Artificial Intelligence in Military Market Future Trends, Industry Size and Regional Forecast To 2030

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Global Artificial Intelligence in Military Market size was valued at USD 9.3 Bn in 2023 and is expected to reach USD 71.40 Bn by 2030, at a CAGR of 33.8%.

Artificial Intelligence in Military Market Overview


The use of artificial intelligence (AI) in military applications is revolutionizing modern warfare and propelling the development of defensive systems worldwide. This development is based on a number of pillars that together define the artificial intelligence landscape in the military market, both now and in the future. The potential of AI to completely transform military decision-making procedures is where its greatest influence will be felt. Artificial intelligence (AI) enables military leaders to react quickly and decisively to changing circumstances by analyzing data in real-time. This skill gives military forces a strategic advantage in difficult and quickly changing situations by greatly improving the efficiency and efficacy of resource allocation, strategic planning, and tactical execution. This aspect has grown to be crucial to the development and use of AI technology in the world's defense industries.

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Artificial Intelligence in Military Market Scope and Methodology:

The research methodology used in the report combines SWOT and descriptive analysis. Conducting a comprehensive analysis of the market Artificial Intelligence in Military is the main objective of the research. A variety of techniques, including surveys and questionnaires, are used in research. The results are then evaluated using numerical, statistical, and mathematical methods. Current market trends are shaped by both qualitative and quantitative methodologies.  

The following extra variables are taken into consideration when evaluating market opportunities: direct buyer encounters, research and development ventures, innovative techniques of research and development, market consolidation and acquisitions, and fresh industrial processes. Along with market leaders' tactics, organizational structure, portfolio analysis, thorough analysis, market trends, and microeconomic variables for SWOT analysis are all taken into account in this study.

Artificial Intelligence in Military Market Segmentation

by Offering

Software
Hardware
Services


Software is anticipated to hold the highest share of Artificial Intelligence in the Military Market by 2023, according to the Offering. The algorithms, neural networks, and AI models that make up an AI system's basic intelligence are all included in software offerings. Machine learning, computer vision, natural language processing, and other AI features essential for military applications are made possible by these software frameworks. Software solutions enable flexibility and customization to satisfy certain requirements of the military. They are designed to meet a variety of defense requirements, such as decision assistance, autonomous systems, cybersecurity, and intelligence analysis. Software development is where AI technologies are most rapidly evolving. Innovation and the incorporation of state-of-the-art capabilities in military AI systems are propelled by ongoing developments in AI algorithms, deep learning models, and software architectures.

by Technology

Machine Learning
Natural Language Processing (NLP)
Others

by Platform

Air-Based Platforms
Land-Based Platforms
Sea-Based Platforms
Space-Based Platforms

by Installation Type

Fixed Installations
Mobile Installations
Others

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Artificial Intelligence in Military Market Key Players

Global
1. Lockheed Martin (Bethesda, Maryland, USA)
2. Raytheon Company (Waltham, Massachusetts, USA)
3. Northrop Grumman (Falls Church, Virginia, USA)
4. Thales Group ( Paris, France, Thales )
5. IBM( Armonk, New York, USA, IBM )
North America
1. General Dynamics(Reston, Virginia, USA)
2. Nvidia(Santa Clara, California, USA)
3. Soartech( Ann Arbor, Michigan, USA)
4. SparkCognitio ( Austin, Texas, USA)
5. Charles River Analytics(Cambridge, Massachusetts, USA)
6. SAIC Corporation(Reston, Virginia, USA)
7. Boeing( Chicago, Illinois, USA)
8. Leidos( Reston, Virginia, USA)
9. GovBrain(Washington, D.C., USA)
10. SuperFlex( San Francisco, California, USA)
11. ShieldAI( San Diego, California, USA)
12. PrecisionHawk( Raleigh, North Carolina, USA)
13. DARPA(Arlington, Virginia, USA)
14. MRX Global Holding Corp.( Dallas, Texas, USA)
15. Hi-Tech Robotic System( Tallahassee, Florida, USA)
Europe
1. BAE Systems( London, United Kingdom)
Asia Pacific
2. Centaurus Technology(Bangkok, Thailand)
3. Machine Halo(Bangalore, India)

Artificial Intelligence in Military Market Regional Insights

It is essential to comprehend the intricate dynamics of the global Artificial Intelligence in Military business within the context of regional studies. The paper provides a framework for goods commerce between nations and regions. The study provides an international overview of the size and growth rate of the Artificial Intelligence in Military market. In many nations and areas, there is discussion over current business trends. Asia-Pacific, Europe, the Americas, the Middle East, and South Africa.

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Key questions answered in the Artificial Intelligence in Military Market are:

  • Which is the fastest growing region in the Artificial Intelligence in Military Market?
  • What is the growth rate of the Artificial Intelligence in Military Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Artificial Intelligence in Military Market?
  • Which are the factors expected to drive the Artificial Intelligence in Military Market growth?
  • What is the CAGR at which the Artificial Intelligence in Military market will grow during the forecast period?
  • What growth strategies are the players considering to increase their presence in Artificial Intelligence in Military?
  • Who are the leading companies and what are their portfolios in Artificial Intelligence in Military Market?
  • Who are the key players in the Artificial Intelligence in Military market?

Key Offerings:

  • Market Size, Share, Size Forecast by different segment 
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis

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