global military artificial intelligence market
Tech Brief: Artificial Intelligence Having Huge Influence on Global Military Market
While Artificial intelligence (AI) has become an ever-increasing part of consumers typical daily lifestyles, the military uses of AI will have an even more effect in the global military market. A recent report from Zion Market Research sad that the global artificial intelligence in military market was valued at approximately USD 4,800 million in 2018 and is expected to generate around USD 16,300 million by 2026, at a CAGR of around 14.5% between 2019 and 2026. Another report from ResearchAndMarkets projects that the Global Military Artificial Intelligence Market report projects the market to grow at a significant CAGR of 18.66% on the basis of value during the forecast period from 2019 to 2024. It said that North America dominated the global military artificial intelligence market with a share of 48.23% in 2019. It added: "North America, including the major countries such as the U.S., is the most prominent region for the military artificial intelligence market. In North America, the U.S. acquired a major market share in 2019 due to the major deployment of countermeasures in the defense sector in the country. The global military artificial intelligence market has gained widespread importance owing to the rising adoption of artificial intelligence for the military operation."
Global Military Artificial Intelligence (AI) and Cybernetics Market: Focus on Platform, Technology, Application and Services - Analysis and Forecast, 2019-2024
Key Questions Answered in this Report: • What are the trends in the global military artificial intelligence and cybernetics across different regions? Global Military Artificial Intelligence Market Forecast, 2019-2024 The Global Military Artificial Intelligence Market report projects the market to grow at a significant CAGR of 18.66% on the basis of value during the forecast period from 2019 to 2024. North America dominated the global military artificial intelligence market with a share of 48.23% in 2019. North America, including the major countries such as the U.S., is the most prominent region for the military artificial intelligence market. In North America, the U.S. acquired a major market share in 2019 due to the major deployment of counter measures in defense sector in the country.