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Digital Twin Market Size, Share & Trends Analysis Report By Solution (Component, Process), By Deployment (Cloud, On-premise), By Enterprise Size, By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 110 Pages
  • August 2023
  • Region: Global
  • Grand View Research
  • ID: 5415584
Description Jump to:
The global digital twin market size is projected to reach USD 155.84 billion by 2030, registering a CAGR of 37.5% from 2023 to 2030. The significant market growth can be attributed to rising public & private investments in digital transformation solutions, the growing importance of smart factories, and the proliferation of cloud-based platforms globally. Further, the digital twin has provided businesses with additional means to effectively cut costs and augment profits. Advantages associated with process automation, cloud computing, and social media, among others, encourage businesses to opt for digital twins and further boost the efficiency of their processes, driving the growth of the market.

The emergence of advanced technologies such as robotic process automation (RPA), the Internet of Things (IoT), artificial intelligence (AI), cloud computing, and big data analytics is creating a positive outlook for the market. Implementing IoT in manufacturing allows electronic devices to communicate with each other without any human interference within a prevailing internet infrastructure. Therefore, IoT could have a profound impact on the digital twin industry. IoT allows connected devices to interact with each other and exchange critical notifications, such as defective or damaged ping, supporting the growth of the market.

The COVID-19 pandemic led the digital transformation worldwide and propelled the demand for digital twin solutions. This has encouraged various market players to introduce their digital twin solutions to increase their customer base and improve their position in the digital twin industry. For instance, in May 2021, PTC announced a partnership with Simio LLC, a provider of simulation and scheduling software. The partnership envisaged PTC providing the Kepware Industrial Connectivity product to optimize Simio Digital Twins powered by real-time operational data. The partnership also envisaged using a variety of technology stacks in smart factories with the help of Digital Twins.

Digital Twin Market Report Highlights

  • In terms of solution, the process segment is anticipated to grow at the fastest CAGR of 39.4% from 2023 to 2030. The digital twin process can be utilized for various uses, such as anticipated maintenance requirements, tracking device performance, and detecting possible problems, thereby supporting the segment growth
  • In terms of deployment, the cloud segment is expected to register a CAGR of more than 30.0% over the forecast period. The growing adoption of cloud-based solutions owing to its low operating costs, improved collaborations, faster deployment, and higher flexibility is driving the growth of the cloud segment
  • In terms of enterprise size, the small and medium enterprises segment is expected to grow at a CAGR of more than 30.0% over the forecast period. The SMEs emphasize digital twin solutions to reduce their product design & development costs and improve product performance
  • In terms of application, the product design and development segment is anticipated to grow at a CAGR of more than 30.0% over the forecast period. The shifting focus of various manufacturing firms' on using digital twins to design and develop products is driving the segment growth
  • In terms of end-use, the automotive & transport segment is anticipated to grow at the fastest CAGR of 43.3% from 2023 to 2030. The digital twin solutions are used in the automotive & transport sector to improve the performance of the vehicle at an optimum level while lowering maintenance expenses and downtime
  • In terms of region, the Asia Pacific region is anticipated to grow at the fastest CAGR of 40.4% from 2023 to 2030. The significant penetration by global market players, adoption of digital twin technologies in manufacturing industries, and proliferation of cloud platforms are driving the growth of the market
  • Key market players are adopting various business strategies to acquire a larger market share and increase their market revenue. For instance, in November 2022, Hexagon AB partnered with Fujitsu Limited to enter into a partnership to deliver digital twin services in Stuttgart, Germany aimed at supporting the city’s digital twin services

Table of Contents

Chapter 1. Methodology and Scope
1.1. Methodology Segmentation & Scope
1.2. Information procurement
1.2.1. Purchased database
1.2.2. internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information analysis
1.3.1. Data analysis models
1.4. Market formulation & data visualization
1.5. Data validation & publishing
Chapter 2. Executive Summary
2.1. Digital Twin Market - Industry Snapshot & Key Buying Criteria, 2018 - 2030
2.2. Digital Twin Market - Market Snapshot, 2018 - 2030
2.3. Digital Twin Market - Solution Snapshot, 2018 - 2030
2.4. Digital Twin Market - Deployment Snapshot, 2018 - 2030
2.5. Digital Twin Market - Enterprise Size Snapshot, 2018 - 2030
2.6. Digital Twin Market - Application Snapshot, 2018 - 2030
2.7. Digital Twin Market - End-use Snapshot, 2018 - 2030
2.8. Digital Twin Market - Competitive Snapshot
Chapter 3. Digital Twin Market Variables, Trends & Scope
3.1. Market Linage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Business Environment Analysis Tools
3.4.1. Industry Analysis - Porter's Five Forces Analysis
3.4.2. PEST Analysis
Chapter 4. Digital Twin Market Solution Outlook
4.1. Digital Twin Market Share by Solution, 2021 & 2030 (USD Billion)
4.2. Component
4.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.3. System
4.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.4. Process
4.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 5. Digital Twin Market Deployment Outlook
5.1. Digital Twin Market Share by Deployment, 2021 & 2030 (USD Billion)
5.2. Cloud
5.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.3. On-premise
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Digital Twin Market Enterprise Size Outlook
6.1. Digital Twin Market Share by Enterprise Size, 2021 & 2030 (USD Billion)
6.2. Large Enterprises
6.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.3. Small and Medium Enterprises (SMEs)
6.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 7. Digital Twin Market Application Outlook
7.1. Digital Twin Market Share by Solution, 2021 & 2030 (USD Billion)
7.2. Product Design & Development
7.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3. Predictive Maintenance
7.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.4. Business Optimization
7.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.5. Others
7.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 8. Digital Twin Market Product Outlook
8.1. Digital Twin Market Share by Product, 2021 & 2030 (USD Billion)
8.2. Manufacturing
8.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.3. Agriculture
8.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.4. Automotive & Transport
8.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.5. Energy & Utilities
8.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.6. Healthcare & Lifesciences
8.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.7. Residential & Commercial
8.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.8. Retail & Consumer Goods
8.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.9. Aerospace
8.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.10. Telecommunication
8.10.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.11. Others
8.11.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 9. Digital Twin Market: Regional Outlook
9.1. Digital Twin Market Share by Region, 2021 & 2030 (USD Billion)
9.2. North America
9.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.2.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.2.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.2.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.2.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.2.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.2.7. U.S.
9.2.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.2.7.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.2.7.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.2.7.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.2.7.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.2.7.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.2.8. Canada
9.2.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.2.8.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.2.8.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.2.8.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.2.8.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.2.8.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.3. Europe
9.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.3.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.3.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.3.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.3.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.3.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.3.7. UK
9.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.3.7.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.3.7.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.3.7.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.3.7.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.3.7.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.3.8. Germany
9.3.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.3.8.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.3.8.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.3.8.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.3.8.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.3.8.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.3.9. France
9.3.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.3.9.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.3.9.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.3.9.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.3.9.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.3.9.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.3.10. Italy
9.3.10.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.3.10.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.3.10.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.3.10.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.3.10.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.3.10.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.3.11. Spain
9.3.11.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.3.11.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.3.11.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.3.11.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.3.11.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.3.11.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.4. Asia Pacific
9.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.4.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.4.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.4.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.4.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.4.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.4.7. China
9.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.4.7.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.4.7.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.4.7.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.4.7.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.4.7.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.4.8. India
9.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.4.8.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.4.8.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.4.8.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.4.8.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.4.8.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.4.9. Japan
9.4.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.4.9.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.4.9.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.4.9.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.4.9.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.4.9.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.4.10. Australia
9.4.10.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.4.10.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.4.10.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.4.10.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.4.10.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.4.10.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.4.11. South Korea
9.4.11.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.4.11.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.4.11.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.4.11.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.4.11.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.4.11.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.5. Latin America
9.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.5.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.5.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.5.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.5.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.5.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.5.7. Brazil
9.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.5.7.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.5.7.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.5.7.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.5.7.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.5.7.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.5.8. Mexico
9.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.5.8.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.5.8.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.5.8.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.5.8.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.5.8.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.5.9. Argentina
9.5.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.5.9.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.5.9.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.5.9.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.5.9.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.5.9.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.6. Middle East & Africa
9.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.6.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.6.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.6.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.6.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.6.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.6.7. UAE
9.6.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.6.7.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.6.7.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.6.7.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.6.7.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.6.7.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.6.8. Saudi Arabia
9.6.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.6.8.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.6.8.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.6.8.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.6.8.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.6.8.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
9.6.9. South Africa
9.6.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
9.6.9.2. Market estimates and forecast by solution, 2018 - 2030 (USD Billion)
9.6.9.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
9.6.9.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
9.6.9.5. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
9.6.9.6. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
Chapter 10. Competitive Landscape
10.1. Company Categorization (Mature Players, Emerging Players)
10.2. Company Ranking/Share Analysis, 2022
10.3. Company Heat Map Analysis
10.4. Strategy Mapping
10.5. Company Profiles (Overview, Financial Performance, Product Overview, Strategic Initiatives)
10.5.1. ABB
10.5.2. ANSYS, Inc.
10.5.3. Autodesk Inc.
10.5.4. AVEVA Group plc
10.5.5. Amazon Web Services, Inc.
10.5.6. Dassault Systèmes
10.5.7. GE DIGITAL
10.5.8. General Electric
10.5.9. Hexagon AB
10.5.10. IBM Corporation
10.5.11. Microsoft Corporation
10.5.12. PTC Inc.
10.5.13. "Rockwell Automation
10.5.14. SAP SE
10.5.15. Siemens AG
List of Tables
Table 1. List of Abbreviation
Table 2. Global Digital Twin market, 2018 - 2030 (USD Billion)
Table 3. Global Digital Twin market, by region, 2018 - 2030 (USD Billion)
Table 4. Global Digital Twin market, by solution, 2018 - 2030 (USD Billion)
Table 5. Global Digital Twin market, by deployment, 2018 - 2030 (USD Billion)
Table 6. Global Digital Twin market, by enterprise size, 2018 - 2030 (USD Billion)
Table 7. Global Digital Twin market, by application, 2018 - 2030 (USD Billion)
Table 8. Global Digital Twin market, by end-use, 2018 - 2030 (USD Billion)
Table 9. North America Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 10. North America Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 11. North America Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 12. North America Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 13. North America Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 14. U.S. Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 15. U.S. Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 16. U.S. Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 17. U.S. Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 18. U.S. Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 19. Canada Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 20. Canada Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 21. Canada Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 22. Canada Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 23. Canada Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 24. Europe Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 25. Europe Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 26. Europe Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 27. Europe Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 28. Europe Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 29. UK Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 30. UK Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 31. UK Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 32. UK Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 33. UK Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 34. Germany Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 35. Germany Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 36. Germany Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 37. Germany Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 38. Germany Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 39. France Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 40. France Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 41. France Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 42. France Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 43. France Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 44. Italy Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 45. Italy Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 46. Italy Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 47. Italy Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 48. Italy Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 49. Spain Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 50. Spain Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 51. Spain Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 52. Spain Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 53. Spain Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 54. Asia Pacific Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 55. Asia Pacific Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 56. Asia Pacific Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 57. Asia Pacific Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 58. Asia Pacific Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 59. China Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 60. China Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 61. China Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 62. China Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 63. China Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 64. India Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 65. India Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 66. India Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 67. India Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 68. India Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 69. Japan Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 70. Japan Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 71. Japan Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 72. Japan Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 73. Japan Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 74. Australia Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 75. Australia Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 76. Australia Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 77. Australia Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 78. Australia Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 79. South Korea Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 80. South Korea Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 81. South Korea Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 82. South Korea Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 83. South Korea Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 84. Latin America Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 85. Latin America Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 86. Latin America Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 87. Latin America Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 88. Latin America Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 89. Brazil Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 90. Brazil Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 91. Brazil Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 92. Brazil Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 93. Brazil Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 94. Mexico Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 95. Mexico Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 96. Mexico Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 97. Mexico Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 98. Mexico Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 99. Argentina Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 100. Argentina Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 101. Argentina Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 102. Argentina Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 103. Argentina Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 104. MEA Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 105. MEA Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 106. MEA Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 107. MEA Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 108. MEA Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 109. UAE Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 110. UAE Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 111. UAE Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 112. UAE Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 113. UAE Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 114. Saudi Arabia Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 115. Saudi Arabia Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 116. Saudi Arabia Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 117. Saudi Arabia Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 118. Saudi Arabia Digital Twin market, by end-use 2018 - 2030 (USD Billion)
Table 119. South Africa Digital Twin market, by solution 2018 - 2030 (USD Billion)
Table 120. South Africa Digital Twin market, by deployment 2018 - 2030 (USD Billion)
Table 121. South Africa Digital Twin market, by enterprise size 2018 - 2030 (USD Billion)
Table 122. South Africa Digital Twin market, by application 2018 - 2030 (USD Billion)
Table 123. Saudi Arabia Digital Twin market, by end-use 2018 - 2030 (USD Billion)
List of Figures
Fig. 1 Market segmentation & scope
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Market formulation and data visualization
Fig. 6 Industry Snapshot
Fig. 7 Industry value chain analysis
Fig. 8 Industry Analysis - Porter’s
Fig. 9 PEST Analysis
Fig. 10 Digital twin market, by solution, key takeaways (USD Billion)
Fig. 11 Digital twin market, by deployment, key takeaways (USD Billion)
Fig. 12 Digital twin market, by enterprise size, key takeaways (USD Billion)
Fig. 13 Digital twin market, by application, key takeaways (USD Billion)
Fig. 14 Digital twin market, by end-use, key takeaways (USD Billion)
Fig. 15 Regional market size estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 16 North America digital twin market outlook and market share by country, 2021 & 2030 (USD Billion)
Fig. 17 Europe digital twin market outlook and market share by country, 2021 & 2030 (USD Billion)
Fig. 18 Asia Pacific digital twin market outlook and market share by country, 2021 & 2030 (USD Billion)
Fig. 19 Latin America digital twin market outlook and market share by country, 2021 & 2030 (USD Billion)
Fig. 20 Middle East & Africa digital twin market outlook and market share by country, 2021 & 2030 (USD Billion)

Companies Mentioned

  • ABB
  • ANSYS, Inc.
  • Autodesk Inc.
  • AVEVA Group plc
  • Amazon Web Services, Inc.
  • Dassault Systèmes
  • GE DIGITAL
  • General Electric
  • Hexagon AB
  • IBM Corporation
  • Microsoft Corporation
  • PTC Inc.
  • Rockwell Automation
  • SAP SE
  • Siemens AG

Table Information

Report AttributeDetails
No. of Pages110
PublishedAugust 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 11.13 Billion
Forecasted Market Value ( USD ) by 2030 $ 155.84 Billion
Compound Annual Growth Rate37.5%
Regions CoveredGlobal
No. of Companies Mentioned15

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