DUBLIN, Nov. 21, 2019 /PRNewswire/ -- The "Global Military Artificial Intelligence (AI) and Cybernetics Market: Focus on Platform, Technology, Application and Services - Analysis and Forecast, 2019-2024" report has been added to ResearchAndMarkets.com's offering.
According to the report, the market to grow at a significant CAGR of 18.66% on the basis of value during the forecast period from 2019 to 2024. The major driving force behind the growth of the military artificial intelligence and cybernetics market is the increase in defense expenditure in various countries.
The concept of artificial intelligence in the military was first introduced in 1956 but the use of artificial intelligence began in 2010 with the introduction of three new technologies, namely Big data, machine learning, and computer processing power. This development helps basic artificial intelligence to advance algorithms that recognize specific problem sets while playing the game, image recognition, and navigation. The role of artificial intelligence and cybernetics is used for creating better coordination between the soldiers and equipment during combat. This will further increase the dependability of the military on artificial intelligence.
Over the past few years, the defense forces have deployed learning action frameworks that use machine learning algorithms and artificial intelligence to imitate human perception of learning, memory, and judgment. Machine learning, which is the most popular technology available to mankind, and is used by many countries such as U.S., China, and Russia to respond to unknown threats in order to reduce the burden on warfighters. However, the artificial intelligence system needs to be in a dynamic closed loop with the feedback system to respond intelligently, in case an uncertain threat is found.
The need for enhanced border security due to issues related to increasing land disputes, migration, and smuggling, has forced several countries to strengthen their security. This has led to an increase in the demand for advanced equipment for each land, air, naval and space platform. The advanced equipment provides better situational awareness to the soldiers, to have a competitive edge over the opponents. With recent developments in artificial intelligence and machine learning, equipment such as unmanned marine vehicles, unmanned ground vehicles, armoured fighting vehicles, unmanned aerial vehicles, submarine, ships, and fighter jets are becoming increasingly flexible and available at a reliable cost in manufacturing industries.
As the complexity of automating tasks increases, the performance of the industries is likely to decline. Hence, the countries already using artificial intelligence and machine learning are likely to continue as well as increase their deployment. Thus, the impact of artificial intelligence is expected to grow along with improved levels of new automation technologies.
Key Companies in the Global Military AI and Cybernetics Market
The key market players in the global military artificial intelligence and cybernetics market include General Dynamics, Lockheed Martin Corporation, Northrop Grumman Corporation, BAE system, Boeing, Blue Bear, Charles River Analytics, IBM, Leidos, Raytheon, SparkCognition, SAIC, Soar Tech and Thales Group.
Key Questions Answered
- What are the trends in the global military artificial intelligence and cybernetics across different regions?
- What are the major driving factors in the global military artificial intelligence and cybernetics market during the forecast period 2019-2024?
- What are the major challenges inhibiting the growth of the global military artificial intelligence and cybernetics?
- Which application type (cybersecurity, warfare platform, surveillance, autonomous weapons and targeting system, battlefield healthcare, simulation, and others (threat monitoring and situational awareness, information processing, target recognition) of the global military artificial intelligence market dominated in 2018, and what would be the expected scenario by 2024?
- What was the revenue generated by the global military artificial intelligence market by platform, technologies, and services in 2018, and what would be the anticipated estimates by 2024?
- What was the aggregate revenue generated by the global military artificial intelligence market segmented by region (North America, Europe, Asia-Pacific, and Rest-of-the-World) in 2018, and what would be the anticipated estimates by 2024?
- Who are the key players in the global military artificial intelligence and cybernetics market, and what are the new strategies adopted by the market players to make a mark in the industry?
- What major opportunities do the military artificial intelligence and cybernetics companies foresee in the next five years?
- What is the competitive strength of the key leading players in the military artificial intelligence and cybernetics market?
Key Topics Covered
1 Market Dynamics
1.1.1 Rising Demand for Artificial Intelligence for Developing Military Equipment
1.1.2 Increasing Need for Situational Awareness in Military
1.1.3 Growing Demand for Cloud Services in Military
1.2.1 Lack of Standard Professional for Operating AI-Integrated Equipment
1.2.2 Rising Cyber Threat for Military Data
1.3.1 Increasing Adoption of AI for Military Operation
1.3.2 Rising Demand for Next-Generation Battlefield Technologies
2 Competitive Insights
2.1 Key Strategies and Developments
2.1.1 Partnerships, Collaborations, Contracts, and Agreements
2.1.2 Mergers and Acquisitions
2.1.3 Product Launches
2.1.4 Other Developments
2.2 Competitive Benchmarking
3 Industry Analysis
3.1 Industry Overview
3.2 Ongoing Programs of Artificial Intelligence for Defense
3.3 Patent Analysis
3.4 Emerging Technological Trends
3.4.1 Advance Analytics and Big Data
3.4.2 Neural Network
3.5 Artificial Intelligence and Military Integration Challenges
3.6 Future Trends: Internet of Battlefield Things (IOBT)
4 Global Technological Roadmap for Cybernetics
4.2 Applications of Cybernetics
4.2.1 Human-Machine Interface
4.2.2 Bionic Power (Cyborgs)
4.3 Evolution of Cybernetics
4.4 AI in Cybernetics
4.5 Future of Warfare: Robots, Cyborgs, and Soldiers
5 Global Military Artificial Intelligence (AI) and Cybernetics Market, 2019-2024
5.1 Assumptions and Limitations
5.2 Market Overview
6 Global Military Artificial Intelligence (AI) and Cybernetics Market (by Platform), 2019-2024
6.1 Market Overview
6.2.1 Armoured Fighting Vehicle
6.2.2 Command & Control System
6.2.3 Unmanned Ground Vehicle
6.3.2 Unmanned Marine Vehicle
6.4.1 Unmanned Aerial Vehicle
6.4.2 Fighter Jets & Aircrafts
6.5.2 Space Launch Vehicle
7 Global Military Artificial Intelligence (AI) and Cybernetics Market (by Technology), 2019-2024
7.1 Market Overview
7.1.1 Learning & Intelligence
18.104.22.168 Natural Language Processing
22.214.171.124 Machine Learning
126.96.36.199 Data Mining
188.8.131.52 Deep Learning
7.1.2 Artificial Intelligence System
184.108.40.206 Computer Vision
220.127.116.11 Virtual Agents
18.104.22.168 Virtual Reality
7.1.3 Advanced Computing
22.214.171.124 Super Computing
126.96.36.199 Quantum Computing
188.8.131.52 Neuromorphic Engineering
8 Global Military Artificial Intelligence (AI) and Cybernetics Market (by Application), 2019-2024
8.1 Market Overview
8.1.2 Warfare Platform
8.1.3 Logistics & Transportation
8.1.4 Autonomous Weapons & Targeting System
8.1.5 Battlefield Health Care
8.1.6 Combat Simulation
9 Global Military Artificial Intelligence (AI) and Cybernetics Market (by Services), 2019-2024
9.1 Market Overview
9.3.1 AI Services
9.3.2 AI Platform
9.4.1 Integration & Deployment
10 Global Military Artificial Intelligence (AI) and Cybernetics Market (by Region)
10.1 Market Overview
10.2 North America
11 Company Profiles
11.1 BAE Systems
11.3 Blue Bear
11.4 Charles River Analytics Inc.
11.5 General Dynamics
11.6 Harris Corporation
11.8 Lockheed Martin Corporation
11.10 Northrop Grumman Corporation
11.11 Raytheon Company
11.15 Thales Group
11.16 Other Key Players
11.16.1 Centaurus Technology
11.16.2 Gov Brain
11.16.3 High Tech Robotic System
11.16.4 Machine Halo
For more information about this report visit https://www.researchandmarkets.com/r/3p7ywn
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