Press release
Artificial Intelligence in Military Market Forecasted to Surge at an Outstanding CAGR is Expected to reach 12470 million $ During Forecast 2018-2026 | Global Keyplayer’s ( Lockheed Martin, Raytheon Company, Northrop Grumman, Thales Group, Ibm )
This report provides in depth study of “Artificial Intelligence Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Artificial Intelligence Market report also provides an in-depth survey of key players in the market organization.Global Artificial Intelligence in Military Market Overview:
The past four years, Artificial Intelligence in Military market size to maintain the average annual growth rate of 14.41% from 4180 million $ in 2014 to 6260 million $ in 2017, As per the projections of the Market Analyst, Artificial Intelligence in Military market size will be further expanded by 2022,The market size of the Artificial Intelligence in Military will reach 12470 million $.
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Increasing investment towards the development of AI integrated systems and rising adoption of cloud-based applications are key factors projected to drive the growth of the artificial intelligence in military market. Military forces worldwide are focused on the integration of AI with unmanned weapon systems, such as automated robots, self-driving military vehicles, and UAV control systems. The absence of standards and protocols for the use of AI in military applications is acting as a key restraint to the growth of the artificial intelligence in military market.
On the Basis of Type Segmentation, the land segment is expected to lead the artificial intelligence in military market from 2017 to 2022. Militaries worldwide are focused on the integration of AI with land platforms.
On the Basis of Industry Segment, the artificial intelligence in military market has been segmented into information processing, warfare platform, threat monitoring & situational awareness, planning & allocation, cyber security, logistics & transportation, target recognition, battlefield healthcare, simulation & training, and others. The information processing segment is projected to lead the artificial intelligence in military market from 2018 to 2022. Artificial intelligence helps in the culling and aggregation of information, which assist military personnel to recognize patterns and derive correlations in data sets. The processed information is used for further investigation with machine learning or deep learning tools.
Regionally, the US is estimated to account for the largest share of the artificial intelligence in military market in 2017. This growth can be attributed to the need for automated warfare systems, the involvement of the military in asymmetric warfare, and various modernization programs carried out by the US Armed Forces, which, in turn, has enabled major defense manufacturers in this country to develop techno-efficient AI systems for military operations.
The market is segmented and projected on the basis of major key player’s:
1 Lockheed Martin
2 Raytheon Company
3 Northrop Grumman
4 Thales Group
5 Ibm
6 Bae Systems
7 General Dynamics
8 Nvidia
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The Global Artificial Intelligence is segmented into:
The Market is segmented and projected on the basis of Product Type Segmentation
1 Land
2 Naval
3 Airborne
4 Space
The Market is segmented and projected on the basis of Industry Segmentation
1 Warfare Platform
2 Cyber Security
3 Logistics & Transportation
4 Target Recognition
5 Battlefield Healthcare
The Market is segmented and projected on the basis of major Region Segmentation
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size be in 2022?
2 What are the key factors driving the Artificial Intelligence in Military Market?
3 What are the challenges to market growth?
4 Who are the key players in Artificial Intelligence in Military Market?
5 What are the market opportunities and threats faced by the key players?
TABLE OF CONTENTS
1 Artificial Intelligence in Military Product Definition
2 Global Artificial Intelligence in Military Market Manufacturer Share and Market Overview
3 Manufacturer Artificial Intelligence in Military Business Introduction
4 Global Artificial Intelligence in Military Market Segmentation (Region Level)
5 Global Artificial Intelligence in Military Market Segmentation (Product Type Level)
6 Global Artificial Intelligence in Military Market Segmentation (Industry Level)
7 Global Artificial Intelligence in Military Market Segmentation (Channel Level)
8 Artificial Intelligence in Military Market Forecast 2018-2022
9 Artificial Intelligence in Military Segmentation Product Type
10 Artificial Intelligence in Military Segmentation Industry
11 Artificial Intelligence in Military Cost of Production Analysis
12 Conclusion
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