In this study, Frost & Sullivan overviews the United States (US) defense training and simulation industry, highlighting growth drivers, restraints, and opportunities. The study also provides a forecast with future spending estimates and insight into some notable programs. In addition, it analyzes current trends and identifies some companies to watch.
The US Department of Defense’s (DoD) budget for FY2024, approved by the US Congress, will be slightly affected by inflation, which will limit spending capacity for training and simulation technology. However, future investment in this area will be guaranteed by long-term programs and multi-year contracts.
Instead of investing in research and development projects to create products from scratch, the DoD frequently relies on readily available commercial training and simulation solutions. This approach allows it to accelerate procurement and delivery of these solutions to military forces.
However, the 2024 presidential election is likely to impact budget negotiations. Depending on which political party wins, defense spending may change, which, in turn, could create uncertainty within the defense training and simulation industry.
Key Questions This Study Will Answer
Analysis Factsheet
Analysis Factsheet (continued)
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the US Defense Training and Simulation Industry
Scope of Analysis
Definitions: Training Types
Definitions: Training Methodologies
Segmentation
Competitive Environment
Key Competitors
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Forecast Considerations
Forecast Considerations (continued)
Total Spending Forecast
Spending Forecast by Account Title
Spending Forecast by Service
Spending Forecast Analysis
Spending Forecast Analysis (continued)
Trend Analysis
Contract Award Share and Analysis
Contract Award Share and Analysis (continued)
Companies to Watch
Growth Metrics
Spending Forecast
Spending Forecast by Account Title
Spending Forecast Analysis
Competitive Environment
Notable Programs and Opportunities
Growth Metrics
Spending Forecast
Spending Forecast by Account Title
Spending Forecast Analysis
Competitive Environment
Notable Programs and Opportunities
Growth Metrics
Spending Forecast
Spending Forecast by Account Title
Spending Forecast Analysis
Competitive Environment
Notable Programs and Opportunities
Growth Metrics
Spending Forecast
Spending Forecast by Account Title
Spending Forecast Analysis
Competitive Environment
Notable Programs and Opportunities
Growth Opportunity 1: Signal and Network Modeling and Simulation—US Air Force
Growth Opportunity 1: Signal and Network Modeling and Simulation—US Air Force (continued)
Growth Opportunity 2: Digital Twins for Maintenance—US Navy
Growth Opportunity 2: Digital Twins for Maintenance—US Navy (continued)
Growth Opportunity 3: Training Tracker Cloud-based Platform—US Army
Growth Opportunity 3: Training Tracker Cloud-based Platform—US Army (continued)
Growth Opportunity 4: AI for Training and Simulation—Joint Agencies
Growth Opportunity 4: AI for Training and Simulation—Joint Agencies (continued)
Best Practices Recognition
Frost Radar
Benefits and Impacts of Growth Opportunities
Next Steps
Take the Next Step
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures- Defense Training and Simulation: Growth Metrics, US, FY2023
- Defense Training and Simulation: Growth Drivers, US, FY2024–FY2029
- Defense Training and Simulation: Growth Restraints, US, FY2024–FY2029
- Defense Training and Simulation: Total Spending Forecast, US, FY2023–FY2029
- Defense Training and Simulation: Spending Forecast by Account Title, US, FY2023–FY2029
- Defense Training and Simulation: Spending Forecast by Service, US, FY2023–FY2029
- Defense Training and Simulation: Spending by Account Title, US, FY2024
- Defense Training and Simulation: Spending by Organization, US, FY2024
- Defense Training and Simulation: Maximum Ceiling Contracts, US, FY2023
- Defense Training and Simulation: Obligations at the Time of Award, US, FY2023
- Air Force: Growth Metrics, US, FY2023
- Air Force: Spending Forecast, US, FY2023–FY2029
- Air Force: Spending Forecast by Account Title, US, FY2023–FY2029
- Navy: Growth Metrics, US, FY2023
- Navy: Total Spending Forecast, US, FY2023–FY2029
- Navy: Spending Forecast by Account Title, US, FY2023–FY2029
- Army: Growth Metrics, US, FY2023
- Army: Spending Forecast, US, FY2023–FY2029
- Army: Spending Forecast by Account Title, US, FY2023–FY2029
- Joint Agencies: Growth Metrics, US, FY2023
- Joint Agencies: Spending Forecast, US, FY2023–FY2029
- Joint Agencies: Spending Forecast by Account Title, US, FY2023–FY2029
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In this study, Frost & Sullivan overviews the United States (US) defense training and simulation industry, highlighting growth drivers, restraints, and opportunities. The study also provides a forecast with future spending estimates and insight into some notable programs. In addition, it analyzes current trends and identifies some companies to watch.
The US Department of Defense s (DoD) budget for FY2024, approved by the US Congress, will be slightly affected by inflation, which will limit spending capacity for training and simulation technology. However, future investment in this area will be guaranteed by long-term programs and multi-year contracts.
Instead of investing in research and development projects to create products from scratch, the DoD frequently relies on readily available commercial training and simulation solutions. This approach allows it to accelerate procurement and delivery of these solutions to military forces.
However, the 2024 presidential election is likely to impact budget negotiations. Depending on which political party wins, defense spending may change, which, in turn, could create uncertainty within the defense training and simulation industry.
| Deliverable Type | Market Research |
|---|---|
| Author | Sol Ipuche |
| Industries | Aerospace, Defence and Security |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Us Defense Training Market |
| Keyword 2 | Defense Simulation Industry |
| Keyword 3 | Defense Industry Insights |
| List of Charts and Figures | Defense Training and Simulation: Growth Metrics, US, FY2023~ Defense Training and Simulation: Growth Drivers, US, FY2024–FY2029~ Defense Training and Simulation: Growth Restraints, US, FY2024–FY2029~ Defense Training and Simulation: Total Spending Forecast, US, FY2023–FY2029~ Defense Training and Simulation: Spending Forecast by Account Title, US, FY2023–FY2029~ Defense Training and Simulation: Spending Forecast by Service, US, FY2023–FY2029~ Defense Training and Simulation: Spending by Account Title, US, FY2024~ Defense Training and Simulation: Spending by Organization, US, FY2024~ Defense Training and Simulation: Maximum Ceiling Contracts, US, FY2023~ Defense Training and Simulation: Obligations at the Time of Award, US, FY2023~ Air Force: Growth Metrics, US, FY2023~ Air Force: Spending Forecast, US, FY2023–FY2029~ Air Force: Spending Forecast by Account Title, US, FY2023–FY2029~ Navy: Growth Metrics, US, FY2023~ Navy: Total Spending Forecast, US, FY2023–FY2029~ Navy: Spending Forecast by Account Title, US, FY2023–FY2029~ Army: Growth Metrics, US, FY2023~ Army: Spending Forecast, US, FY2023–FY2029~ Army: Spending Forecast by Account Title, US, FY2023–FY2029~ Joint Agencies: Growth Metrics, US, FY2023~ Joint Agencies: Spending Forecast, US, FY2023–FY2029~ Joint Agencies: Spending Forecast by Account Title, US, FY2023–FY2029~ |
| Podcast | No |
| Predecessor | K406-01-00-00-00 |
| WIP Number | K9C2-01-00-00-00 |
Growth Opportunities in the US Defense Training and Simulation Industry, 2024 2029
Growth Opportunities in the US Defense Training and Simulation Industry, 2024 2029
Commercial Technology Scaling and Long-term Contracts will Ensure Program Sustainability
RELEASE DATE
21-May-2024
21-May-2024
REGION
North America
North America
Deliverable Type
Market Research
Market Research
Research Code: K9C2-01-00-00-00
SKU: AE_2024_737
$4,950.00
In stock
SKU
AE_2024_737