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The global artificial intelligence in agriculture market (on the basis of product offering) is segmented into software, hardware, AI-as-a-Service, and support services. The software segment dominated the global artificial intelligence in agriculture market in 2018 and is anticipated to maintain its dominance in market size throughout the forecast period (2019-2024) with hardware and AI-as-a-Service experiencing higher growth rates.

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The global food economy is being progressively compelled by the gradual change in the food consumption patterns. Indoor farming is a perfect alternative to conventional farming, which has been adopted since early 1900s, but at non-commercial and small scales. The practice of growing crops in greenhouses, which have been predominantly low-tech, has been in existence since a long time. With the innovations in urban planning and sustainability, indoor farming has gained importance as a local method

Over the years, the agricultural sector has undergone several transformations. However, the introduction of information and communication technologies (ICT) in 2010 has emerged as one of the revolutionary changes that the farming industry has witnessed.

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Precision agriculture involves the use of information technology infrastructure and resources to develop solutions that enable farmers to utilize the available resource