AI (Artificial Intelligence) In Agriculture Market Is Expected To Grow At A CAGR Of Over 22% Between 2022-2027
Global AI in Agriculture Market is expected to grow at a CAGR of over 22% between 2022-2027. The major factors driving the growth of market includes the growing demand for agricultural production owing to the rising adoption of information management systems, increasing population and technological advancements for increasing crop productivity. Furthermore, the combination of the IoT and AI technology like predictive analytics and machine learning allow farmers to analyse real-time data of temperature, weather circumstances and plant well-being. Based on the region, the AI in agriculture market is segmented into North America, Europe & CIS, APAC, MEA and South America. The AI in agriculture market in Asia Pacific is estimated to grow at the highest CAGR during 2022-2027 owing to increasing adoption of deep learning and computer vision technologies for agricultural applications. Moreover, farmers globally, are increasingly adopting deep learning, machine learning and predictiv...