Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.4 Billion | USD 7.1 Billion | 22.5% | 2022 |
FrequentlyAsked Questions
In the field of agriculture, artificial intelligence (AI) has become a disruptive force that is completely changing how farming and associated tasks are carried out. AI tools like data analytics, computer vision, and machine learning are being used to overcome these obstacles and realize the full potential of agriculture.
The Agriculture AI market is driven by several factors including growing labor costs, rising technological advancements, rising funding, growing product launch, increasing demand for food and many others.
According to the report, the global market size was worth around USD 1.4 billion in 2022 and is predicted to grow to around USD 7.1 billion by 2030.
The global Agriculture AI market is expected to grow at a CAGR of 22.5% during the forecast period.
The global Agriculture AI market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the growing investment.
The global Agriculture AI market is dominated by players like The Climate Corporation, IBM Corporation, Microsoft, AgEagle Aerial Systems Inc. Deere & Company, Granular, Inc., Descartes Labs, Inc., aWhere Inc., Prospera Technologies, Taranis, GAMAYA, PrecisionHawk, ec2ce, VineView and Tule Technologies Inc. among others.
The Agriculture AI market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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