Brazil AI in Agriculture Market : Exploring Opportunities with Market Size and Growth Projections

By | April 6, 2023
Brazil AI in Agriculture Market : Exploring Opportunities with Market Size and Growth Projections

Brazil AI in Agriculture Market is projected to grow at a robust CAGR during 2022-2027. The major factor contributing to the growth of the market are growing agriculture industry in Brazil as agriculture is an important industry in the country with huge agricultural resources. The most substantial products in this sphere are coffee, soybeans, wheat, rice, corn, sugarcane, cocoa, citrus, and beef. Based on technology, the market has been classified into machine learning, computer vision, and predictive analytics. Machine learning holds the largest market size due to the rising adoption of AI technology for various applications like drones, agriculture robots, precision farming, etc. Moreover, in the coming years, applications of machine learning for various agricultural activities are expected to rise exponentially.

Some of the leading players in Brazil’s AI in Agriculture market

  • Mavrx
  • Awhere
  • The Climate Corporation
  • IBM, Granular, Microsoft
  • Deere & Company
  • Agribotix
  • Descartes Labs
  • Prospera, etc.

The Objective of the Study:

  • To analyze and forecast the market size of AI in Agriculture, in terms of value.
  • To classify and forecast Brazil’s AI in Agriculture based on technology, offering, application, and regional distribution.
  • To identify drivers and challenges for Brazil’s AI in Agriculture.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Brazil AI in Agriculture.
  • To conduct the pricing analysis for AI in Agriculture.
  • To identify and analyze the profile of leading players involved in the manufacturing of Brazil AI in Agriculture.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across Brazil. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration service providers across Brazil.

TechSci Research calculated the market size of Brazil’s AI in Agriculture using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.

Key Target Audience:

  • Artificial intelligence software and solution providers
  • Artificial intelligence technology providers
  • Electronic hardware equipment manufacturers
  • AI system providers
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them to strategize investments and capitalize on market opportunities.

AttributeDetails
Base Year2021
Historical Data2017 – 2020
Estimated Year2022
Forecast Period2023 – 2027
Quantitative UnitsRevenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
Report CoverageRevenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered·         Technology·         Offering·         Application
Regional scopeSouth-East; North-East; South; Central West; North
Key companies profiledMavrx, Awhere, The Climate Corporation, IBM, Granular, Microsoft, Deere & Company, Agribotix, Descartes Labs, Prospera.
Customization scope10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase optionsAvail customized purchase options to meet your exact research needs. Explore purchase options
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Brazil’s AI in Agriculture market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Technology:
    • Machine Learning
    • Predictive Analytics
    • Computer Vision
  • Market, By Offering:
    • Hardware
    • Software
    • AI-As-A-Service
  • Market, By Application:
    • Precision Farming
    • Livestock Monitoring
    • Agriculture Robots
    • Drone
    • Others
  • Market, by Region:
    • South-East
    • North-East
    • South
    • Central West
    • North

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in AI in Agriculture.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).