The global Artificial Intelligence (AI) for militarymarket size reached USD 6.50 billion in 2020 and is expected to register a revenue CAGR of 13.4% during the forecast period, according to latest analysis by Emergen Research. Increasing hostility and terrorism and political instability are expected to boost market revenue growth. Additionally, increasing government expenditure on research & development of AI enabled military weapons is expected to support market growth between 2021 and 2028. Currently, rising geopolitical tensions among countries and increasing Chinese actions are propelling various countries to modernize military technology using AI. Integrating AI will enable countries to conduct better surveillance in order to detect and prevent threats. Similarly, AI technology can be used to process a large amount of data and facilitate better decision-making during times of conflict. These are some major factors driving growth of the global AI for military market revenue.

The report studies the impact of the COVID-19 pandemic on the Artificial Intelligence in Military market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Lockheed Martin Corporation, NVIDIA Corporation., BAE Systems, Inc., Northrop Grumman Corporation., Raytheon Technologies, General Dynamics Corporation, Textron Inc., SparkCognition Government Systems, Arkray, Inc., and Leidos Inc

Research Report on the Artificial Intelligence in Military Market Addresses the Following Key Questions:

• Who are the dominant players of the Artificial Intelligence in Military market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Artificial Intelligence in Military market?
• What are the key growth drivers and restraining factors of the Artificial Intelligence in Military market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Artificial Intelligence in Military market and its key segments?

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/artificial-intelligence-in-military-market

Emergen Research has segmented the global Artificial Intelligence in Military market on the basis of type, type of care, and region

Segments Covered in this report are:

• Offering Outlook (Revenue, USD Billion; 2018–2028)

  • Software
    1. Artificial Intelligence Solutions
    2. Artificial Intelligence Platforms
  • Hardware
    1. Processor
    2. Network
    3. Memory
  • Services
    1. Software Assistance
    2. Upgradation & Maintenance
    3. Deployment & Integration

• Platform Outlook (Revenue, USD Billion; 2018–2028)

  • Land
    1. Autonomous Combat Vehicles
    2. Unmanned Ground Vehicle
    3. Autonomous Combat Robots
  • Sea
    1. Unmanned Maritime Vehicles
    2. Anti-Missile Technology
    3. Ship Navigation Systems
  • Air
    1. Unmanned Aerial Vehicles
    2. Aircraft Maintenance
    3. Cognitive Electronic Warfare
  • Space
    1. Satellite Data Processing
    2. Intelligent Navigation Systems
    3. AI Assistant Robots
    4. Space Exploration

• Application Outlook (Revenue, USD Billion; 2018–2028)

  • Reconnaissance and Intelligence Gathering
  • Surveillance and Counterinsurgency
  • Information Processing
  • Cyber Security
  • Threat Analysis
  • Warfare Simulation

In conclusion, the Artificial Intelligence in Military Market report is an exhaustive database that will help readers formulate lucrative strategies. The Artificial Intelligence in Military Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Artificial Intelligence in Military market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Artificial Intelligence in Military with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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