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Digital Thread Market Research Report, Size, Industry Forecast Analysis

10-02-2024 03:00 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The global Digital Thread market size is projected to reach US$ 3698.7 million by 2027, from US$ 337.1 million in 2020, at a CAGR of 39.7% during 2021-2027.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-31N67/Global_Digital_Thread_Market_Size_Status_and_Forecast_2019_2025

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."

The major companies of digital threading are GE, PTC, Siemens, Dassault Systemes, IBM and Oracle, and the top three companies account for about 70% of the total market.

North America is the main market, accounting for about 80%, followed by Europe, accounting for about 20%.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Digital Thread market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Digital Thread market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Digital Thread market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Digital Thread market.

Digital Thread market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Digital Thread market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

By Type
Parts Type
System Type

By Application
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities

Key Companies
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-31N67/global-digital-thread

Please reach us at sales@valuates.com

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Bangalore 560066

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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