+44 (0) 20 7549 9987 | USA callers: +1 212 220 8419

Contact Us Now

“Military Artificial Intelligence (AI) market set to grow to $7,453m in 2018” says new Visiongain report

25 September 2018
Defence

Visiongain has launched a new defence report Military Artificial Intelligence (AI) Market Report 2018-2028: Forecasts by Application (Warfare Platform, Cyber Security, Logistics & Transportation, Target Recognition, Battlefield Healthcare, Simulation & Training, Threat Monitoring & Situational Awareness, Information Processing, Planning & Allocation), by Platform (Land, Airborne, Naval, Space), by Offering (Hardware, Software, Services) and Analysis of Leading Companies Developing Decision Making Software, Machine Learning, Lethal Autonomous Weapons Systems (LAWS), Self-Teaching Military Robots, Self-Driving Combat Cars.

Increased interest in artificial intelligence as a concept among governments and intelligence agencies arising out of increased cyber threats, dynamic battlefield situations, and other security related issues have led to growing demand for artificial intelligence tools in military applications. The concept of artificial intelligence has been used for years but recently has gained more importance in military as well as commercial platforms. One of the most productive areas in the field of military AI is the development of software that can learn and think on its own and thereby give decisive insights. Lethal Autonomous Weapon Systems (LAWS), self-teaching military robots, self-driving combat vehicles are some of the examples of military artificial intelligence systems.

The Visiongain report analyst commented "With the emerging need of advanced AI software technologies to perform military operations efficiently on their own, developers have advanced the concept of ‘Decision Making Software’. Now decision making software is capable of performing the whole task automatically from planning to execution of missions successfully without human intervention. Advanced software technologies and self-teaching systems have been introduced in the market place for enhanced situational awareness of troops it the battle space and for further mission planning and training operations."

Leading companies featured in the report who are developing military artificial intelligence systems includes BAE Systems, General Dynamics, Harris Corporation, Leidos, Lockheed Martin, Northrop Grumman, Raytheon Company, The Boeing Company, SparkCognition, and Thales

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Military Aircraft Maintenance, Repair & Overhaul (MRO) Market Report 2023-2033

The global Military Aircraft Maintenance, Repair & Overhaul (MRO) market was valued at US$40.17 billion in 2022 and is projected to grow at a CAGR of 4.39% during the forecast period 2023-2033.

17 February 2023

Read

Visiongain Publishes Rockets & Missiles Market Report 2023-2033

The global Rockets & Missiles market was valued at US$60.25 billion in 2022 and is projected to grow at a CAGR of 5.0% during the forecast period 2023-2033.

16 February 2023

Read

Visiongain Publishes Precision Guided Munitions Market Report 2023-2033

The global Precision Guided Munitions market was valued at US$36.8 billion in 2022 and is projected to grow at a CAGR of 4.4% during the forecast period 2023-2033.

02 February 2023

Read

Visiongain Publishes Anti-Aircraft Defence Systems Market Report 2023-2033

The global Anti-Aircraft Defence Systems market was valued at US$32.3 billion in 2022 and is projected to grow at a CAGR of 5.1% during the forecast period 2023-2033.

25 January 2023

Read