IoT for Fisheries and Aquaculture Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global IoT for Fisheries and Aquaculture Market- by Application (Feed Optimization, Monitoring and Surveillance, Yield Analysis and Measurement, and Other Applications), System Type (Smart Feeding Systems, Precision-fishing techniques, Smart Buoy technology, Metocean Data Collection, Monitoring and Control Systems, Underwater ROV Systems, and Other System Type), Farm Type (Open Aquaculture Farms and RAS Farms), Trends, Industry Competition Analysis, Revenue and Forecast To 2034.”
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According to the latest research by InsightAce Analytic, the global IoT for Fisheries and Aquaculture market is valued at 358.87 Million in 2024, and it is expected to reach US$ 1258.99 Million by the year 2034, with a CAGR of 13.5% during a forecast period of 2025-2034.
The Internet of Things (IoT) is demonstrating increasing applicability across a wide range of industries, including the fisheries and aquaculture sector. IoT-enabled solutions are being progressively adopted to enhance the monitoring and management of aquaculture operations. Equipped with advanced sensors, these systems continuously measure key water quality parameters-such as temperature, pH, dissolved oxygen, and ammonia levels-which are critical to sustaining optimal environmental conditions for aquatic species’ health and growth.
The global market for IoT in fisheries and aquaculture is poised for robust expansion, driven by the rapid growth of aquaculture activities, increased investments in research and development, continuous technological innovation, and rising demand for protein-rich aquatic products. Notable growth factors include the widespread adoption of recirculating aquaculture systems (RAS), the increasing deployment of sophisticated aquaculture equipment, and the expanded use of underwater remotely operated vehicles (ROVs), particularly across developing economies.
Furthermore, industry stakeholders are focusing on the advancement of cloud-based analytics platforms that leverage artificial intelligence and aggregate data from smart sensors and satellite technologies to optimize farm operations and support environmentally sustainable practices. The continued evolution of aquaculture as a scalable and reliable food production solution is expected to sustain the demand for integrated IoT technologies within the sector.
Nonetheless, several challenges may impede market progress. These include the technical complexities associated with integrating IoT systems, the high costs of continuous monitoring, a limited pool of skilled professionals, substantial upfront capital requirements, and a general lack of digital literacy among traditional aquaculture operators. Addressing these barriers will be critical to unlocking the full potential of IoT in advancing productivity and sustainability in the fisheries and aquaculture industry.
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The Asia Pacific is anticipated to be the major contributor to the IoT for the Fisheries and Aquaculture market over the forecast years because the aquaculture business is expanding and advanced technology is being adopted quickly. The leading nations in this region are China, India, Indonesia, and Japan. The increasing usage of aquaculture equipment in fish farms worldwide, the popularity of aquaculture farming employing recirculating aquaculture systems (RAS), and the rapid use of underwater ROVs in developing countries are the primary drivers of market expansion. In addition, the North America IoT for Fisheries and Aquaculture market is expected to grow significantly during the forecast period. The increasing number of aquaculture farms increased R&D spending, and extensive product innovation may boost the expansion of the IoT for the Fisheries and Aquaculture market in this region.
Major market players operating in the IoT for Fisheries and Aquaculture market include Lifegard Aquatics (US), Bluegrove (Norway), Imenco AS (Norway), In-Situ (US), Signify (Netherlands), Jala Tech (Indonesia), Maritech Systems (Norway), Aquaconnect (India), AquaMaof (Israel), Planet Lighting (Australia), MonitorFish (Germany), Observe Technologies (UK), AKVA group (Norway), InnovaSea Systems (US), Steinsvik (ScaleAQ) (Norway), Deep Trekker (Canada), Aquabyte (US), OxyGaurd (Denmark), Eruvaka Technologies (India), Akuakare (Turkey), CPI Equipment (Canada), Omso Systems (US), Optimar AS (Norway), Sensorex (Norway), BlueTraker, Scatri, ORBCOMM, NEC Global, Libelium, KDDI Corporation, HydroNeo, eFishery, Marine Instruments, Blue Ocean Gear, GO Smart, Satlink, BOC MetOcean, DHI Group, and Other Prominent Players.
Recent collaborations and agreements in the market:
• In April 2022, Halma, a multinational coalition of life-saving technology companies, purchased Deep Trekker Inc. Deep Trekker will continue to operate as a distinct entity under Halma’s leadership and will be integrated into the Environmental & Analysis sector.
• In June 2022, In order to deploy an artificial intelligence (A.I.) solution powered by the internet of things (IoT) water quality sensors, fisheries and AquaEasy inked a distribution cooperation agreement. This multimillion-dollar partnership intends to boost the production, profitability, and long-term viability of Indonesia’s shrimp farming industry.
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Market Segments
Global IoT for Fisheries and Aquaculture Market, by Application, 2022-2030 (Value US$ Mn)
• Feed Optimization
• Monitoring and Surveillance
• Yield Analysis and Measurement
• Others
Global IoT for Fisheries and Aquaculture Market, by System Type, 2022-2030 (Value US$ Mn)
• Smart Feeding Systems
• Precision-fishing technique
• Monitoring and Control Systems
• Smart Buoy technology
• Metocean Data Collection
• Underwater ROV Systems
• Other System Type
Global IoT for Fisheries and Aquaculture Market, by Farm Type, 2022-2030 (Value US$ Mn)
• Open Aquaculture Farms
• RAS Farms
Global IoT for Fisheries and Aquaculture Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global IoT for Fisheries and Aquaculture market
To receive an industry overview and future trends of the IoT for Fisheries and Aquaculture market
To analyze the IoT for Fisheries and Aquaculture market drivers and challenges
To get information on the IoT for Fisheries and Aquaculture market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the IoT for Fisheries and Aquaculture market industry
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