The artificial intelligence in military market size was valued at USD 5.54 trillion in 2016 and is projected to reach $ 18.82 Billion by 2025, at a CAGR of 14.75% during the forecast period. This report projects the artificial intelligence in military market size over the next 8 years while recognizing market application gaps, recent developments in the market, and high-potential countries. The artificial intelligence in military market has been segmented on the basis of platform (land, naval, airborne, and space), offering (hardware, software, and services), technology (learning & intelligence, advanced computing, and AI systems), application (information processing, warfare platform, threat monitoring & situational awareness, planning & allocation, cyber security, simulation & training, logistics & transportation, target recognition, battlefield healthcare, and others), and region. The base year considered for this report is 2016 and the forecast period is from 2017 to 2025.
Target Audience
• AI Technology Providers
• Universities and Research Organizations
• System Integrators
• AI Solution Providers
• AI Platform Providers
• Cloud Service Providers
• AI System Providers
• Investors and Venture Capitalists
Based on platform, the country segment is projected to lead the artificial intelligence in military market size.
Based on platform, the country segment is expected to lead the artificial intelligence in military industry from 2017 to 2025. Militaries worldwide are focused on integrating AI with land platforms. The incorporation of AI technology into unmanned ground vehicle assists in the successful execution of various ground operations, such as disabling Improvised Explosive Devices (IEDs) and other types of roadside bombs intended to cripple military patrols and convoys.
Artificial Intelligence in Military Market Size, By Application
• Cyber Security
• Logistics & Transportation
• Target Recognition
• Battlefield Healthcare
• Simulation & Training
• Planning & Allocation
• Threat Monitoring & Situational Awareness
• Information Processing
• Others
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Based on offering, the market segment of artificial intelligence in the military market is growing at the highest CAGR during the forecast period.
Based on offering, the artificial intelligence in military market has been segmented into hardware, software, and services. CAGR during the forecast period. The software can be used in the context of IT security in order to prevent incidents of security breach.
The US is projected to lead the artificial intelligence in military market size during the forecast period.
This is the most widely used part of the Intelligence in Military Market Size in 2017. This growth can be attributed to the need for automated warfare systems, the involvement of the military in asymmetric warfare, and various modernization programs carried out by the US Armed Forces, which, in turn, has enabled major defense manufacturers in this country to develop techno-efficient AI systems for military operations.
Key players operating in artificial intelligence in the military market are Lockheed Martin (US), Raytheon (US), Northrop Grumman (US), IBM (US), Thales Group (France), General Dynamics (US), NVIDIA (US), and BAE Systems (UK).
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