Digital Twin Global Market Report 2023: Increasing Adoption of Enabling Technologies Such as Artificial Intelligence, Enterprise Internet of Things Platforms, and Virtual Reality Boosts Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Digital Twin Market Size, Share, Trends and Analysis by Region, Product and Service, Vertical and Segment Forecast, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The digital twin market size was valued at US$9.38 billion in 2021. The market is expected to grow at a CAGR of 36.3% during 2022-2030. The study provides an executive-level overview of the digital twin market worldwide today, with detailed forecasts of key indicators up to 2030

This market intelligence report offers a thorough, forward-looking analysis of the global digital twin market by product/service and vertical and key opportunities in a concise format to help executives build proactive and profitable growth strategies.

The global digital twin market size was valued at US$ 9.38 billion in 2021 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 36.3% during 2022-2030. The market growth is primarily driven by the increasing adoption of enabling technologies such as Artificial Intelligence (AI), Enterprise Internet of Things (IoT) platforms, Augmented Reality (AR), and Virtual Reality (VR) in the manufacturing and construction sector.

Scope

• This report provides overview and service addressable market for digital twin market
• It identifies the key trends impacting growth of the market over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
• It includes global market forecasts for the digital twin Market and analysis of patents, company filings, and hiring trends.
• It contains details of M&A deals in the digital twin space, and a timeline highlighting milestones in the development of Digital twin market
• The detailed value chain consists of six layers: Physical layer, Connectivity layer, Data Layer, Platform Layer, App Layer, and Service layer.

Reasons to Buy

• This market intelligence report offers a thorough, forward-looking analysis of the global digital twin market product/service, and vertical their key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying the publisher's Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in the digital twin market.
• The report highlights the product/service segment (software and services) and key vertical segments (manufacturing, construction, medical devices & pharmaceutical, defense, transportation & logistics, energy, utilities, and others)
• With more than 50 figures and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in the digital twin market.
• The broad perspective of the report coupled with comprehensive, actionable detail will help technology stakeholders, service providers, and other market players succeed in growing the digital twin market globally.

Key Topics Covered:

CHAPTER 01 Executive Summary

1.1 Digital Twin Market Snapshot, 2022-2030

CHAPTER 02 Research Scope & Segmentation

2.1 Introduction

2.2 Digital Twin Market Segmentation and Definitions

2.2.1 Product/Service

2.2.2 Vertical

CHAPTER 03 Digital Twin Industry Trend Analysis

3.1 Digital Twin - Industry Value Chain

3.1.1 Physical Layer

3.1.2 Connectivity layer: Key Leaders & Disruptors

3.1.2.1 Edge computing

3.1.2.2 Cloud and HPC infrastructure

3.1.3 Data Layer- Key Leaders & Disruptors

3.1.3.1 Data governance and security

3.1.3.2 Business Intelligence

3.1.3.3 Data Storage

3.1.3.4 Data Analysis

3.1.3.5 Data Integration

3.1.3.6 Data Processing

3.1.3.7 Data Integration

3.1.4 Platform Layer- Key Leaders & Disruptors

3.1.5 App Layer- Key Leaders & Disruptors

3.1.5.1 Virtual and augmented reality

3.1.5.2 Streaming analytics tools

3.1.5.3 Visualization software

3.1.5.4 Simulation software

3.1.6 Service Layer- Key Leaders & Disruptors

3.2 Digital Twin Market Structure - Porter's Five Force Model Analysis

3.3 Digital Twin Market- PEST Analysis

3.4 Digital Twin - Market Variables & Impact Analysis

3.4.1 Market Driver Analysis

3.4.1.1 Technology Trends

3.4.1.1.1 6G

3.4.1.1.2 Digital partnerships

3.4.1.1.3 Personalized medicine

3.4.1.1.4 Data cleansing

3.4.1.2 Macroeconomic Trends

3.4.1.2.1 Creating national digital twins

3.4.1.2.2 Digital twins and climate change

3.4.2 Market Challenges/Impediments

3.4.2.1 Need to address the cyber threats

3.4.2.2 Creating a common language

3.4.2.3 Standards and interoperability

3.4.2.4 Security

3.4.2.5 Data cleanliness

3.5 Digital Twin Market - Mergers & Acquisitions (M&A), 2018-2022

3.5.1 Digital Twin M&A Activity Dashboard, 2018-2022

3.6 Digital Twin Market - Patent Analysis, 2018-2022

3.6.1 Digital Twin Patent Analytics Dashboard, 2018-2022

3.7 Digital Twin Market- Job Analysis, 2019-YTD 2023

3.7.1 Digital Twin Job Analytics Dashboard, 2019-YTD 2023

3.8 Digital Twin Market- Venture Financing Analysis, 2018-2022

3.8.1 Digital Twin Venture Financing Dashboard, 2018-2022

3.9 Digital Twin Market- Social Media Analysis, 2018-2022

3.9.1 Digital Twin Market Social Media Analytics Dashboard, 2018-2022

3.10 Use Cases

3.10.1 Manufacturing

3.10.2 Power

3.10.3 Oil & gas

3.10.4 Healthcare

3.10.5 Construction

3.10.6 Automotive

3.10.7 Aerospace & Defense

3.10.8 Government

3.10.9 Logistics

CHAPTER 04 Global Digital Twin Market Revenue Opportunity

CHAPTER 05 Digital Twin Market Regional Outlook

CHAPTER 06 Global Digital Twin Competitive Landscape

CHAPTER 07 Methodology and Scope

A selection of companies mentioned in this report includes

• Ansys Inc
• Autodesk Inc
• Amazon Web Services (AWS)
• Bentley Systems Inc
• Dassault Systemes SE
• GE Digital
• IBM Corporation
• Microsoft Corporation
• Siemens AG
• Schneider Electric
• Zip Co Ltd

For more information about this report visit https://www.researchandmarkets.com/r/glrzxj-twin?w=4

Source: GlobalData

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