Federal Contractor Guidance: Artificial Intelligence Market
Bloomberg Government federal market analysts dive into the artificial intelligence (AI) market for government contractors. AI has accounted for $8.4 billion of federal procurement over the last four full fiscal years, almost doubling spending from fiscal 2018 to fiscal 2022.
In fact, the Defense Department spent 64% of all unclassified AI contracting dollars since fiscal 2018 with the Department of Health and Human Services and NASA are the biggest civilian agency spenders in the market.
Looking ahead, what does widespread use of generative AI tools—like ChatGPT—and increasing sophistication of autonomous tech mean for the defense and civilian markets?
Strategically size and scope emerging markets with BGOV analysis to gain insight into:
- Market-wide contract spending (FY14–FY22)
- Spending by market subcategory
- Major vendors
- Top contracts
- Key solicitations
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Analysis Team Lead