Global digital twin market is expected to grow with a CAGR of 35.2% over the forecast period from 2019-2025
NEW YORK, Oct. 29, 2019 /PRNewswire/ --
The report on the global digital twin market provides qualitative and quantitative analysis for the period from 2017 to 2025.
Download the full report: https://www.reportbuyer.com/product/5806460/?utm_source=PRN
The report predicts the global digital twin market to grow with a CAGR of 35.2% over the forecast period from 2019-2025. The study on digital twin market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.
The report on digital twin market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global digital twin market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global digital twin market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
• The increasing adoption of the internet of things (IoT) and big data analytics
• Increasing need for cost-efficient operations
• Enhancing the processes
2) Restraints
• The risks associated with data security owing to the use of IoT and cloud platforms
3) Opportunities
• Innovations in the field of virtual reality (VR) and augmented reality (AR)
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global digital twin market is segmented on the basis of applications, and end use industry.
The Global Digital Twin Market by Applications
• Manufacturing Process Planning
• Product Design
• Other Applications
The Global Digital Twin Market by End Use Industry
• Manufacturing
• Transportation
• Energy & Utilities
• Healthcare
• Consumer Goods
• Other Applications
Company Profiles
• General Electric
• SAP SE
• Dell
• Siemens AG, PTC
• Alphabet Inc.
• Bosch Software Innovations GmbH
• Cisco Systems, Inc.
• AT&T
• Tibco Software Inc.
• CSC
• Other companies
What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the digital twin market.
2. Complete coverage of all the segments in the digital twin market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global digital twin market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Download the full report: https://www.reportbuyer.com/product/5806460/?utm_source=PRN
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com
SOURCE ReportBuyer
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