Global Digital Twin Market to reach USD 52.2 billion by 2026.

Global Digital Twin Market Size study, by Technology (IoT & IIot, Blockchain, Artificial Intelligence and Machine Learning, Augmented Reality, Virtual Reality, and Mixed Reality, Big Data Analytics and 5G), Type (Product Digital Twin, Process Digital Twin and System Digital Twin), by Industry (Aerospace & Defense, Automotive & Transportation, Home and Commercial, Healthcare, Energy & Utilities, Oil & Gas and Others) and Regional Forecasts 2020-2026
Product Code:  OIRIGAS_48344565
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1.	Digital Twin Market, by Region, 2018-2026 (USD Billion)
1.2.2.	Digital Twin Market, by Technology, 2018-2026 (USD Billion) 
1.2.3.	Digital Twin Market, by Type, 2018-2026 (USD Billion) 
1.2.4.	Digital Twin Market, by Industry, 2018-2026 (USD Billion) 
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Digital Twin Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Digital Twin Market Dynamics	
3.1.	Digital Twin Market Impact Analysis (2018-2026)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Digital Twin Market: Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Digital Twin Market, by Technology 
5.1.	Market Snapshot 
5.2.	Global Digital Twin Market by Technology, Performance - Potential Analysis
5.3.	Global Digital Twin Market Estimates & Forecasts by Technology 2016-2026 (USD Billion)
5.4.	Digital Twin Market, Sub Segment Analysis
5.4.1.	 IoT & IIot
5.4.2.	Blockchain
5.4.3.	Artificial Intelligence and Machine Learning
5.4.4.	Augmented Reality, Virtual Reality, and Mixed Reality
5.4.5.	Big Data Analytics
5.4.6.	5G
Chapter 6.	Global Digital Twin Market, by Type          
6.1.	Market Snapshot 
6.2.	Global Digital Twin Market by Type, Performance - Potential Analysis
6.3.	Global Digital Twin Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
6.4.	Digital Twin Market, Sub Segment Analysis
6.4.1.	Product Digital Twin
6.4.2.	Process Digital Twin
6.4.3.	System Digital Twin
Chapter 7.	Global Digital Twin Market, by Industry          
7.1.	Market Snapshot 
7.2.	Global Digital Twin Market by Industry, Performance - Potential Analysis
7.3.	Global Digital Twin Market Estimates & Forecasts by Industry 2016-2026 (USD Billion)
7.4.	Digital Twin Market, Sub Segment Analysis
7.4.1.	 Aerospace & Defense
7.4.2.	Automotive & Transportation
7.4.3.	Home and Commercial
7.4.4.	Healthcare
7.4.5.	Energy & Utilities
7.4.6.	Oil & Gas
7.4.7.	Others
Chapter 8.	Global Digital Twin Market, Regional Analysis
8.1.	Digital Twin Market, Regional Market Snapshot 
8.2.	North America Digital Twin Market 
8.2.1.	U.S. Digital Twin Market
8.2.1.1.	 Technology breakdown estimates & forecasts, 2016-2026 
8.2.1.2.	 Type breakdown estimates & forecasts, 2016-2026 
8.2.1.3.	 Industry breakdown estimates & forecasts, 2016-2026
8.2.2.	Canada Digital Twin Market
8.3.	Europe Digital Twin Market Snapshot
8.3.1.	U.K. Digital Twin Market 
8.3.2.	Germany Digital Twin Market
8.3.3.	Rest of Europe Digital Twin Market
8.4.	Asia-Pacific Digital Twin Market Snapshot
8.4.1.	China Digital Twin Market 
8.4.2.	India Digital Twin Market 
8.4.3.	Japan Digital Twin Market
8.4.4.	Rest of Asia Pacific Digital Twin Market
8.5.	Latin America Digital Twin Market Snapshot
8.5.1.	Brazil Digital Twin Market
8.5.2.	Mexico Digital Twin Market
8.6.	Rest of The World Digital Twin Market

Chapter 9.	Competitive Intelligence
9.1.	Top Market Strategies
9.2.	Company Profiles
9.2.1.	 General Electric Company
9.2.1.1.	Key Information
9.2.1.2.	Overview
9.2.1.3.	Financial (Subject to Data Availability)
9.2.1.4.	Product Summary
9.2.1.5.	Recent Developments
9.2.2.	 IBM Corporation
9.2.3.	PTC Inc.
9.2.4.	Microsoft Corporation
9.2.5.	Siemens AG
9.2.6.	Ansys, Inc.
9.2.7.	SAP SE
9.2.8.	Oracle Corporation 
9.2.9.	Robert Bosch GmbH
Chapter 10.	Research Process
10.1.	Research Process
10.1.1.	Data Mining
10.1.2.	Analysis
10.1.3.	Market Estimation
10.1.4.	Validation
10.1.5.	Publishing
10.2.	Research Attributes
10.3.	Research Assumption

Global Digital Twin Market is valued approximately at USD 3.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 45.4% over the forecast period 2020-2026. Digital Twin is a digital clone of an asset, product, component, process, or a complete system or unit. Digital twins integrate internet of things (IoT), artificial intelligence (AI), machine learning and software analytics with spatial network graphs to create living digital simulation models that update and change as their physical counterpart change. It learns and updates itself from multiple sources to represent its near real-time status. The increasing adoption of emerging technologies such as IoT and cloud and growing use of digital twin for predictive maintenance are the few factors responsible for growth of the market over the forecast period. For instance, According to IoT analytics report, the number of IoT devices that are active is expected to grow to 10 billion by 2020 and 22 billion by 2025. Furthermore, the rising advancements and introduction of products and other strategic alliance by market key player will create a lucrative demand for this market. For instance: as per Company’s news release in February 2017, IBM Corporation launched new IBM Digital Twin Capabilities to create multiple views of products by bringing together various ‘digital threads’ and data streams that can be tailored to the needs of a particular user. However, risks associated with data security due to the use of IOT and cloud platforms is the major factor restraining the growth of global Digital Twin market during the forecast period.

The regional analysis of global Digital Twin market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the strong economic infrastructure and significant presence of digital twin vendors in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.

Major market player included in this report are:
General Electric Company
IBM Corporation
PTC Inc.
Microsoft Corporation
Siemens AG
Ansys, Inc.
SAP SE
Oracle Corporation
Robert Bosch GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:
IoT & IIot
Blockchain
Artificial Intelligence and Machine Learning
Augmented Reality, Virtual Reality, and Mixed Reality
Big Data Analytics
5G

By Type:
Product Digital Twin
Process Digital Twin
System Digital Twin

By Industry:
Aerospace & Defense
Automotive & Transportation
Home and Commercial
Healthcare
Energy & Utilities
Oil & Gas
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Digital Twin Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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