openPR Logo
Press release

Virtual Training and Simulation Market : Industry Survey Report, Challenges, Trend and Growth

03-14-2017 12:02 PM CET | IT, New Media & Software

Press release from: TMR Research

Virtual Training and Simulation Market : Industry Survey

Global Virtual Training and Simulation Market: Snapshot

The use of virtual training and simulation is gaining increased attention in a number of application areas, one of the notable being training autonomous drones, robots, or gadgets that move on their own. Testing or training drones, robots, and other self-navigating devices in a virtual scenario is gaining increased popularity from manufacturers and researchers owing to the vastly affordable nature of simulated training. Manual testing or training of these devices is either impossible due to several regulatory restrictions, highly expensive when possible, and extremely resource-intensive.

As such devices become common in the present-day, highly digitized world, ways of making their operations accurate are always sought. One of the key areas of training self-navigating devices is to program these device to distinguish between things like solid objects and shadows and dark-colored walls. Training devices in these areas with the help of simulation software or in virtual settings could help researchers avoid some very expensive failures.

Request a Brochure of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1112

The increased realization of this promising area of application has compelled many companies to come up with virtual training and simulation software specifically suiting self-navigating devices. Recently, Microsoft introduced a beta version of an advanced virtual reality program for autonomous drones and other varieties of self-navigating devices.

The program could help self-navigating devices to learn to be more comfortable and accurate while navigating through real-world situations, without actually risking real world objects while learning to do so. Looking at the large number of self-navigating devices being put to use in industries and the public sector, this area of application could open up vast growth opportunities for players in the virtual training and simulation market in the near future.

Request for TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1112

Global Virtual Training and Simulation Market: Overview

Virtual training and simulation products are finding an increasing number of applications across a number of industries and the market is expected to expand at a promising pace over the period between 2017 and 2025. The increased use for simulating real-life environments/situations in industries such as defense and aviation, mining, and oil and gas for training employees to deal with potentially risky or complex situations that may occur in real world is boosting the demand for virtual training and simulation products and solutions.

This report on the global virtual training and simulation market presents a thorough overview of the present growth dynamics and the future growth prospects of the market over the period between 2017 and 2025. The report includes a detailed analytical overview of factors expected to impact the potential growth prospects of the market over the said period, including such as drivers, restraints, trends, opportunities, and regulatory scenario across key regional markets.

Read Complete Report @ https://www.tmrresearch.com/virtual-training-simulation-market

The report presents vast qualitative and quantitative insights regarding the growth potential of the various segments of the market on global, regional, and country levels. A market attractiveness analysis of the segments covered in the report across all the key regional markets examined is provided in the report.

Global Virtual Training and Simulation Market: Segmentation

The report segments the global virtual training and simulation market on the basis of criteria such as component, end-use industry, and geography.

The key components of a virtual training and simulation solution are hardware and software. Of these, the hardware segment accounts for a dominant share in the revenue of the global market and is expected to lead with a sizeable margin over the report's forecast period as well. The high cost of devices supporting virtual reality and increased adoption across industries such as education, healthcare, and aviation primarily contribute to the excellent future growth prospects of the segment.

The key industries using virtual training and simulation solutions include education, healthcare, medical science, defense and aviation, mining, gaming, oil and gas, and transportation. Of these, the education sector is expected to emerge as the leading contributor of revenue to the global market. The continuously rising number of online courses and the increasing number of enrollments across developed as well as developing economies have significantly contributed to the rising demand for virtual training and simulation solutions in the industry. The defense and aviation sectors will also lead to an impressive demand for a variety of virtual training and simulation solutions in the next few years.

Global Virtual Training and Simulation Market: Geographical and Competitive Landscape

From a geographical perspective, the report examines the market for virtual training and simulation across regions such as Asia Pacific, North America, Europe, and Middle East and Africa. Of these, North America is presently the leading contributor of revenue to the global market and is expected to exhibit growth at an impressive growth over the next few years as well. Increasing use in the defense and aviation sectors will fuel the demand for virtual training and simulation products in the region. Asia Pacific, with its thriving e-learning industry, will also emerge as a leading market for virtual training and simulation solutions over the report's forecast period.

The report also presents detailed business profiles of some of the key companies contributing to the overall development of the virtual training and simulation market. Some of the market's leading vendors profiled in the report are Kratos Defense & Security Solutions, Inc., Cubic Corporation., L-3 Link Simulation & Training, QinetiQ Group plc., BAE Systems, SAAB Training USA LLC, ANSYS, Inc., and Lockheed Martin.

About TMR Research

TMR Research is a premier provider of customized market research and consulting ser-vices to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

Rohit Bhisey
Head - Internet Marketing
Tel: +1-518-618-1030
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Virtual Training and Simulation Market : Industry Survey Report, Challenges, Trend and Growth here

News-ID: 467273 • Views:

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - 2031
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2021 to 2031.
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Growing Regions like North America, Europe and Asia Pacific.
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Training

Skills Training Group - Now Delivering First Aid Training
Skills Training Group, an award-winning training provider with training centres in Paisley & Dalgety Bay, Fife are now fully accredited to deliver first aid training courses. They are already the market leader for heating, plumbing & electrical courses in Scotland, working with many of the UK's largest and reputable sector employers. First aid training now marks a new, exciting chapter for the company. Mark McShane, Managing Director at Skills Training Group said,
Java Online Training, Corporate Training from Hyderabad India
Hi, Greetings of the day. We, Ecorp Trainings are one of the best institute providing quality level of training for corporates & E-learning for individuals. We offer instructor led online training in u'r comfortable timings. We also arrange corporate trainings if group of people are interested in same technology. We provide training for almost all IT technologies, contact us if you have any particular need. Thanks a bunch in advance for accepting
Training programme OPTIMAL training academy 2017
OPTIMAL AG & Co. KG’s current training programme can be ordered from OPTIMAL as a brochure in both German and English and has been available to download from OPTIMAL’s website since January 2017. OPTIMAL AG & Co. KG offers practical training, sessions on technical principles, and seminars providing the latest product news and examples of products from our wheel bearing, chassis, brake, water pump, belt drive, engine control, and wheel
Soft Skills Training & Leadership Training in Bangalore
MARG, a renowned training firm in Bangalore, has been providing corporate training in soft skills, language skills, finance training and more since the past 9 years. Offering the finest soft skills training in Bangalore, and coaching for leadership skills, presentation skills, and managerial skills, this place is definitely your navigator to success. By imparting skills and initiating behaviour change that enables people to reach the next level of performance, MARG
HGV/LGV Training Known for Arranging Driver CPC Training
HGV/LGV training arranges Driver CPC training for new as well as experienced drivers. 11 April 2011: HGV/LGV training, one of the leading and esteemed online portal promising to avail best training resource and advice, manages driver CPC training to hone up the skills of new and existing HGV drivers. The portal is pondered as the perfect place as it has access to a number of approved, independent HGV, ADR and driver
Core Training and Specialist Training Recruitment Process Draws Near
London, United Kingdom (26 November 2010) – The application deadline for Core Training (CT) and Specialist Training (ST) vacancies in 2011 is fast approaching, and as the country’s leading provider of medical interview courses, ISC (Interview Skills Consulting) Medical are offering a range of application solutions designed to vastly improve medical school applicants’ chances of success. ISC Medical have built a solid reputation for delivering high quality medical interview preparation