Canada Artificial Intelligence In Military Market Size & Outlook
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Canada artificial intelligence in military market highlights
- The Canada artificial intelligence in military market generated a revenue of USD 567.5 million in 2024 and is expected to reach USD 1,002.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.1% from 2025 to 2030.
- In terms of segment, software was the largest revenue generating offering in 2024.
- Software is the most lucrative offering segment registering the fastest growth during the forecast period.
Artificial intelligence in military market data book summary
| Market revenue in 2024 | USD 567.5 million |
| Market revenue in 2030 | USD 1,002.1 million |
| Growth rate | 10.1% (CAGR from 2025 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | BAE Systems PLC, Charles River Analytics, International Business Machines Corp, L3Harris Technologies Inc, Lockheed Martin Corp, Northrop Grumman Corp, Rafael Advanced Defense Systems, Raytheon Technologies - Defense Training and Mission Critical Solutions business, SparkCognition Government Systems, Thales Group |
Other key industry trends
- In terms of revenue, Canada accounted for 6.1% of the global artificial intelligence in military market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. artificial intelligence in military market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,002.1 million by 2030.
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Artificial Intelligence In Military Market Scope
Artificial Intelligence In Military Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SparkCognition Government Systems | View profile | - | Austin, Texas, United States, North America | https://www.sparkcognition.com/government-systems/ |
| Rafael Advanced Defense Systems | View profile | 5001-10000 | Haifa, Hefa, Israel, Asia | http://www.rafael.co.il/Marketing/203-en/Marketing.aspx |
| Charles River Analytics | View profile | 101-250 | Cambridge, Massachusetts, United States, North America | http://www.cra.com |
| Raytheon Technologies - Defense Training and Mission Critical Solutions business | View profile | 10001+ | Waltham, Massachusetts, United States, North America | https://www.rtx.com/our-company/our-businesses/rmd |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| Northrop Grumman Corp | View profile | 101000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | https://www.northropgrumman.com |
| BAE Systems PLC | View profile | 99800 | 6 Carlton Gardens, Stirling Square, London, United Kingdom, SW1Y 5AD | https://www.baesystems.com |
| Lockheed Martin Corp | View profile | 122000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | https://www.lockheedmartin.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Canada artificial intelligence in military market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence in military market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 45.2% in 2024. Horizon Databook has segmented the Canada artificial intelligence in military market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada artificial intelligence in military market , including forecasts for subscribers. This country databook contains high-level insights into Canada artificial intelligence in military market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada artificial intelligence in military market size, by offering, 2018-2030 (US$M)
Canada Artificial Intelligence In Military Market Outlook Share, 2024 & 2030 (US$M)
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