This report studies the Artificial Intelligence (AI) in Agriculture market, from angles of players, regions, product types and end industries, to analyze the status and the future.
Artificial Intelligence (AI) in Agriculture Market size is being driven by the growing adoption of the robots in agriculture. Increasing consumption and rising requirement of better yield of crops are estimated to be one of the major factors that is fueling the demand of robots in agriculture. Increasing consumption motivates farmers to scale up farming operations and give rise to the requirement of automating farming operations. As the farmers are shifting more towards automation, drones and robots have become integral part of agriculture farms and are enhancing yield and improving the product quality. Since AI is the backbone of robotics, increasing adoption of robots in agriculture is estimated to drive the AI in agriculture market growth.
Market Analysis and Insights: Global Artificial Intelligence (AI) in Agriculture Market
Due to the COVID-19 pandemic, the global Artificial Intelligence (AI) in Agriculture market size is estimated to be worth US$ 578.7 million in 2021 and is forecast to a readjusted size of US$ 578.7 million by 2028 with a CAGR of 16.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Artificial Intelligence (AI) in Agriculture global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Artificial Intelligence (AI) in Agriculture is mainly used for three applications: Precision Farming, Livestock Monitoring, Drone Analytics, Agriculture Robots, Others. And Precision Farming was the most widely used area which took up about 35% of the global total.
United States is the largest consumption countries of Artificial Intelligence (AI) in Agriculture. North America market took up about 45% the global market, while Europe was about 24%.
IBM, Granular, John Deere, The Climate Corporation and Vision Robotics are the key suppliers in the global Artificial Intelligence (AI) in Agriculture market. Top 5 took up about 46% of the global market.
Global Artificial Intelligence (AI) in Agriculture Scope and Market Size
The global Artificial Intelligence (AI) in Agriculture market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Artificial Intelligence (AI) in Agriculture market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Machine Learning
Computer Vision
Predictive Analytics
Segment by Application
Precision Farming
Livestock Monitoring
Drone Analytics
Agriculture Robots
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
IBM
Intel
Microsoft
SAP
Agribotix
The Climate Corporation
Mavrx
aWhere
Precision Hawk
Granular
Prospera Technologies
Spensa Technologies
Resson
Vision Robotics
Harvest Croo Robotics
CropX
John Deere
Gamaya
Cainthus
Artificial Intelligence (AI) in Agriculture Market size is being driven by the growing adoption of the robots in agriculture. Increasing consumption and rising requirement of better yield of crops are estimated to be one of the major factors that is fueling the demand of robots in agriculture. Increasing consumption motivates farmers to scale up farming operations and give rise to the requirement of automating farming operations. As the farmers are shifting more towards automation, drones and robots have become integral part of agriculture farms and are enhancing yield and improving the product quality. Since AI is the backbone of robotics, increasing adoption of robots in agriculture is estimated to drive the AI in agriculture market growth.
Market Analysis and Insights: Global Artificial Intelligence (AI) in Agriculture Market
Due to the COVID-19 pandemic, the global Artificial Intelligence (AI) in Agriculture market size is estimated to be worth US$ 578.7 million in 2021 and is forecast to a readjusted size of US$ 578.7 million by 2028 with a CAGR of 16.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Artificial Intelligence (AI) in Agriculture global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Artificial Intelligence (AI) in Agriculture is mainly used for three applications: Precision Farming, Livestock Monitoring, Drone Analytics, Agriculture Robots, Others. And Precision Farming was the most widely used area which took up about 35% of the global total.
United States is the largest consumption countries of Artificial Intelligence (AI) in Agriculture. North America market took up about 45% the global market, while Europe was about 24%.
IBM, Granular, John Deere, The Climate Corporation and Vision Robotics are the key suppliers in the global Artificial Intelligence (AI) in Agriculture market. Top 5 took up about 46% of the global market.
Global Artificial Intelligence (AI) in Agriculture Scope and Market Size
The global Artificial Intelligence (AI) in Agriculture market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Artificial Intelligence (AI) in Agriculture market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Machine Learning
Computer Vision
Predictive Analytics
Segment by Application
Precision Farming
Livestock Monitoring
Drone Analytics
Agriculture Robots
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
IBM
Intel
Microsoft
SAP
Agribotix
The Climate Corporation
Mavrx
aWhere
Precision Hawk
Granular
Prospera Technologies
Spensa Technologies
Resson
Vision Robotics
Harvest Croo Robotics
CropX
John Deere
Gamaya
Cainthus
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