The AI In Modern Warfare Market size is estimated at USD 11.41 billion in 2024, and is expected to reach USD 44.80 billion by 2029, growing at a CAGR of 31.46% during the forecast period (2024-2029).
China is betting on AI to enhance its defense capabilities and is expected to become the world leader in this field by 2030.
The market is growing slowly due to increasing military requirements from intelligence, surveillance, and reconnaissance to offense/defense balances and even nuclear weapons systems themselves. Companies like Boeing, General Dynamics Corporation, and IBM Corporation are using advances in artificial intelligence (AI), deep learning, and robotics to create new military capabilities that will change military strategies.
In January 2023, data-centric solutions for the globally networked battlespace were expedited by Booz Allen. To link friends and partners, provide mission-critical data at the pace of battle, and safeguard sensitive data with enhanced encryption, commanders demand a zero-trust-hardened platform. Its data-centered technology has helped with the Mission Partner Environment (MPE), which is a key part of the Joint All-Domain Command and Control (JADC2) strategy. The goal of this strategy is to make sure that the US military and its coalition partners around the world are all doing the same things at the same time.
In November 2022, the US Department of Defense gave Accrete a five-year, multimillion-dollar production operational technology license agreement deal for Argus, the company's AI program for detecting threats.
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