Artificial Intelligence in Agriculture market projected to reach USD 12.8 billion by 2032.

From GlobeNewswire: 2025-06-29 10:00:00

The Artificial Intelligence in Agriculture Market was valued at USD 1.8 billion in 2023 and is projected to reach USD 12.8 billion by 2032, with a CAGR of 24.34%. The U.S. market is set to grow at a CAGR of 24.03%, driven by tech adoption and agri-research investments. Major players include IBM, Microsoft, and Deere & Company.

Software dominates the AI in agriculture market, accounting for 55% of revenue share in 2023. Hardware is the fastest-growing segment, with drone and sensor adoption driving growth. Machine Learning & Deep Learning lead in technology, while Computer Vision is expected to grow rapidly. Precision Farming is the dominant application, with Agriculture Robots seeing the fastest growth.

North America leads the market with 36% revenue share, driven by early adoption and robust digital infrastructure. Asia-Pacific is forecasted to have the fastest CAGR, fueled by digital transformation and rising food security concerns. Recent developments include IBM’s weather forecasting tool for small-scale farmers and John Deere’s partnership with NVIDIA for AI analytics.

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