Press release
Global Artificial Intelligence (AI) In Agriculture Market Is Valued At 242.98 Million USD In 2017
Artificial Intelligence (AI) in Agriculture Market size is being driven by the growing adoption of the robots in agriculture. Increasing consumption and rising requirement of better yield of crops are estimated to be one of the major factors that is fueling the demand of robots in agriculture. Increasing consumption motivates farmers to scale up farming operations and give rise to the requirement of automating farming operations. As the farmers are shifting more towards automation, drones and robots have become integral part of agriculture farms and are enhancing yield and improving the product quality. Since AI is the backbone of robotics, increasing adoption of robots in agriculture is estimated to drive the AI in agriculture market growth.
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Global Artificial Intelligence (AI) in Agriculture Market: Forecast by Type / Application / Region
The major players in global and China Artificial Intelligence (AI) in Agriculture market, including: 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, Cainthus.
On the basis of product, the Artificial Intelligence (AI) in Agriculture market is primarily split into: Machine Learning, Computer Vision, Predictive Analytics.
On the basis on the end users/applications, this report covers:, Precision Farming, Livestock Monitoring, Drone Analytics, Agriculture Robots, Others.
Artificial Intelligence (AI) in Agriculture is mainly used for three applications: Precision Farming, Livestock Monitoring, Drone Analytics, Agriculture Robots, Others. And Precision Farming was the most widely used area which took up about 34.60% of the global total in 2017. However, in the future, Agriculture Robots will occupy more share.
The global Artificial Intelligence (AI) in Agriculture market is valued at 242.98 million USD in 2017 and is expected to reach 1098.51 million USD by the end of 2025, growing at a CAGR of 20.75% between 2017 and 2025. Overall, the market is positive, with more small companies appearing.
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%.
USA is now the key developers of Artificial Intelligence (AI) in Agriculture; most companies are in USA. Others are in Europe, China and India.
IBM, Granular, John Deere, The Climate Corporation and Vision Robotics are the key suppliers in the global Artificial Intelligence (AI) in Agriculture market. Top 5 took up about 49.60% of the global market in 2017.
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Related Information:
United States Artificial Intelligence (AI) in Agriculture Market 2018 Forecast to 2023
Europe Artificial Intelligence (AI) in Agriculture Market 2018 Forecast to 2023
North America Artificial Intelligence (AI) in Agriculture Market 2018 Forecast to 2023
Asia-Pacific Artificial Intelligence (AI) in Agriculture Market 2018 Forecast to 2023
China Artificial Intelligence (AI) in Agriculture Market 2018 Forecast to 2023
EMEA Artificial Intelligence (AI) in Agriculture Market 2018 Forecast to 2023
Global Artificial Intelligence (AI) in Agriculture Market 2018 Forecast to 2023
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