Military Simulation and Virtual Training Segmentation
The military simulation and virtual training market is segmented by application into ground, air and naval, out of which, the ground segment is estimated to hold the largest market share owing to the rise in procurement of land systems, such as combat training simulation systems, turret team training simulators and tactical training simulators, among others.
Our in-depth analysis of the global market includes the following segments
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of military simulation and virtual training is evaluated at USD 14.47 billion.
Military Simulation and Virtual Training Market size was over USD 13.9 billion in 2024 and is poised to exceed USD 25.57 billion by 2037, witnessing over 4.8% CAGR during the forecast period i.e., between 2025-2037.
North America industry is predicted to hold largest revenue share by 2037, on account of favorable government initiatives and the availability of advanced military infrastructure in the region.
The major players in the market are Northrop Grumman Corporation, Thales Group, Cubic Corporation, CAE Inc., Elbit Systems, Rockwell Collins Inc., BAE Systems, Bohemia Interactive Simulations, Lockheed Martin Corporation, L3 Link Training & Simulation, and others.
