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Artificial Intelligence in Military Market

Russia and NATO Artificial Intelligence in Military Market Worth USD 18,649 Million By 2027

Posted on October 27, 2021 By Milind Khangan

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.

The report covers a forecast and an analysis of Russia and NATO artificial intelligence in military market. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of Russia and NATO artificial intelligence in military market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in Russia and NATO artificial intelligence in military market.

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In order to give the users of this report a comprehensive view of the Russia and NATOartificial intelligence in military market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market.

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The study provides a decisive view of Russia and NATO artificial intelligence in military market by segmenting it based on application, platform, offering, technology, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes the current and forecast demand for NATO and Russia.

The major growth driver of Russia and NATO artificial intelligence in military market is the growing big data analytics, which is fuelled by the rising information processing demand. 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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The application segment of the market is divided into warfare and invasive, cybersecurity, logistics and transportation, threat monitoring and situational awareness, information processing, battlefield healthcare, simulation and training, target recognition, and others. By platform, the market is categorized into land, space, airborne, and naval. On the basis of offering, the market comprises hardware, services, and software. Based on technology, the market includes AI systems, advanced computing, and learning and intelligence.

Browse detail report with in-depth TOC @ Global Artificial Intelligence in Military Market, 2021-2026

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Milind Khangan
Milind Khangan
VIRTUAL STRATEGY MAGAZINE Tags:Artificial Intelligence in Military Market

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