Covid-19 Impact of Middle East and Africa Artificial Intelligence in Defense Market 2022 | Key players are Lockheed Martin Corporation, Raytheon Technologies Corporation, and Thales Group

The MEA artificial intelligence in defense market is expected to grow from US$ 308.85 million in 2021 to US$ 552.44 million by 2028; it is estimated to grow at a CAGR of 8.7% from 2021 to 2028.

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The introduction of quantum computing will supercharge the artificial intelligence systems-which currently depend on binary-based classical computing-and enhance their capabilities. For instance, artificial intelligence can crunch through a larger data set and learn from it to give a better model and, thus, more accurate predictions. This can have various applications in the defense industry for security and privacy. Because of the ability to process larger datasets, the information can be processed much quicker locally than on the cloud. For instance, data from all sensors attached in an autonomous AI-powered tank can be processed quickly, and decisions can be made faster. Quantum computing will play a huge role in cybersecurity, as this will power up the systems for faster detection of threats and take necessary countermeasures. The defense industry across the region is constantly under threat of cyberattacks. For instance, in September 2019, SolarWinds, a multinational company, was hacked, revealing sensitive data of government agencies. The above-mentioned SolarWinds hack was revealed when FireEye, a cybersecurity provider, was probing one of its own hacks. Such incidents indicate the increasing importance of having advanced cybersecurity capabilities. Artificial intelligence-based cybersecurity solutions that can be trained to independently gather data from various sources, analyze the data, correlate it to the signals indicating cyberattacks, and take relevant actions, can be deployed. This represents significant opportunities for the MEA artificial intelligence in defense market.

A new report published by BusinessMarketInsights with title Middle East and Africa Artificial Intelligence in Defense Market provides complete analysis about the market size, share, overview and growth prospects which are impacting the expansion of the industry.  Middle East and Africa Artificial Intelligence in Defense Market report helps consumers to acknowledge the industry challenges and opportunities. The Middle East and Africa Artificial Intelligence in Defense Market report extensively offers the most recent information about the technological developments and market growth prospect on the thought of the regional landscape.

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Top Key Players within the Middle East and Africa Artificial Intelligence in Defense Market:

Major companies listed in the report are BAE Systems plc., General Dynamics Corporation, IBM Corporation, Leidos, Lockheed Martin Corporation, Raytheon Technologies Corporation, and Thales Group among others.

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