According to a market report by Lucintel, the future of the global virtual training market looks promising with opportunities in the military, civil aviation, medical, and entertainment markets. The global virtual training market is expected to grow with a CAGR of 12.4% from 2025 to 2031. The major drivers for this market are the increasing demand for remote employee skill development, the rising adoption of VR AR training solutions, and growing focus on cost effective learning programs.A more than 150-page report to understand trends, opportunity and forecast in virtual training market to 2031 by type (hardware and software), application (military, civil aviation, medical, entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, software is expected to witness higher growth over the forecast period.
Within the application category, military is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
L-3 Link Simulation & Training, CAE, Boeing, Thales, FlightSafety, Airbus, Lockheed Martin, BAE Systems, Raytheon, Saab AB are the major suppliers in the virtual training market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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