Report Summary
Eternity Insights has published a new study on Global Digital Twins Market focusing on key segments by technology, type, end-use and region. This deep dive research report highlights the market and competitive intelligence across the key segments of the market. The report also considers the impact of COVID-19 on the global Digital Twins Market.
The report considers 2019-2022 as historic period, 2023 as base year, and 2024-2034 as forecast period. The report includes quantitative analysis of the market supported by the market drivers, challenges, and trends to accurately map the market scenario and competition. Moreover, key insights related to market having direct impact on the market will also be covered.
Digital Twins Market report is based on robust research methodology designed using blend of research ap-proaches developed using secondary/desk research and validated through primary research and expert insights. Eternity Insights also uses paid databases such as FACIVA, Hoovers, and other bench-marking and forecasting tools to provide accurate statistical analysis of supply and demand trends.
Global Digital Twins Market Size, 2019-2034 (USD Million)
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Global Digital Twins Market Segmentation:
Digital Twins Market, By Technology
- IoT & IIoT
- Blockchain
- Artificial Intelligence & Machine Learning
- Augmented Reality, Virtual Reality, and Mixed Reality
- Big Data Analytics
- 5G
Digital Twins Market, By Type
- Product Digital Twin
- Process Digital Twin
- System Digital Twin
Digital Twins Market, By End-Use
- Aerospace & Defense
- Automotive & Transportation
- Home & Commercial
- Healthcare
- Energy & Utilities
- Oil & Gas
- Agriculture
- Telecommunication
- Retail
- Others
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Geographically, the market is categorized in to five regions as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America region dominates the global Digital Twins market in terms of demand generation. The Digital Twins market in Asia Pacific region is expected to grow at significantly high growth rate. The regional market is further sub-segmented and analyzed at granular level across key countries. The report will include market size and forecast for Digital Twins market for below listed coun-tries across each region.
North America (U.S. and Canada), Europe (Germany, France, Italy, UK, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific region); Latin America (Brazil, Mexico, and rest of the Latin America); Middle East and Africa (GCC, South Africa, and Rest of the Middle East and Africa).
Global Digital Twins Market Taxonomy:
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Global Digital Twins Market Competitive Landscape
The global Digital Twins market analysis report covers detailed analysis of competitive scenario across globe. The report includes profiles of leading players covering below details
- Company Overview
- Financial Analysis
- Product Portfolio Analysis
- Strategic Overview
- SWOT Analysis
List of Companies Profiled in the Report:
- General Electric
- PTC
- Siemens
- Dassault Syst�mes
- IBM Corporation
- ANSYS
- Microsoft Corporation
- Oracle Corporation
- Other Players of Specific Interest can be added based on the requirement
Market Segmentation
| Report Attributes |
Details |
| The market size value in 2023 |
USD XX.XX Million |
| CAGR (2024 - 2034) |
XX.XX % |
| The Revenue forecast in 2034 |
USD XX.XX Million |
| Base year for estimation |
2023 |
| Historical data |
2019-2022 |
| Forecast period |
2024-2034 |
| Quantitative units |
- Revenue in USD Million
- CAGR from 2024 to 2034
|
| Report Coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered |
By Type Outlook, Application Outlook, Regional Outlook |
| By Type Outlook |
Product Digital Twin, Process Digital Twin, System Digital Twin |
| By Technology Outlook |
IoT & IIoT, Blockchain, Artificial Intelligence & Machine Learning, Augmented Reality, Virtual Reality, and Mixed Reality, Big Data Analytics, 5G |
| Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Country scope |
U.S., Canada, U.K., Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey |
| Key companies profiled |
General Electric, PTC, Siemens, Dassault, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation |
| Customization Available |
Yes, the report can be tailored to meet your specific requirements. |
Key Benefits to the Stakeholders
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) and volume (Tons) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Table Of Contents
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Digital Twins Market Size Growth Rate by Type (2014-2025)
1.4.2 Parts Twin
1.4.3 Product Twin
1.4.4 Process Twin
1.4.5 System Twin
1.5 Market by Application
1.5.1 Global Digital Twins Market Share by Application (2014-2025)
1.5.2 Aerospace & Defense
1.5.3 Automotive & Transportation
1.5.4 Machine Manufacturing
1.5.5 Energy & Utilities
1.5.6 Others
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Digital Twins Market Size
2.2 Digital Twins Growth Trends by Regions
2.2.1 Digital Twins Market Size by Regions (2014-2025)
2.2.2 Digital Twins Market Share by Regions (2017-2020)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Digital Twins Market Size by Manufacturers
3.1.1 Global Digital Twins Revenue by Manufacturers (2017-2020)
3.1.2 Global Digital Twins Revenue Market Share by Manufacturers (2017-2020)
3.1.3 Global Digital Twins Market Concentration Ratio (CR5 and HHI)
3.2 Digital Twins Key Players Head office and Area Served
3.3 Key Players Digital Twins Product/Solution/Service
3.4 Date of Enter into Digital Twins Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Digital Twins Market Size by Type (2017-2020)
4.2 Global Digital Twins Market Size by Application (2017-2020)
5 United States
5.1 United States Digital Twins Market Size (2017-2020)
5.2 Digital Twins Key Players in United States
5.3 United States Digital Twins Market Size by Type
5.4 United States Digital Twins Market Size by Application
6 Europe
6.1 Europe Digital Twins Market Size (2017-2020)
6.2 Digital Twins Key Players in Europe
6.3 Europe Digital Twins Market Size by Type
6.4 Europe Digital Twins Market Size by Application
7 China
7.1 China Digital Twins Market Size (2017-2020)
7.2 Digital Twins Key Players in China
7.3 China Digital Twins Market Size by Type
7.4 China Digital Twins Market Size by Application
8 Japan
8.1 Japan Digital Twins Market Size (2017-2020)
8.2 Digital Twins Key Players in Japan
8.3 Japan Digital Twins Market Size by Type
8.4 Japan Digital Twins Market Size by Application
9 Southeast Asia
9.1 Southeast Asia Digital Twins Market Size (2017-2020)
9.2 Digital Twins Key Players in Southeast Asia
9.3 Southeast Asia Digital Twins Market Size by Type
9.4 Southeast Asia Digital Twins Market Size by Application
10 India
10.1 India Digital Twins Market Size (2017-2020)
10.2 Digital Twins Key Players in India
10.3 India Digital Twins Market Size by Type
10.4 India Digital Twins Market Size by Application
11 Central & South America
11.1 Central & South America Digital Twins Market Size (2017-2020)
11.2 Digital Twins Key Players in Central & South America
11.3 Central & South America Digital Twins Market Size by Type
11.4 Central & South America Digital Twins Market Size by Application
12 International Players Profiles
12.1 General Electric
12.1.1 General Electric Company Details
12.1.2 Company Description and Business Overview
12.1.3 Digital Twins Introduction
12.1.4 General Electric Revenue in Digital Twins Business (2017-2020)
12.1.5 General Electric Recent Development
12.2 PTC
12.2.1 PTC Company Details
12.2.2 Company Description and Business Overview
12.2.3 Digital Twins Introduction
12.2.4 PTC Revenue in Digital Twins Business (2017-2020)
12.2.5 PTC Recent Development
12.3 Siemens
12.3.1 Siemens Company Details
12.3.2 Company Description and Business Overview
12.3.3 Digital Twins Introduction
12.3.4 Siemens Revenue in Digital Twins Business (2017-2020)
12.3.5 Siemens Recent Development
12.4 Dassault Systèmes
12.4.1 Dassault Systèmes Company Details
12.4.2 Company Description and Business Overview
12.4.3 Digital Twins Introduction
12.4.4 Dassault Systèmes Revenue in Digital Twins Business (2017-2020)
12.4.5 Dassault Systèmes Recent Development
12.5 IBM Corporation
12.5.1 IBM Corporation Company Details
12.5.2 Company Description and Business Overview
12.5.3 Digital Twins Introduction
12.5.4 IBM Corporation Revenue in Digital Twins Business (2017-2020)
12.5.5 IBM Corporation Recent Development
12.6 ANSYS
12.6.1 ANSYS Company Details
12.6.2 Company Description and Business Overview
12.6.3 Digital Twins Introduction
12.6.4 ANSYS Revenue in Digital Twins Business (2017-2020)
12.6.5 ANSYS Recent Development
12.7 Microsoft Corporation
12.7.1 Microsoft Corporation Company Details
12.7.2 Company Description and Business Overview
12.7.3 Digital Twins Introduction
12.7.4 Microsoft Corporation Revenue in Digital Twins Business (2017-2020)
12.7.5 Microsoft Corporation Recent Development
12.8 Oracle Corporation
12.8.1 Oracle Corporation Company Details
12.8.2 Company Description and Business Overview
12.8.3 Digital Twins Introduction
12.8.4 Oracle Corporation Revenue in Digital Twins Business (2017-2020)
12.8.5 Oracle Corporation Recent Development
13 Market Forecast 2021-2027
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2021-2027)
13.10 Market Size Forecast by Application (2021-2027)
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
