Middle East & Africa Smart Agriculture Market Outlook, 2027

Middle East & Africa Smart Agriculture Market will grow with a CAGR of 12.62% by 2027. Precision agriculture will lead the market with more than 60% of market share.

Featured Companies

  • 1. John Deere Ltd
  • 2. Merck & Co., Inc.
  • 3. Trimble Inc.
  • 4. Topcon Positioning Systems Inc.
  • 5. AGCO Corporation
  • 6. Afimilk Limited
  • More...

The Middle East & Africa region has some of the penetrated mobile markets in the world that provides a fertile ground for smart agriculture. As the use of smartphones is becoming common within the farmers, the smart agriculture is witnessing growth in the agricultural sector. The region majorly grows wheat and barley which are the staple crops. Additionally, other crops like rice, maize, lentils, chickpeas, vegetables and fruits.

In Africa almost about 874 million hectares of agricultural land and within this 83% of the land have serious soil fertility or other limitations and will need costly improvements and amendments to achieve high and sustained productivity. For this reason the smart agriculture is gradually raising its demand within the farmers for increasing the productivity of the yields. Africa produces grains like corn, wheat, and rice majorly. Corn has the widest distribution.

According to the report published by Bonafide Research titled as “Middle East & Africa Smart Agriculture Market Outlook, 2027” The Middle East & Africa region is anticipated to grow with a CAGR of 12.62% by the end of the forecast period. As per research the technology has completely transformed the agriculture sector in last few years. Today, the governments is also promoting and encouraging the farmers and landholders to adopt the advanced technologies. In 2020, the government launched its Green Generation 2020–30 strategy, which includes among its objectives the introduction of the new technologies and the digitalization of agricultural services.

In the United Arab Emirates, where 80% of the food is imported, the governments are investing heavily in agritech, whereas, Abu Dhabi has announced USD 100m investment in four agritech companies, the first in a larger USD 272 Million agritech support program. As both the regions suffer from major limitations in agricultural sector, the adoption of smart agriculture system can reduce these limitations gradually. The adoption of drones, sensors, trackers and many other devices which can help the farmers for better cultivation are also increasing the production process. Therefore, the smart agriculture system needs a little encouragement and few investments to develop in this region.

In the Middle East & Africa region, precision agriculture type is expected to lead the market by holding more than 60% of market share. Availability of unmanned aerial vehicles (drones), optimized inputs and sustainable farming are expected to be responsible for the exponential market growth for precision agriculture in the region. Rising demand for new agriculture practices to increase productivity and rapid growth of the populations are also expected to propel the market growth. However, unaffordable cost of the equipment by the farmer in developing countries (middle and low income countries) and lack of awareness amongst the farmers are anticipated to restrain the smart agriculture market growth in Middle East & Africa.

The Covid-19 effect on Middle East & Africa smart agriculture market:
Covid-19 is an incomparable global public health emergency that has impacted almost every industry and the long-term effects are estimated to affect the industry growth during the forecast period. Middle East & Africa region was also heavily affected due to Covid-19 pandemic. Due to strict government regulations regarding lockdown and social-distancing norms, many production units were forced to halt the manufacture of various products. However, this pandemic has showed positive side towards the agriculture industry of Middle East & Africa region. Staying at home and lack of labor work has resulted into higher adoption of technology enabled devices. Due to higher efficiency and durability of IoT devices for agriculture, it is anticipated to have growing demands from the consumers across the region.

Major Companies present in the market:
Raven Industries, Inc, Merck & Co., Inc, Deere & Company, AgJunction Inc., Trimble Inc., Topcon Positioning Systems, Inc., AGCO Corporation, AG Leader Technology, Afimilk Limited, InnovaSea Systems, Inc., Abaco Systems, Inc., GEA Group Aktiengesellschaft (GeaCowScout), Grownetics, Inc., Heliospectra AB, Nedap N.V. Inc, Gamaya SA, Ceres Imaging, Inc, AKVA group, CropX Technologies

Considered in this report
• Geography: Middle East & Africa
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• Middle East & Africa Smart Agriculture Market with its value and forecast along with its segments
• Country wise smart agriculture market analysis
• Application wise smart agriculture distribution
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Regions covered in the report
• United Arab Emirates
• Saudi Arabia
• South Africa

Types of smart agriculture in the report:
• Precision Agriculture
• Aquaculture/Precision Fish Farming
• Smart Greenhouse Market
• Precision Livestock Monitoring Market
• Precision Forestry Market

By Offering Type in the report:
• Hardware
• Software
• Services

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.


What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Companies Mentioned

  • John Deere Ltd
  • Merck & Co., Inc.
  • Trimble Inc.
  • Topcon Positioning Systems Inc.
  • AGCO Corporation
  • Afimilk Limited
  • GEA Group Aktiengesellschaft (Gea CowScout)
  • Nedap N.V. Inc
  • AKVA group
  • CropX Technologies

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic /Demographic Snapshot
  • 5. Global Smart Agriculture Market Outlook
  • 5.1. Market Size by Value
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By Country
  • 5.2.3. By Company
  • 5.2.4. By Type
  • 5.2.5. By Offering
  • 6. Middle East & Africa Smart Agriculture Market Outlook
  • 6.1. Market Size by Value
  • 6.2. Market Share
  • 6.2.1. By Country
  • 6.2.2. By Type
  • 6.2.3. By Offering
  • 6.3. UAE Smart Agriculture Market Outlook
  • 6.3.1. Market Size by Value
  • 6.3.2. Market Share
  • 6.3.2.1. By Type
  • 6.3.2.2. By Offering
  • 6.4. Saudi Arabia Smart Agriculture Market Outlook
  • 6.4.1. Market Size by Value
  • 6.4.2. Market Share
  • 6.4.2.1. By Type
  • 6.4.2.2. By Offering
  • 6.5. South Africa Smart Agriculture Market Outlook
  • 6.5.1. Market Size By Value
  • 6.5.2. Market Share
  • 6.5.2.1. By Type
  • 6.5.2.2. By Offering
  • 7. Market Dynamics
  • 7.1. Key Drivers
  • 7.2. Key Challenges
  • 8. Market Trends and Developments
  • 8.1. XXXXXX
  • 8.2. XXXXXX
  • 8.3. XXXXXX
  • 9. Company Profiles
  • 9.1. Merck & Co., Inc
  • 9.2. Deere & Company
  • 9.3. Trimble Inc.
  • 9.4. Topcon Positioning Systems,Inc.
  • 9.5. AGCO Corporation
  • 9.6. Afimilk Limited
  • 9.7. GEA Group Aktiengesellschaft (Gea CowScout)
  • 9.8. Nedap N.V. Inc
  • 9.9. AKVA group
  • 9.10. CropX Technologies
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Smart Agriculture Market Share By Region (2016, 2021&2027F)
Table 5: Global Smart Agriculture Market Share By Country
Table 6: Global Smart Agriculture Market Share
Table 7: Middle East & Africa Smart Agriculture Market Share By Country (2016, 2021&2027F)
Table 8: Key Facts of Merck & Co., Inc
Table 9: Key Facts of Deere & Company
Table 10: Key Facts of Trimble Inc.
Table 11: Key Facts of Topcon Positioning Systems, Inc.
Table 12: Key Facts of AGCO Corporation
Table 13: Key Facts of Afimilk Limited
Table 14: Key Facts of GEA Group Aktiengesellschaft (Gea CowScout)
Table 15: Key Facts of Nedap N.V.
Table 16: Key Facts of AKVA group
Table 17: Key Facts of CropX Technologies

List of Figures
Figure 1: Global Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 2: Global Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 3: Global Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 4: Middle East & Africa Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 5: Middle East & Africa Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 6: Middle East & Africa Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 7: UAE Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 8: UAE Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 9: UAE Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 10: Saudi Arabia Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 11: Saudi Arabia Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 12: Saudi Arebia Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 13: South Africa Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 14: South Africa Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 15: South Africa Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 16: Market Attractiveness Index, 2021
Figure 17: Market Attractiveness Index, 2027F

Market Research FAQs

Middle East& Africa smart agriculture market is anticipated to grow at 12.62% CAGR during the forecast period.

Perhaps one of the most promising agritech advancements is the use of agricultural drones in smart farming. Also known as UAVs (unmanned aerial vehicles), drones are better equipped than airplanes and satellites to collect agricultural data.

IoT applications run on IoT devices and can be created to be specific to almost every industry and vertical, including healthcare, industrial automation, smart homes and buildings, automotive, and wearable technology. Increasingly, IoT applications are using AI and machine learning to add intelligence to devices.

South Africa is estimated to lead the Middle East& Africa smart agriculture market by 2027.

In Middle East& Africa smart agriculture market report, three offerings have been discussed that are hardware, software and services.
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Middle East & Africa Smart Agriculture Market Outlook, 2027

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