The Brazil smart agriculture market size reached USD 404.31 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 794.85 Million by 2033, exhibiting a growth rate (CAGR) of 7.80% during 2025-2033. Market demand is led predominantly by the expanding use of IoT and automation solutions, favorable policies from the government, increasing necessity for sustainable farming, fast-growing agribusiness and export growth, and sustained development in infrastructure connectivity.
Report Attribute
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Key Statistics
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Base Year
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2024 |
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 404.31 Million |
Market Forecast in 2033 | USD 794.85 Million |
Market Growth Rate (2025-2033) | 7.80% |
Adoption of IoT and Automation Technologies
Brazil’s smart agriculture market is increasingly influenced by the integration of the Internet of Things (IoT) technologies and automation. Farmers are adopting IoT devices, such as sensors, drones, and autonomous tractors, to enhance productivity and efficiency. These technologies acknowledge real-time monitoring of crop health, weather patterns and soil conditions, thus facilitating precision farming. Automation in irrigation systems and pesticide application not only reduces labor costs but also increases crop yield by optimizing resource usage. The idea of precision agriculture isn't novel, but recent developments in AI and IoT technologies are elevating it in Brazil. Intelligent agricultural methods enable farmers to meticulously manage their fields with unmatched precision, resulting in enhanced resource utilization and higher crop yields. Brazil is at the forefront of AI adoption in Latin America, as agritech startups draw in substantial investments in 2023. Firms such as AgroIntelli, Solinftec, and several others are harnessing this potential, anticipating a rise in agricultural productivity of 15%-20% and 25% respectively. This technological shift is driven by the necessity to meet the growing food demands and to mitigate labor shortages in rural areas. The accessibility of these technologies has improved, making them more cost-effective for small to mid-sized farms. Additionally, the data collected through these devices supports advanced analytics to forecast yields and optimize resource allocation.
Government Initiatives and Support
Support by the Brazilian government in the form of incentives and regulatory policies is a major force behind the smart agriculture market. Programs such as 'Mais Alimento' (More Food) and fiscal incentives for the adoption of new agriculture technologies are key. According to the United Nations Framework Convention on Climate Change, the program has raised dairy output among farmers by 63% and boosted their earnings by 204%. It has also led to a 30% enhancement in pastureland, a 50% reduction in the water usage of the region’s farms, and a 30% decline in production fluctuations. These programs are designed to enhance the competitiveness of Brazilian agriculture globally by promoting the use of new technologies. In addition, government-sponsored research and collaboration with technology suppliers enable the creation and distribution of smart farming solutions that are specific to the requirements of Brazilian farmers. These initiatives also aim to inform farmers about the advantages of adopting smart agriculture practices. This creates a technologically more sophisticated farming community that can manage agricultural resources sustainably.
Expansion of Agribusiness and Export Opportunities
Brazil's status as a top exporter of soybeans, coffee, and sugar boosts the implementation of smart agriculture solutions. Agribusiness players are investing in smart technologies for better crop quality and yield, hence competitiveness in global markets. Satellite imaging and machine learning models forecast patterns of crop development and adjust harvest times for optimal high-quality production. This not only complies with global standards but also enhances profitability through effective management of resources, further supporting Brazil's position in the international market. The push towards sustainable export practices also draws in foreign investors seeking environmentally friendly sourcing avenues. Consequently, these developments help Brazil sustain a robust agribusiness industry capable of responding to shifting global market trends.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level 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 Southeast, South, Northeast, North and Central-West.
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, Others |
Offerings Covered | Hardware, Software, Service |
Farm Sizes Covered | Small, Medium, Large |
Regions Covered | Southeast, South, Northeast, North, Central-West |
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) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: