Artificial Intelligence in Agriculture Market Competitive Growth Analysis, Industry Size, Share, And Forecast

Artificial intelligence is the science and engineering of generating intelligent computer systems capable of replicating or exhibiting human-like intelligence (natural intelligence) and directly executing tasks such as analyzing and making judgments and decisions without human intervention. Artificial intelligence may be found in digital speech assistants in our smartphones or smart speakers, customer service chatbots, and industrial robots. Increasing globalization and increased use of new sophisticated agriculture technology will emerge as important market growth driving factors. Growing demand for high-quality agricultural produce, supporting government policies and measures to encourage advanced farming tools and practices, and broad industrialization will exacerbate market value even more. Increased spending on research and development capabilities, as well as increased use of drones in agricultural fields, will pave the path for market growth.

The Artificial Intelligence in Agriculture Market is Valued USD 2.08 Billion in 2023 and projected to reach USD 5.76 Billion by 2030, growing at a CAGR of 22.55% During the Forecast period of 2024-2032.

Request for Free Sample Copy of this report at:
https://www.marketdigits.com/request/sample/680

The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.

Top companies covered in this report: The Climate Corporation (U.S.), Bayer and Microsoft, Agribotix LLC (U.S.), Tule Technologies Inc (U.S.), Prospera Technologies (Israel), CropX inc. (Israel), Harvest CROO Robotics LLC. (U.S.) and FarmBot (U.S.), Microsoft (U.S.), Corteva, Amazon Web Services Inc. (U.S.), Oracle (U.S.), Google LLC (U.S.), Broadcom (U.S.), Descartes Labs, Inc. (U.S.), Wipro Limited. (India), Deere & Company (U.S.), Granular, Inc. (U.S.), aWhere Inc. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.) and Others.

Industry News:

In March 2024, Corteva launched Corteva Catalyst, an investment and partnership platform focused on agricultural innovations that advance the company's R&D priorities and drive value creation. Corteva Catalyst aims to collaborate with entrepreneurs and innovators to fast-track the advancement of early-stage, groundbreaking technologies that empower farmers to produce food and feed sustainably in greater quantities.

In February 2024, Bayer and Microsoft announced the launch of the Microsoft Azure Data Manager for Agriculture platform and Bayer AgPowered Services. This partnership aims to enhance agricultural productivity through advanced data management and analytics capabilities. The primary goal of this collaboration is to leverage cloud computing and data analytics to improve farming practices.

Artificial Intelligence in Agriculture Market Segmentation:

By Component:
Software
Hardware
Service

By Deployment:
Cloud
On-premise
Hybrid

By Application:
Weather Tracking
Precision Farming
Drone Analytics
Livestock Monitoring
Others

By Technology:
Computer Vision
Predictive Analytics
Machine Learning
Others

Regional Analysis

North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)

Browse Full Report at
https://www.marketdigits.com/artificial-intelligence-in-agriculture-market-1689746603

**We Do Offer Sample of this report. Kindly go through the follow information in order to access the report.

Important Features of the reports:

- Detailed analysis of the Artificial Intelligence in Agriculture Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Artificial Intelligence in Agriculture Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Artificial Intelligence in Agriculture Market performance.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Artificial Intelligence in Agriculture Market.

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Artificial Intelligence in Agriculture Market

How big will the market and growth rate be in 2032?

What are the key drivers for the global Artificial Intelligence in Agriculture Market?
What are the major market trends influencing the growth of the global Artificial Intelligence in Agriculture Market?
What are the challenges for market growth?
Who are the key vendors in the global Artificial Intelligence in Agriculture Market?
What market opportunities and threats are vendors facing in the global Artificial Intelligence in Agriculture Market?
What are the main findings of the five forces analysis of the global Artificial Intelligence in Agriculture Market?

Conclusion: At the end of the Artificial Intelligence in Agriculture Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segmental analysis is also provided in terms of type and application.

About Us

Founded in 2015, MarketDigits Consulting & Advisory Pvt Ltd is a leading business research and consulting firm. Our mission is to empower clients by identifying emerging opportunities and driving revenue growth across industries. We specialize in providing comprehensive market insights, advanced technology solutions, and actionable strategies that support operational and strategic decision-making.

With a focus on the full value chain, our expert team delivers high-quality syndicate research reports, proprietary databases, and consulting services to help clients navigate today's competitive and dynamic business environment. At MarketDigits, we use advanced analysis to uncover profitable opportunities, enabling businesses to make smart decisions and achieve sustainable success.

Contact Us:

+1 510-730-3200 | +1 276-206-2055

sales@marketdigits.com

1248 CarMia Way Richmond

VA 23235, United States

This release was published on openPR.