According to a new market research report published by Global Insight Services” Artificial Intelligence in Military Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Artificial intelligence (AI) is a field of computer science and engineering focused on the creation of intelligent agents, which are systems that can reason, learn, and act autonomously. AI has been used in a variety of military applications, including intelligent tutoring systems, intelligent search agents, and automated planning and scheduling systems.
Key Players
The Artificial Intelligence in Military Market includes players such as Google, Microsoft, IBM, Oracle, AWS, SAS Institute, Facebook, SAP SE, Salesforce, and Baidu.
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Key Trends
One of the key trends in Artificial Intelligence in Military technology is the use of AI-enabled robots in warfare. This trend is being driven by the increasing use of unmanned aerial vehicles (UAVs) in military operations. The use of AI-enabled robots in warfare allows for greater precision in targeting and reduces the risk to human soldiers.
Another key trend is the use of AI in cyber warfare. This trend is being driven by the increasing sophistication of cyber attacks. AI can be used to automate the detection and response to cyber-attacks. This allows for quicker and more effective responses to attacks.
AI is also being used to develop new weapons systems. For example, the US military is developing a new generation of missiles that use AI to select their targets. This type of weapon system is more accurate and effective than traditional weapons systems.
Key Drivers
Some of the key drivers of Artificial Intelligence in the Military market are:
1. The increasing need for situational awareness and decision support: With the ever-changing and increasingly complex nature of modern warfare, there is a growing need for military commanders to have real-time situational awareness and decision-support tools. Artificial Intelligence (AI) can play a key role in providing these capabilities, by processing and analyzing large amounts of data from multiple sources in order to identify patterns and trends.
2. The increasing use of unmanned systems: Unmanned systems are playing an increasingly important role in modern warfare, and AI is playing a key role in their development and deployment. AI is used for tasks such as target recognition, path planning, and obstacle avoidance.
3. The need for improved intelligence, surveillance, and reconnaissance (ISR): ISR is a critical component of modern warfare, and AI can play a key role in improving its effectiveness. AI can be used for tasks such as target identification, pattern recognition, and tracking.
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Market Segments
The Artificial Intelligence in Military Market is segmented by offering, application, technology, platform and region. By offering, the market is divided into hardware (processor, memory, and network), software (AI solutions and AI platforms), and services (deployment & integration, upgrade & maintenance, software support, and others). On the basis of technology it is bifurcated into machine learning (deep learning, supervised learning, unsupervised learning, and others), computer vision, and others. Based on application, it is segmented into warfare platform, cyber security, logistics & transportation, and others. By platform it is bifurcated into land(military fighting vehicles, unmanned ground vehicles, weapon systems, headquarter and command centers, dismounted soldier systems, and land robots), navel (naval ships, submarines, unmanned maritime vehicles), airborne (fighter aircraft, helicopter, special mission aircraft, and unmanned aerial vehicles), and space (cubesat and satellites). Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Reasons to buy Artificial Intelligence in Military Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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