AI in Agriculture Market by Technology (Machine Learning, Computer Vision, Predictive Analytics), Offering, Application (Precision Farming, Drone Analytics, Agriculture Robots, Livestock Monitoring), Offering, and Geography - Global Forecast to 2025

  • ID: 4437547
  • Report
  • Region: Global
  • 165 Pages
  • Markets and Markets
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AI in agriculture market worth 2,628.5 Million USD by 2025

FEATURED COMPANIES

  • Agribotix
  • Cropx
  • Farmbot
  • IBM
  • Precision Hawk
  • Spensa Technologies
  • MORE

“AI in agriculture market anticipated to grow at a CAGR of 22.5% from 2017 to 2025”

The AI in agriculture market is estimated to be worth USD 2,628.5 million by 2025 from USD 518.7 million in 2017, growing at a CAGR of 22.5% between 2017 and 2025. The major factors driving the growth of the AI in agriculture market include the growing demand for agricultural production owing to the increasing population, rising adoption of information management systems and new, advanced technologies for improving crop productivity, increasing crop productivity by implementing deep learning techniques, and growing initiatives by worldwide governments supporting the adoption of modern agricultural techniques. The high cost of gathering precise field data is a major factor restraining the growth of the AI in agriculture market.

“AI in agriculture market for computer vision technology estimated to grow at the highest CAGR during the forecast period”

The market for computer vision is expected to grow at the highest CAGR during the forecast period. The increasing use of computer vision technology for agriculture applications, such as plant image recognition, and the rising demand for continuous monitoring and analyzing crop health are the major factors contributing to the growth of the market for AI solutions based on computer vision technology.

“Market for drone analytics applications expected to grow at the highest CAGR during the forecast period”

The market for drone analytics is expected to grow at the highest CAGR during the forecast period owing to its extensive use in diagnosing and mapping crop health and making real-time decisions. Further, favorable government mandates for using drones in agriculture field is expected to fuel the growth of the AI in agriculture market for the drone analytics application.

“AI in agriculture market in Asia Pacific expected to grow at the highest CAGR during the forecast period”

The increasing adoption of deep learning and computer vision technologies for agricultural applications is a major driving factor for the market growth in the APAC region. Further, the increasing awareness among growers regarding benefits associated with artificial intelligence technologies, such as computer vision, machine learning, and deep learning, for various farming applications is also a major factor contributing toward the growth of the AI in agriculture market in this region.

The breakup of primaries conducted during the study is depicted below:

  • By Company Type: Tier 1 - 35 %, Tier 2 - 40%, and Tier 3 - 25%
  • By Designation: C-Level Executives - 57%, Directors - 29%, and Others - 14%
  • By Region: Americas - 40%, Europe - 30%, APAC - 20%, and RoW - 10%

The key players operating in the AI in agriculture market are IBM (US), John Deere (US), Microsoft (US), Agribotix (US), The Climate Corporation (US), ec2ce (Spain), Descartes Labs (US), Sky Squirrel Technologies (Canada), Mavrx (US), aWhere (US), Gamaya (Switzerland), Precision Hawk (US), Granular (US), Prospera (Israel), Cainthus (US), and Spensa Technologies (US).

Research Coverage:

This report covers the AI in agriculture market based on offering, technology, application, and region. The AI in agriculture market based on offering has been segmented into hardware, software, AI-as-a-Service, and Service. Based on applications, the AI in agriculture market has been segmented into precision farming, livestock monitoring, drone analytics, agriculture robots, and others. On the basis technology, the AI in agriculture market has been classified into machine learning, computer vision, and predictive analytics. On the basis of region, the market has been segmented into the Americas, Europe, Asia Pacific (APAC), and RoW.

Key Benefits of Buying the Report:

  • This report includes the market statistics pertaining to offering, application, technology, and region, along with their respective market sizes.
  • In-depth analysis of the value chain has been done to provide an in-depth insight into the AI in agriculture market.
  • Major drivers, restraints, challenges, and opportunities pertaining to the AI in agriculture market have been detailed in this report.
  • Illustrative segmentation, analysis, and forecast for the markets on the basis of offering, application, technology, and region have been conducted to provide an overall view of the AI in agriculture market.
  • The report includes a detailed competitive leadership mapping, including key players and their in-depth analysis and ranking of the key players.
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FEATURED COMPANIES

  • Agribotix
  • Cropx
  • Farmbot
  • IBM
  • Precision Hawk
  • Spensa Technologies
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Primary Sources
2.1.2.4 Key Industry Insights
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the AI in Agriculture Market
4.2 AI in Agriculture Market, By Application
4.3 AI in Agriculture Market, By Geography
4.4 AI in Agriculture Market, By Offering
4.5 AI in Agriculture Market, By Technology

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Agricultural Production Owing to Increasing Population
5.2.1.2 Rising Adoption of Information Management System and New, Advanced Technologies for Increasing Crop Productivity
5.2.1.3 Increasing Crop Productivity By Implementing Deep Learning Techniques
5.2.1.4 Growing Initiatives By Worldwide Governments Supporting Adoption of Modern Agricultural Techniques
5.2.2 Restraints
5.2.2.1 High Cost of Gathering Precise Field Data
5.2.3 Opportunities
5.2.3.1 Developing Countries to Offer Significant Growth Opportunities
5.2.3.2 Increasing Use of Unmanned Aerial Vehicles (UAVs) Or Drones in Agricultural Farms
5.2.4 Challenges
5.2.4.1 Lack of Standards
5.2.4.2 Technological Unawareness in Farmers About AI
5.2.4.3 Limited Availability of Historical Data

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Industry Trends

7 Artificial Intelligence in Agriculture Market, By Technology
7.1 Introduction
7.2 Machine Learning
7.3 Computer Vision
7.4 Predictive Analytics

8 Artificial Intelligence in Agriculture Market, By Offering
8.1 Introduction
8.2 Hardware
8.2.1 Processor
8.2.2 Storage Device
8.2.3 Network
8.3 Software
8.3.1 AI Platform
8.3.2 AI Solution
8.4 AI-As-A-Service
8.5 Service
8.5.1 Deployment and Integration
8.5.2 Support and Maintenance

9 Artificial Intelligence in Agriculture Market, By Application
9.1 Introduction
9.2 Precision Farming
9.2.1 Yield Monitoring
9.2.2 Field Mapping
9.2.3 Crop Scouting
9.2.4 Weather Tracking and Forecasting
9.2.5 Irrigation Management
9.3 Livestock Monitoring
9.4 Drone Analytics
9.5 Agriculture Robots
9.6 Other Applications
9.6.1 Smart Greenhouse Applications
9.6.2 Soil Management
9.6.2.1 Moisture Monitoring
9.6.2.2 Nutrient Monitoring
9.6.3 Fish Farming Application

10 Geographic Analysis
10.1 Introduction
10.2 Americas
10.2.1 North America
10.2.1.1 US
10.2.1.2 Canada
10.2.1.3 Mexico
10.2.2 South America
10.2.2.1 Brazil
10.2.2.2 Argentina
10.2.2.3 Rest of South America
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 APAC
10.4.1 Australia
10.4.2 China
10.4.3 Japan
10.4.4 South Korea
10.4.5 India
10.4.6 Rest of APAC
10.5 Rest of the World

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking for AI in Agriculture Market,2016
11.3 Competitive Scenario
11.4 Competitive Situation and Trends
11.4.1 Product Launches
11.4.2 Partnerships, Agreements, & Collaborations
11.4.3 Mergers & Acquisitions

12 Company Profiles
12.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
12.2 IBM
12.3 Deere & Company
12.4 Microsoft
12.5 Agribotix
12.6 The Climate Corporation (Subsidiary of Monsanto)
12.7 Granular
12.8 Descartes Labs
12.9 Prospera
12.10 Mavrx
12.11 Awhere
12.12 Key Innovators
12.12.1 Gamaya
12.12.2 Ec2ce
12.12.3 Precision Hawk
12.12.4 Skysquirrel Technologies
12.12.5 Cainthus
12.13 Other Companies
12.13.1 Tule Technologies
12.13.2 Resson
12.13.3 Farmbot
12.13.4 Connecterra
12.13.5 Vision Robotics
12.13.6 Harvest Croo
12.13.7 Autonomous Tractor Corporation
12.13.8 Trace Genomics
12.13.9 Vine Rangers
12.13.10 Cropx
12.13.11 Spensa Technologies

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables:
Table 1 AI in Agriculture Market, By Technology, 2014-2025 (USD Million)
Table 2 AI in Agriculture Market for Machine Learning Technology, By Region, 2014-2025 (USD Million)
Table 3 AI in Agriculture Market for Computer Vision Technology, By Region, 2014-2025 (USD Million)
Table 4 AI in Agriculture Market for Predictive Analytics Technology, By Region, 2014-2025 (USD Million)
Table 5 AI in Agriculture Market, By Offering, 2014-2025 (USD Million)
Table 6 AI in Agriculture Market for Hardware Segment, By Type, 2014-2025 (USD Million)
Table 7 AI in Agriculture Market for Hardware Segment, By Region, 2014-2025 (USD Million)
Table 8 AI in Agriculture Market for Processors, By Type, 2014-2025 (USD Million)
Table 9 AI in Agriculture Market for Software Segment, By Type, 2014-2025 (USD Million)
Table 10 AI in Agriculture Market for Software Segment, By Region, 2014-2025 (USD Million)
Table 11 Market for AI Platforms , By Platform Type, 2014-2025 (USD Million)
Table 12 Market for AI Solutions , By Deployment Type, 2014-2025 (USD Million)
Table 13 AI in Agriculture Market for Services, By Type, 2014-2025 (USD Million)
Table 14 AI in Agriculture Market for Services, By Region, 2014-2025 (USD Million)
Table 15 AI in Agriculture Market, By Application, 2014-2025 (USD Million)
Table 16 AI in Agriculture Market for Precision Farming Application, By Region 2014-2025 (USD Million)
Table 17 AI in Agriculture Market for Precision Farming Application, By Type, 2014-2025 (USD Million)
Table 18 AI in Agriculture Market for Precision Farming Application in Americas, By Region, 2014-2025 (USD Million)
Table 19 AI in Agriculture Market in North America for Precision Farming Application, By Country, 2014-2025 (USD Million)
Table 20 AI in Agriculture Market in South America for Precision Farming Application, By Country, 2014-2025 (USD Million)
Table 21 AI in Agriculture Market in Europe for Precision Farming Application, By Country, 2014-2025 (USD Million)
Table 22 AI in Agriculture Market in Asia Pacific for Precision Farming Application, By Country, 2014-2025 (USD Million)
Table 23 AI in Agriculture Market in RoW for Precision Farming Application, By Region, 2014-2025 (USD Million)
Table 24 AI in Agriculture Market for Livestock Monitoring Application, By Region, 2014-2025 (USD Million)
Table 25 AI in Agriculture Market in Americas for Livestock Monitoring Application, By Region, 2014-2025 (USD Million)
Table 26 AI in Agriculture Market in North America for Livestock Monitoring Application, By Country 2014-2025, (USD Million)
Table 27 AI in Agriculture Market in South America for Livestock Monitoring Application, By Country, 2014-2025 (USD Million)
Table 28 AI in Agriculture Market in Europe for Livestock Monitoring Application, By Country, 2014-2025 (USD Million)
Table 29 AI in Agriculture Market in Asia Pacific for Livestock Monitoring Application, By Country, 2014-2025 (USD Million)
Table 30 AI in Agriculture Market in RoW for Livestock Monitoring Application, By Region, 2014-2025 (USD Million)
Table 31 AI in Agriculture Market for Drone Analytics Application, By Region, 2014-2025 (USD Million)
Table 32 AI in Agriculture Market in Americas for Drone Analytics Application, By Region, 2014-2025 (USD Million)
Table 33 AI in Agriculture Market in North America for Drone Analytics Application, By Country, 2014-2025 (USD Million)
Table 34 AI in Agriculture Market in South America for Drone Analytics Application, By Country, 2014-2025 (USD Million)
Table 35 AI in Agriculture Market in Europe for Drone Analytics Application, By Country, 2014-2025 (USD Million)
Table 36 AI in Agriculture Market in Asia Pacific for Drone Analytics Application, By Country, 2014-2025 (USD Million)
Table 37 AI in Agriculture Market in RoW for Drone Analytics Application, By Region, 2014-2025 (USD Million)
Table 38 AI in Agriculture Market for Agriculture Robots Application, By Region, 2014-2025 (USD Million)
Table 39 AI in Agriculture Market in Americas for Agriculture Robots Application, By Region, 2014-2025 (USD Million)
Table 40 AI in Agriculture Market in North America for Agriculture Robots Application, By Country, 2014-2025 (USD Million)
Table 41 AI in Agriculture Market in South America for Agriculture Robots, By Country, 2014-2025 (USD Million)
Table 42 AI in Agriculture Market in Europe for Agriculture Robots Application, By Country, 2014-2025 (USD Million)
Table 43 AI in Agriculture Market in Asia Pacific for Agriculture Robots Application, By Country, 2014-2025 (USD Million)
Table 44 AI in Agriculture Market in RoW for Agriculture Robots Application, By Region, 2014-2025 (USD Million)
Table 45 AI in Agriculture Market for Other Applications, By Region, 2014-2025 (USD Million)
Table 46 AI in Agriculture Market in Americas for Other Applications, By Region, 2014-2025 (USD Million)
Table 47 AI in Agriculture Market in North America for Other Applications, By Country, 2014-2025 (USD Million)
Table 48 AI in Agriculture Market in South America for Other Applications, By Country, 2014-2025 (USD Million)
Table 49 AI in Agriculture Market in Europe for Other Applications, By Country, 2014-2025 (USD Million)
Table 50 AI in Agriculture Market in Asia Pacific for Other Applications, By Country, 2014-2025 (USD Million)
Table 51 AI in Agriculture Market in RoW for Other Applications, By Region, 2014-2025 (USD Million)
Table 52 AI in Agriculture Market, By Region, 2014-2025 (USD Million)
Table 53 AI in Agriculture Market in Americas, By Application, 2014-2025 (USD Million)
Table 54 AI in Agriculture Market in Americas, By Technology, 2014-2025 (USD Million)
Table 55 AI in Agriculture Market in Americas, By Offering, 2014-2025 (USD Million)
Table 56 AI in Agriculture Market in Americas, By Region, 2014-2025 (USD Million)
Table 57 AI in Agriculture Market in North America, By Country, 2014-2025 (USD Million)
Table 58 AI in Agriculture Market in South America, By Country, 2014-2025 (USD Million)
Table 59 AI in Agriculture Market in Europe, By Application, 2014-2025 (USD Million)
Table 60 AI in Agriculture Market in Europe, By Technology, 2014-2025 (USD Million)
Table 61 AI in Agriculture Market in Europe, By Offering, 2014-2025 (USD Million)
Table 62 AI in Agriculture Market in Europe, By Country, 2014-2025 (USD Million)
Table 63 AI in Agriculture Market in Asia Pacific, By Application, 2014-2025 (USD Million)
Table 64 AI in Agriculture Market in Asia Pacific, By Technology, 2014-2025 (USD Million)
Table 65 AI in Agriculture Market in Asia Pacific, By Offering, 2014-2025 (USD Million)
Table 66 AI in Agriculture Market in Asia Pacific, By Country, 2014-2025 (USD Million)
Table 67 AI in Agriculture Market in RoW, By Application, 2014-2025 (USD Million)
Table 68 AI in Agriculture Market in RoW, By Technology, 2014-2025 (USD Million)
Table 69 AI in Agriculture Market in RoW, By Offering, 2014-2025 (USD Million)
Table 70 AI in Agriculture Market in RoW, By Region, 2014-2025 (USD Million)
Table 71 Ranking Analysis of the Top Players in the Artificial Intelligence (AI) in Agriculture Market, 2016
Table 72 Market Evaluation Framework-Partnerships and Agreements Emerged as Major Growth Strategies Between 2014 and 2017
Table 73 Product Launches, 2014-2017
Table 74 Partnerships, Agreements, and Collaborations, 2014-2017
Table 75 Mergers & Acquisitions, 2014-2017

List of Figures:
Figure 1 AI in Agriculture Market Segmentation
Figure 2 Geographic Scope
Figure 3 AI in Agriculture Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 Global AI in Agriculture Market, 2014-2025 (USD Million)
Figure 9 Software Segment Expected to Hold the Largest Size of the AI in Agriculture Market During the Forecast Period
Figure 10 AI in Agriculture Market for Drone Analytics Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 11 Computer Vision Technology Expected to Grow at the Highest Rate During the Forecast Period
Figure 12 AI in Agriculture Market in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 13 AI in Agriculture Market to Grow at A High Rate Between 2017 and 2025
Figure 14 Australia to Hold the Largest Share in 2017
Figure 15 US Held the Largest Share of the Global AI in Agriculture Market in 2016
Figure 16 Software Segment Held the Largest Market Share in 2016
Figure 17 Machine Learning Technology Expected to Hold the Largest Market Size During the Forecast Period
Figure 18 Artificial Intelligence (AI) in Agriculture Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Estimated Amount of Data Generated By the Iot-Connected Farm Each Day (2015-2025)
Figure 20 Software, Hardware, and Testing Solution Providers Play A Crucial Role in the Value Chain of AI in Agriculture Market
Figure 21 AI in Agriculture Market for Computer Vision Technology Expected to Grow at the Highest CAGR Between 2017 and 2025
Figure 22 Americas to Hold the Largest Market Size for Computer Vision Technology During 2017-2025
Figure 23 AI in Agriculture Market in Asia Pacific for Predictive Analytics Technology Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Market for Hardware Segment Estimated to Grow at the Highest CAGR Between 2017 and 2025
Figure 25 AI in Agriculture Market in Asia Pacific for Hardware Segment Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Market for AI Platform Software Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 Americas Held the Largest Size of the AI in Agriculture Market for Services in 2016
Figure 28 AI in Agriculture Market, By Application, 2017 vs 2025 (USD Million)
Figure 29 Americas Expected to Hold the Largest Size of the AI in Agriculture Market for Precision Farming By 2025
Figure 30 AI in Agriculture Market in Mexico for Precision Farming Application Expected to Grow at the Highest CAGR During the Forecast Period
Figure 31 AI in Agriculture Market in Germany for Precision Farming Application Expected to Grow at the Highest CAGR During the Forecast Period
Figure 32 Americas Expected to Dominate the AI in Agriculture Market for Livestock Monitoring Applications During 2017-2023
Figure 33 Brazil to Account for the Largest Size of the AI in Agriculture Market for Livestock Monitoring Application By 2025
Figure 34 Asia Pacific Expected to Exhibit the Highest Growth in the AI in Agriculture Market for Drone Analytics Application During the Forecast Period
Figure 35 Brazil Likely to Account for the Largest Size of the AI in Agriculture Market for Drone Analytics Application By 2025
Figure 36 Americas to Hold the Largest Size of the AI in Agriculture Market for Agriculture Robots Application By 2025
Figure 37 AI in Agriculture Market in Argentina for Agriculture Robots Expected to Grow at the Highest CAGR During the Forecast Period
Figure 38 Americas to Account for the Largest Size of the AI in Agriculture Market for Other Applications By 2025
Figure 39 Geographic Snapshot: Rapidly Growing Markets Such as Australia, China, and India are Emerging as New Hot Spots for the Global AI in Agriculture Market
Figure 40 Americas: AI in Agriculture Market Snapshot
Figure 41 Europe: AI in Agriculture Market Snapshot
Figure 42 APAC: AI in Agriculture Market Snapshot
Figure 43 Partnerships, Agreements, & Acquisitions Emerged as Key Growth Strategies Adopted By Companies Between 2014 and 2017
Figure 44 Geographic Revenue Mix of Major Market Players
Figure 45 IBM : Company Snapshot
Figure 46 Deere & Company: Company Snapshot
Figure 47 Microsoft: Company Snapshot

Note: Product cover images may vary from those shown
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  • Agribotix
  • Autonomous Tractor Corporation
  • Awhere
  • Cainthus
  • Connecterra
  • Cropx
  • Deere & Company
  • Descartes Labs
  • Ec2ce
  • Farmbot
  • Gamaya
  • Granular
  • Harvest Croo
  • IBM
  • Key Innovators
  • Mavrx
  • Microsoft
  • Precision Hawk
  • Prospera
  • Resson
  • Skysquirrel Technologies
  • Spensa Technologies
  • The Climate Corporation (Subsidiary of Monsanto)
  • Trace Genomics
  • Tule Technologies
  • Vine Rangers
  • Vision Robotics
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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