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Artificial Intelligence in Military Market

Artificial Intelligence In Military Market

Artificial Intelligence In Military Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

147

Base Year:

2022

Date

Apr - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1446

Segments Covered
  • By  Offering By Offering Hardware, Software, Services
  • By  Application By Application Warfare Platform, Cyber Security, Logistics & Transportation, Surveillance & Situational Awareness, Command & Control, Battlefield Healthcare, Simulation & Training, Information Processing, Threat Detection, Nuclear, Biological, and Chemical (NBC) Scenario Monitoring, Ammunition Testing, Fund Allocation, Manpower Management, Predictive Maintenance, Navigation, Communications, and Fire Monitoring
  • By  Technology By Technology Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Intelligent Virtual Agent (Iva) /Virtual Agents, Others
  • By Platform By Platform Land, Airborne, Space
  • By  Installation By Installation New Procurement, Upgradation
  • By Region By Region North America, Asia Pacific, Europe, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 6.76 Billion
Revenue 2030Revenue 2030: USD 17.60 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 12.70%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Research Methodology: Artificial Intelligence In Military Market by Offering by Application by Technology by Platform by Installation by Region - Global Market Assessment, 2021 - 2028

Secondary Research

Primary Research:

The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:


  • First-hand information global market size, regional and segmental trends, competitive landscape
  • Validate and authorization of secondary research outcomes and findings
  • Further data collection and expertise development & market understandings

Data Triangulation and Market Size Estimations

After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market.  The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Artificial Intelligence In Military market.  

 

FAQ
Frequently Asked Question
  • The global Artificial Intelligence In Military valued at USD 6.76 Billion in 2022 and is expected to reach USD 17.60 Billion in 2030 growing at a CAGR of 12.70%.

  • The prominent players in the market are BAE Systems Plc. (UK), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (US), L3Harris Technologies Inc. (US), Rafael Advanced Defense Systems (Israel), IBM (US).

  • The market is project to grow at a CAGR of 12.70% between 2023 and 2030.

  • The driving factors of the Artificial Intelligence In Military include

    • Increased government spending on defense to improve AI capabilities

  • North America was the leading regional segment of the Artificial Intelligence In Military in 2022.