According to Cognitive Market Research, the Global AI in Agriculture market size was USD 2142.20 million in 2024. It will expand at a compound annual growth rate (CAGR) of 23.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 856.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 642.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 492.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 107.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 42.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.2% from 2024 to 2031.
The Machine Learning category is the fastest growing segment of the AI in Agriculture industry