Military Artificial Intelligence (AI) market set to grow to $7,453m in 2018, says new study

PR_28861Increased 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 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

Related Market Research: 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

September 2018 | 197 pages

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