List of Figures

FIGURE 1 DIGITAL TWIN MARKET SEGMENTATION 15
FIGURE 2 DIGITAL TWIN MARKET: RESEARCH DESIGN 17
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 21
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 22
FIGURE 5 DATA TRIANGULATION 23
FIGURE 6 ASSUMPTIONS FOR THE RESEARCH STUDY 24
FIGURE 7 DIGITAL TWIN MARKET SIZE (2016–2025) 25
FIGURE 8 SYSTEM DIGITAL TWIN TO DOMINATE DIGITAL TWIN MARKET BY 2025 26
FIGURE 9 DIGITAL TWIN MARKET, BY INDUSTRY (2019 VS. 2025): AUTOMOTIVE & TRANSPORTATION TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD 26
FIGURE 10 NORTH AMERICA HELD LARGEST SHARE OF DIGITAL TWIN MARKET IN 2018 27
FIGURE 11 INCREASING USAGE OF EMERGING TECHNOLOGIES SUCH AS IOT & CLOUD IS DRIVING MARKET GROWTH 28
FIGURE 12 DIGITAL TWIN MARKET FOR SYSTEM DIGITAL TWINS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 28
FIGURE 13 AUTOMOTIVE & TRANSPORTATION TO HOLD LARGEST SHARE OF DIGITAL TWIN MARKET BY 2025 29
FIGURE 14 US HELD LARGEST SHARE OF DIGITAL TWIN MARKET IN 2019 30
FIGURE 15 MARKET DYNAMICS OF DIGITAL TWIN MARKET 31
FIGURE 16 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING SOLUTION/SERVICE/SOFTWARE PROVIDING PHASE 36
FIGURE 17 DIGITAL TWIN TECHNOLOGIES 42
FIGURE 18 DIGITAL TWIN MARKET, BY TYPE 47
FIGURE 19 SYSTEM DIGITAL TWIN TO DOMINATE DIGITAL TWIN MARKET BY 2025 48
FIGURE 20 DIGITAL TWIN MARKET, BY INDUSTRY 51
FIGURE 21 AUTOMOTIVE & TRANSPORTATION TO DOMINATE DIGITAL TWIN MARKET DURING FORECAST PERIOD 52
FIGURE 22 PROCESS DIGITAL TWIN TO DOMINATE DIGITAL TWIN MARKET FOR AEROPACE & DEFENSE DURING FORECAST PERIOD 53
FIGURE 23 SYSTEM DIGITAL TWIN TO DOMINATE DIGITAL TWIN MARKET FOR AUTOMOTIVE & TRANSPORTATION DURING FORECAST PERIOD 57
FIGURE 24 SYSTEM DIGITAL TWIN TO DOMINATE DIGITAL TWIN MARKET FOR HOME & COMMERCIAL DURING FORECAST PERIOD 61
FIGURE 25 SYSTEM DIGITAL TWIN TO BE FASTEST-GROWING TYPE IN DIGITAL TWIN MARKET FOR HEALTHCARE DURING FORECAST PERIOD 65
FIGURE 26 SYSTEM DIGITAL TWIN TO HOLD LARGEST SHARE OF DIGITAL TWIN MARKET FOR ENERGY & UTILITIES DURING FORECAST PERIOD 68
FIGURE 27 SYSTEM DIGITAL TWIN TO DOMINATE DIGITAL TWIN MARKET FOR OIL & GAS DURING FORECAST PERIOD 71
FIGURE 28 SYSTEM DIGITAL TWIN TO DOMINATE DIGITAL TWIN MARKET FOR OTHER INDUSTRIES DURING FORECAST PERIOD 75
FIGURE 29 DIGITAL TWIN MARKET: GEOGRAPHY SNAPSHOT 79
FIGURE 30 NORTH AMERICA TO HOLD LARGEST SHARE OF DIGITAL TWIN MARKET DURING FORECAST PERIOD 80
FIGURE 31 NORTH AMERICA: SNAPSHOT OF DIGITAL TWIN MARKET 81
FIGURE 32 EUROPE: SNAPSHOT OF DIGITAL TWIN MARKET 83
FIGURE 33 APAC: SNAPSHOT OF DIGITAL TWIN MARKET 85
FIGURE 34 COMPANIES IN DIGITAL TWIN MARKET ADOPTED PRODUCT DEVELOPMENTS/LAUNCHES AS KEY GROWTH STRATEGY FROM 2016 TO 2018 89
FIGURE 35 DIGITAL TWIN MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2018 93
FIGURE 36 GENERAL ELECTRIC: COMPANY SNAPSHOT 97
FIGURE 37 IBM: COMPANY SNAPSHOT 100
FIGURE 38 PTC: COMPANY SNAPSHOT 102
FIGURE 39 MICROSOFT CORPORATION: COMPANY SNAPSHOT 105
FIGURE 40 SIEMENS AG: COMPANY SNAPSHOT 108
FIGURE 41 ANSYS: COMPANY SNAPSHOT 112
FIGURE 42 SAP: COMPANY SNAPSHOT 115
FIGURE 43 ORACLE: COMPANY SNAPSHOT 118
FIGURE 44 ROBERT BOSCH: COMPANY SNAPSHOT 120

 

List of Tables

TABLE 1 DIGITAL TWIN MARKET, BY TYPE, 2016–2025 (USD BILLION) 47
TABLE 2 DIGITAL TWIN MARKET, BY INDUSTRY, 2016–2025 (USD MILLION) 51
TABLE 3 DIGITAL TWIN MARKET FOR AEROSPACE & DEFENSE, BY TYPE 2016–2025 (USD MILLION) 54
TABLE 4 DIGITAL TWIN MARKET FOR AEROSPACE & DEFENSE, BY REGION 2016–2025 (USD MILLION) 54
TABLE 5 DIGITAL TWIN MARKET FOR AEROSPACE & DEFENSE IN NORTH AMERICA BY COUNTRY, 2016–2025 (USD MILLION) 55
TABLE 6 DIGITAL TWIN MARKET FOR AEROSPACE & DEFENSE IN EUROPE, BY COUNTRY, 2016–2025 (USD MILLION) 55
TABLE 7 DIGITAL TWIN MARKET FOR AEROSPACE & DEFENSE IN APAC, BY COUNTRY, 2016–2025 (USD MILLION) 56
TABLE 8 DIGITAL TWIN MARKET FOR AEROSPACE & DEFENSE IN ROW, BY COUNTRY 2016–2025 (USD MILLION) 56
TABLE 9 DIGITAL TWIN MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE 2016–2025 (USD MILLION) 58
TABLE 10 DIGITAL TWIN MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION 2016–2025 (USD MILLION) 58
TABLE 11 DIGITAL TWIN MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2016–2025 (USD MILLION) 58
TABLE 12 DIGITAL TWIN MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE BY COUNTRY, 2016–2025 (USD MILLION) 59
TABLE 13 DIGITAL TWIN MARKET FOR AUTOMOTIVE & TRANSPORTATION IN APAC BY COUNTRY, 2016–2025 (USD MILLION) 59
TABLE 14 DIGITAL TWIN MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW BY REGION, 2016–2025 (USD MILLION) 60
TABLE 15 DIGITAL TWIN MARKET FOR HOME AND COMMERCIAL, BY TYPE 2016–2025 (USD MILLION) 61
TABLE 16 DIGITAL TWIN MARKET FOR HOME AND COMMERCIAL, BY REGION 2016–2025 (USD MILLION) 61
TABLE 17 DIGITAL TWIN MARKET FOR HOME AND COMMERCIAL IN NORTH AMERICA BY COUNTRY, 2016–2025 (USD MILLION) 62
TABLE 18 DIGITAL TWIN MARKET FOR HOME & COMMERCIAL IN EUROPE, BY COUNTRY, 2016–2025 (USD MILLION) 62
TABLE 19 DIGITAL TWIN MARKET FOR HOME AND COMMERCIAL IN APAC, BY COUNTRY, 2016–2025 (USD MILLION) 63
TABLE 20 DIGITAL TWIN MARKET FOR HOME AND COMMERCIAL IN ROW, BY COUNTRY, 2016–2025 (USD MILLION) 63
TABLE 21 DIGITAL TWIN MARKET FOR HEALTHCARE, BY TYPE, 2016–2025 (USD MILLION) 65
TABLE 22 DIGITAL TWIN MARKET FOR HEALTHCARE, BY REGION, 2016–2025 (USD MILLION) 65
TABLE 23 DIGITAL TWIN MARKET FOR HEALTHCARE IN NORTH AMERICA BY COUNTRY, 2016–2025 (USD MILLION) 66
TABLE 24 DIGITAL TWIN MARKET FOR HEALTHCARE IN EUROPE, BY COUNTRY 2016–2025 (USD MILLION) 66
TABLE 25 DIGITAL TWIN MARKET FOR HEALTHCARE IN APAC, BY COUNTRY 2016–2025 (USD MILLION) 67
TABLE 26 DIGITAL TWIN MARKET FOR HEALTHCARE IN ROW, BY COUNTRY 2016–2025 (USD MILLION) 67
TABLE 27 DIGITAL TWIN MARKET FOR ENERGY & UTILITIES, BY TYPE 2016–2025 (USD MILLION) 68
TABLE 28 DIGITAL TWIN MARKET FOR ENERGY & UTILITIES, BY REGION 2016–2025 (USD MILLION) 69
TABLE 29 DIGITAL TWIN MARKET FOR ENERGY & UTILITIES IN NORTH AMERICA BY COUNTRY, 2016–2025 (USD MILLION) 69
TABLE 30 DIGITAL TWIN MARKET FOR ENERGY & UTILITIES IN EUROPE, BY COUNTRY 2016–2025 (USD MILLION) 70
TABLE 31 DIGITAL TWIN MARKET FOR ENERGY & UTILITIES IN APAC, BY COUNTRY 2016–2025 (USD MILLION) 70
TABLE 32 DIGITAL TWIN MARKET FOR ENERGY & UTILITIES IN ROW, BY COUNTRY 2016–2025 (USD MILLION) 71
TABLE 33 DIGITAL TWIN MARKET FOR OIL & GAS, BY TYPE, 2016–2025 (USD MILLION) 72
TABLE 34 DIGITAL TWIN MARKET FOR OIL & GAS, BY REGION, 2016–2025 (USD MILLION) 72
TABLE 35 DIGITAL TWIN MARKET FOR OIL & GAS IN NORTH AMERICA, BY COUNTRY 2016–2025 (USD MILLION) 72
TABLE 36 DIGITAL TWIN MARKET FOR OIL & GAS IN EUROPE, BY COUNTRY 2016–2025 (USD MILLION) 73
TABLE 37 DIGITAL TWIN MARKET FOR OIL & GAS IN APAC, BY COUNTRY 2016–2025 (USD MILLION) 73
TABLE 38 DIGITAL TWIN MARKET FOR OIL & GAS IN ROW, BY COUNTRY 2016–2025 (USD MILLION) 74
TABLE 39 DIGITAL TWIN MARKET FOR OTHERS, BY TYPE, 2016–2025 (USD MILLION) 75
TABLE 40 DIGITAL TWIN MARKET FOR OTHERS, BY REGION, 2016–2025 (USD MILLION) 75
TABLE 41 DIGITAL TWIN MARKET FOR OTHERS IN NORTH AMERICA, BY COUNTRY 2016–2025 (USD MILLION) 76
TABLE 42 DIGITAL TWIN MARKET FOR OTHERS IN EUROPE, BY COUNTRY 2016–2025 (USD MILLION) 76
TABLE 43 DIGITAL TWIN MARKET FOR OTHERS IN APAC, BY COUNTRY 2016–2025 (USD MILLION) 77
TABLE 44 DIGITAL TWIN MARKET FOR OTHERS IN ROW, BY COUNTRY 2016–2025 (USD MILLION) 77
TABLE 45 DIGITAL TWIN MARKET, BY REGION, 2016–2025 (USD MILLION) 79
TABLE 46 DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY 2016–2025 (USD MILLION) 81
TABLE 47 DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY, 2016–2025 (USD MILLION) 84
TABLE 48 DIGITAL TWIN MARKET IN APAC, BY COUNTRY, 2016–2025 (USD MILLION) 86
TABLE 49 DIGITAL TWIN MARKET IN ROW, BY REGION, 2016–2025 (USD MILLION) 87
TABLE 50 KEY PRODUCT DEVELOPMENT/LAUNCH 90
TABLE 51 KEY MERGER AND ACQUISITION 91