Growing initiatives by the government for supporting the adoption of modern agricultural techniques to drive the growth of India AI in the agriculture market. According to TechSci Research report, “India AI in Agriculture Market By Technology (Machine Learning, Predictive Analytics, and Computer Vision), By Offering (Hardware, Software, and AI-As-A-Service), By Application (Precision Farming, Livestock Monitoring, Others), By Region, Competition, Forecast & Opportunities, 2025” the Indian AI in agriculture market is expected to grow at a formidable during the forecast period owing to the increase in the adoption of cattle face recognition technology and surging use of unmanned aerial vehicles (UAVs) across agricultural farms.
The Important Elements of Indian AI in the Agriculture Market
increasing use and the growing need for better yield of products are further propelling the market. However, the high cost of cutting-edge AI technologies and lack of awareness regarding the use of AI in agriculture amongst end users can hamper the growth of the market during the forecast period. Additionally, lack of standardization in data collection and lack of improper sharing of data can further restrict the growth of the market during the forecast period.
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The Indian AI in agriculture market is segmented based on technology, offering, application, company, and regional distribution. Based on technology, the market can be fragmented into machine learning, predictive analytics, and computer vision. The predictive analytics technology segment is expected to witness significant growth during the forecast period since the technology helps farmers in improving their crop yield and product quality by analyzing and associating a large amount of structured and unstructured data from multiple sources to abstract actionable visions to enhance yield. Based on the offering, the market can be segmented into hardware, software, and AI-as-a-service.
The hardware segment is expected to register the highest CAGR during the forecast period owing to the increasing demand for processors and data storage devices for farm operations. Based on application, the market can be fragmented into precision farming, livestock monitoring, and others. The precision farming segment is expected to dominate the market during the forecast period. This can be ascribed to the increasing popularity of precision farming among farmers as a result of the increasing need for optimum yield production with limited available resources resulting in cost reduction of crop production. Additionally, the rapid use of IoT in the agriculture sector is further contributing to the growth of the precision farming market.
The Major competitors of India AI in Agriculture Market
- IBM Corporation
- John Deere India Private Ltd
- Microsoft Corporation
- Intel
- SatSure
- Fasal
- Aibono
- Gobasco
- Cropin
- Intello Labs and others and others are some of the leading players operating in India AI in the agriculture market. The companies operating in the market are using organic strategies such as product launches, mergers, and collaborations to boost their share.
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“India AI in agriculture market is expected to witness significant growth during the forecast period owing to the increasing adoption of artificial intelligence-enabled solutions and services by agriculture-technology-based companies, increasing adoption of the robotics and IoT devices in agriculture, among others. Additionally, supportive regulations and standards in the country encourage the implementation of modern techniques in farming. For instance, in July 2019, the Government of India began the use of artificial intelligence for yield estimation and crop cutting to cut down the cost of farming and increase productivity.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India AI in Agriculture Market By Technology (Machine Learning, Predictive Analytics, and Computer Vision), By Offering (Hardware, Software, and AI-As-A-Service), By Application (Precision Farming, Livestock Monitoring, Others), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of India AI in agriculture market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India AI in agriculture market.
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