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), Platform (Airborne, Land, Space), Application, Installation Type, Region - Global Forecast to 2028."

NORTHBROOK, Ill. The defense electronics market -- estimated at $220.3 billion in 2023 -- is projected to reach $289. billion by 2028, growing at a combined annual growth rate (CAGR) of 5.6% during the forecast period, according to a new report by MarketsandMarkets, "Defense Electronics Market: Industry Forecast to 2028." 

NORTHBROOK, Ill. The soldier-system market is predicted to grow from $10.4 billion in 2022 to $12.8 billion by 2027, at a combined annual growth rate (CAGR) of 4.4% during the study period, according to a report from MarketsandMarkets, "Soldier Systems Market." 

NORTHBROOK, Ill. The digital-battlefield market, which totaled $43.2 billion in 2022, is slated to grow to $154.1 billion by 2030, according to a new report from MarketsandMarkets, "Digital Battlefield Market by Solution (Hardware, Software, Service) Platform (Airborne, Naval, Land, Space), Application, Technology (Artificial Intelligence, IOT, Big Data, 5G, Cloud Computing and Master Data Management) Region -- Global Forecast to 2030."

NORTHBROOK, Ill. The military radar market is projected to grow from its current $13.5 billion to $17.1 billion by 2027, at a compound annual growth rate (CAGR) of 4.7% during the forecast period, according to a new report by MarketsandMarkets, "Military radars market to 2027." 

NORTHBROOK, Ill. The tactical communications market, said to total $12.5 billion in 2022, is projected to reach $16.0 billion by 2027, at a combined anual growth rate (CAGR) of 4.95% during the study period, according to research from MarketsandMarkets, "Tactical Communication Market by Application (Command & Control, ISR, Communication, Combat), Platform (Ground, Airborne, Naval, Unmanned Systems), Type (Soldier Radios, Manpacks, VIC, HCDR), Frequency, Technology, Point of Sale, Region -- Forecast to 2027."

NORTHBROOK, Ill. The market for military wearables -- defined as smart electronic devices and equipment incorporated into a soldier’s clothing or worn on the body as implants or accessories -- is projected to grow from $3.1 billion in 2022 to $3.4 billion by 2027, at a combined annual growth rate (CAGR) of 1.8%, according to a new report by MarketsandMarkets, "Military Wearables Market."