Artificial Intelligence In Military Market Size Analysis and Top Companies
The global artificial intelligence in military market size is estimated to hit around USD 28.49 billion by 2033 from USD 9.56 billion in 2024 with a CAGR of 12.9% from 2024 to 2033. The top companies operating in the artificial intelligence in military market are Machine Halo, Lockheed Martin, Northrop Grumman, Raytheon Company, Thales Group, Bae Systems, IBM, General Dynamics, Soartech, Nvidia, Sparkcognition, Saic, Charles River Analytics, Leidos, Boeing, GovBrain, and others.
Artificial Intelligence in Military Market Companies
| Report Coverage |
Details |
| Market Size in 2024 |
USD 9.56 Billion |
| Market Size by 2034 |
USD 32.17 Billion |
| Growth Rate from 2024 to 2034 |
CAGR of 12.9% |
| Base Year |
2023 |
| Forecast Period |
2024 to 2034 |
| Segments Covered |
By Component, By Technology, By Platform, By Installation, and By Application |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Artificial Intelligence In Military Market Companies
- Machine Halo
- Lockheed Martin
- Northrop Grumman
- Raytheon Company
- Thales Group
- Bae Systems
- IBM
- General Dynamics
- Soartech
- Nvidia
- Sparkcognition
- Saic
- Charles River Analytics
- Leidos
- Boeing
- GovBrain
- ShieldAI
- SuperFlex
- SRI International
- DARPA
- PrecisionHawk
- MRX Global Holding Corp.
- Centaurus Technology
- Hi-Tech Robotic System
Recent Developments
- The United States Air Force granted Soar-Tech an agreement in January 2021 to promote programmed discourse acknowledgment as well as intellectual specialist developing ability on the side of the Air Force Warning and Control System (AWACS) mission.
- Boeing (U.S.) completed testing of five elite independent substitute planes with the ability to 'assist' the airplane's cerebrum in comprehending, analyzing, and communicating with various stages during missions in December 2020.
- IBM along with Raytheon Technologies endorsed a collaboration agreement in October 2021 to develop cryptographic, advanced AI as well as quantum solutions for various industries.
- Sea Machines Robotics and HamiltonJet contracted an agreement in March 2021 to build a novel pilot-assist technique for waterjets that use computer autonomous and vision command and control technologies.
- The US Air Force awarded Boeing a contract in January 2021 to improve automatic communication recognition as well as cognitive agent instruction capability in assistance of the Air Force Warning and Control System (AWACS) mission.
- Boeing (US) finished testing five high-performance automatic jets that can 'teach' the Aircraft's brain to analyze, understand, as well as communicate with other platforms in December 2020.
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