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Global Artificial Intelligence in Agriculture Market to Reach $4.09 Billion by 2027 – A BIS Research Market Intelligence Report

The report suggests that the market is expected to grow at a CAGR of 21.98% between 2022-2027

BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Artificial Intelligence in Agriculture Market   A Global and Regional Analysis.

According to this study, the global artificial intelligence in agriculture market was valued at $1.51 billion in 2022 and is projected to reach $4.09 billion by 2027, growing at a staggering CAGR of 21.98%.

The following factors are responsible for the increase in demand for artificial intelligence in agriculture:

  • Surging need for automation in agriculture
  • Increased farmland consolidation and large farm size


The detailed study is a compilation of 171 market data tables and 50 figures spread through 321 pages.


Check out the detailed table of content here:



Analyst’s Take on the Market Projection

According to Debraj Chakraborty, Principal Analyst, BIS Research, “The agriculture industry is poised to benefit greatly from the adoption of AI technologies. AI can be used to analyze large amounts of data, such as weather patterns, soil conditions, and crop yields, to make predictions and optimize crop growth. This can help farmers to increase yields, reduce waste, and improve efficiency.”


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Major Existing Industry Leaders in the Artificial Intelligence in Agriculture Market

The companies that are profiled have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the established names in the market are:

  • Alibaba Group Holding Limited
  • Aquabyte
  • Ceres Imaging
  • Climate LLC
  • CNH Industrial N.V.
  • Connecterra B.V.
  • CropIn Technology Solutions
  • Deere & Company
  • DJI
  • Granular Inc.
  • IBM Corporation
  • Microsoft Corporation
  • PrecisionHawk, Inc.
  • Plantix
  • Agrible
  • Prospera Technologies
  • Taranis
  • Wolkus Technology Solutions Private Limited (Fasal)


Recent Developments in the Global Artificial Intelligence in Agriculture Market 

  • In May 2022, Taranis expanded its partnership with DJI and DroneNerds.com in the United States. To make more intelligent data-driven decisions, the collaboration will take advantage of cutting-edge AI and drone technologies.
  • In February 2022, Plantix expanded its market presence in the Asia-Pacific region by launching its product, Plantix Vision API in Bangladesh.
  • In December 2021, Connecterra B.V. collaborated with Lely. With this collaboration, Lely aimed to use Connecterra B.V.’s advancements in machine learning and artificial intelligence to provide more insights to farmers.


Want to learn more about the latest trends in agritech? Speak to our analysts


Exclusive Deeptech M-A-P in Agriculture by BIS Research:

Agriculture Technology-as-a-Service Market

Global Smart Farming Market


About BIS Research: 

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.

Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.



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