Artificial Intelligence in Agriculture – A New Phase in AgriTech Market

For as far as one can remember, the farming industry has worked as the backbone for the economic development of any country. As a result, industries & governments, globally, have always laid more stress on the expansion of their agricultural sector.?

Following this practice, the latest expansion in farming has been the integration of artificial intelligence; a.k.a, AI. ?

The traditional methods of farming were insufficient to achieve economic and commercial goals, such as rising population leading to more demand for food. And, therefore, new and automated methods were created as a solution to meet these demands. ?

Many sectors throughout the world have seen significant changes because of technological advancements. Astonishingly, agriculture, despite being the least computerized, has experienced a surge in agricultural technology research and commercialization.?

As?per BIS Research, the global artificial intelligence in agriculture market is expected to reach $6.65 billion in market value by 2026, with a CAGR of 30.56% during the forecast period 2021-2026.?

In this article, we will try to dissect the role of artificial intelligence in agriculture and how it is playing a significant role in creating a new phase in the agritech market.

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AI in Agriculture?

Agriculture uses artificial intelligence?for watering, weeding, and sprinkling with the assistance of sensor devices and other technologies such as robots and drones. These solutions reduce the use of water, pesticides, and herbicides while also preserving soil fertility. They also aid in the effective use of personnel, increasing production, and improving quality.?

Crop productivity has increased as a result of this innovation, as also real-time surveillance, harvesting, preparation, and commercialization.?

In the agro-based industry, the technological advances of automated systems employing agricultural robotics and drones have contributed significantly toward better yields and outputs.?

Several high-tech computer-based systems have been developed to identify various critical factors such as weeds, crop yield, crop quality, and a variety of other issues.

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?Impact of Artificial Intelligence in Agriculture?

AI-based solutions assist in enhancing performance in all sectors and handle the issues encountered by numerous businesses, including crop production, irrigation, the composition of the soil sensing, crop surveillance, weeding, and crop installation in the agriculture industry.?

Farm robots are designed to provide high AI applications in the agritech industry. The agriculture sector is experiencing a dilemma with respect to meeting the demand for food production as the world population grows, but AI tends to provide a much-needed answer.?

Farmers have been able to generate more output with less input and increase the quality of their production, as well as ensure a quicker time to market for their harvested crops, owing to AI-based technology solutions.?

The following are some of the ways in which AI has helped the agriculture sector:?

Perspective and Recognition of Images?

In recent years, there has been a surge in the involvement of autonomous unmanned aerial vehicles (UAVs) and their usages. This includes tasks, such as identification and monitoring, human body recognition and geolocation, search and rescue, and forest fire identification.?

Drones or UAVs are now becoming extremely prevalent for reaching brilliant stature and distances and performing a variety of implementations due to their adaptability, as well as incredible imaging techniques. ?

This covers everything from delivering to photography, the potential to be piloted with a remote console, and the devices being dexterous in the air, which allows us to do a lot with these gadgets.?

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Workforce and Skillsets?

Artificial intelligence allows producers to gather vast amounts of information from government and public sites, evaluate it, and give answers to a variety of complex challenges. It also allows the use of a wiser irrigation system, resulting in improved yields for farmers.?

Agriculture will soon be discovered to be a blend of technical and biological talents owing to artificial intelligence, which will not only provide higher quality output for all farmers but also reduce their expenditures and burdens.?

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Enhance the Yields?

The maximum performance level for all plants is determined by variety selection and seed purity. Technological advances have aided in the finest crop classification and have even enhanced the sampling of hybrid seed options that are best suited to the requirements of farmers.?

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Agricultural Chatbots?

Conversational virtual assistants, often known as chatbots, automate communications with consumers. One can now interpret natural language and communicate with people in a more tailored way owing to artificial intelligence-powered chatbots and machine learning algorithms.?

They are mostly designed for shopping, travel, and media, but agribusiness has taken use of this resource by supporting farmers in receiving responses to their unresolved queries and making recommendations.?

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Conclusion?

The agricultural business faces several obstacles, including the lack of appropriate irrigation systems, weeds, crop height-related concerns with plant surveillance, and harsh climate conditions. ?

However, with the help of artificial intelligence technology in agriculture, performance may be improved, and therefore these issues can be resolved in the long run. These issues may be enhanced using AI-driven approaches such as remote sensors that can be used for detecting soil moisture content and GPS-assisted automatic watering.?

Additionally, incorporating self-driving robots would not only increase productivity but also cut the use of unneeded pesticides and herbicides. Besides, farmers may use drones to successfully sprinkle pesticides and herbicides on their farms, and plant surveillance would no longer be a hassle.??

Curious about which innovative technology is gaining traction in your industry? BIS Research provides the most up-to-date market research and studies. Connect with us at?[email protected]?to learn more.