Smart Irrigation Market Trends

Global Smart Irrigation Market size was valued at USD 1.44 Billion in 2023 and is poised to grow from USD 1.52 Billion in 2024 to USD 2.37 Billion by 2032, growing at a CAGR of 5.7% in the forecast period (2025-2032).

The players in the global smart irrigation market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. The key market players are investing heavily in new technologies to provide better smart irrigation systems to the consumers. Many key players are also investing in the global smart irrigation industry to increase their market presence. They are also investing immensely in research and development for introducing advanced irrigation solutions, leading to the growth of the market. 'AquaSpy, Inc.', 'Banyan Water, Inc.', 'Caipos GmbH', 'Calsense', 'Delta-T Devices Ltd.', 'Jain Irrigation, Inc.', 'Galcon Ltd.', 'Hunter Industries Incorporated', 'HydroPoint Data Systems, Inc.', 'Netafim Limited', 'Rachio, Inc.', 'Rain Bird Corporation', 'Soil Scout Oy', 'The Toro Company', 'Weathermatic'

The use of 5G in the agricultural industry has the ability to advance all aspects of the value chain. It can improve precision farming, smart irrigation, and improve soil and crop monitoring. As a result, farmers can make use of buried soil probes that can be easily connected via 5G connectivity. These tools may also record information about moisture content, soil characteristics, and salinity, which gives farmers knowledge about the health of their crops. Players in the smart irrigation market have a number of opportunities as a result of these reasons.

Rapid Growth of Smart Cities: Smart irrigation systems are widely used in building smart cities in order to conserve water. The concept of a smart city is gaining more momentum across various nations of the world since this concept focuses on the sustainable management of water in commercial and residential spaces. The growing urbanization is leading to the reduction in the green cover to make a pathway for concrete infrastructure, which makes it essential to manage the green balance and thus, implement smart irrigation concept for it. 

North America is dominating with the largest smart irrigation market share. The North America smart irrigation market is driven by the increasing focus on water conservation and sustainable agriculture practices. As a region facing water scarcity challenges, the government authorities are taking initiative to encourage the adoption of water-saving technologies. With such rising concern for water conservation, government authorities in North America are providing subsidies to improve the application of smart irrigation. For instance, the government of California has provided rebates on smart controllers. Moreover, private entities in North America are also forming partnerships to offer advanced products in the region.