Market Overview:
The global ballistics targeting software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ballistic target systems for personal and commercial applications, and the growing adoption of cloud-based ballistics targeting software solutions. On-premise ballistics targeting software solutions are expected to dominate the market during the forecast period, owing to their high accuracy and reliability. However, cloud-based ballistics targeting software solutions are expected to witness higher growth rates due to their lower costs and easy deployment options. The personal application segment is expected to account for a majority of the global ballistics targeting software market during the forecast period, followed by commercial applications. The increasing demand for ballistic target systems from law enforcement agencies and military organizations is driving growth in this segment.
Product Definition:
Ballistics Targeting Software is a software that is used to calculate and predict the ballistic trajectory of a projectile. It helps in improving accuracy while shooting.
On Premise:
On premise software is used for ballistic targeting. It helps in simulating and planning target missions, create fire lists, generate reports and analyze results. The software also provides capabilities to manage operations such as record keeping, reporting & analysis of the mission execution.
The global on premise ballistics targeting software market size was valued at USD 681 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Cloud Based:
Cloud based software is a type of software that enables the user to store data on a remote server. The data can be used in multiple locations and from different devices. It helps the user to share information across various departments within an organization and with external partners as well. Cloud based ballistic targeting software is used by defense agencies, law enforcement agencies, and even private individuals for ballistics trajectory prediction, aiming point selection, aiming circles creation etc.
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017. The growth can be attributed to the increasing use of ballistic software by defense agencies and armed forces for military purposes, such as target engagement, range estimation and weapon zeroing. In addition, growing adoption of these solutions by shooting clubs across the globe is expected to drive demand over the forecast period.
The personal application segment is anticipated to witness a significant CAGR exceeding 12% from 2018 to 2030 owing to rising consumer awareness regarding personal safety coupled with an increase in spending on security equipment including alarms and surveillance systems at home or office buildings. Furthermore, government initiatives such as ¢â‚¬Å“Make in India¢â‚¬ are likely to result in increased production that will provide employment opportunities which will propel demand further during the forecast period.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The U.S., as a prominent market, has witnessed significant adoption of ballistic targeting software solutions on account of the presence of well-established defense and law enforcement agencies such as the Federal Bureau of Prisons (BOP), Department Of Defense (DOD), and Drug Enforcement Administration (DEA). Moreover, increasing demand for personal protection equipment such as body armor by law enforcement agencies is further driving growth in this region.
Asia Pacific is expected to register significant growth over the forecast period owing to rising government initiatives pertaining to crime prevention & control and improving public safety & security infrastructure in countries including India, China, Singapore among others. Furthermore, growing investments by major technology companies are anticipated to drive demand for ballistic targeting software solutions across this region during the forecast period in near future.
Growth Factors:
- Increasing demand for accuracy and precision in shooting and hunting activities
- Growing popularity of ballistics target shooting as a sport
- Proliferation of firearms across different user segments
- Technological advancements in ballistic software that offer enhanced features and accuracy
- Rising awareness about the benefits of using ballistic software for shooting and hunting activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Ballistics Targeting Software Market Research Report
By Type
On Premise, Cloud Based
By Application
Personal, Commercial
By Companies
Dexadine, JBM Ballistics, Lex Talus, Shooter, Sierra, Strelok, Applied Ballistics LLC, iSnipe, Nosler Ballistics, Patagonia Ballistics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Ballistics Targeting Software Market Report Segments:
The global Ballistics Targeting Software market is segmented on the basis of:
Types
On Premise, Cloud Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dexadine
- JBM Ballistics
- Lex Talus
- Shooter
- Sierra
- Strelok
- Applied Ballistics LLC
- iSnipe
- Nosler Ballistics
- Patagonia Ballistics
Highlights of The Ballistics Targeting Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On Premise
- Cloud Based
- By Application:
- Personal
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ballistics Targeting Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ballistics targeting software is a computer program that helps shooters to aim and fire firearms more accurately. It can help you to find and hit targets at long distances by providing information about the size, shape, and movement of objects in the target area.
Some of the key players operating in the ballistics targeting software market are Dexadine, JBM Ballistics, Lex Talus, Shooter, Sierra, Strelok, Applied Ballistics LLC, iSnipe, Nosler Ballistics, Patagonia Ballistics.
The ballistics targeting software market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ballistics Targeting Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ballistics Targeting Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ballistics Targeting Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ballistics Targeting Software Market
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 Global Ballistics Targeting Software Market Size & Forecast, 2020-2028
4.5.1 Ballistics Targeting Software Market Size and Y-o-Y Growth
4.5.2 Ballistics Targeting Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 On Premise
5.2.2 Cloud Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ballistics Targeting Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ballistics Targeting Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 On Premise
9.6.2 Cloud Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 On Premise
10.6.2 Cloud Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 On Premise
11.6.2 Cloud Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 On Premise
12.6.2 Cloud Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 On Premise
13.6.2 Cloud Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ballistics Targeting Software Market: Competitive Dashboard
14.2 Global Ballistics Targeting Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dexadine
14.3.2 JBM Ballistics
14.3.3 Lex Talus
14.3.4 Shooter
14.3.5 Sierra
14.3.6 Strelok
14.3.7 Applied Ballistics LLC
14.3.8 iSnipe
14.3.9 Nosler Ballistics
14.3.10 Patagonia Ballistics
