New York City, NY, January 31, 2018/24 Market Reports: Global Artificial Intelligence in Agriculture Market industry valued approximately USD 432.2 million in 2016 is anticipated to grow with a healthy growth rate of more than 22.5% over the forecast period 2017–2025. The major factors driving the growth of the AI in Agriculture Market include the growing demand for Agriculture Production owing to the increasing population, rising adoption of Information Management System and new, advanced technologies for improving crop productivity.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:
Technology:
- Predictive Analytics
- Machine Learning
- Computer Vision
Application:
- Drone Analytics
- Precision Farming
- Livestock Monitoring
- Agriculture Robots
- Others
Offering:
- Software
- Hardware
- Service
- AIasaservice
Regions:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Rest of the World
Furthermore, the years considered for the study are as follows:
- Historical year?—?2015
- Base year?—?2016
- Forecast period?—?2017 to 2025
Some of the key manufacturers involved in the market are John Deere, IBM, Agribotix, Microsoft, The Climate Corporation, Prospera, Spensa Technologies, Resson, Vision Robotics. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also strategies adopted by the major players. The companies are also trying to dominate the market by investing in research and development.
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