Global Digital Twin Market 2023-2027

Quick Summary:

In a digital era characterized by rapid technological advancements and Industry 4.0, the report on the digital twin market carries a strategic significance for any future-forward enterprise. Revealing the market's trends, growth drivers, and challenges, the report provides a comprehensive analysis of the space, including detailed profiles of leading vendors in the industry.

The digital twin model finds its applications across diverse sectors: manufacturing, energy and utilities, aerospace and defense, automotive, infrastructure, and more -with a promising traction in the healthcare sector. The necessity for predictive maintenance, real-time monitoring data, and improved decision-making lends impetus to a trending growth of digital twin technology. These, along with the emergence of 5G technology, indicate a substantial demand shift in the market landscape. With its in-depth analysis of present conditions and future opportunities, the digital twin market report is a key tool to aid strategic positioning in this rapidly evolving tech-digital space.

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.

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

This study identifies the increasing traction in healthcare sector as one of the prime reasons driving the digital twin market growth during the next few years. Also, emergence of process twin and advent of 5G technology will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital twin market vendors that include 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.. Also, the digital twin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global digital twin market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global digital twin market 2017 - 2021 ($ million)
4.2 Deployment Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Deployment Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

6.1 Market segments
Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
6.2 Comparison by Deployment
Exhibit 32: Chart on Comparison by Deployment
Exhibit 33: Data Table on Comparison by Deployment
6.3 On-premises - Market size and forecast 2022-2027
Exhibit 34: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on On-premises - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
6.4 Cloud - Market size and forecast 2022-2027
Exhibit 38: Chart on Cloud - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Cloud - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Cloud - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Deployment
Exhibit 42: Market opportunity by Deployment ($ million)
Exhibit 43: Data Table on Market opportunity by Deployment ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 46: Chart on Comparison by End-user
Exhibit 47: Data Table on Comparison by End-user
7.3 Manufacturing - Market size and forecast 2022-2027
Exhibit 48: Chart on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
7.4 Energy and utilities - Market size and forecast 2022-2027
Exhibit 52: Chart on Energy and utilities - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Energy and utilities - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Energy and utilities - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Energy and utilities - Year-over-year growth 2022-2027 (%)
7.5 Aerospace and defense - Market size and forecast 2022-2027
Exhibit 56: Chart on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)
7.6 Automotive - Market size and forecast 2022-2027
Exhibit 60: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
7.7 Infrastructure and others - Market size and forecast 2022-2027
Exhibit 64: Chart on Infrastructure and others - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Infrastructure and others - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Infrastructure and others - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Infrastructure and others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 68: Market opportunity by End-user ($ million)
Exhibit 69: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 UK - Market size and forecast 2022-2027
Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 ANSYS Inc.
Exhibit 123: ANSYS Inc. - Overview
Exhibit 124: ANSYS Inc. - Product/Service
Exhibit 125: ANSYS Inc. - Key news
Exhibit 126: ANSYS Inc. - Key offerings
12.4 Dassault Systemes SE
Exhibit 127: Dassault Systemes SE - Overview
Exhibit 128: Dassault Systemes SE - Product/Service
Exhibit 129: Dassault Systemes SE - Key news
Exhibit 130: Dassault Systemes SE - Key offerings
12.5 DNV Group AS
Exhibit 131: DNV Group AS - Overview
Exhibit 132: DNV Group AS - Product/Service
Exhibit 133: DNV Group AS - Key offerings
12.6 General Electric Co.
Exhibit 134: General Electric Co. - Overview
Exhibit 135: General Electric Co. - Business segments
Exhibit 136: General Electric Co. - Key news
Exhibit 137: General Electric Co. - Key offerings
Exhibit 138: General Electric Co. - Segment focus
12.7 Honeywell International Inc.
Exhibit 139: Honeywell International Inc. - Overview
Exhibit 140: Honeywell International Inc. - Business segments
Exhibit 141: Honeywell International Inc. - Key news
Exhibit 142: Honeywell International Inc. - Key offerings
Exhibit 143: Honeywell International Inc. - Segment focus
12.8 International Business Machines Corp.
Exhibit 144: International Business Machines Corp. - Overview
Exhibit 145: International Business Machines Corp. - Business segments
Exhibit 146: International Business Machines Corp. - Key news
Exhibit 147: International Business Machines Corp. - Key offerings
Exhibit 148: International Business Machines Corp. - Segment focus
12.9 Johnson Controls International Plc
Exhibit 149: Johnson Controls International Plc - Overview
Exhibit 150: Johnson Controls International Plc - Business segments
Exhibit 151: Johnson Controls International Plc - Key news
Exhibit 152: Johnson Controls International Plc - Key offerings
Exhibit 153: Johnson Controls International Plc - Segment focus
12.10 Kongsberg Gruppen ASA
Exhibit 154: Kongsberg Gruppen ASA - Overview
Exhibit 155: Kongsberg Gruppen ASA - Business segments
Exhibit 156: Kongsberg Gruppen ASA - Key news
Exhibit 157: Kongsberg Gruppen ASA - Key offerings
Exhibit 158: Kongsberg Gruppen ASA - Segment focus
12.11 Microsoft Corp.
Exhibit 159: Microsoft Corp. - Overview
Exhibit 160: Microsoft Corp. - Business segments
Exhibit 161: Microsoft Corp. - Key news
Exhibit 162: Microsoft Corp. - Key offerings
Exhibit 163: Microsoft Corp. - Segment focus
12.12 Oracle Corp.
Exhibit 164: Oracle Corp. - Overview
Exhibit 165: Oracle Corp. - Business segments
Exhibit 166: Oracle Corp. - Key news
Exhibit 167: Oracle Corp. - Key offerings
Exhibit 168: Oracle Corp. - Segment focus
12.13 PTC Inc.
Exhibit 169: PTC Inc. - Overview
Exhibit 170: PTC Inc. - Business segments
Exhibit 171: PTC Inc. - Key offerings
Exhibit 172: PTC Inc. - Segment focus
12.14 Robert Bosch GmbH
Exhibit 173: Robert Bosch GmbH - Overview
Exhibit 174: Robert Bosch GmbH - Business segments
Exhibit 175: Robert Bosch GmbH - Key news
Exhibit 176: Robert Bosch GmbH - Key offerings
Exhibit 177: Robert Bosch GmbH - Segment focus
12.15 SAP SE
Exhibit 178: SAP SE - Overview
Exhibit 179: SAP SE - Business segments
Exhibit 180: SAP SE - Key news
Exhibit 181: SAP SE - Key offerings
Exhibit 182: SAP SE - Segment focus
12.16 Siemens AG
Exhibit 183: Siemens AG - Overview
Exhibit 184: Siemens AG - Business segments
Exhibit 185: Siemens AG - Key news
Exhibit 186: Siemens AG - Key offerings
Exhibit 187: Siemens AG - Segment focus
12.17 Wipro Ltd.
Exhibit 188: Wipro Ltd. - Overview
Exhibit 189: Wipro Ltd. - Business segments
Exhibit 190: Wipro Ltd. - Key news
Exhibit 191: Wipro Ltd. - Key offerings
Exhibit 192: Wipro Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 193: Inclusions checklist
Exhibit 194: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 195: Currency conversion rates for US$
13.4 Research methodology
Exhibit 196: Research methodology
Exhibit 197: Validation techniques employed for market sizing
Exhibit 198: Information sources
13.5 List of abbreviations
Exhibit 199: List of abbreviations

List of Exhibits

Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on global digital twin market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Deployment Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Deployment - Market share 2022-2027 (%)
Exhibits 31: Data Table on Deployment - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Deployment
Exhibits 33: Data Table on Comparison by Deployment
Exhibits 34: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on On-premises - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on Cloud - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on Cloud - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on Cloud - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
Exhibits 42: Market opportunity by Deployment ($ million)
Exhibits 43: Data Table on Market opportunity by Deployment ($ million)
Exhibits 44: Chart on End-user - Market share 2022-2027 (%)
Exhibits 45: Data Table on End-user - Market share 2022-2027 (%)
Exhibits 46: Chart on Comparison by End-user
Exhibits 47: Data Table on Comparison by End-user
Exhibits 48: Chart on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibits 50: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
Exhibits 51: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
Exhibits 52: Chart on Energy and utilities - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Data Table on Energy and utilities - Market size and forecast 2022-2027 ($ million)
Exhibits 54: Chart on Energy and utilities - Year-over-year growth 2022-2027 (%)
Exhibits 55: Data Table on Energy and utilities - Year-over-year growth 2022-2027 (%)
Exhibits 56: Chart on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Data Table on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
Exhibits 58: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
Exhibits 59: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)
Exhibits 60: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibits 61: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibits 62: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibits 63: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
Exhibits 64: Chart on Infrastructure and others - Market size and forecast 2022-2027 ($ million)
Exhibits 65: Data Table on Infrastructure and others - Market size and forecast 2022-2027 ($ million)
Exhibits 66: Chart on Infrastructure and others - Year-over-year growth 2022-2027 (%)
Exhibits 67: Data Table on Infrastructure and others - Year-over-year growth 2022-2027 (%)
Exhibits 68: Market opportunity by End-user ($ million)
Exhibits 69: Data Table on Market opportunity by End-user ($ million)
Exhibits 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 73: Chart on Geographic comparison
Exhibits 74: Data Table on Geographic comparison
Exhibits 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 77: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 93: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 95: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 97: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 98: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibits 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibits 103: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 106: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibits 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibits 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibits 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
Exhibits 115: Market opportunity By Geographical Landscape ($ million)
Exhibits 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 117: Impact of drivers and challenges in 2022 and 2027
Exhibits 118: Overview on Criticality of inputs and Factors of differentiation
Exhibits 119: Overview on factors of disruption
Exhibits 120: Impact of key risks on business
Exhibits 121: Vendors covered
Exhibits 122: Matrix on vendor position and classification
Exhibits 123: ANSYS Inc. - Overview
Exhibits 124: ANSYS Inc. - Product/Service
Exhibits 125: ANSYS Inc. - Key news
Exhibits 126: ANSYS Inc. - Key offerings
Exhibits 127: Dassault Systemes SE - Overview
Exhibits 128: Dassault Systemes SE - Product/Service
Exhibits 129: Dassault Systemes SE - Key news
Exhibits 130: Dassault Systemes SE - Key offerings
Exhibits 131: DNV Group AS - Overview
Exhibits 132: DNV Group AS - Product/Service
Exhibits 133: DNV Group AS - Key offerings
Exhibits 134: General Electric Co. - Overview
Exhibits 135: General Electric Co. - Business segments
Exhibits 136: General Electric Co. - Key news
Exhibits 137: General Electric Co. - Key offerings
Exhibits 138: General Electric Co. - Segment focus
Exhibits 139: Honeywell International Inc. - Overview
Exhibits 140: Honeywell International Inc. - Business segments
Exhibits 141: Honeywell International Inc. - Key news
Exhibits 142: Honeywell International Inc. - Key offerings
Exhibits 143: Honeywell International Inc. - Segment focus
Exhibits 144: International Business Machines Corp. - Overview
Exhibits 145: International Business Machines Corp. - Business segments
Exhibits 146: International Business Machines Corp. - Key news
Exhibits 147: International Business Machines Corp. - Key offerings
Exhibits 148: International Business Machines Corp. - Segment focus
Exhibits 149: Johnson Controls International Plc - Overview
Exhibits 150: Johnson Controls International Plc - Business segments
Exhibits 151: Johnson Controls International Plc - Key news
Exhibits 152: Johnson Controls International Plc - Key offerings
Exhibits 153: Johnson Controls International Plc - Segment focus
Exhibits 154: Kongsberg Gruppen ASA - Overview
Exhibits 155: Kongsberg Gruppen ASA - Business segments
Exhibits 156: Kongsberg Gruppen ASA - Key news
Exhibits 157: Kongsberg Gruppen ASA - Key offerings
Exhibits 158: Kongsberg Gruppen ASA - Segment focus
Exhibits 159: Microsoft Corp. - Overview
Exhibits 160: Microsoft Corp. - Business segments
Exhibits 161: Microsoft Corp. - Key news
Exhibits 162: Microsoft Corp. - Key offerings
Exhibits 163: Microsoft Corp. - Segment focus
Exhibits 164: Oracle Corp. - Overview
Exhibits 165: Oracle Corp. - Business segments
Exhibits 166: Oracle Corp. - Key news
Exhibits 167: Oracle Corp. - Key offerings
Exhibits 168: Oracle Corp. - Segment focus
Exhibits 169: PTC Inc. - Overview
Exhibits 170: PTC Inc. - Business segments
Exhibits 171: PTC Inc. - Key offerings
Exhibits 172: PTC Inc. - Segment focus
Exhibits 173: Robert Bosch GmbH - Overview
Exhibits 174: Robert Bosch GmbH - Business segments
Exhibits 175: Robert Bosch GmbH - Key news
Exhibits 176: Robert Bosch GmbH - Key offerings
Exhibits 177: Robert Bosch GmbH - Segment focus
Exhibits 178: SAP SE - Overview
Exhibits 179: SAP SE - Business segments
Exhibits 180: SAP SE - Key news
Exhibits 181: SAP SE - Key offerings
Exhibits 182: SAP SE - Segment focus
Exhibits 183: Siemens AG - Overview
Exhibits 184: Siemens AG - Business segments
Exhibits 185: Siemens AG - Key news
Exhibits 186: Siemens AG - Key offerings
Exhibits 187: Siemens AG - Segment focus
Exhibits 188: Wipro Ltd. - Overview
Exhibits 189: Wipro Ltd. - Business segments
Exhibits 190: Wipro Ltd. - Key news
Exhibits 191: Wipro Ltd. - Key offerings
Exhibits 192: Wipro Ltd. - Segment focus
Exhibits 193: Inclusions checklist
Exhibits 194: Exclusions checklist
Exhibits 195: Currency conversion rates for US$
Exhibits 196: Research methodology
Exhibits 197: Validation techniques employed for market sizing
Exhibits 198: Information sources
Exhibits 199: List of abbreviations

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.