Press release
AI In Agriculture Market 2020 - Technological Evolution & Future Opportunities Forecast to 2025
AI in Agriculture Market
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On the other hand, Asia Pacific is anticipated to experience high growth rate during the forecasted period owing to the increasing demand from developing countries such as India and China. Furthermore, increasing adoption of the robotics and IoT devices in agriculture is also estimated to drive the AI in agriculture market.
Some of the vendors of AI in agriculture market are John Deere, Iteris, Trimble, Farmlogs, Agworld, AGCO, Granular, Gamaya, aWhere, Hortau, Pycno,Agrosmart, Grownetics, Scicorp, and Raven Industries. Vendors are adopting market strategies such as collaboration, acquisitions, R&D, product launch, and geographical expansion.
In field monitoring, crop and soil management, robots and predictive analytics are some of the major applications of the AI in agriculture.
Predictive analytics is estimated to be one of the fastest growing application during the forecast period. This technology assist farmers in enhancing their crop yield and product quality by analyzing and correlating large amount of structured and unstructured data from multiple sources to extract actionable insights to enhance yield.
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Methodology used in this report: -
Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the AI in agriculture market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
• Definition and scope of research
• market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data
All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive AI in agriculture market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.
Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:
• Leadership figures such as CEOs, CSOs, VPs etc. in key companies
• Supply-chain participants, distributors and domain experts
• Key customers and B2B clients
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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