Artificial Intelligence (AI) in Agriculture Market to Grow at a Stayed CAGR from 2018 to 2023
Date: 2019-02-14   Author: Partha Ray  Category: #industry

Artificial Intelligence (AI) in Agriculture Market to Grow at a Stayed CAGR from 2018 to 2023

Market Study Report newly added the Global Artificial Intelligence (AI) in Agriculture Market Report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, and forecast in the coming years.

Artificial Intelligence (AI) in Agriculture Market size is being driven by the growing adoption of the robots in agriculture. Increasing consumption and rising requirement of better yield of crops are estimated to be one of the major factors that is fueling the demand of robots in agriculture. Increasing consumption motivates farmers to scale up farming operations and give rise to the requirement of automating farming operations. As the farmers are shifting more towards automation, drones and robots have become integral part of agriculture farms and are enhancing yield and improving the product quality. Since AI is the backbone of robotics, increasing adoption of robots in agriculture is estimated to drive the AI in agriculture market growth.

Request a sample Report of Artificial Intelligence (AI) in Agriculture Market at: https://www.marketstudyreport.com/request-a-sample/1221370?utm_source=Algosonline.com&utm_medium=AN

United States is the largest consumption countries of Artificial Intelligence (AI) in Agriculture in the world in the past few years and it will keep leader position in the next few years. United States market took up about 42.96% the global market in 2017, while Europe was about 22.67%.

USA is now the key developers of Artificial Intelligence (AI) in Agriculture; most companies are in USA. Others are in Europe, China and India.

The global Artificial Intelligence (AI) in Agriculture market is valued at 240 million USD in 2017 and is expected to reach 790 million USD by the end of 2023, growing at a CAGR of 21.8% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Artificial Intelligence (AI) in Agriculture.

Questions answered in the report with respect to the competitive hierarchy of the Artificial Intelligence (AI) in Agriculture market:

  • As per the report, what are the companies that are encompassed in the competitive landscape of the Artificial Intelligence (AI) in Agriculture market?
  • Which among these companies – IBM, Intel, Microsoft, SAP, Agribotix, The Climate Corporation, Mavrx, aWhere, Precision Hawk, Granular, Prospera Technologies, Spensa Technologies, Resson, Vision Robotics, Harvest Croo Robotics, CropX, John Deere, Gamaya and Cainthus, has been touted to emerge as the most lucrative investment hub in this market?
  • How much share do each of these firms procure in the Artificial Intelligence (AI) in Agriculture market?
  • What are the principal products manufactured by these companies in the industry?
  • What are the gross margins and price trends of each firm in the market?

Questions answered in the report with respect to the regional expanse of the Artificial Intelligence (AI) in Agriculture market:

  • Which among the regions of North America, Europe, Asia-Pacific, South America & Middle East and Africa is likely to accrue the maximum market share?
  • What are the sales and revenue statistics of each of the geographies in question?
  • How much is the present valuation of each region and what will the forecast revenue of each place be pegged at
  • What is the projected growth rate touted to be recorded by each of the geographies in Artificial Intelligence (AI) in Agriculture market?

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Questions answered in the report with respect to the market segmentation and more:

  • Which among the types of Machine Learning, Computer Vision and Predictive Analytics is slated to amass the maximum returns in the Artificial Intelligence (AI) in Agriculture market?
  • What is the market share of each type in the industry?
  • What is the revenue and sales estimate of each of the product types in question by the end of the anticipated timeframe?
  • Which application among Precision Farming, Livestock Monitoring, Drone Analytics, Agriculture Robots and Others is touted to be the most lucrative segment in the + market?
  • How much is the market share of every application segment in this business vertical?
  • How much is the revenue that each application is likely to procure by the end of the projected period?

The Artificial Intelligence (AI) in Agriculture market study, in a nutshell, is comprised of an extensive analysis of this industry vertical that focuses on the regional terrain of this market and a slew of other deliverables such as insights with respect to market share, revenue projection, sales volume, market concentration rate as well as the market competition trends. Further, the report incorporates information regarding the sales channels adopted by myriad vendors in a bid to ensure the most convenient manner of product marketing. Details with regards to the contribution of traders & distributors in the supply chain are elucidated in the study as well.

For More Details On this Report: https://www.marketstudyreport.com/reports/global-artificial-intelligence-ai-in-agriculture-market-2018-by-manufacturers-countries-type-and-application-forecast-to-2023

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About Author


Partha Ray

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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