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AI & Analytics in Military & Defense Market Share

Report ID: GMI12260
Published Date: Nov 2024
Report Format: PDF

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AI & Analytics in Military & Defense Market Share

The AI and analytics market in military and defense is fiercely competitive. Key players like Avathon, Shield AI, Raytheon, BAE Systems, and Thales lead the field. They focus on developing autonomous systems, AI analytics, and cutting-edge defense tech across areas such as cybersecurity and surveillance. Competition isn't just about innovation; it's also about winning government contracts and forming strategic partnerships. Companies constantly work to integrate AI into defense systems, aiming to boost performance, security, and efficiency. This ongoing push drives both tech advances and market positioning in this fast-changing sector.

AI & Analytics in Military & Defense Market Companies

Major players operating in the AI & analytics in military & defense industry are:

Avathon
BAE Systems
CACI International
Charles River Analytics
IBM
L3Harris Technologies
Leonardo
Lockheed Martin
Northrop Grumman
Nvidia
Rafael Advanced Defense Systems
Raytheon Technologies
Saab
Safran
Shield AI
Thales

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for AI & analytics in military & defense was valued at USD 10.4 billion in 2024 and is expected to reach USD 35.8 billion by 2034, driven by a CAGR of 13.4% from 2025 to 2034.

The information processing segment dominated the global market with a revenue of USD 2.2 billion in 2024, driven by the increasing use of AI-powered real-time data analytics.

The North America market held a 37.7% share in 2024, driven by the integration of AI into autonomous systems such as UAVs, ground robots, and ships.

Major players in the industry include Avathon, BAE Systems, CACI International, Charles River Analytics, IBM, L3Harris Technologies, Leonardo, Lockheed Martin, Northrop Grumman, and Nvidia.