AI in Agriculture market is projected to reach US$ 3013 million during the forecast period 2020- 2026
Global AI in Agriculture market is projected to reach the valuation of US$ 3013 million by the year 2026 by growing at a CAGR of 21.6%. This can be attributed to factors such as rising demand for agricultural production, increased adoption of advanced technologies and smart sensors, rapid demand for drones in farms, and increased need for monitoring of livestock. Using AI in agriculture provides various focal points, such as maximizing product yields using machine learning and Image recognition methods. For example, the International Crops Research Institute for Semi-Arid Tropics (ICRISAT) partnered with Microsoft to develop an AI-based sowing app that sends sowing alerts to ranchers indicating the following date. Earlier technological innovations and the modernization of GPS make ranchers and agricultural specialist cooperatives expect that further changes would increase profitability. For example, in addition to the present non-military benefits offered by GPS, nation...