The global police and military simulation training market is expected to post a CAGR of over 4% during the period 2018-2022, according to the latest market research report by Technavio.
A key factor driving the growth of the market is cost effective virtual training. Realtime training is expensive and involves many additional costs, whereas virtual training is highly cost-effective. This feature of virtual or synthetic training is the primary driver for the growth of the global police and military simulation training market. Virtual training also minimizes the risks associated with real-time training, with respect to both personnel as well as equipment or devices involved. These positive attributes have forced the defense agencies to shift their focus on simulation and synthetic training methodology.
This market research report on the global police and military simulation training market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
In this report, Technavio highlights 3D simulation provisions for training as one of the key emerging trends in the global police and military simulation training market:
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
Global police and military simulation training market: 3D simulation provisions for training
3D simulation training covers training areas such as basic take-off and landing, in-flight operations, and problem resolution protocols. This type of simulation model uses real-time data from previously generated flights and provides real-time situational awareness. It offers a fully functional 3D virtual environment in which the aircraft is operational and will feature all the necessary details such as natural terrain, lighting conditions, photo textures, urban areas, roads, railroad network, airports, and real geological features and terrain database. The operator will also receive provisions of real-time videos to provide payload output both in infrared and visual modes. The video displayed is linked to the actual video station in order to provide real-world experience.
Apart from 3D simulation provisions for training, Education via STE is another trending factor that is driving the growth of the market. STE can replicate complex operating environments and enables training and team building in complex scenarios like megacities which are critical to adapt. STE works as a single system to emphasize the cognitive, physical, and social elements and enhances live training via integrating augmented reality using cloud technologies and geospatial databases. This system also helps in providing a common objective picture to the commander and enables mission operation among military divisions, says a senior analyst at Technavio for research on IT professional services.
Global police and military simulation training market: Segmentation analysis
This market research report segments the global police and military simulation training market by product (flight, maritime, combat) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2017 with a market share of over 40%, followed by EMEA and APAC respectively. However, during the forecast period, the EMEA region is expected to post the highest incremental growth followed by the APAC region.
Looking for more information on this market? Request a free sample report
Technavios sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].