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Link to original content: https://statista.com/statistics/721921/forecasted-market-value-of-precision-farming-worldwide/
Precision farming: forecast market size worldwide 2027 | Statista

Forecast market size of precision farming worldwide 2021-2027

Published by
M. Shahbandeh,
Aug 16, 2022
This statistic shows the forecasted market value of precision farming worldwide from 2021 to 2027. The market value of precision farming is expected to grow from approximately seven billion U.S. dollars in 2021 to 14.5 billion U.S. dollars by 2027.

Forecast market value of precision agriculture worldwide from 2021 to 2027 (in billion U.S. dollars)

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Sources

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Release date

August 2022

Region

Worldwide

Survey time period

2021

Supplementary notes

For the Statista estimate an exponential development of the values between 2021 and 2027 was assumed to estimate the annual values. The values for 2021 and 2027 were provided by the source.

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Outlook

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Precision farming and agricultural digitalization in EnglandAgricultural chemical industry worldwideSmart agricultureAgriculture industry in the UKFertilizer industry in the UK
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