The latest research report by Emergen Research, named ‘Global Artificial Intelligence in Agriculture Market - Forecast to 2030’, entails a comprehensive review of the global Artificial Intelligence in Agriculture market’s present and future trends. The study compiles useful data on the most well-known market participants, sales and distribution channels, regional spectrum, anticipated market share and size, and revenue projections for the anticipated period. The research includes a thorough examination of this industry and concentrates on the market's overall compensation over the anticipated time frame. The global economy is under attack from the health crisis, which has disrupted the operation of this specific industry. The market intelligence study examines the global market share, projected growth rate, anticipated market trends, entry-level obstacles, fundamental market drivers, restraints, challenges, and opportunities in greater detail. The report clearly defines the Artificial Intelligence in Agriculture market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Artificial Intelligence in Agriculture industry.
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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Leading companies profiled in the report:
Microsoft Corporation, Descartes Labs, Inc., Gamaya Inc., Precision Hawk, Connecterra B.V, Autonomous Tractor Corporation, Taranis, IBM Corporation, Granular Inc., and VineView
- The report closely studies the growth trajectory of the global Artificial Intelligence in Agriculture market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
To learn more details about the Global Artificial Intelligence in Agriculture Market report, visit @ https://www.emergenresearch.com/industry-report/artificial-intelligence-in-agriculture-market
This report is the latest document encompassing the massive changes that took place in the Artificial Intelligence in Agriculture market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Artificial Intelligence in Agriculture market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
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
Unfolding the prime factors prompting global market growth:
- The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Artificial Intelligence in Agriculture market into a broad product spectrum.
- The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
- A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
Elucidating the competitive landscape of the Global Artificial Intelligence in Agriculture Market:
- The global Artificial Intelligence in Agriculture market report offers viable insights into the competitive spectrum of the Artificial Intelligence in Agriculture business sphere.
- The report systematically profiles the company information of each market player.
- It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
- The study showcases the extensive product portfolios of the prominent market contenders.
- It offers critical data information about the product application scope and the end-user landscape.
- The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.
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