The global AI in defense market is growing significantly, at a CAGR during the forecast period (2019-2025). AI can be utilized in the development of autonomous and intelligent weapon systems, such as unmanned aerial, underwater and surface vehicles, as well as cruise missiles and military robotics. AI can be utilized for efficient processing of sensor information and raw intelligence. This incorporates automation of multi-sensor data fusion and intelligent sensing to leverage situational awareness. In addition, the adoption of cloud based services is further expected to propel the market growth during the forecast period. The major companies, such as Northrop Grumman Corp. and Lockheed Martin Corp. are continuously investing in AI technologies for a range of military applications. For instance, in June 2018, Lockheed Martin Corp. declared to increase its venture capital fund by nearly double times, accounting for $200 million and provide investments to a range of SMEs that are engaged in the areas of advanced manufacturing for the defense sector.

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There are various pivotal factors that are driving the global AI in defense market, which includes growing defense industry and continuous integration of advanced technologies in defense sector. The countries are supporting the defense expenditure with huge budget sanctions which as a result is propelling the purchasing and acquisition power of military organizations under the defense protocols. According to the SIPRI, the total expenditure of the US was around $649 billion, China was $250 billion, Saudi Arabia was $67.5 billion, Russia was $61.3 billion, India was $66.5 billion, and France was $63.8 billion in 2018. The private funding in the defense industry is accelerating the integration of advanced technology in defense such as AI, machine learning, and IoT.

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Market Segmentation

Global AI in Defense Market by Offering
Hardware
Software
Services
Global AI in Defense Market by Platform
Air
Land
Naval
Space
Global AI in Defense Market by Application
Cyber Security
Logistics & Transportation
Simulation & Training
Military Healthcare
Threat Monitoring
Others (Information Processing)
Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles

Amazon Web Services, Inc.
BAE Systems PLC
Booz Allen Hamilton Inc.
Charles River Analytics, Inc.
General Dynamics Corp.
Google LLC
IBM Corp.
L3Harris Technologies, Inc.
Leidos, Inc.
Lockheed Martin Corp.
Microsoft Corp.
Northrop Grumman Corp.
NVIDIA Corp.
Raytheon Co.
Rockwell Collins Inc.
SAIC
SparkCognition, Inc.
Thales Group
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