Global Military Simulation and Virtual Training Market Research Report - Forecast till 2023

Published - Nov 2018 | Category - Aerospace and Defense | No. of Pages - 147 | Published By - Market Research Future

Global Military Simulation And Virtual Training Market Report Information by Application (Flight Simulation, Vehicle Simulation, Battlefield Simulation, Virtual Boot Camp), Platform (Airborne, Ground based, Naval), and Region – Global Forecast to 2023.

Military simulation and virtual training are an integral part of military operations. Military simulation and virtual training products are sought after by defense ministries, on a global scale, to provide training for service personnel in the air, naval, and land-based domains. Military simulations connected to combat operations, unmanned systems, medical treatment, and maintenance, allow virtual training to take place on different scenarios. These are expected to increase the market growth. The rise in popularity of operational readiness and diverse battlefield requirements in the military applications is expected to drive the market during the forecast period. However, there are some shortcomings in operating performance of the military simulation and virtual training, such as lack of incentives, lack of interoperability, and requirement of high fidelity regarding meeting customer needs restraining the market growth.

The defense ministries across countries are cutting down costs of military expenses, owing to reduced financial resources. Governments are downsizing militaries and cutting down on training budgets, due to which the military is focusing on optimizing solutions for training requirements, which is expected to offer opportunities for the military simulation and virtual training market expansion. Additionally, many countries are reorganizing their military forces, which is resulting in the growth of the military simulation and virtual training market.


 

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