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Global Artificial Intelligence in Agriculture Market Market By Application Precision Farming, Agriculture Robots, By Offering Hardware, Software and Market Key Players Agribotix (U.S), IBM (U.S), Deere & Company (U.S), aWhere Inc. (U.S), and Pycno Agricul

10-09-2018 06:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Genesis market insights

Artificial Intelligence in Agriculture

Artificial Intelligence in Agriculture

The global artificial intelligence of the agricultural market in 2017 was US $ 478 million. The global artificial intelligence of the agricultural market is estimated to grow to a CAGR of 21.3% by 2018, reaching $ 153.3 million by 2023. Asia Pacific has the highest market share in 2017 and is considered the fastest-growing market during the forecast period. The main markets in the Asia Pacific region are China, Australia, India and Japan, with significant market share in 2017 and expected to grow steadily over the next few years. Increased adoption of in-depth learning and computer vision technologies for rural applications has become a major driver of APAC's market growth.

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Markets are segmented by application, offering and region. Depending on the application, it is divided into precision agriculture, agricultural robots and other fields. In 2017, the Precision Farming division achieved the highest sales in the world market. Over the last two decades precision agriculture has successfully transitioned from academic research topics to beneficial practices in the agricultural sector.

According to the criteria of the offering, the market is classified as hardware, software and services. Of these, the software sector maintained its largest market size in 2017. The market for the software sector is the integration of mobile technology and agricultural technology, the use of artificial intelligence software to improve farm efficiency, real-time data management system.

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The research objectives of this report are as follows.
1) Analyze and study AI (AI) in Agricultural Sales, Value, Position (2013-2017) and Forecast (2018-2025).
2) Focus on the major AI of an athlete to study future sales, value, market share and development plans.
3) Focus on global leading manufacturers to define, describe and analyze market competition, SWOT analysis.
4) Define, describe and forecast markets by type, application area and region.
5) Analyze market potentials and advantages, opportunities and challenges, constraints and risks.
6) Strategically analyze each sub-market in terms of individual growth trends and market contributions
7) Competitive development analysis such as market expansion, contracts, new product launches and acquisitions
8) Strategically profile the major players and analyze their growth strategies comprehensively.

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Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

• Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
• Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
• To avoid bias, we filter the collected data collected from authenticated sources.
• GMI has a well proven Statistical Modeling System for estimates and forecasts.
• Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
• Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

About:
Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making. Genesis provides strategic plan for project execution and any operational support to help them grow their revenues. Company have faith on us to find new revenue streams, and minimizing market risks. We have accomplished our proficiency by being present in the world's 130+ most promising markets for over 20 years.

Contact Us
Genesis Market Insights
902 Broadway, 6th Floor,
New York, NY 10010,
USA
T: (212) 634-4560
Email: info@genesismarketinsights.com
Website: www.genesismarketinsights.com

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