openPR Logo
Press release

Artificial Intelligence in Agriculture Market Hits Milestone - Projected at USD 11.96 Billion By 2032 with a Striking 23.67% CAGR

04-22-2024 01:48 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Artificial Intelligence in Agriculture Market

Artificial Intelligence in Agriculture Market

According to Polaris Market Research predictions, the artificial intelligence in agriculture market size was valued at USD 1.77 billion in 2023. The market is anticipated to grow to USD 11.96 billion by 2032, exhibiting a CAGR of 23.67% during the forecast period.

The globe's population persists in progress, causing a substantial requirement for food production. AI technologies in agriculture engage farmers to improve crop conformity and maximize resource employment to meet the increasing food demands viably.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-in-agriculture-market/request-for-sample

As of mid-November 2022, the global population was positioned at 8.0 billion people. Predictions stipulate that the worldwide population will escalate by roughly 2 billion people in the subsequent three decades from the prevalent 8 billion to 9.7 billion by 2050. Additionally, AI-propelled agricultural technologies permit the application of precision framing techniques and licensing of customized treatment for specific crops and even distinct plants as per their individual needs.

In spite of generating sufficient food to cater to the world's population, approximately 1 billion people yet develop hunger and undernourishment due to food squandering, climate change, and other elements. Luckily, the consolidation of artificial intelligence in agriculture has the possibility to convert food systems and assist convey the global food catastrophe. By comprehending data from manifold sources, AI can assist farmers in rendering data-propelled resolution, maximizing resource utilization, and reduction of environmental influence.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐จ๐ซ'๐ฌ ๐๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ข๐ง๐ 

The market is considerably integrated, with a handful of compact and medium-sized market firms responsible for the bulk of revenue. Prominent players are situating several strategies, joining mergers & acquisitions, deliberating consensus and contracts, advancing, testing, and initiating more production in the artificial intelligence in agriculture market. Some major companies included are:

โ€ข AgEagle Aerial Systems Inc.
โ€ข aWhere Inc.
โ€ข Deere & Company
โ€ข Descartes Labs, Inc.
โ€ข ec2ce
โ€ข GAMAYA
โ€ข Granular, Inc.
โ€ข IBM Corporation
โ€ข Microsoft
โ€ข PrecisionHawk
โ€ข Prospera Technologies
โ€ข Taranis
โ€ข The Climate Corporation
โ€ข Tule Technologies Inc.
โ€ข weLLgo Medical Products GmbH
โ€ข VineView

๐๐ฎ๐ฒ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐•๐ž๐ซ๐ฌ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐๐จ๐ฐ: https://www.polarismarketresearch.com/buy/2885/2

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

โ€ข Increasing Demand for Food Security: With the global population expected to reach nearly 10 billion by 2050, there is a pressing need to boost agricultural productivity. AI helps in achieving higher yields through precision farming and efficient resource management.

โ€ข Labor Shortages: Agriculture sectors in many countries face labor shortages due to urban migration and an aging farmer population. AI-driven robots and automated systems can perform labor-intensive tasks, reducing the reliance on human labor.

โ€ข Climate Change: Changing weather patterns affect crop yields and farming practices. AI can provide farmers with actionable insights through predictive weather analytics and data-driven decision-making tools to adapt to climate variabilities.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข North America dominated the artificial intelligence in the agriculture market owing to the region boasting a gamut of AI requisitions in agriculture, including precision farming, remote sensing, crop observing, predictive logic, and mechanized farming techniques.

โ€ข Population escalation, climate change's influence, and worries over water dearth are the factors pushing the Asia Pacific region towards market expansion.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐“๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ก๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-in-agriculture-market

๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ก๐š๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ญ๐ก๐ž ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž ๐ข๐ง ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง, ๐š๐ง๐ ๐œ๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ:

Artificial Intelligence in Agriculture, Technology Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Computer Vision
โ€ข Machine Learning & Deep Learning
โ€ข Predictive Analytics

Artificial Intelligence in Agriculture, Application Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Precision Farming
โ€ข Agriculture Robots
โ€ข Livestock Monitoring
โ€ข Drone Analytics

Artificial Intelligence in Agriculture, Component Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Services
โ€ข Software
โ€ข Hardware

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Satellite Data Services Market: https://www.polarismarketresearch.com/industry-analysis/satellite-data-services-market

Lease Management Market: https://www.polarismarketresearch.com/industry-analysis/lease-management-market

Video Conferencing Market: https://www.polarismarketresearch.com/industry-analysis/video-conferencing-market

Location-Based Entertainment Market: https://www.polarismarketresearch.com/industry-analysis/location-based-entertainment-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Intelligence in Agriculture Market Hits Milestone - Projected at USD 11.96 Billion By 2032 with a Striking 23.67% CAGR here

News-ID: 3471928 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Rigid Food Packaging Market to Reach USD 354.25 Billion by 2034, Growing at a CAGR of 4.4% from 2025 to 2034
Rigid Food Packaging Market to Reach USD 354.25 Billion by 2034, Growing at a CA โ€ฆ
The quantitative market research report published by Polaris Market Research on Rigid Food Packaging Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Rigid Food Packaging Market size, financial data, and projected future growth. All theโ€ฆ
Global Plasma Processing in Mining Market to Reach USD 4.97 Billion by 2034, Registering 7.4% CAGR from 2026 to 2034
Global Plasma Processing in Mining Market to Reach USD 4.97 Billion by 2034, Reg โ€ฆ
Market Size and Share: The global plasma processing in mining market is estimated to reach approximately USD 2.62 billion in 2025 and is expected to experience steady growth from 2026 to 2034, expanding at a projected CAGR of 7.4% during the forecast period. Polaris Market Research has introduced the latest market research report titled Plasma Processing in Mining Market that highlights the major revenue stream for the forecast period. The report containsโ€ฆ
Polyhydroxyalkanoate (PHA) Market Set to Surpass USD 286.23 Million by 2034, Growing at 9.2% CAGR
Polyhydroxyalkanoate (PHA) Market Set to Surpass USD 286.23 Million by 2034, Gro โ€ฆ
Market Size and Share: The global polyhydroxyalkanoate (PHA) market is valued at approximately USD 129.95 million in 2025 and is expected to witness steady growth from 2026 to 2034, registering a projected CAGR of 9.2% over the forecast period. Polaris Market Research has introduced the latest market research report titled Polyhydroxyalkanoate (PHA) Market that highlights the major revenue stream for the forecast period. The report contains clear, reliable, and thorough market dataโ€ฆ
AI-optimization for Quantum Computing Market Projected to Hit USD 611.87 Million by 2034, Rising at 18.8% CAGR | PsiQuantum, QC Ware, Quantagonia
AI-optimization for Quantum Computing Market Projected to Hit USD 611.87 Million โ€ฆ
The quantitative market research report published by Polaris Market Research on AI-optimization for quantum computing market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, AI-optimization for quantum computing market size, financial data, and projected future growth.โ€ฆ

All 5 Releases


More Releases for Agriculture

Indonesia Agriculture Market, Indonesia Agriculture Industry, Agriculture Grains โ€ฆ
Indonesia is worldโ€™s leading producer of palm oil as well as a leading global producer of other commodities such as rubber, cocoa, and coffee. Indonesia is a rich country in fertile land ideal for growing different ranges of crops for both export & domestic consumption. However, these are export crops that have come to direct land use and employment to take the advantage of peaks in global commodity prices. Inโ€ฆ
Morocco Agriculture Market, Morocco Agriculture Industry, Agriculture Grains Mar โ€ฆ
Morocco is tremendously dependent on its agricultural sector. Moroccan agricultural production consists mainly of potatoes, sugar beet, oranges, wheat, tomatoes, olives, and olive oil. The significance of agriculture sector in the economy of Morocco and other countries is measured as the worth added of the agricultural sector as percent of Gross domestic product (GDP). Agriculture includes hunting, forestry, and fishing, as well as the cultivation of crops & livestock production. Accordingโ€ฆ
Philippines Agriculture Market, Philippines Agriculture Industry, Agriculture Gr โ€ฆ
The Philippines is primarily an agricultural country. Most populace lives in rural areas and support themselves through agriculture. Countryโ€™s agriculture sector is sub-divided into 4 key sub-sectors: fisheries, farming, livestock, and forestry that employ approximately 39.8 % of the labor-force and contribute 20 & of GDP. The fisheries sector is categorized into 3 sub-sectors: municipal, commercial, and aquaculture (cultivation of natural produce of bodies of water). Growing crops for theโ€ฆ
Zimbabwe Agriculture Market, Zimbabwe Agriculture Industry, Agriculture Grains M โ€ฆ
The Agriculture has always been of prodigious importance for Zimbabwe, as feeding the worldโ€™s largest populace is not a convenient task. The Zimbabwe government has been assisting the agriculture industry with a number of policies, exasperating to stabilize the output and seeking manners to ensure the sector is increasing healthily and sustainably. The Zimbabwe federal government has been greatly supportive of agriculture for decades, and there is wide-ranging political consensusโ€ฆ
Colombia Agriculture Market, Colombia Agriculture Industry, Agriculture Dairy Ma โ€ฆ
Agriculture has always been of excessive importance for the Colombia, as feeding the worldโ€™s prime population is not a calm task. The Colombia government has been associating the agriculture industry with a quantity of policies, vexing to stabilise the output and in search of ways to confirm the sector is growing healthily and sustainably. The Colombia federal government has been highly supportive of agriculture for decades, and there is wide-rangingโ€ฆ
Turkey Agriculture Market, Turkey Agriculture Industry, Agriculture Grains Marke โ€ฆ
Turkeyโ€™s agricultural economy is among the highest ten within the world, with half of the country consisting of agricultural land and nearly a quarter of the population utilized in agriculture. Turkey is a major producer of wheat, sugar beets, milk, poultry, cotton, tomatoes and different fruits and vegetables, and is that the high producer within the world for apricots and hazelnuts.ย  As inputs to animal feed for its meat andโ€ฆ