The military simulation and virtual training market is set to rise from $12.18 billion in 2024 to $16.79 billion in 2029 at a CAGR of 6.6%. Key drivers include military modernization, geopolitical tensions, and technological advancements. The market is facing challenges due to global trade issues impacting costs and adoption rates.
The military simulation and virtual training market is set to rise from $12.18 billion in 2024 to $16.79 billion in 2029 at a CAGR of 6.6%. Key drivers include military modernization, geopolitical tensions, and technological advancements. The market is facing challenges due to global trade issues impacting costs and adoption rates.