Artificial Intelligence in Military Market Growth Trends Analysis | Emergen Research

The report talks about the shift in demands and emerging trends that are expected to drive the growth of the Artificial Intelligence in Military market. The rising demand for the Artificial Intelligence in Military market is expected to drive the demand for Artificial Intelligence in Military market, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.

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.

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Market Scope: 

The report explains the scope of various commercial possibilities in the global Artificial Intelligence in Military market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

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

Market Segmentations of the Artificial Intelligence in Military Market

Offering Outlook (Revenue, USD Billion; 2018–2028)

• Software
  1. Artificial Intelligence Solutions
  2. Artificial Intelligence Platforms
• Hardware
  1. Processor
  2. Network
  3. Memory
• Services
  1. Software Assistance
  2. Upgradation & Maintenance
  3. Deployment & Integration
• Platform Outlook (Revenue, USD Billion; 2018–2028)
  • Land
    1. Autonomous Combat Vehicles
    2. Unmanned Ground Vehicle
    3. Autonomous Combat Robots
  • Sea
    1. Unmanned Maritime Vehicles
    2. Anti-Missile Technology
    3. Ship Navigation Systems
  • Air
    1. Unmanned Aerial Vehicles
    2. Aircraft Maintenance
    3. Cognitive Electronic Warfare
  • Space
    1. Satellite Data Processing
    2. Intelligent Navigation Systems
    3. AI Assistant Robots
    4. Space Exploration
• Application Outlook (Revenue, USD Billion; 2018–2028)
  • Reconnaissance and Intelligence Gathering
  • Surveillance and Counterinsurgency
  • Information Processing
  • Cyber Security
  • Threat Analysis
  • Warfare Simulation

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Key Points of the Geographical Analysis:

• Data and information related to the consumption rate in each region
• Estimated increase in the consumption rate
• Proposed growth of the market share of each region
• Geographical contribution to market revenue
• Expected growth rate of the regional markets

Table of Contents

1. Executive Summary
2. Research Methodology
3. Market Overview
4. Regional Landscape
5. Global Market Analysis and Forecast by Types
6. Global Market Analysis and Forecast by Applications
7. Global Market Analysis and Forecast by Regions
8. North America Market Analysis and Forecast
9. Europe Market Analysis and Forecast
10. Asia Pacific Market Analysis and Forecast
11. Latin America Market Analysis and Forecast
12. Middle East & Africa Market Analysis and Forecast
13. Competitive Landscape

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