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Digital Twin For Buildings Global Market Report 2025

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    Report

  • 175 Pages
  • January 2025
  • Region: Global
  • The Business Research Company
  • ID: 6103522
The digital twin for buildings market size has grown exponentially in recent years. It will grow from $1.36 billion in 2024 to $1.73 billion in 2025 at a compound annual growth rate (CAGR) of 27.8%. The growth during the historical period can be attributed to factors such as the rising demand for operational efficiency, the increasing adoption of the Internet of Things (IoT), the growing need for predictive maintenance, heightened awareness of energy efficiency, and growing investments in building automation systems.

The digital twin for buildings market size is expected to see exponential growth in the next few years. It will grow to $4.58 billion in 2029 at a compound annual growth rate (CAGR) of 27.5%. The projected growth during the forecast period can be attributed to a stronger focus on sustainability, growing demand for real-time data analytics, increasing complexity of building systems, greater use of cloud-based platforms, and rising interest in asset performance management. Key trends expected during this period include the development of sustainable energy models, integration with smart grids, innovations in smart building design, incorporation of building information modeling, and integration with cloud computing.

The growing use of cloud-based platforms is anticipated to accelerate the growth of the digital twin for buildings market. Cloud computing services provide on-demand access to various resources including storage, servers, and software over the internet, offering scalability, flexibility, and cost savings. The demand for these platforms is increasing because they allow for flexible resource allocation and reduce the need for expensive on-site infrastructure. Digital twins for buildings enhance cloud platforms by integrating real-time data and simulations, making them ideal for optimizing building performance and operations. These digital twins improve decision-making by providing valuable insights into maintenance, energy efficiency, and space usage. For instance, in December 2023, Eurostat, a government agency based in Luxembourg, reported that 45.2% of businesses purchased cloud computing services, up 4.2% from 41% in 2021. Consequently, the increased adoption of cloud-based platforms is driving the growth of the digital twin for buildings market.

Leading companies in the digital twin for buildings market are focusing on developing advanced solutions, such as Software as a Service (SaaS) digital twin platforms, to improve building performance, optimize energy efficiency, and streamline maintenance. A SaaS digital twin platform is a cloud-based software solution that creates a virtual replica of physical buildings or assets, enabling real-time monitoring, analysis, and optimization of building operations. For example, in October 2023, Nemetschek Group, a Germany-based software company, launched dTwin, a SaaS digital twin platform designed to provide data-driven insights for more efficient facility management across a building’s entire lifecycle, from design to operations. By integrating various building data sources, including real-time data from Internet of Things (IoT) sensors and other formats, dTwin delivers actionable insights via customizable dashboards and reports. Its open application programming interface (API) architecture ensures seamless system integration, enhancing visibility and efficiency, and enabling data-driven decision-making throughout the building lifecycle.

In December 2022, Hexagon AB, a Sweden-based software company, acquired LocLab Consulting GmbH for an undisclosed amount. This acquisition enables Hexagon AB to accelerate and automate the creation of scalable three-dimensional (3D) digital twins, further enhancing its smart digital reality platform to offer faster, more cost-effective, and intelligent solutions across various industries. LocLab Consulting GmbH, a Germany-based digital twin company, specializes in developing digital twins for buildings and infrastructure.

Major players in the digital twin for buildings market are Amazon Web Services Inc., Robert Bosch GmbH, Hitachi Ltd., Siemens AG, Microsoft Azure, General Electric Company, Accenture plc, International Business Machines Corporation, Oracle Corporation, Cisco Systems Inc., Honeywell International Inc., SAP SE, Fujitsu Limited, DXC Technology Company, Wipro Limited, Synopsys Inc., Dassault Systemes SE, Autodesk Inc., PTC Inc., and Bentley Systems Incorporated.

North America was the largest region in the digital twin for buildings market in 2024. The regions covered in digital twin for buildings report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the digital twin for buildings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A digital twin for buildings is a virtual representation of a physical structure that integrates real-time data and advanced technologies including Internet of Things (IoT) sensors, artificial intelligence (AI), and analytics. Its primary goal is to simulate, monitor, and optimize building performance, leading to enhanced efficiency, lower operational costs, and better decision-making in areas such as maintenance, energy management, and space utilization.

The key components of a digital twin for buildings include software and services. The software involves digital tools and platforms used to create, manage, and interact with the virtual model of a building. There are several types of digital twins, such as descriptive twins, informative twins, predictive twins, comprehensive twins, and autonomous twins. These digital twins are utilized for various functions, including automated progress tracking, comparing as-executed versus as-planned models, resource management, safety monitoring, quality control, equipment usage optimization, and tracking workers. They are widely applied across industries such as manufacturing, aerospace, oil and gas, utilities, healthcare, automotive, construction, IT and telecommunications, retail, and many others.

The digital twin for buildings market research report is one of a series of new reports that provides digital twin for buildings market statistics, including the digital twin for buildings industry's global market size, regional shares, competitors with the digital twin for buildings market share, detailed digital twin for buildings market segments, market trends and opportunities, and any further data you may need to thrive in the digital twin for buildings industry. This digital twin for buildings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The digital twin for buildings market consists of revenues earned by entities by providing services such as design and simulation, real-time monitoring and maintenance, energy management, data integration services, and construction and renovation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Digital Twin For Buildings Market Characteristics3. Digital Twin For Buildings Market Trends And Strategies4. Digital Twin For Buildings Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Digital Twin For Buildings Growth Analysis And Strategic Analysis Framework
5.1. Global Digital Twin For Buildings PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Digital Twin For Buildings Market Growth Rate Analysis
5.4. Global Digital Twin For Buildings Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Digital Twin For Buildings Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Digital Twin For Buildings Total Addressable Market (TAM)
6. Digital Twin For Buildings Market Segmentation
6.1. Global Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Software
  • Service
6.2. Global Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Descriptive Twin
  • Informative Twin
  • Predictive Twin
  • Comprehensive Twin
  • Autonomous Twin
6.3. Global Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Automated Progress Monitoring
  • As-executed Vs. As-Planned Models
  • Resource Management And Logistics
  • Safety Monitoring
  • Quality Assessment
  • Optimization Of Equipment Usage
  • Monitoring And Tracking Of Workers
6.4. Global Digital Twin For Buildings Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Manufacturing
  • Aerospace And Defense
  • Oil And Gas
  • Utilities
  • Healthcare And Life Sciences
  • Automotive
  • Construction
  • Information Technology And Telecommunications
  • Retail
  • Other Industries
6.5. Global Digital Twin For Buildings Market, Sub-Segmentation Of Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Three-Dimensional (3D) Modeling Software
  • Simulation Software
  • Data Analytics Software
  • Cloud-Based Software
  • Asset Management Software
  • Building Information Modeling Software
6.6. Global Digital Twin For Buildings Market, Sub-Segmentation Of Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Consulting Services
  • Integration Services
  • Support And Maintenance Services
  • Managed Services
7. Digital Twin For Buildings Market Regional And Country Analysis
7.1. Global Digital Twin For Buildings Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Digital Twin For Buildings Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Digital Twin For Buildings Market
8.1. Asia-Pacific Digital Twin For Buildings Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Digital Twin For Buildings Market
9.1. China Digital Twin For Buildings Market Overview
9.2. China Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Digital Twin For Buildings Market
10.1. India Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Digital Twin For Buildings Market
11.1. Japan Digital Twin For Buildings Market Overview
11.2. Japan Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Digital Twin For Buildings Market
12.1. Australia Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Digital Twin For Buildings Market
13.1. Indonesia Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Digital Twin For Buildings Market
14.1. South Korea Digital Twin For Buildings Market Overview
14.2. South Korea Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Digital Twin For Buildings Market
15.1. Western Europe Digital Twin For Buildings Market Overview
15.2. Western Europe Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Digital Twin For Buildings Market
16.1. UK Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Digital Twin For Buildings Market
17.1. Germany Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Digital Twin For Buildings Market
18.1. France Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Digital Twin For Buildings Market
19.1. Italy Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Digital Twin For Buildings Market
20.1. Spain Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Digital Twin For Buildings Market
21.1. Eastern Europe Digital Twin For Buildings Market Overview
21.2. Eastern Europe Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Digital Twin For Buildings Market
22.1. Russia Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Digital Twin For Buildings Market
23.1. North America Digital Twin For Buildings Market Overview
23.2. North America Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Digital Twin For Buildings Market
24.1. USA Digital Twin For Buildings Market Overview
24.2. USA Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Digital Twin For Buildings Market
25.1. Canada Digital Twin For Buildings Market Overview
25.2. Canada Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Digital Twin For Buildings Market
26.1. South America Digital Twin For Buildings Market Overview
26.2. South America Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Digital Twin For Buildings Market
27.1. Brazil Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Digital Twin For Buildings Market
28.1. Middle East Digital Twin For Buildings Market Overview
28.2. Middle East Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Digital Twin For Buildings Market
29.1. Africa Digital Twin For Buildings Market Overview
29.2. Africa Digital Twin For Buildings Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Digital Twin For Buildings Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Digital Twin For Buildings Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Digital Twin For Buildings Market Competitive Landscape And Company Profiles
30.1. Digital Twin For Buildings Market Competitive Landscape
30.2. Digital Twin For Buildings Market Company Profiles
30.2.1. Amazon Web Services Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Siemens AG Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Microsoft Azure Overview, Products and Services, Strategy and Financial Analysis
31. Digital Twin For Buildings Market Other Major And Innovative Companies
31.1. General Electric Company
31.2. Accenture plc
31.3. International Business Machines Corporation
31.4. Oracle Corporation
31.5. Cisco Systems Inc.
31.6. Honeywell International Inc.
31.7. SAP SE
31.8. Fujitsu Limited
31.9. DXC Technology Company
31.10. Wipro Limited
31.11. Synopsys Inc.
31.12. Dassault Systemes SE
31.13. Autodesk Inc.
31.14. PTC Inc.
31.15. Bentley Systems Incorporated
32. Global Digital Twin For Buildings Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Digital Twin For Buildings Market34. Recent Developments In The Digital Twin For Buildings Market
35. Digital Twin For Buildings Market High Potential Countries, Segments and Strategies
35.1 Digital Twin For Buildings Market In 2029 - Countries Offering Most New Opportunities
35.2 Digital Twin For Buildings Market In 2029 - Segments Offering Most New Opportunities
35.3 Digital Twin For Buildings Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright And Disclaimer

Executive Summary

Digital Twin For Buildings Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on digital twin for buildings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for digital twin for buildings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital twin for buildings market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Component: Software; Service
2) By Type: Descriptive Twin; Informative Twin; Predictive Twin; Comprehensive Twin; Autonomous Twin
3) By Application: Automated Progress Monitoring; As-executed Vs. As-Planned Models; Resource Management And Logistics; Safety Monitoring; Quality Assessment; Optimization Of Equipment Usage; Monitoring And Tracking Of Workers
4) By Industry: Manufacturing; Aerospace And Defense; Oil And Gas; Utilities; Healthcare And Life Sciences; Automotive; Construction; Information Technology And Telecommunications; Retail; Other Industries

Subsegments:

1) By Software: Three-Dimensional (3D) Modeling Software; Simulation Software; Data Analytics Software; Cloud-Based Software; Asset Management Software; Building Information Modeling Software
2) By Service: Consulting Services; Integration Services; Support And Maintenance Services; Managed Services

Key Companies Profiled: Amazon Web Services Inc.; Robert Bosch GmbH; Hitachi Ltd.; Siemens AG; Microsoft Azure

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Amazon Web Services Inc.
  • Robert Bosch GmbH
  • Hitachi Ltd.
  • Siemens AG
  • Microsoft Azure
  • General Electric Company
  • Accenture plc
  • International Business Machines Corporation
  • Oracle Corporation
  • Cisco Systems Inc.
  • Honeywell International Inc.
  • SAP SE
  • Fujitsu Limited
  • DXC Technology Company
  • Wipro Limited
  • Synopsys Inc.
  • Dassault Systemes SE
  • Autodesk Inc.
  • PTC Inc.
  • Bentley Systems Incorporated