The Latin America, Middle East and Africa Artificial Intelligence in Agriculture Market would witness market growth of 31.1% CAGR during the forecast period (2022-2028).
Farmers are facing a labor shortage since fewer individuals are choosing this profession. Agriculture bots that will work with farmers are one remedy for this. These machines pick crops more swiftly and extensively. Blue River Technologies uses weed-controlling agricultural robots. AI can simplify crop selection and help farmers identify the most lucrative product. In addition, farmers can employ forecasting and predictive analytics to reduce the risk of operational errors and crop failure.
By compiling information on plant growth, AI can help produce crops more tolerant to bad weather and infectious diseases. Chemical analyses of soil can be used by AI systems to accurately determine the quantities of nutrients which are missing. AI can monitor a plant's health to discover and eliminate weeds, find and predict diseases, and recommend practical pest control strategies. Predictive analytics is a real game-changer. Farmers can analyze and collect a much greater volume of data with AI than they could without it.
LAMEA is anticipated to expand moderately due to the growing popularity of AI-powered systems employing deep learning techniques. Due to the increasing popularity of applications that mix IoT and AI, including predictive analysis, machine learning, and others, the market for artificial intelligence in agriculture is anticipated to grow at a dizzying rate. Despite the progress made over the past two decades in agricultural innovation programs, there is still an urgent need to strengthen the infrastructure for agricultural research, technology, and innovation to address these issues. The expansion of the regional market for artificial intelligence in agriculture is anticipated to be fueled by these factors.
The Brazil market dominated the LAMEA Artificial Intelligence in Agriculture Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $109.5 million by 2028. The Argentina market is experiencing a CAGR of 31.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 30.8% during (2022 - 2028).
Based on Technology, the market is segmented into Machine Learning, Computer Vision and Predictive Analytics. Based on Application, the market is segmented into Drone Analytics, Precision Farming, Agricultural Robots, Labor Management, Livestock Monitoring and Others. Based on Offering, the market is segmented into Software, Hardware, AI-as-a-Service and Service. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Artificial Intelligence in Agriculture Market is Projected to reach USD 4.9 Billion by 2028, at a CAGR of 24.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Deere & Company, IBM Corporation, Microsoft Corporation, Climate LLC (Bayer AG), Farmers Edge Inc, AgEagle Aerial Systems, Inc., Prospera Technologies, Inc. (Valmont Industries, Inc.), A.A.A Taranis Visual Ltd., CropIn Technology Solutions Private Limited, and Corteva, Inc. (Dow AgroSciences LLC).
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Machine Learning
- Computer Vision
- Predictive Analytics
By Application
- Drone Analytics
- Precision Farming
- Agricultural Robots
- Labor Management
- Livestock Monitoring
- Others
By Offering
- Software
- Hardware
- AI-as-a-Service
- Service
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Deere & Company
- IBM Corporation
- Microsoft Corporation
- Climate LLC (Bayer AG)
- Farmers Edge Inc
- AgEagle Aerial Systems, Inc.
- Prospera Technologies, Inc. (Valmont Industries, Inc.)
- A.A.A Taranis Visual Ltd.
- CropIn Technology Solutions Private Limited
- Corteva, Inc. (Dow AgroSciences LLC)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Artificial Intelligence in Agriculture Market, by Technology
1.4.2 LAMEA Artificial Intelligence in Agriculture Market, by Application
1.4.3 LAMEA Artificial Intelligence in Agriculture Market, by Offering
1.4.4 LAMEA Artificial Intelligence in Agriculture Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical and Business Expansion
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA Artificial Intelligence in Agriculture Market by Technology
4.1 LAMEA Machine Learning Market by Country
4.2 LAMEA Computer Vision Market by Country
4.3 LAMEA Predictive Analytics Market by Country
Chapter 5. LAMEA Artificial Intelligence in Agriculture Market by Application
5.1 LAMEA Drone Analytics Market by Country
5.2 LAMEA Precision Farming Market by Country
5.3 LAMEA Agricultural Robots Market by Country
5.4 LAMEA Labor Management Market by Country
5.5 LAMEA Livestock Monitoring Market by Country
5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Artificial Intelligence in Agriculture Market by Offering
6.1 LAMEA Software Market by Country
6.2 LAMEA Hardware Market by Country
6.3 LAMEA AI-as-a-Service Market by Country
6.4 LAMEA Service Market by Country
Chapter 7. LAMEA Artificial Intelligence in Agriculture Market by Country
7.1 Brazil Artificial Intelligence in Agriculture Market
7.1.1 Brazil Artificial Intelligence in Agriculture Market by Technology
7.1.2 Brazil Artificial Intelligence in Agriculture Market by Application
7.1.3 Brazil Artificial Intelligence in Agriculture Market by Offering
7.2 Argentina Artificial Intelligence in Agriculture Market
7.2.1 Argentina Artificial Intelligence in Agriculture Market by Technology
7.2.2 Argentina Artificial Intelligence in Agriculture Market by Application
7.2.3 Argentina Artificial Intelligence in Agriculture Market by Offering
7.3 UAE Artificial Intelligence in Agriculture Market
7.3.1 UAE Artificial Intelligence in Agriculture Market by Technology
7.3.2 UAE Artificial Intelligence in Agriculture Market by Application
7.3.3 UAE Artificial Intelligence in Agriculture Market by Offering
7.4 Saudi Arabia Artificial Intelligence in Agriculture Market
7.4.1 Saudi Arabia Artificial Intelligence in Agriculture Market by Technology
7.4.2 Saudi Arabia Artificial Intelligence in Agriculture Market by Application
7.4.3 Saudi Arabia Artificial Intelligence in Agriculture Market by Offering
7.5 South Africa Artificial Intelligence in Agriculture Market
7.5.1 South Africa Artificial Intelligence in Agriculture Market by Technology
7.5.2 South Africa Artificial Intelligence in Agriculture Market by Application
7.5.3 South Africa Artificial Intelligence in Agriculture Market by Offering
7.6 Nigeria Artificial Intelligence in Agriculture Market
7.6.1 Nigeria Artificial Intelligence in Agriculture Market by Technology
7.6.2 Nigeria Artificial Intelligence in Agriculture Market by Application
7.6.3 Nigeria Artificial Intelligence in Agriculture Market by Offering
7.7 Rest of LAMEA Artificial Intelligence in Agriculture Market
7.7.1 Rest of LAMEA Artificial Intelligence in Agriculture Market by Technology
7.7.2 Rest of LAMEA Artificial Intelligence in Agriculture Market by Application
7.7.3 Rest of LAMEA Artificial Intelligence in Agriculture Market by Offering
Chapter 8. Company Profiles
8.1 Deere & Company
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Microsoft Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Climate LLC (Bayer AG)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.5 Farmers Edge Inc
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Business Expansions:
8.6 AgEagle Aerial Systems, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 Prospera Technologies, Inc. (Valmont Industries, Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.8 A.A.A Taranis Visual Ltd.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.8.2.3 Geographical Expansions:
8.9 CropIn Technology Solutions Private Limited
8.9.1 Company Overview
8.10. Corteva, Inc. (Dow AgroSciences LLC)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
TABLE 1 LAMEA Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Artificial Intelligence in Agriculture Market
TABLE 4 Product Launches And Product Expansions– Artificial Intelligence in Agriculture Market
TABLE 5 Acquisition and Mergers– Artificial Intelligence in Agriculture Market
TABLE 6 Geographical and Business Expansion – Artificial Intelligence in Agriculture Market
TABLE 7 LAMEA Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 8 LAMEA Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 9 LAMEA Machine Learning Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Machine Learning Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Computer Vision Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Computer Vision Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Predictive Analytics Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Predictive Analytics Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 16 LAMEA Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 17 LAMEA Drone Analytics Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Drone Analytics Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Precision Farming Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Precision Farming Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Agricultural Robots Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Agricultural Robots Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Labor Management Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Labor Management Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Livestock Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Livestock Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 30 LAMEA Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 31 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA AI-as-a-Service Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA AI-as-a-Service Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Service Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Service Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Artificial Intelligence in Agriculture Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Artificial Intelligence in Agriculture Market by Country, 2022 - 2028, USD Million
TABLE 41 Brazil Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 42 Brazil Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 43 Brazil Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 44 Brazil Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 45 Brazil Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 46 Brazil Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 47 Brazil Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 48 Brazil Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 49 Argentina Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 50 Argentina Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 51 Argentina Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 52 Argentina Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 53 Argentina Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 54 Argentina Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 55 Argentina Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 56 Argentina Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 57 UAE Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 58 UAE Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 59 UAE Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 60 UAE Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 61 UAE Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 62 UAE Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 63 UAE Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 64 UAE Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 73 South Africa Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 74 South Africa Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 75 South Africa Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 76 South Africa Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 77 South Africa Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 78 South Africa Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 79 South Africa Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 80 South Africa Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 81 Nigeria Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 82 Nigeria Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 83 Nigeria Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 84 Nigeria Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 85 Nigeria Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 86 Nigeria Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 87 Nigeria Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 88 Nigeria Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Artificial Intelligence in Agriculture Market, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Artificial Intelligence in Agriculture Market, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Artificial Intelligence in Agriculture Market by Technology, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Artificial Intelligence in Agriculture Market by Technology, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Artificial Intelligence in Agriculture Market by Application, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Artificial Intelligence in Agriculture Market by Application, 2022 - 2028, USD Million
TABLE 95 Rest of LAMEA Artificial Intelligence in Agriculture Market by Offering, 2018 - 2021, USD Million
TABLE 96 Rest of LAMEA Artificial Intelligence in Agriculture Market by Offering, 2022 - 2028, USD Million
TABLE 97 Key Information – Deere & Company
TABLE 98 Key information – IBM Corporation
TABLE 99 key information – Microsoft Corporation
TABLE 100 Key Information – Climate LLC
TABLE 101 Key Information – Farmers Edge Inc
TABLE 102 Key Information – AgEagle Aerial Systems, Inc.
TABLE 103 Key Information – Prospera Technologies, Inc.
TABLE 104 Key Information – A.A.A Taranis Visual Ltd.
TABLE 105 Key Information – CropIn Technology Solutions Private Limited
TABLE 106 Key Information – Corteva, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Recent strategies and developments: Deere & Company
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 Recent strategies and developments: Farmers Edge Inc
FIG 10 Recent strategies and developments: A.A.A Taranis Visual Ltd.