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Simulation Software Market Size Worth $33 9 Billion By 2028 | CAGR: 17 1%: Grand View Research, Inc

Share this article 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

Geospatial Analytics Market Is Fast Approaching, Says Research

Geospatial Analytics Market Is Fast Approaching, Says Research
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