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05 May 2015  |  North America  |  Market Research

DoD Training and Simulation Market

Expecting a Flat Market as the Industry Focuses on Providing Cost-efficient Proficiency Training through Blended Means

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As the Department of Defense’s discretionary spending levels off, the training and simulation market will remain relatively strong. As the services try to find the correct balance between live and simulated training, money will be spent on more immersive, virtual training to achieve an overall cost savings. Many issues such as networking standards ...

The global security market is poised to expand at a compound annual growth rate (CAGR) of 6.81% over 2018–2025. Cybersecurity is the most crucial technology segment that is projected to grow at a faster rate than the overall security market, achieving a CAGR of 9.20% over the same period. An inevitable need for advanced security solutions to contai...