The North America Artificial Intelligence in Agriculture Market would witness market growth of 22.7% CAGR during the forecast period (2022-2028).
To develop crop metrics across thousands of acres, remote sensing techniques, hyperspectral photography, and 3D laser scanning are essential. It can potentially bring about a fundamental shift in how farmers view agriculture from a time and effort perspective. Additionally, this technology will be used to track crops throughout their existence, producing reports in the event of anomalies. Irrigation is a farming operation requiring a lot of human labor. Automation of irrigation can increase total yield when machines are taught about past weather patterns, the quality of the soil, and the kind of crops that will be planted.
Both in terms of agricultural goods and field farming practices, AI and machine learning (ML) are being quickly incorporated into agriculture. Since it can comprehend, pick up on, and react to various situations with increased effectiveness, intellectual computing, in particular, is poised to become the most disruptive technology in the farm service sector. All farmers will benefit from having access to some of these solutions, such as a chatbot or other conversational platform, if it enables them to keep up with technological advancements and implement them into their daily agricultural practices.
The region has witnessed a rise in government incentives for the use of cutting-edge agricultural technologies, as well as an improvement in infrastructure. The National Institute of Food and Agriculture (NIFA), a division of the United States Department of Agriculture, implements geospatial, sensor, and precision technology projects in an effort to educate farmers. In addition, NIFA collaborates with Land-Grand universities to aid farmers in developing robust sensors, software, and tools for modelling, monitoring, and assessing a vast array of complex biological materials and processes. These elements are projected to stimulate the regional market for artificial intelligence in agriculture.
The US market dominated the North America Artificial Intelligence in Agriculture Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,287.9 million by 2028. The Canada market is poised to grow at a CAGR of 25.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 24.4% during (2022 - 2028).
Based on Technology, the market is segmented into Machine Learning, Computer Vision and Predictive Analytics. Based on Application, the market is segmented into Drone Analytics, Precision Farming, Agricultural Robots, Labor Management, Livestock Monitoring and Others. Based on Offering, the market is segmented into Software, Hardware, AI-as-a-Service and Service. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Artificial Intelligence in Agriculture Market is Projected to reach USD 4.9 Billion by 2028, at a CAGR of 24.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Deere & Company, IBM Corporation, Microsoft Corporation, Climate LLC (Bayer AG), Farmers Edge Inc, AgEagle Aerial Systems, Inc., Prospera Technologies, Inc. (Valmont Industries, Inc.), A.A.A Taranis Visual Ltd., CropIn Technology Solutions Private Limited, and Corteva, Inc. (Dow AgroSciences LLC).
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Machine Learning
- Computer Vision
- Predictive Analytics
By Application
- Drone Analytics
- Precision Farming
- Agricultural Robots
- Labor Management
- Livestock Monitoring
- Others
By Offering
- Software
- Hardware
- AI-as-a-Service
- Service
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Deere & Company
- IBM Corporation
- Microsoft Corporation
- Climate LLC (Bayer AG)
- Farmers Edge Inc
- AgEagle Aerial Systems, Inc.
- Prospera Technologies, Inc. (Valmont Industries, Inc.)
- A.A.A Taranis Visual Ltd.
- CropIn Technology Solutions Private Limited
- Corteva, Inc. (Dow AgroSciences LLC)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Artificial Intelligence in Agriculture Market, by Technology
1.4.2 North America Artificial Intelligence in Agriculture Market, by Application
1.4.3 North America Artificial Intelligence in Agriculture Market, by Offering
1.4.4 North America Artificial Intelligence in Agriculture Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical and Business Expansion
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America Artificial Intelligence in Agriculture Market by Technology
4.1 North America Machine Learning Market by Country
4.2 North America Computer Vision Market by Country
4.3 North America Predictive Analytics Market by Country
Chapter 5. North America Artificial Intelligence in Agriculture Market by Application
5.1 North America Drone Analytics Market by Country
5.2 North America Precision Farming Market by Country
5.3 North America Agricultural Robots Market by Country
5.4 North America Labor Management Market by Country
5.5 North America Livestock Monitoring Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Artificial Intelligence in Agriculture Market by Offering
6.1 North America Software Market by Country
6.2 North America Hardware Market by Country
6.3 North America AI-as-a-Service Market by Country
6.4 North America Service Market by Country
Chapter 7. North America Artificial Intelligence in Agriculture Market by Country
7.1 US Artificial Intelligence in Agriculture Market
7.1.1 US Artificial Intelligence in Agriculture Market by Technology
7.1.2 US Artificial Intelligence in Agriculture Market by Application
7.1.3 US Artificial Intelligence in Agriculture Market by Offering
7.2 Canada Artificial Intelligence in Agriculture Market
7.2.1 Canada Artificial Intelligence in Agriculture Market by Technology
7.2.2 Canada Artificial Intelligence in Agriculture Market by Application
7.2.3 Canada Artificial Intelligence in Agriculture Market by Offering
7.3 Mexico Artificial Intelligence in Agriculture Market
7.3.1 Mexico Artificial Intelligence in Agriculture Market by Technology
7.3.2 Mexico Artificial Intelligence in Agriculture Market by Application
7.3.3 Mexico Artificial Intelligence in Agriculture Market by Offering
7.4 Rest of North America Artificial Intelligence in Agriculture Market
7.4.1 Rest of North America Artificial Intelligence in Agriculture Market by Technology
7.4.2 Rest of North America Artificial Intelligence in Agriculture Market by Application
7.4.3 Rest of North America Artificial Intelligence in Agriculture Market by Offering
Chapter 8. Company Profiles
8.1 Deere & Company
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Microsoft Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Climate LLC (Bayer AG)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.5 Farmers Edge Inc
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Business Expansions:
8.6 AgEagle Aerial Systems, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 Prospera Technologies, Inc. (Valmont Industries, Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.8 A.A.A Taranis Visual Ltd.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.8.2.3 Geographical Expansions:
8.9 CropIn Technology Solutions Private Limited
8.9.1 Company Overview
8.10. Corteva, Inc. (Dow AgroSciences LLC)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
TABLE 1 North America Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 2 North America Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Artificial Intelligence in Agriculture Market
TABLE 4 Product Launches And Product Expansions– Artificial Intelligence in Agriculture Market
TABLE 5 Acquisition and Mergers– Artificial Intelligence in Agriculture Market
TABLE 6 Geographical and Business Expansion – Artificial Intelligence in Agriculture Market
TABLE 7 North America Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 8 North America Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 9 North America Machine Learning Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Machine Learning Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Computer Vision Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Computer Vision Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Predictive Analytics Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Predictive Analytics Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 16 North America Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 17 North America Drone Analytics Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Drone Analytics Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Precision Farming Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Precision Farming Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Agricultural Robots Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Agricultural Robots Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Labor Management Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Labor Management Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Livestock Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Livestock Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 30 North America Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 31 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 35 North America AI-as-a-Service Market by Country, 2018 - 2021, USD Million
TABLE 36 North America AI-as-a-Service Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Service Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Service Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Artificial Intelligence in Agriculture Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Artificial Intelligence in Agriculture Market by Country, 2022 - 2028, USD Million
TABLE 41 US Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 42 US Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 43 US Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 44 US Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 45 US Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 46 US Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 47 US Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 48 US Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 49 Canada Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 50 Canada Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 51 Canada Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 52 Canada Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 53 Canada Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 54 Canada Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 55 Canada Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 56 Canada Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 57 Mexico Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 58 Mexico Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 59 Mexico Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 60 Mexico Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 61 Mexico Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 62 Mexico Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 63 Mexico Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 64 Mexico Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 65 Rest of North America Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 66 Rest of North America Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 67 Rest of North America Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 68 Rest of North America Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 69 Rest of North America Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 70 Rest of North America Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 71 Rest of North America Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 72 Rest of North America Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 73 Key Information – Deere & Company
TABLE 74 Key information – IBM Corporation
TABLE 75 key information – Microsoft Corporation
TABLE 76 Key Information – Climate LLC
TABLE 77 Key Information – Farmers Edge Inc
TABLE 78 Key Information – AgEagle Aerial Systems, Inc.
TABLE 79 Key Information – Prospera Technologies, Inc.
TABLE 80 Key Information – A.A.A Taranis Visual Ltd.
TABLE 81 Key Information – CropIn Technology Solutions Private Limited
TABLE 82 Key Information – Corteva, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Recent strategies and developments: Deere & Company
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 Recent strategies and developments: Farmers Edge Inc
FIG 10 Recent strategies and developments: A.A.A Taranis Visual Ltd.