Digital Twin Market by Application (Product, Production, and Performance) and by End-Use Industry (Automotive, Aerospace & Defense, Retail, Energy & Utilities, Healthcare, Logistics & Transportation, Electronics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global digital twin market expected to reach USD 29.1 billion by 2025, at a rate of 37.3% between 2019 and 2025. The digital twin technology has been widely used in tracking aircrafts to ensure the safety of their day-to-day travels. This technology is also used in developing digital models for commercial aircrafts.

13-May-2019 | Number of pages: 126 | Report Code: ZMR-4110 | Report Format : | Status : Published

Abstract

The report analyzes and forecasts the digital twin market on a global and regional level. The study offers past data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The assessment of the digital twin market dynamics gives a brief insight into the drivers and restraints market along with their impact on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the digital twin market on a global level.

The report gives a transparent view of the global digital twin market. We have included a detailed competitive scenario and portfolio of leading market vendors. To understand the competitive landscape in the digital twin market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Digital Twin Market

The study provides a crucial view of the digital twin market based on application, end-use industry, and region. All the segments of the digital twin market have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Product, production, and performance form the application segment of the global digital twin market. The end-use industry segment is divided into automotive, aerospace and defense, retail, energy and utilities, healthcare, logistics and transportation, electronics, and others. The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe with further classification into the U.S., Canada, Mexico, UK, France, Germany, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Argentina, UAE, Saudi Arabia, and South Africa.

Some noticeable companies operating in the global digital twin market include IBM Corporation, SAP, Siemens, Microsoft Corporation, PTC, General Electric, Oracle Corporation, ABB, and Dassault Systèmes.

This report segments the global digital twin market into:

Global Digital Twin Market: Application Analysis

  • Product
  • Production
  • Performance

Global Digital Twin Market: End-Use Industry Analysis

  • Automotive
  • Aerospace and Defense
  • Retail
  • Energy and Utilities
  • Healthcare
  • Logistics and Transportation
  • Electronics
  • Others

Global Digital Twin Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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