
Asia Pacific Artificial Intelligence in Defense Market
No. of Pages: 148 | Report Code: TIPRE00027181 | Category: Technology, Media and Telecommunications
No. of Pages: 148 | Report Code: TIPRE00027181 | Category: Technology, Media and Telecommunications
Quantum computing integrates the concepts of quantum physics and computer science. The introduction of quantum computing will supercharge the artificial intelligence systems, which currently depends on binary-based classical computing and enhance their capabilities. Artificial intelligence can crunch through a larger data set and learn from it to give a better model and accurate predictions, which can have various applications in the defense industry for security and privacy. Owing to the ability of quantum computing to process larger datasets, the information can be processed much quicker locally than on the cloud. For instance, data from all sensors attached to an autonomous AI-powered tank can be processed quickly, and decisions can be made faster. Quantum computing will play a huge role in cybersecurity, as this will power up the systems for faster detection of threats and take necessary countermeasures. The defense industry across the region experienced the threat of cyberattacks. Therefore, existing cybersecurity technology falls short to tackle advanced cyber threats. Thus, AI-based cybersecurity solutions can be deployed by analyzing and correlating data from various sources that can detect cyberattacks. This represents significant opportunities for the Asia Pacific artificial intelligence in defense market. Furthermore, with the rising awareness regarding quantum computing and AI technologies, the government is focused on enhancing its defense capabilities with advanced technologies. In December 2021, the Indian Army opened a new quantum computing laboratory and an AI center at the Military College of Telecommunication Engineering, Mhow (M.P). These centers were built to carry out research to develop advanced technologies for military forces. Technological developments with the help of quantum computing and AI will provide more accurate and precise activities, further contributes its adoption in the military forces. Thus, the incorporation of quantum computing in artificial intelligence is anticipated to create lucrative opportunities for the Asia Pacific artificial intelligence in defense market during the forecast period.
As countries in Asia Pacific work to create a "world-class force," their progress in advanced armament systems frightens their neighbors and competitors. The military & defense sector in China has been investing heavily in robots, swarming, and other AI and ML applications. So far, "autonomous" or "intelligent" weapon systems are based on the existing capabilities of unmanned systems and missile technologies. With its Made in China 2025 initiative, China aims to improve and develop AI-based technologies under its “New Generation Artificial Intelligence Development Plan.” Thus, the efforts made by different countries to build new AI-based products would contribute to the growth of artificial intelligence in the defense market in Asia Pacific. AI is being introduced in the military & defense sectors of various Asian Pacific countries. The Centre for Artificial Intelligence and Robotics (CAIR), a DRDO laboratory in India, launched a project in January 2019 to create AI-based signal intelligence systems that would allow armed forces to improve their intelligence, collation, and analysis capabilities. AI-based offerings are deployed in decision support, sensor data analysis, predictive maintenance, situational awareness, accurate data extraction, and security, among other areas, in military operations. In March 2022, through the Indian government’s initiative—Aatmanirbhar Bharat Abhiyan—the Ministry of Defense is focused on the design and development of 18 major technologies, including naval ship-borne unmanned aerial systems (NSUAS), unmanned autonomous AI-based land robots, and long-range unmanned aerial vehicles (UAVs). Such government initiatives for the development of AI-based technologies fuel the Asia Pacific artificial intelligence in defense market growth in Asia Pacific.
Strategic insights for the Asia Pacific Artificial Intelligence in Defense provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific Artificial Intelligence in Defense refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Asia Pacific Artificial Intelligence in Defense Strategic Insights
Asia Pacific Artificial Intelligence in Defense Report Scope
Report Attribute
Details
Market size in 2023
US$ 2,196.39 Million
Market Size by 2028
US$ 4,116.99 Million
Global CAGR (2023 - 2028)
13.4%
Historical Data
2021-2022
Forecast period
2024-2028
Segments Covered
By Component
By Technology
By Platform
By Application
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
Asia Pacific Artificial Intelligence in Defense Regional Insights
Asia Pacific Artificial Intelligence in Defense Market Segmentation
The Asia Pacific artificial intelligence in defense market is segmented into component, technology, platform, application, and country.
Based on component, the Asia Pacific artificial intelligence in defense market is segmented into hardware, software and services. The software segment held the largest share of the Asia Pacific artificial intelligence in defense market in 2023.
Based on technology, the Asia Pacific artificial intelligence in defense market is segmented into advanced computing, ai systems and learning and intelligence. The advanced computing segment held the largest share of the Asia Pacific artificial intelligence in defense market in 2023.
Based on platform, the Asia Pacific artificial intelligence in defense market is segmented into naval, land, and air. The land segment held the largest share of the Asia Pacific artificial intelligence in defense market in 2023.
Based on application, the Asia Pacific artificial intelligence in defense market is segmented into cyber security, battlefield healthcare, logistics and transportation, warfare platform and others. The warfare segment held the largest share of the Asia Pacific artificial intelligence in defense market in 2023.
Based on country, the Asia Pacific artificial intelligence in defense market is segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The China dominated the share of the Asia Pacific artificial intelligence in defense market in 2023.
BAE Systems Plc; International Business Machines Corp; Leidos Holdings Inc; Lockheed Martin Corp; Raytheon Technologies Corp; SparkCognition Inc; and Thales SA are the leading companies operating in the Asia Pacific artificial intelligence in defense market.
The Asia Pacific Artificial Intelligence in Defense Market is valued at US$ 2,196.39 Million in 2023, it is projected to reach US$ 4,116.99 Million by 2028.
As per our report Asia Pacific Artificial Intelligence in Defense Market, the market size is valued at US$ 2,196.39 Million in 2023, projecting it to reach US$ 4,116.99 Million by 2028. This translates to a CAGR of approximately 13.4% during the forecast period.
The Asia Pacific Artificial Intelligence in Defense Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Artificial Intelligence in Defense Market report:
The Asia Pacific Artificial Intelligence in Defense Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Artificial Intelligence in Defense Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Artificial Intelligence in Defense Market value chain can benefit from the information contained in a comprehensive market report.