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Digital Twin Market Trends and Analysis by Region, Product and Service, End-use and Segment Forecast to 2030

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Published: January 31, 2023 Report Code: GRCBBR00019TC

Report Overview
Key Players
Table of Contents
Table
Figures
FAQs

Accessing the in-depth insight from the ‘Digital Twins Market’ report can help you:

Make informed decisions about investments, partnerships, and product development
Identify your competitors positioning to stay ahead in the market
Identify segments and get an understanding of various stakeholders across different stages of the entire value chain
Identify major verticals and their use cases
Anticipate expected changes in demand and adjust your business development strategies
Identify potential areas of disruption
Identify potential regions and countries for growth opportunities

How is our ‘Digital Twins Market Analysis Report’ different from other reports in the market?

Provides comprehensive market sizing information at a segment level for over 20 countries, including historical and forecast analysis for the period 2019-2030, helping to make informed investment decisions and identify new growth and market entry opportunities. Our market sizing numbers are supported by robust research methodology and subject matter experts.
Offers detailed segmentation by product/service – software and services, and key vertical segments – Manufacturing, Construction, Energy, Medical & Pharmaceutical, Defense, Utilities, Transportation & Logistics, and Others and their use cases helping to identify areas for investment or partnership opportunities.
A detailed value chain while identifying the key incumbents and disruptors at each layer that includes details on companies that offer connectivity, data, twin platform, application, and services. The report helps businesses identify ways to optimize their operations, reduce costs, and enhance their competitive advantage.
The report’s analysis of the latest trends and dynamics impacting the digital twin market, including M&A/venture financing deals, hiring trends, and social media trends, enables businesses to stay up-to-date with the latest developments in the industry, and to anticipate and respond to changes in demand.
The report provides competitor market positioning (categorizing players as flagbearers, experimenters, contenders, and specialists) offering digital twin software and servicesin the market. This enables businesses to identify key competitors and assess their strengths and weaknesses.

We recommend this valuable source of information to anyone involved in:

OEM Digital Twin Manufacturers
Software Providers
Managed Service Providers
Data Management /Business Intelligence Companies
Augmented Reality and Virtual Reality Companies
Visualization and Streaming Analytics Companies
Venture Capitalists/Private Equity/Investment Banks
Edge Computing and Cloud HPC Infrastructure Companies
AEC Firms
Engineering, Procurement, and Construction (EPC) Companies
Consulting Firms

Digital Twin Market Report Overview

The digital twin market size was valued at $17.5 billion in 2023 and is expected to grow at a CAGR of 36.3% over the forecast period. 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. Additionally, technological advancements in Building Information Modelling (BIM), simulation software, and visualization software by integrating with digital twin capabilities are expected to favor the market growth over the next few years.

Digital Twin Market Outlook, 2019-2030 ($ billion)

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The digital twin market encapsulates software/platform that is used to create a virtual representation of a component, asset, system, process, or enterprise. The visual representation of these types of digital twins is carried out by various enabling technologies such as Enterprise IoT platforms, asset performance management software, analytics software, or simulation tools created by various software vendors and service providers. The market also features service revenue generated by software vendors and third-party service providers offering digital twin software services.

Favorable government initiatives to develop smart urban infrastructure and create a sustainable environment are expected to drive digital twin adoption globally over the forecast period. For instance, in September 2022, Energy Queensland, a Queensland government-owned unlisted public company, partnered with ESRI to develop a 3D digital twin for its above and below-ground infrastructure. The partnership enables the former company to implement the latter company’s ArcGIS software, notably the ArcGIS utility network, to create and manage virtual replicas of the utility assets that include 178,000 kilometers of overhead lines, 53,000 substations, and 1.7 million power poles. Similarly, in May 2022, Barcelona Local Government announced that the government created a digital twin replica of Bologna city on a trial basis to plan potential city projects.

The adoption of predictive maintenance software tools integrated with digital twin capabilities is anticipated to bode well for the market growth over the next few years. The continuous feedback provided by digital twins during production enables enterprises to reduce operating costs and extend the life of equipment and assets. These factors make predictive maintenance one of the most used cases of digital twin technology, a trend that is expected to continue over the forecast period.

Digital Twin Market Segmentation by Vertical

Based on the vertical segment, the digital twin market has been categorized into manufacturing, construction, medical devices & pharmaceutical, defense, transportation & logistics, energy, utilities, and others. The manufacturing segment is inclusive of the automotive and aerospace sector. The soaring adoption of simulation software and CAD tools for product design and maintenance, repair, and overhaul (MRO) is expected to drive the digital twin market growth over the forecast period. Also, the integration of asset performance management with AI and Machine Learning to detect failures in real-time is expected to drive the Digital twin market growth over the forecast period.

Digital Twin Market Share by Vertical, 2023 (%)

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The construction segment is expected to grow at a CAGR of 37.4% over the forecast period. The construction segment is inclusive of architectural, engineering, and construction firms that specialize in the building of physical structures such as houses, industrial plants, roads, and bridges. Favorable government initiatives to develop smart cities with help of the Public-Private-Partnership (PPP) model are expected to drive the market growth over the forecast period.

Digital Twin Market Analysis by Region

North America accounted for the largest market share of over 40% of the overall market size. The regional demand was led by the US accounted for $5.0 billion in 2023 of the market. The increasing demand for innovative solutions, notably in advanced automation use cases in the manufacturing sector is anticipated to drive the digital twin market demand over the forecast period.

Europe Digital Twin Market Share by Country, 2023 (%)

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Europe accounted for over 20% of the market share in the global digital twin market, with a forecasted growth rate exceeding 30% from 2022 to 2030. The region is primarily driven by the increasing adoption of digital twins by government agencies to develop sustainable public infrastructure. Additionally, Germany and France, together, accounted for over 30% of the market share in 2023. The increasing need for sophisticated network technologies such as KNX and Sigfox that enable IoT platforms to deploy digital twins in the automobile and aerospace & defense sectors are further expected to bode well the digital twin adoption over the forecast period.

Digital Twin Market - Competitive Landscape

The digital twin is an extremely fragmented market. It is characterized by Original Equipment Manufacturers (OEMs) such as General Electric and Siemens, software vendors such as AWS, Dassault Systemes, and service providers such as TCS, Wipro, and Capgemini, and vertical-specific digital twin vendors. Innovation and partnership are key growth initiatives carried out by the vendors in this space.

Digital Twin Vendor Growth Innovation Index

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The digital twin market is an amalgamation of various enabling technology providers such as virtual and augmented reality, visualization, and simulation software. Merger and acquisition (M&A) activity in this space has been steadily increasing over recent years, though the actual number of dedicated deals centered around digital twins remains small. For instance, in December 2022, Hexagon AB, a global leader in digital reality solutions, acquired LocLab, one of the 3D digital twin content providers. The acquisition enabled the former company to integrate its HxDR, a cloud-based storage, visualization, and collaboration platform, with the latter company’s 3D digital content. The integration will further enhance its existing platform to deploy its solution within urban planning, transportation, and construction among others.

Leading Players in the Digital Twin Market

Ansys Inc
Autodesk Inc
Amazon Web Services (AWS)
Bentley Systems Inc
Dassault Systèmes SE
GE Digital
IBM Corporation
Microsoft Corporation
Siemens AG
Schneider Electric

Other Digital Twin Market Vendors Mentioned

Robert Bosch GmbH, Atkins (SNC-Lavalin Group Inc), Atos SE, Wipro Ltd, Unity Technologies, TCS Ltd, Hitachi Ltd, Infosys Ltd, Accenture Plc, Capgemini SE, NTT Data, Cognizant, ABB Ltd, DXC Technology, LTI Mindtree, EPAM, Virtusa, Happiest Minds, Neewee, NavVis, QiO Technologies, Cognite, GFT Technologies, SenSat, PETRA Data Science, Swim, Synavision, Pratiti Technologies, Braincube, Cybertwin, and Eigen

To Know More About Leading Digital Twin Market Players, Download a Free Report Sample

Digital Twin Market Research Overview

Market Size 2023	$17.5 billion
Market Size 2030	$154.0 billion
CAGR (2022-2030)	36.3%
Forecast Period	2022-2030
Historic Period	2019-2021
Report Scope & Coverage	Revenue Forecast, Competitive Index, and Growth Trends
Product/Service Segment	Software and Service
Vertical Segment	Manufacturing, Construction, Medical Devices & Pharmaceutical Defense, Transportation & Logistics, Energy, Utilities, and Others
Key Companies	Ansys Inc, Autodesk Inc; Amazon Web Services (AWS), Bentley Systems Inc, Dassault Systèmes SE, GE Digital, IBM Corporation, Microsoft Corporation, Siemens AG, and Schneider Electric.

Digital Twin Market Scope

GlobalData Plc has segmented the digital twin market report by product/service, vertical, and region:

Digital Twin Product/Service Outlook (Revenue, USD Billion, 2019-2030)

Service
Software

Digital Twin Vertical Outlook (Revenue, USD Billion, 2019-2030)

Manufacturing
Construction
Medical & Pharmaceutical
Defense
Transportation & Logistics
Energy
Utilities
Others

Digital Twin Regional Outlook (Revenue, USD Billion, 2019-2030)

North America

US
Canada

Europe

Germany
UK
Italy
France
Spain
Netherlands
Sweden
Rest of Europe

Asia Pacific

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

South & Central America

Brazil
Mexico
Argentina
Rest of South & Central America

Middle East & Africa

United Arab Emirates (UAE)
Saudi Arabia
South Africa
Rest of Middle East & Africa

The market intelligence report provides an in-depth analysis of the following –

Digital twin market outlook: analysis as well as historical figures and forecasts of revenue opportunities for product/service, vertical, and regional segments.
The competitive landscape: an examination of the positioning of leading players of software and service vendors in the digital twin market.
Porter’s five forces analysis: demonstrates the strength of suppliers and buyers along with market competition in the market.
PEST analysis: provides analysis for macroeconomic and technological factors in the digital twin market.
Company snapshots: analysis of the market position of leading vendors in the digital twin market.
Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Reasons to Buy

This market intelligence report offers a thorough, forward-looking analysis of the global digital twin market product/service, and vertical their key opportunities in a concise format to help executives build proactive and profitable growth strategies.

Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in the digital twin market.

The report highlights the product/service segment (software and services) and key vertical segments (manufacturing, construction, medical devices & pharmaceutical, defense, transportation & logistics, energy, utilities, and others)

With more than 50 figures and tables, the report is designed for an executive-level audience, boasting presentation quality.

The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in the digital twin market.

The broad perspective of the report coupled with comprehensive, actionable detail will help technology stakeholders, service providers, and other market players succeed in growing the digital twin market globally.

Key Players

• Ansys Inc
• Autodesk Inc
• Amazon Web Services (AWS)
• Bentley Systems Inc
• Dassault Systèmes SE
• GE Digital
• IBM Corporation
• Microsoft Corporation
• Siemens AG
• Schneider Electric
• Zip Co Ltd

CHAPTER 01 Executive Summary
- 1.1 Digital Twin Market Snapshot, 2022-2030

CHAPTER 02 Research Scope & Segmentation
- 2.1 Introduction
- 2.2 Digital Twin Market Segmentation and Definitions
  - 2.2.1 PRODUCT/SERVICE
  - 2.2.2 VERTICAL

CHAPTER 03 Digital Twin Industry Trend Analysis
- 3.1 Digital Twin – Industry Value Chain
  - 3.1.1 PHYSICAL LAYER
  - 3.1.2 CONNECTIVITY LAYER: KEY LEADERS & DISRUPTORS
    - 3.1.2.1 Edge computing
    - 3.1.2.2 Cloud and HPC infrastructure
  - 3.1.3 DATA LAYER- KEY LEADERS & DISRUPTORS
    - 3.1.3.1 Data governance and security
    - 3.1.3.2 Business Intelligence
    - 3.1.3.3 Data Storage
    - 3.1.3.4 Data Analysis
    - 3.1.3.5 Data Integration
    - 3.1.3.6 Data Processing
    - 3.1.3.7 Data Integration
  - 3.1.4 PLATFORM LAYER- KEY LEADERS & DISRUPTORS
  - 3.1.5 APP LAYER- KEY LEADERS & DISRUPTORS
    - 3.1.5.1 Virtual and augmented reality
    - 3.1.5.2 Streaming analytics tools
    - 3.1.5.3 Visualization software
    - 3.1.5.4 Simulation software
  - 3.1.6 SERVICE LAYER- KEY LEADERS & DISRUPTORS
- 3.2 Digital Twin Market Structure – Porter’s Five Force Model Analysis
- 3.3 Digital Twin Market– PEST Analysis
- 3.4 Digital Twin – Market Variables & Impact Analysis
  - 3.4.1 MARKET DRIVER ANALYSIS
    - 3.4.1.1 Technology Trends
      - 3.4.1.1.1 6G
      - 3.4.1.1.2 Digital partnerships
      - 3.4.1.1.3 Personalized medicine
      - 3.4.1.1.4 Data cleansing
    - 3.4.1.2 Macroeconomic Trends
      - 3.4.1.2.1 Creating national digital twins
      - 3.4.1.2.2 Digital twins and climate change
  - 3.4.2 MARKET CHALLENGES/IMPEDIMENTS
    - 3.4.2.1 Need to address the cyber threats
    - 3.4.2.2 Creating a common language
    - 3.4.2.3 Standards and interoperability
    - 3.4.2.4 Security
    - 3.4.2.5 Data cleanliness
- 3.5 Digital Twin Market – Mergers & Acquisitions (M&A), 2018-2022
  - 3.5.1 DIGITAL TWIN M&A ACTIVITY DASHBOARD, 2018-2022
- 3.6 Digital Twin Market – Patent Analysis, 2018-2022
  - 3.6.1 DIGITAL TWIN PATENT ANALYTICS DASHBOARD, 2018-2022
- 3.7 Digital Twin Market– Job Analysis, 2019-YTD 2023
  - 3.7.1 DIGITAL TWIN JOB ANALYTICS DASHBOARD, 2019-YTD 2023
- 3.8 Digital Twin Market– Venture Financing Analysis, 2018-2022
  - 3.8.1 DIGITAL TWIN VENTURE FINANCING DASHBOARD, 2018-2022
- 3.9 Digital Twin Market– Social Media Analysis, 2018-2022
  - 3.9.1 DIGITAL TWIN MARKET SOCIAL MEDIA ANALYTICS DASHBOARD, 2018-2022
- 3.10 Use Cases
  - 3.10.1 MANUFACTURING
  - 3.10.2 POWER
  - 3.10.3 OIL & GAS
  - 3.10.4 HEALTHCARE
  - 3.10.5 CONSTRUCTION
  - 3.10.6 AUTOMOTIVE
  - 3.10.7 AEROSPACE & DEFENSE
  - 3.10.8 GOVERNMENT
  - 3.10.9 LOGISTICS

CHAPTER 04 Global Digital Twin Market Revenue Opportunity
- 4.1 Global Market Revenue Snapshot, 2019-2030 (US$ Billion)
- 4.2 Global Digital Twin Market By Product/Service, 2019- 2030 (US$ Billion)
- 4.3 Global Digital Twin Market By Vertical, 2019- 2030 (US$ Billion)

CHAPTER 05 Digital Twin Market Regional Outlook
- 5.1 Digital Twin Market – Regional Deep Dive, 2022
- 5.2 North America Digital Twin Market Snapshot, 2019-2030, (US$ Billion)
  - 5.2.1 NORTH AMERICA DIGITAL TWIN MARKET BY PRODUCT/SERVICE, 2019-2030, (US$ BILLION)
  - 5.2.2 NORTH AMERICA DIGITAL TWIN MARKET BY VERTICAL, 2019-2030, (US$ BILLION)
    - 5.2.2.1 US Digital Twin Market
      - 5.2.2.1.1 US Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.2.2.1.2 US Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.2.2.2 Canada Digital Twin Market
      - 5.2.2.2.1 Canada Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.2.2.2.2 Canada Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
- 5.3 Europe Digital Twin Market Snapshot, 2019 – 2030 (US$ Billion)
  - 5.3.1 EUROPE DIGITAL TWIN MARKET BY PRODUCT/SERVICE, 2019-2030, (US$ BILLION)
  - 5.3.2 EUROPE DIGITAL TWIN MARKET BY VERTICAL, 2019-2030, (US$ BILLION)
    - 5.3.2.1 UK Digital Twin Market
      - 5.3.2.1.1 UK Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.3.2.1.2 UK Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.3.2.2 Germany Digital Twin Market
      - 5.3.2.2.1 Germany Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.3.2.2.2 Germany Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.3.2.3 France Digital Twin Market
      - 5.3.2.3.1 France Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.3.2.3.2 France Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.3.2.4 Italy Digital Twin Market
      - 5.3.2.4.1 Italy Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.3.2.4.2 Italy Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.3.2.5 Spain Digital Twin Market
      - 5.3.2.5.1 Spain Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.3.2.5.2 Spain Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.3.2.6 Netherlands Digital Twin Market
      - 5.3.2.6.1 Netherlands Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.3.2.6.2 Netherlands Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.3.2.7 Sweden Digital Twin Market
      - 5.3.2.7.1 Sweden Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.3.2.7.2 Sweden Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.3.2.8 Rest of Europe Digital Twin Market
      - 5.3.2.8.1 Rest of Europe Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.3.2.8.2 Rest of Europe Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
- 5.4 South & Central America Digital Twin Market Snapshot, 2019 – 2030 (US$ Billion)
  - 5.4.1 SOUTH & CENTRAL AMERICA DIGITAL TWIN MARKET BY PRODUCT/SERVICE, 2019-2030, (US$ BILLION)
  - 5.4.2 SOUTH & CENTRAL AMERICA DIGITAL TWIN MARKET BY VERTICAL, 2019-2030, (US$ BILLION)
    - 5.4.2.1 Brazil Digital Twin Market
      - 5.4.2.1.1 Brazil Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.4.2.1.2 Brazil Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.4.2.2 Argentina Digital Twin Market
      - 5.4.2.2.1 Argentina Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.4.2.2.2 Argentina Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.4.2.3 Mexico Digital Twin Market
      - 5.4.2.3.1 Mexico Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.4.2.3.2 Mexico Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.4.2.4 Rest of South & Central America Digital Twin Market
      - 5.4.2.4.1 Rest of South & Central America Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.4.2.4.2 Rest of South & Central America Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
- 5.5 Asia Pacific Digital Twin Market Snapshot, 2019 – 2030 (US$ Billion)
  - 5.5.1 ASIA PACIFIC DIGITAL TWIN MARKET BY PRODUCT/SERVICE, 2019-2030, (US$ BILLION)
  - 5.5.2 ASIA PACIFIC DIGITAL TWIN MARKET BY VERTICAL, 2019-2030, (US$ BILLION)
    - 5.5.2.1 China Digital Twin Market
      - 5.5.2.1.1 China Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.5.2.1.2 China Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.5.2.2 India Digital Twin Market
      - 5.5.2.2.1 India Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.5.2.2.2 India Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.5.2.3 Japan Digital Twin Market
      - 5.5.2.3.1 Japan Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.5.2.3.2 Japan Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.5.2.4 Australia Digital Twin Market
      - 5.5.2.4.1 Australia Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.5.2.4.2 Australia Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.5.2.5 South Korea Digital Twin Market
      - 5.5.2.5.1 South Korea Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.5.2.5.2 South Korea Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.5.2.6 Rest of Asia Pacific Digital Twin Market
      - 5.5.2.6.1 Rest of Asia Pacific Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.5.2.6.2 Rest of Asia Pacific Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
- 5.6 Middle East & Africa Digital Twin Market Snapshot, 2019 – 2030 (US$ Billion)
  - 5.6.1 MIDDLE EAST & AFRICA DIGITAL TWIN MARKET BY PRODUCT/SERVICE, 2019-2030, (US$ BILLION)
  - 5.6.2 MIDDLE EAST & AFRICA DIGITAL TWIN MARKET BY VERTICAL, 2019-2030, (US$ BILLION)
    - 5.6.2.1 UAE Digital Twin Market
      - 5.6.2.1.1 UAE Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.6.2.1.2 UAE Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.6.2.2 Saudi Arabia Digital Twin Market
      - 5.6.2.2.1 Saudi Arabia Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.6.2.2.2 Saudi Arabia Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.6.2.3 South Africa Digital Twin Market
      - 5.6.2.3.1 South Africa Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.6.2.3.2 South Africa Digital Twin Market By Vertical, 2019-2030, (US$ Billion)
    - 5.6.2.4 Rest of Middle East & Africa Digital Twin Market
      - 5.6.2.4.1 Rest of Middle East & Africa Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)
      - 5.6.2.4.2 Rest of Middle East & Africa Digital Twin Market By Vertical, 2019-2030, (US$ Billion)

CHAPTER 06 Global Digital Twin Competitive Landscape
- 6.1 Digital Twin Vendor Growth Innovation Matrix
- 6.2 Digital Twin Market- Company Profiles
  - 6.2.1 ANSYS
    - 6.2.1.1 Company Overview and Financial Performance
    - 6.2.1.2 Recent Developments and Innovation
  - 6.2.2 AUTODESK INC
    - 6.2.2.1 Company Overview and Financial Performance
    - 6.2.2.2 Recent Developments and Innovation
  - 6.2.3 AMAZON WEB SERVICES (AWS)
    - 6.2.3.1 Company Overview and Financial Performance
    - 6.2.3.2 Recent Developments and Innovation
  - 6.2.4 BENTLEY SYSTEMS INC
    - 6.2.4.1 Company Overview and Financial Performance
    - 6.2.4.2 Recent Developments and Innovation
  - 6.2.5 DASSAULT SYSTEMES SE
    - 6.2.5.1 Company Overview and Financial Performance
    - 6.2.5.2 Recent Developments and Innovation
  - 6.2.6 GENERAL ELECTRIC CO. (GE DIGITAL)
    - 6.2.6.1 Company Overview and Financial Performance
    - 6.2.6.2 Recent Developments and Innovation
  - 6.2.7 IBM CORPORATION
    - 6.2.7.1 Company Overview and Financial Performance
    - 6.2.7.2 Recent Developments and Innovation
  - 6.2.8 MICROSOFT CORPORATION
    - 6.2.8.1 Company Overview and Financial Performance
    - 6.2.8.2 Recent Developments and Innovation
  - 6.2.9 SIEMENS AG
    - 6.2.9.1 Company Overview and Financial Performance
    - 6.2.9.2 Recent Developments and Innovation
  - 6.2.10 SCHNEIDER ELECTRIC
    - 6.2.10.1 Company Overview and Financial Performance
    - 6.2.10.2 Recent Developments and Innovation
- 6.3 Other Vendors in Digital Twin Market
  - 6.3.1 QIO TECHNOLOGIES
  - 6.3.2 COGNITE
  - 6.3.3 GFT TECHNOLOGIES
  - 6.3.4 SENSAT
  - 6.3.5 PETRA DATA SCIENCE
  - 6.3.6 SWIM
  - 6.3.7 SYNAVISION
  - 6.3.8 PRATITI TECHNOLOGIES
  - 6.3.9 VISUALIZ
  - 6.3.10 SIMPLIFA
  - 6.3.11 BRAINCUBE
  - 6.3.12 CYBERTWIN
  - 6.3.13 EIGEN
  - 6.3.14 ROBERT BOSCH GMBH
  - 6.3.15 ATKINS (SNC-LAVALIN GROUP INC)
  - 6.3.16 ATOS SE
  - 6.3.17 WIPRO LTD
  - 6.3.18 UNITY TECHNOLOGIES
  - 6.3.19 TCS LTD
  - 6.3.20 HITACHI LTD
  - 6.3.21 INFOSYS LTD
  - 6.3.22 ACCENTURE PLC
  - 6.3.23 CAPGEMINI SE
  - 6.3.24 NTT DATA
  - 6.3.25 COGNIZANT
  - 6.3.26 ABB LTD
  - 6.3.27 DXC TECHNOLOGY
  - 6.3.28 LTI MINDTREE
  - 6.3.29 EPAM
  - 6.3.30 VIRTUSA
  - 6.3.31 HAPPIEST MINDS
  - 6.3.32 NEEWEE
  - 6.3.33 NAVVIS

CHAPTER 07 Methodology and Scope
- 7.1 Information Procurement
- 7.2 Digital Twin Data Analysis
- 7.3 Market Opportunity Forecast – Research Methodology & Formulation
- 7.4 Competitive Index – Research Methodology & Formulation

Table

Table 1 Key Trends Overview

Table 2 Global Digital Twin Market, 2019 – 2030 (US$ Billion)

Table 3 Global Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 4 Global Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 5 North America Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 6 North America Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 7 US Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 8 US Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 9 Canada Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 10 Canada Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 11 Europe Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 12 Europe Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 13 UK Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 14 UK Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 15 Germany Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 16 Germany Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 17 France Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 18 France Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 19 Italy Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 20 Italy Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 21 Spain Digital Twin Market By Product/Service, 2019 – 2030 ($Bn)

Table 22 Spain Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 23 Netherlands Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 24 Netherlands Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 25 Sweden Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 26 Sweden Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 27 Rest of Europe Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 28 Rest of Europe Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 29 South & Central America Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 30 South & Central America Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 31 Brazil Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 32 Brazil Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 33 Argentina Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 34 Argentina Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 35 Mexico Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 36 Mexico Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 37 Rest of South & Central America Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 38 Rest of South & Central America Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 39 Asia Pacific Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 40 Asia Pacific Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 41 China Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 42 China Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 43 India Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 44 India Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 45 Japan Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 46 Japan Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 47 Australia Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 48 Australia Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 49 South Korea Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 50 South Korea Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 51 Rest of Asia Pacific Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 52 Rest of Asia Pacific Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 53 Middle East & Africa Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 54 Middle East & Africa Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 55 UAE Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 56 UAE Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 57 Saudi Arabia Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 58 Saudi Arabia Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 59 South Africa Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 60 South Africa Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Table 61 Rest of Middle East & Africa Digital Twin Market By Product/Service, 2019 – 2030 (US$ Billion)

Table 62 Rest of Middle East & Africa Digital Twin Market By Vertical, 2019 – 2030 (US$ Billion)

Figures

Fig.1 Digital Twin Market Snapshot, 2022-2030

Fig.2 Digital Twin Sector Overview

Fig.3 Digital Twin Market Segmentation

Fig.4 Digital Twin Industry Value Chain Analysis

Fig.5 Digital Twin Connectivity Layer: Key Leaders & Disruptors

Fig.6 Digital Twin Data Layer: Key Leaders & Disruptors

Fig.7 Digital Twin Platform: Key Leaders & Disruptors

Fig.8 Digital Twin App: Key Leaders & Disruptors

Fig.9 Digital Twin Service Layer: Key Leaders & Disruptors

Fig.10 Global Digital Twin Market Porter’s Five Force Model and Market Competition Analysis

Fig.11 Global Digital Twin Market PEST Analysis

Fig.12 Digital Twin Market – Key Drivers Impact Analysis

Fig.13 Digital Twin– Key Market Challenges/Impediments Impact Analysis

Fig.14 Digital Twin Market– M&A Activity Dashboard

Fig.15 Digital Twin Market – Patent Activity Dashboard

Fig.16 Digital Twin Market– Job Analytics Dashboard

Fig.17 Digital Twin Market – Venture Financing Dashboard

Fig.18 Digital Twin Market– Social Media Analytics Dashboard

Fig.19 Global Digital Twin Market – Revenue Opportunity Forecast, 2019-2030 (US$ Billion)

Fig.20 Global Digital Twin Market By Product/Service, 2019-2030 (US$ Billion)

Fig.21 Global Digital Twin Market By Vertical, 2019-2030 (US$ Billion)

Fig.22 Digital Twin Market– Regional Market Overview

Fig.23 North America Digital Twin Market Snapshot

Fig.24 North America Digital Twin Market By Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.25 North America Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.26 US Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.27 US Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.28 Canada Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.29 Canada Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.30 Europe Digital Twin Market Snapshot

Fig.31 Europe Digital Twin Market By Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.32 Europe Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.33 UK Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.34 UK Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.35 Germany Digital Twin Market Product/ Service Share – 2022& 2030 (%)

Fig.36 Germany Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.37 France Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.38 France Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.39 Italy Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.40 Italy Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.41 Spain Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.42 Spain Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.43 Netherlands Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.44 Netherlands Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.45 Sweden Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.46 Sweden Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.47 Rest of Europe Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.48 Rest of Europe Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.49 South & Central America Digital Twin Market Snapshot

Fig.50 South & Central America Digital Twin Market By Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.51 South & Central America Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.52 Brazil Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.53 Brazil Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.54 Argentina Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.55 Argentina Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.56 Mexico Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.57 Mexico Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.58 Rest of South & Central America Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.59 Rest of South & Central America Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.60 Asia Pacific Digital Twin Market Snapshot

Fig.61 Asia Pacific Digital Twin Market By Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.62 Asia Pacific Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.63 China Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.64 China Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.65 India Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.66 India Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.67 Japan Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.68 Japan Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.69 Australia Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.70 Australia Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.71 South Korea Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.72 South Korea Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.73 Rest of Asia Pacific Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.74 Rest of Asia Pacific Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.75 Middle East & Africa Digital Twin Market Snapshot

Fig.76 Middle East & Africa Digital Twin Market By Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.77 Middle East & Africa Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.78 UAE Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.79 UAE Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.80 Saudi Arabia Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.81 Saudi Arabia Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.82 South Africa Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.83 South Africa Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.84 Rest of Middle East & Africa Digital Twin Market Product/Service – 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.85 Rest of Middle East & Africa Digital Twin Market By Vertical– 2022 & 2030, Revenue (US$ Bn) and Market Share (%)

Fig.86 Digital Twin Software: Growth-Innovation Matrix

Fig.87 Digital Twin Services: Growth-Innovation Matrix

Fig.88 Information Procurement

Fig.89 Data Analysis Model

Fig.90 Research Methodology