5 Ways AI Technology Will Improve Agriculture in 2024 (GAT)
- Spending on AI in agriculture is projected to grow from $1.7 billion in 2023 to $4.7 billion in 2028, with a CAGR of 23.1%, according to Research and Markets.
- The global IoT in agriculture market size was valued at $27.1 billion in 2021 and is projected to reach $84.5 billion by 2031, according to Allied Market Research.
These are just a few of the stats I found with a quick Google search on “global digital agriculture market”. I don’t know if these numbers are accurate or not but, what’s very clear from these and many other researched statistics, is that the market for gathering information and creating structured data through a variety of sensors (IoT), and the artificial intelligence (AI) or machine learning (ML) systems needed to interpret this data and turn them into actionable suggestions, is large and constantly growing. Click here to read the full article
Share this:
- Email a link to a friend (Opens in new window) Email
- Print (Opens in new window) Print
- Share on LinkedIn (Opens in new window) LinkedIn
- Share on WhatsApp (Opens in new window) WhatsApp
- Share on X (Opens in new window) X
- Share on Facebook (Opens in new window) Facebook
- Share on Pinterest (Opens in new window) Pinterest
- More