デジタルスレッド市場 – 2030年までの世界予測

Digital Thread Market - Global Forecast To 2030

デジタルスレッド市場 - テクノロジー (PLM、SLM、CAD、MES、IoT、ERP、エッジ コンピューティング、デジタルツイン、ALM、SCADA)、モジュール (データ収集、データ管理と統合)、展開、アプリケーション、垂直、地域別 - 2030年までの世界予測
Digital Thread Market by Technology (PLM, SLM, CAD, MES, IoT, ERP, edge computing, Digital Twin, ALM, SCADA), Module (Data collection, Data management & Integration), Deployment, Application, Vertical, Region - Global Forecast to 2030

商品番号 : SMB-66157

出版社MarketsandMarkets
出版年月2024年9月
ページ数265
図表数282
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The increasing demand for real-time data analytics, automation, digitization, asset performance optimization, and predictive maintenance is driving the digital thread market, which is expected to grow from USD 11.42 billion in 2024 to USD 36.81 billion by 2030, with a 21.5% CAGR during this period.

リアルタイムのデータ分析、自動化、デジタル化、資産パフォーマンスの最適化、予知保全に対する需要の高まりにより、デジタル スレッド市場が推進されています。それは、2024 年の 114 億 2000 万米ドルから 2030 年までに 368 億 1000 万米ドルに成長し、この期間の CAGR は 21.5% になると予想されています。

Advancements in IoT, AI, and cloud computing, the emergence of Industry 4.0 and smart manufacturing, and the demand for increased PLM are all key drivers of this expansion. Furthermore, regulatory compliance, the demand for customization, sustainability considerations, and the complexities of global supply chains are major drivers in the industry.

デジタルスレッド市場 - 2030年までの世界予測
Digital Thread Market

“Edge computing segment is expected to grow with highest CAGR during forecast period”

Edge computing is a networking technology that moves data storage and computing closer to the source of data. Edge computing technology segment in digital thread market is expected to grow with highest CAGR during forecast period. Edge computing uses digital threads to process data in real time. It combines data from edge devices into centralized systems, allowing for localized decision-making. It improves predictive maintenance, bandwidth optimization, and data security. By doing so, the digital thread with edge computing reduces latency and simplifies compliance, ensuring the system’s overall efficiency for responsive and intelligent operations in remote environments.

デジタルスレッド市場 - 2030年までの世界予測
Digital Thread Market – Global Forecast To 2030

“Automotive segment holds the largest market share of digital thread market in 2023”

The automotive industry holds the largest share in digital thread market, as it requires the management of very complex manufacturing processes with extended supply chains and tight regulatory compliance. With digital threads, fully integrated data across a vehicle’s lifecycle-from design and production onwards-fosters innovation, personalization, and efficiency. This also enables the industries to meet the standards of safety requirements, efficient supply chains, and cost economy; thus, digital threads are indispensable for automotive processes.

デジタルスレッド市場 - 2030年までの世界予測 ecosystem
Digital Thread Market – ecosystem

“Cloud-based digital thread segment is expected to grow with highest CAGR during the forecast period”

The digital thread market is segmented into two deployment types such as on-presmises and cloud-based. The cloud-based digital thread category is predicted to develop at the highest CAGR due to its scalability, cost-effectiveness, and flexibility. Cloud solutions include real-time data processing and integration, remote access and collaboration, and powerful analytics and AI tools. These advantages encourage the spread of cloud-based digital threads because they offer a more adaptive and cost-effective solution to managing and optimizing complicated data across industries. These advantages encourage the spread of cloud-based digital threads because they offer a more adaptive and cost-effective solution to managing and optimizing complicated data across industries.

“The US in holds the largest market share of digital thread market in 2023.”

North America comprises the US, Canada, and Mexico. Of these, the US captures the maximum market share of North America. The US is expected to contribute significantly to market growth due to the enhanced adoption of technology and product development. Being a global leader in innovation, particularly in precision engineering and manufacturing, the digital thread market of the United States is on a surge.

The growth of the market in US is also attributed to presence of prominent market players such as PTC (US), IBM (US), Rockwell Automation (US), Autodesk, Inc. (US), Oracle (US), General Electric (US).

The break-up of the profiles of primary participants:

  • By Company Type – Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
  • By Designation – C-level Executives – 48%, Directors – 33%, and Others – 19%
  • By Region – North America – 35%, Europe – 18%, Asia Pacific – 40%, and Rest of the World – 7%
デジタルスレッド市場 - 2030年までの世界予測 region
Digital Thread Market – region

Major players in the digital thread market include The report profiles key players such PTC (US), IBM (US), Siemens (Germany), Dassault Systemes (France), Rockwell Automation (US), Autodesk, Inc. (US), Oracle (US), AVEVA Group Limited (UK), SAP (Germany), General Electric (US), Accenture (Ireland) , and others.

Research Coverage

The report segments the digital thread l market by Of technology, module, deployment, application, vertical and Region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.

Reasons to buy the report:

The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall digital thread market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of critical drivers (Growing Demand for Real-Time Data Analytics, Growing emphasis on automation and digitization, Increasing demand for asset performance optimization and predictive maintenance.), restraints (Data Silos and Heterogeneity, Cyber security and Data Privacy Concern), opportunities (Building Digital Threads with Enterprise Integration Platform as a Service (PaaS), Advancements in Artificial Intelligence (AI) and Machine Learning), challenges (Complexity and Cost of Implementation, Unplanned downtime due to malfunctioning or failure of valves) influencing the growth of the digital thread market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the digital thread market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the digital thread market across various regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the digital thread market.
  • Competitive Assessment: such PTC (US), IBM (US), Siemens (Germany), Dassault Systemes (France), Rockwell Automation (US), Autodesk, Inc. (US), Oracle (US), AVEVA Group Limited (UK), SAP (Germany), General Electric (US), Accenture (Ireland) and others.

Table of Contents

1            INTRODUCTION            24

1.1         STUDY OBJECTIVES      24

1.2         MARKET DEFINITION   24

1.3         STUDY SCOPE  25

1.3.1      MARKETS COVERED AND REGIONAL SCOPE     25

1.3.2      INCLUSIONS AND EXCLUSIONS 26

1.3.3      YEARS CONSIDERED     27

1.4         CURRENCY CONSIDERED          27

1.5         LIMITATIONS   27

1.6         STAKEHOLDERS            28

2            RESEARCH METHODOLOGY     29

2.1         RESEARCH DATA           29

2.1.1      SECONDARY DATA       30

2.1.1.1   List of key secondary sources           30

2.1.1.2   Key data from secondary sources     30

2.1.2      PRIMARY DATA 31

2.1.2.1   List of key interview participants      31

2.1.2.2   Breakdown of primaries     31

2.1.2.3   Key data from primary sources         32

2.1.2.4   Key industry insights          33

2.1.3      SECONDARY AND PRIMARY RESEARCH 34

2.2         MARKET SIZE ESTIMATION       34

2.2.1      BOTTOM-UP APPROACH           35

2.2.1.1   Approach to estimate market size using bottom-up analysis       35

2.2.2      TOP-DOWN APPROACH             36

2.2.2.1   Approach to estimate market size using top-down analysis         36

2.3         DATA TRIANGULATION             38

2.4         RESEARCH ASSUMPTIONS         39

2.5         RISK ANALYSIS 39

2.6         RESEARCH LIMITATIONS           40

3            EXECUTIVE SUMMARY 41

4            PREMIUM INSIGHTS      46

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN DIGITAL THREAD MARKET         46

4.2         DIGITAL THREAD MARKET, BY DEPLOYMENT  46

4.3         DIGITAL THREAD MARKET, BY MODULE           47

4.4         DIGITAL THREAD MARKET, BY APPLICATION  47

4.5         DIGITAL THREAD MARKET, BY TECHNOLOGY 48

4.6         DIGITAL THREAD MARKET, BY END-USE INDUSTRY     49

4.7         DIGITAL THREAD MARKET, BY REGION             50

4.8         DIGITAL THREAD MARKET, BY COUNTRY         50

5            MARKET OVERVIEW     51

5.1         INTRODUCTION            51

5.2         MARKET DYNAMICS     51

5.2.1      DRIVERS            52

5.2.1.1   Growing demand for real-time data analytics 52

5.2.1.2   Rising emphasis on automation and digitization           52

5.2.1.3   Increasing demand for asset performance optimization and predictive maintenance        52

5.2.2      RESTRAINTS     53

5.2.2.1   Data silos and heterogeneity issues  53

5.2.2.2   Cyber security and data privacy concerns       53

5.2.3      OPPORTUNITIES           54

5.2.3.1   Building digital threads with enterprise iPaaS 54

5.2.3.2   Advancements in AI and ML           54

5.2.4      CHALLENGES   55

5.2.4.1   High cost of implementation            55

5.2.4.2   Lack of standardization      55

5.3         SUPPLY CHAIN ANALYSIS          56

5.4         ECOSYSTEM ANALYSIS 58

5.5         INVESTMENT AND FUNDING SCENARIO            59

5.6         PRICING ANALYSIS        60

5.6.1      AVERAGE SELLING PRICE TREND OF PLM OFFERED BY KEY PLAYERS              60

5.6.2      INDICATIVE PRICING TREND, BY TECHNOLOGY            61

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       62

5.8         PORTER’S FIVE FORCES ANALYSIS         63

5.8.1      THREAT OF NEW ENTRANTS    64

5.8.2      THREAT OF SUBSTITUTES         64

5.8.3      BARGAINING POWER OF SUPPLIERS     64

5.8.4      BARGAINING POWER OF BUYERS           64

5.8.5      INTENSITY OF COMPETITIVE RIVALRY 65

5.9         KEY STAKEHOLDERS AND BUYING CRITERIA    65

5.9.1      KEY STAKEHOLDERS IN BUYING PROCESS         65

5.9.2      BUYING CRITERIA         66

5.10       CASE STUDY ANALYSIS 67

5.10.1    POLARIS LEVERAGED PTC’S WINDCHILL ENTERPRISE PLM SOLUTION THAT OPTIMIZED COSTS          67

5.10.2    CELLI GROUP IMPLEMENTED DIGITAL THREAD USING PTC PRODUCT SUITE THAT INTEGRATED AND SYNCHRONIZED DATA ACROSS PRODUCT LIFECYCLE  67

5.10.3    KIRLOSKAR COLLABORATED WITH PTC TO DEVELOP DIGITAL THREAD THAT IMPROVED AND EXPEDITED CUSTOMER SERVICE         68

5.11       TECHNOLOGY ANALYSIS           68

5.11.1    KEY TECHNOLOGIES    68

5.11.1.1 Industrial cybersecurity     68

5.11.2    COMPLEMENTARY TECHNOLOGIES     69

5.11.2.1 Blockchain           69

5.11.3    ADJACENT TECHNOLOGIES      69

5.11.3.1 AR and VR           69

5.12       TRADE ANALYSIS          69

5.12.1    IMPORT DATA (HS CODE 851769)           70

5.12.2    EXPORT DATA (HS CODE 851769)           71

5.13       PATENT ANALYSIS        72

5.14       KEY CONFERENCES AND EVENTS, 2024–2025     75

5.15       REGULATORY LANDSCAPE       76

5.15.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          76

5.15.2    STANDARDS     79

5.16       IMPACT OF AI/GENERATIVE AI ON DIGITAL THREAD MARKET 80

5.16.1    INTRODUCTION            80

5.16.2    CASE STUDY     82

5.16.3    FUTURE OF AI/GENERATIVE AI IN DIGITAL THREAD MARKET  83

6            DIGITAL THREAD MARKET, BY TECHNOLOGY 84

6.1         INTRODUCTION            85

6.2         PLM      87

6.2.1      RISING SHIFT TOWARD CLOUD-BASED SOLUTIONS TO OFFER LUCRATIVE GROWTH OPPORTUNITIES             87

6.3         APM      88

6.3.1      INTEGRATION OF IOT TO OBTAIN REAL-TIME INSIGHTS TO BOOST DEMAND           88

6.4         CAD      90

6.4.1      INCREASING ADOPTION IN MANUFACTURING AND AEROSPACE INDUSTRIES TO DRIVE MARKET            90

6.5         CAM     91

6.5.1      GROWING ADOPTION OF CNC MACHINING TO ACCELERATE DEMAND           91

6.6         SLM      93

6.6.1      SURGING DEMAND FOR PERSONALIZED SERVICES TO DRIVE MARKET              93

6.7         ALM      94

6.7.1      INTEGRATION WITH DEVOPS TO AUTOMATE WORKFLOWS TO FUEL MARKET GROWTH        94

6.8         MRP      96

6.8.1      ADOPTION OF ADVANCED ANALYTICS AND AI TO ACCELERATE DEMAND           96

6.9         ERP       97

6.9.1      GROWING NEED TO REDUCE MANUAL EFFORTS TO BOOST DEMAND              97

6.10       MES      99

6.10.1    RISING ADOPTION OF SMART MANUFACTURING TO DRIVE MARKET              99

6.11       EDGE COMPUTING       100

6.11.1    DECREASED LATENCY AND IMPROVED SECURITY TO SPUR DEMAND              100

6.12       INDUSTRIAL SENSORS  102

6.12.1    GROWING ADOPTION IN MANUFACTURING, ENERGY, HEALTHCARE INDUSTRIES TO FUEL MARKET GROWTH          102

6.13       SCADA 103

6.13.1    INCREASING NEED TO MONITOR COMPLEX SYSTEMS IN INDUSTRIAL PLANTS TO BOOST DEMAND   103

6.14       INDUSTRIAL COMMUNICATION            105

6.14.1    ASSISTANCE IN DECISION-MAKING AND PROCESS OPTIMIZATION TO DRIVE MARKET 105

7            DIGITAL THREAD MARKET, BY MODULE           107

7.1         INTRODUCTION            108

7.2         DATA COLLECTION      109

7.2.1      INCREASING DEMAND FOR UNIFIED AND REAL-TIME FLOW OF INFORMATION TO DRIVE MARKET       109

7.3         DATA MANAGEMENT & INTEGRATION 109

7.3.1      RISING DEMAND FOR WELL-STRUCTURED DATA COLLECTION TO FUEL MARKET GROWTH            109

7.4         CONNECTIVITY & INTEROPERABILITY 109

7.4.1      ABILITY TO OFFER SEAMLESS COMMUNICATION AND DATA EXCHANGE BETWEEN PLATFORMS AND DEVICES TO DRIVE MARKET  109

7.5         ANALYTICS & VISUALIZATION  110

7.5.1      ENHANCED DECISION-MAKING AND IMPROVED OPERATIONAL EFFICIENCY TO OFFER LUCRATIVE GROWTH OPPORTUNITIES 110

8            DIGITAL THREAD MARKET, BY DEPLOYMENT  111

8.1         INTRODUCTION            112

8.2         ON-PREMISES   113

8.2.1      PRESSING NEED TO SECURE DATA TO DRIVE MARKET 113

8.3         CLOUD-BASED 115

8.3.1      GROWING NEED TO REDUCE UPFRONT INVESTMENT IN IT INFRASTRUCTURE TO SPUR DEMAND  115

9            DIGITAL THREAD MARKET, BY APPLICATION  117

9.1         INTRODUCTION            118

9.2         DESIGN & ENGINEERING           119

9.2.1      REDUCED NEED FOR PHYSICAL PROTOTYPES TO BOOST DEMAND              119

9.3         MANUFACTURING        119

9.3.1      INCREASING DEMAND TO ADDRESS COMPLEXITIES OF MANUFACTURING PROCESSES TO FUEL MARKET GROWTH     119

9.4         DISTRIBUTION 120

9.4.1      ABILITY TO OFFER REAL-TIME PRODUCT TRACKING TO ACCELERATE DEMAND           120

9.5         CUSTOMER SUPPORT   120

9.5.1      GROWING FOCUS ON ENHANCING REAL-TIME PERFORMANCE TO BOOST DEMAND           120

9.6         MAINTENANCE & SERVICES      120

9.6.1      RISING EMPHASIS ON BOOSTING ASSET MANAGEMENT AND SERVICE OPERATIONS TO SPUR DEMAND           120

10          DIGITAL THREAD MARKET, BY END-USE INDUSTRY     121

10.1       INTRODUCTION            122

10.2       AUTOMOTIVE  124

10.2.1    ABILITY TO FACILITATE REAL-TIME COLLABORATION TO DRIVE MARKET            124

10.3       AEROSPACE      126

10.3.1    ADOPTION OF BIG DATA AND IOT TO OFFER LUCRATIVE GROWTH OPPORTUNITIES           126

10.4       ENERGY & POWER         129

10.4.1    INTEGRATION OF IOT, AI, AND PREDICTIVE ANALYTICS FOR ENHANCED ASSET MANAGEMENT TO FUEL MARKET GROWTH             129

10.5       PHARMACEUTICALS     131

10.5.1    IMPROVED DECISION-MAKING AND OPERATIONAL EFFICIENCY TO DRIVE MARKET 131

10.6       MEDICAL DEVICES        134

10.6.1    ENHANCED PATIENT CARE AND DEVICE PERFORMANCE TO FUEL MARKET GROWTH        134

10.7       OIL & GAS          136

10.7.1    RISING EMPHASIS ON DIGITAL TRANSFORMATION TO DRIVE MARKET              136

10.8       CONSUMER GOODS      139

10.8.1    INCREASING FOCUS ON OFFERING PERSONALIZED EXPERIENCES TO BOOST DEMAND           139

10.9       ELECTRONICS & SEMICONDUCTORS    141

10.9.1    GROWING DEMAND FOR ACCURATE PRODUCT DEVELOPMENT TO DRIVE MARKET 141

10.10     HEAVY MACHINERY      144

10.10.1  IMPROVED VISIBILITY AND TRACEABILITY TO FUEL MARKET GROWTH          144

10.11     CHEMICALS      146

10.11.1  REDUCED WASTE AND DOWNTIME TO SPUR DEMAND 146

10.12     FOOD & BEVERAGES     149

10.12.1  ADOPTION OF CLOUD-BASED MANAGEMENT PLATFORMS TO FUEL MARKET GROWTH        149

10.13     OTHERS             151

11          DIGITAL THREAD MARKET, BY REGION             154

11.1       INTRODUCTION            155

11.2       NORTH AMERICA          156

11.2.1    MACROECONOMIC OUTLOOK FOR NORTH AMERICA   156

11.2.2    US         159

11.2.2.1 Growing adoption in aerospace and defense sectors to drive market         159

11.2.3    CANADA            160

11.2.3.1 Government-led initiatives to boost digitalization in manufacturing industry to spur demand        160

11.2.4    MEXICO             160

11.2.4.1 Rising automation in manufacturing sector to fuel market growth            160

11.3       EUROPE             161

11.3.1    MACROECONOMIC OUTLOOK FOR EUROPE     161

11.3.2    UK         164

11.3.2.1 Adoption of innovative manufacturing initiatives to accelerate demand   164

11.3.3    GERMANY         165

11.3.3.1 Thriving automotive and machinery sectors to spur demand      165

11.3.4    FRANCE             165

11.3.4.1 Rising emphasis on developing next-generation digital factories to offer lucrative growth opportunities         165

11.3.5    REST OF EUROPE           165

11.4       ASIA PACIFIC    166

11.4.1    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC          166

11.4.2    CHINA  170

11.4.2.1 Increasing focus on smart manufacturing projects to boost demand         170

11.4.3    JAPAN  170

11.4.3.1 Growing emphasis on modernizing manufacturing infrastructure to drive market              170

11.4.4    SOUTH KOREA 171

11.4.4.1 Integration of digital technologies with intelligent manufacturing processes to fuel market growth     171

11.4.5    INDIA   171

11.4.5.1 Rising demand for real-time monitoring and reduced manufacturing costs to drive market   171

11.4.6    REST OF ASIA PACIFIC  171

11.5       ROW     172

11.5.1    MACROECONOMIC OUTLOOK FOR ROW           172

11.5.2    MIDDLE EAST  175

11.5.2.1 increasing partnerships among industry vendors and process licensors to boost demand 175

11.5.2.2 GCC countries     175

11.5.2.3 Rest of Middle East            175

11.5.3    AFRICA 176

11.5.3.1 Rising investments in industrial automation and digital transformation to offer lucrative growth opportunities         176

11.5.4    SOUTH AMERICA           176

11.5.4.1 Growing number of smart factories to fuel market growth          176

12          COMPETITIVE LANDSCAPE       177

12.1       OVERVIEW        177

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2024     177

12.3       REVENUE ANALYSIS, 2019–2023 178

12.4       MARKET SHARE ANALYSIS, 2023             179

12.5       COMPANY VALUATION AND FINANCIAL METRICS        181

12.6       BRAND/PRODUCT COMPARISON          182

12.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   182

12.7.1    STARS  182

12.7.2    EMERGING LEADERS    182

12.7.3    PERVASIVE PLAYERS     183

12.7.4    PARTICIPANTS 183

12.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      184

12.7.5.1 Company footprint            184

12.7.5.2 Deployment footprint        185

12.7.5.3 Technology footprint         186

12.7.5.4 End-use industry footprint 187

12.7.5.5 Region footprint  189

12.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          190

12.8.1    PROGRESSIVE COMPANIES       190

12.8.2    RESPONSIVE COMPANIES          190

12.8.3    DYNAMIC COMPANIES 190

12.8.4    STARTING BLOCKS       190

12.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             192

12.8.5.1 Detailed list of key startups/SMEs   192

12.8.5.2 Competitive benchmarking of key startups/SMEs        192

12.9       COMPETITIVE SCENARIO          193

12.9.1    PRODUCT LAUNCHES  193

12.9.2    DEALS  195

13          COMPANY PROFILES    200

13.1       KEY PLAYERS   200

13.1.1    SIEMENS            200

13.1.1.1 Business overview 200

13.1.1.2 Products/Solutions/Services offered 201

13.1.1.3 Recent developments         202

13.1.1.3.1            Product launches 202

13.1.1.3.2            Deals     202

13.1.1.4 MnM view           203

13.1.1.4.1            Key strengths/Right to win 203

13.1.1.4.2            Strategic choices  203

13.1.1.4.3            Weaknesses/Competitive threats     204

13.1.2    PTC      205

13.1.2.1 Business overview 205

13.1.2.2 Products/Solutions/Services offered 207

13.1.2.3 Recent developments         208

13.1.2.3.1            Deals     208

13.1.2.4 MnM view           209

13.1.2.4.1            Key strengths/Right to win 209

13.1.2.4.2            Strategic choices  209

13.1.2.4.3            Weaknesses/Competitive threats     209

13.1.3    DASSAULT SYSTÈMES   210

13.1.3.1 Business overview 210

13.1.3.2 Products/Solutions/Services offered 211

13.1.3.3 Recent developments         212

13.1.3.3.1            Deals     212

13.1.3.4 MnM view           213

13.1.3.4.1            Key strengths/Right to win 213

13.1.3.4.2            Strategic choices  213

13.1.3.4.3            Weaknesses/Competitive threats     214

13.1.4    IBM       215

13.1.4.1 Business overview 215

13.1.4.2 Products/Solutions/Services offered 216

13.1.4.3 Recent developments         217

13.1.4.3.1            Deals     217

13.1.4.4 MnM view           218

13.1.4.4.1            Key strengths/Right to win 218

13.1.4.4.2            Strategic choices  218

13.1.4.4.3            Weaknesses/Competitive threats     218

13.1.5    SAP       219

13.1.5.1 Business overview 219

13.1.5.2 Products/Solutions/Services offered 220

13.1.5.3 Recent developments         221

13.1.5.3.1            Product launches 221

13.1.5.3.2            Deals     221

13.1.5.4 MnM view           221

13.1.5.4.1            Key strengths/Right to win 221

13.1.5.4.2            Strategic choices  221

13.1.5.4.3            Weaknesses/Competitive threats     221

13.1.6    ROCKWELL AUTOMATION        222

13.1.6.1 Business overview 222

13.1.6.2 Products/Solutions/Services offered 223

13.1.6.3 Recent developments         224

13.1.6.3.1            Deals     224

13.1.7    AUTODESK INC.             225

13.1.7.1 Business overview 225

13.1.7.2 Products/Solutions/Services offered 226

13.1.7.3 Recent developments         227

13.1.7.3.1            Product launches 227

13.1.7.3.2            Deals     227

13.1.8    ORACLE             228

13.1.8.1 Business overview 228

13.1.8.2 Products/Solutions/Services offered 229

13.1.8.3 Recent developments         230

13.1.8.3.1            Product launches 230

13.1.9    AVEVA GROUP LIMITED            231

13.1.9.1 Business overview 231

13.1.9.2 Products/Solutions/Services offered 231

13.1.9.3 Recent developments         232

13.1.9.3.1            Product launches 232

13.1.10  GENERAL ELECTRIC COMPANY 233

13.1.10.1             Business overview 233

13.1.10.2             Products/Solutions/Services offered 234

13.1.10.3             Recent developments         235

13.1.10.3.1          Deals     235

13.2       OTHER PLAYERS           236

13.2.1    ACCENTURE     236

13.2.2    ANSYS, INC.       237

13.2.3    TATA CONSULTANCY SERVICES LIMITED          238

13.2.4    HEXAGON AB   239

13.2.5    COGNIZANT     240

13.2.6    DXC TECHNOLOGY COMPANY 241

13.2.7    BOSCH GLOBAL SOFTWARE TECHNOLOGIES PRIVATE LIMITED              242

13.2.8    BENTLEY SYSTEMES, INCORPORATED 243

13.2.9    MATTERPORT INC.       244

13.2.10  HITACHI VANTARA LLC             245

13.2.11  PROSTEP INC    246

13.2.12  ARAS    247

13.2.13  ALTAIR ENGINEERING INC.       248

13.2.14  RAZORLEAF      249

13.2.15  CAPGEMINI      250

14          ADJACENT MARKET      251

14.1       DIGITAL TWIN MARKET, BY ENTERPRISE           251

14.1.1    INTRODUCTION            251

14.1.2    LARGE ENTERPRISES    253

14.1.2.1 Adoption of blockchain technology in healthcare and oil & gas industries to spur demand 253

14.1.3    SMALL & MEDIUM ENTERPRISES           255

14.1.3.1 Improved inventory management and quick access to real-time data to fuel market growth   255

15          APPENDIX         257

15.1       INSIGHTS FROM INDUSTRY EXPERTS   257

15.2       DISCUSSION GUIDE      258

15.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             261

15.4       CUSTOMIZATION OPTIONS      263

15.5       RELATED REPORTS       263

15.6       AUTHOR DETAILS         264

LIST OF TABLES

TABLE 1             ROLES OF COMPANIES IN DIGITAL THREAD ECOSYSTEM              58

TABLE 2             AVERAGE SELLING PRICE TREND OF PLM OFFERED BY KEY PLAYERS,

BY REGION (USD)          61

TABLE 3             INDICATIVE PRICING TREND, BY TECHNOLOGY (USD) 61

TABLE 4             DIGITAL THREAD MARKET: PORTER’S FIVE FORCES ANALYSIS              64

TABLE 5             INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES (%)       65

TABLE 6             KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              66

TABLE 7             IMPORT DATA FOR HS CODE 851769-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            70

TABLE 8             EXPORT DATA FOR HS CODE 851769-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            71

TABLE 9             LIST OF APPLIED/GRANTED PATENTS RELATED TO DIGITAL THREAD MARKET, 2022–2023     72

TABLE 10           DIGITAL THREAD MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025        75

TABLE 11           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         76

TABLE 12           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77

TABLE 13           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         78

TABLE 14           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          78

TABLE 15           DIGITAL THREAD MARKET: STANDARDS           79

TABLE 16           DIGITAL THREAD MARKET, BY TECHNOLOGY, 2022–2023 (USD MILLION)          86

TABLE 17           DIGITAL THREAD MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)          86

TABLE 18           PLM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          87

TABLE 19           PLM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          88

TABLE 20           APM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          89

TABLE 21           APM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          89

TABLE 22           CAD: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          90

TABLE 23           CAD: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          91

TABLE 24           CAM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          92

TABLE 25           CAM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          92

TABLE 26           SLM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          93

TABLE 27           SLM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          94

TABLE 28           ALM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          95

TABLE 29           ALM: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          95

TABLE 30           MRP: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          96

TABLE 31           MRP: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          97

TABLE 32           ERP: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          98

TABLE 33           ERP: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          98

TABLE 34           MES: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          99

TABLE 35           MES: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          100

TABLE 36           EDGE COMPUTING: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          101

TABLE 37           EDGE COMPUTING: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          101

TABLE 38           INDUSTRIAL SENSORS: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          102

TABLE 39           INDUSTRIAL SENSORS: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          103

TABLE 40           SCADA: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          104

TABLE 41           SCADA: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          104

TABLE 42           INDUSTRIAL COMMUNICATION: DIGITAL THREAD MARKET, BY END-USE INDUSTRY, 2022–2023 (USD MILLION)        105

TABLE 43           INDUSTRIAL COMMUNICATION: DIGITAL THREAD MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)        106

TABLE 44           DIGITAL THREAD MARKET, BY MODULE, 2022–2023 (USD MILLION)          108

TABLE 45           DIGITAL THREAD MARKET, BY MODULE, 2024–2030 (USD MILLION)          108

TABLE 46           DIGITAL THREAD MARKET, BY DEPLOYMENT, 2022–2023 (USD MILLION)          112

TABLE 47           DIGITAL THREAD MARKET, BY DEPLOYMENT, 2024–2030 (USD MILLION)          113

TABLE 48           ON-PREMISES: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          114

TABLE 49           ON-PREMISES: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          114

TABLE 50           CLOUD-BASED: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          116

TABLE 51           CLOUD-BASED: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          116

TABLE 52           DIGITAL THREAD MARKET, BY APPLICATION, 2022–2023 (USD MILLION)          118

TABLE 53           DIGITAL THREAD MARKET, BY APPLICATION, 2024–2030 (USD MILLION)          119

TABLE 54           DIGITAL THREAD MARKET, BY END-USE INDUSTRY, 2022–2023 (USD MILLION) 123

TABLE 55           DIGITAL THREAD MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 123

TABLE 56           AUTOMOTIVE: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          124

TABLE 57           AUTOMOTIVE: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          125

TABLE 58           AUTOMOTIVE: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          125

TABLE 59           AUTOMOTIVE: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          125

TABLE 60           AUTOMOTIVE: DIGITAL THREAD MARKET, BY REGION, 2022–2023 (USD MILLION)     126

TABLE 61           AUTOMOTIVE: DIGITAL THREAD MARKET, BY REGION, 2024–2030 (USD MILLION)     126

TABLE 62           AEROSPACE: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          127

TABLE 63           AEROSPACE: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          127

TABLE 64           AEROSPACE: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          128

TABLE 65           AEROSPACE: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          128

TABLE 66           AEROSPACE: DIGITAL THREAD MARKET, BY REGION, 2022–2023 (USD MILLION)     128

TABLE 67           AEROSPACE: DIGITAL THREAD MARKET, BY REGION, 2024–2030 (USD MILLION)     128

TABLE 68           ENERGY & POWER: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          129

TABLE 69           ENERGY & POWER: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          130

TABLE 70           ENERGY & POWER: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          130

TABLE 71           ENERGY & POWER: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          130

TABLE 72           ENERGY & POWER: DIGITAL THREAD MARKET, BY REGION,

2022–2023 (USD MILLION)          131

TABLE 73           ENERGY & POWER: DIGITAL THREAD MARKET, BY REGION,

2024–2030 (USD MILLION)          131

TABLE 74           PHARMACEUTICALS: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          132

TABLE 75           PHARMACEUTICALS: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          132

TABLE 76           PHARMACEUTICALS: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          133

TABLE 77           PHARMACEUTICALS: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          133

TABLE 78           PHARMACEUTICALS: DIGITAL THREAD MARKET, BY REGION,

2022–2023 (USD MILLION)          133

TABLE 79           PHARMACEUTICALS: DIGITAL THREAD MARKET, BY REGION,

2024–2030 (USD MILLION)          133

TABLE 80           MEDICAL DEVICES: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          134

TABLE 81           MEDICAL DEVICES: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          135

TABLE 82           MEDICAL DEVICES: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          135

TABLE 83           MEDICAL DEVICES: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          135

TABLE 84           MEDICAL DEVICES: DIGITAL THREAD MARKET, BY REGION,

2022–2023 (USD MILLION)          136

TABLE 85           MEDICAL DEVICES: DIGITAL THREAD MARKET, BY REGION,

2024–2030 (USD MILLION)          136

TABLE 86           OIL & GAS: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          137

TABLE 87           OIL & GAS: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          137

TABLE 88           OIL & GAS: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          138

TABLE 89           OIL & GAS: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          138

TABLE 90           OIL & GAS: DIGITAL THREAD MARKET, BY REGION, 2022–2023 (USD MILLION) 138

TABLE 91           OIL & GAS: DIGITAL THREAD MARKET, BY REGION, 2024–2030 (USD MILLION) 138

TABLE 92           CONSUMER GOODS: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          139

TABLE 93           CONSUMER GOODS: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          140

TABLE 94           CONSUMER GOODS: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          140

TABLE 95           CONSUMER GOODS: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          140

TABLE 96           CONSUMER GOODS: DIGITAL THREAD MARKET, BY REGION,

2022–2023 (USD MILLION)          141

TABLE 97           CONSUMER GOODS: DIGITAL THREAD MARKET, BY REGION,

2024–2030 (USD MILLION)          141

TABLE 98           ELECTRONICS & SEMICONDUCTORS: DIGITAL THREAD MARKET, BY TECHNOLOGY, 2022–2023 (USD MILLION) 142

TABLE 99           ELECTRONICS & SEMICONDUCTORS: DIGITAL THREAD MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 142

TABLE 100         ELECTRONICS & SEMICONDUCTORS: DIGITAL THREAD MARKET, BY DEPLOYMENT, 2022–2023 (USD MILLION) 143

TABLE 101         ELECTRONICS & SEMICONDUCTORS: DIGITAL THREAD MARKET, BY DEPLOYMENT, 2024–2030 (USD MILLION) 143

TABLE 102         ELECTRONICS & SEMICONDUCTORS: DIGITAL THREAD MARKET, BY REGION, 2022–2023 (USD MILLION)            143

TABLE 103         ELECTRONICS & SEMICONDUCTORS: DIGITAL THREAD MARKET, BY REGION, 2024–2030 (USD MILLION)            143

TABLE 104         HEAVY MACHINERY: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          144

TABLE 105         HEAVY MACHINERY: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          145

TABLE 106         HEAVY MACHINERY: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          145

TABLE 107         HEAVY MACHINERY: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          145

TABLE 108         HEAVY MACHINERY: DIGITAL THREAD MARKET, BY REGION,

2022–2023 (USD MILLION)          146

TABLE 109         HEAVY MACHINERY: DIGITAL THREAD MARKET, BY REGION,

2024–2030 (USD MILLION)          146

TABLE 110         CHEMICALS: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          147

TABLE 111         CHEMICALS: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          147

TABLE 112         CHEMICALS: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          148

TABLE 113         CHEMICALS: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          148

TABLE 114         CHEMICALS: DIGITAL THREAD MARKET, BY REGION, 2022–2023 (USD MILLION)     148

TABLE 115         CHEMICALS: DIGITAL THREAD MARKET, BY REGION, 2024–2030 (USD MILLION)     148

TABLE 116         FOOD & BEVERAGES: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2022–2023 (USD MILLION)          149

TABLE 117         FOOD & BEVERAGES: DIGITAL THREAD MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          150

TABLE 118         FOOD & BEVERAGES: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2022–2023 (USD MILLION)          150

TABLE 119         FOOD & BEVERAGES: DIGITAL THREAD MARKET, BY DEPLOYMENT,

2024–2030 (USD MILLION)          150

TABLE 120         FOOD & BEVERAGES: DIGITAL THREAD MARKET, BY REGION,

2022–2023 (USD MILLION)          151

TABLE 121         FOOD & BEVERAGES: DIGITAL THREAD MARKET, BY REGION,

2024–2030 (USD MILLION)          151

TABLE 122         OTHERS: DIGITAL THREAD MARKET, BY TECHNOLOGY, 2022–2023 (USD MILLION)     152

TABLE 123         OTHERS: DIGITAL THREAD MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)     152

TABLE 124         OTHERS: DIGITAL THREAD MARKET, BY DEPLOYMENT, 2022–2023 (USD MILLION)     153

TABLE 125         OTHERS: DIGITAL THREAD MARKET, BY DEPLOYMENT, 2024–2030 (USD MILLION)     153

TABLE 126         OTHERS: DIGITAL THREAD MARKET, BY REGION, 2022–2023 (USD MILLION) 153

TABLE 127         OTHERS: DIGITAL THREAD MARKET, BY REGION, 2024–2030 (USD MILLION) 153

TABLE 128         DIGITAL THREAD MARKET, BY REGION, 2022–2023 (USD MILLION)          155

TABLE 129         DIGITAL THREAD MARKET, BY REGION, 2024–2030 (USD MILLION)          156

TABLE 130         NORTH AMERICA: DIGITAL THREAD MARKET, BY COUNTRY,

2022–2023 (USD MILLION)          158

TABLE 131         NORTH AMERICA: DIGITAL THREAD MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          158

TABLE 132         NORTH AMERICA: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          158

TABLE 133         NORTH AMERICA: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          159

TABLE 134         EUROPE: DIGITAL THREAD MARKET, BY COUNTRY, 2022–2023 (USD MILLION) 162

TABLE 135         EUROPE: DIGITAL THREAD MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 163

TABLE 136         EUROPE: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          163

TABLE 137         EUROPE: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          164

TABLE 138         ASIA PACIFIC: DIGITAL THREAD MARKET, BY COUNTRY, 2022–2023 (USD MILLION)     168

TABLE 139         ASIA PACIFIC: DIGITAL THREAD MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     168

TABLE 140         ASIA PACIFIC: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          169

TABLE 141         ASIA PACIFIC: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          169

TABLE 142         ROW: DIGITAL THREAD MARKET, BY REGION, 2022–2023 (USD MILLION)          173

TABLE 143         ROW: DIGITAL THREAD MARKET, BY REGION, 2024–2030 (USD MILLION)          173

TABLE 144         MIDDLE EAST: DIGITAL THREAD MARKET, BY COUNTRY,

2022–2023 (USD MILLION)          174

TABLE 145         MIDDLE EAST: DIGITAL THREAD MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          174

TABLE 146         ROW: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2022–2023 (USD MILLION)          174

TABLE 147         ROW: DIGITAL THREAD MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          175

TABLE 148         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2024     177

TABLE 149         DIGITAL THREAD MARKET: DEGREE OF COMPETITION, 2023              179

TABLE 150         DIGITAL THREAD MARKET: DEPLOYMENT FOOTPRINT              185

TABLE 151         DIGITAL THREAD MARKET: TECHNOLOGY FOOTPRINT              186

TABLE 152         DIGITAL THREAD MARKET: END-USE INDUSTRY FOOTPRINT              187

TABLE 153         DIGITAL THREAD MARKET: REGION FOOTPRINT          189

TABLE 154         DIGITAL THREAD MARKET: DETAILED LIST OF KEY STARTUPS/SMES           192

TABLE 155         DIGITAL THREAD MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES, 2023  192

TABLE 156         DIGITAL THREAD MARKET: PRODUCT LAUNCHES, JANUARY 2022–AUGUST 2024        193

TABLE 157         DIGITAL THREAD MARKET: DEALS, JANUARY 2022–AUGUST 2024      195

TABLE 158         SIEMENS: COMPANY OVERVIEW            200

TABLE 159         SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              201

TABLE 160         SIEMENS: PRODUCT LAUNCHES            202

TABLE 161         SIEMENS: DEALS            202

TABLE 162         PTC: COMPANY OVERVIEW       205

TABLE 163         PTC: PRODUCTS/SOLUTIONS/SERVICES OFFERED        207

TABLE 164         PTC: DEALS      208

TABLE 165         DASSAULT SYSTÈMES: COMPANY OVERVIEW   210

TABLE 166         DASSAULT SYSTÈMES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          211

TABLE 167         DASSAULT SYSTÈMES: DEALS   212

TABLE 168         IBM: COMPANY OVERVIEW       215

TABLE 169         IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED        216

TABLE 170         IBM: DEALS       217

TABLE 171         SAP: COMPANY OVERVIEW       219

TABLE 172         SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED        220

TABLE 173         SAP: PRODUCT LAUNCHES       221

TABLE 174         SAP: DEALS       221

TABLE 175         ROCKWELL AUTOMATION: COMPANY OVERVIEW        222

TABLE 176         ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   223

TABLE 177         ROCKWELL AUTOMATION: DEALS        224

TABLE 178         AUTODESK INC.: COMPANY OVERVIEW             225

TABLE 179         AUTODESK INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              226

TABLE 180         AUTODESK INC.: PRODUCT LAUNCHES             227

TABLE 181         AUTODESK INC.: DEALS             227

TABLE 182         ORACLE: COMPANY OVERVIEW             228

TABLE 183         ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 229

TABLE 184         ORACLE: PRODUCT LAUNCHES             230

TABLE 185         AVEVA GROUP LIMITED: COMPANY OVERVIEW             231

TABLE 186         AVEVA GROUP LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED          231

TABLE 187         AVEVA GROUP LIMITED: PRODUCT LAUNCHES             232

TABLE 188         GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW 233

TABLE 189         GENERAL ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   234

TABLE 190         GENERAL ELECTRIC COMPANY: DEALS 235

TABLE 191         ACCENTURE: COMPANY OVERVIEW      236

TABLE 192         ANSYS, INC.: COMPANY OVERVIEW       237

TABLE 193         TATA CONSULTANCY SERVICES LIMITED: COMPANY OVERVIEW        238

TABLE 194         HEXAGON AB: COMPANY OVERVIEW    239

TABLE 195         COGNIZANT: COMPANY OVERVIEW      240

TABLE 196         DXC TECHNOLOGY COMPANY: COMPANY OVERVIEW 241

TABLE 197         BOSCH GLOBAL SOFTWARE TECHNOLOGIES PRIVATE LIMITED:

COMPANY OVERVIEW  242

TABLE 198         BENTLY SYSTEMES, INCORPORATED: COMPANY OVERVIEW              243

TABLE 199         MATTERPORT INC.: COMPANY OVERVIEW        244

TABLE 200         HITACHI VANTARA LLC: COMPANY OVERVIEW 245

TABLE 201         PROSTEP INC: COMPANY OVERVIEW    246

TABLE 202         ARAS: COMPANY OVERVIEW     247

TABLE 203         ALTAIR ENGINEERING INC.: COMPANY OVERVIEW        248

TABLE 204         RAZORLEAF: COMPANY OVERVIEW       249

TABLE 205         CAPGEMINI: COMPANY OVERVIEW       250

TABLE 206         DIGITAL TWIN MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION)          252

TABLE 207         DIGITAL TWIN MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION)          253

TABLE 208         LARGE ENTERPRISES: DIGITAL TWIN MARKET, BY REGION,

2019–2022 (USD MILLION)        254

TABLE 209         LARGE ENTERPRISES: DIGITAL TWIN MARKET, BY REGION,

2023–2028 (USD MILLION)          254

TABLE 210         SMALL & MEDIUM ENTERPRISES: DIGITAL TWIN MARKET, BY REGION,

2019–2022 (USD MILLION)          256

TABLE 211         SMALL & MEDIUM ENTERPRISES: DIGITAL TWIN MARKET, BY REGION,

2023–2028 (USD MILLION)          256

LIST OF FIGURES

FIGURE 1           DIGITAL THREAD MARKET SEGMENTATION AND REGIONAL SCOPE  25

FIGURE 2           DIGITAL THREAD MARKET: RESEARCH DESIGN             29

FIGURE 3           DIGITAL THREAD MARKET: BOTTOM-UP APPROACH  35

FIGURE 4           DIGITAL THREAD MARKET: TOP-DOWN APPROACH    36

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE):

REVENUE GENERATED BY DIGITAL THREAD PROVIDERS          37

FIGURE 6           DATA TRIANGULATION             38

FIGURE 7           CLOUD-BASED SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD     41

FIGURE 8           ANALYTICS & VISUALIZATION SEGMENT TO DOMINATE MARKET IN 2030             42

FIGURE 9           DESIGN & ENGINEERING SEGMENT TO LEAD MARKET IN 2024              42

FIGURE 10         EDGE COMPUTING SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD     43

FIGURE 11         AUTOMOTIVE SEGMENT TO DOMINATE MARKET IN 2030              44

FIGURE 12         NORTH AMERICA CLAIMED LARGEST MARKET SHARE IN 2023              45

FIGURE 13         EXPANDING PHARMACEUTICAL INDUSTRY TO OFFER LUCRATIVE GROWTH OPPORTUNITIES             46

FIGURE 14         CLOUD-BASED DEPLOYMENT SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD    46

FIGURE 15         ANALYTICS & VISUALIZATION SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD    47

FIGURE 16         DESIGN & ENGINEERING TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD     47

FIGURE 17         PLM TECHNOLOGY TO DOMINATE MARKET DURING FORECAST PERIOD       48

FIGURE 18         PHARMACEUTICALS SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD     49

FIGURE 19         NORTH AMERICA TO SECURE LARGEST MARKET SHARE IN 2024      50

FIGURE 20         INDIA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD              50

FIGURE 21         DIGITAL THREAD MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    51

FIGURE 22         DIGITAL THREAD MARKET: IMPACT ANALYSIS OF DRIVERS              53

FIGURE 23         DIGITAL THREAD MARKET: IMPACT ANALYSIS OF RESTRAINTS     54

FIGURE 24         DIGITAL THREAD MARKET: IMPACT ANALYSIS OF OPPORTUNITIES           55

FIGURE 25         DIGITAL THREAD MARKET: IMPACT ANALYSIS OF CHALLENGES   56

FIGURE 26         DIGITAL THREAD MARKET: SUPPLY CHAIN ANALYSIS  56

FIGURE 27         DIGITAL THREAD MARKET: ECOSYSTEM ANALYSIS       58

FIGURE 28         INVESTMENT AND FUNDING SCENARIO            59

FIGURE 29         AVERAGE SELLING PRICE TREND OF PLM OFFERED BY KEY PLAYERS, BY REGION    60

FIGURE 30         AVERAGE SELLING PRICE TREND OF PLM, BY REGION, 2019–2023      61

FIGURE 31         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS              62

FIGURE 32         DIGITAL THREAD MARKET: PORTER’S FIVE FORCES ANALYSIS              63

FIGURE 33         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES        65

FIGURE 34         BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              66

FIGURE 35         IMPORT DATA FOR HS CODE 851769-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            70

FIGURE 36         EXPORT DATA FOR HS CODE 851769-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            71

FIGURE 37         PATENTS APPLIED AND GRANTED, 2014–2023   72

FIGURE 38         DIGITAL THREAD USE CASES IN AI/GENERATIVE AI      81

FIGURE 39         IMPACT OF AI/GENERATIVE AI ON DIGITAL THREAD MARKET              82

FIGURE 40         EDGE COMPUTING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD     85

FIGURE 41         ANALYTICS & VISUALIZATION SEGMENT TO DOMINATE MARKET IN 2030             108

FIGURE 42         DIGITAL THREAD MARKET, BY DEPLOYMENT  112

FIGURE 43         CLOUD-BASED SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD       112

FIGURE 44         DESIGN & ENGINEERING SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD        118

FIGURE 45         DIGITAL THREAD MARKET, BY END-USE INDUSTRY     122

FIGURE 46         PLM TO DOMINATE MARKET IN 2030    122

FIGURE 47         DIGITAL THREAD MARKET, BY REGION             155

FIGURE 48         ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       155

FIGURE 49         NORTH AMERICA: DIGITAL THREAD MARKET SNAPSHOT              157

FIGURE 50         EUROPE: DIGITAL THREAD MARKET SNAPSHOT           162

FIGURE 51         ASIA PACIFIC: DIGITAL THREAD MARKET SNAPSHOT   167

FIGURE 52         MIDDLE EAST TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030      173

FIGURE 53         DIGITAL THREAD MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023       178

FIGURE 54         MARKET SHARE ANALYSIS OF DIGITAL THREAD PROVIDERS, 2023      179

FIGURE 55         COMPANY VALUATION, 2024    181

FIGURE 56         FINANCIAL METRICS    181

FIGURE 57         DIGITAL MARKET THREAD: BRAND/PRODUCT COMPARISON              182

FIGURE 58         DIGITAL THREAD MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023     183

FIGURE 59         DIGITAL THREAD MARKET: COMPANY FOOTPRINT      184

FIGURE 60         DIGITAL THREAD MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023             191

FIGURE 61         SIEMENS: COMPANY SNAPSHOT            201

FIGURE 62         PTC: COMPANY SNAPSHOT      206

FIGURE 63         DASSAULT SYSTÈMES: COMPANY SNAPSHOT   211

FIGURE 64         IBM: COMPANY SNAPSHOT       216

FIGURE 65         SAP: COMPANY SNAPSHOT       220

FIGURE 66         ROCKWELL AUTOMATION: COMPANY SNAPSHOT        223

FIGURE 67         AUTODESK INC.: COMPANY SNAPSHOT             226

FIGURE 68         ORACLE: COMPANY SNAPSHOT             229

FIGURE 69         GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 234

FIGURE 70         DIGITAL TWIN MARKET, BY ENTERPRISE           252

FIGURE 71         SMALL & MEDIUM ENTERPRISES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD     252