AI in Military Market Soars to $13,670 Million, witnessing a CAGR of 13.9% during the forecast period 2024-2030 | The Market Reports

March 27 20:45 2024
AI in Military Market Soars to $13,670 Million, witnessing a CAGR of 13.9% during the forecast period 2024-2030 | The Market Reports
AI in Military Market: $13,670M, 13.9% CAGR by 2030
The AI in Military Market is poised to reach $13,670 million by 2030, boasting a robust 13.9% CAGR, driven by the increasing integration of AI technologies in defense systems to enhance operational efficiency and decision-making capabilities.

Military applications of AI have become a prominent topic of interest in the field of artificial intelligence. With new ways of using AI constantly developing, it can be challenging to keep up with ways in which it can aid military operations. As AI becomes more essential, military dominance won’t be defined by the size of an army, but by the performance of its algorithms.

The global AI in Military Market was valued at US$ 5550 million in 2023 and is anticipated to reach US$ 13670 million by 2030, witnessing a CAGR of 13.9% during the forecast period 2024-2030.

Global key players of AI in Military include BAE Systems, Raytheon, L3Harris, Northrop Grumman, Leidos, etc. The top five players hold a share over 34%. North America is the largest market, has a share about 39%, followed by Europe and Asia-Pacific, with share 19% and 29%, separately. In terms of product type, Hardware is the largest segment, occupied for a share of 39%, and in terms of application, Warfare Platform has a share about 20 percent.

This report aims to provide a comprehensive presentation of the global market for AI in Military, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AI in Military.

Report Scope

The AI in Military market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global AI in Military market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the AI in Military companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Market Segmentation

By Company

  • BAE Systems
  • Raytheon
  • L3Harris
  • Northrop Grumman
  • Leidos
  • Lockheed Martin
  • General Dynamics
  • Thales
  • IBM
  • Rafael
  • Nvidia
  • SparkCognition
  • Charles River Analytics
  • C3 AI
  • Changsha Jingjia Microelectronics


Segment by Type

  • Hardware
  • Software
  • Service


Segment by Application

  • Warfare Platform
  • Cyber Security
  • Logistics and Transportation
  • Combat Simulation and Training
  • Command and Control
  • Information Processing
  • Others


By Region

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)


Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of AI in Military companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

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