This report describes and explains the digital twin (excluding automotive) market and covers 2020-2025, termed the historic period and 2025-2030, 2035F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global digital twin (excluding automotive) market reached a value of nearly $22.12 billion in 2025, having grown at a compound annual growth rate (CAGR) of 35% since 2020. The market is expected to grow from $22.12 billion in 2025 to $83.7 billion in 2030 at a rate of 30.5%. The market is then expected to grow at a CAGR of 27.5% from 2030 and reach $282.52 billion in 2035.
Growth in the historic period resulted from the expansion of smart‑city initiatives, expansion of digital transformation strategies, growing environmental compliance and emissions monitoring mandates and increasing adoption in high-value industrial sectors. Factors that negatively affected growth in the historic period were high initial implementation costs and data security and privacy concerns.
Going forward, the expansion of connected digital infrastructure, rising investment in renewable energy and smart grids, increased government funding for digital infrastructure and resilience planning and rise of low-code or no-code industrial analytics platforms will drive the growth. Factors that could hinder the growth of the digital twin (excluding automotive) market in the future include shortage of skilled professionals and expertise gaps, regulatory and compliance concerns and impact of trade war and tariffs.
The digital twin (excluding automotive) market is segmented by type into product digital twin, process digital twin and system digital twin. The product digital twin market was the largest segment of the digital twin (excluding automotive) market segmented by type, accounting for 39.4% or $8.71 billion of the total in 2025. Going forward, the system digital twin segment is expected to be the fastest growing segment in the digital twin (excluding automotive) market segmented by type, at a CAGR of 35.4% during 2025-2030.
The digital twin (excluding automotive) market is segmented by technology into IoT, IIoT, blockchain, artificial intelligence and machine learning, extended reality and other technology, big data analytics and 5G. The artificial intelligence and machine learning market was the largest segment of the digital twin (excluding automotive) market segmented by technology, accounting for 23.5% or $5.18 billion of the total in 2025. Going forward, the artificial intelligence and machine learning segment is expected to be the fastest growing segment in the digital twin (excluding automotive) market segmented by technology, at a CAGR of 36.2% during 2025-2030.
The digital twin (excluding automotive) market is segmented by application into land digital twin applications (excluding automotive), air digital twin applications and sea digital twin applications. The land digital twin applications (excluding automotive) market was the largest segment of the digital twin (excluding automotive) market segmented by application, accounting for 48.6% or $10.75 billion of the total in 2025. Going forward, the sea digital twin segment is expected to be the fastest growing segment in the digital twin (excluding automotive) market segmented by application, at a CAGR of 32.2% during 2025-2030.
North America was the largest region in the digital twin (excluding automotive) market, accounting for 35% or $7.75 billion of the total in 2025. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the digital twin (excluding automotive) market will be Asia Pacific and Eastern Europe where growth will be at CAGRs of 36.2% and 30.7% respectively. These will be followed by South America and Western Europe where the markets are expected to grow at CAGRs of 30.6% and 27.4% respectively.
The global digital twin (excluding automotive) market is fragmented, with large number of small players operating in the market. The top 10 competitors in the market made up 19.99% of the total market in 2024. Siemens AG was the largest competitor with a 2.80% share of the market, followed by Dassault Systèmes SE with 2.47%, Microsoft Corp (Azure Digital Twins) with 2.25%, General Electric (GE Vernova) with 2.05%, PTC Inc. with 1.96%, International Business Machines Corporation (IBM) with 1.88%, SAP SE with 1.81%, ABB Ltd. with 1.63%, Schneider Electric SE with 1.59% and Ansys Inc. with 1.53%.
The top opportunities in the digital twin (excluding automotive) markets segmented by type will arise in the process digital twin segment, which will gain $22.22 billion of global annual sales by 2030. The top opportunities in the digital twin (excluding automotive) markets segmented by technology will arise in the artificial intelligence and machine learning segment, which will gain $19.16 billion of global annual sales by 2030. The top opportunities in the digital twin (excluding automotive) markets segmented by application will arise in the land digital twin applications (excluding automotive) segment, which will gain $30.91 billion of global annual sales by 2030. The digital twin (excluding automotive) market size will gain the most in the USA at $15.29 billion.
Market-trend-based strategies for the digital twin (excluding automotive) market include focus on leveraging artificial intelligence (AI)-driven, high-fidelity digital twins, focus on establishing simulation-before-deployment strategies, focus on artificial intelligence (AI)-enabled, real-time Earth-scale digital twins that integrate multi-sensor data, focus on supporting advanced situational awareness, simulation and decision-making for defense, disaster response and critical infrastructure applications, focus on enabling the use of lightweight, high-fidelity digital twin platforms, focus on developing research-driven, biologically informed digital twins, focus on artificial intelligence (AI)-powered, photorealistic digital twins for product visualization, focus on enabling uses on real-time, geospatially enabled digital twins for ports and maritime operations and focus on artificial intelligence (AI)- and internet of things (IoT)-enabled digital twins.
Player-adopted strategies in the digital twin (excluding automotive) market include focus on developing new product solutions to expand business expertise, focus on expanding operational capabilities through new launches, focus on strategic partnerships to develop business expertise and focus on expanding business capabilities through new developments.
To take advantage of the opportunities, the analyst recommends the digital twin (excluding automotive) companies to focus on AI-driven digital twins for manufacturing and supply chain efficiency. focus on simulation-first digital twins for autonomous platforms, focus on AI-enabled live earth digital twins for situational awareness, focus on ai-driven enterprise simulation for safe ai deployment, focus on lightweight ai-enhanced digital twins for infrastructure management, focus on biologically informed digital twins for sustainable aquaculture, focus on ai-powered photorealistic digital twins for scalable product visualization, focus on real-time geospatial digital twins for port and maritime operations, focus on ai- and IOT-enabled digital twins for airport operations, focus on system digital twins for enterprise and infrastructure growth, focus on artificial intelligence and machine learning for accelerated digital twin growth, expand in emerging markets, continue to focus on developed markets, focus on expanding distribution channels to broaden market reach, focus on digital marketing and thought leadership to drive awareness, focus on event-based and partner-led promotion for market penetration, focus on sea digital twin applications for rapid market expansion.
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The global digital twin (excluding automotive) market reached a value of nearly $22.12 billion in 2025, having grown at a compound annual growth rate (CAGR) of 35% since 2020. The market is expected to grow from $22.12 billion in 2025 to $83.7 billion in 2030 at a rate of 30.5%. The market is then expected to grow at a CAGR of 27.5% from 2030 and reach $282.52 billion in 2035.
Growth in the historic period resulted from the expansion of smart‑city initiatives, expansion of digital transformation strategies, growing environmental compliance and emissions monitoring mandates and increasing adoption in high-value industrial sectors. Factors that negatively affected growth in the historic period were high initial implementation costs and data security and privacy concerns.
Going forward, the expansion of connected digital infrastructure, rising investment in renewable energy and smart grids, increased government funding for digital infrastructure and resilience planning and rise of low-code or no-code industrial analytics platforms will drive the growth. Factors that could hinder the growth of the digital twin (excluding automotive) market in the future include shortage of skilled professionals and expertise gaps, regulatory and compliance concerns and impact of trade war and tariffs.
The digital twin (excluding automotive) market is segmented by type into product digital twin, process digital twin and system digital twin. The product digital twin market was the largest segment of the digital twin (excluding automotive) market segmented by type, accounting for 39.4% or $8.71 billion of the total in 2025. Going forward, the system digital twin segment is expected to be the fastest growing segment in the digital twin (excluding automotive) market segmented by type, at a CAGR of 35.4% during 2025-2030.
The digital twin (excluding automotive) market is segmented by technology into IoT, IIoT, blockchain, artificial intelligence and machine learning, extended reality and other technology, big data analytics and 5G. The artificial intelligence and machine learning market was the largest segment of the digital twin (excluding automotive) market segmented by technology, accounting for 23.5% or $5.18 billion of the total in 2025. Going forward, the artificial intelligence and machine learning segment is expected to be the fastest growing segment in the digital twin (excluding automotive) market segmented by technology, at a CAGR of 36.2% during 2025-2030.
The digital twin (excluding automotive) market is segmented by application into land digital twin applications (excluding automotive), air digital twin applications and sea digital twin applications. The land digital twin applications (excluding automotive) market was the largest segment of the digital twin (excluding automotive) market segmented by application, accounting for 48.6% or $10.75 billion of the total in 2025. Going forward, the sea digital twin segment is expected to be the fastest growing segment in the digital twin (excluding automotive) market segmented by application, at a CAGR of 32.2% during 2025-2030.
North America was the largest region in the digital twin (excluding automotive) market, accounting for 35% or $7.75 billion of the total in 2025. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the digital twin (excluding automotive) market will be Asia Pacific and Eastern Europe where growth will be at CAGRs of 36.2% and 30.7% respectively. These will be followed by South America and Western Europe where the markets are expected to grow at CAGRs of 30.6% and 27.4% respectively.
The global digital twin (excluding automotive) market is fragmented, with large number of small players operating in the market. The top 10 competitors in the market made up 19.99% of the total market in 2024. Siemens AG was the largest competitor with a 2.80% share of the market, followed by Dassault Systèmes SE with 2.47%, Microsoft Corp (Azure Digital Twins) with 2.25%, General Electric (GE Vernova) with 2.05%, PTC Inc. with 1.96%, International Business Machines Corporation (IBM) with 1.88%, SAP SE with 1.81%, ABB Ltd. with 1.63%, Schneider Electric SE with 1.59% and Ansys Inc. with 1.53%.
The top opportunities in the digital twin (excluding automotive) markets segmented by type will arise in the process digital twin segment, which will gain $22.22 billion of global annual sales by 2030. The top opportunities in the digital twin (excluding automotive) markets segmented by technology will arise in the artificial intelligence and machine learning segment, which will gain $19.16 billion of global annual sales by 2030. The top opportunities in the digital twin (excluding automotive) markets segmented by application will arise in the land digital twin applications (excluding automotive) segment, which will gain $30.91 billion of global annual sales by 2030. The digital twin (excluding automotive) market size will gain the most in the USA at $15.29 billion.
Market-trend-based strategies for the digital twin (excluding automotive) market include focus on leveraging artificial intelligence (AI)-driven, high-fidelity digital twins, focus on establishing simulation-before-deployment strategies, focus on artificial intelligence (AI)-enabled, real-time Earth-scale digital twins that integrate multi-sensor data, focus on supporting advanced situational awareness, simulation and decision-making for defense, disaster response and critical infrastructure applications, focus on enabling the use of lightweight, high-fidelity digital twin platforms, focus on developing research-driven, biologically informed digital twins, focus on artificial intelligence (AI)-powered, photorealistic digital twins for product visualization, focus on enabling uses on real-time, geospatially enabled digital twins for ports and maritime operations and focus on artificial intelligence (AI)- and internet of things (IoT)-enabled digital twins.
Player-adopted strategies in the digital twin (excluding automotive) market include focus on developing new product solutions to expand business expertise, focus on expanding operational capabilities through new launches, focus on strategic partnerships to develop business expertise and focus on expanding business capabilities through new developments.
To take advantage of the opportunities, the analyst recommends the digital twin (excluding automotive) companies to focus on AI-driven digital twins for manufacturing and supply chain efficiency. focus on simulation-first digital twins for autonomous platforms, focus on AI-enabled live earth digital twins for situational awareness, focus on ai-driven enterprise simulation for safe ai deployment, focus on lightweight ai-enhanced digital twins for infrastructure management, focus on biologically informed digital twins for sustainable aquaculture, focus on ai-powered photorealistic digital twins for scalable product visualization, focus on real-time geospatial digital twins for port and maritime operations, focus on ai- and IOT-enabled digital twins for airport operations, focus on system digital twins for enterprise and infrastructure growth, focus on artificial intelligence and machine learning for accelerated digital twin growth, expand in emerging markets, continue to focus on developed markets, focus on expanding distribution channels to broaden market reach, focus on digital marketing and thought leadership to drive awareness, focus on event-based and partner-led promotion for market penetration, focus on sea digital twin applications for rapid market expansion.
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Executive Summary
Digital Twin (Excluding Automotive) Global Market Opportunities and Strategies to 2035 provides the strategists; marketers and senior management with the critical information they need to assess the global digital twin (excluding automotive) market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
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- 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 research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Description
Where is the largest and fastest-growing market for digital twin (excluding automotive)? 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 (excluding automotive) 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 history and forecasts market growth by geography. It places the market within the context of the wider digital twin (excluding automotive) market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by component and by application.
- Key Trends Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis and Strategic Analysis Framework Analysis on PESTEL, end use industries, market growth rate, global historic (2020-2025) and forecast (2025-2030, 2035F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Regional and Country Analysis Historic (2020-2025) and forecast (2025-2030, 2035F) market values and growth and market share comparison by region and country.
- Market Segmentation Contains the market values (2020-2025) (2025-2030, 2035F) and analysis for each segment by type, by technology and by application in the market. Historic (2020-2025) and forecast (2025-2030) and (2020-2035) market values and growth and market share comparison by region market.
- Regional Market Size and Growth Regional market size (2025), historic (2020-2025) and forecast (2025-2030, 2035F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking Briefs on the financials comparison between major players in the market.
- Competitive Dashboard Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments Information on recent developments in the market covered in the report.
- Market Opportunities and Strategies-Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations-This section includes recommendations for digital twin (excluding automotive) providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report
1) By Type: Product Digital Twin; Process Digital Twin; System Digital Twin
2) By Technology: IoT; IIoT; Blockchain; Artificial Intelligence and Machine Learning; Extended Reality and Other Technology; Big Data Analytics; 5G
3) By Application: Land Digital Twin Applications (Excluding Automotive); Air Digital Twin Applications; Sea Digital Twin Applications
Companies Mentioned: Siemens AG; Dassault Systèmes SE; Microsoft Corp (Azure Digital Twins); General Electric (GE Vernova); PTC Inc.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
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; digital twin (excluding automotive) indicators comparison.
Data segmentations: 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.
Companies Mentioned
- Siemens AG
- Dassault Systèmes SE
- Microsoft Corp (Azure Digital Twins)
- General Electric (GE Vernova)
- PTC Inc.
- International Business Machines Corporation (IBM)
- SAP SE
- ABB Ltd.
- Schneider Electric SE
- Ansys Inc.
- Hitachi Ltd.
- NEC Corporation
- Fujitsu Limited
- Yokogawa Electric Corporation
- Huawei Technologies Co. Ltd.
- Alibaba Group Holding Limited (Alibaba Cloud)
- Willow Technology Corporation
- Hexacoder Technologies
- Seequent
- CHAM New Energy Co., Ltd
- Genesys International
- 51World
- FARO
- Esri India
- ETAP
- Hexagon AB
- Schneider Electric
- Airbus
- Atos
- Esri France
- Cadence
- Dassault Systèmes
- Kongsberg Digital
- Robert Bosch
- Eserv (Energy Services International Ltd)
- Schneider Electric SE
- The International Business Machines Corporation
- Microsoft Corporation
- Ansys, Inc
- General Electric Company
- Oracle Corporation
- PTC
- Bentley Systems
- FARO Technologies
- SAS Institute Inc
- Altair Engineering Inc.
- Unity Technologies
- HoloBuilder Inc
- Smart Spatial
- CIT4LIFE
- ReStudio
- Axilion
- Beeah Group
- Neom Tech & Digital Company
- Oracle
- Experion Technologies
- Nice Software Solutions
- Mevea Ltd
- Babcock International Group
- IBM
- Microsoft Corp.
- Oracle Corp.
- Bosch AG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 607 |
| Published | May 2026 |
| Forecast Period | 2025 - 2035 |
| Estimated Market Value ( USD | $ 22.12 Billion |
| Forecasted Market Value ( USD | $ 282.52 Billion |
| Compound Annual Growth Rate | 29.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 63 |
