Digital Twins Global Market Report 2022

By BusinessWire
February 23, 2022

The “Digital Twins Global Market Overview & Analysis” report has been added to ResearchAndMarkets.com’s offering.

The report provides an overview of the global market for digital twins and analyzes market trends. Using 2020 as the base year, the report estimates the market for the forecast period 2021 through 2026. Revenue forecasts for this period are segmented based on type, application, industry and geographic region.

The report also focuses on the drivers and challenges that affect the market and the vendor landscape. The report explores the competitive landscape and current trends in the digital twin market. The report concludes with an analysis of the digital twin vendor landscape and includes profiles of the major players in the global market.

Report Includes

32 data tables and 60 additional tables
An up-to-date overview of the global market for digital twin technologies
Analyses of the global market trends, with data from 2020-2021, estimates for 2022 and 2024, and projections of compound annual growth rates (CAGRs) through 2026
Evaluation and forecast the digital twin market size, forecasted growth trends, and corresponding market share analysis by type of technology, application, end-user industry, and geographic region
Highlights of the market potential for digital twins and areas of focus to forecast this market into various segments and sub-segments
In-depth information (facts and figures) concerning market drivers, opportunities, challenges and other demographic and economic factors that will drive future demand for digital twins
Review of emerging companies and the leading competitors in the prevailing digital twin industry
Discussion of industry value chain analysis, major stakeholders, and COVID-19 implications on the progress of this market
Descriptive company profiles of the major global players, including ABB Group, Autodesk, Inc., Bentley Systems, Dassault Systemes, GE Digital, Rockwell Automation Inc., and Schneider Electric SE

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background

Technology Overview
History and Evolution of Digital Twin
Market Drivers
- Growing Demand for Smart Connected Devices, Industrial and Home Automation Devices
- Infrastructural Development in Terms of Smart Cities, Factory Automation and Industry 4.0
- Increasing Amounts of Real-Time Data Generated From IoT and Other Smart Devices
- Growing Adoption of IoT, Wireless Connectivity, AI and 5G
- Adoption of 3D Printing Technologies in Manufacturing Facilities
- Increase in Collaborations and Acquisition to Offer Digital Twin Solutions With Existing Advanced Technologies
Market Restraints
- Growing Number of Cyberattacks Around the World
- Lack of Uniform Communication Standards
- Government Regulations Impacting the IoT Platform Market
- Shortage of Semiconductor Chips across Industries
- Lack of IT Infrastructure and Connectivity
Impact of COVID-19 on the Digital Twin Market