Artificial Intelligence
Live Fire Training System Market to Grow at a CAGR of 6.5% from 2021 to 2029; Straits Research
SAN FRANCISCO, Aug. 12, 2021 (GLOBE NEWSWIRE) — The global live fire training system market is expected to grow at a compound annual growth rate (CAGR) of 6.5% in the forecast period.
COVID-19 Impact on the live fire training system market
The shutdown of work, travel, public events, and academies, alongside quarantine measures, was alarming for global live fire training departments and security personnel. The rapidly growing misinformation being shared on social media is down-playing the seriousness of the event.
Various military training organizations and agencies across the world are offering a variety of web-based training programs. Key market players are providing free online courses during the national emergency. Google Hangouts and Zoom are being used to conduct local training sessions.
Pre-recorded training sessions are great for specific tasks or tactical training. Many organizations have taken a tactical pause in the physical meeting and hands-on training to ensure the health of recruits and determine the continued availability of training facilities and module instructors.
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Live Fire Training System Market By Offering
Based on offering, the system types segment of the global live fire training system market covers structural, physical and operational systems. Structural live fire training systems are expected to record significant growth during the forecast period.
The ventilation system of live fire training system is a critical component in the proper operation of indoor shooting ranges. Proper ventilation reduces shooters’ exposure to airborne lead particles and other combustion by-products. The ventilation systems consist of supply and exhaust air systems or exhaust ventilation system.
Safety control systems are installed to protect the shooters during range malfunction or emergencies. Such systems may include warning lights, alarm bells, and air-flow and filtration monitors.
Live Fire Training System Market By Deployment
Virtual simulation software is used to bridge the gap between classroom training and live exercises. Simulation software optimizes live fire training with a higher level of preparedness, a more effective response, and a greater probability of mitigating property damage. There is an unscripted and open-ended virtual reality simulator on physics-based technology with built-in artificial intelligence to provide trainees with an interactive and immersive atmosphere.
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Live Fire Training System Market By Region
In 2015, the EU Member States reported over USD 312 billion government expenditure on ‘public order and safety,’ which is equivalent to 1.8% of the EU’s GDP. This is relatively higher than the amount spent on other key activities, such as defense (1.4%), recreation, culture, and religion (1.0%), and environmental protection (0.8%). According to the European Defence Agency, an EU arm, 14 countries spent 20% or more of their defense budget on investment in 2018, up from 7 states in 2014, and 21 nations now dedicate more than 10% of the defense budget on investments.
Asia-Pacific is expected to observe significant government spending on the military and defense sector during the forecast period, with China in the lead, followed by India. In 2016, China began implementing major military modernization and organizational reforms, aimed at transforming the PLA to conduct joint operations and win regional conflicts. Increased investment by the region’s two key nations is expected to boost the region’s live fire training systems market in this end-user segment in the upcoming years.
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1 Introduction
1.1 Market Definition
1.2 Market Scope
2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources
3 Executive Summary
4 Market Overview
4.1 Report Segmentation & Scope
4.2 Value Chain Analysis: Live Fire Training System Market
4.2.1 Vendor Matrix
4.3 Key Market Trends
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Covid-19 Impact Analysis
4.5.1 Pre Covid-19 Market Scenario Analysis
4.5.2 Post Covid-19 Market Scenario Analysis
4.5.3 Measures Taken by Top Players
5 Offering Overview
5.1 Introduction
5.1.1 Market Size & Forecast (Value & Volume)
5.2 System Types
5.2.1 Market Size & Forecast (Value & Volume)
5.3 Simulation Software
5.3.1 Market Size & Forecast (Value & Volume)
5.4 Services
5.4.1 Market Size & Forecast (Value & Volume)
6 Deployment Overview
6.1 Introduction
6.1.1 Market Size & Forecast (Value & Volume)
6.2 Indoor
6.2.1 Market Size & Forecast (Value & Volume)
6.3 Outdoor
6.3.1 Market Size & Forecast (Value & Volume)
7 End-User Overview
7.1 Introduction
7.1.1 Market Size & Forecast (Value & Volume)
7.2 Military and Defense
7.2.1 Market Size & Forecast (Value & Volume)
7.3 Law Enforcement Agencies
7.3.1 Market Size & Forecast (Value & Volume)
7.4 Public Safety Agencies
7.4.1 Market Size & Forecast (Value & Volume)
7.5 Others
7.5.1 Market Size & Forecast (Value & Volume)
8 Regional Overview
8.1 North America
8.1.1 The U.S.
8.2.2 Canada
8.2 Latin America
8.2.1 Brazil
8.2.2 Mexico
8.2.3 Argentina
8.2.4 Rest of Latin America
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 The U.K.
8.3.4 Italy
8.3.5 Spain
8.3.6 Belgium
8.3.7 The Netherlands
8.3.8 The Rest of Europe
8.4 Asia-Pacific (APAC)
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Australia
8.4.5 South Korea
8.4.6 Malaysia
8.4.7 Rest of APAC
8.6 The Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 The UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Turkey
8.6.6 The Rest of the Middle East
9 Competitive Landscape — Manufacturers & Suppliers
9.1 Competition Dashboard
9.2 Market Share Analysis, 2020
9.3 Competition Dashboard
9.4 Key Developments
10 Company Profile
10.1 Drägerwerk AG and Co. KGaA
10.1.1 Business Overview
10.1.2 Financial Performance
10.1.3 Recent Developments
10.1.4 Product Portfolio
10.2 SAAB
10.2.1 Business Overview
10.2.2 Financial Performance
10.2.3 Recent Developments
10.2.4 Product Portfolio
10.3 InVeris Training Solutions
10.3.1 Business Overview
10.3.2 Financial Performance
10.3.3 Recent Developments
10.3.4 Product Portfolio
10.4 Theissen Training Systems GmbH
10.4.1 Business Overview
10.4.2 Financial Performance
10.4.3 Recent Developments
10.4.4 Product Portfolio
10.5 RUAG Group
10.5.1 Business Overview
10.5.2 Financial Performance
10.5.3 Recent Developments
10.5.4 Product Portfolio
10.6 Cubic Corporation
10.6.1 Business Overview
10.6.2 Financial Performance
10.6.3 Recent Developments
10.6.4 Product Portfolio
10.7 SmokeShield Pty Ltd
10.7.1 Business Overview
10.7.2 Financial Performance
10.7.3 Recent Developments
10.7.4 Product Portfolio
10.8 Fireblast Global
10.8.1 Business Overview
10.8.2 Financial Performance
10.8.3 Recent Developments
10.8.4 Product Portfolio
10.9 Strategic Operations, Inc.
10.9.1 Business Overview
10.9.2 Financial Performance
10.9.3 Recent Developments
10.9.4 Product Portfolio
10.10 QinetiQ
10.10.1 Business Overview
10.10.2 Financial Performance
10.10.3 Recent Developments
10.10.4 Product Portfolio
11 Conclusion & Recommendation
12 Acronyms & Abbreviations
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About Straits Research
StraitsResearch is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. StraitsResearch provides the actionable market research data specially designed and presented for decision making and ROI. Regardless of whether you’re looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches.
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Artificial Intelligence
Darwinbox named as a Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Cloud HCM Suites Report for Enterprises with 1,000+ Employees
DUBAI, UAE, June 17, 2024 /PRNewswire/ — Darwinbox, a global leader in cloud-based HCM solutions, today announced that it has been distinguished as a Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Cloud HCM Suites for 1,000+ Employee Enterprises.
The Gartner® Peer Insights™ Customers’ Choice distinction is based on feedback and ratings from end-user professionals with experience using the product or service. As of 31 January 2024, Darwinbox received an overall rating of 4.8 out of 5 stars across 141 reviews.
“We believe this distinction, for the third consecutive year, reflects our unwavering commitment to our customers and their success, as well as our dedication to excellence and innovation in the HCM space,” says Jayant Paleti, co-founder, Darwinbox.
Darwinbox has been named a Customers’ Choice for both Large Enterprise (1B – 10B USD) and Midsize Enterprise (50M – 1B USD) segments, showcasing its robust capabilities in handling large-scale operations and its widespread appeal across various business sizes. This recognition underscores the platform’s popularity, driven by its powerful configurability, intuitive design, and agility. An impressive 98% of customers rated Darwinbox 4-stars or higher, highlighting the overwhelming satisfaction with the product.
Furthermore, Darwinbox is recognized as the most customer-friendly enterprise-grade HCM solution globally. The platform distinguishes itself through its ease of implementation and integration, prompt vendor responses, and exceptional technical support, demonstrating Darwinbox’s dedication to quick service and client satisfaction. Notably, 94% of its customers have expressed their willingness to recommend Darwinbox, demonstrating its significant impact and reliability in the enterprise tech landscape.
“What I love is when we need support, the customer service is top-notch – always responsive, solution makers, and always helpful,” HR Business Partner, Media Industry
“Darwinbox has been able to cater to our needs given our diverse business structures and differences in processes,” HR Lead, Manufacturing Sector
Read more reviews
About Darwinbox:
Darwinbox is a leading SaaS-based HR technology platform, empowering organisations to automate HR processes and elevate the employee experience. Rated the highest globally among HCM players on Gartner’s customer review platform, Peer Insights, Darwinbox is trusted by 900+ global enterprises with more than 2.5 million employees spread across 116+ countries.
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Leverage Artificial Intelligence (AI) to easily find the perfect domain name for your business
ISLAMABAD, June 17, 2024 /PRNewswire/ — As you embark on your online journey, choosing the right domain name plays a vital role in establishing your web presence. It is often one of the earliest decisions you will make as an entrepreneur or small business owner.
GoDaddy is harnessing the power of AI to help entrepreneurs and small business owners find the right domain name for their business, themselves, or their organization. GoDaddy AI Domain Search tool is designed to deliver personalized domain suggestions tailored to each user’s unique needs. Having a catchy and memorable domain name for your business helps to enhance branding and provides increased visibility for a business on the internet.
By simply entering a business description or keywords, users receive creative and unique domain name choices that can align with their brand identity and vision. GoDaddy uses generative AI to provide users with personalized and brandable domain name suggestions based on their business description, idea, product, or service.
GoDaddy AI Domain Search can simplify the process of finding the perfect domain name for a business. When a user enters information describing their business, project, or idea, including such details as business name if already chosen, location or industry, within seconds the AI tool makes suggestions by creating a list of available domain names with different variations and domain name extensions tailored to your needs.
Finding a domain name for a business idea is important as the name chosen will be reflective of your brand for many years to come. Here are some tips for finding available domain names:
Use specific keywords that describe your business, your products and services, your location, and your industry.Use keywords that people would enter when searching for your products or services.Try using variations of a word you want in your domain name to get more options.Mix up keyword combinations that can describe your business.Your aim is to create a name that is memorable, easy to pronounce, and stands out in your industry.In a world driven by AI, GoDaddy AI Domain Search tool simplifies the process of finding the perfect domain name, enabling you to effortlessly brainstorm and explore creative ideas that align with your vision. Within seconds, you can receive a selection of available domains, empowering you to bring your idea to life.
To experience the power of GoDaddy AI Domain Search visit: www.godaddy.com/en-ph/domains/domain-name-generator
About GoDaddy
GoDaddy helps millions of entrepreneurs around the world start, grow and expand their businesses. People turn to GoDaddy to name their idea, create a professional Web site, attract customers, sell their products and services, and accept online payments. GoDaddy’s easy-to-use tools help micro-entrepreneurs manage everything in one place, and its experts are available to provide 24/7 assistance. For more information about the company, visit www.GoDaddy.com.
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Artificial Intelligence
Metz, in Partnership with AI TECH, Introduces Advanced Interactive Flat Panel to Middle East Market
SHENZHEN, China, June 17, 2024 /PRNewswire/ — METZ Display, a sub-brand of SKYWORTH and a provider of innovative interactive displays for education and business. The announcement of Artificial Intelligence Technologies LLC Dubai as the authorized exclusive distributor for the UAE market as well as the Oman, Qatar, and Bahrain markets marks a significant expansion for METZ Display. By partnering with a trusted distributor like Artificial Intelligence Technologies, METZ is strategically positioning itself to deliver its full range of smart education and smart conference room applications across these regions. This move not only strengthens METZ’s presence in the Middle East but also underscores its commitment to providing innovative interactive displays tailored for both educational and business environments.
Based on the 16 years of R&D and business experience in the IFPD market from SKYWORTH, METZ Display fully inherited its technology and has introduced several interactive displays in the education and business sectors that provide a highly immersive environment and user-friendly experience since 2022, such as the all-in-one LCD.
Mr. Summer Deng METZ Sales & Marketing Head of MEA, said: ” The IFPD market in MEA is expected to see rapid growth over the next couple of years. The partnership with Artificial Intelligence Technologies LLC, a business entity to promote AI & AV Products, Tools, and services in the United Arab Emirates & Middle East Region will take METZ Display to another new level. We are confident to further develop our quality products and service!”
METZ Display is expanding its reach into the UAE market through Artificial Intelligence Technologies LLC Dubai as its authorized distributor.
The introduction of the METZ K Pro Series, particularly the EDLA Certified collaborative display, in the MEA Region highlights their commitment to providing innovative interactive display solutions for both education and business sectors. This move could potentially enhance learning and collaboration experiences in the region.
Mr. Harold Fernandes, the Managing Director of Artificial Intelligence Technologies, seems quite enthusiastic about the partnership with METZ Display. His emphasis on the versatility of METZ’s portfolio, applicable across various sectors such as education and business, reflects a keen understanding of the market’s needs. By highlighting the engaging experiences offered by METZ Display products, he’s underlining the potential benefits for resellers and end-users alike. This partnership seems poised to bring innovative solutions to the UAE market.
About METZ Display
With Skyworth, one of the world’s largest TV companies, and Metz, one of the oldest German manufacturers, METZ Display creates high-quality educational and business applications that make state-of-the-art screen technology available to everyone by combining their strengths and 80 years of experience.
About Artificial Intelligence Technologies LLC
Artificial Intelligence Technologies LLC, Is established as a business entity to promote AI & AV Products, and complete AV Solution, Tools & Services in the United Arab Emirates & Middle East Region. Visit the website at https://ai-tech.ai/
Phone: +971 4299 0544Email: [email protected]: www.ai-tech.ai
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