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Computer Vision Technology Market for Agriculture Global Analysis 2023-2033: Fostering Digital Agriculture through Global Government Initiatives

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DUBLIN, Feb. 29, 2024 /PRNewswire/ — The “Computer Vision Technology Market for Agriculture: A Global and Regional Analysis, 2023-2033” report has been added to  ResearchAndMarkets.com’s offering.

The computer vision technology market for agriculture was valued at $432.0 million in 2023, and it is expected to grow at a CAGR of 16.78% and reach $2,037.5 million by 2033. The computer vision technology market for agriculture is currently in a dynamic growth phase, marked by rapid advancements and heightened adoption. The market exhibits a degree of fragmentation, with diverse players contributing to specialized applications within the agriculture sector.

Key companies such as Climate LLC, Granular, IBM Corporation, Ceres Imaging, and Deere & Company hold notable market shares, indicating a mix of technology-focused startups and established giants collectively shaping the landscape of computer vision solutions in agriculture. As the market matures, consolidation trends may emerge, influencing the competitive dynamics and further fueling the integration of computer vision technologies into modern farming practices. As of 2022, significant players held around 30% of market shares in the computer vision technology market for agriculture. These percentages underscore the influence of these companies in driving innovation and technology adoption in the agricultural sector, reflecting the evolving landscape of precision farming and broader application of computer vision solutions.

The market is characterized by entities offering innovative solutions designed for the following applications such as biotic stress monitoring, harvest dynamic monitoring, autonomous equipment control, and abiotic stress monitoring in agriculture, with a focus on interpreting and extracting valuable insights from visual data captured through various imaging devices. The products offered by the players in the market have been segmented into data processing and analytics and operational integration and automation.

During the forecast period 2023-2033, the computer vision technology market for agriculture is set to undergo substantial evolution and expansion. Persistent advancements in computer vision technologies will drive the development of more sophisticated and cost-effective solutions for analyzing agricultural data. With an increased emphasis on sustainability and adherence to circular economy principles, governments, industries, and consumers will prioritize the integration of computer vision for optimizing farming practices.

A surge in investments directed toward startups specializing in computer vision for agriculture and dedicated research and development initiatives can be expected. This era presents a golden opportunity for the computer vision technology market for agriculture to mature and firmly establish itself as an indispensable component of the sustainable farming landscape. Companies that swiftly embrace technological advancements and foster effective collaborations are poised for significant growth and a leading position in this transformative market.

Market Segmentation

Biotic Stress Monitoring to Dominate the Computer Vision Technology Market for Agriculture (by Application)

Biotic stress monitoring, encompassing disease, pest, and weed detection, stands as a cornerstone in contemporary agriculture, utilizing cameras to capture various growth stages and enhance production efficiency. This approach empowers farmers to swiftly identify subtle abnormalities in crop development caused by factors such as malnutrition, disease, or pest infestation. The integration of advanced computer vision applications, such as Taranis and Blue River Technology, has become integral to modern farming practices. These technologies analyze vast fields with high-resolution imagery and artificial intelligence algorithms, providing real-time insights. This capability enables farmers to make informed decisions, proactively manage issues such as pest infestations, and optimize resource allocation for improved crop health and productivity, ensuring a more sustainable and efficient future for agriculture.

Biotic stress monitoring through computer vision allows providers to swiftly detect and identify plant diseases or pest infestations. This proactive approach enables timely intervention, minimizes crop damage, and increases agricultural productivity. By leveraging real-time data and image analysis, computer vision providers can offer farmers precise and targeted solutions, optimizing resource utilization and contributing to sustainable farming practices. Overall, biotic stress monitoring enhances efficiency and resilience in agriculture.

Data Processing and Analytics to Dominate the Computer Vision Technology Market for Agriculture (by Product)

The data processing and analytics segment in the computer vision technology market for agriculture is rapidly growing and plays a crucial role in modern farming practices. A report on the “Environmental Benefits of Precision Agriculture in the U.S.” highlights that adopting precision agriculture technologies has resulted in avoiding the application of an estimated 30 million pounds of herbicide. Furthermore, there is potential to avoid an additional 48 million pounds of herbicide with broader adoption of precision agriculture. This underscores the importance of raising awareness about the adoption of advanced technologies such as computer vision in agriculture. Such technologies assist farms in identifying and controlling weed growth at an early stage, preventing the unnecessary overuse of herbicides. This not only benefits the environment but also contributes to more efficient and sustainable farming practices.

Data processing and analytics empower computer vision providers by enhancing the accuracy and efficiency of image recognition algorithms. Through the analysis of vast datasets, these providers can refine their models, improving object detection and classification. Real-time processing enables quicker decision-making in applications such as autonomous vehicles and surveillance. Overall, data-driven insights contribute to the continual advancement and optimization of computer vision systems.

In recent years, the use of computer vision technology in agriculture has grown significantly worldwide, with North America leading the way in its adoption. Precision agriculture initiatives, such as automated crop monitoring and yield prediction, have propelled the region to the forefront, reflecting a progressive approach to enhance agricultural efficiency. For example, in 2020, the University of California, Davis, utilized drones equipped with computer vision for a study. It gathered data on crop health and growth, revealing the technology’s ability to detect early signs of disease and pests. This breakthrough resulted in reduced pesticide use and increased crop yields. The integration of automated drone surveillance and AI-driven image analysis tools on farms underscores North America’s dedication to leveraging advanced technologies for enhanced crop management.

The swift adoption of precision agriculture is also driving the growth of the computer vision technology market for agriculture in North American countries. The integration of AI and computer vision in precision farming is proving to be highly beneficial by optimizing planting, irrigation, and fertilization based on real-time data and can bring about significant input cost savings. According to a report from the Precision Agriculture Development Trust published in 2022, precision farming has the potential to boost crop yields by up to 30%, highlighting the substantial positive impact of technology on modern agriculture practices.

Demand – Drivers, Challenges, and Opportunities

Market Drivers: Advancement of Deep Learning Techniques

Deep learning (DL), a pivotal aspect of artificial intelligence, harnesses artificial neural networks (ANNs) to glean insights from vast datasets and execute diverse tasks. Particularly impactful in computer vision (CV), which pertains to the interpretation and processing of visual information, DL’s applications in agriculture are extensive.In this sector, it facilitates tasks such as crop monitoring, autonomous harvesting, weather analytics, animal health tracking, and plant disease diagnosis.For CV technology providers in agriculture, DL brings multifaceted advantages. It enhances model accuracy and complexity by assimilating insights from extensive data, reducing the risk and cost of crop failures through weather and soil condition analysis, and maximizing crop yield and quality by identifying diseases and optimizing harvesting.

Market Challenges: Navigating Data Ownership and Privacy Challenges

The integration of artificial intelligence (AI) and computer vision in farming and breeding relies heavily on processing data from remote sensors, UAVs, and satellites. While many farmers embrace digitalization, some hesitate to share data due to the lack of clear legal frameworks on issues such as ownership, privacy, cybersecurity, and liability. Some companies have unlawfully shared farm data, raising concerns about data privacy among farmers.The major stakeholders in agricultural data include farmers, agricultural technology providers, input companies, and governments. Computer vision adoption raises concerns about data exposure and identity disclosure to hackers. A survey by the American Farm Bureau Federation revealed that over 75% of farmers worry about data ownership and potential regulatory use, while 60% fear companies influencing market decisions using their agricultural data.

Market Opportunities: Fostering Digital Agriculture through Global Government Initiatives

Government initiatives to promote digital agriculture encompass public-private partnerships and the establishment of a supportive environment for companies, be they established or startups, to introduce computer vision-based products. Notably, the U.S. Department of Agriculture has launched diverse programs leveraging computer vision in agricultural facets such as production, food supply chain, sensor development, ecosystem management, and rural community support. Robotic solutions for tasks such as pollination, pesticide application, weeding, and harvesting are also promoted. The American Research Service collaborates with companies to integrate computer vision and AI in livestock monitoring, irrigation analysis, robotic harvesting, and drone-based crop health monitoring.In India, the state government of Karnataka entered a memorandum of understanding (MoU) with Microsoft in 2007, aiming to enhance agricultural productivity through innovative technologies, primarily computer vision. The Indian government further partnered with IBM to deploy the AI-based Watson Decision Platform for Agriculture, offering accurate weather forecasts and soil information to empower local farmers in making informed decisions on crop and water management. This trend is anticipated to proliferate globally, fostering increased opportunities in the IoT-driven agriculture industry.

Key Market Players and Competition Synopsis

Some of the prominent companies in this market are:

Climate LLCGranular Inc.IBM CorporationCeres ImagingDeere & CompanyProspera TechnologiesAgEagle Aerial Systems Inc (MicaSense)TaranisPrecisionHawk, Inc.GamayaPlantixDJIIteris, Inc.CropIn Technology SolutionsHIPHEN (SlantRange, Inc.)

Segmentation by Application

Biotic Stress MonitoringHarvest Dynamic MonitoringAutonomous Equipment ControlAbiotic Stress Monitoring

Segmentation by Product

Data Processing and AnalyticsOperational Integration and Automation

Segmentation by Region

North America: U.S. and CanadaEurope: France, Germany, Spain, Italy, Belgium, Bulgaria, Ukraine, U.K., and Rest-of-EuropeAsia-Pacific: China, India, Japan, Australia and Rest-of-Asia-PacificLatin America: Brazil and MexicoMiddle East and Africa: Turkey, South Africa, and Rest-of-Middle East and Africa

For more information about this report visit https://www.researchandmarkets.com/r/dvzznp

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/C O R R E C T I O N from Source — Carbon Upcycling Technologies Inc./

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In the news release, Carbon Upcycling, Minnesota DOT and National Road Research Alliance Joint Study Shows High-Performance Low-Carbon Concrete is 30% Stronger than Existing Roadways, issued 12-Nov-2024 by Carbon Upcycling Technologies Inc. over CNW, we are advised by the company that corrections were made to the release. The complete, corected release follows:

Carbon Upcycling, Minnesota DOT and National Road Research Alliance Joint Study Shows High-Performance Low-Carbon Concrete is Stronger than Existing Roadways

Carbon Upcycling’s concrete mix demonstrated a 28% increase in strength at 28 days, while reducing cementitious content by 12.3%, setting a new standard for low-carbon sustainable infrastructure

CALGARY, AB, Nov. 12, 2024 /CNW/ – Carbon Upcycling Technologies, Inc. (Carbon Upcycling), a leader in decarbonization and carbon capture & utilization (CCU) for hard-to-abate industries, along with, the Minnesota Department of Transportation (MnDOT) and the National Road Research Alliance (NRRA) has successfully completed the construction phase of a multi-year study on the use of low-carbon cement in highways. The results highlight Carbon Upcycling’s ability to be a drop-in solution for reducing carbon-intensive cement in concrete.

The study, managed by Sutter Engineering LLC and sponsored by the National Road Research Alliance (NRRA), rigorously tested 16 unique concrete mixtures in real-world conditions on an active Minnesota highway to identify options that could reduce the carbon footprint of infrastructure without sacrificing strength or durability. Completed in early 2024, the study aimed to find materials that could significantly lower the carbon footprint of concrete paving without compromising durability. Carbon Upcycling’s CO2-enhanced mix achieved a 12.3% reduction in cement content while matching the workability of traditional concrete, allowing seamless handling, placement, and setting times for construction crews. These findings provide valuable data to guide future low-carbon infrastructure projects across North America, as the seamless integration into existing workflows offers a drop-in, low-carbon alternative without compromising ease of use or performance.

The study revealed significant performance and environmental benefits of Carbon Upcycling’s concrete mix:

Increased Strength: 28% stronger at 28 days compared to the advanced control concrete.Reduced Cement Use: The CCU process allowed a 12.3% reduction in cementitious material, effectively reducing both carbon emissions and material costs.Greater Resiliency to Natural Elements: 32% increase in chloride resistivity for more durable concrete.

“Infrastructure is the very foundation of a sustainable future, and at Carbon Upcycling we’re committed to creating materials that support this vision while establishing a secure, stable North American supply chain,” said Apoorv Sinha, CEO of Carbon Upcycling. “Our collaboration with the Minnesota Department of Transportation highlights how Carbon Upcycling can transform captured emissions into local materials that strengthen our infrastructure. By focusing on resilience and sustainability, we’re contributing to a vision where our essential structures are clean and built to last.”

Carbon Upcycling partnered with BURNCO to deploy and test 140 m³ of its CCU-enhanced concrete mix, monitored by Larry Sutter, Principal Engineer at Sutter Engineering LLC, for strength, workability, and environmental impact on a Minnesota highway.

“Carbon Upcycling submitted a very impressive mixture design to the trial,” said Larry Sutter, MnDOT’s Principal Engineer and the project’s technical manager. “Their material not only achieved the highest reduction in cementitious content among all submissions but also demonstrated remarkable strength. By embedding CO2 and reducing the reliance on portland cement, Carbon Upcycling’s technology addresses one of the concrete industry’s most pressing challenges—lowering its carbon footprint as global demand for cement is expected to double by 2050. This project data will be invaluable as the industry works toward its 2030 CO2 reduction targets.”

Since 2021, Carbon Upcycling has deployed over 3,000 tonnes of low-carbon cement and has attracted investment from some of the world’s largest cement industry players such as Cemex, CRH and Titan Cement.

About Carbon Upcycling Technologies:
Carbon Upcycling is a decarbonization and carbon capture & utilization technology provider for the world’s hardest-to-abate industries. The company’s commercial technology upcycles point-source industrial CO2 emissions and local industrial waste materials into high-performance, low-carbon cement alternatives. The company is currently commissioning its first-of-a-kind commercial system at Canada’s largest cement plant. Carbon Upcycling has received global recognition for its industry-leading innovation. Notably, Carbon Upcycling was named a 2023 and 2024 Global Cleantech 100, Reuter’s Top 100 Innovators Leading the Energy Transition, and a World Economic Forum 2024 Technology Pioneer.

For more information, visit www.carbonupcycling.com.

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SOURCE Carbon Upcycling Technologies Inc.

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Massachusetts Community Colleges Partner with AMSimpkins & Associates to Implement their S.A.F.E. Platform in Efforts to Combat Student Applicant Fraud

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This partnership marks a significant milestone for Massachusetts Community Colleges in their efforts to prevent fraud and ensure equitable access to education. The implementation of S.A.F.E. will provide the institutions with cutting-edge technology and reliable safeguards, solidifying their reputation as forward-thinking leaders in the fight against student application fraud.

ATLANTA, Nov. 15, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates, a leader in cutting-edge cybersecurity solutions for educational institutions, is proud to announce that Massachusetts Community Colleges have selected the S.A.F.E. (Student Application Fraudulent Examination) platform to bolster their efforts in preventing and detecting student application fraud. This strategic move underscores Massachusetts’ commitment to maintaining the integrity of its admissions process and ensuring that valuable educational resources reach legitimate students.

“We’re excited to partner with Massachusetts Community Colleges and support their mission to provide quality education to genuine, eligible students.”

In recent years, fraudulent applications and financial aid scams have become increasingly pervasive issues, especially as institutions pivot towards more digital and remote application processes. By adopting the S.A.F.E. platform, Massachusetts Community Colleges are taking a proactive stance to safeguard their institutions against evolving fraud tactics.

S.A.F.E., developed by AMSimpkins & Associates, is a comprehensive fraud detection and prevention solution that leverages advanced data analytics, artificial intelligence (AI), machine learning algorithms, and real-time monitoring to identify potentially fraudulent activity within the student application and financial aid processes. With over 50 colleges and universities already utilizing the S.A.F.E. platform, Massachusetts Community Colleges now join a growing community of educational institutions committed to integrity, transparency, and security.

“S.A.F.E. is built from the ground up with the unique needs of higher education institutions in mind,” said Maurice Simpkins, President of AMSimpkins & Associates. “With our deep understanding of the higher education landscape, we’ve created a solution that not only detects and prevents fraud but also allows institutions to seamlessly integrate these checks into their admissions workflows. We’re excited to partner with Massachusetts Community Colleges and support their mission to provide quality education to genuine, eligible students.”

The S.A.F.E. platform offers a robust set of features to prevent and detect fraudulent applications, including:

Real-time Identity Verification: Through partnerships with industry-leading identity verification services, S.A.F.E. ensures that applicants are who they claim to be by cross-referencing multiple data points, including Social Security Number validation, address checks, and real-time ID verification.AI-Driven Anomaly Detection: S.A.F.E. continuously monitors and learns from application data patterns, enabling it to detect suspicious behaviors that could indicate fraudulent activity.Geo-Blocking and Risk Scoring: Institutions can customize geo-blocking settings to restrict access from high-risk regions and employ dynamic risk scoring based on user interactions, device profiling, and behavior analytics.Customizable Fraud Rules and Policies: The platform allows administrators to set specific fraud thresholds and responses, tailoring the system’s sensitivity to meet the unique needs of each college or university.Real-time Alerts and Data Sharing: S.A.F.E. sends real-time alerts to designated stakeholders if suspicious activities are detected, allowing for quick responses and preventative actions.Additionally, the platform facilitates data sharing across institutions to block repeated offenders system-wide.

In addition to its fraud prevention features, AMSimpkins & Associates also provides cybersecurity consulting and support through partnerships with Cybersecurity organizations, adding another layer of protection for Massachusetts Community Colleges. This comprehensive approach aligns perfectly with the state’s vision of creating a secure and resilient higher education environment.

About AMSimpkins & Associates

AMSimpkins & Associates is an industry-leading provider of cybersecurity solutions focused on safeguarding educational institutions. Their flagship product, S.A.F.E. (Student Application Fraudulent Examination), is specifically designed to address the complex challenges of fraud in higher education admissions and financial aid. By partnering with colleges, universities, and technology providers, AMSimpkins & Associates is committed to maintaining the integrity of education by keeping students and institutions safe from fraud.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com

Media Contact

LAQWACIA SIMPKINS, AMSimpkins and Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, AMSimpkins and Associates

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bswift Acquires Evive: Launches Integrated Personalized Engagement Platform

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bswift announces a fully integrated personalized engagement solution aimed at delivering better health care outcomes through data-driven personalization, predictive analytics, and behavioral science. 

CHICAGO, Nov. 15, 2024 /PRNewswire/ — bswift LLC, an industry leader in employee benefits technology and administration, announced today the launch of its fully-integrated personalization and engagement engine. This solution is a result of bswift’s recent acquisition of Evive Health, LLC, a pioneer in the field with a demonstrated track record of driving outcomes for employees, employers and health plans by optimizing benefit understanding and utilization, resources, and programs for millions of Americans. 

“By bringing bswift and Evive together, we have integrated a powerful engagement platform,” – bswift CEO, Ted Bloomberg.

With this exciting investment, bswift reinforces its mission to lead the benefits administration space and strengthens its role as a strategic ally for its clients – empowering them to deliver on their benefits strategies by motivating plan participants to manage their health and wellbeing proactively.

“Our clients and partners consistently tell us that member engagement, personalized experiences, and cost management are their top strategic priorities today and in the foreseeable future,” said bswift CEO, Ted Bloomberg. “By bringing bswift and Evive together, we have integrated a powerful engagement platform into our core benefits administration solution. That is a first, and we are delighted to immediately and directly support employers’ critical priorities with proven, industry-leading capabilities.” 

Using data-driven personalization and the power of predictive analytics and behavioral science, bswift’s personalization toolset is proven to increase benefits awareness, engagement, and utilization by delivering tailored and actionable messages about the right benefit at the right time. Demonstrated results include driving a 3X increase in health actions recommended by qualified providers, and a 12% increase in annual preventative care screening visits. 

“We’re thrilled to be the first in our market to deliver this supercharged engagement capability across all aspects of the user experience,” said bswift Executive Vice President of Product, Matt Waldrup. “bswift is completely reimagining the benefits experience with personalized, data-driven, multi-channel communications that engage employees across their physical, emotional, financial, and personal wellbeing, empowering people to make the most of their benefits.” 

bswift’s new personalization engine empowers employers and employees: 

Personalized, next-best-action journeysReward and incentive-based gamification to boost engagementOn-the-go access to benefits and incentive activities via mobile appRobust analytics and reporting for HR teams to track campaign ROI and engagement metrics

Employers can now leverage bswift’s expertise to systematically deliver smarter, more relevant communications to promote healthier habits, optimize benefit utilization – and maximize employee health outcomes. 

About bswift 
bswift LLC offers cloud-based technology and services that transform the way employees perceive and engage with their benefits. With adaptive technology, service excellence, and compassionate service, bswift serves millions worldwide. Their comprehensive suite of solutions provides intuitive, personalized online enrollment, interactive decision support, ACA compliance reporting, and employee engagement. Visit www.bswift.com to learn more. 

About Evive 

Evive is a digital communications and engagement platform that helps health plans and employers optimize the benefits, resources and programs they offer their employees. Using data-driven personalization, closed-loop engagement reporting and the power of predictive analytics and behavioral science, Evive increases benefits awareness, engagement and utilization to deliver the right message about the right benefit at the right time. Visit www.goevive.com to learn more.

Media Contact: 
Zoya Siddiqui 
Senior Director, Marketing 
zsiddiqui@bswift.com

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