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Agriculture Equipment Market – Active Promotion of Sustainable Agricultural Practices by Governments in Developing Economies to Fuel the Market Growth

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Pune, June 02, 2020 (GLOBE NEWSWIRE) — The global agriculture equipment market size is set to reach USD 227.76 billion by 2026, exhibiting a CAGR of 7.2% during the forecast period. Escalating demand for high agricultural productivity worldwide will be the primary growth propeller for this market, finds Fortune Business Insights™ in its new report, titled “Agriculture Equipment Market Size, Share & Industry Analysis, By Equipment Type (Agriculture Tractors, Harvesting Equipment, Irrigation & Crop Processing Equipment, Agriculture Spraying & Handling Equipment, Soil Preparation & Cultivation Equipment and Others (Hay & Forage Equipment, trailers, etc.), By Application (Land Development, Threshing and Harvesting, Plant Protection, After Agro Processing), and Regional Forecast, 2019-2026”.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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Please visit: https://www.fortunebusinessinsights.com/agriculture-equipment-market-102665

The UN Department of Economic and Social Affairs (DESA) projects that world population will be around 8.5 billion by 2030 and 9.7 billion by 2050. Majority of this growth will be concentrated in the developing countries of Asia and Africa. Thus, boosting agriculture productivity is of the essence not only to feed so many people, but also to empower a large chunk of the global population to sustain their livelihoods. According to the World Bank, agriculture-based growth can prove to be two to four times more effective in raising incomes in the poorest sections of the world as compared to other sectors. Thus, rapid ly growing population will lead the agriculture equipment market trends in the upcoming decade.
The report states that the value of this market stood at USD 131.25 billion in 2018. The other highlights of the report include:Comprehensive insights into the trends, drivers, and various other aspects of the market;Detailed analysis of the factors restricting the growth of the market;Exhaustive study of the different market segments; and In-depth evaluation of the regional prospects and the competitive dynamics influencing the marketIncreasing Adoption of AI in Agriculture to Feed Market GrowthAgricultural operations are increasingly becoming automated due to the increasing application of smart technologies such as Artificial Intelligence (AI). The UN Food and Agriculture Organization (FAO) postulates that AI in agriculture is encompassing three major areas of predictive analytics, soil and crop monitoring, and agriculture robotics. Rising emphasis on making agricultural activities smarter, more economical, and highly efficient has made AI an extremely attractive option for the farming communities in developing nations. For instance, in 2017, a research study was published in the botany journal, Frontiers in Plant Science, which illustrated how researchers used Google’s open source library TensorFlow to build a library of images of the cassava plant leaves grown in Tanzania. The AI tool they deployed was able to identify disease in the plant with 98% accuracy. Thus, extensive usage of AI in agriculture is slated to broaden the agriculture equipment market outlook during the forecast period.Regional InsightsAsia-Pacific to Lead the Pack; North America to Experience Strong GrowthHaving generated USD 47.85 billion in revenue in 2018, Asia-Pacific is poised to dominate the market share of the agriculture equipment, in the forthcoming years, mainly owing to high dependence on agriculture in India and China. Moreover, increasing governmental investment in modernization of farming activities is creating multiple incentives of industry leaders to enter the market in these countries and market their products.In North America, growing demand of fuel- and energy-efficient agricultural machinery and rapid adoption of advanced equipment will drive the market growth. On the other hand, severe shortage of laborers is inducing farmers and cultivators in Europe to employ highly mechanized equipment in agricultural operations.Rising Interest in Emerging Economies by Foreign Players to Energize CompetitionThe agriculture equipment market forecast predicts that the gradual shift of focus of companies in industrial economies toward developing nations will intensify competition in this market. Many agriculture sector giants such as Deere & Company and Kubota Corporation are entering into partnerships with domestic players in Asia and Africa to establish their network in these regions.Industry Developments:March 2020: The Escorts Group, the Indian engineering bigwig, announced that the Japan-based Kubota Corporation will be investing in the company through purchase of 10% share at a value of Rs. 1042crores. This equity-based partnership will make the companies a global hub for agriculture equipment manufacturing.July 2019: International Tractors Limited (ITL) launched two new agriculture equipment brands, Yanmar and Solis. These brands will sell farming machinery and equipment alongside Sonalika, the company’s domestic tractor brand. With this launch, ITL hopes to crystallize its position in the Indian agriculture equipment domain.
List of Key Players Covered in the Agriculture Equipment Market Report are:
International Tractors LimitedValmont Industries, Inc.Claas KGaA mbHMahindra & Mahindra Ltd.Alamo Group Inc.Deere & CompanySDF S.p.A.China National Machinery Industry CorporationIseki & Co., Ltd.Kubota CorporationAGCO Corporation
Get your Customized Research Report:
https://www.fortunebusinessinsights.com/enquiry/customization/agriculture-equipment-market-102665

Detailed Table of Content
IntroductionDefinition, By SegmentResearch ApproachSourcesExecutive SummaryMarket DynamicsDrivers, Restraints and OpportunitiesEmerging TrendsKey InsightsMacro and Micro Economic IndicatorsConsolidated SWOT Analysis of Key PlayersPorter’s Five Force AnalysisGlobal Agriculture Equipment Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Sizing Estimations and Forecasts – By Equipment Type (Value)Agriculture TractorsHarvesting EquipmentIrrigation & Crop Processing EquipmentAgriculture Spraying & Handling EquipmentSoil Preparation & Cultivation EquipmentOthers (Hay & Forage Equipment, trailers, etc.)Market Sizing Estimations and Forecasts – By Application (Value)Land DevelopmentThreshing and HarvestingPlant ProtectionAfter Agro ProcessingMarket Analysis, Insights and Forecast – By Region (Value)North AmericaEuropeAsia PacificMiddle East & AfricaLatin AmericaContinued…!!!

Have a Look at Related Research Insights:
Precision Agriculture Market Size, Share & Industry Analysis, By Component (Hardware, Software, Services), By Technology (Remote Sensing, GPS/GNSS Systems, Variable Rate Technology (VRT), Guidance Software, Geomapping), By Application (Crop Management, Financial management, Weather Forecasting, Person and Inventory Management, Irrigation Management) and Regional Forecast, 2019-2026Connected Agriculture Market Size, Share & Industry Analysis, By Component (Solutions, Services), By Application (Pre-Production Management, In-Production Management, Post-Production Management) and Regional Forecast, 2019-2026
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Contact Us:
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Artificial Intelligence

CUJO AI Hits 3 Billion Devices, With EE Also Revealed As Latest Client

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CUJO AI is the first device intelligence and cybersecurity service provider to reach an unprecedented scale within carrier production networks.
LOS ANGELES, May 22, 2024 /PRNewswire/ — CUJO AI, the global leader in AI-driven cybersecurity and device intelligence, has reached an unprecedented scale, with over 3 billion devices identified and protected by its solutions worldwide. This significant milestone coincides with the confirmation of its collaboration with EE, one of the United Kingdom’s leading telecommunications providers.

With billions of devices connecting to the internet, the role of CUJO AI in shaping the future of digital security through device intelligence has never been more critical. By leveraging advanced AI and machine learning algorithms, CUJO AI offers network operators and service providers unparalleled insights into device behaviour, security needs, and operational health. These capabilities enable network service providers to optimize network management, enhance user experiences, and provide robust security measures that proactively protect against emerging threats.
“Crossing the 3 billion device threshold is not just a testament to our technological prowess, but also to the trust we have built with leading telecom giants around the world, including our latest engagement with EE,” said Remko Vos, CEO of CUJO AI. “This relationship reflects our shared vision to provide a secure and superior digital experience by leveraging our AI-driven solutions to protect users worldwide.”
CUJO AI has been working with EE to provide integrated cybersecurity solutions for its latest range of home routers launched last year, including support for the newly launched Smart Hub Plus.
Trusted by global telecommunications giants like Comcast, Charter Communications, TELUS, Sky Italia, Sky UK, Rogers, Cox, Shaw, and Videotron, EE CUJO AI provides actionable, real-time data insights. This translates into superior network management, heightened security, and unmatched customer satisfaction.
About CUJO AI
CUJO AI enhances the ability to understand, serve, and protect their customers with advanced cybersecurity, along with granular network and device intelligence for network service providers. Covering 3 billion connected devices, CUJO AI’s advanced AI algorithms assist clients in uncovering previously unavailable insights, thereby elevating customer experience and retention through new value propositions and superior operational services. Fully compliant with all privacy regulations, CUJO AI’s services are trusted by the largest broadband operators worldwide, including Comcast, Charter Communications, BT (EE), TELUS, Sky Italia, Sky UK, Rogers, Cox, Shaw, and Videotron. More information is available at https://cujo.com.
CONTACT: Viktorija Vilke, [email protected]
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EDGNEX Data Centres by DAMAC Announces a 15 MW Data Center Investment in Indonesia

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JAKARTA, Indonesia, May 22, 2024 /PRNewswire/ — EDGNEX Data Centres by DAMAC, a global digital infrastructure provider and part of the DAMAC Group, has announced its investment into the Indonesian market with a state-of-the-art data center to be built in Jakarta. This announcement was made at the Indonesia Cloud & Datacenter Convention 2024 on May 16, 2024. The first phase of the construction is scheduled to be completed in the fourth quarter of 2025, marking a significant step in the company’s strategic efforts to support the dynamic digital economy and startup ecosystem in Southeast Asia’s fastest-growing country.[1]

Indonesia, as the largest economy in Southeast Asia, experienced a growth rate of 5% year-on-year from January to March 2023. Currently, Jakarta is preparing to increase its data center capacity to 1GW. To support this growth, more colocation data centers adhering to sustainable Tier III standards and offering high uptime and reliability are needed to meet the rising demand for internet usage in the region.[2]
In response to these needs, EDGNEX is providing a foundation for innovation and disrupting the data center market by delivering advanced technology to meet the increasing demand from Cloud Service Providers (CSP) and AI deployments.[3]
Hussain Sajwani, Founder and Chairman of the DAMAC Group, commented, “EDGNEX identifies and invests in present and next-generation digital hubs. The government’s robust digitalisation efforts, high internet penetration and a tech-savvy, youthful demographic, necessitate advanced infrastructure to support the burgeoning digital economy. With this announcement we are pleased to support the government’s efforts and to bring our expertise in setting new standards for data centres in Southeast Asia, catalysing further technological innovation and growth across the region.”
The new data center is strategically located in MT Haryono, Jakarta, just 3 kilometers from one of the most interconnected data center clusters – the most important internet exchange point in central Jakarta. This facility will have dual road access and excellent fiber optic connectivity, ensuring enhanced service reliability and superior performance to meet the evolving demands of customers.
Danish Nayar, SVP of Investments and Acquisitions, DAMAC Capital, added: “We are excited by the growth opportunities in Jakarta. Our new facility in downtown Jakarta will address the growing demand for Cloud Service Providers, Edge Nodes, and potential Artificial Intelligence deployments. We are also investing in a similar format across SEA and globally.”
[1]Data Center Trends Report Equinix 2023[2] Data Center Trends Report Equinix 2023 [3] Equinix: Southeast Asian Markets are Emerging as a Powerhouse for Digital Growth
About EDGNEX
EDGNEX is a global digital infrastructure company headquartered in Dubai, United Arab Emirates. It is a wholly owned subsidiary of the DAMAC Group. EDGNEX is providing a foundation for local innovation across the globe and disrupting the data centre market with new speed and agility. It proactively builds, buys, or partners to serve the next wave of demand for data centre services. 
Where We Go, Others Follow. www.edgnex.com
For media inquiries, please contact:Image DynamicsNajla [email protected]+62813-2090-9717Angelina [email protected]+62812-9942-7117
 
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VisionFlow Launches Talkit: Revolutionizing language learning with a westworld-like immersive 3D world

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PARIS, May 22, 2024 /PRNewswire/ — VisionFlow, an innovative AI-native startup, announces the launch of Talkit in France, a 3D world app powered by generative AI that revolutionizes spoken English learning with a personalized, engaging, and immersive experience.

From May 22 to 25, VisionFlow will showcase Talkit at VivaTechnology, demonstrating its capabilities on both smartphones and the Apple Vision Pro headset for an enhanced immersive experience. Following its initial launch, Talkit will also be available on Google Play and Apple Vision Pro in June.
Talkit differentiates itself from traditional teaching methods by offering an exceptionally adaptive approach to language learning. Users are immersed in a virtual world where they can improve their spoken English skills through real-time, tailored scenarios. With customizable avatars, users can choose from various learning themes, such as preparing for travel, practicing for interviews, and even simulating medical emergencies, all accessible from their smartphones anytime, anywhere.
VisionFlow leverages generative AI technologies to power the engaging learning experience in Talkit. It is a scenario creation loop that personalizes content, difficulty levels, and interactive experiences. This dynamic, seamless, and exclusive generation process adjusts learning points to each user’s language proficiency.
By analyzing users’ input and progress, Talkit breaks down learning goals and needs into multiple personalized scenarios and exercises, helping them truly improve their language expression and communication skills.
As users continue to interact with avatars, their conversations are continuously memorized, enabling Talkit to better understand each user over time, thereby fostering a strong sense of connection with the virtual characters.
About VisionFlow
Founded by Leo Liu in 2023, VisionFlow aims to create a 3D world for 2 billion language learners worldwide, delivering a personalized and immersive language learning experience. Leo Liu is a renowned AI educational technology entrepreneur, founder of the unicorn Knowbox, and the driving force behind the Homework Box AI learning app, which is used by over 100,000 schools and 100 million students to improve their grades. VisionFlow’s core team consists of experts from leading internet giants and top online education companies, bringing extensive expertise in AI products and technology, global growth strategies, and data-driven operations.
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