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    Artificial Intelligence In Military Market to Surpass USD 28,980.26 Mn by 2030

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    The fundamental cause of this rise is the need to improve defense capabilities through AI innovation. Militaries all around the world are adopting artificial intelligence to transform their operations. AI-powered solutions provide more efficient and effective responses to security threats through sophisticated analytics, autonomous decision-making, and better situational awareness.

    The SNS Insider report indicates that Artificial Intelligence In MilitaryMarket was valued at USD 8412.79 million in 2022, and it is projected to achieve a market size of USD 28980.26 million by 2030, with a compound annual growth rate (CAGR) of 16.72% expected over the forecast period from 2023 to 2030.

    Get a Sample Report of Artificial Intelligence In Military Markethttps://www.snsinsider.com/sample-request/1230

    Market Overview

    AI-integrated military systems can successfully handle large amounts of data and assist in drawing intelligent inferences from the data. In difficult fighting scenarios, improved AI technology contributes in boosting target detection precision. These approaches give comprehensive understanding of potential operating zones and improve these systems’ ability to find their targets. AI may also be coupled with Robotic Ground Platforms (RGPs) and Robotic Surgical Systems (RSSs) to deliver improved solutions and remote surgical support and evacuation operations in conflict scenarios. As a result of the multiple benefits and uses of AI, the usage of AI-driven systems in the military sector is expected to grow.

    Major Key Players Included are:

    – Lockheed Martin Raytheon

    – Spark Cognition

    – BAE Systems Leidos

    – IBM

    – Northrop Grumman Thales Group

    – Charles River Analytics

    – General Dynamics

    – L3 Harris Technologies

    – Rafael Advanced Defense Systems Ltd, and other players.

    Market Analysis

    AI is being used in a variety of military applications such as autonomous drones, intelligent cybersecurity, predictive maintenance, data analytics, and others. These applications increase mission success rates, minimize hazards, and improve military personnel safety and effectiveness. Technological Progress AI developments, such as cutting-edge algorithms, machine learning models, and computer vision technologies, enable real-time decision-making, automation of mundane operations, and data management. The increased emphasis on unmanned systems and robotic warfare fuels the demand for AI. AI is critical in the development of self-driving unmanned aerial vehicles (UAVs), ground robots, and naval drones, which will reduce the need for human intervention in high-risk areas.

    Growth Factors

    – AI is being used in a variety of military applications, including autonomous drones, intelligent cybersecurity, predictive maintenance, data analytics, and more. These applications increase mission success rates, minimize hazards, and improve military personnel safety and effectiveness.

    – Global Security Issues: The changing security scenario, which includes asymmetric attacks, cyber warfare, and the requirement for quick reaction to emerging threats, emphasizes the necessity of AI in military applications.

    – Data-Driven Decision-Making: Artificial intelligence (AI) offers military decision-makers with quick, data-driven insights, allowing for more effective and agile responses to new threats and difficulties.

    – International Collaboration: International collaboration for AI-driven military initiatives between governments and international organizations leads to market growth.

    Segmentation Analysis

    By Technology Type

    – Machine learning algorithms and models allow AI systems to learn from data and generate predictions.

    – Natural Language Processing (NLP): AI systems capable of comprehending and producing human language, which is essential for activities such as chatbots and language translation.

    – Computer Vision: Artificial intelligence systems that analyze and interpret visual input from their surroundings, as utilized in applications such as picture recognition and autonomous drones.

    By Platform Type

    – Hardware: The physical components and infrastructure needed for AI applications, such as CPUs, sensors, and GPUs.

    – Software frameworks and platforms that enable the creation and implementation of AI solutions are referred to as software.

    Market Segmentation & Sub-segmentation included are:

    by Technology

    – Machine Learning

    – Computer vision

    by Application

    – Information Processing

    – Cyber Security

    – Future Unmanned Aircraft System (FUAS)

    – Logistics

    – Others

    by Offering

    – Software

    – Hardware

    – Services  

    by Installation Type

    – New Procurement

    – Upgrade

    by Platform

    – Land

    – Naval

    – Airborne

    Key Regional Development

    In North American military market study, the United States and Canada are significant nations evaluated for artificial intelligence (A.l.). This region is expected to dominate the market from 2019 to 2024, owing to increased demand for A.l. advancements by countries nearby. This market is driven by the United States, which is increasingly investing in Al. frameworks to maintain its fight superiority and counter the threat to computer organizations. The United States aims to increase military expenditure on artificial intelligence in order to gain a strategic advantage over other countries. The majority of North American nations, including the United States and Canada, are developed. The United States has the most powerful military in the world.

    The United States government is investing more money on artificial intelligence systems in order to maintain its military dominance and lessen the danger of cyber-attacks on computer systems. The US government intends to raise its spending on Artificial Intelligence In Military systems in order to gain a competitive advantage over other countries. Furthermore, North America is recognized as the worldwide hub for major Al system makers, exporters, and consumers, and it is regarded as having the greatest A.|. skills, which are driving the market. As the government begins to modernize the defense sector, artificial intelligence in the military industry in the Asia-Pacific region is predicted to establish in terms of CAGR in the global market, be needed to improve, and be extensively implemented in expanded nations such as China and India.

    Key Takeaway

    – North America is the largest military AI market, followed by Europe and Asia Pacific.

    – The software area, followed by the hardware section, is predicted to be the largest market for AI in the military.

    – The fighting platforms category, followed by cybersecurity and logistics and transportation, is predicted to be the major use of AI in military.

    – The major nations in the AI in military market are the United States, China, and the United Kingdom.

    Recent Developments

    In April 2023: Raytheon Technologies Corporation unveiled RAIVEN, a new Al-assisted EO/IR system. This system enables military pilots to identify threats more quickly and accurately.

    In March 2023: The United States Army has chosen Northrop Grumman Corporation, in collaboration with Shield Al, for the Future Tactical Unmanned Aircraft System (FTUAS) competition, Increment 2. This competition intends to provide enhanced capabilities to the RQ-7B Shadow tactical unmanned aerial system (UAS).

    In January 2023: Lockheed Martin Corporation unveiled its latest Aegis Al variant. This model is used to improve the Agis Combat System’s operational efficiency. The Al-enabled Agis combat system improves operator decision making, situational awareness, response time, and defense against hypersonic threats. It also predicts when parts will require repair before they break.

    Table of Contents – Major Key Points

    1. Introduction
    2. Research Methodology
    3. Market Dynamics
    4. Impact Analysis
      • COVID-19 Impact Analysis
      • Impact of Ukraine- Russia war
      • Impact of ongoing Recession
    5. Value Chain Analysis
    6. Porter’s 5 Forces Model
    7. PEST Analysis
    8. Artificial Intelligence in Military, by Technology
    9. Artificial Intelligence in Military, by Application
    10. Artificial Intelligence in Military, by Offering
    11. Artificial Intelligence in Military, by Installation Type
    12. Artificial Intelligence in Military, by Platform
    13. Regional Analysis
    14. Company Profiles
    15. Competitive Landscape
    16. Conclusion

    About US:

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    Contact Us:

    Akash Anand – Head of Business Development & Strategy

    info@snsinsider.com

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