The Business Research Company analyzes recent defense budgets and cybersecurity drivers, projecting global military AI market growth from $11.25 bn in 2025 to $19.74 bn by 2029 using detailed CAGR estimates and regional forecasts.
Key points
- Global market rises from $9.67 B in 2024 to $11.25 B in 2025 at 16.4% CAGR
- Forecasted to reach $19.74 B by 2029 at 15.1% CAGR driven by budgets, R&D, and tensions
- Segmented by offering, technology, platform, installation, and application with regional dominance in North America
Why it matters: Understanding the military AI market’s trajectory informs defense strategy and investment decisions, highlighting AI’s strategic role in future conflicts.
Q&A
- What drives rapid military AI spending?
- What is CAGR and why is it important?
- How is the market segmented?
- Why is Asia-Pacific the fastest-growing region?