startups that offer IoT crop intelligence technology is propelling market expansion. These startups utilize advanced technologies to enhance crop monitoring, refine decision-making, and optimize resource allocation for farmers.
By Component Insights
According to the component, the market is segmented into platforms and services. In 2024, the platform segment represented a significant portion of the market share. The introduction of agritech platforms aimed at enhancing the income of smallholder farmers is a key factor driving substantial growth in the platform segment. These platforms provide farmers with access to essential resources, markets, and financial services, thereby empowering them to enhance both productivity and profitability. By promoting efficient transactions and collaborations, agritech platforms allow smallholders to surmount traditional obstacles and engage more effectively in agricultural value chains, thus accelerating the growth of the platform segment.
By Application Insights
In terms of application, the market is classified into precision farming, livestock monitoring, smart greenhouses, and supply chain management. In 2024, the precision farming sector accounted for the greatest portion of the market. Initiatives focused on enhancing precision farming are propelling growth within the agritech industry. Through partnerships between agritech firms, farmers are afforded access to cutting-edge technologies and expertise in precision agriculture. These collaborations support the creation and implementation of innovative solutions such as IoT sensors, drones, and data analytics platforms, which enable farmers to optimize resource use, boost yields, and minimize environmental impacts.
Regional Insights
North America stands as the fastest-growing region within the global agritech platform market, holding a significant revenue share in 2024. The demand in the North American market is driven by technological advancements and a high rate of precision agriculture adoption. Continuous innovations in IoT, AI, robotics, and data analytics within the region foster the development of state-of-the-art agritech solutions, allowing farmers to optimize inputs and monitor crop health with accuracy. This focus on precision agriculture methods, including GPS-guided equipment and remote sensing technologies, improves efficiency and productivity in farming practices. Consequently, farmers in North America are increasingly depending on agritech solutions to enhance yields while reducing resource inputs, thereby stimulating market growth in the region.
Market Competitive Landscape
Leading companies in the agritech platform market are constantly trying to get a competitive edge by expanding their geographic reach and offering creative solutions. To strengthen their position in the industry, leading companies in the agritech platform market are focussing on strategic alliances, acquisitions, and partnerships. The development of the Agritech Platform Market is influenced by factors such as the rising adoption of digital technologies in agriculture, an increasing demand for precision farming, and a growing awareness of sustainable agricultural practices. The competitive landscape of the Agritech Platform Market is notably dynamic, with both new entrants and established companies competing for market share.
Recent Developments:
In October 2024, the Indian agritech platform AgroStar formed a partnership with Biorizon Biotech, a Spanish biotechnology firm. This alliance seeks to introduce Biorizon’s environmentally friendly biostimulants and biopesticides to Indian farmers, thereby enhancing crop resilience and fostering sustainable agricultural practices.
In June 2023, SC Ventures launched Tawi, a B2B agritech marketplace located in Kenya. Tawi focuses on facilitating secure e-commerce transactions for small-scale farmers. The main goal of Tawi is to create a reliable and consistent market for farmers, ensuring price transparency and improving supply chain management to increase efficiency.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Component, By Application |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Agworld Pty Ltd, Ceres Imaging, Conservis Corporation, Cropin Technology Solutions Private Limited, CropX inc, Descartes Labs Inc, Farmer's Business Network (FBN), Farmers Edge Inc, PrecisionHawk, Taranis. |
Key Topics Covered in the Report
- Global Agritech Platform Market Size (FY’2021-FY’2034)
- Overview of Global Agritech Platform Market
- Segmentation of Global Agritech Platform Market By Component (Platform, Services)
- Segmentation of Global Agritech Platform Market By Application (Precision Farming, Livestock Monitoring, Smart Greenhouses, Supply Chain Management)
- Statistical Snap of Global Agritech Platform Market
- Expansion Analysis of Global Agritech Platform Market
- Problems and Obstacles in Global Agritech Platform Market
- Competitive Landscape in the Global Agritech Platform Market
- Details on Current Investment in Global Agritech Platform Market
- Competitive Analysis of Global Agritech Platform Market
- Prominent Players in the Global Agritech Platform Market
- SWOT Analysis of Global Agritech Platform Market
- Global Agritech Platform Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs2.2.Market size estimation2.2.1.Top-down and Bottom-up approach2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats5.2.PESTEL Analysis5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape5.3.PORTERs Five Forces5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Agritech Platform Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Agritech Platform Market
7.Global Agritech Platform Market, By Component (USD Million) 2021-2034
7.1.Platform
7.1.1.Big Data & Analytics7.1.2.Biotechnology & Biochemical7.1.3.Mobility7.1.4.Sensors & Connected Devices
7.1.5.Others
7.2.Services
8.Global Agritech Platform Market, By Application (USD Million) 2021-2034
8.1.Precision Farming8.2.Livestock Monitoring8.3.Smart Greenhouses8.4.Supply Chain Management8.5.Others
9.Global Agritech Platform Market, (USD Million) 2021-2034
9.1.Global Agritech Platform Market Size and Market Share
10.Global Agritech Platform Market, By Region, (USD Million) 2021-2034
10.1.Asia-Pacific10.1.1.Australia10.1.2.China10.1.3.India10.1.4.Japan10.1.5.South Korea10.1.6.Rest of Asia-Pacific10.2.Europe10.2.1.France10.2.2.Germany10.2.3.Italy10.2.4.Spain10.2.5.United Kingdom10.2.6.Rest of Europe10.3.Middle East and Africa10.3.1.Kingdom of Saudi Arabia10.3.2.United Arab Emirates10.3.3.Qatar10.3.4.South Africa10.3.5.Egypt10.3.6.Morocco10.3.7.Nigeria10.3.8.Rest of Middle-East and Africa10.4.North America10.4.1.Canada10.4.2.Mexico10.4.3.United States10.5.Latin America10.5.1.Argentina10.5.2.Brazil10.5.3.Rest of Latin America
11.Company Profile
11.1.Agworld Pty Ltd11.1.1.Company details11.1.2.Financial outlook11.1.3.Product summary11.1.4.Recent developments11.2.Ceres Imaging11.2.1.Company details11.2.2.Financial outlook11.2.3.Product summary11.2.4.Recent developments11.3.Conservis Corporation11.3.1.Company details11.3.2.Financial outlook11.3.3.Product summary11.3.4.Recent developments11.4.Cropin Technology Solutions Private Limited11.4.1.Company details11.4.2.Financial outlook11.4.3.Product summary11.4.4.Recent developments11.5.CropX inc11.5.1.Company details11.5.2.Financial outlook11.5.3.Product summary11.5.4.Recent developments11.6.Descartes Labs Inc11.6.1.Company details11.6.2.Financial outlook11.6.3.Product summary11.6.4.Recent developments11.7.Farmer's Business Network (FBN)11.7.1.Company details11.7.2.Financial outlook11.7.3.Product summary11.7.4.Recent developments11.8.Farmers Edge Inc11.8.1.Company details11.8.2.Financial outlook11.8.3.Product summary11.8.4.Recent developments11.9.PrecisionHawk11.9.1.Company details11.9.2.Financial outlook11.9.3.Product summary11.9.4.Recent developments11.10.Taranis11.10.1.Company details11.10.2.Financial outlook11.10.3.Product summary11.10.4.Recent developments11.11.Others
12.Conclusion
13.List of Abbreviations
14.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Agritech Platform Market projected to reach USD 53.94 by 2034, growing at a CAGR of 13.73 % during the forecast period.
Agritech Platform Market from 2025. The Market is expected to reach USD 53.94 by 2034, at a CAGR of 13.73% during the forecast period.
Agritech Platform Market CAGR of 13.73% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Agritech Platform Market size is USD 53.94 from 2025 to 2034.
"Agritech Platform Market covered By Component, By Application"
The North America is anticipated to have the highest Market share in the Agritech Platform Market .
"
Agworld Pty Ltd, Ceres Imaging, Conservis Corporation, Cropin Technology Solutions Private Limited, CropX inc, Descartes Labs Inc, Farmer's Business Network (FBN), Farmers Edge Inc, PrecisionHawk, Taranis."
The report includes an in-depth analysis of the Global Agritech Platform Market, including market size and trends, product mix, Applications, and supplier analysis.
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