Global Artificial Intelligence (AI) in Agriculture Market to Reach $2,015.7 Million by 2024
According to a new market intelligence report by BIS Research titled'Global Artificial Intelligence (AI) in Agriculture Market Analysis and Forecast, 2019-2024', the artificial intelligence in agriculture market is estimated at $578.0 million in 2019 and is projected to reach $2,015.7 million by 2024. The market is expected to grow at a CAGR of 28.38% from 2019 to 2024. The reported growth in the market is expected to be driven by the increasing need to optimize farm operation planning, growing need to derive insights from emerging complexities of data-driven farming, and rising development of autonomous equipment in agriculture. Browse More than 49 Data Tables and 129 Figures spread through 293 Pages and in-depth TOC on "Global Artificial Intelligence in Agriculture Market" Precision agriculture is a rising phenomenon in the farming industry since the past decade and has been adapted to improve crop yield to meet the global food demand. It involves the application of emerging smart technologies such as artificial intelligence in farming operations to reduce the wastage of resources with precise and variable application of agri-inputs.
Dec-6-2019, 09:13:05 GMT
- Country:
- Asia > India (0.16)
- North America > United States
- California > Alameda County
- Fremont (0.15)
- Nevada > Clark County
- Las Vegas (0.05)
- California > Alameda County
- Genre:
- Press Release (0.86)
- Industry:
- Food & Agriculture > Agriculture (1.00)
- Technology:
- Information Technology
- Artificial Intelligence > Robots (0.33)
- Communications > Social Media (0.51)
- Information Technology