Artificial Intelligence in Military Market |
Posted: August 19, 2018 |
Artificial Intelligence in Military Market is expected to grow XX billion by 2026 growing at a CAGR of XX% from 2018 to 2026. Artificial intelligence is the capability of a computer system to complete tasks that generally needs human intelligence like speech recognition, visual perception, and decision-making. This technology involves deep learning and machine learning. Artificial Intelligence (AI) is becoming a critical part of modern war. AI have capability to handle huge amounts of military data in efficient manner. It increases the self-control, self-regulation, and self-actuation skills of war systems, using characteristic like computing & decision-making. Report segments the artificial intelligence in military market into platform, offering, application, technology, and region. In case of application, the artificial intelligence in military market has been classified into information processing, warfare platform, threat monitoring & situational awareness, planning & allocation, cybersecurity, simulation & training, logistics & transportation, target recognition, battlefield healthcare, and others (NBC scenario monitoring and fire monitoring). The US and China are considered to be key markets for artificial intelligence in military. As a technology segment is concerned, the learning & intelligence is expected to be the forth runner during the forecast period.. Governments of various countries, such as the US, India, China, Russia, and Germany, are increasingly investing in the field of artificial intelligence to develop highly-advanced AI systems for military applications. Based on Regions, North America in general and the US, in particular, is estimated to account for the largest share of the artificial intelligence in military market in 2017. This market in Asia Pacific is projected to grow at the highest CAGR from 2017 to 2025, China being the main reason. The growth of the artificial intelligence in military market in China can be attributed due to rapid advances made in the field of artificial intelligence to modernize the country’s armed forces. China recently revealed one such technological advance with a futuristic ‘eye in the sky’ warplane that can detect stealth vehicles. <a href="https://www.maximizemarketresearch.com/">market research company</a>
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