Artificial Intelligence (AI) in Precision Farming Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 6.0 Billion by 2030, growing at a CAGR of 18.5% from 2024 to 2030.
The global Artificial Intelligence (AI) in Precision Farming market was valued at approximately $1.5 billion in 2022, with expectations to grow significantly in the coming years. The market is anticipated to expand at a compound annual growth rate (CAGR) of 25.4% from 2023 to 2030. This growth is driven by increasing adoption of AI technologies in agricultural practices aimed at improving crop yield, enhancing operational efficiency, and reducing environmental impact. Precision farming utilizes AI for data-driven decision-making, including predictive analytics for crop management, automated irrigation systems, and intelligent pest detection, thereby transforming traditional farming methodologies.
Opportunities in the AI in Precision Farming market are rapidly evolving due to advancements in machine learning, satellite imaging, and IoT (Internet of Things) technologies. Emerging markets, particularly in regions like Asia-Pacific and Latin America, present significant growth potential as these areas are experiencing rising investments in modern agricultural technologies and infrastructure development. The increasing emphasis on sustainable agriculture and the need for optimized resource use are further fueling demand for AI-driven solutions. As the technology continues to advance, further integration of AI with existing farming practices is expected to open new avenues for growth and innovation in the precision farming sector.
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Microsoft
IBM
Intel
SAP
Agribotix
The Climate Corporation
Taranis
aWhere
Precision Hawk
DTN
Resson
Vision Robotics
CropX
John Deere
Gamaya
Cainthus
Harvest Croo Robotics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Artificial Intelligence (AI) in Precision Farming Market
Experimental Study
Farm Management
Private Planting
Other
Based on Types the Market is categorized into Below types that held the largest Artificial Intelligence (AI) in Precision Farming market share In 2023.
Machine Learning
Computer Vision
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Artificial Intelligence (AI) in Precision Farming Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Artificial Intelligence (AI) in Precision Farming Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Artificial Intelligence (AI) in Precision Farming Market, By Type
6. Global Artificial Intelligence (AI) in Precision Farming Market, By Application
7. Global Artificial Intelligence (AI) in Precision Farming Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Artificial Intelligence (AI) in Precision Farming Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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