About Artificial intelligence in Defense
Artificial intelligence in Defense refers to the integration of advance technology with defense equipment's to increase its efficacy and applications. Artificial intelligence equipped with defense system is capable of handling large volumes of data efficacy. In addition, these systems have improved self-regulation & self-control due to their enhance computing and decision-making capabilities. Further autonomous weapons platform computer vision technology to identify and track objects. Artificial Intelligence (AI) can help in extraction including radar and automatic identification system with upgrading defense weapons, tools and equipment with latest technologies in driving the Artificial Intelligence in defense market growth. The potential benefits of AI in defense are undeniable. As technology continues to develop and governments invest in AI capabilities, we can expect the market to continue to grow in the coming years. However, it's crucial to address the ethical concerns and ensure the responsible development and use of AI in this domain.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitive landscape for AI in defense is full of opportunities and challenges. As the technology advances and its applications in defense become more widespread, it's crucial to address ethical concerns, ensure data security, and establish appropriate regulatory frameworks. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Artificial intelligence in Defense market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lockheed Martin Corporation (United States), BAE Systems (United Kingdom), AIRBUS (France), L3Harris Technologies, Inc., IBM Corporation (United States), Rafael Advanced Defense Systems Ltd. (Isarel), SAAB (Sweden), Hindustan Aeronautics Limited (India), Norinco Private Limited (China) and SparkCognition (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are L3Harris Technologies, Inc. (United States), RTX (United Staes), Sierra Nevada Corporation (United Staes), Catic (China) and General Atomics (United States).
Segmentation Overview
AMA Research has segmented the market of Global Artificial intelligence in Defense market by , Application (Cyber Security, Battlefield Healthcare, Logistic & Transportation, Warfare Platform and Others) and Region.
On the basis of geography, the market of Artificial intelligence in Defense has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. Air will boost the Artificial intelligence in Defense market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Machine Learning will boost the Artificial intelligence in Defense market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering, the sub-segment i.e. Hardware will boost the Artificial intelligence in Defense market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Investment in AI technology
Market Growth Drivers:
Growing adoption of Artificial Intelligence in unmanned Aerial Vehicles and Increased security threats
Challenges:
Threat Detection and Analysis
Restraints:
Lack of human oversight
Opportunities:
Development of Autonomous Defense Systems and Advanced Logistics and Maintenance
Market Leaders and their expansionary development strategies
In March 2021, Lockheed Martin and NEC Corporation have signed a joint collaboration agreement to extend their partnership utilizing NEC's System Invariant Analysis Technology (SIAT). The companies are also finalizing a licensing agreement with a multi-year option.
In January 2023, Raytheon Technologies unveiled its "Skyborg" autonomous air combat system, utilizing AI for decision-making and collaborative operations. Skyborg represents a significant development in the field of autonomous military systems, showcasing the potential of AI to revolutionize air combat tactics and capabilities.
Key Target Audience
Military & Defense, Market Research & Consultancy Firm, Potential investors, Government & Regulatory Body, Research & Development and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.