Virtual training is an advanced way of training and education in which the simulated virtual environment is created to teach new skills and test the capabilities of a trainee that can contribute to the learning process. Virtual training and simulation tools comprises of hardware and software. Hardware components include headsets, combat tools, hand-gloves, hearing aids, mannequins, gaming consoles, and others; while software components are programs or set of instructions that are used to perform the activities in the system. Virtual training and simulation training uses basic equipment and computer software to simulation model of real world scenario. During simulation-based training, the learner is taught to perform certain tasks or activities in various real-world scenarios so they will be better prepared for the event which will actually occur.
Numerous factors such as increase in awareness about virtual training and simulation among the industrial vertical and cost effectivity of the virtual training and simulation solution in training and education drives the market growth in Florida. Moreover, increase in simulation training expenditure among defense, healthcare, and education in Florida drives the growth of the virtual training and simulation solution market. However, lack of awareness and resistance toward adoption of virtual training and simulation solutions hinder the growth of the market. Furthermore, increase in use of advanced technology and need of improvement of training and education in the industry vertical such as mining, transportation and energy industry create lucrative opportunity in the market during the forecast period..
The Florida virtual training and simulation market is segmented on the basis of component and end user. By component, it is categorized hardware and software. Depending on end user, it is categorized into defense & security, civil aviation, education, entertainment, and others.
The market players operating in the virtual training and simulation market include ANSYS, Inc., Apex Officer, CAE Inc., Cubic Corporation, Kratos Defense & Security Solutions, Inc., Lockheed Martin Corporation, PaleBlue, Simigon, The DiSTI Corporation, and VirtaMed Inc.
Numerous factors such as increase in awareness about virtual training and simulation among the industrial vertical and cost effectivity of the virtual training and simulation solution in training and education drives the market growth in Florida. Moreover, increase in simulation training expenditure among defense, healthcare, and education in Florida drives the growth of the virtual training and simulation solution market. However, lack of awareness and resistance toward adoption of virtual training and simulation solutions hinder the growth of the market. Furthermore, increase in use of advanced technology and need of improvement of training and education in the industry vertical such as mining, transportation and energy industry create lucrative opportunity in the market during the forecast period..
The Florida virtual training and simulation market is segmented on the basis of component and end user. By component, it is categorized hardware and software. Depending on end user, it is categorized into defense & security, civil aviation, education, entertainment, and others.
The market players operating in the virtual training and simulation market include ANSYS, Inc., Apex Officer, CAE Inc., Cubic Corporation, Kratos Defense & Security Solutions, Inc., Lockheed Martin Corporation, PaleBlue, Simigon, The DiSTI Corporation, and VirtaMed Inc.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of Florida Virtual Training and Simulation market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the Florida Virtual Training and Simulation market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the Florida Virtual Training and Simulation market.
- The quantitative analysis of the market from 2020 to 2030 is provided to determine the Florida Virtual Training and Simulation market potential.
MARKET SEGMENTS
By Component
- Hardware
- Software
By End User
- Defense & Security
- Civil Aviation
- Education
- Entertainment
- Others
KEY MARKET PLAYERS PROFILED IN THE REPORT
- ANSYS, Inc.
- Apex Officer
- CAE Inc.
- Cubic Corporation
- Kratos Defense & Security Solutions, Inc.
- Lockheed Martin Corporation
- PaleBlue
- Simigon
- The DiSTI Corporation
- VirtaMed Inc.
Table of Contents
CHAPTER 1: INTRODUCTION1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. KEY MARKET PLAYERS
1.5. RESEARCH METHODOLOGY
1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. KEY FINDINGS
2.1.1. Top impacting factors
2.1.2. Top investment pockets
2.2. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FORCES SHAPING THE FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET
3.2.1. Moderate-to-high bargaining power of suppliers
3.2.2. Moderate-to-high bargaining power of buyers
3.2.3. Moderate-to-high threat of substitutes
3.2.4. Low-to-high threat of new entrants
3.2.5. Low-to-high competitive rivalry
3.3. VALUE CHAIN ANALYSIS
3.3.1. R&D
3.3.2. Component manufacturers
3.3.3. Assembly, programming, and testing
3.3.4. Marketing and sales
3.3.5. End user
3.3.6. After-sales services
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Increase in awareness about virtual training and simulation
3.4.1.2. Cost-effective benefits of virtual training and simulation solutions
3.4.1.3. Increase in defense, healthcare, and education expenditure
3.4.2. Restraints
3.4.2.1. Resistance to adopt the virtual training and simulation technology
3.4.3. Opportunities
3.4.3.1. Advancements in technology
3.4.3.2. Scope for improvements in other industries (mining, transportation, and energy)
3.5. INDUSTRY ROADMAP OF VIRTUAL TRAINING AND SIMULATION MARKET
3.6. COVID-19 IMPACT ANALYSIS ON VIRTUAL TRAINING AND SIMULATION MARKET
3.6.1. Impact on market size
3.6.2. Consumer trends, preferences, and budget impact
3.6.3. Regulatory framework
3.6.4. Economic impact
3.6.5. Key player strategies to tackle negative impact
3.6.6. Opportunity window
CHAPTER 4: VIRTUAL TRAINING AND SIMULATION MARKET, BY COMPONENT
4.1. OVERVIEW
4.2. HARDWARE
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. SOFTWARE
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
CHAPTER 5: VIRTUAL TRAINING AND SIMULATION MARKET, BY END USER
5.1. OVERVIEW
5.2. DEFENSE & SECURITY
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. CIVIL AVIATION
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.4. EDUCATION
5.4.1. Key market trends, growth factors, and opportunities.
5.4.1.1. E-Learning
5.4.1.1.1. Key market trends, growth factors, and opportunities
5.4.1.2. Game-based learning
5.4.1.2.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.5. ENTERTAINMENT
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.6. OTHERS
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast
CHAPTER 6: COMPETITIVE LANDSCAPE
6.1. KEY PLAYERS POSITIONING ANALYSIS, 2020
6.2. TOP WINNING STRATEGIES
6.3. COMPETITIVE DASHBOARD
CHAPTER 7: COMPANY PROFILE
7.1. ANSYS, INC.
7.1.1. Company overview
7.1.2. Key executives
7.1.3. Company snapshot
7.1.4. Product portfolio
7.1.5. R&D expenditure
7.1.6. Business performance
7.1.7. Key strategic moves and developments
7.2. APEX OFFICER
7.2.1. Company overview
7.2.2. Key executives
7.2.3. Company snapshot
7.2.4. Product portfolio
7.2.5. Key strategic moves and developments
7.3. CAE INC.
7.3.1. Company overview
7.3.2. Key executive
7.3.3. Company snapshot
7.3.4. Product portfolio
7.3.5. R&D expenditure
7.3.6. Business performance
7.3.7. Key strategic moves and developments
7.4. CUBIC CORPORATION
7.4.1. Company overview
7.4.2. Key executive
7.4.3. Company snapshot
7.4.4. Product portfolio
7.4.5. Key strategic moves and developments
7.5. KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
7.5.1. Company overview
7.5.2. Key executives
7.5.3. Company snapshot
7.5.4. Operating business segments
7.5.5. Product portfolio
7.5.6. R&D expenditure
7.5.7. Business performance
7.5.8. Key strategic moves and developments
7.6. LOCKHEED MARTIN CORPORATION
7.6.1. Company overview
7.6.2. Key executives
7.6.3. Company snapshot
7.6.4. Operating business segments
7.6.5. Product portfolio
7.6.6. R&D expenditure
7.6.7. Business performance
7.6.8. Key strategic moves and developments
7.7. PALEBLUE
7.7.1. Company overview
7.7.2. Key executives
7.7.3. Company snapshot
7.7.4. Product portfolio
7.7.5. Key strategic moves and developments
7.8. SIMIGON
7.8.1. Company overview
7.8.2. Key executives
7.8.3. Company snapshot
7.8.4. Product portfolio
7.8.5. R&D expenditure
7.8.6. Business performance
7.9. THE DISTI CORPORATION
7.9.1. Company overview
7.9.2. Key executives
7.9.3. Company snapshot
7.9.4. Product portfolio
7.9.5. Key strategic moves and developments
7.10. VIRTAMED INC.
7.10.1. Company overview
7.10.2. Key executives
7.10.3. Company snapshot
7.10.4. Product portfolio
7.10.5. Key strategic moves and developmentsLIST OF TABLES
TABLE 01. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET, BY COMPONENT, 2020-2030 ($BILLION)
TABLE 02. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE FOR HARDWARE, 2020-2030 ($BILLION)
TABLE 03. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE FOR SOFTWARE, 2020-2030 ($BILLION)
TABLE 04. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE, BY END USER, 2020-2030 ($BILLION)
TABLE 05. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE FOR DEFENSE & SECURITY, 2020-2030 ($BILLION)
TABLE 06. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE FOR CIVIL AVIATION, 2020-2030 ($BILLION)
TABLE 07. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE FOR EDUCATION, 2020-2030 ($BILLION)
TABLE 08. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE FOR ENTERTAINMENT, 2020-2030 ($BILLION)
TABLE 09. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE FOR OTHERS, 2020-2030 ($BILLION)
TABLE 10. ANSYS, INC.: KEY EXECUTIVES
TABLE 11. ANSYS INC.: COMPANY SNAPSHOT
TABLE 12. ANSYS INC.: PRODUCT PORTFOLIO
TABLE 13. APEX OFFICER.: KEY EXECUTIVES
TABLE 14. APEX OFFICER.: COMPANY SNAPSHOT
TABLE 15. APEX OFFICER.: PRODUCT PORTFOLIO
TABLE 16. CAE INC.: KEY EXECUTIVE
TABLE 17. CAE INC.: COMPANY SNAPSHOT
TABLE 18. CAE INC.: PRODUCT PORTFOLIO
TABLE 19. CUBIC CORPORATION: KEY EXECUTIVE
TABLE 20. CUBIC CORPORATION: COMPANY SNAPSHOT
TABLE 21. CUBIC CORPORATION: PRODUCT PORTFOLIO
TABLE 22. KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: KEY EXECUTIVES
TABLE 23. KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: COMPANY SNAPSHOT
TABLE 24. KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: OPERATING SEGMENTS
TABLE 25. KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: PRODUCT PORTFOLIO
TABLE 26. LOCKHEED MARTIN CORPORATION.: KEY EXECUTIVES
TABLE 27. LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
TABLE 28. LOCKHEED MARTIN CORPORATION: OPERATING SEGMENTS
TABLE 29. LOCKHEED MARTIN CORPORATION: PRODUCT PORTFOLIO
TABLE 30. PALEBLUE: KEY EXECUTIVES
TABLE 31. PALEBLUE: COMPANY SNAPSHOT
TABLE 32. PALEBLUE: PRODUCT PORTFOLIO
TABLE 33. SIMIGON: KEY EXECUTIVES
TABLE 34. SIMIGON: COMPANY SNAPSHOT
TABLE 35. SIMIGON: PRODUCT PORTFOLIO
TABLE 36. THE DISTI CORPORATION: KEY EXECUTIVES
TABLE 37. THE DISTI CORPORATION: COMPANY SNAPSHOT
TABLE 38. THE DISTI CORPORATION: PRODUCT PORTFOLIO
TABLE 39. VIRTAMED INC.: KEY EXECUTIVES
TABLE 40. VIRTAMED INC.: COMPANY SNAPSHOT
TABLE 41. VIRTAMED INC.: PRODUCT PORTFOLIOLIST OF FIGURES
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET, 2020-2030
FIGURE 03. TOP IMPACTING FACTORS
FIGURE 04. TOP PLAYERS OF THE FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET
FIGURE 05. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06. MODERATE-TO-HIGH BARGAINING POWER OF BUYER
FIGURE 07. MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 08. LOW-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 09. LOW-TO-HIGH COMPETITIVE RIVALRY
FIGURE 10. VALUE CHAIN ANALYSIS OF VIRTUAL TRAINING AND SIMULATION MARKET
FIGURE 11. MARKET DYNAMICS: FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET
FIGURE 12. INDUSTRY ROADMAP OF FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET
FIGURE 13. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET REVENUE, BY COMPONENT, 2020-2030 ($BILLION)
FIGURE 14. FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET, BY END USER, 2020-2030
FIGURE 15. KEY PLAYER POSITIONING ANALYSIS: FLORIDA VIRTUAL TRAINING AND SIMULATION MARKET
FIGURE 16. TOP WINNING STRATEGIES, BY YEAR, 2017-2021
FIGURE 17. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2021
FIGURE 18. TOP WINNING STRATEGIES, BY COMPANY, 2017-2020
FIGURE 19. COMPETITIVE DASHBOARD
FIGURE 20. COMPETITIVE DASHBOARD
FIGURE 21. COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 22. R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 23. ANSYS, INC.: REVENUE, 2018-2020 ($MILLION)
FIGURE 24. ANSYS, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 25. R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 26. CAE INC.: REVENUE, 2018-2020 ($MILLION)
FIGURE 27. CAE INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 28. R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 29. KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: REVENUE, 2018-2020 ($MILLION)
FIGURE 30. KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 31. R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 32. LOCKHEED MARTIN CORPORATION: 2018-2020 ($MILLION)
FIGURE 33. LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 34. LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 35. R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 36. SIMIGON: REVENUE, 2018-2020 ($MILLION)
FIGURE 37. SIMIGON: REVENUE SHARE BY REGION, 2020 (%)
Companies Mentioned
- ANSYS Inc.
- Apex Officer
- CAE Inc.
- Cubic Corporation
- Kratos Defense & Security Solutions Inc.
- Lockheed Martin Corporation
- PaleBlue
- Simigon
- The DiSTI Corporation
- VirtaMed Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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