Military Simulation And Virtual Training Market Scope, Drivers And Share Analysis – 2025

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What is Projected for the Military Simulation and Virtual Training Market Size and Growth rate?
The military simulation and virtual training market has grown impressively in recent years. The market size is expected to escalate from $12.18 billion in 2024 to $13.07 billion in 2025, progressing at a compound annual growth rate (CAGR) of 7.4%. Consistent military modernization efforts, the rise of virtual reality, cyber warfare training development, scenario-based training adoption, and use of artificial intelligence contributed significantly to the historic growth.
In the forecast period, the market is projected to expand to $17.08 billion in 2029 at a CAGR of 6.9%. Factors such as defense budgets and expenditure, modernization initiatives, geopolitical tensions, focus on realism and immersion, and cyber warfare preparedness are expected to stimulate growth. Furthermore, personalized learning, advancements in simulation technology, defense budget allocations, remote and distributed training, interoperability and integration will be the driving trends..
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Which Factors will be Driving the Growth of the Military Simulation and Virtual Training Market?
The forecasted growth in the military simulation and virtual training market can be largely attributed to an increase in territorial conflicts. Every year, numerous individuals receive military training to ensure national security. This practice involves the extensive use of military simulation and virtual training in various equipment training programs. This method not only saves time and effort, but it also reduces the technical wear on weapons and equipment. For example, the Armed Conflict Survey 2023 published by the UK-based research institute, International Institute for Strategic Studies (IISS), reported a 14% rise in fatalities and a 28% surge in events between May 2022 and June 2023. Such escalated territorial conflicts are fuelling the market demand for military simulation.
Which are the Predominant Segments of the Military Simulation and Virtual Training Market?
The military simulation and virtual training market is notably segregated into:
1) By Platform Type: Flight, Vehicle, Battlefield, Virtual Boot Camp
2) By Training Type: Gaming Solution, Virtual, Constructive, Live
3) By End-User: Air Force, Army, Navy, Medical
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Who are the Leading Players in the Military Simulation and Virtual Training Market?
Prominent entities operating in the military simulation and virtual training market consist of Northrop Grumman Corporation, Cubic Corporation, CAE Inc., RTX Corporation, Lockheed Martin Corporation, BAE Systems PLC, The Boeing Company, Saab AB, Thales Group, Rheinmetall AG, Raytheon Technologies Corporation, General Dynamics Information Technology Inc., Kratos Defense & Security Solutions Inc., L3Harris Technologies Inc., Elbit Systems Ltd., AAI Corporation, Barco NV, Fidelity Technologies Corporation, Meggitt Training Systems, Simthetiq Inc., Bohemia Interactive Simulations, Presagis Inc., Epic Games Inc., DiSTI Corporation, MAK Technologies Inc., Antycip Simulation Limited, SimCentric Technologies, QuantaDyn Corporation, ThoroughTec Simulation (Pty) Ltd., Leonardo S.p.A.
What are the Emerging Trends within the Military Simulation and Virtual Training Market?
Innovative platforms are the key trends underpinning the military simulation and virtual training market. Major market players are continuously focusing on system upgrades. For instance, in July 2024, PLEXSYS Interface Products, Inc., a US-based simulation and training solutions company, introduced Sonomarc 4.11. This new platform provides significant improvements for simulation and training, including real-time weather updates that affect RF propagation and virtual people integration for responsive voice recognition and interactive sessions over the radio.
Which Region Leads in the Military Simulation and Virtual Training Market?
In 2024, North America dominated the military simulation and virtual training market regionally. However, the following regions covered in the report are also expected to contribute significantly: Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Military Simulation And Virtual Training Market Report 2025 Offer?
The Military Simulation And Virtual Training Market research report provides comprehensive data on global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. It describes military simulation and virtual training as a practice of simulating the use of weapons and equipment through simulation technology to save time and effort as well as to minimise the technical wear on weapons and equipment.
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