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AI in Agriculture Market Size & Growth Analysis Report, 2021-2027

02-01-2021 11:40 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Orion Market Research

The Artificial Intelligence (AI) market in agriculture is valued at USD 766.41 million in 2020 and is expected to reach USD 2468.02 million by 2026 at a CAGR of 21% over the forecast period from 2021 to 2026. Unmanned tractors are showing trends in the market as follows: Tractors can be steered automatically using GPS-based technology, lift tools off the ground, recognize the boundaries of the farm, and operate remotely using a tablet. A fleet of small automated tractors can increase farmer profits by more than 10% and reduce farm labor costs.

A full report of AI in Agriculture Market is available at: https://www.orionmarketreports.com/artificial-intelligence-ai-in-agriculture-market/23899/

Key Market Players

International Business Machines Corp. (IBM) (US), Deere & Company (John Deere) (US), Microsoft Corporation (Microsoft) (US), Farmers Edge Inc. (Farmers Edge) (Canada), The Climate Corporation (Climate Corp.) (US), ec2ce (ec2ce) (Spain), Descartes Labs, Inc. (Descartes Labs) (US), AgEagle Aerial Systems (AgEagle) (US), and aWhere Inc. (aWhere) (US) are the key players in the AI in agriculture market.

AI in agriculture market segmentation:

Based on technology:

• Machine Learning
• Computer Vision
• Predictive Analytics

Based on offering:

• Hardware
• Software
• AI-as-a-Service
• Services

Based on application:

• Precision Farming
• Agriculture Robots
• Livestock Monitoring
• Drone Analytics
• Labor Management
• Others

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by AI in Agriculture Market Report

• What was the AI in Agriculture Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of AI in Agriculture Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the AI in Agriculture Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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