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LAMEA Artificial Intelligence in Agriculture Market Size, Share & Industry Trends Analysis Report by Technology, Application, Offering, Country and Growth Forecast, 2022-2028

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    Report

  • 108 Pages
  • March 2023
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5779072
The Latin America, Middle East and Africa Artificial Intelligence in Agriculture Market should 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, includingpredictive analysis, machine learning, and others, themarket for artificial intelligencein 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.

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

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)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

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 Research Methodology
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 The 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

Companies Mentioned

  • 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)

Methodology

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