The global AI in defense market size was valued at USD 7.5 billion in 2020, which is expected to reach USD 13.6 billion by 2027, registering a CAGR of 12.7% over the forecast period.Below information is analyzed in depth in the report-
Global AI in Defense Market Revenue, 2018-2023, 2024-2033, (US$ Millions)
Global AI in Defense Market Sales Volume, 2018-2023, 2024-2033, (Units)
Share of the top five AI in Defense companies in 2023 (%)
Market Growth Mapping
Qualitative and quantitative methodologies were utilized in the process of market growth mapping. The report offers an extensive examination of market dynamics, including a thorough assessment of the primary factors that drive market expansion, challenges encountered by industry participants, and forthcoming trends that indicate recent development. Prospects for investment and expansion are discerned via a comprehensive SWOT analysis, which evaluates the market’s strengths, weakness, opportunities, and threats. The PESTEL analysis, which investigates the technological, environmental, political, economic, and social factors that influence the industry, provides additional depth of analysis. Furthermore, the report incorporates an analysis of PORTER'S 5 forces, which provides valuable perspectives on the sector's profitability and competitive intensity. Moreover, the report covers regulatory landscape, COVID-19 impact analysis, customer sentiment and behavior, trade analysis, supply-demand analysis, and the influence of government policies and other macroeconomic factors.
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AI in Defense Market Segmentation:
This study offers a thorough segmentation of the AI in Defense market based on an in-depth examination of the product portfolios and customers of key regional and global market players. By means of a comprehensive examination, we offer detailed perspectives on market segmentation, assisting stakeholders in comprehending the diverse aspects and variables that impact the AI in Defense market.
The AI in defense market has been segmented on the basis of offering –
Hardware
Software
Services
The AI in defense market has been segmented on the basis of the platform –
Airborne
Fighter Aircraft & Helicopter
Transport Aircraft
Transport Aircraft
Fighter Aircraft & Helicopter
Land
Unmanned Ground Vehicles (UGVs)
Military Fighting Vehicles (MFVs)
Others
Naval
Space
The AI in defense market has been segmented on the basis of application –
Cyber Security
Military Healthcare
Threat Monitoring & Situational Awareness
Simulation & Training
Logistics & Transportation
Others (Warfare Platform)
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The key companies covered in the market report are:
BAE Systems
The Boeing Company
Charles River Analytics Inc.
General Dynamics Corporation
Harris Corporation
IBM Corporation
Leidos
Lockheed Martin Corporation
Northrop Grumman Corporation
NVIDIA Corporation
Raytheon Company
SAIC
SoarTech
SparkCognition
Thales Group.