Global AI in Military Market Growth (Status and Outlook) 2022-2028
Military applications of AI have become a prominent topic of interest in the field of artificial intelligence. With new ways of using AI constantly developing, it can be challenging to keep up with ways in which it can aid military operations. As AI becomes more essential, military dominance won’t be defined by the size of an army, but by the performance of its algorithms.
The global market for AI in Military is estimated to increase from US$ 5429.3 million in 2021 to reach US$ 13900 million by 2028, exhibiting a CAGR of 14.4% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global key players of AI in Military include BAE Systems, Raytheon, L3Harris, Northrop Grumman, Leidos, etc. The top five players hold a share over 34%. North America is the largest market, has a share about 39%, followed by Europe and Asia-Pacific, with share 19% and 29%, separately. In terms of product type, Hardware is the largest segment, occupied for a share of 39%, and in terms of application, Warfare Platform has a share about 20 percent.
This latest report provides a deep insight into the global AI in Military market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global AI in Military market, with both quantitative and qualitative data, to help readers understand how the AI in Military market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions.
The study segments the AI in Military market and forecasts the market size by Type (Hardware, Software and Service), by Application (Warfare Platform, Cyber Security, Logistics and Transportation and Combat Simulation and Training), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Segmentation by application
Logistics and Transportation
Combat Simulation and Training
Command and Control
Segmentation by region
Middle East & Africa
Major companies covered
Charles River Analytics
Changsha Jingjia Microelectronics
Chapter 1: Scope of AI in Military, Research Methodology, etc.
Chapter 2: Executive Summary, global AI in Military market size and CAGR, AI in Military market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: AI in Military revenue, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global AI in Military revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, revenue segment by country, by type, and application.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global AI in Military market size forecast by region, by country, by type, and application
Chapter 13: Comprehensive company profiles of the leading players, including BAE Systems, Raytheon, L3Harris, Northrop Grumman, Leidos, Lockheed Martin, General Dynamics, Thales and IBM, etc.
Chapter 14: Research Findings and Conclusion
Please note: The report will take approximately 2 business days to prepare and deliver.
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