According to Cognitive Market Research, The Global Military Simulators market size will grow at a compound annual growth rate (CAGR) of 5.90% from 2023 to 2030.
The demand for the military simulator market is rising due to the advanced technology platforms that enhance operational capabilities for military personnel, as well as the increase in territorial conflicts worldwide and the rise in defense expenditure.
Demand for ground simulation remains higher in the military simulator market.
The virtual training category held the highest military simulator market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific military simulator market will experience the strongest growth until 2030.
