Dedicated to Research Since 1993
  •  

    info@genesismarketinsights.com

Global Artificial Intelligence in Agriculture Market By Application (Precision Farming, Agriculture Robots), By Offering (Hardware, Software) - Business Overview, Analysis and Industry Forecast 2018-2023.

 Technology

Report Overview

Global Artificial Intelligence in Agriculture Market was valued at USD 478 Million in the year 2017. Global Artificial Intelligence in Agriculture Market is further estimated to grow at a CAGR of 21.3 % from 2018 to reach USD 1523 Million by the year 2023. The Asia Pacific region holds the highest market share in 2017 and is considered the fastest growing market in the forecasted period. At the country level, China Australia, India, and Japan are the major markets in Asia Pacific region and holds a substantial market share in 2017 and it is projected to grow at a gradual pace in the coming years. The increasing adoption of deep learning and computer vision technologies for agricultural applications is the major driving factor for the market growth in the APAC region.

The market is segmented by application, by offerings, and by region. By application, it is sub-segmented into Precision Farming, Agriculture Robots, and Others. In the year 2017, Precision Farming segment by application generated the highest revenue in the global market. Over the last two decades, precision farming has successfully made the transition from being an academic research topic to a highly beneficial practice in the field of agriculture.

Based on the basis of offerings, the market is segmented into Hardware, Software, and Service. Among these, the software segment held the largest market size in 2017. The market for the software segment is mainly driven by the integration of mobile technologies with farming techniques, growing use of artificial intelligence software to improve farm efficiency, and rising demand for real-time data management systems.

Drivers:

            Ease of Monitoring with Improved Detection of Abnormalities in Soil Health

            Increased Adoption of AI in The Industry

Restraints:

            High Cost Associated with Implementation of AI in Agriculture

            Constraints Associated with Implementation and Deployment of AI Solutions

Opportunities:

            Developing Countries to Offer Significant Growth Opportunities

Challenges:

            Lack of Standards

            Technological Unawareness in Farmers about AI

Agribotix (U.S), IBM (U.S), Deere & Company (U.S), aWhere Inc. (U.S), and Pycno Agriculture (U.K) are some of the key players in the Global Artificial Intelligence in Agriculture Market. Rising research and development expenses to cater changing demand of end users, similarly growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Key Benefits for Stakeholders

Electronic hardware equipment manufacturers

Artificial intelligence software and solution providers

Artificial intelligence technology providers

Technical universities

Market research and consulting firms

Government research agencies and private research organizations

By Application

Precision Farming

Agriculture Robots

Others

By Offering 

Hardware

Software

Service

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Agribotix

IBM

Deere & Company

aWhere Inc.

FieldIn Tech

Pycno Agriculture

CropMetrics

Farmers Edge Inc.

Granular AG

SST Software

 

(Another brief information of 10 companies will be provided in the report)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1.      Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2.      Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3.      To avoid bias, we filter the collected data collected from authenticated sources.
  4.      GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5.      Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6.      Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

             2.1.1.1. Key Data from Secondary Research

       2.1.2. Primary Research

             2.1.2.1. Key Data from Primary Research

             2.1.2.2. Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottom-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Global Artificial Intelligence in Agriculture Market, By Application

6.1 Precision Farming

            6.1.1 Yield Monitoring

            6.1.2 Variable Rate Application

            6.1.3 Field Mapping

            6.1.4 Soil Monitoring

            6.1.5 Crop Scouting

6.2 Agriculture Robots

            6.2.1 Agricultural Drones

            6.2.2 Others

6.3 Others

            6.3.1 Smart Green Applications

            6.3.2 Soil Management

7. Global Artificial Intelligence in Agriculture Market, By Offering  

7.1 Hardware

7.2 Software

7.3 Service

8. Geographical Analysis

8.1. Introduction

8.2. North America

       8.2.1. U.S.

       8.2.2. Canada

       8.2.3. Mexico

8.3. Europe

       8.3.1. U.K.

       8.3.2. Germany

       8.3.3. Italy

       8.3.4. France

       8.3.5. RoE

8.4. Asia Pacific

       8.4.1. South Korea

       8.4.2. China

       8.4.3. Japan

       8.4.4. South Korea

       8.4.5. RoAPAC

8.5. RoW

       8.5.1. Latin America

       8.5.2. Middle East and Africa

9. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

9.1 Agribotix

9.2 IBM

9.3 Deere & Company

9.4 aWhere Inc.

9.5 FieldIn Tech

9.6 Pycno Agriculture

9.7 CropMetrics

9.8 Farmers Edge Inc.

9.9 Granular AG

9.10 SST Software

 

(Another brief information of 10 companies will be provided in the report.)

 

10. Competitive Analysis

10.1. Introduction

10.2. Market Positioning of Key Players

10.3 Competitive Strategies Adopted by Leading Players

        10.3.1. Investments & Expansions

        10.3.2. New Product Launches

        10.3.3. Mergers & Acquisitions

        10.3.4. Agreements, Joint Ventures, and Partnerships

11. Appendix

11.1. Questionnaire

11.2. Available Customizations 

11.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

 

List of Table (75 Tables)

Table 1 AI in Agriculture Market, By Technology, 2018–2023 (USD Million)
Table 2 AI in Agriculture Market for Machine Learning Technology, By Region, 2018–2023 (USD Million)
Table 3 AI in Agriculture Market for Computer Vision Technology, By Region, 2018–2023 (USD Million)
Table 4 AI in Agriculture Market for Predictive Analytics Technology, By Region, 2018–2023 (USD Million)
Table 5 AI in Agriculture Market, By Offering, 2018–2023 (USD Million)
Table 6 AI in Agriculture Market for Hardware Segment, By Type, 2018–2023 (USD Million)
Table 7 AI in Agriculture Market for Hardware Segment, By Region, 2018–2023 (USD Million)
Table 8 AI in Agriculture Market for Processors, By Type, 2018–2023 (USD Million)
Table 9 AI in Agriculture Market for Software Segment, By Type, 2018–2023 (USD Million)
Table 10 AI in Agriculture Market for Software Segment, By Region, 2018–2023 (USD Million)
Table 11 Market for AI Platforms, By Platform Type, 2018–2023 (USD Million)
Table 12 Market for AI Solutions, By Deployment Type, 2018–2023 (USD Million)
Table 13 AI in Agriculture Market for Services, By Type, 2018–2023 (USD Million)
Table 14 AI in Agriculture Market for Services, By Region, 2018–2023 (USD Million)
Table 15 AI in Agriculture Market, By Application, 2018–2023 (USD Million)
Table 16 AI in Agriculture Market for Precision Farming Application, By Region 2018–2023 (USD Million)
Table 17 AI in Agriculture Market for Precision Farming Application, By Type, 2018–2023 (USD Million)
Table 18 AI in Agriculture Market for Precision Farming Application in Americas, By Region, 2018–2023 (USD Million)
Table 19 AI in Agriculture Market in North America for Precision Farming Application, By Country, 2018–2023 (USD Million)
Table 20 AI in Agriculture Market in South America for Precision Farming Application, By Country, 2018–2023 (USD Million)
Table 21 AI in Agriculture Market in Europe for Precision Farming Application, By Country, 2018–2023 (USD Million)
Table 22 AI in Agriculture Market in the Asia Pacific for Precision Farming Application, By Country, 2018–2023 (USD Million)
Table 23 AI in Agriculture Market in RoW for Precision Farming Application, By Region, 2018–2023 (USD Million)
Table 24 AI in Agriculture Market for Livestock Monitoring Application, By Region, 2018–2023 (USD Million)
Table 25 AI in Agriculture Market in Americas for Livestock Monitoring Application, By Region, 2018–2023 (USD Million)
Table 26 AI in Agriculture Market in North America for Livestock Monitoring Application, By Country 2018–2023, (USD Million)
Table 27 AI in Agriculture Market in South America for Livestock Monitoring Application, By Country, 2018–2023 (USD Million)
Table 28 AI in Agriculture Market in Europe for Livestock Monitoring Application, By Country, 2018–2023 (USD Million)
Table 29 AI in Agriculture Market in the Asia Pacific for Livestock Monitoring Application, By Country, 2018–2023 (USD Million)
Table 30 AI in Agriculture Market in RoW for Livestock Monitoring Application, By Region, 2018–2023 (USD Million)
Table 31 AI in Agriculture Market for Drone Analytics Application, By Region, 2018–2023 (USD Million)
Table 32 AI in Agriculture Market in Americas for Drone Analytics Application, By Region, 2018–2023 (USD Million)
Table 33 AI in Agriculture Market in North America for Drone Analytics Application, By Country, 2018–2023 (USD Million)
Table 34 AI in Agriculture Market in South America for Drone Analytics Application, By Country, 2018–2023 (USD Million)
Table 35 AI in Agriculture Market in Europe for Drone Analytics Application, By Country, 2018–2023 (USD Million)
Table 36 AI in Agriculture Market in Asia Pacific for Drone Analytics Application, By Country, 2018–2023 (USD Million)
Table 37 AI in Agriculture Market in RoW for Drone Analytics Application, By Region, 2018–2023 (USD Million)
Table 38 AI in Agriculture Market for Agriculture Robots Application, By Region, 2018–2023 (USD Million)
Table 39 AI in Agriculture Market in Americas for Agriculture Robots Application, By Region, 2018–2023 (USD Million)
Table 40 AI in Agriculture Market in North America for Agriculture Robots Application, By Country, 2018–2023 (USD Million)
Table 41 AI in Agriculture Market in South America for Agriculture Robots, By Country, 2018–2023 (USD Million)
Table 42 AI in Agriculture Market in Europe for Agriculture Robots Application, By Country, 2018–2023 (USD Million)
Table 43 AI in Agriculture Market in the Asia Pacific for Agriculture Robots Application, By Country, 2018–2023 (USD Million)
Table 44 AI in Agriculture Market in RoW for Agriculture Robots Application, By Region, 2018–2023 (USD Million)
Table 45 AI in Agriculture Market for Other Applications, By Region, 2018–2023 (USD Million)
Table 46 AI in Agriculture Market in Americas for Other Applications, By Region, 2018–2023 (USD Million)
Table 47 AI in Agriculture Market in North America for Other Applications, By Country, 2018–2023 (USD Million)
Table 48 AI in Agriculture Market in South America for Other Applications, By Country, 2018–2023 (USD Million)
Table 49 AI in Agriculture Market in Europe for Other Applications, By Country, 2018–2023 (USD Million)
Table 50 AI in Agriculture Market in the Asia Pacific for Other Applications, By Country, 2018–2023 (USD Million)
Table 51 AI in Agriculture Market in RoW for Other Applications, By Region, 2018–2023 (USD Million)
Table 52 AI in Agriculture Market, By Region, 2018–2023 (USD Million)
Table 53 AI in Agriculture Market in Americas, By Application, 2018–2023 (USD Million)
Table 54 AI in Agriculture Market in Americas, By Technology, 2018–2023 (USD Million)
Table 55 AI in Agriculture Market in Americas, By Offering, 2018–2023 (USD Million)
Table 56 AI in Agriculture Market in Americas, By Region, 2018–2023 (USD Million)
Table 57 AI in Agriculture Market in North America, By Country, 2018–2023 (USD Million)
Table 58 AI in Agriculture Market in South America, By Country, 2018–2023 (USD Million)
Table 59 AI in Agriculture Market in Europe, By Application, 2018–2023 (USD Million)
Table 60 AI in Agriculture Market in Europe, By Technology, 2018–2023 (USD Million)
Table 61 AI in Agriculture Market in Europe, By Offering, 2018–2023 (USD Million)
Table 62 AI in Agriculture Market in Europe, By Country, 2018–2023 (USD Million)
Table 63 AI in Agriculture Market in the Asia Pacific, By Application, 2018–2023 (USD Million)
Table 64 AI in Agriculture Market in Asia Pacific, By Technology, 2018–2023 (USD Million)
Table 65 AI in Agriculture Market in Asia Pacific, By Offering, 2018–2023 (USD Million)
Table 66 AI in Agriculture Market in Asia Pacific, By Country, 2018–2023 (USD Million)
Table 67 AI in Agriculture Market in RoW, By Application, 2018–2023 (USD Million)
Table 68 AI in Agriculture Market in RoW, By Technology, 2018–2023 (USD Million)
Table 69 AI in Agriculture Market in RoW, By Offering, 2018–2023 (USD Million)
Table 70 AI in Agriculture Market in RoW, By Region, 2018–2023 (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 2016 and 2017
Table 73 Product Launches, 2016–2017
Table 74 Partnerships, Agreements, and Collaborations, 2014–2017
Table 75 Mergers & Acquisitions, 2014–2017


List of Figures (39 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, 2018–2023 (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 2018 and 2023
Figure 14 Australia to Hold the Largest Share in 2018
Figure 15 US Held the Largest Share of the Global AI in Agriculture Market in 2018
Figure 16 Software Segment Held the Largest Market Share in 2018
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 (2018–2023)
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 2018 and 2023
Figure 22 Americas to Hold the Largest Market Size for Computer Vision Technology During 2018–2023
Figure 23 AI in Agriculture Market in the 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 2018 and 2023
Figure 25 AI in Agriculture Market in the 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 2018
Figure 28 AI in Agriculture Market, By Application, 2018 vs 2023 (USD Million)
Figure 29 Americas Expected to Hold the Largest Size of the AI in Agriculture Market for Precision Farming By 2023
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 2018–2023
Figure 33 Brazil to Account for the Largest Size of the AI in Agriculture Market for Livestock Monitoring Application By 2023
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 2023
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 2023
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

Summary

No Content Available.

PURCHASE OPTIONS

ASK FOR SPECIAL PRICING

Related Reports