Experience and intuition run deep with farmers, and wisdom is passed across generations. But with the world鈥檚 fertile lands shrinking because of climate change,听and food supply in greater demand because of rapid population growth, many growers are motivated to try new ways of meeting expected demand.
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These macro trends are happening听at a time听when more farmers are gaining exposure to various forms of听artificial intelligence (AI)听that enable them to make data-driven crop-management decisions鈥攁ll in an effort to听boost yield, trim resource costs, and improve the sustainability of their land. In particular, AI analyzes data streams gathered by an array of field and crop sensors, drones, and satellites to help farmers better understand crop and soil health and identify threats,听such as pests or fungi, before they can be detected even by experienced farmers.
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Long promised, these cutting-edge technologies are finally gaining market momentum. The global AI-in-agriculture market size stood at $852.2 million in 2019听and听is projected to reach $8.4 billion by 2030, according to.听
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However, spending alone won鈥檛 make farmers trust AI or data-driven farming practices. It鈥檚 ultimately about producing results鈥攖hough there鈥檚 no lack of ambitious ideas for how AI can transform farming practices, no matter their size or location.