The report “Artificial Intelligence in Military Market by Offering (Software, Hardware, Services), Technology (Learning & Intelligence, Advanced Computing, AI Systems), Application (Information Processing, Cyber Security), Platform, Region – Global Forecast to 2025”, The Artificial Intelligence in Military Market is estimated to be USD 6.26 Billion in 2017 and is projected to reach USD 18.82 Billion by 2025, at a CAGR of 14.75% from 2017 to 2025. Increasing investment towards the development of AI integrated systems and rising adoption of cloud-based applications are key factors projected to drive the growth of the artificial intelligence in military market.
Browse 67 market data Tables and 46 Figures spread through 149 Pages and in-depth TOC on “Artificial Intelligence in Military Market – Global Forecast to 2025”
Early buyers will receive 10% customization on reports.
Based on platform, the land segment is projected to lead the artificial intelligence in military market.
Based on platform, the land segment is expected to lead the artificial intelligence in military market from 2017 to 2025. Militaries worldwide are focused on the integration of AI with land platforms. The incorporation of AI technology into unmanned ground vehicles assists in the successful execution of various ground operations, such as disabling Improvised Explosive Devices (IEDs) and other kinds of roadside bombs intended to cripple military patrols and convoys.
Based on offering, the software segment of the artificial intelligence in military market is expected to grow 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. The software segment of the artificial intelligence in military market is projected to grow at the highest CAGR during the forecast period. The growth of the software segment can be attributed to the significance of AI software in strengthening the IT framework to prevent incidents of security breach.
The US is projected to lead the artificial intelligence in military market during the forecast period.
Based on country, the US is estimated to account for the largest share of the artificial intelligence in military market 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 the artificial intelligence in 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).
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
