Artificial Intelligence In Military Market is expected to rise at a moderate CAGR during the forecast period from 2021 to 2027. There are various pivotal factors that are driving the global AI in military market, which includes growing defense industry and continuous integration of advanced technologies in defense sector. The countries are supporting the military expenditure with huge budget sanctions which as a result is propelling the purchasing and acquisition power of military organizations under the defense protocols. AI can be utilized in the development of autonomous and intelligent weapon systems, such as unmanned aerial, underwater and surface vehicles, as well as cruise missiles and military robotics. AI can be utilized for efficient processing of sensor information and raw intelligence. This incorporates automation of multi-sensor data fusion and intelligent sensing to leverage situational awareness. In addition, the adoption of cloud-based services is further expected to propel the market growth during the forecast period.
The land-based AI segment is estimated to occupy the major share in the market. Land-based AI systems are used to integrate and connect with the airborne and naval systems that offer new opportunities to leverage tactical capabilities. North America is estimated to have considerable market share in the Artificial Intelligence in military market. The major countries which are contributing in the North American market growth include the US and Canada. Along with the presence of major market players, the region marks the huge defense expenditure which as a result, is supporting the market growth. The key players operating in the Artificial Intelligence in military market include BAE Systems PLC, L3Harris Technologies, Inc., Northrop Grumman Corp., Rockwell Collins Inc., and IBM Corp. Along with these key market players, several other companies that are contributing a considerable share in the market include Charles River Analytics, Inc., General Dynamics Corp., Thales Group, Spark Cognition, Inc., SAIC, Raytheon Co., and Booz Allen Hamilton Inc.
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A full report of Global Artificial Intelligence In Military Market is available at: https://www.orionmarketreports.com/artificial-intelligence-in-military-market/43491/
The following Segmentation are covered in this report:
By Platform
- Airborne
- Land
- Naval
- Space
By Technology
- Machine Learning
- Natural Language Processing
- Context-Aware Computing
- Computer Vision
- Intelligent Virtual Agent
- Others
By Application
- Warfare Platforms
- Cybersecurity
- Logistics & Transportation
- Surveillance & Situational Awareness
- Command & Control
- Battlefield Healthcare
- Simulation & Training
- Threat Monitoring
- Information Processing
- Others
By Offering
- Hardware
- Software & Services
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Artificial Intelligence In Military Market.
- The market share of the global Artificial Intelligence In Military Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Artificial Intelligence In Military Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Artificial Intelligence In Military Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
