B&S - Artificial Intelligence in Military Market - Global Forecast To 2028

ARTIFICIAL INTELLIGENCE IN MILITARY MARKET -
GLOBAL FORECAST TO 2028

ARTIFICIAL INTELLIGENCE
IN MILITARY MARKET
R E P O R T B R O C H U R E W I T H S A M P L E PAG E S
REPORT CODE: AS 6116

sales@marketsandmarkets.com www.marketsandmarkets.com 1
INTRODUCTION
1.1 STUDY OBJECTIVES

To define, describe, and forecast the AI in military market size based on offering, application, technology, platform, and
installation type, along with a regional analysis
To forecast the size of different segments of the market with respect to four key regions, namely, North America, Europe,
Asia Pacific, the Middle East & Africa, and Latin America, along with their key countries
To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market
To identify the technology trends currently prevailing in the market
To provide an overview of the tariff and regulatory landscape with respect to AI in the military across different regions
To analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the overall
market
To analyze the opportunities in the market for stakeholders by identifying key market trends
To analyze the impact of the recession on the market and its stakeholders
To profile the leading market players and comprehensively analyze their market share and core competencies
To analyze the degree of competition in the market by identifying key growth strategies, such as constant innovation,
high R&D investment, product and service launches, collaborations & expansions, contracts, mergers & acquisitions,
partnerships, and agreements, adopted by the leading players
To identify detailed financial positions, key products, and unique selling points of the leading companies in the market
To provide a detailed competitive landscape of the AI in military market, along with a ranking analysis, market share
analysis, and revenue analysis of the key players
1.2 MARKET DEFINITION

AI in the military refers to the strategic incorporation of artificial intelligence (AI) technologies and systems into various
facets of military operations and defense mechanisms. It entails leveraging intelligent machines, advanced algorithms, and
software to execute tasks traditionally carried out by human personnel, aiming to augment military capabilities, optimize
efficiency, and bolster overall effectiveness. The integration of AI in military operations encompasses a broad spectrum
of applications, ranging from autonomous systems designed for surveillance and reconnaissance to decision support
systems facilitating real-time intelligence analysis and predictive modeling. Additional applications include cybersecurity
measures for proactive threat detection and defense, precision targeting for optimal strikes, streamlined logistics and
supply chain management, cutting-edge training & simulation tools, and advanced natural language processing for
enhanced communication and data analysis. Embracing AI in the military brings forth numerous opportunities, including
heightened operational capacities, improved situational awareness, and reduced risks for human personnel. However, it
also necessitates a careful consideration of ethical implications, including responsible deployment, accountability, and the
preservation of human oversight in critical decision-making processes.
This research study focuses on the organized market for AI in the military of some major spending countries in North
America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. The market sizing includes the sales of military
AI equipment and software & services provided by various players operating in this market. R&D spending by various
military organizations, agencies, and governments is also included in the market sizing.
INTRODUCTION
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
Figure 1 AI IN MILITARY MARKET SEGMENTATION
AI IN MILITARY MARKET
APPLICATION OFFERING TECHNOLOGY

 Warfare Platforms  Hardware  Machine Learning (ML)
 Cybersecurity • Processor • Deep Learning
 Logistics & Transportation • Memory • Supervised Learning
 Surveillance & Situational • Network • Unsupervised Learning
Awareness  Software • Reinforcement Learning
 Command & Control • AI Solutions • Generative Adversarial
 Battlefield Healthcare • AI Platforms Networks
 Simulation & Training  Services • Others
 Information Processing • Deployment & Integration  Natural Language Processing
 Threat/Target Tracking & • Upgrades & Maintenance  Context-aware Computing
Monitoring • Software Support  Computer Vision
 Others • Others  Intelligent Virtual Agent
 Others
PLATFORM
 Land • Unmanned Ground • Fighter Aircraft
• Military Fighting Vehicles (UGVs) • Helicopters INSTALLATION TYPE
Vehicles  Naval • Special Mission
 New Installation
• Weapon Systems • Naval Ships Aircraft
 Upgrade
• Headquarters & • Submarines • Unmanned Aerial
Command Centers • Unmanned Vehicles (UAVs)
• Dismounted Soldier Maritime Vehicles  Space
Systems (UMVs) • CubeSat
• Land Robots  Airborne • Satellites
Note: Other applications include nuclear, biological, and chemical (NBC) scenario monitoring, ammunition testing, fund allocation, manpower management, and fire monitoring.
Other services include computing, cybersecurity-related, consulting & training, and cloud services.
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
INTRODUCTION
1.3.2 YEARS CONSIDERED
2020–2021 2022 2023 2028
HISTORICAL YEARS BASE YEAR ESTIMATED YEAR PROJECTED YEAR
Note: For company profiles where financials for the base year were not available, those of the previous year were considered.
1.3.3 REGIONAL SCOPE
NORTH AMERICA EUROPE ASIA PACIFIC MIDDLE EAST & AFRICA LATIN AMERICA
 US  UK  China  Israel  Brazil

 Canada  Germany  India  Turkey  Mexico
 France  Japan  Saudi Arabia
 Italy  Australia  South Africa
 Russia  South Korea
 Rest of  Rest of
Europe Asia Pacific
Note: Rest of Europe includes Spain, Poland, Denmark, Sweden, and Norway. Rest of Asia Pacific includes Singapore and New Zealand.
Source: Interviews with Experts, Secondary Research, and MarketsandMarkets Analysis
INTRODUCTION
1.4 CURRENCY CONSIDERED

The currency used in the report is the US Dollar (USD), with the market size indicated in USD Million. Its value is assumed
to remain constant during the forecast period. The base year considered for currency conversion is 2022.
Company revenue figures were sourced from their annual report.
For companies reporting their revenues in other currencies, the currency exchange rate pertaining to that year was
used to convert the values to the USD equivalent.
Table 1 USD EXCHANGE RATES
DATE EURO GBP (BRITISH POUND) TRY (TURKISH LIRA)
December 12th, 2022 0.95 0.81 18.65
December 31st, 2021 0.86 0.76 8.89
December 31st, 2020 0.82 0.73 7.44
December 31st, 2019 0.89 0.75 5.95
Source: OANDA
1.5 STAKEHOLDERS
AI Technology Providers
System Integrators
AI Solution Providers
AI Platform Providers
Cloud Service Providers
AI System Providers
Investors and Venture Capitalists
Component Manufacturers
Distributors and Suppliers
Universities, Research Organizations, Forums, Alliances, and Associations
Ministries of Defense
Original Equipment Manufacturers (OEMs)
Regulatory Bodies
R&D Companies
INTRODUCTION
1.6 LIMITATIONS
PARAMETER LIMITATION
Quantitative information for some market segments is kept confidential by

PRIMARIES, BY KEY PLAYER industry players. Hence, qualitative insights gathered during the study have
been used to arrive at the market size for such segments.
The number of industry experts available in developing markets across the

Middle Eastern, African, and Latin American regions is limited. In such
cases, the geographic market size is derived based on the weightages
PRIMARIES, BY REGION
assigned to these markets based on the qualitative insights from the global
industry experts and the AI in military market growth trends observed in
these geographic markets.
1.7 SUMMARY OF CHANGES

According to previous MarketsandMarkets estimates, the AI in military market was projected to grow from USD 6.3
billion in 2020 to USD 11.6 billion by 2025, at a CAGR of 13.1%. According to the latest estimates, the market is
expected to grow from USD 9.23 billion in 2023 to USD 38.80 billion by 2028, at a CAGR of 33.3%.
The industry trends section of the new report has also been updated, including the latest trends, applications, and
technologies that shape the AI in military market.
The market overview section of the report has been updated, including the key stakeholders & buying criteria, pricing
analysis, and key conferences & events specific to the AI in military market.
A recession impact analysis is included in the report to analyze the impact of the recession on the demand and growth
of the AI in military market.
The forecast period has been changed from 2020–2025 in the previous version to 2023–2028 in the present version.
RESEARCH METHODOLOGY
2.1 RESEARCH DATA

This research study involved the extensive use of secondary sources, directories, and databases [such as Stockholm
International Peace Research Institute (SIPRI), UN Comtrade, Organization for Economic Cooperation and Development
(OECD), and Factiva] to identify and collect relevant information on the AI in military market. The primary sources included
industry experts from the concerned market, preferred suppliers, manufacturers, solution providers, technology developers,
alliances, and organizations related to all the segments of the industry’s value chain. All primary sources were interviewed
to obtain and verify critical qualitative and quantitative information as well as to assess the prospects of the market.
The following figure showcases the research methodology applied in developing this report on the AI in military market.
Figure 2 AI IN MILITARY MARKET: RESEARCH DESIGN
TECHNOLOGY TRENDS INDUSTRY TRENDS COMPETITIVE LANDSCAPE

AI IN MILITARY
MARKET COMPANY
MARKET SIZE MARKET RANKING
DEVELOPMENTS
DRIVERS: RESTRAINTS:
 Increased investments in development of AI-enabled  Lack of standards and
solutions to strengthen military capabilities protocols for use of AI in
 Development of high-end AI chips military applications
 Need for advanced surveillance systems and situational  Ethical concerns related to
awareness deployment of lethal
INFLUENCING  Surge in adoption of intelligent unmanned vehicles autonomous weapons
FACTORS  Growing application of AI in cyber security and threat
(Market Trends detection
and Dynamics)
OPPORTUNITIES: CHALLENGES:
 Incorporation of quantum computing in AI  Absence of backward analysis
 Increasing adoption of AI in predictive  Limited availability of skilled workforce and
maintenance of military platforms technical expertise
 Sensitive nature of military data
MARKET SIZE & FORECAST:

MARKET SIZE
 By Offering
ESTIMATION
 By Application ARRIVE AT THE SIZE,
FORECAST  By Technology SHARE, AND CAGR OF
(2023–2028) THE AI IN MILITARY
 By Platform
MARKET
HIGH-GROWTH  By Installation Type
SEGMENTS
 By Region
Source: Secondary Research and MarketsandMarkets Analysis
2.1.1 SECONDARY DATA

The market share of the companies offering AI-enabled military application solutions was procured based on the
secondary data available through paid and unpaid sources and by analyzing the product portfolios of major companies
and rating them based on their performance and quality. In the secondary research process, sources such as government
databases: SIPRI; corporate filings: annual reports, press releases, and investor presentations of the companies; white
papers, journals, and certified publications; articles by recognized authors; and directories & databases were used to
identify and collect the information for this study.
Secondary research was mainly used to obtain key information about the value and supply chain of the industry. The method
was also used to identify the essential players by various products, market classifications, and segmentations according
to their offerings. Secondary information helped to understand the industry trends related to the application, platform,
technology, offering, installation type, and critical developments from the market and technology-oriented perspectives.
2.1.1.1 KEY DATA FROM SECONDARY SOURCES
PARAMETER SOURCE
 US Government Accountability Office (US GAO)

 UN Comtrade
 Organization for Economic Cooperation
and Development (OECD)
MARKET SIZE  SIPRI Database
(Value)
 World Bank Database
 Government Documents
 Trade Statistics For International Business Development
 MarketsandMarkets Data Repository
 Annual Reports
 Company Websites
REVENUE OF COMPANIES  Factiva
 Company Press Releases (Contracts/JVs/Agreements)
 Manufacturer Websites
QUALITATIVE INFORMATION  Defense Annual Reports
(Market Dynamics and Trends)  Defense Press Releases (Blogs, News Articles)
Source: Secondary Research and MarketsandMarkets Analysis
2.1.2 PRIMARY DATA

Extensive primary research was conducted after obtaining information about the current scenario of the AI in military market
through the secondary research. In the primary research process, various sources from the supply and demand sides
were interviewed to obtain qualitative and quantitative information on the market. Primary sources from the supply side
included industry experts such as vice presidents (VPs); directors from business development, marketing, and product
development/innovation teams; related key executives from marine vessel manufacturers; aircraft manufacturers; memory
and graphics processing unit manufacturers, military AI service providers; integrators; and key opinion leaders. The
primary sources from the demand side included defense agencies and departments, armed forces, defense contractors,
and military research institutions.
2.1.2.1 KEY DATA FROM PRIMARY SOURCES
TYPE PARAMETER KEY DATA
 Overall Size of the Market

in 2022
 AI in Military Market Size
GLOBAL MARKET  CAGR of the Market during
 AI in Military Market by Segment
the Forecast Period from
2023 to 2028
 Size of the AI in Military Market  Market, by Region – North America, Europe,

REGIONAL SPLITS Asia Pacific, Middle East & Africa, Latin America
in 2022
 Hardware, Software, Services

 Warfare Platforms, Cybersecurity, Logistics &
Transportation, Surveillance & Situational Awareness,
 By Offering Command & Control, Battlefield Healthcare, Simulation &
 By Application Training, Threat/Target Tracking & Monitoring, Information
SEGMENT Processing
 By Technology
SPLIT  Machine Learning, Natural Language Processing, Context-
 By Platform
 By Installation Type aware Computing, Computer Vision, Intelligent Virtual
Agent, and Others
 Airborne, Naval, Land, Space
 New Installation, Upgrade
Note: Market scope and segmentations were validated through various secondary sources and primary interviews.
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION

After arriving at the overall market size from the market size estimation process explained above, the total market was
split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact
statistics for market segments and subsegments, the data triangulation and market breakdown procedures explained
below were implemented wherever applicable. The data was triangulated by studying various factors and trends from
both the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up
approaches.
The following figure indicates the market breakdown structure and the data triangulation procedure implemented in the
market engineering process used in this report.
Figure 3 DATA TRIANGULATION
PRIMARY SOURCES SECONDARY SOURCES
INTERVIEWS WITH: MARKET SIZE ANALYSIS:

 AI in military end users,  Sales data is mapped from the
DEMAND SIDE
manufacturers, and industry company websites and contracts,

experts among others
 Defense personnel  Import and export data are tracked
 Public/Private publications MnM KNOW* from UN Comtrade database, Factiva,
AI in Military Survey, Defense
Reports, SIPRI Data Base, World
Bank Database, and CRS reports,
DATA
INTERVIEWS WITH: among others, for the information on
PRIMARY TRIANGULATION current trends in the AI in Military
 Key executives from various SOURCES
ecosystem
organizations operating in
SECONDARY
SUPPLY SIDE
the AI in military market SOURCES MARKET SHARE ANALYSIS:

 Major players are mapped based on
revenue, product portfolios, and
sales channels
 Annual sales and geographic
penetration of the leading players are
INFORMATION SOURCED mapped
STEP 1: STEP 2: STEP 3:

Identified the key stakeholders in the AI in Information gathered: Major Detailed data provided on the key segments, key
military market, i.e., manufacturers, suppliers and defense stakeholders, competitive scenario of the AI in
integrators, and end users contracts, among others military market based on the MnM analysis
*MnM KNOW stands for MarketsandMarkets’ 'Knowledge Asset Management' framework. In this context, it stands for existing market research
knowledge repository of over 5,000 granular markets, our flagship competitive intelligence and market research platform “KnowledgeStore", subject
matter experts, and independent consultants. MnM KNOW acts as an independent source that helps us validate information gathered from primary
and secondary sources.
The figure above demonstrates the core data triangulation procedure used in this report for every market, submarket,
and subsegment. The percentage splits of various market segments, including application, technology, platform, offering,
installation type, and region, were used to determine the size of the AI in military market.
2.3 GROWTH RATE ASSUMPTIONS

The growth forecast model was defined based on the assessment of qualitative and quantitative factors affecting the
growth of the AI in military market. These factors include:
Demand-side factor assessment, including modernization/upgrade of militaries and increasing demand for AI in various
military platforms
Impact of the recession, which has resulted in varying demand across various countries
Impact of historic competitive trends driving the market growth: includes product launches, strategic growth initiatives,
innovation trends, and R&D initiatives
2.4 RESEARCH ASSUMPTIONS

Due to the lack of data about the procurement of AI by the militaries globally, assumptions were made based on
parameters such as military expenditure, budget allocation for different sectors, and import & export data of countries.
For the military, wherein accurate data was unavailable for the current year (2023), historical data was used as a
reference to arrive at the current year’s data.
Information for some AI in military deliveries pertaining to Russia and China was unavailable in the public domain. In
such cases, data points such as customers served, export potential (if any), or historic findings/news articles/blogs,
etc., related to companies were used.
The revenue share analysis in the competitive landscape was based on a revenue breakdown for different applications
obtained from the financials (segment revenues) of the companies, their product portfolios, and other qualitative
information that was publicly available.
Figure 4 RESEARCH ASSUMPTIONS
PARAMETER ASSUMPTION
CURRENCY VALUE, 2022 was considered the base year to calculate the market share of the key players. The
EXCHANGE RATES, AND currency used was the US dollar and its value was assumed to remain constant during
CURRENCY CONVERSION the forecast period of 2023-2028.
The average selling price (ASP), wherever applied, was calculated using the suitable
AVERAGE SELLING PRICE methods considering the external qualitative factors that affect these prices. Inflation
(ASP) AND INFLATION was not a part of pricing as the aggregate inflation effect of all currencies nullifies the
inflation effect of each currency in the long run.
Qualitative analysis from the quantitative data obtained was primarily based on the
QUALITATIVE ANALYSIS understanding of the market and its trends by a team of experts involved in developing
this report.
ECONOMIC DOWNTURNS Impact of the recession has been considered to forecast the market in this study.
Note: The market was assumed to face the direct impact of geopolitical scenarios across the globe, thereby leading to considerable deviation in actual results due to known and unknown risk factors and
uncertainties.
Artificial Intelligence in Military Market - Global Forecast to 2028
TABLE OF CONTENTS
1 INTRODUCTION (PAGE NO. 28) 2.4 Market Breakdown and Data Triangulation
2.5 Growth Rate Assumptions
1.1 Study Objectives
2.6 Research Assumptions
1.2 Market Definition
2.7 Risk Assessment
1.3 Market Scope
1.3.1 Markets Covered 3 EXECUTIVE SUMMARY (PAGE NO. 46)
1.3.2 Years Considered
1.3.3 Regional Scope 4 PREMIUM INSIGHTS (PAGE NO. 49)
1.4 Inclusions and Exclusions 4.1 Attractive Growth Opportunities for
1.5 Currency Considered Players in AI in Military Market
1.6 Stakeholders 4.2 AI in Military Market, By Machine Learning Technology
1.7 Limitations 4.3 AI in Military Market, By Platform
1.8 Summary of Changes 4.4 AI in Military Market, By Installation Type
4.5 AI in Military Market, By Region
2 RESEARCH METHODOLOGY (PAGE NO. 33)
2.1 Research Data 5 MARKET OVERVIEW (PAGE NO. 52)
2.1.1 Secondary Data 5.1 Introduction
2.1.1.1 Key Data from Secondary Sources 5.2 Market Dynamics
2.1.2 Primary Data 5.2.1 Drivers
2.1.2.1 Key Industry Insights 5.2.1.1 Increased Investments in Development
2.1.2.2 Key Data from Primary Sources of AI-Enabled Solutions to Strengthen
Military Capabilities
2.1.2.3 Primary Sources
5.2.1.2 Development of High-End AI Chips
2.1.2.4 Breakdown of Primary Interviews
5.2.1.3 Need for Advanced Surveillance
2.1.3 Recession Impact Analysis
Systems and Situational Awareness
2.2 Factor Analysis 5.2.1.4 Surge in Adoption of Intelligent
2.2.1 Introduction Unmanned Vehicles
2.2.2 Demand-Side Indicators 5.2.1.5 Growing Application of AI in Cyber
2.2.2.1 Increase in Conflicts Security and Threat Detection
and Disputes Globally 5.2.2 Restraints
2.2.2.2 Increase in Military Spending of 5.2.2.1 Lack of Protocols and Standards for use of
Emerging Countries AI in Military Applications
2.2.3 Supply-Side Indicators 5.2.2.2 Ethical Concerns Related to Deployment
2.2.3.1 Financial Trends of of Lethal Autonomous Weapons
Major US Defense Contractors 5.2.2.3 High Costs Associated with Development
and Integration of AI-Based Systems
2.3 Market Size Estimation and Methodology
5.2.3 Opportunities
2.3.1 Bottom-Up Approach
5.2.3.1 Incorporation of Quantum
2.3.1.1 AI in Military Market Bottom-Up Approach
Computing in AI
2.3.1.2 AI in Military Market size Estimation,
5.2.3.2 Increasing Adoption of AI in Predictive
By Segments
Maintenance in Military Platforms
2.3.2 Top-Down Approach
TABLE OF CONTENTS
5.2.4 Challenges 6.3 Technology Roadmap
5.2.4.1 Absence of Backward Analysis 6.4 Use Case Analysis
5.2.4.2 Limited Availability of Skilled Workforce 6.4.1 AI in Military Drones for Autonomous
and Technical Expertise
Surveillance and Reconnaissance
5.2.4.3 Concerns Related to Data Privacy
6.4.2 Improved Autonomous Maritime Operations
and Security
6.4.3 Deployment of Pictorial Training Tool to
5.3 Value Chain Analysis
Improve Battlefield First-Aid Skills from
5.4 Trends/Disruption Impacting Customer Business
Charles River Analytics
5.4.1 Revenue Shift and New Revenue Pockets
6.4.4 C3 AI Readiness: use of AI Predictive Maintenance
for AI in Military Manufacturers
in US Air Force
5.5 AI in Military Market Ecosystem Analysis/Mapping
6.4.5 Have Raider: Deployed to Demonstrate
5.6 Porter’s Five Forces Analysis Manned-Unmanned Teaming
5.6.1 Threat of New Entrants 6.5 Technology Analysis
5.6.2 Threat of Substitutes 6.6 Impact of Megatrends
5.6.3 Bargaining Power of Suppliers 6.6.1 AIOBT: Digitalization and Introduction of Internet of
5.6.4 Bargaining Power of Buyers Things Systems with AI in Military Market
5.6.5 Intensity of Competitive Rivalry 6.6.2 Natural Language Processing
5.7 Regulatory Landscape 6.6.3 New Global Arms Race
5.7.1 North America 6.6.4 Big Data Analytics
5.7.2 Europe 6.6.5 Blockchain
5.7.3 Asia Pacific 6.7 Innovations and Patent Registrations
5.7.4 Middle East
7 AI IN MILITARY MARKET,
5.8 Trade Analysis
BY OFFERING (PAGE NO. 87)
5.9 Key Stakeholders and Buying Criteria
7.1 Introduction
5.9.1 Key Stakeholders in Buying Process
7.2 Hardware
5.9.2 Buying Criteria
7.2.1 Processor
5.10 Key Conferences and Events in 2023–2024
7.2.1.1 Development of Specialized Chips to Pave
6 INDUSTRY TRENDS (PAGE NO. 74) Way for Wider Application of AI in Military
7.2.2 Memory
6.1 Introduction
7.2.2.1 High-Bandwidth Parallel File Systems
6.2 Key Technological Trends in AI in Military Market to Increase Efficiency and Throughput of
6.2.1 Quantum Machine Learning Memory Devices
6.2.2 Faster Data Transfer with 5G Networking 7.2.3 Network
6.2.3 Swarm Intelligence 7.2.3.1 5G Network to Improve
Connection Capabilities
6.2.4 Internet of Battlefield Things (IOBT)
7.3 Software
6.2.5 Advanced Analytics
7.3.1 AI Solutions
6.2.6 Artificial Neural Network
7.3.1.1 Increasing Developing of AI Solutions
for Military Applications
TABLE OF CONTENTS
7.3.1.1.1 On-Premises 8.9 Threat/target Monitoring & Tracking
7.3.1.1.2 Cloud 8.9.1 Adoption of AI in UAVs to Assist in
7.3.2 AI Platforms Threat/Target Monitoring & Tracking
7.3.2.1 Demand for Intelligent Applications and 8.10 Information Processing
Learning Algorithms on Rise 8.10.1 Processing Huge Volumes of Data to
7.4 Services Gather Valuable Insights to Boost Market
7.4.1 Deployment & Integration 8.11 Others
7.4.1.1 Used to Create and Deploy
Custom Text Analytics 9 AI IN MILITARY MARKET,
7.4.2 Upgrades & Maintenance BY TECHNOLOGY (PAGE NO. 104)
7.4.2.1 Use of Predictive Maintenance 9.1 Introduction
Tools to Boost Market
9.2 Machine Learning (ML)
7.4.3 Software Support 9.2.1 Deep Learning
7.4.3.1 Periodic Upgrades to Improve Capabilities 9.2.1.1 Deep Learning Increasingly used
to Drive Software Support Segment in Facial Recognition
7.4.4 Others 9.2.2 Supervised Learning
9.2.2.1 Classification and Regression:
Major Segments of Supervised Learning
BY APPLICATION (PAGE NO. 96)
9.2.3 Unsupervised Learning
8.1 Introduction
9.2.3.1 Unsupervised Learning Integral to
8.2 Warfare Platforms Identifying Patterns in Critical Data
8.2.1 Rise of AI in EW Platforms to Boost Market 9.2.4 Reinforcement Learning
8.3 Cybersecurity 9.2.4.1 Reinforcement Learning used for
8.3.1 Increasing Cyber-Attacks and Need Autonomous Decision-Making
in Military Applications
for Security to Drive Market
9.2.5 Generative Adversarial Learning
8.4 Logistics & Transportation
9.2.5.1 Generative Adversarial Learning is Widely
8.4.1 Increasing Tactical and Strategic used for Surveillance and Situational
Military Operations to Fuel Market Awareness Applications
8.5 Surveillance & Situational Awareness 9.2.6 Others
8.5.1 Efficiency in Gathering Actionable 9.3 Natural Language Processing
Intelligence to Drive Market
9.3.1 High Demand for Programming of Computers
8.6 Command & Control to Process Natural Language Data
8.6.1 Improving Ability to Gather Data for Better 9.4 Context-Aware Computing
Decision-Making to Drive Market
9.4.1 Used for Improvement of RF Signals
8.7 Battlefield Healthcare and Situational Awareness
8.7.1 New Capabilities That Reduce Battlefield 9.5 Computer Vision
Causalities to Drive Market
9.5.1 Investments in Development of High-Resolution 3D
8.8 Simulation & Training Geospatial Information Systems Boost Segment
8.8.1 Increasing Investments in Simulation & Training
Sector to Drive Market
TABLE OF CONTENTS
9.6 Intelligent Virtual Agent 10.4 Naval
9.6.1 Demand for Virtual Identities for Recruitment, 10.4.1 Naval Ships
Cyber Defense, and Training 10.4.1.1 Increasing AI Capabilities to
9.7 Others Contribute to Market Growth
9.7.1 Increase in Adoption of Speech Recognition 10.4.2 Submarines

and Emotional Recognition 10.4.2.1 Investments to Develop Advanced
Submarines to Drive Demand
10 AI IN MILITARY MARKET, 10.4.3 Unmanned Marine Vehicles
BY PLATFORM (PAGE NO. 112) 10.4.3.1 Adoption of UMVs for Defense
10.1 Introduction Applications to Support Market Growth
10.2 Airborne 10.5 Space
10.2.1 Fighter Aircraft 10.5.1 Need to Prevent Collisions in Space to Drive Market
10.2.1.1 Military Modernization Programs 10.5.2 Cubesat
to Drive Market 10.5.3 Satellites
10.2.2 Special Mission Aircraft
10.2.2.1 Increasing Tactical and Strategic
Military Operations to Drive Demand BY INSTALLATION TYPE (PAGE NO. 124)
10.2.3 Helicopters 11.1 Introduction
10.2.3.1 Use of Helicopters with Advanced 11.2 New Installation
Capabilities and High Operational
11.2.1 Growing Defense Expenditure on AI-Powered Tools
Range to Drive Market
and Systems Boosts New Installation Segment
10.2.4 Unmanned Aerial Vehicles
11.3 Upgrade
10.2.4.1 Increasing Adoption of ISR and
Combat Applications to Fuel Market 11.3.1 Demand for Enhanced Military Capabilities
to Drive Market
10.3 Land
10.3.1 Military Fighting Vehicles 12 AI IN MILITARY MARKET,
10.3.1.1 Improved Capabilities of Military BY REGION (PAGE NO. 127)
Vehicles to Drive Market
12.1 Introduction
10.3.2 Unmanned Ground Vehicles
12.2 Regional Recession Impact Analysis
10.3.2.1 Increased Adoption of Advanced
Ground Vehicles to Drive Market 12.3 North America
10.3.3 Weapons Systems 12.3.1 Pestle Analysis: North America

10.3.3.1 Increased Spending to Improve 12.3.2 US
Defense Capabilities to Drive Market 12.3.2.1 Modernizing Programs and Defense
Policies to Drive Market
10.3.4 Headquarters & Command Centers
10.3.4.1 C5ISR Capabilities to Boost Market 12.3.3 Canada
12.3.3.1 Increased Investment in Defense R&D
10.3.5 Dismounted Soldier Systems
Activities to Drive Market
10.3.5.1 Enhanced Situational Awareness
Capabilities to Fuel Market
TABLE OF CONTENTS
12.4 Europe 12.6 Middle East & Africa
12.4.1 Pestle Analysis: Europe 12.6.1 Pestle Analysis: Middle East & Africa
12.4.2 UK 12.6.2 Israel
12.4.2.1 Defense Modernization Programs 12.6.2.1 Rising Focus on Development of State-of-
to Drive Market the-Art Military Solutions to Drive Market
12.4.3 France 12.6.3 Turkey
12.4.3.1 Technological Advancements 12.6.3.1 Increased Investment to Strengthen
to Drive Market Defense Capability to Drive Market
12.4.4 Germany 12.6.4 Saudi Arabia
12.4.4.1 Increasing Investment in R&D Activities 12.6.4.1 Need for Cyber-Defense to Boost Market
to Fuel Market
12.6.5 South Africa
12.4.5 Russia 12.6.5.1 Need for New Military Equipment
12.4.5.1 Necessity to Modernize Defense to Boost Market
Operations with AI Capabilities
12.7 Latin America
to Drive Market
12.7.1 Pestle Analysis: Latin America
12.4.6 Italy
12.7.2 Mexico
12.4.6.1 Initiatives Aimed at Renewing
Naval Fleet to Drive Demand 12.7.2.1 Focus on Strengthening
ISR Capabilities to Drive Market
12.4.7 Rest of Europe
12.7.3 Brazil
12.5 Asia Pacific
12.7.3.1 Modernization of Armed Forces
12.5.1 Pestle Analysis: Asia Pacific to Propel Market
12.5.2 China
12.5.2.1 Increase in R&D Expenditure for 13 COMPETITIVE LANDSCAPE (PAGE NO. 200)
Military Equipment to Boost Market 13.1 Introduction
12.5.3 India 13.1.1 Key Growth Strategies of Leading Players
12.5.3.1 Ongoing Modernization of Indian in AI in Military Market
Defense to Fuel Market
13.2 Ranking Analysis of Key Players in
12.5.4 Japan AI in Military Market, 2022
12.5.4.1 Need to Strengthen Combat
13.3 Revenue Analysis, 2022
Capabilities to Boost Market
13.4 Market Share Analysis, 2022
12.5.5 South Korea
13.5 Competitive Evaluation Quadrant
12.5.5.1 Vision to Be AI Powerhouse to
Drive Market 13.5.1 Stars
12.5.6 Australia 13.5.2 Emerging Leaders
12.5.6.1 Demand for Modern AI in Military 13.5.3 Pervasive Players
Radars with Advanced Technologies 13.5.4 Participants
to Drive Market
13.6 Startup/SME Evaluation Quadrant
12.5.7 Rest of Asia Pacific
13.6.1 Progressive Companies
13.6.2 Responsive Companies
13.6.3 Dynamic Companies
13.6.4 Starting Blocks
TABLE OF CONTENTS
13.7 Competitive Benchmarking 14.3 Other Players
13.8 Competitive Scenario 14.3.1 SHIELD AI
13.8.1 Market Evaluation Framework 14.3.2 RAFAEL ADVANCED DEFENSE SYSTEMS LTD.
13.8.2 Product Launches 14.3.3 DARKTRACE HOLDINGS LIMITED
13.8.3 Deals 14.3.4 SPARKCOGNITION INC.
13.8.4 Others 14.3.5 SOAR TECHNOLOGY, INC.
14.3.6 CHARLES RIVER ANALYTICS
14 COMPANY PROFILES (PAGE NO. 220)
14.3.7 ANDURIL INDUSTRIES, INC.
14.1 Introduction
14.3.8 C3.AI, INC.
14.2 Key Players
(Business overview, Products offered, Recent developments, MnM view, Right to win, Strategic
14.3.9 HENSOLDT ANALYTICS GMBH
choices, and Weaknesses and competitive threats)*
14.3.10 BLUEHALO
14.2.1 LOCKHEED MARTIN CORPORATION *Details on Business overview, Products offered, Recent developments, MnM view, Right to win,
Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted
companies.
14.2.2 RAYTHEON TECHNOLOGIES CORPORATION
14.2.3 NORTHROP GRUMMAN CORPORATION 15 APPENDIX (PAGE NO. 280)
14.2.4 THALES GROUP
15.1 Discussion Guide
14.2.5 BAE SYSTEMS PLC
15.2 Knowledgestore: MarketsandMarkets’ Subscription Portal
14.2.6 THE BOEING COMPANY
15.3 Customization Options
14.2.7 GENERAL DYNAMICS CORPORATION
15.4 Related Reports
14.2.8 RHEINMETALL AG
15.5 Author Details
14.2.9 L3HARRIS TECHNOLOGIES, INC.
14.2.10 LEONARDO S.P.A. TABLES INCLUDED - 281 | FIGURES INCLUDED - 58
14.2.11 SAFRAN SA (For complete list of tables and figures, pl see Appendix
14.2.12 INTERNATIONAL BUSINESS of this Report Brochure)
MACHINES CORP. (IBM) READ MORE
14.2.13 NVIDIA CORPORATION
14.2.14 HONEYWELL INTERNATIONAL INC.
14.2.15 SAAB AB
APPENDIX
APPENDIX
SAMPLE PAGES
ARTIFICIAL INTELLIGENCE IN MILITARY MARKET – GLOBAL FORECAST TO 2028
1 EXECUTIVE SUMMARY
Artificial Intelligence (AI) technology is revolutionizing the military capabilities across various applications,
enabling significant advancements in intelligence, operations, logistics, and decision-making processes. By
harnessing the power of AI algorithms and machine learning (ML), the military can process and analyze
massive amounts of data to extract actionable insights and drive strategic outcomes. AI-based predictive
analytics can optimize the maintenance schedules and supply chains, improving operational efficiency and
reducing costs. Furthermore, AI-powered image and speech recognition systems enhance intelligence
gathering and analysis operation, enabling faster and more accurate information processing. Natural
Language Processing (NLP) algorithms facilitate the language translation and sentiment analysis, aiding
communication and diplomacy efforts. AI-enabled autonomous systems, such as unmanned aerial vehicles
(UAVs) and unmanned ground vehicles (UGVs), provide enhanced surveillance, reconnaissance, and
logistical support, reducing risks to human personnel.
Additionally, AI-based simulation and virtual reality technologies enable realistic training scenarios,
enhancing the skills and readiness of the military personnel. In cybersecurity, AI algorithms can quickly
detect and respond to cyber threats, strengthening defense mechanisms. Integrating AI in military
operations empowers the forces with advanced data analytics, autonomous capabilities, improved
logistics, enhanced communication, and realistic training simulations, thereby transforming military
capabilities and enabling more effective and efficient missions.
The AI in military market is projected to grow from USD XX million in 2023 to USD XX million by 2028, at a
CAGR of XX%.
The AI in military market is diversified and competitive, with the majority of players concentrated in the
North American, European, and Asia Pacific regions. The market is dominated by key companies based on
their investments and innovations. Key players in this market include Lockheed Martin Corporation (US),
Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), BAE Systems plc (UK), and
Thales Group (France).
Based on offering, the AI in military market has been segmented into Hardware, Software, and Services.
Among these, the Hardware segment is estimated to hold the largest market share in 2023 and is
anticipated to grow at a higher CAGR of XX% during 2023-2028, the forecast period.
19
MAY 2023 © MarketsandMarkets™
FIGURE 1 WARFARE PLATFORMS SEGMENT TO REGISTER HIGHEST CAGR DURING

2023-2028
Warfare Platforms XX
XX
Information Processing XX
XX
Simulation & Training XX

XX
Threat/Target Monitoring & XX
Tracking XX
Logistics & Transportation XX

XX
2028
Cybersecurity XX
XX 2023
Battlefield Healthcare XX
XX
Surveillance & Situational XX
Awareness XX
Command & Control XX

XX
Others XX
XX
Market Size (USD Million)
Based on application, the market for artificial intelligence in the military has been segmented into warfare
platforms, cybersecurity, logistics & transportation, surveillance & situational awareness, command &
control, battlefield healthcare, simulation & training, information processing, Threat/Target Monitoring &
Tracking, and others.
The adoption of AI technology has brought about a significant transformation in the capabilities of warfare
platforms, revolutionizing the military operations. By leveraging AI-powered systems, the defense sector
has achieved an enhanced situational awareness through real-time monitoring and analysis of vast
amounts of data from various sources. This enables the commanders to understand the battlefield,
facilitating informed decision-making and optimized resource allocation comprehensively. Additionally, AI
algorithms facilitate the development of autonomous systems that can perform tasks independently,
reducing the need for human intervention in dangerous or repetitive operations. ML techniques enable the
identification of patterns and trends in data, aiding in risk assessment and strategy planning.
Furthermore, AI plays a critical role in predictive capabilities, allowing proactive measures to be taken
against potential threats. With advanced targeting capabilities, AI enables precision-guided munitions and
reduces collateral damage. Cybersecurity is also strengthened through AI-powered systems that can detect
and mitigate cyber threats in real time. Logistics and supply chain operations are optimized through AI's
predictive analytics, improving the efficiency and cost-effectiveness. In summary, AI technology has
transformed the warfare platforms by providing enhanced situational awareness, intelligent decision-
making, autonomous capabilities, predictive capabilities, precision targeting, cybersecurity, and logistics
optimization. These advancements ultimately enhance the operational effectiveness and efficiency in the
defense sector.
20
2 PREMIUM INSIGHTS
2.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN AI IN

MILITARY MARKET
FIGURE 2 INCREASING INVESTMENT BY DEVELOPED AND EMERGING ECONOMIES IN AI-
ENABLED MILITARY SOLUTIONS TO DRIVE MARKET
9,226.9 USD MILLION

2023 38,804.6 USD
2028
MILLION
CAGR of The AI in Military market is projected to grow from USD 9,226.9

million in 2023 to USD 38,804.6 million by 2028, at a CAGR of
33.3% 33.3%.
The market in Asia Pacific
is projected to grow at a The growth of this market can Acquisitions and product
higher growth rate of be attributed to the continuous launches offer lucrative
36.7% owing to the R&D activities to develop an opportunities for market
increased investments by advanced AI for various players during the forecast
the developing countries defense applications. period.
for the development of AI
products. The warfare platform segment is Growth of the land segment
estimated to account for the can be attributed to the
PACIFIC
largest share in 2023, owing to increased procurement

increased installation of these command and control system
ASIA
systems in various platforms. from Asia Pacific and North

America.
21
3 MARKET OVERVIEW
3.1 INTRODUCTION
Military forces are deploying sophisticated systems to combat opponent attacks effectively as battlefields
are becoming networked and digitized. Modernization programs in emerging economies have resulted in
significant developments in military electronics. As a result, the demand for artificial intelligence (AI)
systems is growing significantly in applications such as cybersecurity, logistics & transportation, warfare
platforms, threat monitoring, target recognition, and battlefield healthcare. Artificial intelligence facilitates
the development of intelligent machines that are capable of learning and decision-making.
3.2 MARKET DYNAMICS

The AI in military market exhibits significant growth potential, primarily driven by the rising adoption of
these systems by leading governments and a rise in the defense expenditure of emerging economies such
as India, South Korea, and Turkey. Some of the drivers, restraints, opportunities, and challenges of the AI
in military market are explained below.
FIGURE 3 AI IN MILITARY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES
▪ Increased investments in development of AI-enabled solutions to strengthen

military capabilities
▪ Development of high-end AI chips
▪ Need for advanced surveillance systems and situational awareness
▪ Surge in adoption of intelligent unmanned vehicles
DRIVERS ▪ Growing application of AI in cyber security and threat detection
▪ Lack of standards and protocols for use of AI in military applications

▪ Ethical concerns related to the deployment of lethal autonomous weapons
RESTRAINTS ▪ High cost associated with development and integration of AI-based systems
▪ Incorporation of quantum computing in AI

▪ Increasing adoption of AI in predictive maintenance in military platforms
OPPORTUNITIES
▪ Absence of backward analysis

▪ Limited availability of skilled workforce and technical expertise
CHALLENGES ▪ Sensitive nature of military data
Source: Interviews with Experts and MarketsandMarkets Analysis
22
3.2.1 DRIVERS
3.2.1.1 Increased investments in development of AI -enabled solutions to
strengthen military capabilities
The development of autonomous military systems drives the adoption of AI in the military market. The
modern AI—enables system helps to enhance the efficiency of military systems and strengthen their
capabilities in Warfield. Therefore, the defense forces of leading countries have increased their defense
spending to boost the deployment of AI on military platforms. According to a Stockholm International Peace
Research Institute (SIPRI) report in April 2023, the US, Russia, China, India, and Saudi Arabia collectively
accounted for XX% of defense expenditure in 2022. Global military spending grew by XX% in 2022,
reaching USD XX billion. Nine major international conflicts have occurred in recent years, including the
Russia-Ukraine war, the Saudi Arabia-Yemen conflict, the Syrian Civil War, US-Iran tensions, the India-China
tensions, and Armenia-Azerbaijan border conflict. Such conflicts result in increased procurement of
advanced AI-enabled weapon systems and incorporating newer technologies into existing systems to make
them more efficient. In addition, in April 2021, eight European North Atlantic Treaty Organization (NATO)
members met the 2021 alliance’s goal of allocating at least XX% of their GDP to armed forces. The
following table indicates the defense expenditures of major countries during 2020–2022.
Many governments have established special departments or agencies dedicated to planning, initiating, and
integrating AI capabilities into the existing equipment as well as developing new capabilities. The National
Science and Technology Council (US), the Strategic Council for AI Technologies (Japan), and the AI Council
(UK) are some such agencies. In January 2021, the UK AI Council presented a roadmap to the UK
Government recommending it to scale up and make sustainable public sector investment in AI and also
invest in The Alan Turing Institute (UK), fostering development to gain a strategic leadership for the UK in AI
research.
The UK Government’s Research & Development Roadmap of July 2020 also includes similar projects. This
report states that the Defence and Security Accelerator (DASA) is working closely with the Institute for
Security Science and Technology (ISST) at Imperial’s White City Campus (UK) to bring together government,
academia, industry, and small & medium-sized enterprises (SMEs) to look at developing the next
generation of solutions for security and defense problems.
3.2.1.2 Development of high-end AI chips

Owing to the rapid development of AI chips, more advanced computing is possible, making way for newer
capabilities with improved efficiency. Intel (US), AMD (US), NVIDIA (US), Qualcomm (US), Amazon (US), IBM
(US), Google (US) are among the market leaders in the AI chipset market. New chipsets provide improved
privacy & security, very low latency, and consume less power. They make high-performance computing
tasks like predictive analysis fast and efficient. They also compress the neural networks up to XX% of their
original size without increasing the error rate. It is estimated that 10-1000 times efficiency can be attained
through these chips.
AI chips mainly act as accelerators in artificial neural network (ANN)-based applications that use machine
learning to replicate the human brain. From a military perspective, an ANN has two main uses: training and
inference. An AI-chip enables ANN to go through thousands of data sets, identify patterns, and be trained
easily and are hence used widely in military simulations and training. AI chips are also crucial for the
development of future autonomous soldiers to think and replicate human thoughts and act accordingly. For
example, Russian manufacturer Kalashnikov has designed a ground-based “battle module based on
neural networks” that can “gain targets and make decisions” without the operator’s engagement. Such
developments in the field of specialized AI chips drive the market.
23
4 AI IN MILITARY MARKET, BY TECHNOLOGY
KEY FINDINGS
◼ Based on technology, the machine learning segment is estimated to account for the largest
share of XX% of the AI in military market in 2023.
◼ The machine learning segment is projected to reach USD XX million by 2028, at a CAGR of XX%
during the forecast period.
◼ The context-aware computing segment is projected to grow at the highest CAGR of XX% from
2023 to 2028.
◼ The computer vision segment is projected to grow at the second-highest CAGR of XX% from
2023 to 2028.
◼ The natural language processing segment is projected to grow at a CAGR of XX% during the
forecast period.
◼ The adoption of modeling & simulation techniques helps organizations reduce costs, increase
the quality of products, and document as well as archive lessons learned.
24
4.1 INTRODUCTION
Rapid advancements in AI have propelled the use of AI-enabled autonomous systems in novel warfighting
applications involving human-machine collaboration and combat teaming. Militaries across the world are
focused on the adoption of AI systems to improve the performance of military personnel in networked
battle scenarios. Based on technology, the AI in military market has been segmented into machine
learning, natural language processing, context-aware computing, computer vision, intelligent virtual agents,
and others. The machine learning segment is further sub-segmented into deep learning, supervised
learning, unsupervised learning, reinforcement learning, generative adversarial networks, and others which
include statistical learning and ensemble learning.
TABLE 1 AI IN MILITARY MARKET, BY TECHNOLOGY, 2020–2022 (USD MILLION)
Technology 2020 2021 2022 CAGR (2020–2022)
Machine Learning XX XX XX XX%
Natural Language Processing XX XX XX XX%
Context-aware Computing XX XX XX XX%
Computer Vision XX XX XX XX%
Intelligent Virtual Agent XX XX XX XX%
Others XX XX XX XX%
To ta l XX XX XX XX %
TABLE 2 AI IN MILITARY MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
Technology 2023 2024 2025 2026 2027 2028 CAGR (2023–2028)
Machine Learning XX XX XX XX XX XX XX%

Natural Language XX XX XX XX XX XX XX%
Processing
Context-aware XX XX XX XX XX XX XX%
Computing
Computer Vision XX XX XX XX XX XX XX%
Intelligent Virtual XX XX XX XX XX XX XX%
Agent
Others XX XX XX XX XX XX XX%
To ta l XX XX XX XX XX XX XX %
25
4.2 MACHINE LEARNING (ML)

Machine learning is the ability of computers to learn without being programmed. It includes supervised
learning (parametric/non-parametric algorithms, support vector machines, kernels, and neural networks)
and unsupervised learning (clustering, dimensionality reduction, recommender systems, and deep
learning). In the US, Intelligent Software Solutions is a leading provider of WebTAS software that integrates
and visualizes data from multi-source data. This segment is estimated to account for a share of XX% of the
AI in military market in 2023. This segment is further sub-segmented into deep learning, supervised
learning, unsupervised learning, reinforcement learning, generative adversarial networks, and others,
which include statistical learning and ensemble learning.
In August 2020, Lockheed Martin Corporation has signed a collaboration agreement with the University of
Southern California (USC) Information Sciences Institute's (ISI's) Space Engineering Research Center to
build mission payloads for a small satellite program, La Jument, which enhances AI and ML space
technologies.
TABLE 3 MACHINE LEARNING: AI IN MILITARY MARKET, BY TYPE, 2020–2022 (USD MILLION)
Type 2020 2021 2022 CAGR (2020–2022)
Deep Learning XX XX XX XX%
Supervised Learning XX XX XX XX%
Unsupervised Learning XX XX XX XX%
Reinforcement Learning XX XX XX XX%
Generative Adversarial Networks XX XX XX XX%
Others XX XX XX XX%
Note: Others include statistical learning and ensemble learning.

TABLE 4 MACHINE LEARNING: AI IN MILITARY MARKET, BY TYPE, 2023–2028 (USD MILLION)
Type 2023 2024 2025 2026 2027 2028 CAGR (2023–2028)
Deep Learning XX XX XX XX XX XX XX%
Supervised Learning XX XX XX XX XX XX XX%
Unsupervised Learning XX XX XX XX XX XX XX%

Reinforcement XX XX XX XX XX XX XX%
Learning
Generative Adversarial XX XX XX XX XX XX XX%
Networks
Others XX XX XX XX XX XX XX%
Note: Others include statistical learning and ensemble learning.

26
5 AI IN MILITARY MARKET, BY REGION
5.1 NORTH AMERICA

For market analysis, the US and Canada are key countries considered in the North American region. This
region is expected to lead the market from 2023 to 2028, owing to the countries' increased investments
and the development of AI in military technologies. Well-established and prominent manufacturers of these
military systems in this region include Lockheed Martin Corporation (US), Northrop Grumman Corporation
(US), L3Harris Technologies, Inc. (US), and Raytheon Technologies Corporation (US).
FIGURE 4 NORTH AMERICA: AI IN MILITARY MARKET SNAPSHOT
NORTH AMERICA
XX% USD XX Million US XX%

Market Size of Region Leading Market Market Share of
CAGR
in 2028 in Region Region in 2022
BY PLATFORM, 2022 (USD MILLION) DRIVING FACTORS FOR GROWTH IN NORTH AMERICA
Airborne XX
▪ Procurement of new military AI equipment and
Land XX upgrades of existing equipment
Naval XX
Space XX
BY COUNTRY
COUNTRY MARKET SIZE, 2022 (USD MILLION) CAGR (2023–2028)
US XX XX%
Canada XX XX%
Source: Annual Reports, Press Releases, Interviews with Experts, Investor Presentations, and MarketsandMarkets Analysis
27
5.1.1 US
5.1.1.1 Modernizing programs and defense policies to drive market
With its strong economy and defense policies, the US is recognized as one of the key manufacturers,
exporters, and users of AI in military systems worldwide. Key manufacturers and developers of AI systems
in the US include Lockheed Martin Corporation, Northrop Grumman Corporation, L3Harris Technologies,
Inc., IBM, BAE Systems plc, and Raytheon Technologies Corporation.
The US has long relied on its technological superiority and high standard of training and professionalization
to offset its numerical inferiority. This edge is gradually decreasing as international competitors, such as
China, are investing heavily to improve their capabilities. It has compelled the US to be aggressive in
expanding its capabilities.
In October 2020, Redhorse Corp. (US), Cyber Point International LLC (US), Elder Research Inc. (US),
Barbaricum LLC (US), and Enterprise Resource Performance Inc. (US) were awarded with five-year
contracts to provide services to the Department of Defense (DoD) Joint Artificial Intelligence Center (JAIC)
Missions Directorate. The services include software development, ML, cognitive & systems engineering,
operations research, and user experience design. Each company has received worth USD XX million as part
of the contract.
TABLE 5 US: AI IN MILITARY MARKET, BY OFFERING, 2020–2022 (USD MILLION)
Offering 2020 2021 2022 CAGR (2020–2022)
Hardware XX XX XX XX%
Software XX XX XX XX%
Services XX XX XX XX%
TABLE 6 US: AI IN MILITARY MARKET, BY OFFERING, 2023–2028 (USD MILLION)
Offering 2023 2024 2025 2026 2027 2028 CAGR (2023–2028)
Hardware XX XX XX XX XX XX XX%
Software XX XX XX XX XX XX XX%
Services XX XX XX XX XX XX XX%
28
6 COMPETITIVE LANDSCAPE
6.1 INTRODUCTION
The competitive landscape chapter provides an overview of the prevailing competitive scenario in the AI in
military market. It includes a trend analysis that was carried out based on the revenue of the various
business segments of the key market players. Additionally, a benchmarking of the growth strategies
adopted by the key players was undertaken. It offers a comprehensive analysis of the developments such
as contracts, mergers & acquisitions, partnerships, expansions, and product developments undertaken by
the key players.
6.2 COMPETITIVE EVALUATION QUADRANT

FIGURE 5 AI IN MILITARY MARKET (KEY PLAYERS) COMPETITIVE LEADERSHIP MAPPING,
2022
EMERGING LEADERS STARS
XX
XX
IBM XX
XX
XX
XX
XX
XX XX
XX
XX
XX
XX
Rheinmetall AG XX
MARKET SHARE/RANK
PARTICIPANTS PERVASIVE PLAYERS
PRODUCT FOOTPRINT
29
7 COMPANY PROFILES
7.1 INTRODUCTION
Company profiles offer details about the major suppliers of AI in military market. For this study, the
companies present in the market ecosystem were identified and analyzed, after which major players were
shortlisted based on their product portfolio, revenue, recent developments, R&D, geographic presence,
and export potential, among other factors. Additionally, suppliers to countries with significant demand were
also considered a key selection criterion. The above approach resulted in the selection of the final set of
companies.
7.2 KEY PLAYERS
7.2.1 LOCKHEED MARTIN CORPORATION

7.2.1.1 Business overview
Lockheed Martin Corporation is an American company engaged in the R&D, manufacturing, and integration
of advanced technological systems and related products. The company mainly operates through four
business segments: Aeronautics, Missile and Fire Control, Rotary and Mission Systems, and Space. The
Aeronautics segment specializes in the R&D, manufacture, and integration of advanced military aircraft
(including combat and mobility aircraft), unmanned air vehicles, and related products. The Missile and Fire
Control segment specializes in the air and missile defense systems, tactical missiles, rockets, precision-
strike weapons, manned and unmanned ground vehicle systems, and a wide range of products & services
for the global power industry. The Rotary and Mission Systems (RMS) segment is engaged in surface, air,
and undersea applications by designing, manufacturing, and servicing various military and commercial
helicopters, ships, submarines, and other combat and mission systems, including radars & sensors, sea &
land-based defense systems, and other unmanned systems along with related technologies. It also
provides products and solutions for cybersecurity; command, control, communications, computers,
intelligence, surveillance, and reconnaissance (C4ISR); training, and logistic systems. The Space segment
is involved in the R&D, manufacture, and integration of satellites, space transportation systems, and
strategic advanced strike defense systems.
Lockheed Martin Corporation offers numerous AI solutions to the US military. The company claims to help
military operators in completing both routine and critical missions effectively with a low risk of endangering
their lives.
The Advanced Development Programs (ADP) organization, also known as Skunk Works, is a subsidiary of
Lockheed Martin Corporation. Skunk Works focuses on developing AI solutions to accelerate decisions in
various fields, allowing users to focus more on strategic tasks. For decades, Lockheed Martin Corporation
has been developing trusted AI technologies to help humans maximize safety, performance, and
situational awareness across the land, sea, air, space, cyber, and electromagnetic spectrum domains.
Lockheed Martin Corporation has over 400 facilities in more than 50 countries globally. Some of its
subsidiaries are Lockheed Martin Australia Pty Limited (Australia), Lockheed Martin UK Limited (UK),
Lockheed Martin Canada Inc. (Canada), Lockheed Martin Global, Inc. (US), and Lockheed Martin Logistics
Management, Inc. (US).
30
TABLE 7 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW
Founding Year 1995
Headquarters Country US
Headquarters State Maryland
Ownership Type Public
Source: Company Website
FIGURE 6 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
RECENT FINANCIALS
80,000.0 3.0%
2.6%
Revenue (USD Million)
2.5%
60,000.0 2.2% 2.2%
2.0% 2.0%
R&D (%)
40,000.0 1.5%
1.0%
20,000.0
0.5%
59,812.0 65,398.0 67,044.0 65,984.0
0.0 0.0%
2019 2020 2021 2022
BUSINESS REVENUE MIX GEOGRAPHIC REVENUE MIX
2.1%
Aeronautics US
17.5% 5.8%
8.3%
Europe
40.9% Missiles and Fire
9.5%
Control Asia Pacific
24.5% Rotary and Mission
Systems Middle East
74.3%
17.2% Space Other
Source: Company Website and Annual Reports
31
APPENDIX
APPENDIX
APPENDIX
APPENDIX
LIST OF TABLES
TABLE 1 AI in Military Market: Inclusions and Exclusions TABLE 48 North America: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 2 USD Exchange Rates TABLE 49 North America: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 3 Defense Expenditure of Major Countries (USD Billion), 2020–2022 TABLE 50 North America: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 4 Developments in AI-Powered Cybersecurity TABLE 51 North America: AI in Military Market, By Country, 2020–2022 (USD Million)
TABLE 5 AI in Military Market: Ecosystem TABLE 52 North America: AI in Military Market, By Country, 2023–2028 (USD Million)
TABLE 6 AI in Military Market: Porter’s Five Forces Analysis TABLE 53 US: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 7 Storage Units for Automatic Data-Processing Machines: TABLE 54 US: AI in Military Market, By Offering, 2023–2028 (USD Million)
Country-Wise Imports, 2021–2022 (USD Million) TABLE 55 US: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 8 Storage Units for Automatic Data-Processing Machines: TABLE 56 US: AI in Military Market, By Application, 2023–2028 (USD Million)
Country-Wise Exports, 2021–2022 (USD Million)
TABLE 57 US: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 9 Electronic Integrated Circuits As Processors and Controllers:
TABLE 58 US: AI in Military Market, By Platform, 2023–2028 (USD Million)
Country-Wise Imports, 2021–2022 (USD Million)
TABLE 59 Canada: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 10 Electronic Integrated Circuits As Processors and Controllers:
Country-Wise Exports, 2021–2022 (USD Million) TABLE 60 Canada: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 11 Influence of Stakeholders on Buying Process for Top Three Technologies (%) TABLE 61 Canada: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 12 Key Buying Criteria for Top Three Technologies TABLE 62 Canada: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 13 AI in Military Market: Key Conferences and Events, 2023–2024 TABLE 63 Canada: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 14 Innovations and Patent Registrations (2020–2022) TABLE 64 Canada: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 15 AI in Military Market, By Offering, 2020–2022 (USD Million) TABLE 65 Europe: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 16 AI in Military Market, By Offering, 2023–2028 (USD Million) TABLE 66 Europe: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 17 Hardware: AI in Military Market, By Component, 2020–2022 (USD Million) TABLE 67 Europe: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 18 Hardware: AI in Military Market, By Component, 2023–2028 (USD Million) TABLE 68 Europe: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 19 Software: AI in Military Market, By Type, 2020–2022 (USD Million) TABLE 69 Europe: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 20 Software: AI in Military Market, By Type, 2023–2028 (USD Million) TABLE 70 Europe: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 21 Software Solutions: AI in Military Market, By Type, 2020–2022 (USD Million) TABLE 71 Europe: AI in Military Market, By Country, 2020–2022 (USD Million)
TABLE 22 Software Solutions: AI in Military Market, By Type, 2023–2028 (USD Million) TABLE 72 Europe: AI in Military Market, By Country, 2023–2028 (USD Million)
TABLE 23 Services: AI in Military Market, By Type, 2020–2022 (USD Million) TABLE 73 UK: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 24 Services: AI in Military Market, By Type, 2023–2028 (USD Million) TABLE 74 UK: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 25 AI in Military Market, By Application, 2020–2022 (USD Million) TABLE 75 UK: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 26 AI in Military Market, By Application, 2023–2028 (USD Million) TABLE 76 UK: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 27 AI in Military Market, By Technology, 2020–2022 (USD Million) TABLE 77 UK: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 28 AI in Military Market, By Technology, 2023–2028 (USD Million) TABLE 78 UK: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 29 Machine Learning: AI in Military Market, By Type, 2020–2022 (USD Million) TABLE 79 France: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 30 Machine Learning: AI in Military Market, By Type, 2023–2028 (USD Million) TABLE 80 France: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 31 AI in Military Platforms: Recent Developments TABLE 81 France: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 32 AI in Military Market, By Platform, 2020–2022 (USD Million) TABLE 82 France: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 33 AI in Military Market, By Platform, 2023–2028 (USD Million) TABLE 83 France: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 34 Airborne Platform: AI in Military Market, TABLE 84 France: AI in Military Market, By Platform, 2023–2028 (USD Million)
By Aircraft Type, 2020–2022 (USD Million) TABLE 85 Germany: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 35 Airborne Platform: AI in Military Market, TABLE 86 Germany: AI in Military Market, By Offering, 2023–2028 (USD Million)
By Aircraft Type, 2023–2028 (USD Million) TABLE 87 Germany: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 36 Land Platform: AI in Military Market, By Type, 2020–2022 (USD Million) TABLE 88 Germany: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 37 Land Platform: AI in Military Market, By Type, 2023–2028 (USD Million) TABLE 89 Germany: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 38 Naval Platform: AI in Military Market, By Vessel Type, 2020–2022 (USD Million) TABLE 90 Germany: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 39 Naval Platform: AI in Military Market, By Vessel Type, 2023–2028 (USD Million) TABLE 91 Russia: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 40 AI in Military Market, By Installation Type, 2020–2022 (USD Million) TABLE 92 Russia: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 41 AI in Military Market, By Installation Type, 2023–2028 (USD Million) TABLE 93 Russia: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 42 Regional Recession Impact Analysis TABLE 94 Russia: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 43 AI in Military Market, By Region, 2020–2022 (USD Million) TABLE 95 Russia: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 44 AI in Military Market, By Region, 2023–2028 (USD Million) TABLE 96 Russia: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 45 North America: AI in Military Market, By Offering, 2020–2022 (USD Million) TABLE 97 Italy: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 46 North America: AI in Military Market, By Offering, 2023–2028 (USD Million) TABLE 98 Italy: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 47 North America: AI in Military Market, By Application, 2020–2022 (USD Million) TABLE 99 Italy: AI in Military Market, By Application, 2020–2022 (USD Million)
APPENDIX
LIST OF TABLES
TABLE 100 Italy: AI in Military Market, By Application, 2023–2028 (USD Million) TABLE 151 Rest of Asia Pacific: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 101 Italy: AI in Military Market, By Platform, 2020–2022 (USD Million) TABLE 152 Rest of Asia Pacific: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 102 Italy: AI in Military Market, By Platform, 2023–2028 (USD Million) TABLE 153 Middle East & Africa: AI in Military Market,
TABLE 103 Rest of Europe: AI in Military Market, By Offering, 2020–2022 (USD Million) By Offering, 2020–2022 (USD Million)
TABLE 104 Rest of Europe: AI in Military Market, By Offering, 2023–2028 (USD Million) TABLE 154 Middle East & Africa: AI in Military Market,
By Offering, 2023–2028 (USD Million)
TABLE 105 Rest of Europe: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 155 Middle East & Africa: AI in Military Market,
TABLE 106 Rest of Europe: AI in Military Market, By Application, 2023–2028 (USD Million)
By Application, 2020–2022 (USD Million)
TABLE 107 Rest of Europe: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 156 Middle East & Africa: AI in Military Market,
TABLE 108 Rest of Europe: AI in Military Market, By Platform, 2023–2028 (USD Million) By Application, 2023–2028 (USD Million)
TABLE 109 Asia Pacific: AI in Military Market, By Offering, 2020–2022 (USD Million) TABLE 157 Middle East & Africa: AI in Military Market,
TABLE 110 Asia Pacific: AI in Military Market, By Offering, 2023–2028 (USD Million) By Platform, 2020–2022 (USD Million)
TABLE 111 Asia Pacific: AI in Military Market, By Application, 2020–2022 (USD Million) TABLE 158 Middle East & Africa: AI in Military Market,
TABLE 112 Asia Pacific: AI in Military Market, By Application, 2023–2028 (USD Million) By Platform, 2023–2028 (USD Million)
TABLE 113 Asia Pacific: AI in Military Market, By Platform, 2020–2022 (USD Million) TABLE 159 Middle East & Africa: AI in Military Market,
TABLE 114 Asia Pacific: AI in Military Market, By Platform, 2023–2028 (USD Million) By Country, 2020–2022 (USD Million)
TABLE 115 Asia Pacific: AI in Military Market, By Country, 2020–2022 (USD Million) TABLE 160 Middle East & Africa: AI in Military Market,
By Country, 2023–2028 (USD Million)
TABLE 116 Asia Pacific: AI in Military Market, By Country, 2023–2028 (USD Million)
TABLE 161 Israel: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 117 China: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 162 Israel: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 118 China: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 163 Israel: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 119 China: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 164 Israel: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 120 China: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 165 Israel: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 121 China: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 166 Israel: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 122 China: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 167 Turkey: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 123 India: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 168 Turkey: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 124 India: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 169 Turkey: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 125 India: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 170 Turkey: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 126 India: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 171 Turkey: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 127 India: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 172 Turkey: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 128 India: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 173 Saudi Arabia: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 129 Japan: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 174 Saudi Arabia: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 130 Japan: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 175 Saudi Arabia: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 131 Japan: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 176 Saudi Arabia: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 132 Japan: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 177 Saudi Arabia: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 133 Japan: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 178 Saudi Arabia: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 134 Japan: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 179 South Africa: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 135 South Korea: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 180 South Africa: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 136 South Korea: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 181 South Africa: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 137 South Korea: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 182 South Africa: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 138 South Korea: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 183 South Africa: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 139 South Korea: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 184 South Africa: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 140 South Korea: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 185 Latin America: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 141 Australia: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 186 Latin America: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 142 Australia: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 187 Latin America: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 143 Australia: AI in Military Market, By Application, 2020–2022 (USD Million)
TABLE 188 Latin America: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 144 Australia: AI in Military Market, By Application, 2023–2028 (USD Million)
TABLE 189 Latin America: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 145 Australia: AI in Military Market, By Platform, 2020–2022 (USD Million)
TABLE 190 Latin America: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 146 Australia: AI in Military Market, By Platform, 2023–2028 (USD Million)
TABLE 191 Latin America: AI in Military Market, By Country, 2020–2022 (USD Million)
TABLE 147 Rest of Asia Pacific: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 192 Latin America: AI in Military Market, By Country, 2023–2028 (USD Million)
TABLE 148 Rest of Asia Pacific: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 193 Mexico: AI in Military Market, By Offering, 2020–2022 (USD Million)
TABLE 149 Rest of Asia Pacific: AI in Military Market,
By Application, 2020–2022 (USD Million) TABLE 194 Mexico: AI in Military Market, By Offering, 2023–2028 (USD Million)
TABLE 150 Rest of Asia Pacific: AI in Military Market, TABLE 195 Mexico: AI in Military Market, By Application, 2020–2022 (USD Million)
By Application, 2023–2028 (USD Million) TABLE 196 Mexico: AI in Military Market, By Application, 2023–2028 (USD Million)
APPENDIX
LIST OF TABLES
TABLE 197 Mexico: AI in Military Market, By Platform, 2020–2022 (USD Million) TABLE 249 LEONARDO S.P.A.: Products Offered
TABLE 198 Mexico: AI in Military Market, By Platform, 2023–2028 (USD Million) TABLE 250 LEONARDO S.P.A.: Product Launches
TABLE 199 Brazil: AI in Military Market, By Offering, 2020–2022 (USD Million) TABLE 251 LEONARDO S.P.A.: Others
TABLE 200 Brazil: AI in Military Market, By Offering, 2023–2028 (USD Million) TABLE 252 SAFRAN SA: Company Overview
TABLE 201 Brazil: AI in Military Market, By Application, 2020–2022 (USD Million) TABLE 253 SAFRAN SA: Products Offered
TABLE 202 Brazil: AI in Military Market, By Application, 2023–2028 (USD Million) TABLE 254 SAFRAN SA: Product Launches
TABLE 203 Brazil: AI in Military Market, By Platform, 2020–2022 (USD Million) TABLE 255 SAFRAN SA: Deals
TABLE 204 Brazil: AI in Military Market, By Platform, 2023–2028 (USD Million) TABLE 256 INTERNATIONAL BUSINESS MACHINES CORP. (IBM): Company Overview
TABLE 205 AI in Military Market: Degree of Competition TABLE 257 INTERNATIONAL BUSINESS MACHINES CORP. (IBM): Products Offered
TABLE 206 Company Footprint TABLE 258 INTERNATIONAL BUSINESS MACHINES CORP. (IBM): Product Launches
TABLE 207 Company Platform Footprint TABLE 259 INTERNATIONAL BUSINESS MACHINES CORP. (IBM): Deals
TABLE 208 Company Region Footprint TABLE 260 NVIDIA CORPORATION: Company Overview
TABLE 209 Product Launches, February 2019–May 2023 TABLE 261 NVIDIA CORPORATION: Products Offered
TABLE 210 Deals, July 2019– May 2023 TABLE 262 NVIDIA CORPORATION: Product Launches
TABLE 211 Others, March 2019– February 2023 TABLE 263 NVIDIA CORPORATION: Deals
TABLE 212 LOCKHEED MARTIN CORPORATION: Company Overview TABLE 264 NVIDIA CORPORATION: Others
TABLE 213 LOCKHEED MARTIN CORPORATION: Products Offered TABLE 265 HONEYWELL INTERNATIONAL INC.: Company Overview
TABLE 214 LOCKHEED MARTIN CORPORATION: Product Launches TABLE 266 HONEYWELL INTERNATIONAL INC.: Products Offered
TABLE 215 LOCKHEED MARTIN CORPORATION: Deals TABLE 267 HONEYWELL INTERNATIONAL INC.: Product Launches
TABLE 216 RAYTHEON TECHNOLOGIES CORPORATION: Company Overview TABLE 268 HONEYWELL INTERNATIONAL INC.: Others
TABLE 217 RAYTHEON TECHNOLOGIES CORPORATION: Products Offered TABLE 269 SAAB AB: Company Overview
TABLE 218 RAYTHEON TECHNOLOGIES CORPORATION: Product Launches TABLE 270 SAAB AB: Products Offered
TABLE 219 RAYTHEON TECHNOLOGIES CORPORATION: Deals TABLE 271 SAAB AB: Others
TABLE 220 RAYTHEON TECHNOLOGIES CORPORATION: Others TABLE 272 SHIELD AI: Company Overview
TABLE 221 NORTHROP GRUMMAN CORPORATION: Company Overview TABLE 273 RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: Company Overview
TABLE 222 NORTHROP GRUMMAN CORPORATION: Products Offered TABLE 274 DARKTRACE HOLDINGS LIMITED: Company Overview
TABLE 223 NORTHROP GRUMMAN CORPORATION: Deals TABLE 275 SPARKCOGNITION INC.: Company Overview
TABLE 224 THALES GROUP: Company Overview TABLE 276 SOAR TECHNOLOGY, INC.: Company Overview
TABLE 225 THALES GROUP: Products Offered TABLE 277 CHARLES RIVER ANALYTICS: Company Overview
TABLE 226 THALES GROUP: Product Launches TABLE 278 ANDURIL INDUSTRIES, INC.: Company Overview
TABLE 227 THALES GROUP: Deals TABLE 279 C3.AI, INC.: Company Overview
TABLE 228 BAE SYSTEMS PLC: Company Overview TABLE 280 HENSOLDT ANALYTICS GMBH: Company Overview
TABLE 229 BAE SYSTEMS PLC: Products Offered TABLE 281 BLUEHALO: Company Overview
TABLE 230 BAE SYSTEMS PLC: Deals
TABLE 231 THE BOEING COMPANY: Company Overview
TABLE 232 THE BOEING COMPANY: Products Offered
TABLE 233 THE BOEING COMPANY: Product Launches
TABLE 234 THE BOEING COMPANY: Deals
TABLE 235 GENERAL DYNAMICS CORPORATION: Company Overview
TABLE 236 GENERAL DYNAMICS CORPORATION: Products Offered
TABLE 237 GENERAL DYNAMICS CORPORATION: Product Launches
TABLE 238 GENERAL DYNAMICS CORPORATION: Deals
TABLE 239 GENERAL DYNAMICS CORPORATION: Others
TABLE 240 RHEINMETALL AG: Company Overview
TABLE 241 RHEINMETALL AG: Products Offered
TABLE 242 RHEINMETALL AG: Deals
TABLE 243 L3HARRIS TECHNOLOGIES, INC.: Company Overview
TABLE 244 L3HARRIS TECHNOLOGIES, INC.: Products Offered
TABLE 245 L3HARRIS TECHNOLOGIES, INC.: Product Launches
TABLE 246 L3HARRIS TECHNOLOGIES, INC.: Deals
TABLE 247 L3HARRIS TECHNOLOGIES, INC.: Others
TABLE 248 LEONARDO S.P.A.: Company Overview
APPENDIX
LIST OF FIGURES
FIGURE 1 AI in Military Market Segmentation FIGURE 31 Land Platform to Grow at Highest CAGR from 2023 to 2028
FIGURE 2 Research Process Flow FIGURE 32 New Installation Segment to Dominate Market During Forecast Period
FIGURE 3 AI in Military Market: Research Design FIGURE 33 Regional Snapshot: Growth Rate Analysis, 2023–2028
FIGURE 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region FIGURE 34 North America: AI in Military Market Snapshot
FIGURE 5 Military Expenditure (USD Billion), 2022 FIGURE 35 Europe: AI in Military Market Snapshot
FIGURE 6 Market size Estimation Methodology: Bottom-Up Approach FIGURE 36 Asia Pacific: AI in Military Market Snapshot
FIGURE 7 Market size Estimation Methodology: Top-Down Approach FIGURE 37 Middle East & Africa: AI in Military Market Snapshot
FIGURE 8 Data Triangulation FIGURE 38 Latin America: AI in Military MarkET SNAPSHOT
FIGURE 9 Research Assumptions FIGURE 39 Ranking of Key Players in AI in Military Market, 2022
FIGURE 10 Hardware Weapons Segment to Hold Largest Market Share in 2023 FIGURE 40 Revenue Analysis of Key Companies in Ai In Military Market, 2019–2022
FIGURE 11 Machine Learning Segment to Lead Market from 2023 to 2028 FIGURE 41 AI in Military Market Share Analysis of Key Companies, 2022
FIGURE 12 Warfare Platforms Segment to Register Highest CAGR During 2023-2028 FIGURE 42 AI in Military Market (Key Players) Competitive Leadership Mapping, 2022
FIGURE 13 Increasing Investment By Developed and Emerging Economies in AI-Enabled FIGURE 43 AI in Military Market (Startup/SME) Competitive Leadership Mapping, 2022
Military Solutions to Drive Market FIGURE 44 LOCKHEED MARTIN CORPORATION: Company Snapshot
FIGURE 14 Deep Learning Segment Held Largest Market Share in 2022 FIGURE 45 RAYTHEON TECHNOLOGIES CORPORATION: Company Snapshot
FIGURE 15 Airborne Segment is Projected to Hold Major Market Share During 2023-2028 FIGURE 46 NORTHROP GRUMMAN CORPORATION: Company Snapshot
FIGURE 16 New Installation Segment to Account for Larger Market Share in 2022 FIGURE 47 THALES GROUP: Company Snapshot
FIGURE 17 North America Accounted for Largest Market Share in 2022 FIGURE 48 BAE SYSTEMS PLC: Company Snapshot
FIGURE 18 AI in Military Market: Drivers, Restraints, Opportunities, and Challenges FIGURE 49 THE BOEING COMPANY: Company Snapshot
FIGURE 19 Defense Expenditure of Major Countries in Percentage, 2022 FIGURE 50 GENERAL DYNAMICS CORPORATION: Company Snapshot
FIGURE 20 AI in Military Market: Value Chain Analysis FIGURE 51 RHEINMETALL AG: Company Snapshot
FIGURE 21 Revenue Shift in AI in Military Market FIGURE 52 L3HARRIS TECHNOLOGIES, INC.: Company Snapshot
FIGURE 22 AI in Military Market: Ecosystem Mapping/Analysis FIGURE 53 LEONARDO S.P.A.: Company Snapshot
FIGURE 23 Market Ecosystem Map: AI in Military Market FIGURE 54 SAFRAN SA: Company Snapshot
FIGURE 24 AI in Military Market: Porter’s Five Forces Analysis FIGURE 55 INTERNATIONAL BUSINESS MACHINES CORP. (IBM): Company Snapshot
FIGURE 25 Influence of Stakeholders on Buying Process for Top Three Technologies FIGURE 56 NVIDIA CORPORATION: Company Snapshot
FIGURE 26 Key Buying Criteria for AI in Military Market, By Top Three Technologies FIGURE 57 HONEYWELL INTERNATIONAL INC.: Company Snapshot
FIGURE 27 Technological Trends in AI in Military Market FIGURE 58 SAAB AB: Company Snapshot
FIGURE 28 Hardware Segment to Grow at Highest CAGR During Forecast Period
FIGURE 29 Warfare Platforms Segment to Dominate During Forecast Period
FIGURE 30 Machine Learning to be Fastest-Growing Segment During Forecast Period
RELATED REPORTS
ARTIFICIAL INTELLIGENCE IN ELECTRONIC WARFARE MARKET

CYBERSECURITY MARKET GLOBAL FORECAST TO 2027
DEC - 2022 NOV - 2022
MILITARY EMBEDDED NETWORK CENTRIC WARFARE

SYSTEMS MARKET (NCW) MARKET
GLOBAL FORECAST TO 2027 GLOBAL FORECAST TO 2021
OCT - 2022 JUL - 2016
ARTIFICIAL INTELLIGENCE
IN MILITARY MARKET
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ARTIFICIAL INTELLIGENCE IN MILITARY MARKET -

GLOBAL FORECAST TO 2028

REPORT CODE: AS 6116

1.1 STUDY OBJECTIVES

1.2 MARKET DEFINITION

1.3 MARKET SCOPE

1.3.1 MARKETS COVERED

Figure 1 AI IN MILITARY MARKET SEGMENTATION

APPLICATION OFFERING TECHNOLOGY

1.3.2 YEARS CONSIDERED

2020–2021 2022 2023 2028

HISTORICAL YEARS BASE YEAR ESTIMATED YEAR PROJECTED YEAR

1.3.3 REGIONAL SCOPE

 US  UK  China  Israel  Brazil

1.4 CURRENCY CONSIDERED

Table 1 USD EXCHANGE RATES

DATE EURO GBP (BRITISH POUND) TRY (TURKISH LIRA)

December 12th, 2022 0.95 0.81 18.65

December 31st, 2021 0.86 0.76 8.89

December 31st, 2020 0.82 0.73 7.44

December 31st, 2019 0.89 0.75 5.95

Quantitative information for some market segments is kept confidential by

The number of industry experts available in developing markets across the

1.7 SUMMARY OF CHANGES

2.1 RESEARCH DATA

Figure 2 AI IN MILITARY MARKET: RESEARCH DESIGN

TECHNOLOGY TRENDS INDUSTRY TRENDS COMPETITIVE LANDSCAPE

MARKET SIZE & FORECAST:

Source: Secondary Research and MarketsandMarkets Analysis

2.1.1 SECONDARY DATA

2.1.1.1 KEY DATA FROM SECONDARY SOURCES

 US Government Accountability Office (US GAO)

Source: Secondary Research and MarketsandMarkets Analysis

2.1.2 PRIMARY DATA

2.1.2.1 KEY DATA FROM PRIMARY SOURCES

TYPE PARAMETER KEY DATA

 Overall Size of the Market

 Size of the AI in Military Market  Market, by Region – North America, Europe,

 Hardware, Software, Services

2.2 MARKET BREAKDOWN AND DATA TRIANGULATION

Figure 3 DATA TRIANGULATION

PRIMARY SOURCES SECONDARY SOURCES

INTERVIEWS WITH: MARKET SIZE ANALYSIS:

manufacturers, and industry company websites and contracts,

the AI in military market SOURCES MARKET SHARE ANALYSIS:

STEP 1: STEP 2: STEP 3:

2.3 GROWTH RATE ASSUMPTIONS

2.4 RESEARCH ASSUMPTIONS

Figure 4 RESEARCH ASSUMPTIONS

9.7.1 Increase in Adoption of Speech Recognition 10.4.2 Submarines

10.2 Airborne 10.5 Space

10.3.3 Weapons Systems 12.3.1 Pestle Analysis: North America

FIGURE 1 WARFARE PLATFORMS SEGMENT TO REGISTER HIGHEST CAGR DURING

Simulation & Training XX

Logistics & Transportation XX

Command & Control XX

Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis

2.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN AI IN

9,226.9 USD MILLION

CAGR of The AI in Military market is projected to grow from USD 9,226.9

largest share in 2023, owing to increased procurement

systems in various platforms. from Asia Pacific and North