The Australia smart agriculture market size reached USD 304.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,021.2 Million by 2033, exhibiting a growth rate (CAGR) of 13.3% during 2025-2033. The industry is driven by the integration of precision agriculture technologies, like GPS-enabled gear, drones, and IoT sensors, which allows farmers to track soil health, irrigation levels, and crop conditions with unheralded accuracy. Moreover, the synergy of AI and big data insights supports real-time decision-making, maximizes crop management, and enhances yields. These innovations are imperative in solving some of the challenges brought about by climate variability and shortages of labor, guaranteeing the efficiency and resilience of the Australia smart agriculture market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 304.8 Million |
Market Forecast in 2033 | USD 1,021.2 Million |
Market Growth Rate 2025-2033 | 13.3% |
Enhanced Efficiency and Sustainability
Precision farming is changing the market through the incorporation of cutting-edge technology to maximize the use of resources and improve efficiency. Farmers are using satellite images, IoT sensors, and artificial intelligence analytics to track soil humidity, plant wellness, and meteorological conditions in real time. The data-led method allows exact irrigation, application of fertilizers, and prediction of pest occurrences, resulting in lower input expenditures and reduced damage to the environment. The use of variable rate technology (VRT) enables customized application of water and nutrients so that every section of the field gets the required amount of nutrition. Apart from this, AI-driven decision support systems help farmers make better decisions regarding planting schedules and crop rotation, increasing overall farm resilience. Use of these technologies also increases yields and sustainable farming by saving resources and minimizing wastage.
Smart Irrigation and Water Management
Water shortage is a major issue in Australia, and hence efficient water use is highly imperative for the sustainability of agriculture. Soil moisture sensors and weather-based controllers are becoming more common in smart irrigation systems. They provide automatic scheduling adjustments depending on real-time data, leading to maximum water use and minimum loss. Drip irrigation is also becoming popular, where water is directly supplied to the root zone of plants and evaporation loss is minimized. With satellite-based crop health monitoring, farmers can detect patches that need extra water or fertilizers, and this increases efficiency further. All these developments save water, in addition to increased crop yields and quality, for the long-term sustainability of Australian agriculture. Implementation of such technology is encouraged through government programs like the Smart Farms Program, offering grants to facilitate sustainable agriculture practices, which further fuels the growth and development of the market outlook.
Agricultural Robotics and Autonomous Systems
The development and deployment of agricultural robotics are revolutionizing farm operations across Australia. Innovations like autonomous tractors, drones, and AI-powered livestock management systems are streamlining tasks such as planting, harvesting, and monitoring animal health. For instance, SwagBot, an AI-driven robot, autonomously herds cattle and assesses pasture conditions, preventing overgrazing and soil degradation. These technologies reduce labor requirements, increase operational efficiency, and enhance environmental sustainability. Another example is that of SwarmFarm Robotics, an innovative Australian firm in agricultural automation, has significantly influenced farms in the Wheatbelt area. Their self-governing robots, referred to as SwarmBots, are fitted with sophisticated sensors and AI features, allowing them to function autonomously in the environment. In the Wheatbelt area of Western Australia, SwarmBots are currently utilized for activities like weed management, crop observation, and precise spraying. The implementation of SwarmBots has greatly enhanced the effectiveness of farming activities by automating tedious and labor-heavy tasks, enabling farmers to concentrate on more strategic elements of their work. Robotic farms are hence especially useful in rural locations, where labor scarcity is prevalent, and activities are labor-absorptive. In addition, robotic implementation combined with IoT sensors and AI analysis supports real-time monitoring and data acquisition to enable farmers to get real-time insights for optimal farm management. As these technologies continue to develop, they are expected to increasingly shape and fuel the Australia smart agriculture market growth, thereby making it more efficient, sustainable, and resistant to issues like climate change and labor shortages.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on agriculture type, offering, and farm size.
Agriculture Type Insights:
The report has provided a detailed breakup and analysis of the market based on the agriculture type. This includes precision farming, livestock monitoring, smart greenhouse, and others.
Offering Insights:
The report has provided a detailed breakup and analysis of the market based on the offering. This includes hardware, software, and service.
Farm Size Insights:
The report has provided a detailed breakup and analysis of the market based on the farm size. This includes small, medium, and large.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Agriculture Types Covered | Precision Farming, Livestock Monitoring, Smart Greenhouse, Other |
Offerings Covered | Hardware, Software, Service |
Farm Sizes Covered | Small, Medium, Large |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |