Digital Twin Market Forecasts to 2028

1. Global Digital Twin Industry Analysis Global Digital Twin Market 2028 Outlook Report A digital twin refers to the virtual replication of any process, physical asset, and systems that can be used for ensuring predictive maintenance and reduces outage over stipulated time. A digital twin thus, is developed with multiple IoT sensors that collect the real-time data generated in the product development phase, and learns, analyzes and updates itself according to working conditions. Based on end user, the automotive & transportation segment is estimated to have a lucrative growth due to the growing usage of digital twins for simulation, designing, MRO (maintenance, repair, and overhaul), production, and after service. Automotive and transportation is one of the major industries that will witness high growth in the post-COVID-19 period, as industry players will try to adopt digital solutions for their end-to-end operations to minimizes losses that have occurred because of the pandemic. Request for Customization of “Digital Twin - Global Market Outlook (2020 -2028)” @ https://www.strategymrc.com/report/digital-twin-market/request-customization What our report offers: - Market share assessments for the regional and country-level segments - Strategic recommendations for the new entrants - Covers Market data for the years 2019, 2020, 2021, 2025, and 2028 - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Some of the key players profiled in the Digital Twin Market include ANSYS, General Electric, IBM, Microsoft Corporation, Oracle, PTC, Robert Bosch, SAP, Siemens AG, and SWIM.AI. About Us: StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments. Call Us: +1-301-202-5929 Email: info@strategymrc.com

2. Global Digital Twin Industry Analysis Details 2021 Report Coverage Published Year: USD 7.45 billion Estimated Market Size in 2020: 2020 Estimated Period: Compound Annual Growth Rate (CAGR) from 2020 to 2028: 35.5% USD 84.60 billion Predicted 2028 Value: 2021-2028 Forecast Years: Tables, Graphs & Figures 270 Type, Technology, Solution, Enterprise, Application, End User and Region • Predominant use of industrial IoT for design and manufacturing • Innovations in the field of virtual reality (VR) and augmented reality (AR) • Increasing adoption of digital twin in supply chain management (SCM) Chapters Covered: Core Drivers and Opportunities: Lack of awareness related to cost benefits Cyber security risks due to the use of cloud platforms and IoT • Restraining Factors & Market Threats: • View complete “Digital Twin - Global Market Outlook (2020 -2028)” report @ https://www.strategymrc.com/report/digital-twin-market Contact Us: Stratistics Market Research Consulting Phone: +1-301-202-5929 Email: info@strategymrc.com Website: https://www.strategymrc.com/ Visit our Blog: https://strategymrc.blogspot.com/ Call Us: +1-301-202-5929 Email: info@strategymrc.com