Smart Irrigation Market to Be Worth $10.2 Billion by 2030

Smart Irrigation Market by Type (Weather Based, Soil Moisture Based) Component (Monitoring, Controlling, Connectivity, Software), Irrigation Type (Sprinkler, Drip, Surface, Pivot), End Use, and Geography – Global Forecast to 2030

The Smart Irrigation Market to reach $10.2 billion by 2030, at a CAGR of 22.4% from 2023 to 2030. The growth of the smart irrigation market is driven by the rising need for water efficiency & conservation, the surge in government policies to promote sustainable agriculture & efficient use of water resources, and the growing demand for soil moisture monitoring in various areas, including agriculture, landscaping, and gardening. In addition, the increasing integration of technologies such as IoT sensors, Wi-Fi, & GPS in irrigation controllers and the increasing adoption of weather and sensor-based controllers are expected to offer significant opportunities for the growth of this market.

However, the high cost of installation hampers the growth of this market. In addition, the lack of proper water infrastructure in developing countries is a major challenge to the growth of this market.

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