Global Digital Thread Supply, Demand and Key Producers, 2023-2029

Global Digital Thread Supply, Demand and Key Producers, 2023-2029

The global Digital Thread market size is expected to reach $ 1582.9 million by 2029, rising at a market growth of 10.0% CAGR during the forecast period (2023-2029).

Global 5 largest manufacturers of Digital Thread are PTC, Dassault Systèmes, Siemens, General Electric and ANSYS, which make up over 75%. Among them, PTC is the leader with about 25% market share.

North America is the largest market, with a share about 50%, followed by Europe and Asia-Pacific, with the share about 32% and 15%. In terms of product type, System Type occupies the largest share of the total market, about 55%. And in terms of application, the largest application is Machine Manufacturing, followed by Aerospace & Defense.

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.”

This report studies the global Digital Thread demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Digital Thread, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Digital Thread that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Digital Thread total market, 2018-2029, (USD Million)

Global Digital Thread total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Digital Thread total market, key domestic companies and share, (USD Million)

Global Digital Thread revenue by player and market share 2018-2023, (USD Million)

Global Digital Thread total market by Type, CAGR, 2018-2029, (USD Million)

Global Digital Thread total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Digital Thread market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, SAP and Oracle Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Digital Thread market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Digital Thread Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Digital Thread Market, Segmentation by Type
System Type
Parts Type

Global Digital Thread Market, Segmentation by Application
Aerospace and Defense
Automotive and Transportation
Machine Manufacturing
Energy and Utilities
Others

Companies Profiled:
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
SAP
Oracle Corporation

Key Questions Answered

1. How big is the global Digital Thread market?

2. What is the demand of the global Digital Thread market?

3. What is the year over year growth of the global Digital Thread market?

4. What is the total value of the global Digital Thread market?

5. Who are the major players in the global Digital Thread market?

6. What are the growth factors driving the market demand?