Description

According to StrategyHelix, the global digital twin market is expected to increase by US$ 48.2 billion during 2022-2028, expanding at a CAGR of 36.3% during the forecast period.

The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for digital twin. The global digital twin market is segmented on the basis of type, application, deployment mode, end user, and region. Based on type, the global digital twin market is categorized into process digital twin, product digital twin, system digital twin. The system digital twin segment captured the largest share of the market in 2021. On the basis of application, the global digital twin market has been segmented into performance monitoring, predictive maintenance, product design and development, supply chain and inventory management, others. The predictive maintenance segment held the largest share of the global digital twin market in 2021 and is anticipated to hold its share during the forecast period. By deployment mode, the global digital twin market has been segmented into cloud, on-premises, hybrid. Based upon end user, the global digital twin market is categorized into aerospace and defense, agriculture, automotive and transportation, energy and utilities, healthcare, smart cities, others. Among these, the automotive and transportation segment was accounted for the highest revenue generator in 2021. Geographically, the global digital twin market is segmented into Asia Pacific, Europe, North America, Rest of the World (RoW).

The global digital twin market is highly competitive. The leading players in the digital twin market include ABB Ltd., Ansys Inc., Autodesk Inc., AVEVA Group plc, Bentley Systems Incorporated, Dassault Systemes SE, GE Digital, IBM Corporation, Infosys Ltd., Microsoft Corporation, Oracle Corporation, PTC Inc., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Tibco Software Inc. Competitive landscape gives a description of the competitive nature of the global digital twin market and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the digital twin market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope

Type: process digital twin, product digital twin, system digital twin
Application: performance monitoring, predictive maintenance, product design and development, supply chain and inventory management, others
Deployment mode: cloud, on-premises, hybrid
End user: aerospace and defense, agriculture, automotive and transportation, energy and utilities, healthcare, smart cities, others
Region: Asia Pacific, Europe, North America, Rest of the World (RoW)
Years considered: this report covers the period 2018 to 2028
Company mentioned: ABB Ltd., Ansys Inc., Autodesk Inc., AVEVA Group plc, Bentley Systems Incorporated, Dassault Systemes SE, GE Digital, IBM Corporation, Infosys Ltd., Microsoft Corporation, Oracle Corporation, PTC Inc., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Tibco Software Inc.

Key Benefits for Stakeholders

– Get a comprehensive picture of the global digital twin market
– Pinpoint growth sectors and trends for investment

Table of Contents

Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Digital twin market overview
Part 3. Market breakdown by type
– Process digital twin
– Product digital twin
– System digital twin
Part 4. Market breakdown by application
– Performance monitoring
– Predictive maintenance
– Product design and development
– Supply chain and inventory management
– Others
Part 5. Market breakdown by deployment mode
– Cloud
– On-premises
– Hybrid
Part 6. Market breakdown by end user
– Aerospace and defense
– Agriculture
– Automotive and transportation
– Energy and utilities
– Healthcare
– Smart cities
– Others
Part 7. Market breakdown by region
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)
Part 8. Key companies
– ABB Ltd.
– Ansys, Inc.
– Autodesk, Inc.
– AVEVA Group plc
– Bentley Systems, Incorporated
– Dassault Systemes SE
– GE Digital
– IBM Corporation
– Infosys Ltd.
– Microsoft Corporation
– Oracle Corporation
– PTC Inc.
– Robert Bosch GmbH
– Rockwell Automation, Inc.
– SAP SE
– Schneider Electric SE
– Tibco Software Inc.
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