The vertical farming market is driven by a combination of technological advancements, rising urbanization, and increasing food demand. Key drivers include the global push for sustainable agricultural practices and the need to reduce environmental degradation linked to conventional farming. Urban populations are growing, putting pressure on food systems to produce more within limited space—making vertical farming a viable solution. Additionally, innovations in artificial intelligence, robotics, LED lighting, and sensor-based monitoring systems are improving crop yields and operational efficiency. However, high capital investment and energy consumption remain significant challenges. The market is also influenced by regulatory frameworks, subsidies, and consumer preferences for pesticide-free and locally grown produce. Strategic collaborations, particularly between agritech firms and city planners, are accelerating vertical farming adoption. Moreover, climate change and disruptions in traditional farming due to extreme weather events are encouraging governments and investors to support alternative farming models, further boosting market momentum.