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Global Insights LLP

Global Insights LLP

The global artificial intelligence (AI) in military market size is estimated at $8.4 billion by 2022, and the global artificial intelligence (AI) in military market size is expected to reach $33.8 billion by 2032, according to a research report published by Spherical Insights & Consulting. Companies covered: Lockheed Martin Corporation, Charles River Analytics, Inc.

NEW YORK, United States, July 24, 2023 (GLOBE NEWSWIRE) — Global Artificial Intelligence (AI) in the Military Market Size In the year It is growing from USD 8.4 billion in 2022 to USD 33.8 billion in 2032, at a compound annual growth rate (CAGR) of 14.9 percent during the forecast period. Artificial Intelligence (AI) is moving into the military industry with a focus on developing high precision military laser systems.

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The global military market for artificial intelligence (AI) has seen significant growth and change. Military organizations around the world are using artificial intelligence (AI) technologies to improve their operational capabilities, decision-making processes and overall efficiency. Autonomous weapons, surveillance and reconnaissance, cyber security, command and control systems, logistics and transportation, and training and simulation are examples of AI applications in the market. One of the key factors driving the growth of AI in the military market is the growing demand for advanced technologies to address increasing security challenges and modern warfare techniques. AI systems have the ability to analyze large amounts of data in real-time, identify patterns and make accurate predictions, allowing for faster and more effective battlefield decisions. In addition, the deployment of AI-enabled autonomous systems such as unmanned aerial vehicles (UAVs) and unmanned ground vehicles (UGVs) has transformed military operations. These autonomous systems can perform a variety of tasks without direct human intervention, including surveillance, research, target identification and even combat operations.

Explore key industry insights from the report with 125 market data tables and figures and charts across 200 pages;Global Artificial Intelligence (AI) in the Military Market Sizeshare and analyze the impact of Covid-19, by offering (software, hardware, services), by technology (machine learning, natural language processing), by platform (airborne, ground, space) and by region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), analysis and forecast 2032 – 2032.

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The software segment is expected to grow at the fastest pace in the global artificial intelligence (AI) market in the military during the construction period.

The global artificial intelligence (AI) in the military market is divided into three categories: software, hardware and services. Among these, the software segment is expected to grow at the fastest pace in the global artificial intelligence (AI) in the military market during construction. The software component in the military domain involves the development, deployment, and integration of AI algorithms and applications.

The machine learning segment is expected to account for the largest share of the global artificial intelligence (AI) in the military market at the time of construction.

The global artificial intelligence (AI) in the military market is segmented into machine learning and natural language processing based technologies. Among these, machine learning is expected to account for most of the world’s artificial intelligence (AI) in the military market during its boom. Machine learning algorithms are important for military applications because they allow AI systems to learn from data, recognize patterns, and make predictions or decisions based on the analyzed data.

The space segment is expected to account for the largest share of the global artificial intelligence (AI) in the military market during its construction period.

The global artificial intelligence (AI) in the military market is divided into three segments based on the platform: airborne, ground and space. Among these, the space segment is likely to lead the global artificial intelligence (AI) in the military market throughout its construction. The space segment includes AI technologies in space-based applications such as satellites, space probes, and other space assets.

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North America is expected to account for the largest share of the global artificial intelligence (AI) in military market during the forecast period.

In the next few years, North America is expected to hold the largest share of the global artificial intelligence (AI) military market. With technologically advanced militaries and significant investment in AI research and development, North America is a key region in the global AI in the military market.

Asia Pacific is predicted to expand at the fastest pace in the global artificial intelligence (AI) in military market during the forecast period. Due to defense budgets, modernization efforts and geopolitical tensions, the Asia Pacific region is witnessing rapid growth in the AI ​​in military market.

Competitive Analysis:

The report provides an appropriate analysis of the key organizations/companies involved in the global market with a comparative assessment mainly based on product offerings, business overviews, geographical presence, corporate strategies, segment market share and SWOT analysis. The report also provides extensive analysis focused on the companies’ current news and growth, including product development, innovations, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and more. This allows to assess the overall competition in the market. Major vendors in the global Artificial Intelligence (AI) in the military market include Lockheed Martin Corporation, Charles River Analytics, Inc.

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Recent developments

In April 2023 Raytheon Technologies Corporation announced RAIVEN, its new AI-assisted EO/IR system. This solution allows military pilots to quickly and accurately identify threats.

Market section

This study forecasts revenue from 2020 to 2032 at the global, regional and country levels. Spherical Insights has segmented the global Artificial Intelligence (AI) in Military market based on the segments mentioned below.

Global Artificial Intelligence (AI) in the Military Market, b Providing

Global artificial intelligence (AI) in the military market, technology

Global artificial intelligence (AI) in the military market, platform

Global Artificial Intelligence (AI) in Military Market, Regional Analysis

  • North America

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • Russia

    • The rest of Europe

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Rest of Asia Pacific

  • south america

    • Brazil

    • Argentina

    • The rest of South America

  • Middle East and Africa

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Spherical perceptions & consulting It is a market research and consulting firm that provides actionable market research, quantitative forecasting and trend analysis specifically to assist decision makers and ROI.

It caters to various industries such as financial sectors, industrial sectors, government organizations, universities, non-profit organizations and corporations. The company’s mission is to work with businesses to achieve business objectives and drive strategic improvements.

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