Press release
Artificial Intelligence In Military Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027
Artificial Intelligence In Military Market is expected to rise at a moderate CAGR during the forecast period from 2021 to 2027. There are various pivotal factors that are driving the global AI in military market, which includes growing defense industry and continuous integration of advanced technologies in defense sector. The countries are supporting the military expenditure with huge budget sanctions which as a result is propelling the purchasing and acquisition power of military organizations under the defense protocols. AI can be utilized in the development of autonomous and intelligent weapon systems, such as unmanned aerial, underwater and surface vehicles, as well as cruise missiles and military robotics. AI can be utilized for efficient processing of sensor information and raw intelligence. This incorporates automation of multi-sensor data fusion and intelligent sensing to leverage situational awareness. In addition, the adoption of cloud-based services is further expected to propel the market growth during the forecast period.The land-based AI segment is estimated to occupy the major share in the market. Land-based AI systems are used to integrate and connect with the airborne and naval systems that offer new opportunities to leverage tactical capabilities. North America is estimated to have considerable market share in the Artificial Intelligence in military market. The major countries which are contributing in the North American market growth include the US and Canada. Along with the presence of major market players, the region marks the huge defense expenditure which as a result, is supporting the market growth. The key players operating in the Artificial Intelligence in military market include BAE Systems PLC, L3Harris Technologies, Inc., Northrop Grumman Corp., Rockwell Collins Inc., and IBM Corp. Along with these key market players, several other companies that are contributing a considerable share in the market include Charles River Analytics, Inc., General Dynamics Corp., Thales Group, Spark Cognition, Inc., SAIC, Raytheon Co., and Booz Allen Hamilton Inc.
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A full report of Global Artificial Intelligence In Military Market is available at: https://www.orionmarketreports.com/artificial-intelligence-in-military-market/43491/
The following Segmentation are covered in this report:
By Platform
• Airborne
• Land
• Naval
• Space
By Technology
• Machine Learning
• Natural Language Processing
• Context-Aware Computing
• Computer Vision
• Intelligent Virtual Agent
• Others
By Application
• Warfare Platforms
• Cybersecurity
• Logistics & Transportation
• Surveillance & Situational Awareness
• Command & Control
• Battlefield Healthcare
• Simulation & Training
• Threat Monitoring
• Information Processing
• Others
By Offering
• Hardware
• Software & Services
By Region
North America:
• US
• Canada
Europe:
• France
• Italy
• Germany
• UK
• Rest of Europe
Asia Pacific:
• India
• China
• Japan
• Australia
• Rest of APAC
The report covers the following objectives:
• Proliferation and maturation of trade in the global Artificial Intelligence In Military Market.
• The market share of the global Artificial Intelligence In Military Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Artificial Intelligence In Military Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Artificial Intelligence In Military Market.
Scope of the Report
The research study analyses the global Artificial Intelligence In Military industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment
Geographic Coverage
• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume
Key Questions Answered by Artificial Intelligence In Military Market Report
• What was the Artificial Intelligence In Military Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Artificial Intelligence In Military Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Artificial Intelligence In Military Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr.Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavours to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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