Digital Twin Market To Witness Huge Growth Of $26.07 Billion By 2025 “The global digital twin market size is anticipated to value USD 26.07 billion by 2025. It is also projected to witness a CAGR of 38.2% over the forecasted years, 2018 to 2025. The shifting trend towards the adoption of digital and VR technologies prevailing among several organizations is expected to drive the market growth for digital twins in the upcoming years.”
The Global Digital twin Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the Digital twin Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. Digital twin Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of Digital twin Market based on current & future analysis depending on historic data also featured in this Report. The global digital twin market size is anticipated to value USD 26.07 billion by 2025. It is also projected to witness a CAGR of 38.2% over the forecasted years, 2018 to 2025. The shifting trend towards the adoption of digital and VR technologies prevailing among several organizations is expected to drive the market growth for digital twins in the upcoming years. The segment of residential & commercial end-use dominated the global market in 2017 on account of its feature of capturing of time-based and 3D implications of buildings and other infrastructure properties. While the automotive & transport segment is projected to register the fastest growth with more than 40.0% CAGR from 2018 to 2025 owing to increasing demand for connected vehicles across the globe.
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