Emerging technologies include remote sensing, global positioning systems (GPS), geographic information systems (GIS), and the Internet of Things. The Internet of Things (IoT), Big Data analysis, and artificial intelligence (AI) are all the promising tools that are being used to solve complications, improve agricultural operations, and reduce expenses. Satellite remote sensing has been indispensable in understanding Earth and atmospheric dynamics over the last five decades. When compared to ground or aerial sensor acquisitions, satellite sensors have the ability to provide data at global sizes at a lower cost. With the support of satellite remote sensing, the scientific community has attained significant progress in recent years. In consideration of these efforts, the current study is intended to provide a comprehensive review of the function of remote sensing in assessing different water security challenges and other purposes. Crop production forecasting, drought assessment, cropping system analysis, horticultural assessment and development, crop development, thorough site analysis, satellite agro-meteorology, precision farming, crop insurance, and other operational big agricultural applications are examples. This research examines various uses as well as potential gaps in the market.