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AI technology projected to be worth $11 billion in military market by 2025 - News

March 25, 2021

NETHERLANDS. The report "Artificial Intelligence in Military Market", is estimated at $6.3 billion in 2020 and is projected to reach $11.6 billion by 2025, at a CAGR of 13.1% during the forecast period, according to an ASD Reports study. An increase in funding from military research agencies and a rise in research and development activities to develop advanced artificial intelligence (AI) systems are projected to drive the increased adoption of AI systems in the military sector.