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AI in military market will rise to $38.8 billion by 2028, study predicts

NORTHBROOK, Ill. The market for artificial intelligence (AI) used by the military, estimated at $9.2 billion in 2023, is projected to reach $38.8 billion by 2028 -- for a combined annual growth rate (CAGR) of 33.3% during the forecast period -- according to a new report from MarketsandMarkets, "Artificial Intelligence (AI) in Military Market by Offering (Software, Hardware, Services), Technology (Machine Learning, Natural Language Processing), Platfor...
Pixabay Gerd Altmann Offering Software Technology Machine Military Market Machine Learning Natural Language Processing

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