Artificial intelligence in Defense Market Share, Size, and Trends by 2028
Artificial Intelligence in Defense Market: Size and Share
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CAGR (2023 - 2031)12.4% -
Market Size 2023
US$ 6.37 Billion -
Market Size 2031
US$ 16.17 Billion
Market Dynamics
- The growing adoption of AI in unmanned aerial vehicles and increasing investments in AI technology
- Significant developments in AI, talent acquisition, and patent filings
- Huge applications of AI in the defense sector
Market Segmentation
- Hardware
- Software
- Services
- Advanced Computing
- AI Systems
- Learning and Intelligence
- Land
- Air
- Naval
- Cyber Security
- Battlefield Healthcare
- Logistics & Transportation
- Warfare Platform
Artificial Intelligence in Defense Market Players Density: Understanding Its Impact on Business Dynamics
The Artificial Intelligence in Defense Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Artificial Intelligence in Defense Market are:
- BAE Systems plc.
- IBM Corporation
- Leidos
- Lockheed Martin Corporation
- Raytheon Technologies Corporation
- Charles River Analytics, Inc.
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Artificial Intelligence in Defense Market top key players overview