Global Artificial Intelligence & Robotics for Defense, Market & Technology Forecast Report 2021-2027
Published
Apr 08 2021 at 8:28 AM GMT
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- Dublin, April 08, 2021 (GLOBE NEWSWIRE) -- The "Global Artificial Intelligence & Robotics for Defense, Market & Technology Forecast to 2027" report has been added to ResearchAndMarkets com's offering.
- The Global Artificial Intelligence (AI) & Robotics in the Defense industry market, which is valued at US$39.22 billion in 2018, is projected to grow at a CAGR of 5 04%, to value US$61 billion by 2027.
- The cumulative market for global expenditure on AI & Robotics Defense Systems is valued at US$ 487 billion over the forecast period.
- Demand for AI & Robotics defense systems is anticipated to be driven by the massive investment made by countries like the US, China, Russia, Israel in the development of next-generation defense systems and the large scale procurement of such systems by countries like Saudi Arabia, India, Japan, and South Korea.
- The United States is the largest spender in the domain with China, India, Russia, Saudi Arabia, Japan, and South Korea anticipated accounting for the bulk of spending.
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- Published Apr 8, 2021 8:28 AM GMT