Press release
2019 Digital Thread Market Reach US$ 1110 million at 49.6% CAGR Lead by General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation
“Over the next five years, Digital Thread will register a 49.6% CAGR in terms of revenue, reach US$ 1110 million by 2023, from US$ 100 million in 2017.”
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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.
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.
Key Players including:
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
This report focuses on the Digital Thread Market in global market, especially in Americas United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa Egypt, South Africa and more.
Segmentation by product type:
Parts Type
System Type
Segmentation by application:
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
Table of Contents
1 Scope of the Report
2 Executive Summary
3 Global Digital Thread by Players
4 Digital Thread by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Key Players Analysis
12 Research Findings and Conclusion
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