Rapid adoption of artificial intelligence in agriculture 7wData

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The AI in agriculture market was valued at USD 600 million in 2018 and is expected to reach USD 2.6 billion by 2025. According to research company MarketsandMarkets, the AI in agriculture market was valued at USD 600 million in 2018 and is expected to reach USD 2.6 billion by 2025, at a CAGR of 22.5% during the forecast period. The report states that cognitive computing in particular is all set to become the most disruptive technology in agriculture services as it can understand, learn, and respond to different situations (based on learning) to increase efficiency. According to Apurva Agarwal, Associate Director, Electronics and Semiconductor, MarketsandMarkets "The combination of the Internet of Things (IoT) and artificial intelligence technologies, such as Machine Learning, computer vision, and predictive analytics, allow farmers to analyse real-time data of weather conditions, temperature, soil moisture, plant health, and crop prices in real time." Weather tracking and forecasting are important applications of AI in agriculture as it facilitates gathering up-to-date information of prevailing weather conditions such as temperature, rain, wind speed and direction, and solar radiation.

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