Artificial Intelligence (AI) in Agriculture Market 2018: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2023

Market Study Report recently introduced new title on “2018-2023 Global Artificial Intelligence (AI) in Agriculture Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2023.

 

This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Intelligence (AI) in Agriculture Market by product type, application, key manufacturers and key regions. Over the next five years, Artificial Intelligence (AI) in Agriculture Market will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

 

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report IBM Intel Microsoft SAP Agribotix The Climate Corporation Mavrxa Where Precision Hawk Granular

 

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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.

 

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.

 

Over the next five years projects that Artificial Intelligence (AI) in Agriculture will register a 21.8% CAGR in terms of revenue, reach US$ 790 million by 2023, from US$ 240 million in 2017.

 

This report presents a comprehensive overview, market shares and growth opportunities of Artificial Intelligence (AI) in Agriculture market by product type, application, key companies and key regions.

 

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Segmentation by product type:

Machine Learning

Computer Vision

 

Segmentation by application:

 

Precision Farming

Livestock Monitoring

Drone Analytics

Agriculture Robots

Others

 

Research objectives:

 

To study and analyze the global Artificial Intelligence (AI) in Agriculture market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

 

To understand the structure of Artificial Intelligence (AI) in Agriculture market by identifying its various subsegments.

 

Focuses on the key global Artificial Intelligence (AI) in Agriculture players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

 

To analyze the Artificial Intelligence (AI) in Agriculture with respect to individual growth trends, future prospects, and their contribution to the total market.

 

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

 

To project the size of Artificial Intelligence (AI) in Agriculture submarkets, with respect to key regions (along with their respective key countries).

 

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

 

To strategically profile the key players and comprehensively analyze their growth strategies.

 

More Report At: http://www.openpr.com/news/archive/144590/marketstudyreport-com.html

 

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Posted by on Saturday October 20 2018, 2:15 PM EST. All trademarks acknowledged. Filed under Agriculture, Featured Press Release, Robotics, Technology Hardware & Equipment. Comments and Trackbacks closed. Follow responses: RSS 2.0

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