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The global Artificial Intelligence (AI) for militarymarket size reached USD 6.50 billion in 2020 and is expected to register a revenue CAGR of 13.4% during the forecast period, according to latest analysis by Emergen Research. Increasing hostility and terrorism and political instability are expected to boost market revenue growth. Additionally, increasing government expenditure on research & development of AI enabled military weapons is expected to support market growth between 2021 and 2028. Currently, rising geopolitical tensions among countries and increasing Chinese actions are propelling various countries to modernize military technology using AI. Integrating AI will enable countries to conduct better surveillance in order to detect and prevent threats. Similarly, AI technology can be used to process a large amount of data and facilitate better decision-making during times of conflict. These are some major factors driving growth of the global AI for military market revenue. The latest research report by Emergen Research, named ‘Global Artificial Intelligence in Military Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Artificial Intelligence in Military Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Artificial Intelligence in Military Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Artificial Intelligence in Military Market Competitive Terrain: The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Artificial Intelligence in Military market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic. The leading market contenders listed in the report are: Lockheed Martin Corporation, NVIDIA Corporation., BAE Systems, Inc., Northrop Grumman Corporation., Raytheon Technologies, General Dynamics Corporation, Textron Inc., SparkCognition Government Systems, Arkray, Inc., and Leidos Inc Emergen Research has segmented the global Artificial Intelligence in Military market on the basis of type, application, end-use, and region: - Offering Outlook (Revenue, USD Billion; 2018–2028)
- Software
- Artificial Intelligence Solutions
- Artificial Intelligence Platforms
- Hardware
- Services
- Software Assistance
- Upgradation & Maintenance
- Deployment & Integration
- Platform Outlook (Revenue, USD Billion; 2018–2028)
- Land
- Sea
- Unmanned Maritime Vehicles
- Anti-Missile Technology
- Ship Navigation Systems
- Air
- Space
- Satellite Data Processing
- Intelligent Navigation Systems
- AI Assistant Robots
- Space Exploration
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Reconnaissance and Intelligence Gathering
- Surveillance and Counterinsurgency
- Information Processing
- Cyber Security
- Threat Analysis
- Warfare Simulation
The various regions analyzed in the report include: - North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report: - Analysis and estimation of the Artificial Intelligence in Military Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Artificial Intelligence in Military Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Post time 2024-8-5 20:20:13
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