The Latin America, Middle East and Africa Agriculture IoT Market would witness market growth of 11.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Agriculture IoT Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,244.7 million by 2031. The Argentina market is registering a CAGR of 13.1% during (2024 - 2031). Additionally, The UAE market would witness a CAGR of 10.7% during (2024 - 2031).

Aerial imaging is another significant application, where drones equipped with multispectral and thermal cameras capture detailed data to detect issues invisible to the naked eye. Thermal imaging, for instance, can identify water stress in crops, while multispectral imaging highlights nutrient deficiencies or diseases. These insights enable data-driven decisions, improving productivity and sustainability. Drones are also cost-effective, saving time and labor compared to traditional monitoring and pest control methods. AI-powered drones are expected to further enhance agricultural operations with autonomous navigation and real-time analytics as technology advances. By providing an efficient, sustainable, and scalable solution, drones transform agriculture and address the growing global demand for food production.
The increasing impact of climate change on traditional farming practices has driven the demand for climate-resilient farming solutions, with IoT technologies playing a crucial role. IoT devices, such as weather sensors and satellite-based systems, provide real-time temperature, humidity, and rainfall data. This information is analyzed to generate actionable insights and timely alerts, enabling farmers to respond to extreme weather events. For example, IoT-based systems can warn farmers of impending storms or sudden temperature drops, allowing them to secure equipment or protect crops. IoT-enabled soil moisture sensors help optimize water usage in drought-prone regions, ensuring efficient irrigation without waste.
Saudi Arabia’s Vision 2030 initiative drives significant investments in IoT and smart farming technologies to reduce reliance on food imports and increase local agricultural production. The Saudi Agricultural Development Fund (ADF) provides financial support for IoT-based solutions, including AI-powered farm monitoring, vertical farming systems, and blockchain-enabled supply chain tracking. The National Transformation Program (NTP) further promotes the adoption of IoT-integrated tools like precision farming systems, remote sensing technology, and cloud-based farm management platforms. With a strong emphasis on water-efficient farming and controlled-environment agriculture, Saudi Arabia is positioning itself as a regional leader in IoT-driven agricultural modernization. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
Free Valuable Insights: The Worldwide Agriculture IoT Market is Projected to reach USD 58.95 Billion by 2031, at a CAGR of 10.1%
Based on Deployment, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Connectivity, the market is segmented into Wi-Fi, Cellular, Bluetooth, and Other Connectivity. Based on Application, the market is segmented into Precision Farming, Livestock Monitoring, Smart Greenhouse, Aquaculture, and Other Application. Based on Farm Type, the market is segmented into Large, Mid-sized, and Small. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Deere & Company
- Trimble, Inc.
- Raven Industries, Inc.
- AGCO Corporation
- Valmont Industries, Inc.
- Cropin Technology Solutions Private Limited
- A.A.A Taranis Visual Ltd.
- Libelium Comunicaciones Distribuidas S.L.
- Robert Bosch GmbH
- NXP Semiconductors N.V.
LAMEA Agriculture IoT Market Report Segmentation
By Deployment
By Component
- Hardware
- Software
- Services
By Connectivity
- Wi-Fi
- Cellular
- Bluetooth
- Other Connectivity
By Application
- Precision Farming
- Livestock Monitoring
- Smart Greenhouse
- Aquaculture
- Other Application
By Farm Type
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Agriculture IoT Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Agriculture IoT Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Agriculture IoT Market by Deployment, 2020 - 2023, USD Million
TABLE 4 LAMEA Agriculture IoT Market by Deployment, 2024 - 2031, USD Million
TABLE 5 LAMEA On-premise Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA On-premise Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Cloud Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Cloud Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Agriculture IoT Market by Component, 2020 - 2023, USD Million
TABLE 10 LAMEA Agriculture IoT Market by Component, 2024 - 2031, USD Million
TABLE 11 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Software Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Software Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Services Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Services Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Agriculture IoT Market by Connectivity, 2020 - 2023, USD Million
TABLE 18 LAMEA Agriculture IoT Market by Connectivity, 2024 - 2031, USD Million
TABLE 19 LAMEA Wi-Fi Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Wi-Fi Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Cellular Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Cellular Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Bluetooth Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Bluetooth Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Other Connectivity Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Other Connectivity Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Agriculture IoT Market by Application, 2020 - 2023, USD Million
TABLE 28 LAMEA Agriculture IoT Market by Application, 2024 - 2031, USD Million
TABLE 29 LAMEA Precision Farming Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Precision Farming Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Livestock Monitoring Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Livestock Monitoring Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Smart Greenhouse Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Smart Greenhouse Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Aquaculture Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Aquaculture Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Other Application Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Other Application Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Agriculture IoT Market by Farm Type, 2020 - 2023, USD Million
TABLE 40 LAMEA Agriculture IoT Market by Farm Type, 2024 - 2031, USD Million
TABLE 41 LAMEA Large Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA Large Market by Country, 2024 - 2031, USD Million
TABLE 43 LAMEA Mid-sized Market by Country, 2020 - 2023, USD Million
TABLE 44 LAMEA Mid-sized Market by Country, 2024 - 2031, USD Million
TABLE 45 LAMEA Small Market by Country, 2020 - 2023, USD Million
TABLE 46 LAMEA Small Market by Country, 2024 - 2031, USD Million
TABLE 47 LAMEA Agriculture IoT Market by Country, 2020 - 2023, USD Million
TABLE 48 LAMEA Agriculture IoT Market by Country, 2024 - 2031, USD Million
TABLE 49 Brazil Agriculture IoT Market, 2020 - 2023, USD Million
TABLE 50 Brazil Agriculture IoT Market, 2024 - 2031, USD Million
TABLE 51 Brazil Agriculture IoT Market by Deployment, 2020 - 2023, USD Million
TABLE 52 Brazil Agriculture IoT Market by Deployment, 2024 - 2031, USD Million
TABLE 53 Brazil Agriculture IoT Market by Component, 2020 - 2023, USD Million
TABLE 54 Brazil Agriculture IoT Market by Component, 2024 - 2031, USD Million
TABLE 55 Brazil Agriculture IoT Market by Connectivity, 2020 - 2023, USD Million
TABLE 56 Brazil Agriculture IoT Market by Connectivity, 2024 - 2031, USD Million
TABLE 57 Brazil Agriculture IoT Market by Application, 2020 - 2023, USD Million
TABLE 58 Brazil Agriculture IoT Market by Application, 2024 - 2031, USD Million
TABLE 59 Brazil Agriculture IoT Market by Farm Type, 2020 - 2023, USD Million
TABLE 60 Brazil Agriculture IoT Market by Farm Type, 2024 - 2031, USD Million
TABLE 61 Argentina Agriculture IoT Market, 2020 - 2023, USD Million
TABLE 62 Argentina Agriculture IoT Market, 2024 - 2031, USD Million
TABLE 63 Argentina Agriculture IoT Market by Deployment, 2020 - 2023, USD Million
TABLE 64 Argentina Agriculture IoT Market by Deployment, 2024 - 2031, USD Million
TABLE 65 Argentina Agriculture IoT Market by Component, 2020 - 2023, USD Million
TABLE 66 Argentina Agriculture IoT Market by Component, 2024 - 2031, USD Million
TABLE 67 Argentina Agriculture IoT Market by Connectivity, 2020 - 2023, USD Million
TABLE 68 Argentina Agriculture IoT Market by Connectivity, 2024 - 2031, USD Million
TABLE 69 Argentina Agriculture IoT Market by Application, 2020 - 2023, USD Million
TABLE 70 Argentina Agriculture IoT Market by Application, 2024 - 2031, USD Million
TABLE 71 Argentina Agriculture IoT Market by Farm Type, 2020 - 2023, USD Million
TABLE 72 Argentina Agriculture IoT Market by Farm Type, 2024 - 2031, USD Million
TABLE 73 UAE Agriculture IoT Market, 2020 - 2023, USD Million
TABLE 74 UAE Agriculture IoT Market, 2024 - 2031, USD Million
TABLE 75 UAE Agriculture IoT Market by Deployment, 2020 - 2023, USD Million
TABLE 76 UAE Agriculture IoT Market by Deployment, 2024 - 2031, USD Million
TABLE 77 UAE Agriculture IoT Market by Component, 2020 - 2023, USD Million
TABLE 78 UAE Agriculture IoT Market by Component, 2024 - 2031, USD Million
TABLE 79 UAE Agriculture IoT Market by Connectivity, 2020 - 2023, USD Million
TABLE 80 UAE Agriculture IoT Market by Connectivity, 2024 - 2031, USD Million
TABLE 81 UAE Agriculture IoT Market by Application, 2020 - 2023, USD Million
TABLE 82 UAE Agriculture IoT Market by Application, 2024 - 2031, USD Million
TABLE 83 UAE Agriculture IoT Market by Farm Type, 2020 - 2023, USD Million
TABLE 84 UAE Agriculture IoT Market by Farm Type, 2024 - 2031, USD Million
TABLE 85 Saudi Arabia Agriculture IoT Market, 2020 - 2023, USD Million
TABLE 86 Saudi Arabia Agriculture IoT Market, 2024 - 2031, USD Million
TABLE 87 Saudi Arabia Agriculture IoT Market by Deployment, 2020 - 2023, USD Million
TABLE 88 Saudi Arabia Agriculture IoT Market by Deployment, 2024 - 2031, USD Million
TABLE 89 Saudi Arabia Agriculture IoT Market by Component, 2020 - 2023, USD Million
TABLE 90 Saudi Arabia Agriculture IoT Market by Component, 2024 - 2031, USD Million
TABLE 91 Saudi Arabia Agriculture IoT Market by Connectivity, 2020 - 2023, USD Million
TABLE 92 Saudi Arabia Agriculture IoT Market by Connectivity, 2024 - 2031, USD Million
TABLE 93 Saudi Arabia Agriculture IoT Market by Application, 2020 - 2023, USD Million
TABLE 94 Saudi Arabia Agriculture IoT Market by Application, 2024 - 2031, USD Million
TABLE 95 Saudi Arabia Agriculture IoT Market by Farm Type, 2020 - 2023, USD Million
TABLE 96 Saudi Arabia Agriculture IoT Market by Farm Type, 2024 - 2031, USD Million
TABLE 97 South Africa Agriculture IoT Market, 2020 - 2023, USD Million
TABLE 98 South Africa Agriculture IoT Market, 2024 - 2031, USD Million
TABLE 99 South Africa Agriculture IoT Market by Deployment, 2020 - 2023, USD Million
TABLE 100 South Africa Agriculture IoT Market by Deployment, 2024 - 2031, USD Million
TABLE 101 South Africa Agriculture IoT Market by Component, 2020 - 2023, USD Million
TABLE 102 South Africa Agriculture IoT Market by Component, 2024 - 2031, USD Million
TABLE 103 South Africa Agriculture IoT Market by Connectivity, 2020 - 2023, USD Million
TABLE 104 South Africa Agriculture IoT Market by Connectivity, 2024 - 2031, USD Million
TABLE 105 South Africa Agriculture IoT Market by Application, 2020 - 2023, USD Million
TABLE 106 South Africa Agriculture IoT Market by Application, 2024 - 2031, USD Million
TABLE 107 South Africa Agriculture IoT Market by Farm Type, 2020 - 2023, USD Million
TABLE 108 South Africa Agriculture IoT Market by Farm Type, 2024 - 2031, USD Million
TABLE 109 Nigeria Agriculture IoT Market, 2020 - 2023, USD Million
TABLE 110 Nigeria Agriculture IoT Market, 2024 - 2031, USD Million
TABLE 111 Nigeria Agriculture IoT Market by Deployment, 2020 - 2023, USD Million
TABLE 112 Nigeria Agriculture IoT Market by Deployment, 2024 - 2031, USD Million
TABLE 113 Nigeria Agriculture IoT Market by Component, 2020 - 2023, USD Million
TABLE 114 Nigeria Agriculture IoT Market by Component, 2024 - 2031, USD Million
TABLE 115 Nigeria Agriculture IoT Market by Connectivity, 2020 - 2023, USD Million
TABLE 116 Nigeria Agriculture IoT Market by Connectivity, 2024 - 2031, USD Million
TABLE 117 Nigeria Agriculture IoT Market by Application, 2020 - 2023, USD Million
TABLE 118 Nigeria Agriculture IoT Market by Application, 2024 - 2031, USD Million
TABLE 119 Nigeria Agriculture IoT Market by Farm Type, 2020 - 2023, USD Million
TABLE 120 Nigeria Agriculture IoT Market by Farm Type, 2024 - 2031, USD Million
TABLE 121 Rest of LAMEA Agriculture IoT Market, 2020 - 2023, USD Million
TABLE 122 Rest of LAMEA Agriculture IoT Market, 2024 - 2031, USD Million
TABLE 123 Rest of LAMEA Agriculture IoT Market by Deployment, 2020 - 2023, USD Million
TABLE 124 Rest of LAMEA Agriculture IoT Market by Deployment, 2024 - 2031, USD Million
TABLE 125 Rest of LAMEA Agriculture IoT Market by Component, 2020 - 2023, USD Million
TABLE 126 Rest of LAMEA Agriculture IoT Market by Component, 2024 - 2031, USD Million
TABLE 127 Rest of LAMEA Agriculture IoT Market by Connectivity, 2020 - 2023, USD Million
TABLE 128 Rest of LAMEA Agriculture IoT Market by Connectivity, 2024 - 2031, USD Million
TABLE 129 Rest of LAMEA Agriculture IoT Market by Application, 2020 - 2023, USD Million
TABLE 130 Rest of LAMEA Agriculture IoT Market by Application, 2024 - 2031, USD Million
TABLE 131 Rest of LAMEA Agriculture IoT Market by Farm Type, 2020 - 2023, USD Million
TABLE 132 Rest of LAMEA Agriculture IoT Market by Farm Type, 2024 - 2031, USD Million
TABLE 133 Key Information – Deere & Company
TABLE 134 Key Information – Trimble, Inc.
TABLE 135 key Information – Raven Industries, Inc.
TABLE 136 Key Information – AGCO Corporation
TABLE 137 key information – Valmont Industries, Inc.
TABLE 138 Key Information – CropIn Technology Solutions Private Limited
TABLE 139 Key Information – A.A.A Taranis Visual Ltd.
TABLE 140 Key Information – Libelium Comunicaciones Distribuidas S.L.
TABLE 141 Key Information – Robert Bosch GmbH
TABLE 142 Key Information – NXP Semiconductors N.V.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Agriculture IoT Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Agriculture IoT Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Agriculture IoT Market
FIG 6 LAMEA Agriculture IoT Market share by Deployment, 2023
FIG 7 LAMEA Agriculture IoT Market share by Deployment, 2031
FIG 8 LAMEA Agriculture IoT Market by Deployment, 2020 - 2031, USD Million
FIG 9 LAMEA Agriculture IoT Market share by Component, 2023
FIG 10 LAMEA Agriculture IoT Market share by Component, 2031
FIG 11 LAMEA Agriculture IoT Market by Component, 2020 - 2031, USD Million
FIG 12 LAMEA Agriculture IoT Market share by Connectivity, 2023
FIG 13 LAMEA Agriculture IoT Market share by Connectivity, 2031
FIG 14 LAMEA Agriculture IoT Market by Connectivity, 2020 - 2031, USD Million
FIG 15 LAMEA Agriculture IoT Market share by Application, 2023
FIG 16 LAMEA Agriculture IoT Market share by Application, 2031
FIG 17 LAMEA Agriculture IoT Market by Application, 2020 - 2031, USD Million
FIG 18 LAMEA Agriculture IoT Market share by Farm Type, 2023
FIG 19 LAMEA Agriculture IoT Market share by Farm Type, 2031
FIG 20 LAMEA Agriculture IoT Market by Farm Type, 2020 - 2031, USD Million
FIG 21 LAMEA Agriculture IoT Market share by Country, 2023
FIG 22 LAMEA Agriculture IoT Market share by Country, 2031
FIG 23 LAMEA Agriculture IoT Market by Country, 2020 - 2031, USD Million
FIG 24 Recent strategies and developments: Deere & Company
FIG 25 SWOT Analysis: Deere & Company
FIG 26 Swot Analysis: Trimble, Inc.
FIG 27 Swot Analysis: AGCO Corporation
FIG 28 SWOT Analysis: Robert Bosch GmbH
FIG 29 SWOT Analysis: NXP Semiconductors N.V.