Tag Archives: AI Market in Agriculture

AI Market in Agriculture Size, Share, Key Players, Demand and Growth Opportunities by 2023

The AI market in agriculture is growing at a CAGR of 23.2% during 2018-2023 and will reach $465.6 million by 2023. The market is expected to witness high growth due to high penetration of internet of things (IoT) in agriculture industry and increasing number of IoT device installations in agriculture. The decreasing price of sensors and increasing adoption of cattle facial recognition are facilitating the market growth. Increasing government support for the development of new farming techniques, and surge in global awareness regarding the benefits of AI in agriculture over the years, are expected to boost the growth of the AI market in agriculture during the forecast period.

AI Market in Agriculture Revenue, Share, Key Players, Demand and Opportunities by 2023

The AI market in agriculture is growing at a CAGR of 23.2% during 2018 – 2023 and will reach $465.6 million by 2023. The market is expected to witness high growth due to high penetration of internet of things (IoT) in agriculture industry and increasing number of IoT device installations in agriculture. The decreasing price of sensors and increasing adoption of cattle facial recognition are facilitating the market growth.

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