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AI in Military Market Size, Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2024 – 2032
- Report ID: GMI5468
AI in Military Market Size
AI in Military Market is expected to grow at a rapid pace during 2024-2032, driven by technological advancements, increasing security concerns, and the pursuit of more efficient & effective defense strategies.
According to Embroker in 2023, cybercrime has surged by 600% since 2019, encompassing theft, hacking, and data destruction. Escalating security concerns and the urgent need for heightened defense capabilities are driving the adoption of artificial intelligence (AI) in the military sector. In response to evolving threats and geopolitical tensions, nations are increasingly turning to AI-powered solutions to bolster their defense infrastructure. AI's ability to analyze vast datasets in real-time enhances situational awareness, facilitates proactive defense measures, and enables agile decision-making in complex operational environments. This strategic integration of AI technologies not only strengthens defense capabilities but also ensures nations remain competitive and resilient in the face of emerging security challenges.
AI in Military Market Trends
There is increasing integration of AI-powered systems in various military applications, including autonomous vehicles, surveillance drones, and decision support systems. This enhances military capabilities by improving situational awareness, operational efficiency, and decision-making accuracy. Moreover, collaborations between defense agencies, technology companies, and research institutions are fueling innovation in AI applications for military use, leading to the development of next-generation warfare systems, shaping the industry outlook.
AI in Military Market Analysis
The hardware segment is anticipated to develop significantly throughout the forecast period, owing to the rising use of AI technology in complex procedures and increased demand for specialized components such as AI processors & memory. AI and ML can generate & evaluate large amounts of mission data in real-time, enabling autonomous cognitive electronic warfare. Moreover, the increasing technological growth in AI produces unique AI hardware and related development tools, which are expected to accelerate the segment growth.
The cybersecurity application segment is set to gain traction till 2032, driven by the escalating threat of cyber-attacks on military infrastructure and sensitive data. AI-driven cybersecurity solutions offer unparalleled capabilities in threat detection, anomaly detection, and predictive analysis, enabling proactive defense measures and rapid response to cyber threats. Moreover, by leveraging AI algorithms, military organizations can enhance their cyber resilience and safeguard critical assets against malicious activities, thereby enhancing their overall appeal.
North America AI in Military Market is poised to grow significantly till 2032, owing to the presence of leading defense contractors, robust technological infrastructure, and substantial investments in R&D. The U.S. remains at the forefront of AI innovation in the military domain, with initiatives such as the Department of Defense's Joint Artificial Intelligence Center (JAIC). Additionally, stringent regulatory frameworks and ethical considerations surrounding AI deployment in the military are shaping market dynamics, driving the adoption of responsible AI practices.
AI in Military Market Share
Some of the prominent players in the artificial intelligence in military market include:
- Charles River Analytics, Inc
- IBM Corporation
- L3Harris Technologies Inc
- Northrop Grumman Corporation
- Rafael Advanced Défense Systems
- Raytheon Technologies Corporation
- SparkCognition
- Thales Group
With evolving armed forces' needs, the focus is on producing new goods and partnering with key players. Through mergers, acquisitions, and new product launches, these companies aim to expand globally and meet demand.
AI in Military Industry News
- In 2023, IBM inked a deal with the NATO Communications and Information Agency (NCI Agency) to enhance the Alliance's cybersecurity posture. This collaboration aims to bolster security visibility and asset management across all NATO enterprise networks.
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