Artificial Intelligence (AI) in Agriculture Market by Component,Technology, Region & Comprehensive Analysis of the Development Factors in the Industry 2025
April 15, 2021 at 02:18 AM EDT
The global Artificial Intelligence (AI) in Agriculture Market is projected to reach USD 186 billion by 2025 and the report covers various factors and trends influencing the market growth during the forecast period.
Dallas, United States - April 15, 2021 /MarketersMedia/ —
The global AI in agriculture market size is anticipated to reach at USD 186 billion by 2025. The artificial intelligence in agriculture could experience a strong push due to growing research and development activities. The research and development initiatives in the agriculture for modernization have widely increased for the agriculture applications. The important factor driving the Artificial Intelligence Agriculturemarketis its safe use. The safe for use tag of artificial intelligence in number of agriculture applications is authorized by agencies across the world.
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The major players of the global AI in agriculture solution market are IBM, Deere & Company, AgEagle Aerial Systems, Microsoft, The Climate Corporation, Granular, Prospera Technologies, Taranis, aWhere, Descartes Labs, Tule Technologies, and more.
Due to the favorable business initiatives by the government and technology advancements, the countries such as North America, South America, APAC countries, BRICS nations and more are expected to witness a rapid growth in the next few years. For instance, the North American region has given a huge boost to the manufacturing operation leading to invent artificial intelligence products and machinery in the market. Besides, APAC nations, BRICS countries and others are expected to expand their manufacturing capacity or bring into operation new manufacturing units in the region and abroad in the coming years.
The application area classifies the Artificial Intelligence Agriculturemarketinto several categories. Among all segments precision farming segment predicts more growth in the Artificial Intelligence in Agriculturemarketin terms of market size in the forecast period 2022-2027. The growth in this application segment has boosted the customer base of the products and services worldwide.On a geographical front, the countries like US, Canada, Spain enjoy the leading position in the Artificial Intelligence in Agriculturemarket. The industrial infrastructure is improved in its region. Also, it is favorable for the countries to easily reach out to consumer markets. As a result, these improvements have engaged various manufacturers in the region. Other prominent countries are Brazil, Switzerland, and Others.
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The key manufacturers in the Artificial Intelligence agriculture market are, AgEagle Aerial Systems (AgEagle), Descartes Labs, ec2ce, The Climate Corporation, The Farmers Edge, Microsoft Corporation,Deere & Company, International Business Machines Corp., among others. Among all the leading manufacturers, the Deere & Company is dominating the Artificial Intelligence agriculture market. The company has enhanced the product efficiency at various levels. Moreover, the company has collaborated with different firms to bring innovation and offer advanced technology embedded systems to the agriculture field. The company has adopted merged with other players in the market and has undergone acquisitions. These are some key business activities and important strategies of the company to boost its market position in the Artificial Intelligence agriculture market. The precision farming applications is the field that the company has launched most of its products.
Segment Overview of Global AI in Agriculture Market
Regional Overview, 2018-2025 (USD Billion)
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