Zion Market Research

Global Artificial Intelligence in Military Market Will Reach USD 16,300 Million by 2026: Zion Market Research

Global Artificial Intelligence in Military Market Will Reach USD 16,300 Million By 2026: Zion Market Research

 

Sarasota, FL -- (SBWIRE) -- 04/12/2019 -- Zion Market Research has published a new report titled "Artificial Intelligence in Military Market by Application (Warfare Platform, Cyber Security, Logistics & Transportation, Target Recognition, Battlefield Healthcare, Simulation & Training, Threat Monitoring & Situational Awareness, Information Processing, and Others), by Platform (Land, Naval, Airborne, and Space), by Offering (Hardware, Software, and Services), and by Technology (Learning & Intelligence, Advanced Computing, and AI Systems): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026". According to the report, the global artificial intelligence in military market was valued at approximately USD 4,800 million in 2018 and is expected to generate around USD 16,300 million by 2026, at a CAGR of around 14.5% between 2019 and 2026.

Artificial intelligence in military involves the use of a computer-controlled robot for different military or defense activities, such as; unmanned ground vehicles, unmanned maritime vehicles, fighter aircraft, and helicopter, unmanned aerial vehicles, etc. The increasing demand for developing military equipment in collaboration with artificial intelligence to enhance the security on borders, growing development of chipsets underneath artificial intelligence, and rising acceptance of cloud services by military are contributing toward the artificial intelligence in military market globally.

FREE | Request Sample is Available @ http://bit.ly/2KtHuR3

Based on application, the artificial intelligence in military market includes cyber security, warfare platform, logistics and transportation, battlefield healthcare, target recognition, simulation and training, information processing, threat monitoring, and situational awareness, and others. The warfare platform segment accounted for the major share, around 25%, in 2018, due to the high adaption and adoption of C4ISR capabilities, i.e., command, control, communications, computers, intelligence, surveillance, and reconnaissance. Moreover, the modernization of electronic warfare inventory in Russia is expected to further boost this segment over the forecast time period. The cybersecurity segment is expected to register the highest CAGR in the future, owing to the increasing number of cyber threats and the development of advanced technologies.

Based on platform, the global market includes land (military fighting vehicles, unmanned ground vehicles, air defense systems, command and control systems, and others), naval (naval ships, submarines, unmanned maritime vehicles, and others), airborne (fighter aircraft and helicopter, transport and cargo aircraft, unmanned aerial vehicles, and others), and space (space launch vehicles, satellites, and others). In 2018, the naval segment accounted for the largest share in the global market and is expected to show the highest CAGR in the upcoming years.

Download Free PDF Report Brochure @ http://bit.ly/2KvVPN2

Based on the offering, the global artificial intelligence in military market includes hardware (processor, memory, and network), software (AI solutions and AI platforms), and services (deployment and integration, upgrade and maintenance, software support, and others). The software segment held the largest share, i.e., more than 50%, of the global artificial intelligence in military market in 2018, owing to the high adoption of technically advanced software for military purpose. The services segment is expected to register high growth in the future, due to the increasing demand for deployment and integration, upgrade and maintenance, and software support services.

By technology, the global artificial intelligence in military market includes learning and intelligence, advanced computing, and AI systems. The learning and intelligence segment includes modeling and simulation, data mining, natural language processing, deep learning, and machine learning. The advanced computing segment includes quantum computing, neuromorphic engineering, and supercomputing. The AI system segment includes computer vision, virtual reality, and virtual agents. The learning and intelligence segment held the largest share in 2018 in the global market, due to the increasing focus to develop new learning and intelligence AI-based programs.

By geography, the global artificial intelligence in military market is segmented into NATO (North Atlantic Treaty Organization) and Russia. NATO dominated the artificial intelligence in military market in 2018 and is expected to remain dominant over the forecast time period as well. Russia is expected to register the highest CAGR in the global artificial intelligence in military market in the future.

Inquire more about this report @ http://bit.ly/2KvkGQQ

Some key players of the global artificial intelligence in military market are SparkCognition Inc., Charles River Analytics, Inc., Leidos, Boeing, SAIC, Thales Group, IBM, General Dynamics, NVIDIA Corporation, BAE Systems, Harris Corporation, Lockheed Martin Corporation, Raytheon Company, and Northrop Grumman Corporation.

This report segments the global artificial intelligence in military market as follows:

Global Artificial Intelligence in Military Market: Application Analysis

Warfare Platform
Cyber Security
Logistics and Transportation
Target Recognition
Battlefield Healthcare
Simulation and Training
Threat Monitoring and Situational Awareness
Information Processing
Others

Global Artificial Intelligence in Military Market: Platform Analysis

Land
Military Fighting Vehicles (MFVs)
Unmanned Ground Vehicles (UGVs)
Air Defense Systems
Command and Control Systems
Others
Naval
Naval Ships
Submarines
Unmanned Maritime Vehicles (UMVs)
Others
Airborne
Fighter Aircraft and Helicopter
Transport and Cargo Aircraft
Unmanned Aerial Vehicles (UAVs)
Others
Space
Space Launch Vehicles
Satellites
Others

Global Artificial Intelligence in Military Market: Offering Analysis

Hardware
Processor
Memory
Network
Software
AI Solutions
AI Platforms
Services
Deployment and Integration
Upgrade and Maintenance
Software Support
Others

Global Artificial Intelligence in Military Market: Technology Analysis

Learning and Intelligence
Modeling and Simulation
Data Mining
Natural Language Processing
Deep Learning
Machine Learning
Advanced Computing
Quantum Computing
Neuromorphic Engineering
Supercomputing
AI Systems
Computer Vision
Virtual Reality
Virtual Agents

Global Artificial Intelligence in Military Market: Regional Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

Enquire Here Get customization & check discount for report @ http://bit.ly/2KvPAsB

About Zion Market Research
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.