Digital Agriculture Industry – Forthcoming Trends to Fuel the Global Growth

The global digital agriculture industry, which reached a value of USD 22.0 billion in 2023, is poised for significant expansion, expected to reach USD 36.0 billion by 2028. This growth is driven by a robust compound annual growth rate (CAGR) of 10.3% throughout the forecast period. One key factor fueling this growth is the increasing accessibility of digital agriculture tools to smallholder farmers, particularly in developing nations, thanks to the proliferation of mobile internet and cloud computing. This trend empowers farmers to enhance their livelihoods and participate more actively in the digital economy.