ARTIFICIAL INTELLIGENCE IN DEFENSE MARKET SIZE, TRENDS & ANALYSIS – FORECASTS TO 2025 - PowerPoint PPT Presentation

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ARTIFICIAL INTELLIGENCE IN DEFENSE MARKET SIZE, TRENDS & ANALYSIS – FORECASTS TO 2025

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Title: ARTIFICIAL INTELLIGENCE IN DEFENSE MARKET SIZE, TRENDS & ANALYSIS – FORECASTS TO 2025


1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Artificial
Intelligence in Defense Market. Market
Insights The global AI in defense market is
anticipated to grow at an exponential rate over
the coming years. Increasing advancements in
defense technology coupled with growing funding
from military research agencies are major
factors likely to propel the rising adoption of
AI systems in the defense sector. The
successful implementation of drones by defense
agencies across the world has led to several
advantages ranging from guarding borders to
enforce laws for combat missions. Drones also
have a variety of applications in search
rescue missions, illegal traffic monitoring, and
other intelligence missions. Autonomous weapons
systems and military robots are further
responsible for development and deployment of AI
in the defense sector. Although factors such as
the unpredictability of AI algorithms coupled
with the absence of standards and protocols are
likely to hinder the market growth over the
forecast period. However, rising application of
big data analytics for information processing and
high adoption of cloud services by defense
industry is likely to stimulate the market growth
over the coming years.
2
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Artificial Intelligence in Defense
Market Offering Insights The global AI in
defense market is segmented into hardware,
software, and services, based on the offering.
Hardware segment covers processor, memory, and
network Software includes AI solutions and AI
platforms. Deployment integration, upgrade
maintenance and software support among others
are listed under services. The software segment
is anticipated to hold the largest share of the
AI in defense market in the coming years. The
presence of major software companies coupled with
growing demand for software-based AI solutions
is likely to propel the market growth over the
coming years. The hardware segment is also likely
to register a significant growth rate due to
increased use of the processor, camera, and
memory in drones and other weapons. Artificial
Intelligence in Defense Market Technology/
Platform Insights By technology, the global AI
in defense market is divided into learning
intelligence, advanced computing, AI systems.
Learning intelligence segment is projected to
hold significant market share due to increased
government spending for developing
highly-advanced AI systems in several countries
such as India, the U.S., China, and Russia among
others. Natural Language Processing has held the
largest market share among the learning
intelligence technologies. The demand has also
significantly increased by increasing use of NLP
to manage huge volumes of data for predictive
analysis. Based on platforms, the market is
segmented into land, naval, airborne, and space.
Airborne Systems, especially UAVs are gaining a
lot of traction in defense applications. Artific
ial Intelligence in Defense Market Application
Insights On the basis of application, the market
is divided into simulation training, autonomous
unmanned weapon systems, computational military
reasoning, battlefield healthcare, ai-enabled
data fusion, logistics transportation, cyber
defense warfare, cognitive radio cognitive
electronic warfare. Autonomous unmanned weapon
systems, Simulation training, and cyber defense
warfare are likely to hold significant market
share over the coming years.
3
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Artificial Intelligence in Defense
Market Regional Insights North America
dominated the overall AI in defense market in
2016 and is likely to grow at a considerable
rate over the coming years. The growth is
primarily attributed to increased U.S.
government spending on RD activities to develop
advanced AI concepts such as wearable
electronics loaded up with combat apps. The Asia
Pacific is likely to be the highest growing
region over the forecast period. China is
considered to be the major contributor to the
regional growth. Chinas growth is likely to be
influenced by the introduction of next-generation
AI technologies, such as big data, swarm
intelligence, hybrid enhanced intelligence, and
autonomous intelligent systems among others.
Artificial Intelligence in Defense Market Vendor
Landscape The report contains a chapter
dedicated to vendors operating in the market,
covering raw material manufactures, equipment
developers, manufacturers, and distributors. The
report provides these insights on a regional
level. This section of the report entails contact
details, experience, products manufactured/suppli
ed, and geographical presence of
companies. Artificial Intelligence in Defense
Market Share Competitor Analysis Some of the
players operating in the global artificial
intelligence in defense market include Lockheed
Martin, Raytheon Company, Northrop Grumman,
Thales Group, IBM, BAE Systems, General
Dynamics, Nvidia, Soartech, Sparkcognition,
Charles River Analytics, SAIC, Harris
Corporation, and Boeing.
4
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • The report segments the Artificial Intelligence
    in Defense Market on the basis of
  • By Offering
  • Hardware
  • Software
  • Services
  • By Technology
  • Learning Intelligence
  • Advanced Computing
  • AI Systems
  • By Application
  • Simulation Training

5
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa

This article contains text from the Artificial
Intelligence in Defense Market Forecast to
2025 report prepared by Global Market
Estimates. For more information or to buy the
report, please visit https//www.globalmarketest
imates.com/artificial-intelligence-in-defense-mark
et/
Check our annual research partnership service
at https//www.globalmarketestimates.com/annual-
research-partnership-services/
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