Press release
Artificial Intelligence In Military Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Charles River Analytics Inc., BAE Systems PLC., Northrop Grumman Corporation, Raytheon Technologies Corporation
Artificial Lift System Global Market Report
The Business Research Company's Artificial Intelligence In Military Global Market Report 2023 identifies the Increased spending on defense is driving the growth of artificial intelligence in the military market going forward. Artificial intelligence refers to the simulation of human intelligence in machines that are programmed to work like humans and spoof their actions. Most governments have set up specialized departments or organizations with the specific purpose of developing new capabilities as well as planning, launching, and integrating AI capabilities into military equipment.
The global artificial intelligence in military market size grew from $7.28 billion in 2022 to $8.58 billion in 2023 at a compound annual growth rate (CAGR) of 17.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The artificial intelligence in military market size is expected to grow to $15.09 billion in 2027 at a CAGR of 15.1%.
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Major players in the artificial intelligence in military market are Charles River Analytics Inc., BAE Systems PLC., Northrop Grumman Corporation, Raytheon Technologies Corporation, Lockheed Martin Corporation, Thales Group, Harris Corporation, IBM Corporation, Rafael Advanced Defense Systems, Microsoft Corporation, Oracle Corporation, Amazon Web Services Inc., SAS Institute, Meta Platforms Inc., SAP SE, Salesforce Inc., Baidu Inc., and SoarTech.
A key trend in the Artificial Intelligence In Military market includes the Technological advancement is a key trend gaining popularity in artificial intelligence in the military market. Major players operating in the artificial intelligence in the military market are concentrating their efforts on creating innovative technologies to strengthen their position.
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The Artificial Intelligence In Military market is segmented -
1) By Type: Child Day Care Services, Community And Individual Services
2) By Mode: Online, Offline
3) By Application: Food Stamp Program, Disaster Relief Services, Adoption Services, Self-help
Subsegments Covered: Baby And Child Day Care Centers, Pre-Kindergarten And Preschool Centers, Nursery Schools, Community Food, Housing, And Relief Services, Individual And Family Services
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Artificial Intelligence In Military market.
The Business Research Company's "Global Artificial Intelligence In Military Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Artificial Intelligence In Military Market Include:
1. Executive Summary
2. Artificial Intelligence In Military Market Characteristics
3. Artificial Intelligence In Military Market Trends And Strategies
4. Artificial Intelligence In Military Market - Macro Economic Scenario
5. Artificial Intelligence In Military Market Size And Growth
……
27. Artificial Intelligence In Military Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Artificial Intelligence In Military Market
29. Artificial Intelligence In Military Market Future Outlook and Potential Analysis
30. Appendix
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