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    5G Smart Farming Market

    ID: MRFR/ICT/10175-HCR
    100 Pages
    Garvit Vyas
    September 2025

    5G Smart Farming Market Research Report: Information By Component (Hardware, Software, and Services), By Application (Precision Farming, Irrigation and Water Management, Plant Health, Soil Moisture, Water Supply Control, and Smart Greenhouse), By Farm Size (Large Farms, and Small & Medium Farms), By Region (North America, Europe, Asia-Pacific, And Rest of The World) –Market Forecast Till 2034.

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    5G Smart Farming Market Research Report - Global Forecast till 2034 Infographic
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    5G Smart Farming Market Summary

    As per Market Research Future Analysis, the 5G Smart Farming Market is projected to grow from USD 25.12 billion in 2025 to USD 107.29 billion by 2034, with a CAGR of 17.50% during the forecast period. The market was valued at USD 21.38 billion in 2024. Key drivers include advancements in technology, modernized farm management, automation, and increased adoption of IoT technologies. The services segment leads with 58% of market revenue, while irrigation and water management applications also dominate with 58% market share. Small and medium farms account for 60% of market revenue, benefiting from precision agriculture capabilities. North America is expected to see significant growth due to government initiatives supporting modernization in agriculture.

    Key Market Trends & Highlights

    The 5G Smart Farming Market is experiencing transformative growth driven by technological advancements and government support.

    • Market size is projected to reach USD 107.29 billion by 2034.
    • Services segment accounted for 58% of market revenue, totaling USD 8.9 billion.
    • Irrigation and water management segment also holds 58% market revenue share.
    • Small and medium farms represent 60% of market revenue, enhancing resource efficiency.

    Market Size & Forecast

    2025 Market Size USD 25.12 Billion
    2034 Market Size USD 107.29 Billion
    CAGR 17.50%

    Major Players

    Key players include Huawei, Dronetech, Ericsson, John Deere, Indigo Ag, LumiGrow, Raven Industries, DroneDeploy, and Vodacom.

    5G Smart Farming Market Trends

    Improving the Accuracy and Efficiency of Remote Sensing as well as government efforts to modernise infrastructure is driving the market growth

    Additionally, 5G is expected to significantly impact remote sensing, where agricultural machines and drones assess field and crop conditions, utilizing high-resolution image data efficiently. The high-speed data transmission of 5G allows for quick collection and analysis of field images, enabling rapid evaluation of crop growth and improving fertilizer distribution by prioritizing areas with suboptimal growth.

    Key industry players, including corporate firms, government organizations, and various stakeholders, are actively supporting the growth of the 5G Smart Farming Market. Notably, Microsoft introduced the Agricultural Connectivity Platform (ACP) in 2020, leveraging 5G technology to connect farmers to the cloud, facilitating remote data management of machinery-generated data. John Deere has recently unveiled a new line of 5G-powered tractors compatible with its existing farm monitoring systems. Additionally, Apple Inc. is exploring 5G-enabled agriculture use cases for its iPhones, showcasing the widespread industry recognition and adoption of 5G technology in the agricultural landscape.

    As a result, it is anticipated that throughout the projection period, demand for the 5G Smart Farming Market will increase due to the Improving Accuracy and Efficiency of Remote Sensing as well as government efforts to modernize infrastructure. Thus, driving the 5G Smart Farming Market revenue.

    The integration of 5G technology in agriculture is poised to revolutionize farming practices by enabling real-time data collection and analysis, thereby enhancing productivity and sustainability in food production.

    U.S. Department of Agriculture

    5G Smart Farming Market Drivers

    Market Growth Projections

    The Global 5G Smart Farming Market Industry is characterized by robust growth projections, with anticipated market values reaching 17.6 USD Billion in 2024 and 126.1 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 19.58% from 2025 to 2035. Such figures underscore the increasing adoption of 5G technology in agriculture, driven by the need for enhanced connectivity, productivity, and sustainability. The market's expansion is likely to attract significant investments and innovations, further propelling the development of smart farming solutions.

    Enhanced Agricultural Productivity

    The Global 5G Smart Farming Market Industry is poised to significantly enhance agricultural productivity through the adoption of smart farming techniques. By utilizing 5G-enabled sensors and drones, farmers can gather critical data on crop performance and environmental conditions. This data-driven approach allows for timely interventions, reducing waste and increasing yields. The market is expected to grow at a CAGR of 19.58% from 2025 to 2035, indicating a strong shift towards technology-driven farming practices that promise higher efficiency and sustainability.

    Government Initiatives and Support

    Government initiatives play a pivotal role in shaping the Global 5G Smart Farming Market Industry. Various countries are investing in rural broadband infrastructure and providing incentives for farmers to adopt advanced technologies. These initiatives aim to bridge the digital divide and enhance agricultural competitiveness. For instance, funding programs and grants are being offered to support the deployment of 5G networks in rural areas, thereby facilitating the adoption of smart farming solutions. Such government backing is likely to accelerate market growth and encourage widespread technology adoption.

    Sustainability and Environmental Impact

    Sustainability emerges as a crucial driver in the Global 5G Smart Farming Market Industry. The integration of 5G technology facilitates precision farming, which minimizes the use of water, fertilizers, and pesticides. By optimizing resource allocation, farmers can reduce their environmental footprint while maintaining productivity. This trend aligns with global efforts to promote sustainable agricultural practices, potentially leading to a market valuation of 126.1 USD Billion by 2035. The emphasis on sustainability is likely to attract investments and innovations aimed at reducing the ecological impact of farming.

    Increased Connectivity and Data Transfer

    The Global 5G Smart Farming Market Industry benefits from enhanced connectivity and data transfer capabilities provided by 5G technology. With its high-speed internet and low latency, farmers can utilize real-time data analytics to monitor crop health, soil conditions, and weather patterns. This connectivity allows for the integration of IoT devices, enabling precision agriculture practices that optimize resource use. As a result, the market is projected to reach 17.6 USD Billion in 2024, reflecting the growing demand for efficient farming solutions that leverage advanced technologies.

    Rising Global Population and Food Demand

    The Global 5G Smart Farming Market Industry is driven by the rising global population and the corresponding increase in food demand. As the world population is projected to reach approximately 9.7 billion by 2050, the pressure on agricultural systems intensifies. 5G technology enables farmers to implement smart farming practices that enhance productivity and efficiency, addressing the challenges posed by this growing demand. The market's expansion is indicative of the urgent need for innovative solutions to ensure food security while maintaining sustainable agricultural practices.

    Market Segment Insights

    5G Smart Farming Market Component Insights

    Figure 2: 5G Smart Farming Market, by Component, 2022 & 2032 (USD Billion)

    The 5G Smart Farming Market segmentation, based on components includes Hardware, Software, and Services. The services segment dominated the market, accounting for 58% of market revenue (8.9 Billion). As 5G technology advances, farmers may actively secomponentsek expert consultancy to strategically harness its potential for their specific crops and agricultural practices. Consulting services offer valuable insights into the latest technological advancements, regulatory compliance considerations, and optimal strategies for leveraging 5G in agriculture.

    Figure 2: 5G Smart Farming Market, by Component, 2022 & 2032 (USD Billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    5G Smart Farming Market Application Insights

    The 5G Smart Farming Market segmentation, based on Application includes Precision Farming, Irrigation and Water Management, Plant Health, Soil Moisture, Water Supply Control, and Smart Greenhouse. The irrigation and water management segment dominated the market, accounting for 58% of market revenue (8.9 Billion). In large-scale agricultural operations, the remote monitoring and control capabilities provided by 5G connectivity offer substantial benefits. Particularly advantageous where manual oversight is challenging, this technology enables farmers to remotely adjust irrigation parameters based on real-time data. This capability not only contributes to water conservation but also enhances overall crop yields through optimized and responsive irrigation management.

    5G Smart Farming Market Farm Size Insights

    The 5G Smart Farming Market segmentation, based on Farm Size includes Large Farms, and Small & Medium Farms. The small & medium farms segment dominated the market, accounting for 60% of market revenue (8.9 Billion). The precision agriculture capabilities afforded by 5G present substantial benefits for small and medium-sized farms. Real-time monitoring and control features enable precise allocation of resources, including water, fertilizers, and pesticides. This results in heightened efficiency in resource utilization and overall farm management. Moreover, the data analytics capabilities inherent in 5G empower farmers to make informed decisions.

    Real-time data on weather conditions, soil health, and crop status can be scrutinized for optimized planting schedules, irrigation practices, and harvest timing. This data-driven methodology enhances productivity while mitigating the risk of resource wastage.

    Get more detailed insights about 5G Smart Farming Market Research Report - Global Forecast till 2034

    Regional Insights

    By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The anticipated expansion of the 5G Smart Farming market in North America can be attributed to several key factors. Government initiatives and backing aimed at modernizing agriculture have the potential to fuel the expansion of the 5G Smart Farming market. Incentives, subsidies, and regulatory frameworks designed to promote the uptake of advanced technologies may play a significant role in fostering market growth in North America.

    As an illustration, in May 2022, the Canadian government disclosed an investment of USD 441,917.5 to advance the development of an integrated system for precision fruit tree farming. This investment was also directed at acquiring sustainable solutions to address emerging challenges in Canada's apple industry.

    Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 3: 5G SMART FARMING MARKET SHARE BY REGION 2022 (USD Billion)

    5G SMART FARMING MARKET SHARE BY REGION 2022

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe's 5G Smart Farming Market accounts for the second-largest market share as Government backing and favorable policies play a crucial role in shaping the trajectory of the 5G Smart Farming market. Under Horizon 2020, an allocation exceeding €200 million was earmarked for Research and Innovation (R&I) dedicated to advancing digital technologies in agriculture. Notably, substantial investments were directed toward robotics and the Internet of Things (IoT)/digital platforms. In the realm of robotics, over €75 million was committed to support the establishment of a Robotics Digital Innovation Hub (DIH), the implementation of three large-scale pilots, and additional R&I projects.

    Agriculture stands as a key priority within the robotics program of Horizon 2020, recognized as the world's largest civil funding initiative for robotics. Various European countries may also feature subsidies, incentives, and regulatory frameworks geared toward fostering the widespread adoption of advanced agricultural technologies. Further, the German 5G Smart Farming Market held the largest market share, and the UK 5G Smart Farming Market was the fastest-growing market in the European region

    The Asia-Pacific 5G Smart Farming Market is expected to grow at the fastest CAGR from 2023 to 2032. Several nations in the Asia-Pacific region are recognized for their swift integration of emerging technologies. In 2022, the Government of India outlined plans to introduce Kisan Drones, focusing on crop assessment, land records digitization, and the application of insecticides and nutrients. According to data from IBEF, India's agricultural and processed food product exports achieved a noteworthy growth, reaching USD 9,598 million in FY23 (April-July 2022), marking a substantial 30% year-on-year increase.

    Notably, both governmental bodies and enterprises in these countries are progressively channeling investments into agricultural technology and innovation, fostering an environment conducive to the flourishing expansion of the 5G Smart Farming market. Moreover, China’s 5G Smart Farming Market held the largest market share, and the Indian 5G Smart Farming Market was the fastest-growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the 5G Smart Farming market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the 5G Smart Farming industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the 5G Smart Farming industry to benefit clients and increase the market sector. In recent years, the 5G Smart Farming industry has offered some of the most significant advantages to the agricultural sector. Major players in the 5G Smart Farming Market, including Huawei, Dronetech, Ericsson, John Deere, Indigo Ag, LumiGrow, Raven Industries, DroneDeploy, and Vodacom are attempting to increase market demand by investing in research and development operations.

    Huawei, a subsidiary of Huawei Investment & Holding Co Ltd, is a prominent provider of information and communication technology (ICT) infrastructure and smart devices. The company boasts a diverse product portfolio encompassing laptops, tablets, routers, wearables, headphones, enterprise wireless products, optical transmission and access products, networking products, and cloud and computing solutions. Huawei also delivers services and software tailored for carrier networks and smart services for enterprises. Its clientele spans various industries, including education, finance, healthcare, internet services, manufacturing, oil and gas, public safety, retail, smart city, smart grid, and transportation.

    Huawei has established a business presence, with operations spanning the Americas, Africa, Europe, and the Asia-Pacific region. Headquartered in Shenzhen, Guangdong, China, Huawei is recognized for its comprehensive offerings. In a strategic collaboration, China Mobile Zibo has partnered with Huawei to implement the inaugural 5G site at the Hefeng Unmanned Farm in Linzi District of Zibo. Spanning approximately 33 hectares, the farm is a collaborative initiative led by Professor Lan Yubin of Shandong University of Technology and Zibo Hefeng Seed, a seed production company.

    Deere & Co, commonly known as John Deere, is a leading provider of advanced products and services, specializing in the manufacturing and distribution of agricultural, construction, and forestry equipment, along with related service parts. The company's comprehensive product portfolio encompasses agriculture and turf equipment, outdoor power products, and machinery used in construction, earthmoving, material handling, and timber harvesting. In addition to its equipment offerings, Deere & Co. provides financing solutions for sales and leases, including wholesale financing and extended equipment warranties. The company owns and operates manufacturing facilities, administrative offices, and research centers ly, supporting its widespread business operations.

    With a robust presence in North America, Africa, Asia-Pacific, the Middle East, and Europe, Deere & Co. strategically markets its products through an extensive network of dealers and distributors. Headquartered in Moline, Illinois, the United States, the company is recognized for its commitment to delivering cutting-edge solutions in the realms of agriculture, construction, and forestry.

    Key Companies in the 5G Smart Farming Market market include

    Industry Developments

    February 2022: In February 2022, Sway AI, a developer specializing in AI technology and services, announced its collaboration with Trilogy Networks to join the Rural Cloud Initiative (RCI). This unique coalition comprises network and edge innovation partners committed to facilitating and accelerating the digital transformation of rural America. The collaboration aimed to provide farmers with a comprehensive AI-enabled precision agricultural solution.

    December 2021: In December 2021, DJI introduced its latest AGRAS T20 drone as part of its crop protection series for agriculture. This advanced drone is capable of carrying a maximum payload of 20 kg and boasts a 20% improvement in spray uniformity, covering an approximate distance of seven meters.

    Future Outlook

    5G Smart Farming Market Future Outlook

    The 5G Smart Farming Market is poised for growth at a 19.58% CAGR from 2024 to 2035, driven by advancements in IoT, precision agriculture, and data analytics.

    New opportunities lie in:

    • Develop AI-driven analytics platforms for real-time crop monitoring.
    • Invest in autonomous farming equipment integrated with 5G technology.
    • Create partnerships with telecom providers to enhance connectivity solutions for rural areas.

    By 2035, the 5G Smart Farming Market is expected to be a cornerstone of agricultural innovation and efficiency.

    Market Segmentation

    5G Smart Farming Market Regional Outlook

    • US
    • Canada

    5G Smart Farming Market Component Outlook

    • Hardware
    • Software
    • Services

    5G Smart Farming Market Farm Size Outlook

    • Large Farms
    • Small & Medium Farms

    5G Smart Farming Market Application Outlook

    • Precision Farming
    • Irrigation and Water Management
    • Plant Health
    • Soil Moisture
    • Water Supply Control
    • Smart Greenhouse

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 21.38 (USD Billion)
    Market Size 2025 25.12 (USD Billion)
    Market Size 2034 107.29 (USD Billion)
    Compound Annual Growth Rate (CAGR) 17.5% (2025 - 2034)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2034
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Segments Covered Component, application, farm size, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Huawei, Dronetech, Ericsson, John Deere, Indigo Ag, LumiGrow, Raven Industries, DroneDeploy, and Vodacom
    Key Market Opportunities Acceleration in Digital Transformation
    Key Market Dynamics The increased demand for modern farm equipment

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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    FAQs

    How much is the 5G Smart Farming Market?

    The 5G Smart Farming Market size was valued at USD 21.38 Billion in 2024.

    What is the growth rate of the 5G Smart Farming Market?

    The 5G Smart Farming Market is projected to grow at a CAGR of 17.5% during the forecast period, 2025-2034.

    Which region held the largest market share in the 5G Smart Farming Market?

    North America had the largest share of the market

    Who are the key players in the 5G Smart Farming Market?

    The key players in the market are Huawei, Dronetech, Ericsson, John Deere, Indigo Ag, LumiGrow, Raven Industries, DroneDeploy, and Vodacom

    Which Component Led the 5G Smart Farming Market?

    The Service segment dominated the market in 2024.

    Which Application had the largest market share in the 5G Smart Farming Market?

    The Irrigation and Water Management segment had the largest share in the market.

    5G Smart Farming Market Research Report - Global Forecast till 2034 Infographic
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