The Digital Agriculture Market is projected to reach USD 36.0 billion by 2028, with a CAGR of 10.3% from 2023 to 2028. The digital economy has had a significant impact on agriculture in developing countries, promoting agricultural development and addressing hunger-related challenges. Technologies such as precision farming, data analytics, and digital monitoring systems have played a crucial role in optimizing farming practices and improving yields. The digitalization of agriculture also positively influences governance in the sector, enabling more transparent and efficient decision-making and resource allocation. The Indian government’s NeGPA initiative is a key example of this, utilizing technologies such as AI, ML, IoT, and blockchain to drive data-driven decisions for optimized agricultural outcomes.
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