Press release
AI In Precision Farming: Soaring Market Size with Impressive 20.3% CAGR, Propelled by Advanced Algorithms and Food Production Demand
AI In Precision Farming Market
What Is The Projected Market Size Of The Global AI In Precision Farming Global Market Report 2025 And Its Growth Rate?
The AI in precision farming market has seen prolific growth over the years and shows promising future prospects:
- The market will grow from $0.78 billion in 2024 to $0.94 billion in 2025, boasting an impressive compound annual growth rate (CAGR) of 20.3%.
- Major contributing factors to this historic period growth include the evolution of AI algorithms, increasing demand for food production, cost reduction, environmental sustainability, and government support and subsidies.
- By 2029, the AI in precision farming market size is predicted to surge to $1.95 billion at a steady compound annual growth rate (CAGR) of 20.0%.
- This prospective growth can be tied to factors like increasing adoption of IoT devices, rising environmental concerns, growing demand for sustainable agriculture, a shift towards smart farming systems, and an amplified demand for quality and traceability.
What Is Driving The Growth In The AI In Precision Farming Global Market Report 2025?
Limited arable land is fueling the AI in precision farming market growth. Arable lands, suitable for crop cultivation, are becoming scarcer due to encroaching urbanization, soil degradation, and climate change. AI in precision farming addresses these challenges by optimizing resource usage and enhancing crop productivity through data-driven decisions and targeted interventions. As per the United States Department of Agriculture, the average value of farm real estate in the United States reached $3,800 per acre in 2022, reflecting a surge of $420 per acre, or 12.4 percent, compared to 2021. The average value of cropland also increased by $630 per acre, or 14.3 percent, from the previous year. Therefore, the limited availability of arable land is a driving factor for the growth of the AI in precision farming market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15107&type=smp
Who Are the Key Players Driving AI In Precision Farming Global Market Report 2025 Growth?
Prominent players leading the innovation in the AI in precision farming market include:
- Microsoft Corporation
- Robert Bosch GmbH
- Intel Corporation
- International Business Machines Corporation
- Bayer AG
- Deere & Company
- SAP SE
- Yara International ASA
- DTN LLC
- FarmWise Labs Inc.
- Taranis Visual Ltd.
- Blue River Technology Inc.
- Agworld Inc.
- Ceres Imaging Inc.
- PrecisionHawk Inc.
- FarmLogs Inc.
- Prospera Technologies Ltd.
- Arable Labs Inc.
- Agribotix LLC
- Resson Aerospace Corporation
What Are The Key Trends In The AI In Precision Farming Global Market Report 2025?
Trends shaping the future of AI in precision farming include:
- Integration with robotics
- Development of tools for crop monitoring
- Adoption of AI for supply chain optimization
- Emergence of technology-driven precision irrigation systems
- Emergence of decision support systems
What Are The Segments Of The Global AI In Precision Farming Global Market Report 2025?
The AI in precision farming market is categorized based on the following segments:
1) Type: Machine Learning, Computer Vision, Other Types
2) Offering: Hardware, Software, AI-as-a-Service, Service
3) Application: Experimental Study, Farm Management, Private Planting, Other Applications
Which Region Leads The AI In Precision Farming Global Market Report 2025?
North America dominated the AI in precision farming market in 2024, while Europe is expected to witness the fastest growth. The global report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/ai-in-precision-farming-global-market-report
What Is Covered In The AI In Precision Farming Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the AI In Precision Farming Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AI In Precision Farming Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AI In Precision Farming Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AI In Precision Farming Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=15107&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 AI In Precision Farming: Soaring Market Size with Impressive 20.3% CAGR, Propelled by Advanced Algorithms and Food Production Demand here
News-ID: 3845811 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Farm
Agritourism Market Future Business Opportunities 2025-2032 | Field Farm Tours Li …
The Agritourism market is estimated to be valued at USD 9.19 Bn in 2025 and is expected to reach USD 19.82 Bn by 2032, growing at a compound annual growth rate (CAGR) of 11.6% from 2025 to 2032.
The Latest research study released by Coherent Market Insights on the Agritourism Market Size, Share & Trends Forecast 2025-2032 with 150+ pages of analysis on business strategy taken up by key and emerging…
Agritourism Market Future Business Opportunities 2025-2032 | Field Farm Tours Li …
Agritourism Market is in trends by Sustainable Travel Demand
Market Overview
With the rising consumer appetite for authentic rural experiences, agritourism has emerged as a lucrative avenue blending agriculture and tourism. Agritourism products include farm stays, vineyard tours, agricultural workshops, farm-to-table dining, and hands-on harvesting activities that offer immersive experiences beyond conventional travel. These offerings deliver multiple advantages: they diversify revenue streams for farm owners, bolster rural economies, promote sustainable farming practices,…
Agritourism Market Is Booming Worldwide 2025-2032 | Field Farm Tours Limited , F …
This report on the Agritourism Market offers an comprehensive analysis of the current trends, Market size, and projections up to 2032. Combining qualitative and quantitative insights, the report covers key trends, challenges, opportunities, Market size, growth forecasts, and recent developments. It also evaluates government policies, Market dynamics, cost structures, and the competitive landscape, while highlighting emerging advancements and future growth potential. The report further highlights year-over-year growth rates and calculates…
Agritourism Market Set to Witness Significant Growth by 2024-2031 |Field Farm To …
The research report on the Agritourism Market provides an in-depth analysis of the industry's current state and projected growth from 2024 to 2031. It presents key statistics, trends, and market dynamics that not only clarify the existing landscape but also highlights factors driving market growth and the challenges that may impede progress.. The report also identifies emerging trends and untapped opportunities that can help businesses capitalize on growth areas. The…
Agritourism Market Hits New High | Big Giants Australian Agritourism, Field Farm …
HTF MI recently introduced Global Agritourism Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Agritourism World, Select Holidays, Expedia, Airbnb, Farm Stay USA, Ranchweb, Harvest Hosts, Ruralis, Field…
Agritourism Market Size May See A Big Move | Bay Farm Tours, Blackberry Farm, LL …
The agritourism market size was valued at $42,460.3 million in 2019, and is estimated to reach $62,982.6 million by 2027, registering a CAGR of 13.4% from 2021 to 2027. Agritourism activities are becoming vital component of many farm operations. These activities find great potential to increase the revenue of the farmers without hampering the existing farm revenue. Most of the agriculturist are adopting the Agritourism as agriculture allied business and…
