Generative Artificial Intelligence In Defense Market Report 2024 – Generative Artificial Intelligence In Defense Market Size, Share And Trends | Microsoft Corporation, Amazon Web Services (AWS), RTX Corporation

The generative artificial intelligence in defense market size is expected to see exponential growth in the next few years. It will grow to $1.66 billion in 2028 at a compound annual growth rate (CAGR) of 23.6%. The growth in the forecast period can be attributed to increasing defense budgets, the need for enhanced surveillance and reconnaissance, the demand for autonomous systems, strategic military planning and simulation, and enhancements in data analytics capabilities. Major trends in the forecast period include advanced threat detection, AI-driven simulation and training, automated decision support systems, advanced data fusion and analysis, and AI-enhanced battlefield management.

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Scope Of Generative Artificial Intelligence In Defense Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Generative Artificial Intelligence In Defense Market Overview

Market Drivers –
The rising investments in defense innovation are expected to propel the growth of generative artificial intelligence in defense market going forward. Defense innovation refers to the development and implementation of advanced technologies and strategies to enhance military capabilities and national security. Defense innovation is driven by the need to enhance national security, maintain technological superiority, and address emerging threats in an increasingly complex global environment. Defense investments in generative artificial intelligence aim to enhance decision-making, automate complex tasks, and improve the efficiency and effectiveness of military operations. For instance, in November 2023, a report from the European Defense Agency, a Belgium-based intergovernmental organization, indicated a 5.9% rise in defense investment for 2022 compared to 2021, totaling €58 billion ($63 billion). Therefore, rising investments in defense innovation are driving the growth of the generative artificial intelligence in defense market.

Market Trends –
Major companies operating in the generative artificial intelligence in defense market are focusing on developing innovative solutions, such as generative artificial intelligence chatbots, to provide a platform for service members to explore and develop skills in generative AI, facilitating a better understanding of its applications. A generative artificial intelligence chatbot is an AI-driven tool that uses advanced algorithms to understand and generate human-like responses, assisting users with queries, tasks, or information. For instance, in June 2024, the United States Department of the Air Force (DAF), a US-based military department within the Department of Defense, and the Air Force Research Laboratory (AFRL), a US-based scientific research and development center, launched the non-classified internet protocol generative pre-training Transformer (NIPRGPT), an AI chatbot designed to interact like a human. This chatbot assists Airmen and Guardians with tasks such as communications, coding, and exploring new technologies securely. Its significance lies in enabling the Department of the Air Force to test and compare various AI models while ensuring that the tools are trained using Defense Department data and adhere to stringent security measures.

The generative artificial intelligence in defense market covered in this report is segmented –
1) By Components: Software, Services
2) By Deployment Mode: Cloud-Based, On-Premises
3) By Application: Target Recognition, Decision Support Systems, Autonomous Systems, Cybersecurity, Other Applications
4) By End-Users: Government Or Military, Defense Contractors, Research Institutions

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Regional Insights –
North America was the largest region in the generative artificial intelligence in defense market in 2023. The regions covered in the generative artificial intelligence in defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies –
Major companies operating in the generative artificial intelligence in defense market are Microsoft Corporation, Amazon Web Services (AWS), RTX Corporation, Lockheed Martin Corporation, International Business Machines Corporation (IBM), Cisco Systems, Oracle Corporation, General Dynamics Information Technology Inc., Northrop Grumman Corporation, Fujitsu Limited, Hewlett Packard Enterprise (HPE), Google Cloud, BAE System plc., Thales Group, L3 Technologies, Leidos Holdings Inc., Huntington Ingalls Industries, Science Applications International Corporation (SAIC), Palantir Technologies, AeroVironment, C3.AI inc.

Table of Contents
1. Executive Summary
2. Generative Artificial Intelligence In Defense Market Report Structure
3. Generative Artificial Intelligence In Defense Market Trends And Strategies
4. Generative Artificial Intelligence In Defense Market – Macro Economic Scenario
5. Generative Artificial Intelligence In Defense Market Size And Growth
…..
27. Generative Artificial Intelligence In Defense Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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