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MarketersMEDIA / Newsroom / Global Artificial Intelligence in Agriculture Market is expected to reach $1.50 billion by 2027 growing at a CAGR 6.0% during 2018 to 2027.

Global Artificial Intelligence in Agriculture Market is expected to reach $1.50 billion by 2027 growing at a CAGR 6.0% during 2018 to 2027.

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Some of the key players profiled in the Artificial Intelligence in Agriculture Market include IBM, Cainthus Corporation, Connecterra B.V, CropX Inc, Precision Hawk Inc., The Climate Corporation, Trace Genomics, Inc, and Vision Robotics Corporation.

— Increasing crop productivity through deep learning technology, and government support to adopt modern agricultural techniques are the major factors propelling the market growth. However, factors such as high cost of gathering precise field data, and limited availability of historic data are hampering the market growth.

Request for sample here: https://www.strategymrc.com/report/artificial-intelligence-in-agriculture-market/request-sample

Artificial Intelligence in agriculture has various applications ranging from rural automatons, computerized water system frameworks, facial acknowledgment, and driver less tractors. This application is done in a relationship with an alternate sort of sensors, radars, GPS frameworks, other cutting-edge contraptions dependent on AI. Seeing these broad applications, artificial intelligence in agriculture is getting a colossal reaction from investors all around. The increasing utilization and rising necessity of better yield of products are evaluated to be one of the essential points that are fuelling the demand for artificial intelligence in agriculture.

Based on the technology, the computer vision segment is going to have a lucrative growth during the forecast period owing to the increased use for agricultural applications such as plant image recognition and continuous plant health monitoring and analysis. The other factors include higher adoption of robots and drones in agriculture farms and increasing demand for improved crop yield due to the rising population. The computer vision allows farmers and agribusinesses alike to make better decisions in real-time.

Access the complete report at: https://www.strategymrc.com/report/artificial-intelligence-in-agriculture-market

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the wide-scale adoption of AI technologies in agriculture farms in this region. AI is increasingly applied in the agriculture sector in developing countries, such as India and China. The increasing adoption of deep learning and computer vision algorithm for agriculture applications is also expected to fuel the growth of the AI in agriculture market in the Asia Pacific region.

Make an inquiry at: https://www.strategymrc.com/report/artificial-intelligence-in-agriculture-market

Technologies Covered:
• Computer Vision
• Machine Learning
• Predictive Analytics

Deployments Covered:
• Cloud
• Hybrid
• On-Premise

Offerings Covered:
• AI-as-a-Service
• Hardware
• Services
• Software

Applications Covered:
• Agriculture Robots
• Drone Analytics
• Fish Farming Mangement
• Labor Management
• Livestock Monitoring
• Precision Farming
• Smart Green House Management
• Soil Management
• Supply Chain Efficiency

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-artificial-intelligence-in-agriculture-market-is-expected-to-reach-150-billion-by-2027-growing-at-a-cagr-60-during-2018-to-2027/88961380

Source: MarketersMedia

Release ID: 88961380

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