Artificial Intelligence Ai In Military Market By Applications Detailed Analysis, Growth Trends, Present And Expected Demand With Forecast To 2025

0
0

Key Players

The key players in the global artificial intelligence in the military market are Lockheed Martin Corporation (US), IBM (US), Raytheon Company (US), Northrop Grumman Corporation (US), Thales Group (France), BAE Systems (UK), General Dynamics Corporation (US), NVIDIA Corporation (US), Harris Corporation (US), Boeing (US), Leidos (US), SoarTech (US), SAIC (US), SparkCognition (US), and Charles River Analytics Inc. (US).

 

Market Highlights

The growth of the global artificial intelligence in the military market can be attributed to the increasing application of big data analytics and development of chipsets supporting AI. However, a lack of structured data and the absence of protocols and standards for the use of AI in military applications may hinder market growth.

The global artificial intelligence in the military market has been segmented based on offering, technology, platform, application, and region.

On the basis of offering, the market has been divided into hardware, software, and services. The software segment dominated the market in 2018 and is expected to register the highest CAGR during the forecast period. Software offers numerous capabilities such as battlefield healthcare data, language translation, and predictive maintenance.

Based on technology, the global artificial intelligence in the military market has been classified as advanced computing, AI systems, and learning and intelligence. The learning and intelligence segment dominated the market in 2018. However, the AI systems segment is expected to exhibit the highest CAGR during the forecast period. This growth can be attributed to increasing initiatives by the governments in countries such as the US for developing AI-powered weapons that offer enhanced targetting capabilities to army personnel.

On the basis of platform, the global artificial intelligence in the military market has been categorized as airborne, land, naval, and space. The land segment dominated the market in 2018. However, the airborne segment is expected to be the fastest-growing during the forecast period. The increasing use of AI by the Air Force for training and simulation is boosting market growth.

Based on application, the global artificial intelligence in the military market has been divided into logistics and transportation, target recognition, warfare platform, cybersecurity, battlefield healthcare, simulation and training, threat monitoring and situational awareness, information processing, and others. The information processing segment is expected to be the largest and fastest-growing during the forecast period. AI provides information processing capabilities to defense personnel enabling them to receive real-time data analysis that assists in effective planning.

Based on region, the global artificial intelligence in the military market has been segmented into North America, Europe, Asia-Pacific, and the Middle East. North America accounted for the largest market share in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR during the forecast period. Factors such as increasing defense expenditure and the growing adoption of AI by navies to develop advanced submarines is boosting market growth. For example, in 2018, the Chinese navy developed autonomous robotic submarines. The submarines assist in accomplishing critical missions without human intervention by making use of AI technology.

Access Report Details @ https://www.marketresearchfuture.com/reports/ai-in-military-market-7660   

 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.