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The market dynamics of immersive technology in the military and defense sector have witnessed a significant evolution, shaping the way armed forces train, operate, and strategize. Immersive technologies, such as virtual reality (VR) and augmented reality (AR), are increasingly becoming integral components of military training programs. The use of VR ensures that military personnel receive training in scenarios resembling real combat and training occasions which are very life-like and hence being completely immersed, their mind-sets, decision making skills and combat readiness for real missions are greatly enhanced. As a result of this disconcerting effect, the military around the world gradually are faced with a major change in technological training.
The core stimulus of the global military and defense purchasership is the inevitable need for modernization and the application of these features to the rapidly changing notions of combat. Immersive technology is made up of virtual reality and other hardware and software products that can do things like build simulations or virtual worlds to show battlefield realism that soldiers train on to get ready and improve their skills in a secure and realistic environment. Therefore, this aptitude to plan that is vital when preparing soldiers for the unpredictable world filled with novel challenges they may encounter in the past. The integration of modern technologies into the training primarily leads to the increasing of demand for more realistic kinds of trainings.
Besides this, the involvement of these technologies in mission preparation and running plans is not less important. AR applications, and accurate as they are, bring to the table real-time Data overlay. Data stapled over the physical environment gives soldiers increased Situational awareness. With these, decision makers on the battlefield can now utilize critical information, for instance, maps, enemy positions and tactical data after the requisite information has been projected specially designed display and faces no obstructions. It is worth noting that mixed reality technology integration in military missions leads to a better communication, improves tactical coordination and the strategic planning is enhanced.
This field sees military and defense adopting virtual technology too to cut down the risk of actual accidents in training sessions and fields of combat operations. Computer-based simulations may be utilized by a military personnel and for support of high-risk scenarios without the exposure to harsh environments conditions of a real-world but hazardous environment. Additionally, hands-on practical training where you hardly sustain any injuries will save you more costs, but will also be a better training method that is easy to achieve. Moreover, this feature allows us to evaluate and debrief on those drills and develop both tactical and strategic faculties.
Despite that, the use of immersive technology in the military and defense industry poses a significant number of difficulties. As cyber- insecurity as well as the fact that antagonists can use immersion systems loopholes are the particular areas that deserve taking in hand. The military must balance the benefits of immersive technology with the need to safeguard sensitive information and maintain the integrity of their operations. Additionally, there are logistical challenges, such as the need for robust and field-deployable hardware, that must be addressed to ensure the seamless integration of immersive technology into military applications.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 7.06 Billion |
| Market Size Value In 2023 | USD 8.26 Billion |
| Growth Rate | 24.5% (2023-2032) |
Immersive Technology in Military & Defense Market Highlights:
Immersive Technology in Military & Defense Market Overview
Immersive technology in military & defense market size was valued at USD 7.06 Billion in 2022. The immersive technology in military & defense market is projected to grow from USD 8.26 Billion in 2023 to USD 59.37 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 24.5% during the forecast period (2023 - 2032). Enhancing safety, developing training and skills, remote operations and monitoring, and maintaining and repairing equipment, are the key market drivers enhancing the market growth.
Figure 1: Immersive Technology in Military & Defense Market Size, 2023-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Immersive Technology in Military & Defense Market Trends
Increasing digitalization and technological advancement is driving the market growth
In order to optimise many aspects of military operations, the military and defence sector is heavily adopting digital technologies, data analytics, and networked systems. This trend includes the use of real-time information and data analytics by the armed services to make informed strategic and tactical decisions. By facilitating data visualisation, immersive technology improves decision-making processes for military leaders by making difficult data more accessible and usable.The idea of network-centric warfare, where communication and coordination among military resources and troops are seamless and integrated, is promoted by digitalization. In this networked environment, immersive technologies like augmented reality (AR) and virtual reality (VR) are essential for ensuring that soldiers and commanders can access vital information and work together productively.Strong cybersecurity is crucial as military activities become more digitalized. The military is able to protect sensitive data and secure vital infrastructure thanks to the use of immersive technology for cybersecurity training and threat simulation.
Immersive technology has made significant technological progress in the Military & Defence sector. Soldiers can train in immersive settings that closely resemble real-world scenarios thanks to VR and mixed reality (MR) technologies' highly realistic training simulations. This raises training effectiveness while lowering dangers related to live training sessions.Combat helmet heads-up displays (HUDs) with integrated augmented reality (AR) provide soldiers with real-time data overlays, target information, and navigation support right in their line of sight. On the battlefield, this facilitates speedier, more informed decision-making and dramatically improves situational awareness.Remote control of autonomous systems, ground robotics, and unmanned aerial vehicles (UAVs) is made possible through immersive technology. By controlling these tools from secure places, soldiers can spend less time in hazardous situations.AR-based maintenance software reduces downtime and increases equipment reliability by giving step-by-step instructions for equipment repair and maintenance. Additionally, by streamlining supply chain procedures, AR simplifies logistics management.By building 3D simulations of the mission regions, immersive technology aids in mission planning and practise. In virtual environments, soldiers can work together to plan and visualise missions, identifying potential problems and their fixes before deployment. Thus, driving the Immersive Technology in Military & Defense Market revenue.
Immersive Technology in Military & Defense Market Segment Insights
Immersive Technology in Military & Defense market Component Insights
The global Immersive Technology in Military & Defense Market segmentation, based on component includes Hardware (Head-Mounted Display (HMD), Gesture Tracking Devices (GTD), Projectors & Display Walls (PDW)), Software/Platform, Services (Professional and Managed). The hardware segment dominated the market, accounting for 35% of market revenue Improved Training and Safety - HMDs give miners immersive training experiences that let them practise risky activities and emergency procedures in a risk-free virtual world, improving safety and reducing accidents.
Immersive Technology in Military & Defense market Technology Insights
The global Immersive Technology in Military & Defense Market segmentation, based on technology, includes Mixed Reality (MR), Virtual Reality (VR), Augmented Reality (AR) and 360 Film. The augmented reality (AR) category generated the most income (40%). The domination of this subsegment demonstrates how immersive technologies have a large positive impact on safety, training, equipment maintenance, and decision-making in the mining industry, which has led to their broad acceptance.
Immersive Technology in Military & Defense market Application Insights
The global Immersive Technology in Military & Defense Market segmentation, based on application, includes Training & Learning, Emergency Services, Product Development and Sales & Marketing. The emergency services category generated the most income (44.23%). The need to prepare miners and emergency responders for dangerous situations, like immersive simulations provide a platform for training emergency response teams to make quick and informed decisions during crises, potentially saving lives and minimising damage, is what drives the dominance of the Emergency Response Simulation subsegment within Emergency Services applications.
Figure 2: Immersive Technology in Military & Defense Market, by Technology, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Immersive Technology in Military & Defense market Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Immersive Technology in Military & Defense Market dominated this market in 2022 (45.80%). The United States is the leader of North America, which has a sizable defence budget and a keen interest in military innovation. The area has been a leader in implementing cutting-edge immersive technology for use in operations, simulation, and training. Further, the U.S. Immersive Technology in Military & Defense Market held the largest market share, and the Canada Immersive Technology in Military & Defense Market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: IMMERSIVE TECHNOLOGY IN MILITARY & DEFENSE MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Immersive Technology in Military & Defense Market accounts for the second-largest market share. European countries place a strong emphasis on cooperative defence projects, encouraging the deployment of immersive technology for cross-border collaboration and joint military training and exercises. Innovation is also stimulated by the European Union's investments in defence research. Further, the German Immersive Technology in Military & Defense Market held the largest market share, and the UK Immersive Technology in Military & Defense Market was the fastest growing market in the European region
The Asia-Pacific Immersive Technology in Military & Defense Market is expected to grow at the fastest CAGR from 2023 to 2032 The Asia-Pacific region's geopolitical conflicts influence military capability investment. Immersive technologies are being adopted by more and more countries in this region to improve military readiness, border security, and responsiveness to regional concerns. Moreover, China’s Immersive Technology in Military & Defense Market held the largest market share, and the Indian Immersive Technology in Military & Defense Market was the fastest growing market in the Asia-Pacific region.
Immersive Technology in Military & Defense market Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Immersive Technology in Military & Defense Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Immersive Technology in Military & Defense market industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Immersive Technology in Military & Defense market industry to benefit clients and increase the market sector. In recent years, the Immersive Technology in Military & Defense market industry has offered some of the most significant advantages to medicine. Major players in the Immersive Technology in Military & Defense Market, including Acer Inc., Atheer, Inc., AVEVA Group PLC, Barco NV, Blippar Ltd., Carl Zeiss AG, CM Labs Simulations Inc., EON Reality, Inc., FAAC Incorporated, Google, LLC, HCL Technologies Limited, Honeywell International, Inc., HTC Corporation, Immersive Media Company, Immersive Technologies Pty Limited, Lockheed Martin Corporation, Magic Leap, Inc., NCTech Limited, Oculus (Facebook Technologies, LLC.), Samsung Group, Sony Corporation, Unity Software Inc., Varjo Technologies Oy, VI-grade GmbH, Zeality Inc., are attempting to increase market demand by investing in research and development operations.
Acer Inc. has a major impact on the market for immersive technology in the Military & Defence industry, a leading global technology company. Acer provides cutting-edge immersive technology solutions suited for defence applications by using its expertise in hardware and computer solutions. Acer offers crucial hardware components that improve the functionality of virtual reality (VR) and augmented reality (AR) systems, such as high-performance processing systems, cutting-edge displays, and graphics solutions. Acer equips defence organisations to use immersive technology for training, mission planning, and situational awareness, enhancing the preparedness and effectiveness of armed personnel. Acer is dedicated to innovation and personalization.
Atheer, Inc. is a well-known participant in the Military & Defence sector for immersive technology. Atheer, a company that specialises in augmented reality (AR) solutions, provides cutting-edge technology that revolutionises how military forces function. Their AR platform greatly improves situational awareness and field decision-making by providing military personnel with real-time data, training, and maintenance support via smart glasses or wearable devices. The solutions from Atheer enable remote collaboration, simplify training, and enhance maintenance procedures, making them indispensable tools for defence organisations looking to boost operational effectiveness and preparedness.
Key Companies in the Immersive Technology in Military & Defense Market include
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Acer Inc.
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Atheer, Inc.
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Blippar Ltd.
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Carl Zeiss AG
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CM Labs Simulations Inc.
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EON Reality, Inc.
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FAAC Incorporated
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Google LLC
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HCL Technologies Limited
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Honeywell International, Inc.
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HTC Corporation
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Immersive Media Company
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Immersive Technologies Pty Limited
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Lockheed Martin Corporation
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Magic Leap Inc.
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NCTech Limited
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Oculus (Facebook Technologies, LLC.)
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Sony Corporation
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Unity Software Inc.
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Varjo Technologies Oy
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VI-grade GmbH
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Zeality Inc.
Immersive Technology in Military & Defense market Industry Developments
May 2021: A group of programmes that offer stereoscopic 3D experiences while bringing the digital world into a story in a fresh, natural way. Cutting-edge visual technologies, together with screen and sensing technology, are what power SpatialLabs. Due to the data floating in front of the display, creators can assess their ideas in real-time and at 360 ° without the need for special glasses.
March 2021: In order to help the architectural features, technology, and infrastructure sectors cut costs and increase efficiency, Harmony, a company that provides multiple 3D media planning and management solutions globally, has announced the acquisition of VisualLive.
Immersive Technology in Military & Defense Market Segmentation
Immersive Technology in Military & Defense market Component Outlook
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Hardware
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Head-Mounted Display (HMD)
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Gesture Tracking Devices (GTD)
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Projectors & Display Walls (PDW)
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Software/Platform
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Services
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Professional
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Managed
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Immersive Technology in Military & Defense market Technology Outlook
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Mixed Reality (MR)
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Virtual Reality (VR)
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Augmented Reality (AR)
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360 Film
Immersive Technology in Military & Defense market Application Outlook
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Training & Learning
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Emergency Services
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Product Development
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Sales & Marketing
Immersive Technology in Military & Defense market Regional Outlook
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North America
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U.S.
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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