The global concern encompassing the impact of pesticides on both human health and environment highlights a pressing need for their comprehensive solutions. The proposed sustainable use regulation emphasizes environmentally friendly options while promoting the use of integrated pest management. In this chapter, the authors will discuss the application of cost-benefit analysis, which is essential to determining whether traditional and smart technology-based pest management solutions can be implemented. With regard to crop protection, pest reduction, and financial returns, this framework of analysis compares the benefits of different pest management methods with the expenses that go along with them. In recent times, eco-efficient pest-smart ways have become more prevalent, combining cutting-edge technologies with ecologically sound pest management techniques. Precision agriculture, biological management, pheromone-based monitoring, remote sensing, and other approaches are all included in this broad category. In this chapter, the authors will explore how technology aids contemporary pest control methods.