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North America Artificial Intelligence in Defense Market by Growing Technology Trends till 2028 – Leidos, Shield AI, SparkCognition, Inc.

02-14-2022 05:55 AM CET | IT, New Media & Software

Press release from: Business Market Insights

Artificial Intelligence in Defense Market

Artificial Intelligence in Defense Market

The North America artificial intelligence in defense market is expected to grow from US$ 2,682.16 million in 2021 to US$ 5,221.87 million by 2028; it is estimated to grow at a CAGR of 10.0% from 2021 to 2028.

Advancements in artificial intelligence (AI) bring, both, exciting prospects, and new difficulties for America's national security agencies. AI, like electricity or internal combustion engines, is a general-purpose technology that can transform operations of the Department of Defense by enabling new capabilities in areas as diverse as war fighting, logistics and maintenance, command and control, surveillance, intelligence collection and analysis, and healthcare. AI, often known as the Fourth Industrial Revolution, has been driving scientific and technical innovation in North America.

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Artificial intelligence and robotics are playing a significant role in many defense applications. Robots driven by artificial intelligence can travel through dangerous areas, perform remote operations, and most importantly, perform surveillance missions. Artificial intelligence technology mainly provides robotic assistance on the battlefield, which will enable forces to maintain or expand warfighting capacity without increasing manpower.

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Major Key players covered in this report:

• BAE Systems plc.
• Charles River Analytics, Inc.
• General Dynamics Corporation
• IBM Corporation
• Leidos
• Lockheed Martin Corporation
• Raytheon Technologies Corporation
• Shield AI
• SparkCognition, Inc.
• Thales Group

NORTH AMERICA ARTIFICIAL INTELLIGENCE IN DEFENSE MARKET SEGMENTATION

North America Artificial Intelligence in Defense Market, by Technology

• Advanced Computing
• AI Systems
• Learning and Intelligence

North America Artificial Intelligence in Defense Market, by Application

• Cyber Security
• Battlefield Healthcare
• Logistics and Transportation
• Warfare Platform
• Others

Order a Copy of this North America Artificial Intelligence in Defense Market research report https://www.businessmarketinsights.com/buy/single/TIPRE00027187/?utm_source=OpenPR&utm_medium=10470

The COVID-19 pandemic has led to economic turmoil in North America. Defense sectors in North American countries witnessed steady growth in 2020, as they did not reduce their defense budget to remain committed to sustaining their defense capabilities. Supply-side shocks were perhaps the most visible effects of the pandemic on these sectors. The shortage of raw materials due to disruptions in the supply chains has been a major reason for the underperformance of supply-side businesses.

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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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