Press release
Artificial Intelligence (AI) in Agriculture Market to 2023 (21.8% CAGR Expected) Top Player Profiles – IBM, Intel, Microsoft, SAP, Agribotix, The Climate Corporation, Mavrx, and More
The global Artificial Intelligence (AI) in Agriculture market is valued at 240 million USD in 2017 and is expected to reach 790 million USD by the end of 2023, growing at a CAGR of 21.8% between 2017 and 2023.
United States is the largest consumption countries of Artificial Intelligence (AI) in Agriculture in the world in the past few years and it will keep leader position in the next few years. United States market took up about 42.96% the global market in 2017, while Europe was about 22.67%.
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USA is now the key developers of Artificial Intelligence (AI) in Agriculture; most companies are in USA. Others are in Europe, China and India.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Artificial Intelligence (AI) in Agriculture.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers 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 and Cainthus.
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Artificial Intelligence (AI) in Agriculture Market segment by type, covers Machine Learning, Computer Vision and Predictive Analytics. Also, the market segment by applications, can be divided into Precision Farming, Livestock Monitoring, Drone Analytics, Agriculture Robots and others.
Related Report:
Artificial Intelligence as a Service (AIaaS) Market by Technology (Machine Learning, Computer Vision, Natural Language Processing, and Others), Organization Size (Small & Medium Enterprise and Large Enterprise), and Industry Vertical (BFSI, IT & Telecom, Retail, Manufacturing, Public Sector, Energy & Utility, Healthcare, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2025
The global artificial intelligence as a service market size (AIaaS Market size) is expected to reach $77,047.7 million in 2025, from $2,397.2 million in 2017 growing at a CAGR of 56.7% from 2018 to 2025. AIaaS incorporates a range of services that offer AI tools through cloud computing services. Google, IBM, Intel, Microsoft, and Apple Inc. are some of the leading players of the global AIaaS market.
Increased penetration of cloud-based solutions and growth associated with the artificial intelligence and cognitive computing market are the major factors that boost the growth of the AIaaS market. In addition, growth in IT expenditure in emerging nations and technological advancement for workflow optimization fuel the demand for advanced analytical systems driving the artificial intelligence as a service market. However, limited availability of trained professionals is expected to impede the market growth. Furthermore, increase in application areas and growth of IoT are the factors expected to create lucrative growth opportunities for the artificial intelligence as a service market.
Read more: https://www.researchbeam.com/artificial-intelligence-as-a-service-aiaas-market?utm_source=RR-OPR&utm_medium=CC
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