blog image March, 2023
Charting the Skies of Innovation: Unveiling the AI Revolution in Aerospace and Defense

Artificial intelligence (AI) technologies are rapidly advancing, particularly in the aerospace and defense sectors. The United States and China are investing heavily in AI capabilities, with a significant impact on defense. Major defense companies are also enhancing their AI capabilities through organic growth and acquisitions. AI is being applied to various functions such as intelligence, surveillance, and reconnaissance (ISR), logistics, cyber operations, command and control, and drone swarms.

The 'AI in Aerospace and Defense' report provides an overview of the most crucial AI technologies in the industry, including machine learning, data science, conversational platforms, computer vision, AI chips, smart robots, and context-aware computing. The report examines the influence of AI on the defense sector, discussing challenges, case studies, AI timelines, and value chains.

The global AI platform revenue was valued at $28 billion in 2019 and is projected to achieve a compound annual growth rate (CAGR) of over 13% during 2019-2024. However, estimating the total spending on AI technology is challenging due to its integration into various applications and functions.

By leveraging the insights from this report, businesses can prioritize their investments in AI and identify areas of the value chain that offer the most potential. Benchmarking against industry peers helps gauge preparedness for AI adoption, while access to information on specialist AI vendors aids in sourcing potential partners.

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