As of 2024, the main obstacles against the adoption of agricultural technology in the farming industry worldwide were unclear return on investment and high implementation and maintenance costs. Unclear ROI was especially a concern in North America, as indicated by ** percent of respondents against ** percent in Europe and ** percent in Latin America. In Europe, farmers identified as the main challenge a lack of scale to make full use of the investment (** percent of respondents). In India and Latin America, the lack of technical support in case of problems was also a major concern (** percent of respondents in India and ** percent in Latin America).
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McKinsey & Company. (October 15, 2024). Main global challenges for the adoption of agricultural technology in 2024, by region [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 28, 2026, from /statistics/1549977/challenges-for-agricultural-technology-adoption-worldwide-by-region/
McKinsey & Company. "Main global challenges for the adoption of agricultural technology in 2024, by region." Chart. October 15, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 28, 2026. /statistics/1549977/challenges-for-agricultural-technology-adoption-worldwide-by-region/
McKinsey & Company. (2024). Main global challenges for the adoption of agricultural technology in 2024, by region. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 28, 2026. /statistics/1549977/challenges-for-agricultural-technology-adoption-worldwide-by-region/
McKinsey & Company. "Main Global Challenges for The Adoption of Agricultural Technology in 2024, by Region." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 15 Oct 2024, /statistics/1549977/challenges-for-agricultural-technology-adoption-worldwide-by-region/
McKinsey & Company, Main global challenges for the adoption of agricultural technology in 2024, by region ÌÇÐÄÆÆ½â°æ, /statistics/1549977/challenges-for-agricultural-technology-adoption-worldwide-by-region/ (last visited July 28, 2026)
Main global challenges for the adoption of agricultural technology in 2024, by region [Graph], McKinsey & Company, October 15, 2024. [Online]. Available: /statistics/1549977/challenges-for-agricultural-technology-adoption-worldwide-by-region/