The military simulation and virtual training market size was valued at $ 3.20 bn in 2020-2024. The market is expected to witness robust growth at a CAGR of 5 % during the forecast period 2020-2024. The market sizing has been built and validated using multiple demand-side and supply-side approaches for a detailed understanding of the military simulation and virtual training market.
The size of the global military simulation and virtual training market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as BAE Systems Plc, Bohemia Interactive Simulations ks, CAE Inc., and Fidelity Technologies BAE Systems Plc, Bohemia Interactive Simulations ks, CAE Inc., Fidelity Technologies Corp., Kratos Defense & Security Solutions Inc., L3 Technologies Inc., Lockheed Martin Corp., Saab AB, Thales Group, and United Technologies Corp..
