Simulation Software Market Worth $ 25 24 Billion, Globally, by 2028 at 14 36% CAGR: Verified Market Research™ prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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The global simulation software market size is expected to grow from an estimated value of USD 12.7 billion in 2020 to USD 26.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.2% from 2020 to 2026.
The simulation software market is driven by various factors, such as a reduction in production expenses and training costs, the use of advanced technologies for simulation and avoiding the production of faulty products to boost the growth of the simulation software market across the globe during the forecast period. However, complexities in integrating software and increasing data security concerns can hinder the growth.
Global Simulation Software Market Report 2021-2026 - Opportunities in High Spending on Simulation in pharmiweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pharmiweb.com Daily Mail and Mail on Sunday newspapers.
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SAN FRANCISCO, April 7, 2021 /PRNewswire/ The global simulation software market size is expected
to reach USD 33.9 billion by 2028, according to a new study by Grand View Research, Inc. The market is expected to expand
at a CAGR of 17.1% from 2021 to 2028. Simulation software is being used for training personnel. It is replacing the traditional real-time training techniques, which incurred huge investments annually for companies. The use of simulation for training purposes helps reduce training costs as companies need to make a one-time investment for software implementation.
Key suggestions from the report:
The market is being driven by reduced training costs for personnel in various industries and sectors such as automotive, defense, healthcare, and electrical
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PUNE, India, April 7, 2021 /PRNewswire/ Brandessence Market Research has published a new report title and According to Study Global Live Streaming Market is expected to grow with a CAGR of 26.9% over the forecast period
Complete Analysis of Live Streaming Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increased personalized content along with growing smartphone penetration & growing availability of affordable data plans globally are anticipated to drive the growth of Global Live Streaming Market.
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th 2021; DistroTV an independent, free streaming network for global audience announced that it has reached to 150 live streaming channels & makes it as largest FAST platform. DistroTV launched in 2019 operates under parent company DistroScale with diverse viewers from US, UK and Canada. The viewership quadrupled & total watch time multiplied 8 times in last 6 m