Digital Twins in Sweden

Summary

Digital Twins in Sweden industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

Digital twin includes a software/platform that is used to develop a virtual representation of a component, asset, system, or enterprise. The visual representation of these types of digital twins is carried out by various enabling technologies that include Enterprise Internet of Things (IoT) platforms, asset performance management software, analytics software, or simulation tools created by various software vendors and service providers. The market includes service revenue generated by software vendors offering digital twin software/platform and third-party service providers, who do not have an indigenous platform but rather rely on the former to develop their own customized platform.
The Swedish digital twins market recorded a revenue of $600.4 million in 2025, and the value increased with a CAGR of 38.1% between 2020 and 2025.
The manufacturing segment accounted for the market's largest proportion in 2025, with total revenue of $228.2 million, equivalent to 38.0% of the market's overall value.
In 2025, Sweden held a 7.0% share of the European digital twins market.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the digital twins market in Sweden
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the digital twins market in Sweden
Leading company profiles reveal details of key digital twins market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Sweden digital twins market with five year forecasts

Reasons to Buy

What was the size of the Sweden digital twins market by value in 2025?
What will be the size of the Sweden digital twins market in 2030?
What factors are affecting the strength of competition in the Sweden digital twins market?
How has the market performed over the last five years?
What are the main segments that make up Sweden's digital twins market?

1 Executive Summary

1.1. Market Value
1.2. Market Value Forecast
1.3. Category Segmentation
1.4. Geography Segmentation
1.5. Market Rivalry
1.6. Competitive Landscape

2 Market Overview

2.1. Market Definition
2.2. Market Analysis

3 Market Data

3.1. Market Value

4 Market Segmentation

4.1. Category Segmentation
4.2. Geography Segmentation

5 Market Outlook

5.1. Market Value Forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer Power
6.3. Supplier Power
6.4. New Entrants
6.5. Threat Of Substitutes
6.6. Degree Of Rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the challenges in the market?

8 Company Profiles

8.1. ABB Ltd
8.2. WSP Global Inc
8.3. Hexagon AB
8.4. Telefonaktiebolaget LM Ericsson

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Related the Analyst Research
10.3. About the Analyst

List of Tables

Table 1: Sweden Digital Twin Market Value: $ Million, 2020-25
Table 2: Sweden Digital Twin Market Category Segmentation: % Share, By Value, 2020-25
Table 3: Sweden Digital Twin Market Category Segmentation: $ Million, 2020-25
Table 4: Sweden Digital Twin Market Geography Segmentation: $ Million, 2025
Table 5: Sweden Digital Twin Market Value Forecast: $ Million, 2025-30
Table 6: ABB Ltd: Key Facts
Table 7: ABB Ltd: annual financial ratios
Table 8: ABB Ltd: key employees
Table 9: WSP Global Inc: Key Facts
Table 10: WSP Global Inc: annual financial ratios
Table 11: WSP Global Inc: key employees
Table 12: WSP Global Inc: key employees Continued
Table 13: Hexagon AB: Key Facts
Table 14: Hexagon AB: annual financial ratios
Table 15: Hexagon AB: key employees
Table 16: Hexagon AB: key employees Continued
Table 17: Telefonaktiebolaget LM Ericsson: Key Facts
Table 18: Telefonaktiebolaget LM Ericsson: annual financial ratios
Table 19: Telefonaktiebolaget LM Ericsson: key employees
Table 20: Telefonaktiebolaget LM Ericsson: key employees Continued
Table 21: Sweden Size Of Population (Million), 2021-25
Table 22: Sweden Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 23: Sweden GDP (Current Prices, $ Billion), 2021-25
Table 24: Sweden Inflation, 2021-25
Table 25: Sweden Consumer Price Index (Absolute), 2021-25
Table 26: Sweden Exchange Rate, 2020-25

List of Figures

Figure 1: Sweden Digital Twin Market Value: $ Million, 2020-25
Figure 2: Sweden Digital Twin Market Category Segmentation: $ Million, 2020-25
Figure 3: Sweden Digital Twin Market Geography Segmentation: % Share, By Value, 2025
Figure 4: Sweden Digital Twin Market Value Forecast: $ Million, 2025-30
Figure 5: Forces Driving Competition In The Digital Twin Market In Sweden, 2025
Figure 6: Drivers Of Buyer Power In The Digital Twin Market In Sweden, 2025
Figure 7: Drivers Of Supplier Power In The Digital Twin Market In Sweden, 2025
Figure 8: Factors Influencing The Likelihood Of New Entrants In The Digital Twin Market In Sweden, 2025
Figure 9: Factors Influencing The Threat Of Substitutes In The Digital Twin Market In Sweden, 2025
Figure 10: Drivers Of Degree Of Rivalry In The Digital Twin Market In Sweden, 2025

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

ABB Ltd
WSP Global Inc
Hexagon AB
Telefonaktiebolaget LM Ericsson

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€463EUR$500USD£391GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€695EUR$750USD£587GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€926EUR$1,000USD£783GBP