Press release
Global AI in Agriculture Market Booms with 23.1% CAGR Through 2031 | Microsoft, IBM, Granular Inc., AgEagle Aerial Systems Inc., Google LLC, Deere & Company, Cropin Technology Solutions Private Limited
The latest report published by DataM Intelligence highlights the growth prospects of AI in Agriculture market. The industry expansion is majorly driven by developments in technology across the globe.Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/ai-in-agriculture-market?ca
Global AI in Agriculture Market reached US$ 1.7 billion in 2023 and is expected to reach US$ 8.97 billion by 2031, growing with a CAGR of 23.1% during the forecast period 2024-2031.
AI in agriculture involves the use of artificial intelligence technologies to optimize farming practices, enhance crop yields, and reduce resource usage. Through data analysis, machine learning, and automation, AI helps with precision farming, pest control, soil management, and crop monitoring, ultimately promoting sustainability and efficiency in the agricultural sector.
Competitive Evaluation:
Companies covered in this report are Microsoft, IBM, Granular Inc., AgEagle Aerial Systems Inc., Google LLC, Deere & Company, Cropin Technology Solutions Private Limited, Bayer AG, KissanAI, and Niqo Robotics.
The AI in Agriculture Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.
Key Development
In September 2024, Niqo Robotics entered the North American market with the Niqo RoboThinner, an AI-powered spot-sprayer designed to automate lettuce thinning for improved crop uniformity. In July 2024, Taranis launched the Ag Assistant, an AI tool for agriculture retailers and producers, offering insights by analyzing images, text, and audio. Also in July 2024, Cropin Technology introduced Sage, the world's first real-time agri-intelligence platform powered by Google Gemini, offering global agricultural data insights at various scales to help businesses optimize their operations and future-proof supply chains.
Make an Enquiry for purchasing this Report @ https://www.datamintelligence.com/enquiry/ai-in-agriculture-market?ca
AI in Agriculture Market Segments
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Deployment: Cloud, On-Premise
By Technology: Machine Learning, Predictive Analytics, Computer Vision, Others
By Offering: Software, Hardware, Service
By Application: Precision Farming, Drone Analytics, Agriculture Robots, Livestock Monitoring, Labor Management, Others
By Farm Size: Small (Less Than 5 Hectare), Medium (5 -10 Hectare), Large (Above 10 Hectare)
By End-User: Farmers, Agribusinesses, Others
Regional Assessment:
Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for AI in Agriculture market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
In terms of geographical analysis, AI in Agriculture Market report provides an in-depth view of:-
∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies
Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/ai-in-agriculture-market?ca
This report provides a 360-degree synopsis of the competitive scenario of the AI in Agriculture industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Browse More Reports: https://www.datamintelligence.com/research-report/ai-in-agriculture-market
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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