How big is the Agriculture AI Market?

The Agriculture AI Market size is expected to reach USD 2.08 billion in 2024 and grow at a CAGR of 22.55% to reach USD 5.76 billion by 2029. Read More

What is the current Agriculture AI Market size?

In 2024, the Agriculture AI Market size is expected to reach USD 2.08 billion. Read More

Who are the key players in Agriculture AI Market?

Microsoft Corporation, IBM Corporation, Granular Inc., aWhere Inc. and Prospera Technologies Ltd. are the major companies operating in the Agriculture AI Market. Read More

Which is the fastest growing region in Agriculture AI Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Agriculture AI Market?

In 2024, the North America accounts for the largest market share in Agriculture AI Market. Read More

What years does this Agriculture AI Market cover, and what was the market size in 2023?

In 2023, the Agriculture AI Market size was estimated at USD 1.61 billion. The report covers the Agriculture AI Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Agriculture AI Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

AI in Agriculture Market - Companies, Research & Trends

AI in Agriculture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Artificial Intelligence in Agriculture Market Emerging Trends & Opportunities and It is Segmented by Application (weather Tracking, Precision Farming, Drone Analytics), Deployment (cloud, On-Premises, Hybrid), and Geography (North America, Europe, Asia-Pacific, and the Rest of the World). The Market Size and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Artificial Intelligence (AI) in Agriculture Industry Overview

The artificial intelligence (AI) market in the agriculture market is fragmented with major players like Microsoft Corporation, IBM Corporation, Granular Inc., aWhere Inc., and Prospera Technologies Ltd. Players in the market are adopting strategies such as partnerships, collaborations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In April 2023, IBM and Texas A&M AgriLife collaborated to provide farmers with water consumption insights, which can boost agricultural productivity while lowering economic and environmental expenses. Texas A&M AgriLife and IBM will deploy and grow Liquid Prep, a technology solution that helps farmers decide "when to water" in dry parts of the United States.
In May 2022, AGRA and Microsoft expanded their collaboration to help with the digital agricultural transformation. AGRA and Microsoft signed an MoU in Davos for future collaboration through its Africa Transformation Office. The organizations will leverage their success from a previous partnership started in 2019, which led to the development of the AgriBot.