Press release
Digital Twins Market Analysis Revealing Key Drivers & Growth Trends through 2027 | General Electric, IBM, PTC, Microsoft, Siemens AG, Ansys, SAP SE
Digital Twins Market Forecast to 2027
Digital twins can be described as dynamic digital or virtual replicas of physical assets or products. The technology is being used across numerous end-use industries owing to its potential in improving production layout, reducing operational costs, enhancing the productivity of the existing system, and reducing the Time to Market (TTM).
Increasing demand for digital twins in healthcare and pharmaceutical industries due to outbreak of COVID-19 pandemic is one of the major factors driving the growth of the market, Moreover, changing face of maintenance in various industries and adoption of digital twin technology to cope with COVID-19 crisis is anticipated to boost the growth of the market.
Top Companies Covered in this Report:
1. General Electric, 2. IBM, 3. PTC Inc, 4. Microsoft Corporation, 5. Siemens AG, 6. Ansys, Inc., 7. SAP SE, 8. Oracle Corporation, 9. Robert Bosch GmbH, 10. Swim.ai, Inc.
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What is the Market Scope?
The "Global Digital Twins Market Analysis to 2027"? is a specialized and in-depth study of the Digital twins market with a special focus on the global market trend analysis. The report aims to provide an overview of Digital twins market with detailed market segmentation by technology, type, industry. The global Digital twins market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Digital twins market player and offers key trends and opportunities in the Digital twins market.
What is the Market Segmentation?
The global Digital twins market is segmented on the basis of technology, type, industry. On the basis of technology, market is segmented as IoT and IIoT, block chain, artificial intelligence & machine learning, augmented reality, virtual reality, and mixed reality, big data analytics, 5G). On the basis of type, market is segmented as product digital twin, process digital twin, system digital twin. On the basis of industry, market is segmented as aerospace & defense, automotive & transportation, home & commercial, healthcare, energy & utilities, oil & gas, others
What is the Regional Framework?
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Digital twins market based on various segments. It also provides market size and forecast estimates from year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Digital twins market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Digital Twins Market Size
2.2 Digital Twins Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Digital Twins Market Size by Manufacturers
3.2 Digital Twins Key Players Head office and Area Served
3.3 Key Players Digital Twins Product/Solution/Service
3.4 Date of Enter into Digital Twins Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Digital Twins Sales by Product
4.2 Global Digital Twins Revenue by Product
4.3 Digital Twins Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Digital Twins Breakdown Data by End User
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