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Sunday, September 08, 2019

Future Farming

Worked in agricultural and Forestry areas, so this remains an interest:

Rapid adoption of artificial intelligence in agriculture in FutureFarming

The AI in agriculture market was valued at USD 600 million in 2018 and is expected to reach USD 2.6 billion by 2025.

Agriculture is seeing rapid adoption of Artificial Intelligence (AI) and Machine Learning (ML), both in terms of agricultural products and in-field farming techniques.

According to research company MarketsandMarkets, the AI in agriculture market was valued at USD 600 million in 2018 and is expected to reach USD 2.6 billion by 2025, at a CAGR of 22.5% during the forecast period.

Computing the most disruptive technology
The report states that cognitive computing in particular is all set to become the most disruptive technology in agriculture services as it can understand, learn, and respond to different situations (based on learning) to increase efficiency.

The major factors driving the growth of the AI in agriculture market include:

- the growing demand for agricultural production owing to the increasing population
- rising adoption of information management systems and new advanced technologies for improving crop productivity
- increasing crop productivity by implementing deep learning techniques
- growing initiatives by worldwide governments supporting the adoption of modern agricultural techniques. ....

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