Global Artificial Intelligence (AI) Defence Market : Global Industry Analysis and Forecast (2018-202

Global artificial intelligence (AI) defence market was valued US$ 6.50 Bn in 2017, and expected to reach US$ 25.20 in 2026, at CAGR of 18.46% during forecast period.

The technologies of the defense industry are in the early stages of a movement toward development, artificial intelligence (AI) and robotics are changing defense now and it will enable intelligent warfare in the decades to come. These technologies will have a correspondingly rigours effect on defense contractors. In the near term, incorporating artificial intelligence (AI) defence into the design of traditional battle networks will massively improve performance of current platforms and forces.

Many established defense contractors have treated artificial intelligence (AI) and robotics as outranked markets. But they have underestimated the long-term threat to their business. Artificial intelligence (AI) and robotics specialists are bringing step change improvements to legacy systems.

Indian government wants to build up the country’s strong IT industry and defence sector to work in consolidation. The ministry has initiated the process of preparing Indian defence forces in their use of artificial intelligence (AI) and how these capabilities can be increasingly developed within the country. AI has the potential to have transformative influence on national security. Also, AI is essentially a dual use technology. While it can fuel technology driven economic growth, it also has potential to provide military superiority.

Considering that most artificial intelligence (AI) work is happening in private sector, it made recommendations to work with start-ups and commercial industry in the field of use of artificial intelligence (AI) for defence purposes, which will be more helpful for defence sector.

At the same time, DRDO's Centre for Artificial Intelligence and Robotics (CAIR) is also trying to develop different kinds of intelligent robots, but clearly much more needs to be done. India, obviously, also needs to take perception of the entire ethical debate on LAWS because opponents argue they could disrupt humanitarian principles by having the capability to independently select and destroy targets without human interference.

AI has already been widely used by the equipped forces of China, the United States, and Russia., India, one of the countries with the largest defense expenditures, also plans to incorporate AI in its defense forces, with an aim to enhance the operational preparedness of its armed forces

Key players operated in Artificial Intelligence (AI) Defence Market includes BAE Systems, Northrop Grumman, Lockheed Martin, Harris Corporation, SparkCognition, Thales, General Dynamics, Leidos, Raytheon Company, The Boeing Company, IBM (US), NVIDIA (US).

Scope of Global Artificial Intelligence (AI) Defence Market:

Global Artificial Intelligence (AI) Defence Market by Offering:

• Software
• Hardware
• Services

Global Artificial Intelligence (AI) Defence Market by Technology:

• Learning & Intelligence
• Advanced Computing
• AI Systems

Global Artificial Intelligence (AI) Defence Market by Application:

• Warfare Platform
• Cyber Security
• Logistics And Transportation
• Target Recognition
• Battlefield Healthcare
• Simulation And Training
• Threat Monitoring And Situational Awareness
• Information Processing
• Planning And Allocation

Global Artificial Intelligence (AI) Defence Market by Platform:

• Airborne
• Land Based
• Naval
• Space

Global Artificial Intelligence (AI) Defence Market by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa

Key players operated in the Global Artificial Intelligence (AI) Defence Market includes:

• BAE Systems
• Northrop Grumman
• Lockheed Martin
• Harris Corporation
• SparkCognition
• Thales
• General Dynamics
• Leidos
• Raytheon Company
• The Boeing Company
• IBM (US)
• NVIDIA (US)

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