Press release
Artificial Intelligence in Military Market Anticipated To Witness Robust Growth, Surpassing $19.74 Billion By 2029
Artificial Intelligence in Military
What Is the Current Artificial Intelligence in Military Market Size and Its Estimated Growth Rate?
Over the past few years, the size of the artificial intelligence in the military market has experienced a swift expansion. It is projected to increase from $9.67 billion in 2024 to a size of $11.25 billion in 2025, marking a compound annual growth rate (CAGR) of 16.4%. The notable growth observed during the historic period is due to several factors such as increased budget allocations, heightened concerns about cybersecurity, a surge in available data, the rise in threats, and economic growth.
The market size for artificial intelligence in the military sector is predicted to experience swift expansion in the forthcoming years, reaching $19.74 billion in 2029 with a compound annual growth rate (CAGR) of 15.1%. The predicted growth during this period can be linked to various factors including geopolitical conflicts, an increased focus on research and development, an expanding military and defense sector, higher government backing, and growing industrial automation. The forecast period also sees an upward trend in industry collaborations, human-machine collaborations, technologies used for both civilian and military purposes, cognitive electronic warfare, and swarm technology.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7704
How Are Emerging Segments Shaping the Artificial Intelligence in Military Market Landscape?
The artificial intelligence in military market covered in this report is segmented -
1) By Offering: Hardware, Software, Service
2) By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Intelligent Virtual Agent (IVA) or Virtual Agents, Other Technologies
3) By Platform: Land, Naval, Airborne
4) By Installation: New Procurement, Upgradation
5) By Application: Information Processing, Simulation and Training, Warfare Platform, Threat Monitoring and Situational Awareness, Cyber Security, Other Applications
Subsegments:
1) By Hardware: AI-Powered Sensors, Robotics and Drones, Computing Hardware (GPUs, TPUs), Network Infrastructure
2) By Software: AI Algorithms and Models, Machine Learning Software, Data Analytics Software, Cybersecurity Software
3) By Service: AI Integration Services, Consulting Services, Maintenance and Support Services, Training and Development Services
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7704&type=smp
Which Growth Factors Are Influencing Artificial Intelligence in Military Market Expansion?
The rise in defense expenditures is propelling the expansion of the artificial intelligence in military market. Artificial intelligence embodies the imitation of human intellect in machines that are engineered to act and mimic human actions. Many governments have established specialized departments or entities dedicated solely to cultivating new abilities and strategizing, initiating, and incorporating AI competencies into military hardware. For example, the Stockholm International Peace Research Institute, an international institute based in Sweden, reported in April 2024 that worldwide military expenditures amounted to roughly $2.29 trillion in 2022. This figure rose to $2.44 trillion in 2023, which depicts a 6.8% growth from the previous year. Consequently, escalating defense expenditures are bolstering the expansion of the artificial intelligence in military market.
Who Are the Dominant Players Across Different Artificial Intelligence in Military Market Segments?
Major companies operating in the artificial intelligence in military market include Charles River Analytics Inc., BAE Systems PLC., Northrop Grumman Corporation, RTX Corporation, Lockheed Martin Corporation, Thales Group, Harris Corporation, International Business Machines Corporation, Rafael Advanced Defense Systems, Microsoft Corporation, Oracle Corporation, Amazon Web Services Inc., SAS Institute, Meta Platforms Inc., SAP SE, Salesforce Inc., Baidu Inc., SoarTech, Google LLC, NVIDIA Corporation, Intel Corporation, General Dynamics Corporation, Rolls-Royce Holdings plc, General Electric Aviation, Safran S.A., Israel Aerospace Industries, Triumph Group Inc., Boeing Co., Airbus SE, Leonardo S.p.A., L3Harris Technologies Inc., Elbit Systems Ltd., Rheinmetall AG, Collins Aerospace, Kongsberg Gruppen
What Are the Latest Developing Trends in the Artificial Intelligence in Military Market?
Progress in technology is becoming a noteworthy trend within the artificial intelligence in military sector. Dominant firms within this market are focusing their strategies on developing groundbreaking tech in order to fortify their status. For instance, in July 2022, aerospace and defense enterprise Raytheon Technologies, based in the United States, collaborated with fellow US-based company, C3 AI's application platform. The aim of their partnership is to bring forth the next level of artificial intelligence (AI) and machine learning (ML) competencies for the US Army's Tactical Intelligence Targeting Access Node (TITAN) program. This initiative will utilize terrestrial and aerial sensors to consume data from lofty altitudes and outer space, thereby yielding targetable data and enhancing situational awareness.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-military-global-market-report
Which Geographic Regions Are Expected to Dominate the Artificial Intelligence in Military Market in the Coming Years?
North America was the largest region in the artificial intelligence in military market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence in military market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence in Military Market?
2. What is the CAGR expected in the Artificial Intelligence in Military Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence in Military Industry?
4. Which Region Is Leading the Artificial Intelligence in Military Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence in Military Market Anticipated To Witness Robust Growth, Surpassing $19.74 Billion By 2029 here
News-ID: 3951751 • Views: …
More Releases from The Business Research Company
Soaring Demand Set to Propel Converting Equipment Market to $53.07 Billion by 20 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Converting Equipment Market Through 2025?
The market size for converting equipment has been consistently expanding in the past few years. There is an expected growth from $43.01 billion in 2024 to $44.5 billion in 2025, driven by a compound annual growth rate…
Bioprocess Automation Market Growth Accelerates: Strategic Forecast Predicts $10 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Bioprocess Automation Industry Market Size Be by 2025?
In recent years, the bioprocess automation market has experienced rapid expansion. It is projected to increase from $5.67 billion in 2024 to $6.35 billion in 2025, with a compound annual growth rate (CAGR) of 12.0%. The considerable growth…
Rise Of Automatic Garage Door Operators In The Expanding Construction Industry: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Automatic Garage Door Operator Market Size By 2025?
In recent times, the market size for automatic garage door operators has seen consistent growth. It is projected to increase from $2.75 billion in 2024 to $2.88 billion in 2025, with a compound annual growth rate (CAGR)…
Future of the Wire Harness Market: Trends, Innovations, and Key Forecasts Throug …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Wire Harness Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the wire harness market has seen a consistent increase in size. Projections indicate that it will expand from $65.81 billion in 2024 to $68.6 billion in 2025, with a compound annual growth rate…
More Releases for Intel
Global Slim Laptop Market By Type (Intel I3, Intel I5 Low Power Version, Sharp D …
The Global Slim Laptop Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Slim Laptop Market report aims to provide an overview of Slim Laptop Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Slim Laptop Market Economy…
Wearable Computer Market Global Forecast 2018| Studied By LG, ,Honeywell, Epson, …
UpMarketResearch published an exclusive report on “Wearable Computer market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Wearable Computer market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.…
Smart Grid Security Market - Competitive Analysis | Cisco Systems, Inc., Intel C …
The global market for smart grid security is highly influenced by the rise in the population and the rapid pace of urbanization in emerging economies. The main factor behind this is increasing shift of energy resources companies to smart meters and smart appliances by leveraging Internet of Things (IoT) and cloud, owing to the augmenting pressure on them to meet the ever-increasing energy requirements of the urban population. With this,…
Intel Labs launches the Intel Collaborative Research Institute for Computational …
22 May, 2012
—While computer performance exceeds human performance in many respects, there are still many tasks that humans perform easily and computers have a hard time with. Intel, in collaboration with the Technion–Israel Institute of Technology and the Hebrew University of Jerusalem, hopes to change this situation by exploring technologies that mimic the human brain's mode of action—
Intel today announced it is establishing the Intel Collaborative Research institute for…
Rutronik Becomes Europe-Wide Intel Distributor
Ispringen (Germany), February 23, 2016 – As of now, Rutronik Elektronische Bauelemente GmbH is an Embedded Distributor for Intel in the EMEA region. The distribution agreement covers the entire Intel product range, excluding the former Altera products.
Rutronik and Intel officially sealed their distribution agreement at the Embedded World event, making Rutronik an Embedded Distributor for Intel throughout the entire EMEA region. Rutronik as such primarily addresses the industrial market.…
Intel Distributes ESET Security Software With Intel® Desktop Boards
ESET Validates Market Strength as Industry-Leading AV Solution
Dubai, United Arab Emirates, September 23, 2009 – ESET, the leader in proactive threat protection, announced today that Intel will distribute ESET security software products with Intel-branded desktop motherboards starting in Q1 2010. As a result of the distribution agreement, Intel Desktop Boards will include either a 45-day or one-year product license for ESET Smart Security.
ESET will ship exclusively with new Intel®…
