Technological progress can possibly offer multiple solutions to the most significant challenges faced by agriculture. Although benefits of precision agriculture are promoted from a long period, however, its diffusion progressing in a slower manner. Perceptions of Hungarian FADN arable farms collected through a survey (2016) is contrasted with the cost-benefit analysis of farms already applying certain parts of precision agriculture technology. The survey revealed the details of the application of different technologies and their impacts as perceived among arable farms. Special subsidies implementing into the “greening” component of CAP will be an inciting factor for supporting the wider spread of PA.