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Huge Growth in Ballistic Targeting System Software Market was valued at US$ 18.97 Mn in 2018 and is anticipated to reach around US$ 27.75 Mn by 2027, growing at an estimated CAGR of 4.7% over the forecast period owing to increasing demand from military servicemen

Ballistic targeting systems help shooters in improving their accuracy by assessing the wind and climatic conditions, to offer accurate settings for their arms. These settings lead to enhanced results for shooters. Improved accuracy correlates to savings for ammunition and reduced wear and tear of the armament. These factors are important in combat conditions for military personnel who have to sustain harsh climatic conditions while maintaining optimum inventory. Hence, a ballistic targeting system software is an essential tool for shooters in search of a precise shot which is leading to Ballistic Targeting System Software Market. Military operatives have to change their positions according to the conditions of their team as well as of the insurgents. This leads to a requirement for dedicated systems which help shooters to recalibrate their aim. Targeting software also supports a wide range of weapons and ammunition in order to create an optimized route for the bullets. This route is then provided to the shooter in the form of aiming aids which help them to undertake accurate strikes. With changing positions of the personnel, mobile devices/systems which can help in efficient targeting prove to be the optimal solution for users.

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“The demand for ballistic targeting system software is expected to grow from personnel in the military. Increasing advancements in armament technology demands for improved targeting systems. This would fuel the demand for dedicated software that helps in ballistic targeting.”

The detailed research study provides qualitative and quantitative analysis of the global ballistic targeting system software market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue as well as sales volume across regions and further, across all the major countries. The supply side analysis covers regional production volume and capacity analysis. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.

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Key Findings of the Report:

  • In terms of revenue, global ballistic targeting system software market is expected to reach US$ 27.75 million by 2027 over the forecast period due to increase in demand among military professionals.
  • In terms of device type, mobile segment is expected to register highest market share between 2019 to 2027 and will depict a CAGR of over 5% with demand for software solutions for mobile devices
  • North America held the leading share of the market owing to significantly higher demand for advanced ballistic targeting devices.

Some of the major players operating in the global ballistic targeting system software market are Applied Ballistics, Kennedy Development, LLC, Horus Vision Reticle Technologies, Lex Talus Corporation, Nikon Inc., Patagonia Ballistics, Recreational Software, Inc., Sierra Bullets, SITELITE Mag Laser, and SWAROVSKI OPTIK amongst others.

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Global Ballistic Targeting System Software Market-

By Type

  • Application for Managing Applied Ballistic Embedded Devices
  • Stand Alone Application for Firing Solution

By Device Type

  • Mobile
  • Desktop
  • Embedded Device

By End User

  • Professional Shooters
  • Military Service
  • Others

By Geography

  • North America
    • S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

 

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