The global Loitering Munition Market was valued at USD 529.9 million in 2024 and is projected to grow from USD 576.2 million in 2025 to USD 815.3 million by 2029, at a CAGR of 9.0% during the forecast period. The market's expansion is driven by the integration of AI and advanced sensors, which enhance operational efficiency and precision in modern warfare scenarios. The demand is further fueled by defense modernization initiatives, the need for cost-effective solutions, and the increasing emphasis on precision strike capabilities.