Press release
Digital Twin Market Size | COVID-19 Impact Analysis | Forecast to 2027
Digital Twin market is valued at 1486 million USD in 2017 and is expected to reach 18 billion USD by the end of 2027, growing at a CAGR of 31% between 2021 and 2027.With the proliferation of smartphones and the advent of advanced technologies such as VR, AR, AI, machine language, deep learning, and blockchain, the increasing Internet penetration is driving the market growth.
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The major players in global market include
• General Electric
• PTC
• Siemens
• Dassault Systèmes
• IBM Corporation
• ANSYS
• Microsoft Corporation
• Oracle Corporation
On the basis of product, the Digital Twin market is primarily split into
• Parts Twin
• Product Twin
• Process Twin
• System Twin
On the basis on the end users/Application, this report covers
• Aerospace & Defense
• Automotive & Transportation
• Machine Manufacturing
• Energy & Utilities
• Others
A full report of Global Digital Twin Market is available at: https://www.orionmarketreports.com/digital-twin-market/48001/
Scope of the Report
The research study analyzes the global Digital Twin industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Digital Twin Market Report
1. What was the Digital Twin Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Digital Twin Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Digital Twin Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For more customized data, request for report customization @ https://www.orionmarketreports.com/digital-twin-market/48001/#ert_pane1-2
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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