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LAMEA Digital Twin Market By Type, By Application, By Industry, By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027

  • ID: 5345551
  • Report
  • May 2021
  • Region: Middle East, Africa
  • 136 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • ABB Group
  • General Electric (GE) Co.
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • PTC, Inc.
  • MORE
The Latin America, Middle East and Africa Digital Twin Market is expected to witness market growth of 44.7% CAGR during the forecast period (2021-2027).

Digital twins also find their application in healthcare industry. It has the potential to revolutionize the care that is provided to the patients and the hospitals’ operations. Digital twin helps in creating an interconnected system that symbolizes the digital image of the systems, entire hospital, and other equipment. In addition to it, the digital twin of individual organs and human bodies can help doctors in studying surgical procedures in a virtual environment before they are carried out on the patient in real-time. Thus, it helps in improving patient outcomes and will reduce mortality rates. Due to the above-mentioned advantages of digital twin technology, the healthcare and life sciences segment is likely to record substantial growth in the forecast period. Additionally, the spread of the COVID-19 pandemic has resulted in a higher focus on creating the healthcare infrastructure, thus, further promoting segment growth.

It is considered that the adoption of digital technologies is the main focus of various industries in Africa. The speed of innovation and the range of digital offerings are likely to remain different across industries, markets, and geographies. The impact of digital technologies is also estimated to be different in favoring businesses and industries. The adoption of digital twin technology in Africa is very slow due to a lack of awareness about the cost-benefit of the adoption of digital twins.

South Africa acquire the highest position among the African countries on its digital journey. But still, it lags behind in adoption levels of 4IR and IIoT. Therefore, it is needed for the companies to understand the importance of these advanced technologies to improve their business strategies.

The System market dominated the Saudi Arabia Digital Twin Market by Type 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $286.8 million by 2027. The Process market is expected to witness a CAGR of 46% during (2021 - 2027).

Based on Type, the market is segmented into System, Process and Product. Based on Application, the market is segmented into Predictive Maintenance & Performance Monitoring, Business Optimization, Inventory Management, Product Design & Development and Others. Based on Industry, the market is segmented into Automotive & Transportation, Residential & Commercial, Healthcare & Life Sciences, Manufacturing, Energy & Power, Agriculture, Retail & Consumer Goods and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., SAP SE, PTC, Inc., General Electric (GE) Co., IBM Corporation, Oracle Corporation, Siemens AG, Robert Bosch GmbH, Microsoft Corporation, and ABB Group.

Scope of the Study

Market Segments covered in the Report:

By Type
  • System
  • Process
  • Product
By Application
  • Predictive Maintenance & Performance Monitoring
  • Business Optimization
  • Inventory Management
  • Product Design & Development
  • Others
By Industry
  • Automotive & Transportation
  • Residential & Commercial
  • Healthcare & Life Sciences
  • Manufacturing
  • Energy & Power
  • Agriculture
  • Retail & Consumer Goods
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • Honeywell International, Inc.
  • SAP SE
  • PTC, Inc.
  • General Electric (GE) Co.
  • IBM Corporation
  • Oracle Corporation
  • Siemens AG
  • Robert Bosch GmbH
  • Microsoft Corporation
  • ABB Group
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Group
  • General Electric (GE) Co.
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • PTC, Inc.
  • MORE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Digital Twin Market, by Type
1.4.2 LAMEA Digital Twin Market, by Application
1.4.3 LAMEA Digital Twin Market, by Industry
1.4.4 LAMEA Digital Twin Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 roduct Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2021, Feb) Leading Players

Chapter 4. LAMEA Digital Twin Market by Industry
4.1 LAMEA Automotive & Transportation Digital Twin Market by Country
4.2 LAMEA Residential & Commercial Digital Twin Market by Country
4.3 LAMEA Healthcare & Life Sciences Digital Twin Market by Country
4.4 LAMEA Manufacturing Digital Twin Market by Country
4.5 LAMEA Energy & Power Digital Twin Market by Country
4.6 LAMEA Agriculture Digital Twin Market by Country
4.7 LAMEA Retail & Consumer Goods Digital Twin Market by Country
4.8 LAMEA Other Industry Digital Twin Market by Country

Chapter 5. LAMEA Digital Twin Market by Type
5.1 LAMEA Digital Twin System Market by Country
5.2 LAMEA Digital Twin Process Market by Country
5.3 LAMEA Digital Twin Product Market by Country

Chapter 6. LAMEA Digital Twin Market by Application
6.1 LAMEA Predictive Maintenance & Performance Monitoring Digital Twin Market by Country
6.2 LAMEA Business Optimization Digital Twin Market by Country
6.3 LAMEA Inventory Management Digital Twin Market by Country
6.4 LAMEA Product Design & Development Digital Twin Market by Country
6.5 LAMEA Others Digital Twin Market by Country

Chapter 7. LAMEA Digital Twin Market by Country
7.1 Brazil Digital Twin Market
7.1.1 Brazil Digital Twin Market by Industry
7.1.2 Brazil Digital Twin Market by Type
7.1.3 Brazil Digital Twin Market by Application
7.2 Argentina Digital Twin Market
7.2.1 Argentina Digital Twin Market by Industry
7.2.2 Argentina Digital Twin Market by Type
7.2.3 Argentina Digital Twin Market by Application
7.3 UAE Digital Twin Market
7.3.1 UAE Digital Twin Market by Industry
7.3.2 UAE Digital Twin Market by Type
7.3.3 UAE Digital Twin Market by Application
7.4 Saudi Arabia Digital Twin Market
7.4.1 Saudi Arabia Digital Twin Market by Industry
7.4.2 Saudi Arabia Digital Twin Market by Type
7.4.3 Saudi Arabia Digital Twin Market by Application
7.5 South Africa Digital Twin Market
7.5.1 South Africa Digital Twin Market by Industry
7.5.2 South Africa Digital Twin Market by Type
7.5.3 South Africa Digital Twin Market by Application
7.6 Nigeria Digital Twin Market
7.6.1 Nigeria Digital Twin Market by Industry
7.6.2 Nigeria Digital Twin Market by Type
7.6.3 Nigeria Digital Twin Market by Application
7.7 Rest of LAMEA Digital Twin Market
7.7.1 Rest of LAMEA Digital Twin Market by Industry
7.7.2 Rest of LAMEA Digital Twin Market by Type
7.7.3 Rest of LAMEA Digital Twin Market by Application

Chapter 8. Company Profiles
8.1 Honeywell International, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 SAP SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.1 Recent strategies and developments:
8.2.1.1 Partnerships, Collaborations, and Agreements:
8.2.2 SWOT Analysis
8.3 PTC, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.3.5.3 Product Launches and Product Expansions:
8.4 General Electric (GE) Co.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 IBM Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Oracle Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Siemens AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Robert Bosch GmbH
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Geographical Expansions:
8.8.6 SWOT Analysis
8.9 Microsoft Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. ABB Group
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Product Launches and Product Expansions:
8.10.6 SWOT Analysis

List of Tables
Table 1 LAMEA Digital Twin Market, 2017 - 2020, USD Million
Table 2 LAMEA Digital Twin Market, 2021 - 2027, USD Million
Table 3 Partnerships, Collaborations and Agreements- Digital Twin Market
Table 4 Product Launches And Product Expansions- Digital Twin Market
Table 5 Geographical Expansions- Digital Twin Market
Table 6 Acquisition and Mergers- Digital Twin Market
Table 7 LAMEA Digital Twin Market by Industry, 2017 - 2020, USD Million
Table 8 LAMEA Digital Twin Market by Industry, 2021 - 2027, USD Million
Table 9 LAMEA Automotive & Transportation Digital Twin Market by Country, 2017 - 2020, USD Million
Table 10 LAMEA Automotive & Transportation Digital Twin Market by Country, 2021 - 2027, USD Million
Table 11 LAMEA Residential & Commercial Digital Twin Market by Country, 2017 - 2020, USD Million
Table 12 LAMEA Residential & Commercial Digital Twin Market by Country, 2021 - 2027, USD Million
Table 13 LAMEA Healthcare & Life Sciences Digital Twin Market by Country, 2017 - 2020, USD Million
Table 14 LAMEA Healthcare & Life Sciences Digital Twin Market by Country, 2021 - 2027, USD Million
Table 15 LAMEA Manufacturing Digital Twin Market by Country, 2017 - 2020, USD Million
Table 16 LAMEA Manufacturing Digital Twin Market by Country, 2021 - 2027, USD Million
Table 17 LAMEA Energy & Power Digital Twin Market by Country, 2017 - 2020, USD Million
Table 18 LAMEA Energy & Power Digital Twin Market by Country, 2021 - 2027, USD Million
Table 19 LAMEA Agriculture Digital Twin Market by Country, 2017 - 2020, USD Million
Table 20 LAMEA Agriculture Digital Twin Market by Country, 2021 - 2027, USD Million
Table 21 LAMEA Retail & Consumer Goods Digital Twin Market by Country, 2017 - 2020, USD Million
Table 22 LAMEA Retail & Consumer Goods Digital Twin Market by Country, 2021 - 2027, USD Million
Table 23 LAMEA Other Industry Digital Twin Market by Country, 2017 - 2020, USD Million
Table 24 LAMEA Other Industry Digital Twin Market by Country, 2021 - 2027, USD Million
Table 25 LAMEA Digital Twin Market by Type, 2017 - 2020, USD Million
Table 26 LAMEA Digital Twin Market by Type, 2021 - 2027, USD Million
Table 27 LAMEA Digital Twin System Market by Country, 2017 - 2020, USD Million
Table 28 LAMEA Digital Twin System Market by Country, 2021 - 2027, USD Million
Table 29 LAMEA Digital Twin Process Market by Country, 2017 - 2020, USD Million
Table 30 LAMEA Digital Twin Process Market by Country, 2021 - 2027, USD Million
Table 31 LAMEA Digital Twin Product Market by Country, 2017 - 2020, USD Million
Table 32 LAMEA Digital Twin Product Market by Country, 2021 - 2027, USD Million
Table 33 LAMEA Digital Twin Market by Application, 2017 - 2020, USD Million
Table 34 LAMEA Digital Twin Market by Application, 2021 - 2027, USD Million
Table 35 LAMEA Predictive Maintenance & Performance Monitoring Digital Twin Market by Country, 2017 - 2020, USD Million
Table 36 LAMEA Predictive Maintenance & Performance Monitoring Digital Twin Market by Country, 2021 - 2027, USD Million
Table 37 LAMEA Business Optimization Digital Twin Market by Country, 2017 - 2020, USD Million
Table 38 LAMEA Business Optimization Digital Twin Market by Country, 2021 - 2027, USD Million
Table 39 LAMEA Inventory Management Digital Twin Market by Country, 2017 - 2020, USD Million
Table 40 LAMEA Inventory Management Digital Twin Market by Country, 2021 - 2027, USD Million
Table 41 LAMEA Product Design & Development Digital Twin Market by Country, 2017 - 2020, USD Million
Table 42 LAMEA Product Design & Development Digital Twin Market by Country, 2021 - 2027, USD Million
Table 43 LAMEA Others Digital Twin Market by Country, 2017 - 2020, USD Million
Table 44 LAMEA Others Digital Twin Market by Country, 2021 - 2027, USD Million
Table 45 LAMEA Digital Twin Market by Country, 2017 - 2020, USD Million
Table 46 LAMEA Digital Twin Market by Country, 2021 - 2027, USD Million
Table 47 Brazil Digital Twin Market, 2017 - 2020, USD Million
Table 48 Brazil Digital Twin Market, 2021 - 2027, USD Million
Table 49 Brazil Digital Twin Market by Industry, 2017 - 2020, USD Million
Table 50 Brazil Digital Twin Market by Industry, 2021 - 2027, USD Million
Table 51 Brazil Digital Twin Market by Type, 2017 - 2020, USD Million
Table 52 Brazil Digital Twin Market by Type, 2021 - 2027, USD Million
Table 53 Brazil Digital Twin Market by Application, 2017 - 2020, USD Million
Table 54 Brazil Digital Twin Market by Application, 2021 - 2027, USD Million
Table 55 Argentina Digital Twin Market, 2017 - 2020, USD Million
Table 56 Argentina Digital Twin Market, 2021 - 2027, USD Million
Table 57 Argentina Digital Twin Market by Industry, 2017 - 2020, USD Million
Table 58 Argentina Digital Twin Market by Industry, 2021 - 2027, USD Million
Table 59 Argentina Digital Twin Market by Type, 2017 - 2020, USD Million
Table 60 Argentina Digital Twin Market by Type, 2021 - 2027, USD Million
Table 61 Argentina Digital Twin Market by Application, 2017 - 2020, USD Million
Table 62 Argentina Digital Twin Market by Application, 2021 - 2027, USD Million
Table 63 UAE Digital Twin Market, 2017 - 2020, USD Million
Table 64 UAE Digital Twin Market, 2021 - 2027, USD Million
Table 65 UAE Digital Twin Market by Industry, 2017 - 2020, USD Million
Table 66 UAE Digital Twin Market by Industry, 2021 - 2027, USD Million
Table 67 UAE Digital Twin Market by Type, 2017 - 2020, USD Million
Table 68 UAE Digital Twin Market by Type, 2021 - 2027, USD Million
Table 69 UAE Digital Twin Market by Application, 2017 - 2020, USD Million
Table 70 UAE Digital Twin Market by Application, 2021 - 2027, USD Million
Table 71 Saudi Arabia Digital Twin Market, 2017 - 2020, USD Million
Table 72 Saudi Arabia Digital Twin Market, 2021 - 2027, USD Million
Table 73 Saudi Arabia Digital Twin Market by Industry, 2017 - 2020, USD Million
Table 74 Saudi Arabia Digital Twin Market by Industry, 2021 - 2027, USD Million
Table 75 Saudi Arabia Digital Twin Market by Type, 2017 - 2020, USD Million
Table 76 Saudi Arabia Digital Twin Market by Type, 2021 - 2027, USD Million
Table 77 Saudi Arabia Digital Twin Market by Application, 2017 - 2020, USD Million
Table 78 Saudi Arabia Digital Twin Market by Application, 2021 - 2027, USD Million
Table 79 South Africa Digital Twin Market, 2017 - 2020, USD Million
Table 80 South Africa Digital Twin Market, 2021 - 2027, USD Million
Table 81 South Africa Digital Twin Market by Industry, 2017 - 2020, USD Million
Table 82 South Africa Digital Twin Market by Industry, 2021 - 2027, USD Million
Table 83 South Africa Digital Twin Market by Type, 2017 - 2020, USD Million
Table 84 South Africa Digital Twin Market by Type, 2021 - 2027, USD Million
Table 85 South Africa Digital Twin Market by Application, 2017 - 2020, USD Million
Table 86 South Africa Digital Twin Market by Application, 2021 - 2027, USD Million
Table 87 Nigeria Digital Twin Market, 2017 - 2020, USD Million
Table 88 Nigeria Digital Twin Market, 2021 - 2027, USD Million
Table 89 Nigeria Digital Twin Market by Industry, 2017 - 2020, USD Million
Table 90 Nigeria Digital Twin Market by Industry, 2021 - 2027, USD Million
Table 91 Nigeria Digital Twin Market by Type, 2017 - 2020, USD Million
Table 92 Nigeria Digital Twin Market by Type, 2021 - 2027, USD Million
Table 93 Nigeria Digital Twin Market by Application, 2017 - 2020, USD Million
Table 94 Nigeria Digital Twin Market by Application, 2021 - 2027, USD Million
Table 95 Rest of LAMEA Digital Twin Market, 2017 - 2020, USD Million
Table 96 Rest of LAMEA Digital Twin Market, 2021 - 2027, USD Million
Table 97 Rest of LAMEA Digital Twin Market by Industry, 2017 - 2020, USD Million
Table 98 Rest of LAMEA Digital Twin Market by Industry, 2021 - 2027, USD Million
Table 99 Rest of LAMEA Digital Twin Market by Type, 2017 - 2020, USD Million
Table 100 Rest of LAMEA Digital Twin Market by Type, 2021 - 2027, USD Million
Table 101 Rest of LAMEA Digital Twin Market by Application, 2017 - 2020, USD Million
Table 102 Rest of LAMEA Digital Twin Market by Application, 2021 - 2027, USD Million
Table 103 Key information - Honeywell International, Inc.
Table 104 Key Information - SAP SE
Table 105 key Information - PTC, Inc.
Table 106 Key Information - General Electric (GE) Co.
Table 107 Key information - IBM Corporation
Table 108 Key Information - Oracle Corporation
Table 109 Key Information - Siemens AG
Table 110 key information - Robert Bosch GmbH
Table 111 key information - Microsoft Corporation
Table 112 Key Information - ABB Group

List of Figures
Fig 1 Methodology for the research
Fig 2 Cardinal Matrix
Fig 3 Key Leading Strategies: Percentage Distribution (2016-2020)
Fig 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb - 2021, Feb) Leading Players
Fig 5 Swot analysis: Honeywell international, inc.
Fig 6 SWOT Analysis: SAP SE
Fig 7 Recent strategies and developments: PTC, Inc.
Fig 8 Recent strategies and developments: General Electric (GE) Co.
Fig 9 Swot analysis: General electric (GE) Co.
Fig 10 Swot analysis: IBM Corporation
Fig 11 SWOT analysis: Oracle Corporation
Fig 12 Recent strategies and developments: Siemens AG
Fig 13 Swot analysis: Siemens AG
Fig 14 Swot analysis: Robert bosch gmbh
Fig 15 Recent strategies and developments: Microsoft Corporation
Fig 16 SWOT Analysis: Microsoft Corporation
Fig 17 Recent strategies and developments: ABB Group
Fig 18 SWOT Analysis: ABB Group
Note: Product cover images may vary from those shown
  • Honeywell International, Inc.
  • SAP SE
  • PTC, Inc.
  • General Electric (GE) Co.
  • IBM Corporation
  • Oracle Corporation
  • Siemens AG
  • Robert Bosch GmbH
  • Microsoft Corporation
  • ABB Group
Note: Product cover images may vary from those shown

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