“Artificial Intelligence (AI) in Agriculture”
The latest research study by the IMARC group, “AI in Agriculture Market: Global Industry Trends, Shares, Sizes, Growth, Opportunities and Forecasts 2023-2028” provides a comprehensive analysis of the industry, including insights on global AI in the agriculture industry. The market size he will reach 1.46 billion USD in 2022.In the future, the IMARC Group will USD 5.33 billion by 2028, representing a growth rate (CAGR) of 23.49% between 2023 and 2028.
Artificial intelligence (AI) in agriculture is used to detect diseases of farm pests, plants, and malnutrition. In addition, it helps you monitor water, ambient air, crop health, temperature and harvest time in real time. AI in agriculture can also help farmers use less herbicides, pesticides, and fertilizers, increase on-farm production, minimize menial tasks on the ranch, and lower the cost of producing crops. As a result, AI in agriculture is widely applied to precision farming, livestock monitoring, drone analytics, labor management, and more.
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Market Trends and Drivers of AI in Agriculture:
The increase in the number of agricultural activities and the shift towards automation of animal husbandry tasks such as tillage, tillage, planting, harvesting, and tillage is one of the major drivers of AI in the agriculture market. In addition to this, the integration of artificial intelligence into agricultural applications such as livestock monitoring, smart greenhouses and precision farming to minimize manual intervention and ensure continuous monitoring of crops will drive the growth of the market. It is expanding further. Additionally, the increasing use of agricultural robots will help farmers operate equipment, improve farming precision, increase yield quality and efficiency, and minimize reliance on manual labor. This is also catalyzing the global market. Apart from this, the provision of loans by various financial institutions at low interest rates to producers to purchase innovative agricultural machinery incorporating this technology has acted as another key growth driver. . In addition, government agencies around the world have launched several policies to invest heavily in establishing digital farming infrastructure in rural areas, which is expected to boost AI in the agricultural market in the coming years. It has been.
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Segmentation of the AI in Agriculture Market report:
The competitive landscape of the market is studied in the report along with detailed profiles of the key players operating in the market.
- AAA Taranis Visual Co., Ltd.
- Ag reader technology
- AgEagle Aerial Systems Inc.
- Bayer AG
- Dear & Company
- Granular Inc. (DuPont de Nemours, Inc.)
- International Business Machines Corporation
- raven industries
- Trimble Corporation
- Oracle Corporation and Wipro Limited.
The report divides the market into following categories:
Split by offering:
- AI as a service
Breakdown by technology:
- machine learning
- computer vision
- Predictive analytics
Breakdown by application:
- precision agriculture
- agricultural robot
- livestock monitoring
- drone analysis
- labor management
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- North America: (USA, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, UK, Italy, Spain, Russia, etc.)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- value chain
- Comprehensive mapping of the competitive landscape
If you require specific information not currently included in the report’s scope, it can be provided as part of your customization.
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IMARC Group is a leading market research firm providing strategic management and market research worldwide. We partner with clients across all sectors and geographies to identify the highest-value opportunities, address the most critical challenges, and transform their businesses.
IMARC’s information products include key market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology, and new processing methods are the pinnacle of the company’s expertise.
Company Name: IMARC Group
contact person: Elena Anderson
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