Global Ballistic Targeting System Software Market to grow at a CAGR of 4.25% during the period 2016 - 2020; Finds New Report

Report forecast the global ballistic targeting system software market to grow at a CAGR of 4.25% during the period 2016-2020.

Professional shooters, hunters, and military services use ballistic targeting software. It is used for the training of all types of shooters such as hunters, snipers, and target shooters. The accuracy of any shot from a firearm is considered on the basis of the type of firearm and the ammunition. It is crucial that the potential of the ammunition and firearm matches.

To identity the best ammunition for a firearm, it is necessary to try shooting with different brands and loads of ammunition and compare the performance. A ballistics calculator plays a significant role here as it compares trajectory and other details of the ammunition and helps in an accurate shot.

The report covers the present scenario and the growth prospects of the global ballistic targeting system software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the software deployed on:

• Mobile
• PCs and laptops

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

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.

Global Ballistic Targeting System Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global ballistic targeting system software market: Dexadine, JBM Ballistics, Lex Talus, Shooter, Sierra, and Strelok.

Other Prominent Vendors in the market are: Applied Ballistics, iSnipe, Knights Armament BulletFlight, Range-Time Software, Nikon SpotOn Ballistic Match Technology, Nosler Ballistics, and Patagonia Ballistics.

Market driver

• Advantages of ballistic targeting system software in boosting firearm performance
• For a full, detailed list, view our report

Market challenge

• Decrease in number of hunters
• For a full, detailed list, view our report

Market trend

• Integration of Bluetooth and wireless technologies
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 59 pages and 35 Exhibit “Global Ballistic Targeting System Software Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Definitions of the words used in report, Assumptions, Introduction, Market segmentation by product, Advantages and disadvantages of ballistic targeting system software, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Impact of trends, Five forces model, Vendor landscape, Vendor matrix, Key vendor analysis, Other prominent vendors, Appendix.

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