AI in agriculture expected to grow exponentially by 2025, report states - Farming UK News

Artificial intelligence in agriculture is expected to grow exponentially, reaching a global worth of $2.6bn by 2025, new figures state.According to the new research report on the "AI in Agriculture Market by Technology - Global Forecast to 2025", the market is expected to grow by 22.5% to reach $2.6bn by 2025 from $518.7m in 2017.Agriculture, currently one of the world's least digitised major industries, is expected to go through a transformation as data acquisition, agricultural robotics and analytic companies grow.The rapid growth of the AI in agriculture market can be attributed to various factors, including 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.Machine learning-enabled solutions are being significantly adopted by agricultural organisations and farmers to enhance farm productivity and to gain a competitive edge in business ...