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The digital twin market is forecasted to grow by USD 32,784.18 mn during 2022-2027, accelerating at a CAGR of 39.92% during the forecast period. The report on the digital twin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by industry 4.0 and industrial iot, growing demand for predictive maintenance and real-time monitoring data, and need for reduced time-to-market and improved decision making.
The digital twin market is segmented as below:
By Deployment
- On-premises
- Cloud
By End-user
- Manufacturing
- Energy and utilities
- Aerospace and defense
- Automotive
- Infrastructure and others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the digital twin market covers the following areas:
- Digital twin market sizing
- Digital twin market forecast
- Digital twin market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global digital twin market: ANSYS Inc., Dassault Systemes SE, DNV Group AS, General Electric Co., Hexagon AB, Honeywell International Inc., International Business Machines Corp., Johnson Controls International Plc, Kongsberg Gruppen ASA, Microsoft Corp., Oracle Corp., PTC Inc., Robert Bosch GmbH, SAP SE, ScaleOut Software Inc., Siemens AG, Software AG, SWIM Inc., Veerum Inc., and Wipro Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing traction in healthcare sector.'
According to the report, one of the major drivers for this market is the industry 4.0 and industrial IoT.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ANSYS Inc.
- Dassault Systemes SE
- DNV Group AS
- General Electric Co.
- Hexagon AB
- Honeywell International Inc.
- International Business Machines Corp.
- Johnson Controls International Plc
- Kongsberg Gruppen ASA
- Microsoft Corp.
- Oracle Corp.
- PTC Inc.
- Robert Bosch GmbH
- SAP SE
- ScaleOut Software Inc.
- Siemens AG
- Software AG
- SWIM Inc.
- Veerum Inc.
- Wipro Ltd.
