The report covers all vital and important information related to Artificial Intelligence in Agriculture market to help readers, investors, clients to gain a thorough understanding of the market and invest accordingly. The Artificial Intelligence in Agriculture Market report offers a comprehensive overview of the market along with details about market size, market share, revenue growth, and top companies. Various advanced statistical tools such as SWOT analysis or Porter’s Five Forces are used in the report.
The Artificial Intelligence (AI) in agriculture market size reached USD 1.70 Billion in 2021 and is expected to register a revenue CAGR of 27.0% during the forecast period to a latest analysis by Emergen Research. The increasing implementation of data generation through sensors is a key factor driving revenue growth of the market. Precision agriculture is one type of farm management strategy that can assist farmers in producing more crops with fewer resources. The next big thing in farming may be AI-powered precision agriculture. To assist farmers to maximize yields and cut costs, precision farming combines the best soil management techniques, variable rate technologies, and the most efficient data management processes. Farmers may identify fields that require irrigation, fertilizer, or pesticide application by using real-time insights from AI. Additionally, innovative farming techniques such as vertical agriculture may assist boost food production while using fewer resources. Herbicide use is reduced, harvest quality is improved, earnings are increased, and there are significant cost savings as a result.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Microsoft Corporation, Descartes Labs, Inc., Gamaya Inc., Precision Hawk, Connecterra B.V, Autonomous Tractor Corporation, Taranis, IBM Corporation, Granular Inc., and VineView
Research Report on the Artificial Intelligence in Agriculture Market Addresses the Following Key Questions:
- Who are the dominant players of the Artificial Intelligence in Agriculture market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Artificial Intelligence in Agriculture market?
- What are the key growth drivers and restraining factors of the Artificial Intelligence in Agriculture market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Artificial Intelligence in Agriculture market and its key segments?
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Market Segmentations of the Artificial Intelligence in Agriculture Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Artificial Intelligence in Agriculture market on the basis of product, application, and region:
Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019-2030)
- Hardware
- Software
Technology Outlook (Revenue, USD Billion; 2019-2030)
- Machine Learning Deep Learning
- Computer Vision
- Predictive Analysis
Application Outlook (Revenue, USD Billion; 2019-2030)
- Precision Farming
- Drone Analytics
- Agriculture Robots
- Others
Regional Outlook:
- North America (the U.S., Canada, Mexico)
- Europe (the U.K., Germany, France, Italy)
- Asia Pacific (India, China, Japan, Korea)
- Latin America (Brazil, Argentina, Ecuador, Chile)
- Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
In conclusion, the Artificial Intelligence in Agriculture Market report is an exhaustive database that will help readers formulate lucrative strategies. The Artificial Intelligence in Agriculture Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Artificial Intelligence in Agriculture market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Artificial Intelligence in Agriculture with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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