What are the latest innovations of artificial intelligence in agriculture?
According to this study, over the
next five years the Artificial Intelligence (AI) in Agriculture market will
register a 21.8% CAGR in terms of revenue, the global market size will reach
US$ 790 million by 2024, from US$ 240 million in 2019. In particular, this
report presents the global revenue market share of key companies in Artificial
Intelligence (AI) in Agriculture business.
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.
Top Key Players of Artificial
Intelligence in Agriculture -IBM,Intel, Microsoft, SAP, Agribotix, The
Climate Corporation, Mavrx, aWhere, Precision
Hawk, Granular, Prospera Technologies, Spensa
Technologies, Resson, Vision Robotics
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