24.5% Cagr Of Artificial Intelligence (ai) In Agriculture Market To Cross To Usd 10.2 Billion In Revenues By 2032

The global Artificial Intelligence (AI) In Agriculture market size is expected to be worth around USD 10.2 billion by 2032 from USD 1.2 billion in 2022, growing at a CAGR of 24.5%. AI-based applications and techniques can be utilized for controlling pests, increasing yields, monitoring soil conditions, and streamlining agricultural-related tasks throughout the food supply chain. Microsoft and NatureFresh Farms are two companies using AI technology to analyze plant data at scale and produce accurate yield and harvest forecasts. Factors affecting the growth of the AI in agriculture industry include the increasing demand for food, the need for efficient agricultural operations, and the growing adoption of AI-based solutions.