
North America Artificial Intelligence in Defense Market
No. of Pages: 124 | Report Code: TIPRE00027187 | Category: Technology, Media and Telecommunications
No. of Pages: 124 | Report Code: TIPRE00027187 | Category: Technology, Media and Telecommunications
The North America artificial intelligence in defense market is expected to grow from US$ 3,102.81 million in 2023 to US$ 5,169.26 million by 2028. It is estimated to grow at a CAGR of 10.7% from 2023 to 2028.
Unmanned aerial vehicles (UAVs) or drones based on AI technologies can be used in the military for security missions. These UAVs are equipped with various sensors and cameras that enable them to gather real-time information about the terrain and detect risks of potential threats for multiple applications, including warfare systems and cybersecurity. By using artificial intelligence and deep learning, UAVs constitute a new chance for autonomous operations and flight. Computer vision has progressed in image classification and segmentation and object detection, making it an attractive research field when applied on UAVs. Artificial intelligence is essential in UAVs in military operations for decision making. Shield AI provides Nova 2, a drone system capable of outdoor and indoor autonomous, self-directed flight. Nova operates independently in complex and contested environments, leveraging AI to complete the task. Shield designed the Nova 2 to operate autonomously, without needing a human to control it remotely or for a constant connection to some distant data center. It also does not require a GPS signal to navigate and map its environment. The Shield AI's Nova2 drones have already been used by the US Special Operations Command since 2018, including in combat. Therefore, AI-based unmanned aerial vehicles add many benefits to the defense sector. Furthermore, advancements in artificial intelligence and machine learning and their integration with UAVs allow UAV manufacturers to advance their portfolios. Their state-of-the-art products help make real-time data-driven decisions by enabling high-speed data capture and processing. In February 2023, RealNetworks, Inc., a provider of AI and computer vision-based products, signed a US$ 729,056 contract with US Air Force to deploy its facial recognition technology, SAFR, on small drones for special operations. These drones enhance the capabilities of the military force to better understand the situational awareness during ISR missions. Such partnerships, collaborations, and contracts for the adoption and development of UAVs with AI technologies boost the growth of the North America artificial intelligence in defense market.
Ongoing advancements in artificial intelligence (AI) are presenting both exciting prospects and new hurdles for national security agencies. AI, which often coincides with the Fourth Industrial Revolution, has been driving scientific and technical innovations in North America. Military authorities in the US and Canada believe that technology has the potential to significantly alter the way military operations are carried out. For instance, the Pentagon's Defense Advanced Research Projects Agency (DARPA) has been exploring artificial intelligence (AI) to manage drones carrying military weapons and equipment to counter-strike enemies, as drone missions in the US that involve lethal force need human monitoring and supervision. Various defense organizations in North American countries focus on entering into partnerships to leverage the benefits of technologies. In July 2021, the North American Aerospace Defense Command (NORAD) and the United States Northern Command (NORTHCOM) collaborated with officials from 11 combatant commands to undertake a third round of the Global Information Dominance Experiments (GIDE). In each step of the testing, the present capabilities of three interconnected AI-enabled tools-Cosmos, Lattice, and Gaia-were demonstrated. As a result, the rising trend of incorporating AI in military operations is expected to bolster the North America artificial intelligence in defense market in the coming years.
Strategic insights for the North America 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 North America 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.North America Artificial Intelligence in Defense Strategic Insights
North America Artificial Intelligence in Defense Report Scope
Report Attribute
Details
Market size in 2023
US$ 3,102.81 Million
Market Size by 2028
US$ 5,169.26 Million
Global CAGR (2023 - 2028)
10.7%
Historical Data
2021-2022
Forecast period
2024-2028
Segments Covered
By Component
By Technology
By Platform
By Application
Regions and Countries Covered
North America
Market leaders and key company profiles
North America Artificial Intelligence in Defense Regional Insights
North America Artificial Intelligence in Defense Market Segmentation
The North America artificial intelligence in defense market is segmented into component, technology, platform, application, and country.
Based on component, the North America artificial intelligence in defense market is segmented into hardware, software and services. The software segment held the largest share of the North America artificial intelligence in defense market in 2023.
Based on technology, the North America 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 North America artificial intelligence in defense market in 2023.
Based on platform, the North America artificial intelligence in defense market is segmented into naval, land, and air. The land segment held the largest share of the North America artificial intelligence in defense market in 2023.
Based on application, the North America 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 North America artificial intelligence in defense market in 2023.
Based on country, the North America artificial intelligence in defense market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America artificial intelligence in defense market in 2023.
BAE Systems Plc; Charles River Analytics, Inc.; General Dynamics Information Technology, Inc.; International Business Machines Corp; Leidos Holdings Inc; Lockheed Martin Corp; Raytheon Technologies Corp; Shield AI; SparkCognition Inc; Thales SA are the leading companies operating in the North America artificial intelligence in defense market. "
1. BAE Systems Plc
2. Charles River Analytics, Inc.
3. General Dynamics Information Technology, Inc.
4. International Business Machines Corp
5. Leidos Holdings Inc
6. Lockheed Martin Corp
7. Raytheon Technologies Corp
8. Shield AI
9. SparkCognition Inc
10. Thales SA
The North America Artificial Intelligence in Defense Market is valued at US$ 3,102.81 Million in 2023, it is projected to reach US$ 5,169.26 Million by 2028.
As per our report North America Artificial Intelligence in Defense Market, the market size is valued at US$ 3,102.81 Million in 2023, projecting it to reach US$ 5,169.26 Million by 2028. This translates to a CAGR of approximately 10.7% during the forecast period.
The North America 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 North America Artificial Intelligence in Defense Market report:
The North America 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 North America Artificial Intelligence in Defense Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Artificial Intelligence in Defense Market value chain can benefit from the information contained in a comprehensive market report.