Tag: Digital Twin Market

Market Highlights Digital twin technology provides virtual assistance to resolve real-world issues is likely to boost its market growth. The fast-paced expansion of the global Digital Twin Market growth can be attributed to the ability of the technology to effortlessly optimize […]

Digital Twin Market was estimated at USD 1,865 Million in 2019 and is projected to grow at a CAGR of 55.9% during forecast period. GMI Research speculates that the growing acceptance of the Internet of things (IoT) devices and the […]

The world is facing an economic crisis due to the sudden outbreak of the COVID-19 pandemic. The pandemic has affected the growth of the end-use industries. Major oil producers are running out of storage space for extracted oil, as the […]

The global digital twin market size was valued at USD 3.1 billion in 2020 and is projected to reach USD 48.2 billion by 2026. It is expected to grow at a CAGR of 58% during the forecast period. Increasing demand for digital […]

According to the new market research report “Digital Twin Market by Technology, Type (Product, Process, and System), Application (predictive maintenance, and others), Industry (Aerospace & Defense, Automotive & Transportation, Healthcare, and others ), and Geography – Global Forecast to 2026″, published by […]

Because of technological advancements, the penetration of the internet of things (IoT) technology has increased significantly in the past few years. The technology enables physical devices to connect with internet for receiving and sharing data with other connected devices. Attributed […]

The digital twin market is estimated to grow from USD 3.8 billion in 2019 to USD 35.8 billion by 2025, at a CAGR of 37.8% as per new report by MarketsandMarkets.   Can digital twin technology in industries such as healthcare, aerospace, […]