PUBLISHER: TechNavio | PRODUCT CODE: 1915636
PUBLISHER: TechNavio | PRODUCT CODE: 1915636
The global AI in government and defense market is forecasted to grow by USD 22675.9 mn during 2024-2029, accelerating at a CAGR of 19.2% during the forecast period. The report on the global AI in government and defense market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by intensifying geopolitical competition and imperative for technological superiority, rapid advancements in AI and data analytics capabilities, increased government funding and supportive national AI strategies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 17.3% |
| CAGR | 19.2% |
| Incremental Value | $22675.9 mn |
Technavio's global AI in government and defense market is segmented as below:
By Component
By Technology
By Application
Geography
This study identifies the proliferation of domain-specific generative AI and large language models as one of the prime reasons driving the global AI in government and defense market growth during the next few years. Also, acceleration of AI at tactical edge for autonomous operations and ai as a dual-use tool in cybersecurity and information warfare will lead to sizable demand in the market.
The report on the global AI in government and defense market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global AI in government and defense market vendors that include Anduril Industries Inc., Anomali Inc., BAE Systems Plc, Darktrace Holdings Ltd., Epirus Inc., General Dynamics Corp., Helsing GmbH, IBM Corp., L3Harris Technologies Inc., Leidos Holdings Inc., Lockheed Martin Corp., Northrop Grumman Corp., NVIDIA Corp., Palantir Technologies Inc., Rafael Advanced Defense Ltd., RTX Corp., Shield AI, Thales Group. Also, the global AI in government and defense market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.