Digital Twin Market Size, Share, Trends and Analysis by Region, Product and Service (Service and Software), Vertical (Manufacturing, Construction, Defense, Medical Devices and Pharmaceutical, Energy, Utilities, Transportation and Logistics, and Others) and Segment Forecast, 2022-2030
Summary
The digital twin market size was valued at US$9.38 billion in 2021. The market is expected to grow at a CAGR of 36.3% during 2022-2030. The study provides an executive-level overview of the digital twin market worldwide today, with detailed forecasts of key indicators up to 2030
This market intelligence report offers a thorough, forward-looking analysis of the global digital twin market by product/service and vertical and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
The global digital twin market size was valued at US$ 9.38 billion in 2021 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 36.3% during 2022-2030. The market growth is primarily driven by the increasing adoption of enabling technologies such as Artificial Intelligence (AI), Enterprise Internet of Things (IoT) platforms, Augmented Reality (AR), and Virtual Reality (VR) in the manufacturing and construction sector.
Scope
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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