NEW YORK: NEW YORK, Jan. 21, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global defense IT spending market size is estimated to grow by USD 26.01 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.7% during the forecast period. Development of autonomous systems is driving market growth, with a trend towards adoption of artificial intelligence (AI) and machine learning (ML). However, issues related to digital sovereignty poses a challenge. Key market players include Accenture PLC, Amazon.com Inc., BAE Systems Plc, CRON AI, Cubic Corp., CyAmast Pty Ltd., Dell Technologies Inc., General Dynamics Corp., Hewlett Packard Enterprise Co., Holo Light GmbH, International Business Machines Corp., Kratos Defense and Security Solutions Inc., Leidos Holdings Inc., ManTech International Corp., Microsoft Corp, Northrop Grumman Corp., Oracle Corp, Palantir Technologies Inc., Pennant International Group PLC, and Science Applications International Corp. Inc.