In-Depth Artificial Intelligence (AI) In Sustainable Fisheries And Aquaculture Market Report: Business Trends, Growth Factors, and Forecast to 2029
Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.
Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.
What Does the Forecast Indicate for the Artificial Intelligence (AI) In Sustainable Fisheries And Aquaculture Market From 2025 to 2029?
The market size for artificial intelligence (AI) in sustainable fisheries and aquaculture has seen quick growth in the past few years. Predicted to increase from $0.69 billion in 2024 to $0.79 billion in 2025, this represents a compound annual growth rate (CAGR) of 14.9%. Factors such as the rise in demand for sustainable seafood, the escalating adoption of AI technologies within aquaculture, a growing consumer preference towards eco-friendly seafood, coupled with increased government assistance and regulations are all key contributors to this historic growth.
The market size for artificial intelligence (AI) in sustainable fisheries and aquaculture is predicted to experience a significant growth spurt in the coming years, expanding to $1.4 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 15.3%. Factors contributing to this growth over the forecasted period include escalating environmental and sustainability apprehensions, expanding utilization of real-time fish health surveillance, growing necessity for optimizing feed and resources, increased amalgamation of IoT for monitoring water quality, and the surge of urbanization driving the desire for sustainable seafood. Key trends for the same period would encompass progress in AI-supported feeding systems, blending of AI with IoT for water surveillance, technology-fueled resource optimization, strides in machine learning for estimating biomass, and advancements in robotics for farm mechanization.
Download The Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=23624&type=smp
What Elements Are Contributing To Growth In The Artificial Intelligence (AI) In Sustainable Fisheries And Aquaculture Market?
The surge in the requirement for sustainable fishery production is set to enhance the expansion of the market for AI in sustainable fisheries and aquaculture. Sustainable seafood production involves the farming or harvesting of seafood in a manner that promises long-term preservation of fresh and marine water ecosystems, manages species populations effectively, and aids in maintaining the economy of communities relying on them. A rising consciousness regarding overexploitation of fisheries and marine habitat devastation has contributed to an increased demand for sustainable seafood production. Consumers are gradually resorting to seafood procured via sustainable methods in order to safeguard ocean ecosystems. AI plays a crucial part in advancing sustainable seafood production by upgrading fishery management, boosting aquaculture performance, conserving ecosystems, and guaranteeing traceability from the ocean to the table. For instance, data from the Department of Agriculture, Fisheries, and Forestry, compiled by the Australian Bureau of Agricultural and Resource Economics, a government agency based in Australia, pointed out in March 2024 that aquaculture’s share of seafood production value is predicted to rise from 60% in 2023-24 to 64% by 2028-29, indicating an escalating demand for premium seafood, with a total actual value projected to reach $2.21 billion by 2028-29. Hence, the increasing demand for sustainable seafood production is facilitating the growth of the AI in the sustainable fisheries and aquaculture market.
Which Segments Are Detailed In The Global Artificial Intelligence (AI) In Sustainable Fisheries And Aquaculture Market Report?
The artificial intelligence (ai) in sustainable fisheries and aquaculturemarket covered in this report is segmented –
1) By Technology: Machine Learning, Computer Vision, IoT And Remote Sensing Integration, Robotics And Autonomous Systems
2) By Application: Aquaculture Monitoring And Control, Fish Health Monitoring And Disease Detection, Feed Management And Optimization, Water Quality Monitoring, Stock Management And Yield Prediction
3) By End-User: Commercial Fish Farms, Small-And Medium-Sized Aquaculture Farms, Other End-users
Subsegments:
1) By Machine Learning: Predictive Analytics, Resource Optimization Models, Fish Population Modeling, Yield Forecasting
2) By Computer Vision: Fish Species Identification, Behavior Analysis, Habitat Monitoring, Underwater Object Detection
3) By IoT And Remote Sensing Integration: Sensor Networks for Water Quality Monitoring, Satellite-Based Fishery Surveillance, IoT-Enabled Aquaculture Systems, Remote Environmental Monitoring
4) By Robotics And Autonomous Systems: Automated Feeding Systems, Autonomous Underwater Vehicles (AUVs), Net Cleaning Robots, Robotic Fish Harvesting Systems
What Notable Trends Are Shaping The Direction Of The Artificial Intelligence (AI) In Sustainable Fisheries And Aquaculture Market?
Leading entities in the AI in sustainable fisheries and aquaculture market are prioritizing innovations such as AI-integrated cameras for real-time monitoring and predictive analytics in the fishing industry. An AI camera, a smart device that utilizes artificial intelligence to instantly process and interpret video or image data, enables automated tasks, such as environmental monitoring or object identification. For example, in July 2024, ReelData, a software firm based in Canada, introduced an AI-powered camera for aquaculture which records high-resolution videos. This aids in tracking behavior, managing feeding, and monitoring the health of fish, thereby facilitating better decision-making and improving farm productivity.
Who Are The Key Contributors To Growth In The Artificial Intelligence (AI) In Sustainable Fisheries And Aquaculture Market?
Major companies operating in the artificial intelligence (AI) in sustainable fisheries and aquaculture market are International Business Machines Corporation, SoftBank & Aizip, Kongsberg Gruppen, Skretting, eFishery, AKVA Group, AZTI, Osmo Systems, Aquabyte, Qysea, ReelData, XpertSea Solutions Inc., Manolin, Innovasea, Aquaconnect, Seashell AI (The Fish Site), Fishtek Marine, Umitron, Tidal X, Shieldbase AI
Get The Full Report Here:
Which Region Is Projected To Lead The Artificial Intelligence (AI) In Sustainable Fisheries And Aquaculture Market By 2025?
Asia-Pacific was the largest region in the AI in sustainable fisheries and aquaculture market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in sustainable fisheries and aquaculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request For A Customized Report:
https://www.thebusinessresearchcompany.com/customise?id=23624&type=smp
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
