Existing literature indicates the untapped potential of digital agriculture technologies and interventions to revolutionize agricultural development. However, there is a lack of a comprehensive review of the present digital agriculture ecosystem and, therefore, a limited understanding. This study seeks to address that evidence gap by reviewing what has been researched about the current digital agriculture solutions in Bangladesh. The research undertakes a systematic literature review of the use of digital agriculture applications by smallholder farmers and other actors across the agriculture value chain to explore the digitalization and smart farming applications. The manuscript sheds light on opportunities for fostering digital innovations by discussing the accomplished agri‐tech initiatives and challenges associated with those agriculture 4.0 technologies. The findings reveal considerable replications of digital agriculture services by various public, private, and technology companies, underscoring the necessity for more inclusive collaborations among the supply‐side actors for shaping the digital agriculture infrastructure. The article suggests future areas for research probing the impact of available digital agriculture practices and to what extent those are effective in facilitating the agri‐food systems stakeholders.