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Digital Twin Market Will Grow at a Healthy CAGR by 2025 Profiling Accenture plc, Capgemini SEInfosys Limited, TIBCO Software Inc., Wipro Limited, General Electric Company, Robert Bosch GmbH, Rockwell Automation

05-25-2020 11:06 AM CET | IT, New Media & Software

Press release from: DecResearch.com

Digital Twin Market Will Grow at a Healthy CAGR by 2025 Profiling

The digital twin market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these fall along the likes of the industry insights, growth drivers, industry segmentation, and trends worldwide. Also included in the research report is information pertaining to the companies partaking in the digital twin industry share and the information pertaining to the regulatory norms that impact the commercialization landscape of this vertical.

Request for Sample Copy of This Report @ https://www.decresearch.com/request-sample/detail/2196

As organizations embark on their digital transformation journey, the global digital twin market size is showing a consistent increase in consort with advancements in the Internet of Things, cloud, machine learning, artificial intelligence, and Industry 4.0 technologies. Digital twin industry trends are primarily driven by the technology's ability to dramatically enhance product performance while mitigating the risk and cost of new product introduction. Additionally, this newfangled technology can boost product realization time by eliminating some of the most time-consuming aspects of real-world product development.

The Major Key Players in the Market are as follows:
1. Accenture plc
2. Capgemini SE
3. IBM Corporation
4. Infosys Limited
5. Microsoft Corporation
6. Oracle Corporation
7. PTC Inc.
8. SAP SE
9. SAS Institute
10. TIBCO Software Inc.
11. Wipro Limited
12. Digital & Automation Players
13. ABB Group
14. Ansys Inc.
15. Autodesk
16. General Electric Company
17. Robert Bosch GmbH
18. Rockwell Automation
19. Schneider Electric SE
20. Siemens AG

With the rapid proliferation of the Internet of things, a slew of opportunities are knocking the doors of leading players operating in the market space. Moreover, with digital twins, it is possible that the data which is transferred between blocks can be highly protected and made universally transparent through the blockchain paradigm, thus inspiring global digital transformation. Speaking of the future outlook of this industry, market statistics indicate that the industry valuation is projected to exceed USD 20 billion by 2025.

What are the important points that the digital twin market report covers with respect to the Application landscape?
o The report segments the digital twin industry into Product Design & Development, Machine & Equipment Health Monitoring, Process Support & Service as per the Application spectrum.
o The market share that each of the Application segments account for in the industry currently, are provided in the report.
o The growth rate at which the Application categories will increase over the forecast period have been mentioned, in tandem with the target valuation that each of the sub-segments will accrue by the end of the projected period.

What are the important points that the digital twin market report covers with respect to the End Use landscape?
o The report segments the digital twin industry into Manufacturing, Healthcare, Automotive, Aerospace & Defense, Energy & Utility, Infrastructure Buildings, Retail & Consumer Goods as per the Application landscape.
o The market share that each of the End Use types will account for in the industry are provided in the report.
o The growth rate which the End Use segments will show over the forecast period in tandem with the valuation that each of the sub-segments will procure by the end of the projected period have been mentioned.

Other important pointers encompassed in the report:
o The digital twin market study presents a 360 degree synopsis of the industry in question, covering all the latest aspects possible.
o The numerous pricing trends prevalent in the digital twin market are presented in the report.
o Pertaining to the competitive landscape, the report also includes a snippet about the financial data of the companies included.
o A gist of the regulatory norms governing the market across the developed and developing economies has been enumerated in the study.
o For the sake of convenience, the digital twin market report also explicates on the market definitions referred to in the document.

Make an Inquiry for purchasing this Report @ https://www.decresearch.com/inquiry-before-buying/2196

An inherent collection of pivotal deliverables, the digital twin market study strives to educate stakeholders and prominent investors about the plausible scenario that this industry may be defined by in the ensuing years. Comprising significant details subject to the industry impact forces, digital twin market market report also presents a SWOT analysis, Porter's analysis, and a gist on the industry pitfalls and challenges.

Contact Us:
DecResearch.com
Website: - https://www.decresearch.com/
Email: info@decresearch.com

About DecResearch.com:
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

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