Press release
Digital Twin Market size was valued at USD 63.23 Billion in 2021, growing at a CAGR of 34% from 2022 to 2032: Evolve Business Intelligence
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Key Highlights:
• The global Digital Twin market size was valued at USD 63.23 Billion in 2021 growing at the CAGR of 34% from 2022 to 2032.
• North America dominated the market in 2021
• Asia Pacific is expected to grow at a highest CAFR from 2022 to 2032
Key Players
The Digital Twin market report gives comprehensive information about the company and its past performance. The report also provides a detail market share analysis along with product benchmarking with key developments.
The key players profiled in the report are:
• General Electric (US)
• AI (US)
• IBM (US)
• Siemens AG (Germany)
• PTC (US)
• Microsoft Corporation (US)
• ANSYS (US)
• Oracle (US)
• SAP (Germany)
• Robert Bosch (Germany)
The Global Digital Twin Logistic report also includes information on company profiles, product descriptions, revenue, market share data, and contact details for several regional, global, and local companies. Due to increased technological innovation, R&D, and M&A operations in the sector, the market is becoming more popular in particular niche sectors. Additionally, a large number of regional and local vendors in the Digital Twin market provide specialised product offerings according to geographical regions in keeping with the global manufacturing footprint. Due to the reliability, quality, and technological modernity of the worldwide suppliers, it is difficult for the new market entrants to compete.
COVID Impact
In terms of COVID 19 impact, the Digital Twin market report also includes the following data points:
● COVID19 Impact on Digital Twin market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in the Digital Twin market
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Scope of the Report:
Market Segment By End-User Application:
• Aerospace & Defense
• Automotive & Transportation
• Electronics & Electrical/ Machine Manufacturing
• Healthcare
• Retail
• Energy & Utilities
• Home & Commercial
• Others
Market Segment By Type:
• Parts Twin
• Product Twin
• Process Twin
• System Twin
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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of MEA)
● Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and oppotunities
• Competitive Intelligence providing the understanding about the ecosystem
• Details analysis of Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
Contact Us:
Evolve Business Intelligence
India
Contact: +1 773 644 5507 (US) / +441163182335 (UK)
Email: sales@evolvebi.com
Website: www.evolvebi.com
About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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