Artificial Intelligence in Agriculture Market Hits Milestone - Projected at USD 11.96 Billion By 2032 with a Striking 23.67% CAGR
According to Polaris Market Research predictions, the artificial intelligence in agriculture market size was valued at USD 1.77 billion in 2023. The market is anticipated to grow to USD 11.96 billion by 2032, exhibiting a CAGR of 23.67% during the forecast period.The globe's population persists in progress, causing a substantial requirement for food production. AI technologies in agriculture engage farmers to improve crop conformity and maximize resource employment to meet the increasing food demands viably.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-in-agriculture-market/request-for-sample
As of mid-November 2022, the global population was positioned at 8.0 billion people. Predictions stipulate that the worldwide population will escalate by roughly 2 billion people in the subsequent three decades from the prevalent 8 billion to 9.7 billion by 2050. Additionally, AI-propelled agricultural technologies permit the application of precision framing techniques and licensing of customized treatment for specific crops and even distinct plants as per their individual needs.
In spite of generating sufficient food to cater to the world's population, approximately 1 billion people yet develop hunger and undernourishment due to food squandering, climate change, and other elements. Luckily, the consolidation of artificial intelligence in agriculture has the possibility to convert food systems and assist convey the global food catastrophe. By comprehending data from manifold sources, AI can assist farmers in rendering data-propelled resolution, maximizing resource utilization, and reduction of environmental influence.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐จ๐ซ'๐ฌ ๐๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ข๐ง๐
The market is considerably integrated, with a handful of compact and medium-sized market firms responsible for the bulk of revenue. Prominent players are situating several strategies, joining mergers & acquisitions, deliberating consensus and contracts, advancing, testing, and initiating more production in the artificial intelligence in agriculture market. Some major companies included are:
โข AgEagle Aerial Systems Inc.
โข aWhere Inc.
โข Deere & Company
โข Descartes Labs, Inc.
โข ec2ce
โข GAMAYA
โข Granular, Inc.
โข IBM Corporation
โข Microsoft
โข PrecisionHawk
โข Prospera Technologies
โข Taranis
โข The Climate Corporation
โข Tule Technologies Inc.
โข weLLgo Medical Products GmbH
โข VineView
๐๐ฎ๐ฒ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ฌ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐จ๐ฐ: https://www.polarismarketresearch.com/buy/2885/2
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
โข Increasing Demand for Food Security: With the global population expected to reach nearly 10 billion by 2050, there is a pressing need to boost agricultural productivity. AI helps in achieving higher yields through precision farming and efficient resource management.
โข Labor Shortages: Agriculture sectors in many countries face labor shortages due to urban migration and an aging farmer population. AI-driven robots and automated systems can perform labor-intensive tasks, reducing the reliance on human labor.
โข Climate Change: Changing weather patterns affect crop yields and farming practices. AI can provide farmers with actionable insights through predictive weather analytics and data-driven decision-making tools to adapt to climate variabilities.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
โข North America dominated the artificial intelligence in the agriculture market owing to the region boasting a gamut of AI requisitions in agriculture, including precision farming, remote sensing, crop observing, predictive logic, and mechanized farming techniques.
โข Population escalation, climate change's influence, and worries over water dearth are the factors pushing the Asia Pacific region towards market expansion.
๐๐๐๐๐ฌ๐ฌ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐ก๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-in-agriculture-market
๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐ญ๐ก๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐ข๐ง ๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ:
Artificial Intelligence in Agriculture, Technology Outlook (Revenue - USD Billion, 2019 - 2032)
โข Computer Vision
โข Machine Learning & Deep Learning
โข Predictive Analytics
Artificial Intelligence in Agriculture, Application Outlook (Revenue - USD Billion, 2019 - 2032)
โข Precision Farming
โข Agriculture Robots
โข Livestock Monitoring
โข Drone Analytics
Artificial Intelligence in Agriculture, Component Outlook (Revenue - USD Billion, 2019 - 2032)
โข Services
โข Software
โข Hardware
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Satellite Data Services Market: https://www.polarismarketresearch.com/industry-analysis/satellite-data-services-market
Lease Management Market: https://www.polarismarketresearch.com/industry-analysis/lease-management-market
Video Conferencing Market: https://www.polarismarketresearch.com/industry-analysis/video-conferencing-market
Location-Based Entertainment Market: https://www.polarismarketresearch.com/industry-analysis/location-based-entertainment-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence in Agriculture Market Hits Milestone - Projected at USD 11.96 Billion By 2032 with a Striking 23.67% CAGR here
News-ID: 3471928 • Views: โฆ
More Releases from Polaris Market Research & Consulting
Behavioral Biometrics Market Set to Reach USD 9,345.99 Million By 2032 with a No โฆ
๐๐๐ก๐๐ฏ๐ข๐จ๐ซ๐๐ฅ ๐๐ข๐จ๐ฆ๐๐ญ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
The global behavioral biometrics market, which was valued at USD 1245.39 million in 2023, is poised for remarkable growth. It is projected to reach a staggering USD 9,345.99 million by 2032, indicating a robust CAGR of 25.10% during the forecast period from 2024 to 2032. This exponential growth is driven by various factors, underscoring the increasing importance of behavioral biometrics in the market.
โ The rise in phishing attempts, particularlyโฆ
Europe Orthopedic Devices Market is estimated to reach USD 21,368.9 million by 2 โฆ
According to an exhaustive report by Polaris Market Research, the global Europe orthopedic devices market is poised for significant growth over the next decade. In 2023, global sales income reached USD 15,218.52 million. Predicted to boost at a robust Compound Annual Growth Rate (CAGR) of 3.8%, the market is estimated to reach USD 21,368.9 million by 2032.
Orthopaedic implants are substances utilized to restore bones and joints in rigid tissue applications.โฆ
Cartridge Filling System Market is anticipated to grow to US$ 17.46 billion by 2 โฆ
The global Cartridge Filling System Market size was valued at USD 6.84 billion in 2023 and is anticipated to grow to USD 17.46 billion by 2032, exhibiting a CAGR of 11.0% during the forecast period from 2024 to 2032.
Various factors propelling the demand for the CFS market include:
โข The incorporation of novel technologies like mechanization and robotics primarily drives market growth.
โข The flexibility of technology-integrated cartridge filling techniques makes them suitableโฆ
Healthcare Interoperability Solutions Market is estimated to reach USD 11.52 Bil โฆ
According to an exhaustive report by Polaris Market Research, the global healthcare interoperability solutions market is poised for significant growth over the next decade. In 2023, global sales income reached USD 3.39 billion. Predicted to boost at a robust Compound Annual Growth Rate (CAGR) of 14.6%, the market is estimated to reach USD 11.52 billion by 2032.
Interoperability in healthcare indicates to prompt and safe approach, incorporation, and usage ofโฆ
More Releases for Agriculture
Indonesia Agriculture Market, Indonesia Agriculture Industry, Agriculture Grains โฆ
Indonesia is worldโs leading producer of palm oil as well as a leading global producer of other commodities such as rubber, cocoa, and coffee. Indonesia is a rich country in fertile land ideal for growing different ranges of crops for both export & domestic consumption. However, these are export crops that have come to direct land use and employment to take the advantage of peaks in global commodity prices. Inโฆ
Zambia Agriculture Market, Zambia Agriculture Industry, Agriculture Livestock Ma โฆ
Agriculture has always been of excessive importance for the Zambia, as nurturing the worldโs largest population is not a tranquil task. The Zambia government has been ancillary the agriculture industry with a number of policies, annoying to stabilize the output and pursuing ways to ensure the sector is rising healthily and sustainably. The Zambia federal government has been decidedly supportive of agriculture for decades, and there is far-reaching political consensusโฆ
Morocco Agriculture Market, Morocco Agriculture Industry, Agriculture Grains Mar โฆ
Morocco is tremendously dependent on its agricultural sector. Moroccan agricultural production consists mainly of potatoes, sugar beet, oranges, wheat, tomatoes, olives, and olive oil. The significance of agriculture sector in the economy of Morocco and other countries is measured as the worth added of the agricultural sector as percent of Gross domestic product (GDP). Agriculture includes hunting, forestry, and fishing, as well as the cultivation of crops & livestock production.
Accordingโฆ
Philippines Agriculture Market, Philippines Agriculture Industry, Agriculture Gr โฆ
The Philippines is primarily an agricultural country. Most populace lives in rural areas and support themselves through agriculture. Countryโs agriculture sector is sub-divided into 4 key sub-sectors: fisheries, farming, livestock, and forestry that employ approximately 39.8 % of the labor-force and contribute 20 & of GDP. The fisheries sector is categorized into 3 sub-sectors: municipal, commercial, and aquaculture (cultivation of natural produce of bodies of water). Growing crops for theโฆ
Mozambique Agriculture Market, Mozambique Agriculture Industry, Agriculture Grai โฆ
The Agriculture has always been of abundant importance for Mozambique, as feeding the worldโs principal population is not an easy undertaking. The Mozambique government has been supportive the agriculture industry with a sum of policies, trying to stabilize the output and pursuing ways to ensure the sector is developing healthily and sustainably. The Mozambique federal government has been exceedingly supportive of agriculture for decades, and there is wide-ranging political consensusโฆ
Turkey Agriculture Market, Turkey Agriculture Industry, Agriculture Grains Marke โฆ
Turkeyโs agricultural economy is among the highest ten within the world, with half of the country consisting of agricultural land and nearly a quarter of the population utilized in agriculture. Turkey is a major producer of wheat, sugar beets, milk, poultry, cotton, tomatoes and different fruits and vegetables, and is that the high producer within the world for apricots and hazelnuts.ย As inputs to animal feed for its meat andโฆ