Simulation Learning Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Simulation Learning Market By Component (Hardware, Software, Services), By Application (Defense & Security, Civil Aviation, Education, Entertainment, Healthcare & Medical Industry and Others), and Geography

 

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Report

Description

Simulation Learning Market size valued USD 8,486.3 million in 2021 and expected to reach USD 20,983.2 million by 2028, at a CAGR of 14.3% during the forecast period 2022-2028. With the help of technologies like digital twins, 3D printing, VR, and AR, the simulation software market is booming. Simulation is a computer-based model that is built on the principles of sciences such as physics and mathematics. This paradigm facilitates activities such as design, production optimization, solutions, and validation, among others. Additionally, this is proving to be a fantastic tool for a wide range of applications, including product engineering, research and development, and gamification. This report studies global simulation learning market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global simulation learning market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Key Developments:

In September 2019, University of Illinois at Chicago (UIC) has announced the opening of three health care simulation centers that facilitates more than 50,000 hours of hand-on learning for nearly 20,000 learners working or pursuing careers in the health sciences.

In July 2020, Ansal University has launched a hi-tech simulation laboratory for the training of students of its Sushant School of Health Science, in association with Yuva Healthcare Institute.

Simulation Learning Market

MARKET SUMMARY
-
14.3% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 14.3%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Simulation Learning Market

  • The report on global simulation learning market gives historical, current and future market sizes (US$ Mn) on the basis of type, application, and region.
  • simulation learning market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in simulation learning.
Key Players
  • Experiential Simulations
  • InfoPro Learning
  • Gaumard Scientific
  • Realityworks
  • Mentice
  • Innovative Learning Solutions
Simulation Learning Market Drivers And Restraints

The rising adoption to the advanced technologies in the simulation learning market. Increasing simulations in Higher education, medical services, and in various industries through advanced technology that includes the emergence of computer-based simulations. Simulations have been very common in corporate organizations, where they use most commonly to improve their business awareness and management skills. Furthermore, training simulations in workplace offers various benefits such as real-life experiences, knowledge retention, quantifiable training, reduced costs and time, and others. Moreover, simulation training provides a virtual environment in which new apps, methods, or tools are introduced in a space that mimics real-life use.


Asia-Pacific Got Significant Share

Simulation Learning Market

In 2019, Asia Pacific contributed highest revenue share followed by North America, and Europe in the global simulation learning market. Asia Pacific region is anticipated to grow with a significant CAGR over the forecast years owing to increased demand for simulation learning in higher education. Emergence of advanced technologies in simulation learning has created huge demand for Asia Pacific region where good number of higher education students use tablets and laptops coupled with increasing technology deployment in universities and colleges and high penetration of broadband services in the region are anticipated to drive the growth of the market over the forecast years

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The simulation learning market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Simulation Learning Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The simulation learning market is projected to expand at a CAGR of 14.3.% during the forecast period.

Experiential Simulations, InfoPro Learning, Gaumard Scientific, Realityworks, Mentice, Innovative Learning Solution

North America is the fastest-growing region for the simulation learning market


Report

Table Of Content

1. Executive Summary
2. Global Simulation Learning Market Introduction
2.1. Global Simulation Learning Market – Taxonomy
2.2. Global Simulation Learning Market –Definitions
2.2.1. By Component
2.2.2. By Application
3. Global Simulation Learning Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Simulation Learning Market Dynamic Factors – Impact Analysis
3.6. Global Simulation Learning Market – Competition Landscape
4. Global Simulation Learning Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Simulation Learning Market, By Component, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Hardware
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Software
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Services
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Simulation Learning Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Defense & Security
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Civil Aviation
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Education
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Entertainment
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Healthcare & Medical Industry
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Simulation Learning Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Simulation Learning Market – Opportunity Analysis Index, By Component, By Application, and Region, 2022 – 2028
8. North America Simulation Learning Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Hardware
8.1.2. Software
8.1.3. Services
8.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Defense & Security
8.2.2. Civil Aviation
8.2.3. Education
8.2.4. Entertainment
8.2.5. Healthcare & Medical Industry
8.2.6. Others
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Simulation Learning Market – Opportunity Analysis Index, By Component, By Application, and Country, 2022 – 2028
8.5. North America Simulation Learning Market Dynamics – Trends
9. Europe Simulation Learning Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Hardware
9.1.2. Software
9.1.3. Services
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Defense & Security
9.2.2. Civil Aviation
9.2.3. Education
9.2.4. Entertainment
9.2.5. Healthcare & Medical Industry
9.2.6. Others
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Simulation Learning Market – Opportunity Analysis Index, By Component, By Application, and Country, 2022 – 2028
9.5. Europe Simulation Learning Market Dynamics – Trends
10. Asia-Pacific Simulation Learning Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Hardware
10.1.2. Software
10.1.3. Services
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Defense & Security
10.2.2. Civil Aviation
10.2.3. Education
10.2.4. Entertainment
10.2.5. Healthcare & Medical Industry
10.2.6. Others
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Simulation Learning Market – Opportunity Analysis Index, By Component, By Application, and Country, 2022 – 2028
10.5. Asia-Pacific Simulation Learning Market Dynamics – Trends
11. Latin America Simulation Learning Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Hardware
11.1.2. Software
11.1.3. Services
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Defense & Security
11.2.2. Civil Aviation
11.2.3. Education
11.2.4. Entertainment
11.2.5. Healthcare & Medical Industry
11.2.6. Others
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Simulation Learning Market – Opportunity Analysis Index, By Component, By Application, and Country, 2022 – 2028
11.5. Latin America Simulation Learning Market Dynamics – Trends
12. Middle East and Africa Simulation Learning Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Hardware
12.1.2. Software
12.1.3. Services
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Defense & Security
12.2.2. Civil Aviation
12.2.3. Education
12.2.4. Entertainment
12.2.5. Healthcare & Medical Industry
12.2.6. Others
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Simulation Learning Market – Opportunity Analysis Index, By Component, By Application, and Country, 2022 – 2028
12.5. MEA Simulation Learning Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Forio
13.2.2. InfoPro Learning
13.2.3. McGraw-Hill
13.2.4. Pearson Education
13.2.5. Capsim Management Simulations, Inc.
13.2.6. SIMmersion
13.2.7. Gaumard Scientific
13.2.8. Indusgeeks Solutions Pvt. Ltd.
13.2.9. Innovative Learning Solutions
13.2.10. CAE Healthcare
14. Research Methodology
15. Key Assumptions and Acronyms

 


Report

Company Profile

  • Experiential Simulations
  • InfoPro Learning
  • Gaumard Scientific
  • Realityworks
  • Mentice
  • Innovative Learning Solutions
  • CapSim
  • Simtics
  • Indusgeeks Solutions
  • McGraw-Hill Education
  • Pearson Education
  • CAE Healthcare
  • ChainSim
  • Toolwire
  • Forio
  • Simmersion
  • McGraw-Hill
  • Capsim Management Simulations, Inc.
  • Indusgeeks Solutions Pvt. Ltd.

Description

Simulation Learning Market size valued USD 8,486.3 million in 2021 and expected to reach USD 20,983.2 million by 2028, at a CAGR of 14.3% during the forecast period 2022-2028. With the help of technologies like digital twins, 3D printing, VR, and AR, the simulation software market is booming. Simulation is a computer-based model that is built on the principles of sciences such as physics and mathematics. This paradigm facilitates activities such as design, production optimization, solutions, and validation, among others. Additionally, this is proving to be a fantastic tool for a wide range of applications, including product engineering, research and development, and gamification. This report studies global simulation learning market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global simulation learning market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Key Developments:

In September 2019, University of Illinois at Chicago (UIC) has announced the opening of three health care simulation centers that facilitates more than 50,000 hours of hand-on learning for nearly 20,000 learners working or pursuing careers in the health sciences.

In July 2020, Ansal University has launched a hi-tech simulation laboratory for the training of students of its Sushant School of Health Science, in association with Yuva Healthcare Institute.

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