According
to the new market research report "Immersive
Simulator Market by Simulation Environment (Console Operator, Field
Operator), Offering (Hardware, Software & Services), Application (Training,
Product Development, Emergency Services), Industry, and Geography - Global
Forecast to 2022", published by MarketsandMarkets, the market is
estimated to reach USD 11.44 Billion by 2022, at a
CAGR of 35.13% between 2016 and 2022.
Ask for PDF Brochure:
The growth
of this market is majorly driven by the increasing applications in the medical
industry, risk mitigation in oil and gas industries through training in
immersive simulator, and ability to transfer knowledge quickly through training
in immersive simulators.
"Immersive
simulator market in in medical and biotech industry to grow at the highest CAGR
between 2016 and 2022"
The
immersive simulator market for the medical and biotech industry is expected to
grow at the highest CAGR 2016 and 2022. Medical practices require a wide range
of cognitive and inter-professional skills to work in stressful environments.
The introduction of immersive simulators in intensive training would help the
surgeons to master techniques and achieve surgical expertise. Along with the
development of elementary skills, immersive virtual environments are being used
for training medical personnel to respond to medical emergencies.
"Software
and services to hold the largest share of the immersive simulator market for
offering"
The large
market share of the software and services of immersive simulators is attributed
to the increasing capital expenditure on smart manufacturing. Software enables
real-time communication in a faster and efficient way. The increasing
requirements for data analysis and performance tracking for accuracy and
efficient training in various verticals further drive the market growth.
"Asia-Pacific expected to dominate the immersive
simulator market between 2016 and 2022"
The immersive
simulator market in APAC held the largest market share in 2015 owing to the
huge demand for immersive simulators in metal and mining, oil and gas,
aerospace and defense, and medical and biotech industries. Australia has added the functional use of immersive
simulator in metal and mining industry, while China,
Japan, and India
have contributed to the market growth in the aerospace and defense as well as
medical and biotech industries.
Speak to Analyst:
The major
players in the immersive simulator market are Applied Research Associate Inc.,
(U.S.), Aveva Group Plc, (U.K.), ESI Group (France),
Immerse Learning, (U.S.), Schneider Electric SE (France),
and Siemens AG (Germany).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will impact 70% to 80% of worldwide
companies’ revenues. Currently servicing 7500 customers worldwide including 80%
of global Fortune 1000 companies as clients. Almost 75,000 top officers across
eight industries worldwide approach MarketsandMarkets™ for their painpoints
around revenues decisions.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
No comments:
Post a Comment