Press release
AI in Agriculture Market Outlook to 2025 - IBM, Microsoft Corporation, Descartes Labs, Deere & Company, Granular, aWhere, The Climate Corporation¸ Agribotix LLC, Tule Technologies, Prospera, Mavrx Inc., Cropx, Harvest Croo, Farmbot, Trace Genomics, Other
AI in Agriculture 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
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.
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Some of the major players in global AI in agriculture market are:
• IBM
• Microsoft Corporation
• Descartes Labs
• Deere & Company
• Granular
• aWhere
• The Climate Corporation
• Agribotix LLC
• Tule Technologies
• Prospera
• Mavrx Inc.
• Cropx
• Harvest Croo
• Farmbot
• Trace Genomics
• Spensa Technologies Inc.
• Resson
• Vision Robotics
• Autonomous Tractor Corporation
• Among others.
Market Definition: Global AI in Agriculture Market
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.
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.
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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
Market Restraint:
• High Cost involved during precise field data collection.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
The report provides insights on the following points:
1. Learn about the market strategies that are being adopted by your competitors and leading organizations
2. Market Penetration: Comprehensive information on the product portfolios of the top players in the trocars market
3. To gain insightful analyses of the market and have a comprehensive understanding of the “AI in Agriculture” and its commercial landscape
4. To understand the future outlook and prospects for Global AI in Agriculture Market analysis and forecast 2018-2025.
5. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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