Artificial Intelligence in Military Market by Size, Growth, Trends, Solution, Platform, Application and Region
The Artificial Intelligence in Military Market Report provides an analysis of the market from 2017 to 2025. It discusses industry and technology trends currently prevailing in the market, along with drivers, challenges, and opportunities. The Artificial Intelligence in Military Market is estimated to be USD 6.26 Billion in 2017 and is projected to reach USD 18.82 Billion by 2025, at a CAGR of 14.75% from 2017 to 2025.
Increasing investment towards the development of AI integrated systems and rising adoption of cloud-based applications are key factors projected to drive the growth of the artificial intelligence in military market.
Browse 67 market data Tables and 46 Figures spread through 149 Pages and in-depth TOC on "Artificial Intelligence in Military Market - Global Forecast to 2025"
Based on platform, the land segment is projected to lead the artificial intelligence in military market.
Based on platform, the land segment is expected to lead the artificial intelligence in military market from 2017 to 2025. Militaries worldwide are focused on the integration of AI with land platforms. The incorporation of AI technology into unmanned ground vehicles assists in the successful execution of various ground operations, such as disabling Improvised Explosive Devices (IEDs) and other kinds of roadside bombs intended to cripple military patrols and convoys.
Based on offering, the software segment of the artificial intelligence in military market is expected to grow at the highest CAGR during the forecast period.
Based on offering, the artificial intelligence in military market has been segmented into hardware, software, and services. The software segment of the artificial intelligence in military market is projected to grow at the highest CAGR during the forecast period. The growth of the software segment can be attributed to the significance of AI software in strengthening the IT framework to prevent incidents of security breach.
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