According to this latest study, the 2021 growth of Digital Twin will have significant change from previous year. By the most conservative estimates of global Digital Twin market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 3133.7 million in 2020. Over the next five years the Digital Twin market will register a 36.4% CAGR in terms of revenue, the global market size will reach US$ 10850 million by 2026.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Twin market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7.
Parts Twin
Product Twin
Process Twin
System Twin
Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8.
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Digital Twin Market Size 2016-2026
2.1.2 Digital Twin Market Size CAGR by Region 2020 VS 2021 VS 2026
2.2 Digital Twin Segment by Type
2.2.1 Parts Twin
2.2.2 Parts Twin
2.2.3 Process Twin
2.2.4 System Twin
2.3 Digital Twin Market Size by Type
2.3.1 Global Digital Twin Market Size CAGR by Type
2.3.2 Global Digital Twin Market Size Market Share by Type (2016-2021)
2.4 Digital Twin Segment by Application
2.4.1 Aerospace & Defense
2.4.2 Automotive & Transportation
2.4.3 Machine Manufacturing
2.4.4 Energy & Utilities
2.4.5 Others
2.5 Digital Twin Market Size by Application
2.5.1 Global Digital Twin Market Size CAGR by Application
2.5.2 Global Digital Twin Market Size Market Share by Application (2016-2021)
3 Digital Twin Market Size by Players
3.1 Digital Twin Market Size Market Share by Players
3.1.1 Global Digital Twin Revenue by Players (2019-2021E)
3.1.2 Global Digital Twin Revenue Market Share by Players (2019-2021E)
3.2 Global Digital Twin Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2019-2021E)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Digital Twin by Regions
4.1 Digital Twin Market Size by Regions (2016-2021)
4.2 Americas Digital Twin Market Size Growth (2016-2021)
4.3 APAC Digital Twin Market Size Growth (2016-2021)
4.4 Europe Digital Twin Market Size Growth (2016-2021)
4.5 Middle East & Africa Digital Twin Market Size Growth (2016-2021)
5 Americas
5.1 Americas Digital Twin Market Size by Country (2016-2021)
5.2 Americas Digital Twin Market Size by Type (2016-2021)
5.3 Americas Digital Twin Market Size by Application (2016-2021)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Digital Twin Market Size by Region (2016-2021)
6.2 APAC Digital Twin Market Size by Type (2016-2021)
6.3 APAC Digital Twin Market Size by Application (2016-2021)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Digital Twin by Country (2016-2021)
7.2 Europe Digital Twin Market Size by Type (2016-2021)
7.3 Europe Digital Twin Market Size by Application (2016-2021)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Digital Twin by Region (2016-2021)
8.2 Middle East & Africa Digital Twin Market Size by Type (2016-2021)
8.3 Middle East & Africa Digital Twin Market Size by Application (2016-2021)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Digital Twin Market Forecast
10.1 Global Digital Twin Forecast by Regions (2021-2026)
10.1.1 Global Digital Twin Forecast by Regions (2021-2026)
10.1.2 Americas Digital Twin Forecast
10.1.3 APAC Digital Twin Forecast
10.1.4 Europe Digital Twin Forecast
10.1.5 Middle East & Africa Digital Twin Forecast
10.2 Americas Digital Twin Forecast by Countries (2021-2026)
10.2.1 United States Digital Twin Market Forecast
10.2.2 Canada Digital Twin Market Forecast
10.2.3 Mexico Digital Twin Market Forecast
10.2.4 Brazil Digital Twin Market Forecast
10.3 APAC Digital Twin Forecast by Region (2021-2026)
10.3.1 China Digital Twin Market Forecast
10.3.2 Japan Digital Twin Market Forecast
10.3.3 Korea Digital Twin Market Forecast
10.3.4 Southeast Asia Digital Twin Market Forecast
10.3.5 India Digital Twin Market Forecast
10.3.6 Australia Digital Twin Market Forecast
10.4 Europe Digital Twin Forecast by Country (2021-2026)
10.4.1 Germany Digital Twin Market Forecast
10.4.2 France Digital Twin Market Forecast
10.4.3 UK Digital Twin Market Forecast
10.4.4 Italy Digital Twin Market Forecast
10.4.5 Russia Digital Twin Market Forecast
10.5 Middle East & Africa Digital Twin Forecast by Region (2021-2026)
10.5.1 Egypt Digital Twin Market Forecast
10.5.2 South Africa Digital Twin Market Forecast
10.5.3 Israel Digital Twin Market Forecast
10.5.4 Turkey Digital Twin Market Forecast
10.5.5 GCC Countries Digital Twin Market Forecast
10.6 Global Digital Twin Forecast by Type (2021-2026)
10.8 Global Digital Twin Forecast by Application (2021-2026)
11 Key Players Analysis
11.1 General Electric
11.1.1 General Electric Company Information
11.1.2 General Electric Digital Twin Product Offered
11.1.3 General Electric Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
11.1.4 General Electric Main Business Overview
11.1.5 General Electric Latest Developments
11.2 PTC
11.2.1 PTC Company Information
11.2.2 PTC Digital Twin Product Offered
11.2.3 PTC Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
11.2.4 PTC Main Business Overview
11.2.5 PTC Latest Developments
11.3 Siemens
11.3.1 Siemens Company Information
11.3.2 Siemens Digital Twin Product Offered
11.3.3 Siemens Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
11.3.4 Siemens Main Business Overview
11.3.5 Siemens Latest Developments
11.4 Dassault Systèmes
11.4.1 Dassault Systèmes Company Information
11.4.2 Dassault Systèmes Digital Twin Product Offered
11.4.3 Dassault Systèmes Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
11.4.4 Dassault Systèmes Main Business Overview
11.4.5 Dassault Systèmes Latest Developments
11.5 IBM Corporation
11.5.1 IBM Corporation Company Information
11.5.2 IBM Corporation Digital Twin Product Offered
11.5.3 IBM Corporation Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
11.5.4 IBM Corporation Main Business Overview
11.5.5 IBM Corporation Latest Developments
11.6 ANSYS
11.6.1 ANSYS Company Information
11.6.2 ANSYS Digital Twin Product Offered
11.6.3 ANSYS Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
11.6.4 ANSYS Main Business Overview
11.6.5 ANSYS Latest Developments
11.7 Microsoft Corporation
11.7.1 Microsoft Corporation Company Information
11.7.2 Microsoft Corporation Digital Twin Product Offered
11.7.3 Microsoft Corporation Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
11.7.4 Microsoft Corporation Main Business Overview
11.7.5 Microsoft Corporation Latest Developments
11.8 Oracle Corporation
11.8.1 Oracle Corporation Company Information
11.8.2 Oracle Corporation Digital Twin Product Offered
11.8.3 Oracle Corporation Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
11.8.4 Oracle Corporation Main Business Overview
11.8.5 Oracle Corporation Latest Developments
12 Research Findings and Conclusion
List of Tables
Table 1. Digital Twin Market Size CAGR by Region (2020-2026) & ($ Millions)
Table 2. Major Players of Parts Twin
Table 3. Major Players of Product Twin
Table 4. Major Players of Process Twin
Table 5. Major Players of System Twin
Table 6. Digital Twin Market Size CAGR by Type (2020-2026) & ($ Millions)
Table 7. Global Digital Twin Market Size by Type (2016-2021) & ($ Millions)
Table 8. Global Digital Twin Market Size Market Share by Type (2016-2021)
Table 9. Digital Twin Market Size CAGR by Application (2016-2021) & ($ Millions)
Table 10. Global Digital Twin Market Size by Application (2016-2021) & ($ Millions)
Table 11. Global Digital Twin Market Size Market Share by Application (2016-2021)
Table 12. Global Digital Twin Revenue by Players (2019-2021E) & ($ Millions)
Table 13. Global Digital Twin Revenue Market Share by Players (2019-2021E)
Table 14. Digital Twin Key Players Head office and Products Offered
Table 15. Digital Twin Concentration Ratio (CR3, CR5 and CR10) & (2019-2021E)
Table 16. New Products and Potential Entrants
Table 17. Mergers & Acquisitions, Expansion
Table 18. Global Digital Twin Market Size by Regions 2016-2021 & ($ Millions)
Table 19. Global Digital Twin Market Size Market Share by Regions 2016-2021
Table 20. Americas Digital Twin Market Size by Country (2016-2021) & ($ Millions)
Table 21. Americas Digital Twin Market Size Market Share by Country (2016-2021)
Table 22. Americas Digital Twin Market Size by Type (2016-2021) & ($ Millions)
Table 23. Americas Digital Twin Market Size Market Share by Type (2016-2021)
Table 24. Americas Digital Twin Market Size by Application (2016-2021) & ($ Millions)
Table 25. Americas Digital Twin Market Size Market Share by Application (2016-2021)
Table 26. APAC Digital Twin Market Size by Region (2016-2021) & ($ Millions)
Table 27. APAC Digital Twin Market Size Market Share by Region (2016-2021)
Table 28. APAC Digital Twin Market Size by Type (2016-2021) & ($ Millions)
Table 29. APAC Digital Twin Market Size Market Share by Type (2016-2021)
Table 30. APAC Digital Twin Market Size by Application (2016-2021) & ($ Millions)
Table 31. APAC Digital Twin Market Size Market Share by Application (2016-2021)
Table 32. Europe Digital Twin Market Size by Country (2016-2021) & ($ Millions)
Table 33. Europe Digital Twin Market Size Market Share by Country (2016-2021)
Table 34. Europe Digital Twin Market Size by Type (2016-2021) & ($ Millions)
Table 35. Europe Digital Twin Market Size Market Share by Type (2016-2021)
Table 36. Europe Digital Twin Market Size by Application (2016-2021) & ($ Millions)
Table 37. Europe Digital Twin Market Size Market Share by Application (2016-2021)
Table 38. Middle East & Africa Digital Twin Market Size by Region (2016-2021) & ($ Millions)
Table 39. Middle East & Africa Digital Twin Market Size Market Share by Region (2016-2021)
Table 40. Middle East & Africa Digital Twin Market Size by Type (2016-2021) & ($ Millions)
Table 41. Middle East & Africa Digital Twin Market Size Market Share by Type (2016-2021)
Table 42. Middle East & Africa Digital Twin Market Size by Application (2016-2021) & ($ Millions)
Table 43. Middle East & Africa Digital Twin Market Size Market Share by Application (2016-2021)
Table 44. Key and Potential Regions of Digital Twin
Table 45. Key Application and Potential Industries of Digital Twin
Table 46. Key Challenges of Digital Twin
Table 47. Key Trends of Digital Twin
Table 48. Global Digital Twin Market Size Forecast by Regions (2021-2026) & ($ Millions)
Table 49. Global Digital Twin Market Size Market Share Forecast by Regions (2021-2026)
Table 50. Global Digital Twin Market Size Forecast by Type (2021-2026) & ($ Millions)
Table 51. Global Digital Twin Market Size Market Share Forecast by Type (2021-2026)
Table 52. Global Digital Twin Market Size Forecast by Application (2021-2026) & ($ Millions)
Table 53. Global Digital Twin Market Size Market Share Forecast by Application (2021-2026)
Table 54. General Electric Details, Company Type, Digital Twin Area Served and Its Competitors
Table 55. General Electric Digital Twin Product Offered
Table 56. General Electric Digital Twin Revenue ($ million), Gross Margin and Market Share (2019-2021E)
Table 57. General Electric Main Business
Table 58. General Electric Latest Developments
Table 59. PTC Details, Company Type, Digital Twin Area Served and Its Competitors
Table 60. PTC Digital Twin Product Offered
Table 61. PTC Main Business
Table 62. PTC Digital Twin Revenue ($ million), Gross Margin and Market Share (2019-2021E)
Table 63. PTC Latest Developments
Table 64. Siemens Details, Company Type, Digital Twin Area Served and Its Competitors
Table 65. Siemens Digital Twin Product Offered
Table 66. Siemens Main Business
Table 67. Siemens Digital Twin Revenue ($ million), Gross Margin and Market Share (2019-2021E)
Table 68. Siemens Latest Developments
Table 69. Dassault Systèmes Details, Company Type, Digital Twin Area Served and Its Competitors
Table 70. Dassault Systèmes Digital Twin Product Offered
Table 71. Dassault Systèmes Main Business
Table 72. Dassault Systèmes Digital Twin Revenue ($ million), Gross Margin and Market Share (2019-2021E)
Table 73. Dassault Systèmes Latest Developments
Table 74. IBM Corporation Details, Company Type, Digital Twin Area Served and Its Competitors
Table 75. IBM Corporation Digital Twin Product Offered
Table 76. IBM Corporation Main Business
Table 77. IBM Corporation Digital Twin Revenue ($ million), Gross Margin and Market Share (2019-2021E)
Table 78. IBM Corporation Latest Developments
Table 79. ANSYS Details, Company Type, Digital Twin Area Served and Its Competitors
Table 80. ANSYS Digital Twin Product Offered
Table 81. ANSYS Main Business
Table 82. ANSYS Digital Twin Revenue ($ million), Gross Margin and Market Share (2019-2021E)
Table 83. ANSYS Latest Developments
Table 84. Microsoft Corporation Details, Company Type, Digital Twin Area Served and Its Competitors
Table 85. Microsoft Corporation Digital Twin Product Offered
Table 86. Microsoft Corporation Main Business
Table 87. Microsoft Corporation Digital Twin Revenue ($ million), Gross Margin and Market Share (2019-2021E)
Table 88. Microsoft Corporation Latest Developments
Table 89. Oracle Corporation Details, Company Type, Digital Twin Area Served and Its Competitors
Table 90. Oracle Corporation Digital Twin Product Offered
Table 91. Oracle Corporation Main Business
Table 92. Oracle Corporation Digital Twin Revenue ($ million), Gross Margin and Market Share (2019-2021E)
Table 93. Oracle Corporation Latest Developments
List of Figures
Figure 1. Digital Twin Report Years Considered
Figure 2. Research Objectives
Figure 3. Research Methodology
Figure 4. Research Process and Data Source
Figure 5. Global Digital Twin Market Size Growth Rate 2016-2026 ($ Millions)
Figure 6. Global Digital Twin Market Size Market Share by Type in 2020
Figure 7. Digital Twin in Aerospace & Defense
Figure 8. Global Digital Twin Market: Aerospace & Defense (2016-2021) & ($ Millions)
Figure 9. Digital Twin in Automotive & Transportation
Figure 10. Global Digital Twin Market: Automotive & Transportation (2016-2021) & ($ Millions)
Figure 11. Digital Twin in Machine Manufacturing
Figure 12. Global Digital Twin Market: Machine Manufacturing (2016-2021) & ($ Millions)
Figure 13. Digital Twin in Energy & Utilities
Figure 14. Global Digital Twin Market: Energy & Utilities (2016-2021) & ($ Millions)
Figure 15. Digital Twin in Others
Figure 16. Global Digital Twin Market: Others (2016-2021) & ($ Millions)
Figure 17. Global Digital Twin Market Size Market Share by Application in 2020
Figure 18. Global Digital Twin Revenue Market Share by Player in 2020
Figure 19. Global Digital Twin Market Size Market Share by Regions (2016-2021)
Figure 20. Americas Digital Twin Market Size 2016-2021 ($ Millions)
Figure 21. APAC Digital Twin Market Size 2016-2021 ($ Millions)
Figure 22. Europe Digital Twin Market Size 2016-2021 ($ Millions)
Figure 23. Middle East & Africa Digital Twin Market Size 2016-2021 ($ Millions)
Figure 24. Americas Digital Twin Market Size Market Share by Country in 2020
Figure 25. Americas Digital Twin Market Size Market Share by Type in 2020
Figure 26. Americas Digital Twin Market Size Market Share by Application in 2020
Figure 27. United States Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 28. Canada Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 29. Mexico Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 30. APAC Digital Twin Market Size Market Share by Regions in 2020
Figure 31. APAC Digital Twin Market Size Market Share by Type in 2020
Figure 32. APAC Digital Twin Market Size Market Share by Application in 2020
Figure 33. China Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 34. Japan Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 35. Korea Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 36. Southeast Asia Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 37. India Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 38. Australia Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 39. Europe Digital Twin Market Size Market Share by Country in 2020
Figure 40. Europe Digital Twin Market Size Market Share by Type in 2020
Figure 41. Europe Digital Twin Market Size Market Share by Application in 2020
Figure 42. Germany Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 43. France Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 44. UK Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 45. Italy Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 46. Russia Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 47. Middle East & Africa Digital Twin Market Size Market Share by Region in 2020
Figure 48. Middle East & Africa Digital Twin Market Size Market Share by Type in 2020
Figure 49. Middle East & Africa Digital Twin Market Size Market Share by Application in 2020
Figure 50. Egypt Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 51. South Africa Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 52. Israel Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 53. Turkey Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 54. GCC Country Digital Twin Market Size Growth 2016-2021 ($ Millions)
Figure 55. Americas Digital Twin Market Size 2021-2026 ($ Millions)
Figure 56. APAC Digital Twin Market Size 2021-2026 ($ Millions)
Figure 57. Europe Digital Twin Market Size 2021-2026 ($ Millions)
Figure 58. Middle East & Africa Digital Twin Market Size 2021-2026 ($ Millions)
Figure 59. United States Digital Twin Market Size 2021-2026 ($ Millions)
Figure 60. Canada Digital Twin Market Size 2021-2026 ($ Millions)
Figure 61. Mexico Digital Twin Market Size 2021-2026 ($ Millions)
Figure 62. Brazil Digital Twin Market Size 2021-2026 ($ Millions)
Figure 63. China Digital Twin Market Size 2021-2026 ($ Millions)
Figure 64. Japan Digital Twin Market Size 2021-2026 ($ Millions)
Figure 65. Korea Digital Twin Market Size 2021-2026 ($ Millions)
Figure 66. Southeast Asia Digital Twin Market Size 2021-2026 ($ Millions)
Figure 67. India Digital Twin Market Size 2021-2026 ($ Millions)
Figure 68. Australia Digital Twin Market Size 2021-2026 ($ Millions)
Figure 69. Germany Digital Twin Market Size 2021-2026 ($ Millions)
Figure 70. France Digital Twin Market Size 2021-2026 ($ Millions)
Figure 71. UK Digital Twin Market Size 2021-2026 ($ Millions)
Figure 72. Italy Digital Twin Market Size 2021-2026 ($ Millions)
Figure 73. Russia Digital Twin Market Size 2021-2026 ($ Millions)
Figure 74. Spain Digital Twin Market Size 2021-2026 ($ Millions)
Figure 75. Egypt Digital Twin Market Size 2021-2026 ($ Millions)
Figure 76. South Africa Digital Twin Market Size 2021-2026 ($ Millions)
Figure 77. Israel Digital Twin Market Size 2021-2026 ($ Millions)
Figure 78. Turkey Digital Twin Market Size 2021-2026 ($ Millions)
Figure 79. GCC Country Digital Twin Market Size 2021-2026 ($ Millions)