Artificial Intelligence Market in Agriculture

The most significant factor driving the demand for artificial intelligence in agriculture sector is the continuous surge in demand for agriculture robots, globally. This growth in demand is attributed to relative reduction in the average available agricultural workforce. Agriculture robots are expected to replace human labour and help overcome the scarcity of physical labour in near future. The trend toward digital agriculture and new farming technologies has opened up new growth opportunities. 

According to a report by the United Nations (UN), the global population is expected to reach nearly nine billion people by 2050. This indicates a significant increase in agricultural production to meet the growing demand for food, globally. Also, it has led to development of new technologies, such as artificial intelligence, in agriculture. Agriculture industry demands new and innovative technologies to face and overcome the growing challenge of meet the increasing demand for food. Artificial intelligence is one of the promising technologies of recent times, which is capable of catering to the ongoing food demand from the agriculture sector through increased production. 

Some of the major players in artificial intelligence market in agriculture are IBM Corporation, Microsoft Corporation, Google Inc., NVIDIA Corporation, Intel Corporation, Sentient Technologies, and Numenta Inc.

Global Artificial Intelligence Market in Agriculture 

By Solution

• Crop Monitoring
• Automated Irrigation
• Ai-Guided Drone

By Type

• Product

o Hardware
o Software

• By Service

o Installation
o Training
o Support and Maintenance

By Geography

• North America

o The U.S.
o Canada

• Europe

o The U.K.
o Germany
o France
o Rest of Europe

• Asia-Pacific

o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific

• Rest of the World (RoW)

o Mexico
o Brazil
o Rest of RoW