Dallas, TX -- (SBWIRE) -- 10/15/2018 -- In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Artificial Intelligence (AI) in Agriculture market for 2018-2023.

Artificial Intelligence (AI) in Agriculture Market size is being driven by the growing adoption of the robots in agriculture. Increasing consumption and rising requirement of better yield of crops are estimated to be one of the major factors that is fueling the demand of robots in agriculture.

Increasing consumption motivates farmers to scale up farming operations and give rise to the requirement of automating farming operations. As the farmers are shifting more towards automation, drones and robots have become integral part of agriculture farms and are enhancing yield and improving the product quality. Since AI is the backbone of robotics, increasing adoption of robots in agriculture is estimated to drive the AI in agriculture market growth.

United States is the largest consumption countries of Artificial Intelligence (AI) in Agriculture in the world in the past few years and it will keep leader position in the next few years. United States market took up about 42.96% the global market in 2017, while Europe was about 22.67%.

USA is now the key developers of Artificial Intelligence (AI) in Agriculture; most companies are in USA. Others are in Europe, China and India.

Over the next five years, LPI(LP Information) projects that Artificial Intelligence (AI) in Agriculture will register a 21.8% CAGR in terms of revenue, reach US$ 790 million by 2023, from US$ 240 million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Artificial Intelligence (AI) in Agriculture market by product type, application, key companies and key regions.

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To calculate the market size, LP Information considers value generated from the sales of the following segments:

Segmentation by product type:
Machine Learning
Computer Vision
Segmentation by application:
Precision Farming
Livestock Monitoring
Drone Analytics
Agriculture Robots
Others

We can also provide the customized separate regional or country-level reports, for the followingregions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
IBM
Intel
Microsoft
SAP
Agribotix
The Climate Corporation
Mavrx
aWhere
Precision Hawk
Granular
Prospera Technologies
Spensa Technologies
Resson
Vision Robotics
Harvest Croo Robotics
CropX
John Deere
Gamaya
Cainthus

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Artificial Intelligence (AI) in Agriculture market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Artificial Intelligence (AI) in Agriculture market by identifying its various subsegments.
Focuses on the key global Artificial Intelligence (AI) in Agriculture players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Artificial Intelligence (AI) in Agriculture with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Artificial Intelligence (AI) in Agriculture submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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Some Points from TOC:
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Artificial Intelligence (AI) in Agriculture Market Size 2013-2023
2.1.2 Artificial Intelligence (AI) in Agriculture Market Size CAGR by Region
2.2 Artificial Intelligence (AI) in Agriculture Segment by Type
2.2.1 Machine Learning
2.2.2 Computer Vision
2.2.3 Predictive Analytics
2.3 Artificial Intelligence (AI) in Agriculture Market Size by Type
2.3.1 Global Artificial Intelligence (AI) in Agriculture Market Size Market Share by Type (2013-2018)
2.3.2 Global Artificial Intelligence (AI) in Agriculture Market Size Growth Rate by Type (2013-2018)
2.4 Artificial Intelligence (AI) in Agriculture Segment by Application
2.4.1 Precision Farming
2.4.2 Livestock Monitoring
2.4.3 Drone Analytics
2.4.4 Agriculture Robots
2.4.5 Others
2.5 Artificial Intelligence (AI) in Agriculture Market Size by Application
2.5.1 Global Artificial Intelligence (AI) in Agriculture Market Size Market Share by Application (2013-2018)
2.5.2 Global Artificial Intelligence (AI) in Agriculture Market Size Growth Rate by Application (2013-2018)

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