Digital Thread Market Set to Grow at a CAGR of 47.6% During 2018-2025 With Top Players ( IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation )

Summary:
Garner Insights has added a new research report titled, ‘ Digital Thread Market Professional Survey Report 2018’ to its vast collection of research reports.

This report examines and evaluates the market for‘  Digital Thread market’ at a and regional scale. Digital thread is usually mentioned with digital twin, they are two concepts to deliver new customer-centric experiences powered by digital. Digital thread refers to the communication framework that allows a connected data flow and integrated view of the asset’s data throughout its lifecycle across traditionally siloed functional perspectives. The digital thread concept raises the bar for delivering “the right information to the right place at the right time.”
Digital Thread can be classified to parts type and system type, parts type players are like Siemens and IBM, system players are like GE.
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In 2017, the global Digital Thread market size was 100 million US$ and it is expected to reach 2230 million US$ by the end of 2025, with a CAGR of 47.6% during 2018-2025.

Digital Thread is first used for Aerospace & Defense, but it can be used for Automotive & Transportation, Machine Manufacturing, Energy & Utilities, and Other industry. And Automotive & Transportation, Machine Manufacturing, Energy & Utilities are the widest area which took up about 85% of the global total in 2017.
GE, PTC, Siemens, Dassault Systèmes, IBM and Oracle are the key suppliers in the global Digital Thread market. Top 3 took up above 70% of the global market in 2017.

The key players covered in this study
General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation

Market segment by Type, the product can be split into
Parts Type, stem Type

Market segment by Application, split into
Aerospace & Defense, Automotive & Transportation, Machine Manufacturing, Energy & Utilities, Others

Market segment by Regions/Countries, this report covers
United States, Europe, China, Japan, Southeast Asia, India, Central & South America

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About ICT Industry:

This industry faces substantial changes that result in exceptional opposition and the need for consistent development. A trend that independently fuels the ICT Media sector is digitization, the transformational effect of the mass adoption of connected digital technologies on organizations, governments, and purchasers alike have played a central role in the development of all the organizations based on ICT. Detonating data traffic, the penetration of over-the-top (OTT) content, the trend of robotization and the deployment and development of 4G and 5G systems are only a couple of illustrations that assert the progression of the ICT Media industry.

Reasons to Purchase the Report:

-To understand the impact of the end-user applications on the Digital Thread Market.
-Study the different dynamics of the Digital Thread Market by Industry Analysis.
-Extensive analysis of the revenue generation information, market size, share, value, volume, price, and cost.
-Regions and countries that are likely to lead and witness the fastest growth of the market.
-Analyze the technological advancements, innovations, key developments, and market endeavors followed by the leading industry participants.

Download the full report: http://bit.ly/2NASUib

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This release was published on openPR.