Global Artificial Intelligence in Military Market size was valued at USD 9.3 Bn in 2023 and is expected to reach USD 71.40 Bn by 2030, at a CAGR of 33.8%.
Artificial Intelligence in Military Market Overview:
Maximize Market Research is a business Consultancy Firm that has published a detailed analysis of the Artificial Intelligence in Military Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Artificial Intelligence in Military market by thorough analysis, and projections are made up to 2030.
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Artificial Intelligence in Military Market Scope and Methodology:
The Artificial Intelligence in Military Market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Artificial Intelligence in Military market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.
Also, the research offers detailed insights into the dynamics of the Artificial Intelligence in Military market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Artificial Intelligence in Military market were developed. The study provides a thorough value chain analysis that clarifies the Artificial Intelligence in Military production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Artificial Intelligence in Military market on a global and micro level.
Artificial Intelligence in Military Market Segmentation:
by Offering
Software
Hardware
Services
In the military market, software is anticipated to hold the largest share of artificial intelligence by 2023. The algorithms, neural networks, and AI models that make up an AI system's basic intelligence are all included in software offerings. Machine learning, computer vision, natural language processing, and other AI features essential for military applications are made possible by these software frameworks. Software solutions enable flexibility and customization to satisfy certain requirements of the military. They are designed to meet a variety of defense requirements, such as decision support, autonomous systems, cybersecurity, and intelligence analysis. Software development is where AI technologies are most rapidly evolving.
by Technology
Machine Learning
Natural Language Processing (NLP)
Others
by Platform
Air-Based Platforms
Land-Based Platforms
Sea-Based Platforms
Space-Based Platforms
by Installation Type
Fixed Installations
Mobile Installations
Others
by Application
Autonomous Weapons Systems
Cybersecurity and Defense
Intelligence Gathering and Analysis
Surveillance and Reconnaissance
Others
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Artificial Intelligence in Military Market Key Players:
Global
1. Lockheed Martin (Bethesda, Maryland, USA)
2. Raytheon Company (Waltham, Massachusetts, USA)
3. Northrop Grumman (Falls Church, Virginia, USA)
4. Thales Group ( Paris, France, Thales )
5. IBM( Armonk, New York, USA, IBM )
North America
1. General Dynamics(Reston, Virginia, USA)
2. Nvidia(Santa Clara, California, USA)
3. Soartech( Ann Arbor, Michigan, USA)
4. SparkCognitio ( Austin, Texas, USA)
5. Charles River Analytics(Cambridge, Massachusetts, USA)
6. SAIC Corporation(Reston, Virginia, USA)
7. Boeing( Chicago, Illinois, USA)
8. Leidos( Reston, Virginia, USA)
9. GovBrain(Washington, D.C., USA)
10. SuperFlex( San Francisco, California, USA)
11. ShieldAI( San Diego, California, USA)
12. PrecisionHawk( Raleigh, North Carolina, USA)
13. DARPA(Arlington, Virginia, USA)
14. MRX Global Holding Corp.( Dallas, Texas, USA)
15. Hi-Tech Robotic System( Tallahassee, Florida, USA)
Europe
1. BAE Systems( London, United Kingdom)
Asia Pacific
2. Centaurus Technology(Bangkok, Thailand)
3. Machine Halo(Bangalore, India)
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Artificial Intelligence in Military Market Regional Insights :
The size and trends in the Artificial Intelligence in Military market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).
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Key questions answered in the Artificial Intelligence in Military Market are:
- What is Artificial Intelligence in Military ?
- What was the Artificial Intelligence in Military market size in 2023?
- Which are the factors expected to drive the Artificial Intelligence in Military market growth?
- Who are the leading companies and what are their portfolios in Artificial Intelligence in Military Market?
- What growth strategies are the players considering to increase their presence in Artificial Intelligence in Military ?
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- What will be the CAGR at which the Artificial Intelligence in Military market will grow?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Artificial Intelligence in Military Market?
- What are the different segments of the Artificial Intelligence in Military Market?
- What is the growth rate of the Artificial Intelligence in Military Market?
- What segments are covered in the Artificial Intelligence in Military Market?
- Who are the key players in the Artificial Intelligence in Military market?
- What are the key challenges and opportunities in the Artificial Intelligence in Military market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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