The artificial intelligence in modern warfare market size is expected to see exponential growth in the next few years. It will grow to $22.63 billion in 2028 at a compound annual growth rate (CAGR) of 37.2%. The growth in the forecast period can be attributed to development of autonomous weapons systems, emphasis on cyber warfare capabilities, rising investment in defense ai research, adoption of ai for decision support, increasing focus on data analytics in warfare. Major trends in the forecast period include development of explainable ai in military applications, use of ai for predictive maintenance in defense systems, integration of ai in military training programs, growth of ai-powered command and control systems, deployment of ai for logistics and supply chain optimization in the military.
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Segmentation & Regional Insights
The artificial intelligence in modern warfare market covered in this report is segmented –
1) By Type: Weaponized Artificial Intelligence, Defensive Artificial Intelligence, Offensive Artificial Intelligence, Assisting Artificial Intelligence, Autonomous Artificial Intelligence
2) By Type Of Equipment: Unmanned Aerial Vehicle, Unmanned Ground Vehicle, Combat Systems, Recovery And Maintenance Vehicle, Reconnaissance And Surveillance Vehicle, Medical Evacuation Vehicle
3) By Application: Tactical Defensive, Military Offensive
North America was the largest region in the artificial intelligence in the modern warfare market in 2023. The regions covered in the artificial intelligence in modern warfare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growing threat of cyberattacks is expected to propel the growth of artificial intelligence in the modern warfare market going forward. A cyberattack is any attempt to acquire unauthorized access to a computer, computing system, or computer network to cause damage. Artificial intelligence in modern warfare can primarily be utilized for defensive purposes to enhance cybersecurity and protect against cyber threats, ensuring the safety and effectiveness of AI-enabled defense systems. For instance, in March 2023, according to the Internet Crime Complaint Center Releases 2022 Statistics, published by the Federal Bureau of Investigation, a US-based intergovernmental organization, there were 847,376 complaints received as of 2021 about a variety of online frauds, resulting in a loss of $6.9 billion. Therefore, the growing threat of cyberattacks is driving the growth of artificial intelligence in the modern warfare market.
Key Industry Players
Major companies operating in the artificial intelligence in modern warfare market report are Microsoft Corporation, Raytheon Technologies Corporation, Boeing Co., Lockheed Martin Corporation, International Business Machines Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems plc, Thales Group, L3Harris Technologies Inc., Leonardo S.p.A, Textron Inc., Booz Allen Hamilton Holding Corporation, Science Applications International Corporation Inc., Rheinmetall AG, CACI International Inc., Elbit Systems Ltd., Rafael Advanced Defense Systems Limited, General Atomics Aeronautical Systems Inc., Qinetiq Ltd., Palantir Technologies Inc., Teledyne FLIR LLC, Shield AI Inc., SparkCognition Inc., Roboteam Inc., Stryke Industries LLC
The artificial intelligence in modern warfare market report table of contents includes:
1. Executive Summary
2. Artificial Intelligence In Modern Warfare Market Characteristics
3. Artificial Intelligence In Modern Warfare Market Trends And Strategies
4. Artificial Intelligence In Modern Warfare Market – Macro Economic Scenario
5. Global Artificial Intelligence In Modern Warfare Market Size and Growth
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32. Global Artificial Intelligence In Modern Warfare Market Competitive Benchmarking
33. Global Artificial Intelligence In Modern Warfare Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence In Modern Warfare Market
35. Artificial Intelligence In Modern Warfare Market Future Outlook and Potential Analysis
36. Appendix
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