Europe Virtual Training & Simulation Market to reach a market size of $79.7 bn by 2022

According to a new report Europe Virtual Training & Simulation Market (2016-2022), published by KBV Research, the Europe Virtual Training & Simulation market is expected to attain a market size of $79.7 billion by 2022, growing at a CAGR of 16.1% during the forecast period. The growth would be attributed to factors such as supportive government initiatives, increased spending on e-learning, and rise in adoption of game-based learning solutions.

The Hardware market dominated the Europe Virtual Training and Simulation Market by Component in 2015, and would continue to be a dominant market till 2022. The Software market is expected to witness a CAGR of 21.2% during (2016 - 2022).

The Entertainment market dominated the Europe Virtual Training and Simulation Market by End User in 2015, and would continue to be a dominant market till 2022. The Air-Borne market dominated the Europe Defence and Security Virtual Training and Simulation Market by Type in 2015, growing at a CAGR of 12.6% during the forecast period.

Europe Virtual Training and Simulation Market Revenue Share by Country, 2012 - 2022 (in USD Million)

The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across countries in Europe region. The key influencing factors of the Europe Virtual Training & Simulation market have been discussed in the report along with the elaborated company profiles of BAE Systems, CAE Inc., L-3 Link Simulation & Training, Cubic Corporation., ON24, Inc., QinetiQ Group plc. , ANSYS, Inc. and Kratos Defense & Security Solutions, Inc.

 Europe Virtual Training and Simulation Market Revenue Trend by Country, 2013 - 2022 (in %)

Full report: https://www.kbvresearch.com/europe-virtual-training-and-simulation-market/

Segmentation

Europe Virtual Training & Simulation Market  By Component Type

• Hardware
• Software

Europe Virtual Training & Simulation Market By End User Type

• Defence and security
  • Air-Borne
  • Naval
  • Ground
• Civil aviation
• Education
  • e-Learning
  • Game-based Learning
• Entertainment
• Others

Europe Virtual Training & Simulation Market By Country

• Germany Virtual Training & Simulation Market
• UK Virtual Training & Simulation Market
• France Virtual Training & Simulation Market
• Russia Virtual Training & Simulation Market
• Spain Virtual Training & Simulation Market
• Italy Virtual Training & Simulation Market
• Rest of Europe Virtual Training & Simulation Market

Companies Profiled

• BAE Systems
• CAE Inc.
• L-3 Link Simulation & Training
• Cubic Corporation.
• ON24, Inc.
• QinetiQ Group plc
• ANSYS, Inc
• Kratos Defense & Security Solutions, Inc.

Unique Offerings from KBV Research

• Exhaustive coverage of Europe Virtual Training & Simulation Market
• Highest number of market tables and figures
• Unique  Market Research & Analytics Tool  to provide instant comparative analysis within the report
• Subscription based model available
• Free of cost quarterly updates
• Guaranteed best price
• Assured post sales research support with 10% customization free

Related Reports:

Global Virtual Training & Simulation Market (2016-2022)

North America Virtual Training & Simulation Market (2016-2022)

Asia Pacific Virtual Training & Simulation Market (2016-2022)

LAMEA Virtual Training & Simulation Market (2016-2022)