Facts and Factors Market Research has published a new report titled “Russia and NATO Artificial Intelligence in Military Market By Application (Warfare Platform, Information Processing, Logistics & Transportation, Target Recognition, Battlefield Healthcare, Simulation & Training, Threat Monitoring & Situational Awareness, Cybersecurity, and Others), by Platform(Land, Naval, Space, and Airborne), By Offering (Software, Hardware, and Services), and by Technology (Learning &Intelligence, AI Systems, and Advanced Computing): Industry Perspective, Comprehensive Analysis, and Forecast, 2019–2027.”
According to the report, the demand for Russia and NATO artificial intelligence in military market was valued at approximately USD 5,574 million in 2018 and is expected to reach around USD 18,649 million by 2027, at a CAGR of around 14.4% between 2019 and 2027.
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Artificial intelligence or AI is the development of computer systems that are capable of performing tasks requiring human intelligence, such as visual perception, decision-making, language translation, speech recognition, etc. Military equipment combined with AI is called artificial intelligence in military. AI is commonly used for integrating C4ISR abilities and deeply fusing sensors and systems across various domains of warfare. Additionally, AI is utilized in the computational military reasoning and the development of intelligent and autonomous weapon systems, such as unmanned aerial, underwater, and surface vehicles, cruise missiles, and military robotics. Furthermore, AI is used for effectively processing sensor data and raw intelligence that incorporates automation and intelligent sensing of multi-sensor data fusion for enhancing situational awareness, defense of critical information systems and military networks, and informing command decision-making in cyber warfare Distributed Denial of Service (DDoS) attacks, which helps in detecting and mitigating attacks via big data analysis, pattern matching, machine learning, and statistical analysis.
Growth of big data analytics majorly driving Russia and NATO artificial intelligence in military market
The rise in the demand for information processing is fuelling the growth of big data analytics. Since big data analytics helps in detecting and mitigating attacks in the military, it is the primary growth driver of Russia and NATO artificial intelligence in military market.
In addition, Russia and NATO artificial intelligence in military market is also fuelled by the growing adoption of various types of cloud services by the military sector. Furthermore, the Russia and NATO market for artificial intelligence in military is also being driven by the rising developments related to chipsets that support artificial intelligence and consistently enhancing computing power.
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Warfare platform is projected to dominate the application segment
In 2017, the warfare platform segment held a market share of 22.68%. This segment is likely to dominate Russia and NATO artificial intelligence in military market in the years ahead, owing to the growing adaption of C4ISR abilities, i.e., command, communications, control, computers, intelligence, surveillance, and reconnaissance, which offer conventional options. Additionally, the modernization and advancements of electronic vehicles in Russia will also fuel the warfare platform segment over the forecast timeframe.
The naval segment is likely to be the largest market segment
Russia has uncommon maritime geography, as country’s four fleets operate from its four varied coasts. Thus, Russia is proactive in adopting varied kinds of advanced naval technologies. The Russian naval forces are capable of operating for a long period of time with superior combat readiness. This is the main driver contributing to the naval segment, which will make it the largest segment in the future. In 2017, the naval segment held 34.66% share of Russia and NATO artificial intelligence in military market.
NATO will dominate Russia and NATO artificial intelligence in military market
In 2017, the NATO region contributed a major share to Russia and NATO artificial intelligence in military market. This can be due to the increasing military expenditure and rising awareness about AI military equipment among the NATO countries.
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Key players operating in Russia and NATO artificial intelligence in military market are Northrop Grumman, Sparkcognition, Leidos, Charles River Analytics, Boeing, SAIC, Thales Group, BAE Systems, IBM, NVIDIA, General Dynamics, Harris Corporation, Raytheon Company, and Lockheed Martin, among others.
This report segments the Russia and NATO artificial intelligence in military market as follows:
Russia and NATO Artificial Intelligence in Military Market: Application Analysis
- Warfare Platform
- Information Processing
- Logistics and Transportation
- Target Recognition
- Battlefield Healthcare
- Simulation and Training
- Threat Monitoring and Situational Awareness
Russia and NATO Artificial Intelligence in Military Market: Platform Analysis
Russia and NATO Artificial Intelligence in Military Market: Offering Analysis
Russia and NATO Artificial Intelligence in Military Market: Technology Analysis
- Learning and Intelligence
- AI Systems
- Advanced Computing
Russia and NATO Artificial Intelligence in Military Market: Regional Analysis
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