The global Artificial Intelligence in Agriculture market is poised for significant growth, projected to expand from USD 1.8 billion in 2023 to USD 12.8 billion by 2032, marking a remarkable compound annual growth rate (CAGR) of 24.34%. Driven by the increasing adoption of AI tools for crop monitoring, predictive analytics, and climate resilience, the U.S. market alone is expected to rise from USD 0.5 billion to USD 3.4 billion by 2032, with a CAGR of 24.03%. Key growth factors include substantial investments in agri-tech, support for smart farming, and the rapid deployment of autonomous machinery. The market’s software segment dominated in 2023, while hardware is anticipated to grow the fastest due to decreasing technology costs. Leading players include IBM, Microsoft, and John Deere, focusing on innovative solutions like autonomous tractors and disease detection platforms. North America leads the market, with the Asia-Pacific region showing the fastest growth due to digital transformation initiatives.
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