AI in the Global Modern Warfare Market: Growth, Trends and Forecasts (2018-2023) - A $5.4+ Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 18, 2018--The “Global Artificial Intelligence in Modern Warfare Market - Segmented by Type of Equipment and Geography - Growth, Trends and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The market was valued at USD 779.5 million in 2017, and it is expected to reach a value of USD 5,428.4 million by 2023, at a CAGR of 40.2% during 2018-2023.
Over the past decade, with advancements in software and semiconductor technologies and Artificial Intelligence (AI) have had a disruptive effect on the defense sector, thus enhancing the capabilities of defense equipment at a significant pace.
The emergence of extremist organizations across the globe, such as ISIS, has led to an increased emphasis on the use of technology in the fields of counter terrorism and defense activities. Through continued experiments and studies, automated vehicles have been identified to act as force multipliers.
With continual advancements in AI, the same output is being realized using fewer equipment and warfighters. In addition, the replacement of human soldiers by unmanned AI-powered machines has been one of the driving factors for the increasing adoption of AI in modern warfare.
Key HighlightsGrowth in Mass Destructive Weapons Driving the Growth of the Market Unmanned Aerial Vehicles Expected to Dominate the Market North America to Dominate the Market
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Artificial Intelligence in Modern Warfare Market - Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Outlook of the Global Artificial Intelligence in Modern Warfare Market
Companies ProfiledThe Boeing Company General Dynamics Corporation Alphabet Inc. (Google Inc.) IBM Corporation Intel Corporation Endeavor Robotics JSC Kalashnikov Concern Lockheed Martin Corporation Northrop Grumman Corporation FLIR Unmanned Aerial Systems Dassault Aviation Raytheon Company Roboteam Ltd. SparkCognition Inc. Stryke Industries LLC Textron Inc.
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Related Topics:Artificial Intelligence
KEYWORD: EUROPE NORTH AMERICA MIDDLE EAST
INDUSTRY KEYWORD: DEFENSE OTHER DEFENSE
SOURCE: Research and Markets
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PUB: 12/18/2018 09:13 AM/DISC: 12/18/2018 09:13 AM