According to Cognitive Market Research, the global Digital Farming Solution market size is USD 24581.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 14.20% from 2024 to 2031.
North America was the major market, accounting for more than 40% of global revenue. With a market size of USD 9832.48 million in 2024, it will grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 7374.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 5653.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.2%from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD 1229.06 million in 2024, and will grow at a compound annual growth rate (CAGR) of 13.6% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD 491.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2031.
The Advisory Services held the highest Digital Farming Solution market revenue share in 2024