The analysts forecast the global ballistic targeting system software market to grow at a CAGR of 4.25% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global ballistic targeting system software market. To calculate the market size, the report considers the revenue generated from the software deployed on:
PCs and laptops
A trend which is expected to impact the market positively is the integration of Bluetooth and wireless technologies. According to the report, a key growth driver is the advantages offered by the ballistic targeting software in boosting firearm performance. Firearm performance is increased by using ballistic targeting system software, as the user can compare the trajectory and other parameters and take an informed shot. With this software, a shooter can aim with predicted accuracy, especially in the case of a moving object. The mobile applications for ballistics calculation are available at low price starting at $2. Therefore, this solution is proving to be cost effective as well.
Further, the report states that one challenge that could restrict market growth is the decrease in the number of hunters. The major reason behind the decrease in the number of hunters is the lack of participation from the young generation and women.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Definitions of the words used in report
PART 05: Assumptions
PART 06: Introduction
PART 07: Market landscape
PART 08: Market segmentation by product
PART 09: Advantages and disadvantages of ballistic targeting system software