Opportunities in Military Training and Simulation: Current and Future Market Trends

MOUNTAIN VIEW, Calif., Nov. 14, 2013 /PRNewswire/ -- As the U.S. remains deployed overseas, increased emphasis is placed on home station training. Maintaining readiness in the absence of active overseas deployment and consequent combat experience is paramount as U.S. forces continue to face the widest spectrum of threats in history. Therefore, employing the full potential of concepts and technologies embedded in simulations for training is critical in maintaining force readiness under conditions of reduced training outlays and home station training restrictions. 

"Despite recent fiscal constraint and budgetary uncertainly, training and simulation is one of the most dynamic and rapidly evolving markets witnessing dramatic growth over the past decade and continues as a large growth sector in  the global Aerospace and Defense industry," said Frost & Sullivan Aerospace and Defense Senior Industry Analyst Michael Blades. "Training and simulation is vital to education and military readiness, especially in light of reduced budgets. Those even remotely invested in the market need crucial insight to insure they acquire and incorporate the necessary technologies into their operational framework that are essential for success."

To evaluate the state of the industry, Blades participates in Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) 2013 (www.iitsec.org), taking place Dec. 2-5, 2013, in Orlando, Fla.  His presentation, "Current Department of Defense Training & Simulation Trends and Analysis," is on day three of the event during the Innovation Showcase and will provide a comprehensive analysis of the Department of Defense training and simulation market, highlighting vital trends and the future of the industry.

I/ITSEC brings together government, military, academic and research organizations from the U.S. and more than 70 nations, making it the world's largest and most comprehensive modeling, simulation and virtual reality conference and exhibition. At I/ITSEC, the frontiers of training and simulation are probed and expanded with a full-scope view. The conference will feature hundreds of cutting-edge research presentations, as well as a series of world-class special sessions.

The theme for 2013 is "Concepts and Technologies - Empowering an Agile Force." This all-inclusive three-day conference program covers a range of topics including the state of the industry, the challenges around critical defense operations, next generation technologies and interoperability solutions that remedy these issues.

The partnership with I/ITSEC is part of Frost & Sullivan's Aerospace and Defense Growth Partnership Service program.  For more information on Frost & Sullivan's offerings, please email Jennifer Carson, Corporate Communications at [email protected].

Connect with us on social media, including Twitter, Facebook, SlideShare, and LinkedIn, for the latest news and updates.

About IITSEC
The Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) promotes cooperation among the Armed Services, Industry, Academia and various Government agencies in pursuit of improved training and education programs, identification of common training issues, and development of multiservice programs. Initiated in 1966, the conference has evolved and expanded through increased participation by the Army, Air Force, Marine Corps, Coast Guard, and Industry. The organization leverage increased understanding of the enormous benefits of modeling and simulation across wide swaths of industry, technology and research.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Contact:
Jennifer Carson
Corporate Communications – North America
P: 210.247.2450
F: 210.348.1003
E: [email protected]

LinkedIn: Frost & Sullivan's Aerospace, Defence and Security Forum
Twitter: @Frost_Sullivan
Facebook: Frost & Sullivan

http://www.frost.com

SOURCE Frost & Sullivan