{"id":359,"date":"2019-11-08T12:41:34","date_gmt":"2019-11-08T12:41:34","guid":{"rendered":"https:\/\/www.spinanalyticsandstrategy.com\/blog\/?p=359"},"modified":"2019-11-08T12:41:34","modified_gmt":"2019-11-08T12:41:34","slug":"ai-market-in-agriculture-growth-trends-and-forecast","status":"publish","type":"post","link":"https:\/\/www.spinanalyticsandstrategy.com\/blog\/ai-market-in-agriculture-growth-trends-and-forecast\/","title":{"rendered":"AI MARKET IN AGRICULTURE – GROWTH, TRENDS, AND FORECAST"},"content":{"rendered":"

In the true sense, <\/span>Farming<\/i><\/strong> is by far one of the oldest lines of work in the world.<\/span><\/p>\n

But, with the passage of millennia, Humanity has come a long way and so did agriculture. From conventional methods to grow crops to the usage of AI in Agriculture, Humanity has indeed taken a big leap.But with land getting in short supply and population growing by leaps and bounds, using creative methods to produce crops and boost productivity in limited space has become the need of the hour.\u00a0<\/span><\/p>\n

Change has stepped in<\/span><\/i>. And this can be testified by the fact that the worldwide agriculture industry which is roughly estimated to be around $5 trillion, is stepping in the shoes of other sectors, shifting to what is known as Precision Farming<\/strong>.\u00a0<\/span><\/p>\n

For instance, adopting AI technologies to reap healthy crops, monitor soil, control pests, accumulate data for farmers etc. and eventually perk up a number of agriculture-related errands in the food supply chain.<\/span><\/p>\n

\"Artificial<\/p>\n

Digital Agriculture: Farmers are using AI to increase crop yields<\/strong><\/h1>\n

Artificial intelligence<\/strong><\/a> holds the promise of driving an agricultural revolution at a time when the world must produce more food using fewer resources.<\/span><\/p>\n

Artificial Intelligence has various applications in agriculture ranging from rural automatons, facial acknowledgment, computerized water system frameworks, and driver less tractors. These applications are done in relationship with an alternate sort of sensors, GPS frameworks, radars, and other cutting edge contraptions dependent on AI.<\/span><\/p>\n

Innovative progressions and the modernization of GPS are making ranchers and the agriculture specialist co-ops anticipate that additional upgrades will increase the profitability.Increasing adoption of the mechanical technology and IoT gadgets in agriculture is additionally assessed to drive the AI in agriculture<\/strong><\/a>.<\/span><\/p>\n

Agriculture is slowly becoming digital and AI in agriculture is emerging in three major categories, (i) agricultural robotics, (ii) soil and crop monitoring, and (iii) predictive analytics.<\/span><\/p>\n

Agricultural Robots<\/strong> \u2013 Companies are developing and programming autonomous robots to handle essential agricultural tasks such as harvesting crops at a higher volume and faster pace than human laborers.<\/span><\/p>\n

Crop and Soil Monitoring<\/strong> \u2013 Companies are leveraging computer vision and deep-learning algorithms to process data captured by drones and\/or software-based technology to monitor crop and soil health.<\/span><\/p>\n

Predictive Analytics<\/strong> \u2013 Machine learning models are being developed to track and predict various environmental impacts on crop yield<\/strong> such as weather changes.<\/span>\"AI<\/a><\/p>\n

How Analytics and AI steps in actually<\/b><\/h2>\n

Intelligent farming practices that have eventually transformed into <\/span>knowledge-based agriculture<\/b>, increases production levels and product quality to significant numbers.\u00a0<\/span><\/p>\n

With trained professionals in this art, companies like <\/span>SPIN Strategy <\/b>extracts insights from numerous data sources that are integrated into an Advanced Big Data Framework with data analysis decision-making, and automated data recording.\u00a0<\/span><\/p>\n

Result- Customized data for better plant health.<\/span><\/p>\n

At SPIN<\/strong><\/a>, with the combination of smart farming and AI, we assemble, analyze, and digitize massive amounts of data to aid farmers to optimize their production systems. And, that\u2019s why we like to be termed as the <\/span>Farmer\u2019s Little Hand.<\/span><\/i><\/p>\n

With the use of technology, we:<\/span><\/p>\n