Global Digital Twin Market
Report Scope:
The report provides an overview of the digital twin global market value and analyzes its trends. Using 2023 as the base year, the report provides estimated market data for the forecast period from 2024 through 2029. Revenue forecasts for this period are segmented by solution type, application, industry, enterprise size, and geographical region. It also highlights major trends and challenges that affect the market, concluding with an analysis of the vendor landscape and including detailed profiles of major players in the global digital twin market.
The report also includes emerging technologies that are expected to shape the digital twin market in the coming years. It also includes ESG analysis of the market with the companies’ ratings based on their performance. The competitive landscape provides detailed analysis of strategic decisions made by the leading companies in the digital twin market.
Report Includes:
51 data tables and 61 additional tables
An analysis of the global digital twin market
Analyses of global market trends, with market revenue data from 2023, estimates for 2024, forecasts for 2025 and 2028, and projected CAGRs through 2029
Estimate of the current market size and revenue prospects, along with market share analysis by solution type, application, enterprise size, end-use industry and region
Facts and figures pertaining to the market dynamics, technological advances, regulations and the macroeconomic factors driving future demand and innovation
Porter’s Five Forces, global supply chain, and use case analyses
Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, the ESG practices of leading companies and their ESG scores
A look at key granted patents and published patents
Analysis of the vendor landscape, including company shares, strategic alliances, M&A activity and venture fundings outlook
Company profiles of market leaders, including Autodesk Inc., ANSYS Inc., Schneider Electric, Hexagon AG, and Dassault Systèmes
Companies Mentioned
Abb
Altair Engineering Inc.
Ansys Inc.
Autodesk Inc.
Bentley Systems Inc.
Bosch Rexroth Ag
Dassault Systemes
Ge Vernova
Hexagon Ab
Ibm Corp.
Microsoft
Oracle
Rockwell Automation
Schneider Electric
Siemens
- Chapter 1 Executive Summary
- Market Outlook
- Scope of the Report
- Market Summary
- Technological Advances and Applications
- Market Dynamics and Growth Factors
- Future Trends and Developments
- Segmental Analysis
- Regional Insights and Emerging Markets
- Conclusion
- Chapter 2 Market Overview
- Digital Twins Overview
- Current Stage of Digital Twin Technology
- Porter's Five Forces Analysis of Digital Twin Industry
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Threat from Substitutes
- Potential of New Entrants
- Competition in the Industry
- Future of Digital Twin Industry
- Digital Twin Solution Use Cases
- Case Studies
- Patent Analysis
- Key Findings
- Upcoming Conference List of Digital Twin Technology
- Chapter 3 Market Dynamics
- Market Dynamics Snapshot
- Market Drivers
- Manufacturing Shift Toward Industry 4.0
- Real-Time Data Generated from Sensors and Other Smart Devices
- Growing Adoption of Internet of Things Devices
- Market Opportunities
- Three-Dimensional Printing Technologies Combined with Digital Twin Applications
- Digital Twin Technology Adoption in Healthcare
- Market Challenges and Restraints
- High Cost of Deployment
- Inadequate Information Technology Infrastructure and Connectivity Issues
- Growing Number of Global Cyberattacks
- Chapter 4 Emerging Technologies and Developments
- Digital Twin as a Service
- Development in Augmented Reality and Virtual Reality Technology
- Integration of Generative Artificial Intelligence and Digital Twin Solutions
- Digital Twin as a Platform Expanding Metaverse Applications
- Chapter 5 Market Segmentation Analysis
- Segmentation Breakdown
- Digital Twin Market, by Solution Type
- System Digital Twins
- Product Digital Twins
- Process Digital Twins
- Component Digital Twins
- Digital Twin Market, by Application
- Predictive Maintenance
- Performance Monitoring
- Supply Chain and Inventory Management
- Product Design and Development
- Other Applications
- Digital Twin Market, by Enterprise Size
- Large Enterprises
- Small and Medium Enterprises
- Digital Twin Market, by Industry
- Automotive and Transportation
- Aerospace and Defense
- Smart Cities
- Energy and Utilities
- Healthcare
- Food and Beverages
- Agriculture
- Construction
- Chemical
- Other Industries
- Geographic Breakdown
- Digital Twin Market, by Region
- Americas
- Europe
- Asia-Pacific
- Middle East and Africa
- Chapter 6 Competitive Intelligence
- Top Players in the Digital Twin Industry
- Strategic Analysis
- Major Key Developments
- Chapter 7 Sustainability in Digital Twin Industry: An ESG Perspective
- Overview
- Current Status of ESG in the Digital Twin Market
- ESG Practices by Digital Twin Companies
- Concluding Remarks from BCC Research
- Chapter 8 Appendix
- Methodology
- References
- Abbreviations
- Company Profiles
- ABB
- ALTAIR ENGINEERING INC.
- ANSYS INC.
- AUTODESK INC.
- BENTLEY SYSTEMS INC.
- BOSCH REXROTH AG
- DASSAULT SYSTEMES
- GE VERNOVA
- HEXAGON AB
- IBM CORP.
- MICROSOFT
- ORACLE
- ROCKWELL AUTOMATION
- SCHNEIDER ELECTRIC
- SIEMENS
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