Uploaded on Sep 4, 2024
According to the latest research report by IMARC Group, The global AI in agriculture market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2032, exhibiting a growth rate (CAGR) of 20.51% during 2024-2032. More Info:- https://www.imarcgroup.com/ai-in-agriculture-market
AI in Agriculture Market by Product Type, Distribution Channel, End User 2024-2032
Global AI in Agriculture Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom high-growth s tar tups to For tune 500 companies. We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies, compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies , set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing compet i tors, and opt imiz ing procurement s t rategies. Accord ing to t he la tes t repor t by IMARC G roup , t i t l ed " AI i n Agr icu l tu re Market : G loba l I ndust ry T rends , Share , S ize , Grow th , Opportun i ty and Forecast 2024- 2032, " t he g loba l A I i n agr i cu l t u re marke t s i ze reached US$ 1 . 8 B i l l i on in 2023 . Factors Af fect ing the Growth of the AI in Agricu l ture Industry: Report Enhanced Crop Yie ld and Moni tor ing: The inc reas ing demand f o r enhanced c rop y ie l d and more e f f i c ien t mon i t o r ing Highlight and sys tems rep resent s one o f t he c ruc ia l f ac to r s impe l l i ng the marke t g rowt h . The r i s ing need t o max im ize ag r i cu l t u ra l p roduc t i v i t y t o mee t f ood demands i s encourag ing t he adop t i on o f A I t echno log ies , i nc lud ing mach ine learn ing (ML) and Description pred ic t i ve ana ly t i cs , t o ana lyze fa rm da ta , enab l ing fa rmers to make more in f o rmed dec is i ons . These techno log ies he lp in p red ic t ing the op t ima l p l an t i ng seasons , unders t and ing so i l hea l th , and manag ing pes ts and d iseases more e f f ec t i ve ly . These A I -d r i ven so lu t i ons a lso ass is t i n rea l - t ime mon i t o r ing o f c rop g rowth , ensur ing tha t i ssues a re iden t i f i ed and addressed prompt l y , t hereby s ign i f i can t l y improv ing y ie ld and qua l i t y . Integrat ion of Big Data: The in teg ra t ion o f b ig da ta ana ly t i cs in ag r icu l tu re i s ano ther ma jo r d r ive r . The vas t amount o f da ta genera ted f rom var ious sources l i ke sa te l l i te imagery , so i l senso rs , wea ther s ta t ions , and d rones p rov ide va luab le ins igh ts fo r fa rmers , and A I a lgo r i thms ana lyze th is da ta to p rov ide ac t ionab le ins igh ts on c rop Report hea l th , so i l cond i t i ons , mo is tu re leve ls , and wea ther p red ic t ions . Th is he lps in op t im iz ing ag r i cu l tu ra l p rac t ices , reduc ing resource was te , and Highlight and i nc reas ing c rop p roduc t i v i t y . Th is incorpora t ion a lso enab les p red ic t i ve ana ly t i cs fo r be t te r p lann ing and r i sk management , t hus mak ing fa rming more sus ta inab le and e f f i c ien t i n the face o f c l ima te change and o the r Description env i ronmen ta l cha l lenges . Adoption of Precision Agr icul ture: The g rowing adop t ion o f p rec is ion agr icu l tu re , wh ich invo lves the use o f A I and the in te rne t o f th ings ( IoT) techno log ies to enab le more p rec ise and con t ro l led fa rming p rac t ices , i s pos i t i ve l y in f luenc ing the marke t . Th is i nc ludes the use o f sensors , g loba l pos i t i on ing sys tems (GPS) , and A I -d r iven dec is ion suppo r t sys tems to op t imize f i e ld - leve l management regard ing c rop fa rming . Th is method max imizes y ie lds wh i le m in im iz ing env i ronmen ta l impac t by ta i lo r ing fa rming p rac t i ces based on spec i f i c cond i t i ons o f each par t o f t he f i e ld . I t enab les fa rmers to app ly the r igh t amount o f inpu ts l i ke wa te r , fe r t i l i ze rs , and pes t i c ides a t t he r igh t t ime and p lace , the reby reduc ing cos ts and inc reas ing susta inab i l i t y . The e f f i c iency and cos t -e f fec t iveness o f Report prec is ion agr icu l tu re a re ma jo r fac to rs con t r ibu t ing to i t s i nc reased adop t ion g loba l ly . Highlight and Request for a PDF sample o f th is repor t : h t tps : / /www. imarcgroup .com/a i - i n -ag r i cu l tu re -marke t / reques tsamp le Description Report Description Global AI in Agricul ture Market Trends: The increas ing employment o f autonomous robots in farming operat ions for per forming a wide range of tasks, such as harvest ing, weeding, and p lant ing, wi th prec is ion and ef f ic iency is suppor t ing the market growth. The adopt ion of automat ion robots is a lso dr iven by the need to reduce labor costs and increase operat iona l e f f ic iency. These robots not on ly work fas ter than human laborers but a lso wi th greater accuracy, reduc ing waste and improv ing y ie ld qual i ty . Fur thermore, the growing in tegrat ion of b lockchain technology in agr icu l tura l operat ions is enhanc ing t raceabi l i ty and t ransparency in the agr icu l tura l supply cha in . Th is technology prov ides a secure and immutable ledger for record ing t ransact ions, which is c ruc ia l for t rack ing the journey of agr icu l tura l products f rom farm to tab le . I t ensures the authent ic i ty o f organic and susta inably farmed produce, thereby bu i ld ing t rus t among consumers. View Report TOC, F igures and Tables : ht tps: / /www.imarcgroup.com/ai - in-agricul ture-market Breakup by Off ering: • Software • Hardware • AI-as-a-Service • Services Report Breakup by Technology: • Machine Learning Segmentation • Computer Vision • Predict ive Analytics Breakup by Application: • Precis ion Farming • Agriculture Robots • Livestock Monitoring • Drone Analytics • Labor Management • Others Breakup by Region: Report • North America Segmentation • Asia-Pacifi c • Europe • Latin America • Middle East and Afr ica • A.A.A Taranis Visual Ltd. • Ag Leader Technology • AgEagle Aerial Systems Inc. • Bayer AG Competitive • Deere & Company Landscape • Gamaya • Granular Inc. (DuPont de Nemours, Inc.) with Key • International Business Machines Corporation Players • Raven Industr ies Inc. • Trimble Inc. • Oracle Corporation • Wipro Limited What was the size of the global AI in agriculture market in 2023? What is the expected growth rate of the global AI in agriculture market during 2024-2032? What are the key factors driving the global AI in agriculture market? Key What has been the impact of COVID-19 on the global AI Questions in agriculture market? Answered in What is the breakup of the global AI in agriculture market based on the offering? the Report What is the breakup of the global AI in agriculture market based on the technology? What is the breakup of the global AI in agriculture market based on the application? What are the key regions in the global AI in agriculture market? Who are the key players/companies in the global AI in agriculture market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l A I i n A g r i c u l t u r e M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y O f f e r i n g 6 . 1 S o f t w a r e 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 H a r d w a r e 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 A I - a s - a - S e r v i c e 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 6 . 4 S e r v i c e s 6 . 4 . 1 M a r k e t T r e n d s 6 . 4 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y T e c h n o lo g y 7 . 1 M a c h i n e L e a r n i n g 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 C o mp u t e r V i s i o n 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 P r e d i c t i v e A n a l y t i c s 7 . 3 . 1 M a r k e t T r e n d s Table of 7 . 3 . 2 M a r k e t F o r e c a s t8 M a r k e t B r e a k u p b y A p p l i c a t io n 8 . 1 P r e c i s i o n F a r m i n g 8 . 1 . 1 M a r k e t T r e n d s Contents 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 A g r i c u l t u r e R o b o t s 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 L i v e s t o c k M o n i t o r i n g 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 2 M a r k e t F o r e c a s t 8 . 4 D r o n e A n a l y t i c s 8 . 4 . 1 M a r k e t T r e n d s 8 . 4 . 2 M a r k e t F o r e c a s t 8 . 5 L a b o r M a n a g e m e n t 8 . 5 . 1 M a r k e t T r e n d s 8 . 5 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t io n , v i s i t : ht tps : / /www. imarcgroup .com/a i - in -agr icu l ture -market / toc Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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