United States AI in Agriculture Market Projections Show Impressive CAGR for 2017-2027

By | April 4, 2023
United States AI in Agriculture Market Projections Show Impressive CAGR for 2017-2027

United States AI in Agriculture Market is expected to grow at a double-digit CAGR between 2023-2027 owing to increasing population, growing demand for agricultural production, rising adoption of information management systems, and technological advancements. Based on offering, the market has been classified into hardware, software, and AI-as-a-Service. In 2021, the software segment dominated the AI in Agriculture Market due to increasing demand for real-time data management systems and rising use of artificial intelligence software to improve farm productivity, and the segment is anticipated to maintain its dominance during the forecast period as well.

Some of the leading players in the United States AI in Agriculture market

  1. IBM
  2. Granular
  3. Microsoft
  4. Deere & Company
  5. Mavrx
  6. Awhere
  7. The Climate Corporation
  8. Agribotix
  9. Descartes Labs
  10. 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 United States AI in Agriculture based on technology, offering, application, and regional distribution.
  • To identify drivers and challenges for United States AI in Agriculture.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States 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 United States 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 the United States. 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 the United States.

TechSci Research calculated the market size of United States 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 through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as the company website, 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 in strategizing investments and capitalizing 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 scopeNortheast Region, South Region, West Region, Midwest Region
Key companies profiledIBM, Granular, Microsoft, Deere & Company, Mavrx, Awhere, The Climate Corporation, 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, United States AI in Agriculture market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

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

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).