Growing Status of Artificial Intelligence (AI) in Modern Warfare Market 2019 by Industry News, Evolving Technologies, Top Key Players, Industry Share, and Forecast to 2024

Artificial Intelligence
Image credit: source

Artificial Intelligence (AI) in Modern Warfare Market” report 2019-2024 provides detailed summary of company competition, market demand, regional forecast, marketing price and new investment feasibility analysis is included of Artificial Intelligence (AI) in Modern Warfare market. It also covers approximate CAGR, key-players, scope of the report, regional analysis, major market factors of Artificial Intelligence (AI) in Modern Warfare market, reasons of buying this report and complete TOC of report.

Request a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/14245646

There are 4 key segments covered in this Artificial Intelligence (AI) in Modern Warfare Systems Market report:

  • Competitor segment
  • Product type segment
  • End-use/application segment
  • Geography segment

Market Overview:

  • The global artificial intelligence in modern warfare market was valued at USD 1036.584 million in 2018, and it is expected to reach a value of USD 7687.182 million by 2024, at a CAGR of 40.25% during 2019-2024. China is betting on AI to enhance its defense capabilities and is expected to become the world leader in this field by 2030.
  • – The growing demand for mass destructive weapons is driving the growth of the market. The growth in the testing of nuclear weapons by countries like North Korea is leading to an increase in the demand for mass destructive weapons. But these weapons are radiological, biological, or chemical in nature, therefore they are harmful.
  • – The emergence of extremist organizations across the globe, such as ISIS, has led to an increased emphasis on the use of technology, in the fields of counter-terrorism and defense activities. Through continued experiments and studies, automated vehicles have been identified to act as force multipliers.
  • – Although AI is a growing element in the military strategy of many countries, the European Union and China have been engaging in the issue of AI ethics. Many leading human rights organizations argue that the use of weapons such as armed drones will lead to an increase in civilian deaths and unlawful killings. Others are concerned that unregulated AI will lead to an international arms race.<

    Artificial Intelligence (AI) in Modern Warfare Market by Key Players:

  • The Boeing Company
  • General Dynamics Corporation
  • Alphabet Inc. (Google Inc.)
  • IBM Corporation
  • Intel Corporation
  • Endeavor Robotics
  • JSC Kalashnikov Concern
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • FLIR Unmanned Aerial Systems
  • Dassault Aviation
  • Raytheon Company
  • Roboteam Ltd
  • SparkCognition Inc.
  • Stryke Industries LLC
  • Textron Inc

    Enquire Before Purchasing this Report https://www.industryresearch.co/enquiry/pre-order-enquiry/14245646

    Scope of the Report:

  • Applications like data aggregation from nation-wide databases, practice tools for training troops, bioinformatics, and the security options that AI technology offers can be optimized with intelligent computers. It is due to this competency the technology offers, that scientists have started applying AI in the defense sector to make up for the limitations that humans have. They are increasingly using Unmanned Aerial Vehicles, Unmanned Ground Vehicles, Recovery and Maintenance Vehicles and Combat System which take advantage of AI. <

    Key Market Trends:

    Unmanned Aerial Vehicles Expected to Dominate the Market

    – Owing to the wide variety of operations they can perform in the current scenario, Unmanned Aerial Vehicles (UAV) have made significant strides since their inception.
    – Engineers have been identified to harness the capability of UAV, to collect visual and thermal data over vast areas, at a much higher precision than before.
    – With appropriate data analytics, this information is being used by the military for various purposes, which include security and control, aerial reconnaissance, access chemical, biological and nuclear conditions, and to strategize the required measures.

    North America to Account for a Major Share

    – The US Department of Defense has requested approximately USD 9.39 billion for unmanned systems and associated technologies in the 2019 budget. This proposal includes funding for the procurement of 3,447 new air, ground, and sea drones.
    – The 2019 budget proposal represents a significant expansion in drone spending over the FY 2018 requested budget, which contained approximately USD 7.5 billion in drone-related spending and orders for 807 drones.
    – The Pentagon has introduced new research programs that address autonomy and artificial intelligence and has boosted funding for Project Maven, an artificial intelligence program, by 81 percent to over USD 100 million. This increased spending is a major factor boosting the growth of the market in the region.

    Purchase this Report (Price 4250 USD for single user license) https://www.industryresearch.co/purchase/14245646

    Artificial Intelligence (AI) in Modern Warfare Market Covers Following Points in TOC:

    • Chapter 1: Artificial Intelligence (AI) in Modern Warfare Market Definition
    • Chapter 2: Research Methodology of Artificial Intelligence (AI) in Modern Warfare Market
    • Chapter 3: Artificial Intelligence (AI) in Modern Warfare Market Executive Summary
    • Chapter 4: Artificial Intelligence (AI) in Modern Warfare Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Artificial Intelligence (AI) in Modern Warfare Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Artificial Intelligence (AI) in Modern Warfare Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Artificial Intelligence (AI) in Modern Warfare Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Artificial Intelligence (AI) in Modern Warfare Market

    Report PageArtificial Intelligence (AI) in Modern Warfare Market – Growth, Trends and Forecast (2019 – 2024)

     

    About Industry Research:

    Industry Research is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in-depth market research. We are one of the top report resellers in the market, dedicated to bringing you an ingenious concoction of data parameters.

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

  • (Excerpt) Read more Here | 2019-07-07 22:07:00

    Leave a Reply

    Your email address will not be published. Required fields are marked *