Databridgemarketresearch.com has new research report on the Global AI in Agriculture Market. The Global AI in Agriculture Market is growing continuously and expected to grow healthy CAGR by Forecast year 2025.
Pune, India -- (SBWIRE) -- 08/16/2018 -- The global AI in agriculture market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Global AI in Agriculture Market By Offering (Hardware, Software, Service, AI-As-A-Service), By Technology (Predictive Analytics, Machine Learning, Computer Vision), By Application (Livestock Monitoring, Precision Farming, Agriculture Robots, Livestock Monitoring, Drone Analytics), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) Industry Trends and Forecast to 2025
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Some of the major players in global AI in agriculture market are -
IBM, Microsoft Corporation,
Deere & Company,
The Climate Corporation¸
Spensa Technologies Inc.,
Autonomous Tractor Corporation,
The Global AI in Agriculture Market accounted for USD 432.5 million in 2017 and is projected to grow at a CAGR of 22.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Artificial Intelligence (AI) in agriculture is utilization of cognitive technologies that helps in learning, reasoning, understanding and interacting, which in result increases the efficiency. It offers various advantages such as Image recognition and insight, chatbots for farmers, help IoT achieve its maximum potential and determine the best options to maximize return on crops.
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Major Market Drivers:
- Increasing adoption of new advanced technologies and IMS
- Rising demand for agricultural production
- Government support and initiatives for the adoption of modern agricultural techniques
- Maximizing crop productivity along with the implementation of various techniques
- Increasing use of drones in agricultural farms
- High Cost involved during precise field data collection.
- On the basis of offering, the global AI in agriculture market is segmented into hardware, software, service, AI-As-A-Service. Hardware is sub segmented into network, storage device and processor. Software is sub segmented into AI Platform and AI Solution. Service is sub segmented into support and maintenance and deployment and integration.
- On the basis of technology, the global AI in agriculture market is segmented into predictive analytics, machine learning and computer vision.
- On the basis of application, the global AI in agriculture market is segmented into livestock monitoring, precision farming, agriculture robots, livestock monitoring, drone analytics and others. Precision farming is sub segmented into yield monitoring, crop scouting, weather tracking and forecasting, field mapping and irrigation management. Others are sub segmented into smart greenhouse applications, fish farming application and soil management. Soil Management is further sub segmented into nutrient monitoring and moisture monitoring.
- On the basis of geography, the global AI in agriculture market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Key Questions Answered in Global AI in Agriculture Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global AI in Agriculture Market in 2025?
- What are the key factors driving, Analysis by Applications and Countries Global AI in Agriculture Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global AI in Agriculture Market?
- Who are Opportunities, Risk and Driving Force of Global AI in Agriculture Market?
- Who are the opportunities and threats faced by the vendors in Global AI in Agriculture Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global AI in Agriculture Market opportunities, market risk and market overview of the Market?
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