Artificial intelligence in military refers to the incorporation
of the latest and advanced technology with the military equipment to improve
its strength and efficiency. In developed country, military sector is the
sector, which obtains highest investments. These investments are used research
and developments of new technological advancements and for developing improved
equipment to be used at the time of war. AI enabled military systems have the
ability to handle large amount of data efficiently. In addition, these systems
have improved self-control and self-regulation owing to its improved computing
and decision-making abilities.
Escalating
demand for improved military equipment is the significant factor boosting the
growth of the global artificial intelligence (AI) in military market. Furthermore,
the increasing investment in the defense sector has resulted in huge adoption
of artificial intelligence in military. Coupled with this, there is an increase
in technological developments associated to artificial intelligence. These
factors have majorly impacted the global artificial intelligence (AI) in
military market favorably, thus accelerating its growth. Due to the growing
threats of war there is a surge in demand for autonomous military vehicles and
UAV control systems. In addition, the artificial intelligence assists the
soldiers in collecting the information and obtaining correlations based on it.
These deep learning tools also assist in creating effective war strategies.
These features have further contributed in the growth of global artificial
intelligence (AI) in military market. On the other hand, some of the restraints
which may limit the growth of the artificial intelligence (AI) in military
market are dearth of trained personnel to handle the artificial intelligence
integrated equipment and dearth of structured data may pose a constraint to the
artificial intelligence in military market’s growth.
Furthermore,
the implementation of quantum computing in artificial intelligence systems including
quantum cryptanalysis, it is the implementation of quantum computing for
decrypting of encoded messages which offers solutions to military forces.
Quantum key distribution (QKD) assists in protecting the military communication
from data leakage. These developments are projected to create new scope of potential
opportunities for artificial intelligence in military market.
The
global Artificial Intelligence in Military Market is segregated on the basis of
Offering as Hardware, Software and Services. Based on Technology the global Artificial
Intelligence in Military Market is segmented in Learning & Intelligence, Advanced
Computing and AI Systems. Based on Application the global Artificial
Intelligence in Military Market is segmented in Information Processing and Cyber
Security. Based on Platform the global Artificial Intelligence in Military
Market is segmented in Land, Naval, Airborne and Space.
The
global Artificial Intelligence in Military Market report provides geographic
analysis covering regions, such as Europe, North America, Asia Pacific, and
Rest of The World. The Artificial Intelligence in Military Market for each
region is further segmented for major countries including the U.S., Canada,
Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa,
and others.
Competitive Analysis
Lockheed
Martin, Raytheon Company, Northrop Grumman, Thales Group and others are among
the major players in the global Artificial Intelligence in Military Market. The
companies studied in terms of product strategy and various n several growth and
expansion strategies to gain a competitive edge in the market. The major
players not only follow value chain integration with business operations in
multiple stages of the value chain.
- In
January 2021, SoarTech has received a contract from the US Air Force to develop
automatic cognitive agent and training speech recognition ability to support
the Air Force Warning and Control System (AWACS) mission.
- In
December 2020, Boeing (US) finished the testing of five high-performance
autonomous surrogate jets with the ability to ‘teach’ the aircraft’s brain to analyze,
understand and communicate with other platforms during missions.
- In
December 2020, the CACI International Inc. acquired Ascent Vision Technologies,
LLC (AVT) to support surveillance, multi-domain intelligence and reconnaissance
(ISR), unmanned aircraft system (UAS), air defense and counter-unmanned
aircraft system (c-UAS) operations.
- In
December 2020, RAFAEL Advanced Defense Systems Ltd (Israel) received a USD 200
million contract from a leading Asian country for its SPICE 2000 air-to-surface
systems, electro-optically guided missiles, tactical, Spike ATGMs and advanced
communication systems.
- In
November 2020, Raytheon made a partnership with C3.ai to develop artificial
intelligence solutions for aerospace and defense missions for government
customers, along with the US Air Force and the intelligence community.
The global Artificial Intelligence in Military
Market has been segmented as below:
Artificial
Intelligence in Military Market, By Offering
Artificial
Intelligence in Military Market, By Technology
- Learning & Intelligence
- Advanced Computing
- AI Systems
Artificial
Intelligence in Military Market, By Application
- Information Processing
- Cyber Security
Artificial
Intelligence in Military Market, By Platform
Artificial
Intelligence in Military Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Artificial
Intelligence in Military Market, By Company
- Lockheed Martin
- Raytheon Company
- Northrop Grumman
- Thales Group
- IBM
- Bae Systems
- General Dynamics
- Nvidia
- Soartech
- Sparkcognition
- Charles River Analytics
- Saic
- Corporation
- Boeing
- Leidos
- GovBrain
- SuperFlex
- ShieldAI
- SRI International
- PrecisionHawk
- DARPA
- Centaurus Technology
- MRX Global Holding Corp.
The
report covers the below scope:
- Global Artificial Intelligence in
Military Market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Artificial Intelligence in
Military Market trends, covering comprehensive range of consumer trends &
manufacturer trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Artificial
Intelligence in Military Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The years
considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Artificial Intelligence in Military
Market report scope includes detailed study covering underlying factors
influencing the industry trends. The report covers analysis on regional and
country level market dynamics. The scope also covers competitive overview
providing company market shares along with company profiles for major revenue
contributing companies. The report scope includes detailed competitive outlook
covering market shares and profiles key participants in the global Artificial
Intelligence in Military Market share. Major industry players with significant
revenue share include Lockheed Martin, Raytheon Company, Northrop Grumman, Thales
Group, IBM, Bae Systems and others.
Why to
Buy this Report:
- Gain detailed insights on the Artificial Intelligence in Military industry trends
- Find complete analysis on the
market status
- Identify the Artificial
Intelligence in Military Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
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