The Global Cognitive Electronic Warfare System Market is Projected to Reach $928.4 million by 2028

14 May 2019

According to a new market intelligence report by BIS Research titled "Global Cognitive Electronic Warfare Market, Analysis and Forecast, 2023 - 2028", the global cognitive electronic warfare system market is estimated to report a revenue of $385.7 million in 2023 and is expected to cross $928.4 million by 2028, at a CAGR of 19.20% during the forecast period, 2023-2028.

Owing to the capability of detecting an unknown threat in a hostile environment with the help of machine learning algorithm and artificial intelligence, the demand for cognitive electronic warfare is expected to grow significantly. The cognitive electronic warfare system technology can aid the military forces to be a step ahead of its enemies in combat. The technology is anticipated to gain foothold in the market from 2023.

Owing to the countries, such as the U.S., Russia, and China, planning to enhance their strategies to implement artificial intelligence (AI) in the military, the cognitive electronic warfare system market is expected to witness a high growth rate during the forecast period.

 

Report Highlights:

  • Europe is expected to dominate the global cognitive electronic warfare system market in 2023 and is keenly focusing and investing in the research and development of AI for military.
  • During the forecast period from 2023 to 2028, the Asia-Pacific market is also likely to witness numerous growth opportunities.

To read the complete News report, visit - https://www.prnewswire.com/news-releases/the-global-cognitive-electronic-warfare-system-market-is-projected-to-reach-928-4-million-by-2028--300819342.html

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