デジタルツイン市場 – 2030年までの世界予測

Digital Twin Market - Global Forecast to 2030

デジタルツイン市場 - 導入(PaaS、SaaS)、用途(製品設計・開発、予知保全、パフォーマンス監視、ビジネス最適化)、業界(自動車・輸送、石油・ガス)および地域別 - 2030年までの世界予測
Digital Twin Market by Deployment (PaaS, SaaS), Application (Product Design & Development, Predictive Maintenance, Performance Monitoring, Business Optimization), Industry (Automotive & Transportation, Oil & Gas) and Region - Global Forecast to 2030

商品番号 : SMB-17590

出版社MarketsandMarkets
出版年月2025年8月
ページ数325
図表数372
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

本レポートでは、デジタルツイン市場をセグメント化し、企業、アプリケーション、業界、地域別に規模予測を行っています。また、市場の成長促進要因、制約要因、機会、課題についても考察しています。北米、欧州、アジア太平洋、その他の地域という4つの主要地域における市場の詳細な分析を提供しています。さらに、サプライチェーン分析に加え、デジタルツインエコシステムにおける主要プレーヤーとその競合分析も含まれています。

The global digital twin market is expected to grow from USD 21.14 billion in 2025 to USD 149.81 billion in 2030 at a CAGR of 47.9% over the forecast period. Digital twins are key enablers of transformation in manufacturing, healthcare, automotive, and energy sectors. By creating real-time digital replicas of physical assets, digital twin technology allows for predictive maintenance, performance optimization, and enhanced operational efficiency. The integration of AI, IoT, and cloud computing further amplifies its capabilities, making it a cornerstone of smart infrastructure. Its alignment with digital transformation and Industry 4.0 initiatives accelerates adoption, as organizations seek to leverage data-driven insights for strategic decision-making and competitive advantage.

世界のデジタルツイン市場は、予測期間中に2025年の211億4,000万米ドルから2030年には1,498億1,000万米ドルへと年平均成長率47.9%で成長すると予測されています。デジタルツインは、製造、ヘルスケア、自動車、エネルギー分野における変革の鍵となる要素です。デジタルツイン技術は、物理資産のリアルタイムのデジタルレプリカを作成することで、予知保全、パフォーマンス最適化、運用効率の向上を実現します。AI、IoT、クラウドコンピューティングとの統合により、その機能はさらに強化され、スマートインフラの基盤となります。デジタルトランスフォーメーションやインダストリー4.0の取り組みとの連携により、組織がデータに基づく洞察を戦略的意思決定と競争優位性に活用しようとする中で、デジタルツインの導入が加速しています。

デジタルツイン市場 - 2030年までの世界予測
digital-twin-market

“By industry, the healthcare segment is expected to be the fastest-growing in the digital twin market during the forecasted period.”

The healthcare segment is expected to witness the fastest growth rate in the digital twin market during the forecast period, primarily due to its transformative potential across medical diagnostics, personalized treatment, surgical planning, and hospital operations. Digital twin technology enables real-time simulation of human organs, medical devices, and healthcare processes, allowing clinicians to enhance patient care, reduce errors, and improve clinical outcomes. The increasing adoption of precision medicine, rising demand for minimally invasive procedures, and growing emphasis on patient-centric care are fueling the uptake of digital twin solutions in healthcare. Furthermore, the integration of AI, IoT-enabled medical devices, and data analytics has enabled the creation of highly accurate and dynamic virtual models of patients, which support early disease detection and customized therapies.

“By industry, the energy & utilities segment is projected to be the second largest in the digital twin market during the forecasted period.”

The energy & utilities segment is projected to hold the second-largest market share in the digital twin market during the forecast period, owing to the increasing adoption of digital twin technologies across power generation, transmission, distribution, and utility management. Energy companies are increasingly leveraging digital twins to optimize asset performance, enhance grid reliability, and enable predictive maintenance of critical infrastructure such as turbines, substations, pipelines, and renewable energy systems. The growing emphasis on smart grid deployment, renewable energy integration, and the modernization of aging utility infrastructure is further accelerating demand in this segment.

デジタルツイン市場 - 2030年までの世界予測 region
digital-twin-market-region

“By region, North America is anticipated to be the fastest-growing segment in the digital twin market during the forecast period”.

North America is expected to witness the highest growth rate in the digital twin market during the forecast period, driven by rapid technological advancements and widespread adoption across various sectors. Manufacturing, automotive, aerospace, healthcare, and energy industries increasingly leverage digital twin technologies to enhance operational efficiency, predictive maintenance, and product innovation. The presence of major technology providers and early adopters of IoT, AI, and machine learning further accelerates market growth in the region.

Breakdown of primaries

The study contains insights from various industry experts, including digital twin providers, Tier 1 companies, and end users. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 40%, Tier 2 – 35%, Tier 3 – 25%
  • By Designation— C-level Executives – 48%, Directors – 33%, Others – 19%
  • By Region—North America – 35%, Europe – 18%, Asia Pacific – 40%, RoW – 7%

The digital twin market is dominated by a few globally established players such as Siemens (Germany), ANSYS, Inc. (US), GE Vernova (US), Dassault Systèmes (France), and PTC (US). The study includes an in-depth competitive analysis of these key players in the digital twin market, with their company profiles, recent developments, and key market strategies.

デジタルツイン市場 - 2030年までの世界予測 ecosystem
digital-twin-market-ecosystem

Research Coverage:

The report segments the digital twin market and forecasts its size by enterprise, application, industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the digital twin ecosystem.

Key Benefits of Buying the Report:

  • Analysis of key drivers (Growing use of digital twin technology to reduce costs and improve supply chain operations, Surging demand for digital twin technology from the healthcare industry, Increasing adoption of predictive maintenance models across industries). Restraint (Susceptibility of digital twin technology to cyberattacks), Opportunity Surging demand for advanced real-time data analytics), Challenges (Complexities associated with data collection and mathematical models).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the digital twin market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the digital twin market across varied regions.
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the digital twin market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading Siemens (Germany), ANSYS, Inc. (US), GE Vernova (US), Dassault Systèmes (France), and PTC (US), among others, in the digital twin market.

Table of Contents

1               INTRODUCTION              29

1.1           STUDY OBJECTIVES       29

1.2           MARKET DEFINITION   29

1.3           STUDY SCOPE   30

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      30

1.3.2        INCLUSIONS AND EXCLUSIONS 31

1.3.3        YEARS CONSIDERED      31

1.4           CURRENCY CONSIDERED            32

1.5           STAKEHOLDERS               32

1.6           SUMMARY OF CHANGES               32

2               RESEARCH METHODOLOGY       34

2.1           RESEARCH DATA              34

2.1.1        SECONDARY AND PRIMARY RESEARCH 35

2.1.2        SECONDARY DATA          36

2.1.2.1    List of secondary sources    37

2.1.2.2    Key data from secondary sources       37

2.1.3        PRIMARY DATA 38

2.1.3.1    Primary interviews with experts         38

2.1.3.2    Key data from primary sources           39

2.1.3.3    Key insights from industry experts    40

2.1.3.4    Breakdown of primaries      40

2.2           MARKET SIZE ESTIMATION         41

2.2.1        BOTTOM-UP APPROACH              41

2.2.1.1    Approach to capture market size using bottom-up analysis

(demand side)       41

2.2.2        TOP-DOWN APPROACH                42

2.2.2.1    Approach to capture market size using top-down analysis

(supply side)         42

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 44

2.4           RESEARCH ASSUMPTIONS           45

2.5           RESEARCH LIMITATIONS             46

2.6           RISK ASSESSMENT           46

3               EXECUTIVE SUMMARY  47

4               PREMIUM INSIGHTS       51

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DIGITAL TWIN MARKET                51

4.2           DIGITAL TWIN MARKET, BY APPLICATION          51

4.3           DIGITAL TWIN MARKET, BY ENTERPRISE SIZE   52

4.4           DIGITAL TWIN MARKET, BY INDUSTRY 52

4.5           DIGITAL TWIN MARKET, BY COUNTRY 53

5               MARKET OVERVIEW       54

5.1           INTRODUCTION              54

5.2           MARKET DYNAMICS       55

5.2.1        DRIVERS               55

5.2.1.1    Innovation in rapid design and tailored manufacturing 55

5.2.1.2    Increasing focus on empowering operations with real-time intelligence            56

5.2.1.3    Surging adoption of predictive maintenance model across industries to reduce downtime           56

5.2.2        RESTRAINTS      57

5.2.2.1    High upfront investment and extended payback periods                 57

5.2.2.2    Data security and privacy concerns   57

5.2.3        OPPORTUNITIES              58

5.2.3.1    Rise of smart factories through real-time simulation and autonomous operations       58

5.2.3.2    Emergence of urban-scale digital twins unlocking new opportunities in smart city planning 59

5.2.3.3    Development of human-centered digital twins                59

5.2.4        CHALLENGES    60

5.2.4.1    Complexities associated with data collection and mathematical models    60

5.2.4.2    Undermined real-time analytics due to unreliable networks                 61

5.3           VALUE CHAIN ANALYSIS               62

5.4           ECOSYSTEM ANALYSIS  64

5.5           INVESTMENT AND FUNDING SCENARIO               65

5.6           PRICING ANALYSIS          66

5.6.1        INDICATIVE PRICING OF DIGITAL TWIN PLATFORMS, BY KEY PLAYER, 2024      67

5.6.2        AVERAGE SELLING PRICE TREND, BY REGION, 2021–2024                 67

5.7           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            68

5.8           TECHNOLOGY ANALYSIS             69

5.8.1        KEY TECHNOLOGIES     69

5.8.1.1    IoT and IIoT         69

5.8.1.2    Artificial intelligence and machine learning     69

5.8.1.3    Augmented reality, virtual reality, and mixed reality      70

5.8.1.4    Cloud computing and edge computing             70

5.8.2        COMPLEMENTARY TECHNOLOGIES       71

5.8.2.1    Blockchain             71

5.8.2.2    5G           71

5.8.3        ADJACENT TECHNOLOGIES       72

5.8.3.1    Product lifecycle management            72

5.8.3.2    Enterprise resource planning              72

5.9           PORTER’S FIVE FORCES ANALYSIS           73

5.9.1        THREAT OF NEW ENTRANTS      74

5.9.2        THREAT OF SUBSTITUTES          74

5.9.3        BARGAINING POWER OF BUYERS             74

5.9.4        BARGAINING POWER OF SUPPLIERS       75

5.9.5        INTENSITY OF COMPETITIVE RIVALRY 75

5.10         KEY STAKEHOLDERS AND BUYING CRITERIA     76

5.10.1      KEY STAKEHOLDERS IN BUYING PROCESS           76

5.10.2      BUYING CRITERIA           77

5.11         CASE STUDY ANALYSIS 78

5.11.1      LUNDIN GROUP UTILIZES HONEYWELL’S DIGITAL TWIN TECH TO ENHANCE EFFICIENCY AND CUT EMISSIONS ON OFFSHORE PLATFORM 78

5.11.2      NRF PARTNERS WITH DASSAULT SYSTÈMES TO DEPLOY 3D DIGITAL TWIN PLATFORM FOR SMARTER URBAN PLANNING          79

5.11.3      FAURECIA ADOPTS 3DEXPERIENCE DIGITAL TWIN PLATFORM TO OPTIMIZE AGV INBOUND LOGISTICS     79

5.11.4      DOOSAN CORPORATION OPTIMIZES ENERGY OUTPUT IN WIND FARMS BY IMPLEMENTING AZURE DIGITAL TWINS                 80

5.11.5      IBM INCORPORATES DIGITAL TWINS TO IMPROVE SPARE PART INVENTORY             81

5.12         TRADE ANALYSIS             81

5.12.1      IMPORT SCENARIO (HS CODE 851769)    82

5.12.2      EXPORT SCENARIO (HS CODE 851769)    83

5.13         PATENT ANALYSIS          84

5.14         KEY CONFERENCES AND EVENTS, 2025–2026        86

5.15         REGULATORY LANDSCAPE         87

5.15.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             87

5.15.2      STANDARDS AND REGULATIONS RELATED TO DIGITAL TWIN TECHNOLOGY      89

5.16         IMPACT OF AI/GEN AI ON DIGITAL TWIN MARKET                 91

5.16.1      INTRODUCTION              91

5.16.2      IMPACT OF AI/GEN AI ON KEY INDUSTRIES        91

5.16.2.1  Aerospace               91

5.16.2.2  Automotive & transportation              91

5.16.2.3  Energy & utilities 91

5.16.3      USE CASES           92

5.16.4      FUTURE OF AI/GEN AI IN DIGITAL TWIN ECOSYSTEM                 92

5.17         IMPACT OF 2025 US TARIFF – OVERVIEW              93

5.17.1      INTRODUCTION              93

5.17.2      KEY TARIFF RATES          94

5.17.3      PRICE IMPACT ANALYSIS             95

5.17.4      IMPACT ON COUNTRIES/REGIONS         95

5.17.4.1  US           95

5.17.4.2  Europe   96

5.17.4.3  Asia Pacific            96

5.17.5      IMPACT ON INDUSTRIES              97

5.17.5.1  Aerospace               97

5.17.5.2  Oil & Gas               97

6               DIGITAL TWIN INTEGRATION ACROSS DIFFERENT COMPONENTS, PRODUCTS, PROCESSES, AND SYSTEMS                 98

6.1           INTRODUCTION              98

6.2           COMPONENT DIGITAL TWIN     98

6.3           PRODUCT DIGITAL TWIN            98

6.4           PROCESS DIGITAL TWIN               99

6.5           SYSTEM DIGITAL TWIN 99

7               DIGITAL TWIN DEPLOYMENT MODELS 101

7.1           INTRODUCTION              101

7.2           PLATFORM AS A SERVICE (PAAS)              101

7.3           SOFTWARE AS A SERVICE (SAAS)               102

8               MATURITY EVOLUTION OF DIGITAL TWIN TECHNOLOGY  103

8.1           INTRODUCTION              103

8.2           CONCEPTUAL OR PROTOTYPE TWINS  103

8.3           OPERATIONAL DEPLOYMENT   103

8.4           SCALED ENTERPRISE IMPLEMENTATION             104

8.5           CROSS-PLATFORM ECOSYSTEMS (INTERCONNECTED TWINS) 104

9               DIGITAL TWIN MARKET, BY ENTERPRISE SIZE   105

9.1           INTRODUCTION              106

9.2           LARGE ENTERPRISES     108

9.2.1        RAPID DEPLOYMENT OF BLOCKCHAIN TECHNOLOGY IN HEALTHCARE, AUTOMOTIVE, OIL & GAS SECTORS TO DRIVE MARKET               108

9.3           SMALL & MEDIUM-SIZED ENTERPRISES 109

9.3.1        AVAILABILITY OF BUDGET-FRIENDLY AND SUBSCRIPTION-BASED DIGITAL TWIN SERVICES TO SUPPORT SEGMENTAL GROWTH  109

10            DIGITAL TWIN MARKET, BY APPLICATION          111

10.1         INTRODUCTION              112

10.2         PRODUCT DESIGN & DEVELOPMENT    113

10.2.1      GROWING RELIANCE ON VIRTUAL SIMULATIONS TO REDUCE COSTLY PHYSICAL PROTOTYPES TO BOOST DEMAND                 113

10.3         PERFORMANCE MONITORING  115

10.3.1      PRESSING NEED FOR REAL-TIME PERFORMANCE MONITORING TO OPTIMIZE PRODUCTION OUTCOME TO DRIVE MARKET 115

10.4         PREDICTIVE MAINTENANCE      117

10.4.1      GROWING FOCUS OF MANUFACTURING FIRMS ON COST SAVING TO CONTRIBUTE TO SEGMENTAL GROWTH                 117

10.5         INVENTORY MANAGEMENT       119

10.5.1      STRONG EMPHASIS OF PROCESS INDUSTRIES ON INVENTORY OPTIMIZATION TO SPUR DEMAND               119

10.6         BUSINESS OPTIMIZATION           120

10.6.1      SIGNIFICANT FOCUS ON COST-EFFECTIVE AND FASTER PRODUCTIVE DEVELOPMENT TO INCREASE ADOPTION                 120

10.7         OTHER APPLICATIONS 122

11            DIGITAL TWIN MARKET, BY INDUSTRY 124

11.1         INTRODUCTION              125

11.2         AUTOMOTIVE & TRANSPORTATION      127

11.2.1      GROWING FOCUS OF AUTOMAKERS ON SCALABLE INTELLIGENT PRODUCTION TO BOOST DEMAND          127

11.3         ENERGY & UTILITIES     133

11.3.1      RISING USE OF DIGITAL TWIN TECHNOLOGY IN WIND FARMS TO STIMULATE MARKET GROWTH          133

11.4         INFRASTRUCTURE          138

11.4.1      SMART CITY PROJECTS AND SMART TRANSPORTATION INITIATIVES TO DRIVE MARKET               138

11.5         HEALTHCARE    143

11.5.1      DIGITAL TRANSFORMATION IN HEALTHCARE INDUSTRY TO ACCELERATE MARKET GROWTH                143

11.6         AEROSPACE       147

11.6.1      PRESSING NEED FOR REAL-TIME TELEMETRY DATA TO INCREASE ADOPTION   147

11.7         OIL & GAS            152

11.7.1      CRITICAL NECESSITY TO OPTIMIZE OIL AND GAS PLANT OPERATIONS TO DRIVE MARKET              152

11.8         TELECOMMUNICATIONS             156

11.8.1      URGENT NEED TO MONITOR IMPACT OF 5G COMMERCIALIZATION TO CREATE GROWTH OPPORTUNITIES                 156

11.9         AGRICULTURE  160

11.9.1      ELEVATING DEMAND FOR PRECISION AGRICULTURE INSIGHTS TO FOSTER MARKET GROWTH             160

11.10       RETAIL 164

11.10.1   SURGING ADOPTION TO IMPROVE CUSTOMER ENGAGEMENT AND SATISFACTION TO PROPEL MARKET                 164

11.11       OTHER INDUSTRIES       168

12            DIGITAL TWIN MARKET, BY REGION      174

12.1         INTRODUCTION              175

12.2         NORTH AMERICA             177

12.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 177

12.2.2      US           181

12.2.2.1  Energy, automotive, and manufacturing sectors to contribute to market growth       181

12.2.3      CANADA               182

12.2.3.1  Escalating demand for cloud-enabled and AI-powered digital twin from industrial players to fuel market growth         182

12.2.4      MEXICO                184

12.2.4.1  Significant focus on decarbonization and renewable energy projects to create growth opportunities             184

12.3         EUROPE               186

12.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      186

12.3.2      GERMANY           190

12.3.2.1  Increasing adoption of automation and digital technologies to stimulate market growth      190

12.3.3      FRANCE                192

12.3.3.1  Rising adoption of IoT and cloud computing to propel market                 192

12.3.4      UK          193

12.3.4.1  Increasing investments in renewable energy projects to facilitate market growth       193

12.3.5      SPAIN    195

12.3.5.1  Infrastructure modernization and urban planning initiatives to drive market          195

12.3.6      ITALY    196

12.3.6.1  Rising use in environmental and industrial innovation to contribute to market growth               196

12.3.7      POLAND               198

12.3.7.1  Launch of innovative digital twin solutions for water management and renewable energy sectors to drive market 198

12.3.8      REST OF EUROPE             199

12.4         ASIA PACIFIC     201

12.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 201

12.4.2      CHINA  205

12.4.2.1  Greater emphasis on smart city planning and disaster preparedness to boost demand           205

12.4.3      JAPAN   206

12.4.3.1  Government plan to expand manufacturing base of high-value-added products to foster market growth           206

12.4.4      INDIA    208

12.4.4.1  Smart city, digital public infrastructure, and industrial modernization initiatives to create fertile environment 208

12.4.5      SOUTH KOREA  209

12.4.5.1  Rising focus on addressing complex urban challenges to spike demand  209

12.4.6      AUSTRALIA         211

12.4.6.1  Next-generation urban planning programs to spur demand                 211

12.4.7      INDONESIA        212

12.4.7.1  Smart city evolution to contribute to industrial-scale digital twin adoption 212

12.4.8      REST OF ASIA PACIFIC   214

12.5         ROW      216

12.5.1      MACROECONOMIC OUTLOOK FOR ROW              216

12.5.2      SOUTH AMERICA             218

12.5.2.1  Accelerated adoption of IoT to support market growth 218

12.5.3      MIDDLE EAST   219

12.5.3.1  Saudi Arabia          222

12.5.3.1.1                Elevating adoption in water treatment plants to create market momentum               222

12.5.3.2  UAE        222

12.5.3.2.1                Inclination of industry players toward smart manufacturing to drive market           222

12.5.3.3  Rest of Middle East              222

12.5.4      AFRICA 223

12.5.4.1  Progressive shift toward data-driven, collaborative water management practices to support market growth            223

13            COMPETITIVE LANDSCAPE         225

13.1         OVERVIEW          225

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023–2025                 225

13.3         REVENUE ANALYSIS, 2020–2024  228

13.4         MARKET SHARE ANALYSIS, 2024                 229

13.5         COMPANY VALUATION AND FINANCIAL METRICS                 232

13.6         BRAND COMPARISON   233

13.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 234

13.7.1      STARS   234

13.7.2      EMERGING LEADERS     234

13.7.3      PERVASIVE PLAYERS      234

13.7.4      PARTICIPANTS 234

13.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         236

13.7.5.1  Company footprint               236

13.7.5.2  Region footprint   237

13.7.5.3  Enterprise size footprint      238

13.7.5.4  Application footprint            239

13.7.5.5  Industry footprint 240

13.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        241

13.8.1      PROGRESSIVE COMPANIES         241

13.8.2      RESPONSIVE COMPANIES            241

13.8.3      DYNAMIC COMPANIES  241

13.8.4      STARTING BLOCKS         241

13.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 243

13.8.5.1  Detailed list of key startups/SMEs    243

13.8.5.2  Competitive benchmarking of key startups/SMEs          244

13.9         COMPETITIVE SCENARIO             245

13.9.1      PRODUCT LAUNCHES/ENHANCEMENTS              245

13.9.2      DEALS  247

14            COMPANY PROFILES      251

14.1         KEY PLAYERS     251

14.1.1      SIEMENS              251

14.1.1.1  Business overview 251

14.1.1.2  Products/Solutions/Services offered 252

14.1.1.3  Recent developments           253

14.1.1.3.1                Deals      253

14.1.1.4  MnM view              254

14.1.1.4.1                Key strengths/Right to win 254

14.1.1.4.2                Strategic choices   254

14.1.1.4.3                Weaknesses/Competitive threats       254

14.1.2      GE VERNOVA     255

14.1.2.1  Business overview 255

14.1.2.2  Products/Solutions/Services offered 257

14.1.2.3  Recent developments           257

14.1.2.3.1                Product launches/Enhancements      257

14.1.2.4  MnM view              258

14.1.2.4.1                Key strengths/Right to win 258

14.1.2.4.2                Strategic choices   258

14.1.2.4.3                Weaknesses/Competitive threats       258

14.1.3      ANSYS, INC.        259

14.1.3.1  Business overview 259

14.1.3.2  Products/Solutions/Services offered 260

14.1.3.3  Recent developments           260

14.1.3.3.1                Product launches/Enhancements      260

14.1.3.3.2                Deals      260

14.1.3.4  MnM view              261

14.1.3.4.1                Key strengths/Right to win 261

14.1.3.4.2                Strategic choices   261

14.1.3.4.3                Weaknesses/Competitive threats       261

14.1.4      DASSAULT SYSTÈMES   262

14.1.4.1  Business overview 262

14.1.4.2  Products/Solutions/Services offered 263

14.1.4.3  Recent developments           264

14.1.4.3.1                Deals      264

14.1.4.4  MnM view              264

14.1.4.4.1                Key strengths/Right to win 264

14.1.4.4.2                Strategic choices   265

14.1.4.4.3                Weaknesses/Competitive threats       265

14.1.5      PTC        266

14.1.5.1  Business overview 266

14.1.5.2  Products/Solutions/Services offered 267

14.1.5.3  Recent developments           268

14.1.5.3.1                Deals      268

14.1.5.4  MnM view              268

14.1.5.4.1                Key strengths/Right to win 268

14.1.5.4.2                Strategic choices   268

14.1.5.4.3                Weaknesses/Competitive threats       268

14.1.6      HONEYWELL INTERNATIONAL INC.        269

14.1.6.1  Business overview 269

14.1.6.2  Products/Solutions/Services offered 270

14.1.6.3  Recent developments           271

14.1.6.3.1                Product launches/Enhancements      271

14.1.7      ROCKWELL AUTOMATION          272

14.1.7.1  Business overview 272

14.1.7.2  Products/Solutions/Services offered 273

14.1.7.3  Recent developments           274

14.1.7.3.1                Deals      274

14.1.8      HEXAGON AB    275

14.1.8.1  Business overview 275

14.1.8.2  Products/Solutions/Services offered 276

14.1.8.3  Recent developments           277

14.1.8.3.1                Product launches/Enhancements      277

14.1.8.3.2                Deals      277

14.1.9      EMERSON ELECTRIC CO.              279

14.1.9.1  Business overview 279

14.1.9.2  Products/Solutions/Services offered 280

14.1.9.3  Recent developments           281

14.1.9.3.1                Product launches/Enhancements      281

14.1.9.3.2                Deals      281

14.1.10   ABB        282

14.1.10.1                 Business overview 282

14.1.10.2                 Products/Solutions/Services offered 283

14.1.10.3                 Recent developments           284

14.1.10.3.1             Deals      284

14.1.11   ROBERT BOSCH GMBH 285

14.1.11.1                 Business overview 285

14.1.11.2                 Products/Solutions/Services offered 286

14.1.11.3                 Recent developments           287

14.1.11.3.1             Product launches/Enhancements      287

14.1.11.3.2             Deals      287

14.1.12   SCHNEIDER ELECTRIC  288

14.1.12.1                 Business overview 288

14.1.12.2                 Products/Solutions/Services offered 289

14.1.12.3                 Recent developments           290

14.1.12.3.1             Deals      290

14.1.13   BENTLEY SYSTEMS, INCORPORATED     291

14.1.13.1                 Business overview 291

14.1.13.2                 Products/Solutions/Services offered 292

14.1.13.3                 Recent developments           293

14.1.13.3.1             Deals      293

14.2         OTHER KEY PLAYERS     294

14.2.1      NAVVIS 294

14.2.2      AUTODESK INC.                295

14.2.3      ANDRITZ             296

14.2.4      RIVER LOGIC, INC.           297

14.2.5      JOHNSON CONTROLS    298

14.2.6      SENSAT                 299

14.2.7      PETRA  300

14.2.8      PRATITI TECHNOLOGIES             301

14.2.9      SYNAVISION GMBH         302

14.2.10   DUALITY ROBOTICS, INC.            303

14.2.11   TOMORROW THINGS GMBH      304

14.2.12   AKSELOS S.A.     305

14.3         PLATFORM-AS-A-SERVICE (PAAS) PROVIDERS   306

14.3.1      SAP SE  306

14.3.1.1  Business overview 306

14.3.1.2  Products/Solutions/Services offered 307

14.3.1.3  Recent developments           308

14.3.1.3.1                Deals      308

14.3.2      ORACLE                309

14.3.2.1  Business overview 309

14.3.2.2  Products/Solutions/Services offered 310

14.3.2.3  Recent developments           311

14.3.2.3.1                Deals      311

14.3.3      AMAZON WEB SERVICES, INC. (AWS)      312

14.3.3.1  Business overview 312

14.3.3.2  Products/Solutions/Services offered 313

14.3.3.3  Recent developments           314

14.3.3.3.1                Deals      314

14.3.4      MICROSOFT       315

14.3.4.1  Business overview 315

14.3.4.2  Products/Solutions/Services offered 316

14.3.4.3  Recent developments           317

14.3.4.3.1                Product launches/Enhancements      317

14.3.4.3.2                Deals      317

15            APPENDIX           318

15.1         DISCUSSION GUIDE        318

15.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                321

15.3         CUSTOMIZATION OPTIONS        323

15.4         RELATED REPORTS         323

15.5         AUTHOR DETAILS           324

LIST OF TABLES

TABLE 1                INCLUSIONS AND EXCLUSIONS IN DIGITAL TWIN MARKET REPORT                 31

TABLE 2                MAJOR SECONDARY SOURCES  37

TABLE 3                INDUSTRY EXPERT DETAILS, BY COMPANY                 38

TABLE 4                ROLE OF KEY PLAYERS IN DIGITAL TWIN ECOSYSTEM       65

TABLE 5                INDICATIVE PRICING OF DIGITAL TWIN PLATFORMS OFFERED BY KEY PLAYERS, 2024 (USD)       67

TABLE 6                AVERAGE SELLING PRICE TREND OF DIGITAL TWIN PLATFORM, BY REGION,

2021–2024 (USD)                68

TABLE 7                DIGITAL TWIN MARKET: PORTER’S FIVE FORCES ANALYSIS           73

TABLE 8                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY INDUSTRY                76

TABLE 9                KEY BUYING CRITERIA, BY INDUSTRY   77

TABLE 10              IMPORT DATA FOR HS CODE 851769-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)            82

TABLE 11              EXPORT DATA FOR HS CODE 851769-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)            83

TABLE 12              DIGITAL TWIN MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2023–2024       85

TABLE 13              DIGITAL TWIN MARKET: LIST OF CONFERENCES AND EVENTS     86

TABLE 14              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             87

TABLE 15              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 88

TABLE 16              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 88

TABLE 17              ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 89

TABLE 18              DIGITAL TWIN: STANDARDS AND REGULATIONS  89

TABLE 19              US-ADJUSTED RECIPROCAL TARIFF RATES                 94

TABLE 20              KEY PRODUCT-RELATED TARIFF EFFECTIVE FOR DIGITAL TWIN        94

TABLE 21              DIGITAL TWIN MARKET, BY ENTERPRISE SIZE, 2021–2024 (USD MILLION)            107

TABLE 22              DIGITAL TWIN MARKET, BY ENTERPRISE SIZE, 2025–2030 (USD MILLION)            107

TABLE 23              LARGE ENTERPRISES: DIGITAL TWIN MARKET, BY REGION,

2021–2024 (USD MILLION)            109

TABLE 24              LARGE ENTERPRISES: DIGITAL TWIN MARKET, BY REGION,

2025–2030 (USD MILLION)            109

TABLE 25              SMALL & MEDIUM-SIZED ENTERPRISES: DIGITAL TWIN MARKET, BY REGION, 2021–2024 (USD MILLION)                 110

TABLE 26              SMALL & MEDIUM-SIZED ENTERPRISES: DIGITAL TWIN MARKET, BY REGION, 2025–2030 (USD MILLION)                 110

TABLE 27              DIGITAL TWIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            113

TABLE 28              DIGITAL TWIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            113

TABLE 29              PRODUCT DESIGN & DEVELOPMENT: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)                 114

TABLE 30              PRODUCT DESIGN & DEVELOPMENT: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)                 115

TABLE 31              PERFORMANCE MONITORING: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            116

TABLE 32              PERFORMANCE MONITORING: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            116

TABLE 33              PREDICTIVE MAINTENANCE: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            118

TABLE 34              PREDICTIVE MAINTENANCE: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            118

TABLE 35              INVENTORY MANAGEMENT: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            119

TABLE 36              INVENTORY MANAGEMENT: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            120

TABLE 37              BUSINESS OPTIMIZATION: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            121

TABLE 38              BUSINESS OPTIMIZATION: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            121

TABLE 39              OTHER APPLICATIONS: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            123

TABLE 40              OTHER APPLICATIONS: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            123

TABLE 41              DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)       126

TABLE 42              DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)       127

TABLE 43              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)                 128

TABLE 44              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)                 128

TABLE 45              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET, BY REGION,

2021–2024 (USD MILLION)            129

TABLE 46              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET, BY REGION,

2025–2030 (USD MILLION)            129

TABLE 47              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET IN NORTH AMERICA,

BY COUNTRY, 2021–2024 (USD MILLION)               130

TABLE 48              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET IN NORTH AMERICA,

BY COUNTRY, 2025–2030 (USD MILLION)               130

TABLE 49              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET IN EUROPE,

BY COUNTRY, 2021–2024 (USD MILLION)               130

TABLE 50              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET IN EUROPE,

BY COUNTRY, 2025–2030 (USD MILLION)               131

TABLE 51              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET IN ASIA PACIFIC,

BY COUNTRY, 2021–2024 (USD MILLION)               131

TABLE 52              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET IN ASIA PACIFIC,

BY COUNTRY, 2025–2030 (USD MILLION)               132

TABLE 53              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)                 132

TABLE 54              AUTOMOTIVE & TRANSPORTATION: DIGITAL TWIN MARKET IN ROW, BY REGION, 2025–2030 (USD MILLION)                 132

TABLE 55              ENERGY & UTILITIES: DIGITAL TWIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            134

TABLE 56              ENERGY & UTILITIES: DIGITAL TWIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            134

TABLE 57              ENERGY & UTILITIES: DIGITAL TWIN MARKET, BY REGION,

2021–2024 (USD MILLION)            134

TABLE 58              ENERGY & UTILITIES: DIGITAL TWIN MARKET, BY REGION,

2025–2030 (USD MILLION)            135

TABLE 59              ENERGY & UTILITIES: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)                 135

TABLE 60              ENERGY & UTILITIES: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)                 135

TABLE 61              ENERGY & UTILITIES: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            136

TABLE 62              ENERGY & UTILITIES: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            136

TABLE 63              ENERGY & UTILITIES: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2021–2024 (USD MILLION)            136

TABLE 64              ENERGY & UTILITIES: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2025–2030 (USD MILLION)            137

TABLE 65              ENERGY & UTILITIES: DIGITAL TWIN MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            137

TABLE 66              ENERGY & UTILITIES: DIGITAL TWIN MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            137

TABLE 67              INFRASTRUCTURE: DIGITAL TWIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            138

TABLE 68              INFRASTRUCTURE: DIGITAL TWIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            139

TABLE 69              INFRASTRUCTURE: DIGITAL TWIN MARKET, BY REGION,

2021–2024 (USD MILLION)            139

TABLE 70              INFRASTRUCTURE: DIGITAL TWIN MARKET, BY REGION,

2025–2030 (USD MILLION)            139

TABLE 71              INFRASTRUCTURE: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)                 140

TABLE 72              INFRASTRUCTURE: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)                 140

TABLE 73              INFRASTRUCTURE: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            140

TABLE 74              INFRASTRUCTURE: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            141

TABLE 75              INFRASTRUCTURE: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2021–2024 (USD MILLION)            141

TABLE 76              INFRASTRUCTURE: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2025–2030 (USD MILLION)            142

TABLE 77              INFRASTRUCTURE: DIGITAL TWIN MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            142

TABLE 78              INFRASTRUCTURE: DIGITAL TWIN MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            142

TABLE 79              HEALTHCARE: DIGITAL TWIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            143

TABLE 80              HEALTHCARE: DIGITAL TWIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            144

TABLE 81              HEALTHCARE: DIGITAL TWIN MARKET, BY REGION, 2021–2024 (USD MILLION)          144

TABLE 82              HEALTHCARE: DIGITAL TWIN MARKET, BY REGION, 2025–2030 (USD MILLION)          144

TABLE 83              HEALTHCARE: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2021–2024 (USD MILLION)            145

TABLE 84              HEALTHCARE: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2025–2030 (USD MILLION)            145

TABLE 85              HEALTHCARE: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            145

TABLE 86              HEALTHCARE: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            146

TABLE 87              HEALTHCARE: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2021–2024 (USD MILLION)            146

TABLE 88              HEALTHCARE: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2025–2030 (USD MILLION)            146

TABLE 89              HEALTHCARE: DIGITAL TWIN MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            147

TABLE 90              HEALTHCARE: DIGITAL TWIN MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            147

TABLE 91              AEROSPACE: DIGITAL TWIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              148

TABLE 92              AEROSPACE: DIGITAL TWIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              148

TABLE 93              AEROSPACE: DIGITAL TWIN MARKET, BY REGION, 2021–2024 (USD MILLION)          148

TABLE 94              AEROSPACE: DIGITAL TWIN MARKET, BY REGION, 2025–2030 (USD MILLION)          149

TABLE 95              AEROSPACE: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2021–2024 (USD MILLION)            149

TABLE 96              AEROSPACE: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2025–2030 (USD MILLION)            149

TABLE 97              AEROSPACE: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            150

TABLE 98              AEROSPACE: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            150

TABLE 99              AEROSPACE: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2021–2024 (USD MILLION)            150

TABLE 100            AEROSPACE: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2025–2030 (USD MILLION)            151

TABLE 101            AEROSPACE: DIGITAL TWIN MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            151

TABLE 102            AEROSPACE: DIGITAL TWIN MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            151

TABLE 103            OIL & GAS: DIGITAL TWIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              152

TABLE 104            OIL & GAS: DIGITAL TWIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              152

TABLE 105            OIL & GAS: DIGITAL TWIN MARKET, BY REGION, 2021–2024 (USD MILLION)            153

TABLE 106            OIL & GAS: DIGITAL TWIN MARKET, BY REGION, 2025–2030 (USD MILLION)            153

TABLE 107            OIL & GAS: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2021–2024 (USD MILLION)            153

TABLE 108            OIL & GAS: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2025–2030 (USD MILLION)            154

TABLE 109            OIL & GAS: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            154

TABLE 110            OIL & GAS: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            154

TABLE 111            OIL & GAS: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2021–2024 (USD MILLION)            155

TABLE 112            OIL & GAS: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2025–2030 (USD MILLION)            155

TABLE 113            OIL & GAS: DIGITAL TWIN MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            155

TABLE 114            OIL & GAS: DIGITAL TWIN MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            156

TABLE 115            TELECOMMUNICATIONS: DIGITAL TWIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            156

TABLE 116            TELECOMMUNICATIONS: DIGITAL TWIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            157

TABLE 117            TELECOMMUNICATIONS: DIGITAL TWIN MARKET, BY REGION,

2021–2024 (USD MILLION)            157

TABLE 118            TELECOMMUNICATIONS: DIGITAL TWIN MARKET, BY REGION,

2025–2030 (USD MILLION)            157

TABLE 119            TELECOMMUNICATIONS: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)            158

TABLE 120            TELECOMMUNICATIONS: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)            158

TABLE 121            TELECOMMUNICATIONS: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            158

TABLE 122            TELECOMMUNICATIONS: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            159

TABLE 123            TELECOMMUNICATIONS: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)            159

TABLE 124            TELECOMMUNICATIONS: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)            159

TABLE 125            TELECOMMUNICATIONS: DIGITAL TWIN MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            160

TABLE 126            TELECOMMUNICATIONS: DIGITAL TWIN MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            160

TABLE 127            AGRICULTURE: DIGITAL TWIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            161

TABLE 128            AGRICULTURE: DIGITAL TWIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            161

TABLE 129            AGRICULTURE: DIGITAL TWIN MARKET, BY REGION, 2021–2024 (USD MILLION)          161

TABLE 130            AGRICULTURE: DIGITAL TWIN MARKET, BY REGION, 2025–2030 (USD MILLION)          161

TABLE 131            AGRICULTURE: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2021–2024 (USD MILLION)            162

TABLE 132            AGRICULTURE: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2025–2030 (USD MILLION)            162

TABLE 133            AGRICULTURE: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            162

TABLE 134            AGRICULTURE: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            163

TABLE 135            AGRICULTURE: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2021–2024 (USD MILLION)            163

TABLE 136            AGRICULTURE: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2025–2030 (USD MILLION)            163

TABLE 137          AGRICULTURE: DIGITAL TWIN MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            164

TABLE 138          AGRICULTURE: DIGITAL TWIN MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            164

TABLE 139            RETAIL: DIGITAL TWIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              165

TABLE 140            RETAIL: DIGITAL TWIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              165

TABLE 141            RETAIL: DIGITAL TWIN MARKET, BY REGION, 2021–2024 (USD MILLION)            165

TABLE 142            RETAIL: DIGITAL TWIN MARKET, BY REGION, 2025–2030 (USD MILLION)            166

TABLE 143            RETAIL: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2021–2024 (USD MILLION)            166

TABLE 144            RETAIL: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY,

2025–2030 (USD MILLION)            166

TABLE 145            RETAIL: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            167

TABLE 146            RETAIL: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            167

TABLE 147            RETAIL: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2021–2024 (USD MILLION)            167

TABLE 148            RETAIL: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2025–2030 (USD MILLION)            168

TABLE 149            RETAIL: DIGITAL TWIN MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)          168

TABLE 150            RETAIL: DIGITAL TWIN MARKET IN ROW, BY REGION, 2025–2030 (USD MILLION)          168

TABLE 151            OTHER INDUSTRIES: DIGITAL TWIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            169

TABLE 152            OTHER INDUSTRIES: DIGITAL TWIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            170

TABLE 153            OTHER INDUSTRIES: DIGITAL TWIN MARKET, BY REGION,

2021–2024 (USD MILLION)            170

TABLE 154            OTHER INDUSTRIES: DIGITAL TWIN MARKET, BY REGION,

2025–2030 (USD MILLION)            170

TABLE 155            OTHER INDUSTRIES: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)                 171

TABLE 156            OTHER INDUSTRIES: DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)                 171

TABLE 157            OTHER INDUSTRIES: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            171

TABLE 158            OTHER INDUSTRIES: DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            172

TABLE 159            OTHER INDUSTRIES: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2021–2024 (USD MILLION)            172

TABLE 160            OTHER INDUSTRIES: DIGITAL TWIN MARKET IN ASIA PACIFIC, BY COUNTRY,

2025–2030 (USD MILLION)            172

TABLE 161            OTHER INDUSTRIES: DIGITAL TWIN MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            173

TABLE 162            OTHER INDUSTRIES: DIGITAL TWIN MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            173

TABLE 163            DIGITAL TWIN MARKET, BY REGION, 2021–2024 (USD MILLION) 176

TABLE 164            DIGITAL TWIN MARKET, BY REGION, 2025–2030 (USD MILLION) 176

TABLE 165            NORTH AMERICA: DIGITAL TWIN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            178

TABLE 166            NORTH AMERICA: DIGITAL TWIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            179

TABLE 167            NORTH AMERICA: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            179

TABLE 168            NORTH AMERICA: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            180

TABLE 169            NORTH AMERICA: DIGITAL TWIN MARKET, BY ENTERPRISE SIZE,

2021–2024 (USD MILLION)            180

TABLE 170            NORTH AMERICA: DIGITAL TWIN MARKET, BY ENTERPRISE SIZE,

2025–2030 (USD MILLION)            180

TABLE 171            US: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            181

TABLE 172            US: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            182

TABLE 173            CANADA: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    183

TABLE 174            CANADA: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    183

TABLE 175          MEXICO: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            185

TABLE 176          MEXICO: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            185

TABLE 177          EUROPE: DIGITAL TWIN MARKET, BY COUNTRY, 2021–2024 (USD MILLION)            188

TABLE 178          EUROPE: DIGITAL TWIN MARKET, BY COUNTRY, 2025–2030 (USD MILLION)            188

TABLE 179            EUROPE: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    189

TABLE 180            EUROPE: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    189

TABLE 181            EUROPE: DIGITAL TWIN MARKET, BY ENTERPRISE SIZE,

2021–2024 (USD MILLION)            190

TABLE 182            EUROPE: DIGITAL TWIN MARKET, BY ENTERPRISE SIZE,

2025–2030 (USD MILLION)            190

TABLE 183            GERMANY: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    191

TABLE 184            GERMANY: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    191

TABLE 185          FRANCE: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            193

TABLE 186          FRANCE: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            193

TABLE 187            UK: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            194

TABLE 188            UK: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            195

TABLE 189            SPAIN: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            196

TABLE 190            SPAIN: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            196

TABLE 191            ITALY: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            197

TABLE 192            ITALY: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            198

TABLE 193            POLAND: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    199

TABLE 194            POLAND: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    199

TABLE 195            REST OF EUROPE: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            200

TABLE 196            REST OF EUROPE: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            200

TABLE 197            ASIA PACIFIC: DIGITAL TWIN MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     203

TABLE 198            ASIA PACIFIC: DIGITAL TWIN MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     203

TABLE 199            ASIA PACIFIC: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    204

TABLE 200            ASIA PACIFIC: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    204

TABLE 201            ASIA PACIFIC: DIGITAL TWIN MARKET, BY ENTERPRISE SIZE,

2021–2024 (USD MILLION)            204

TABLE 202            ASIA PACIFIC: DIGITAL TWIN MARKET, BY ENTERPRISE SIZE,

2025–2030 (USD MILLION)            205

TABLE 203            CHINA: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            206

TABLE 204            CHINA: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            206

TABLE 205            JAPAN: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            207

TABLE 206            JAPAN: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            207

TABLE 207            INDIA: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            209

TABLE 208            INDIA: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            209

TABLE 209            SOUTH KOREA: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    210

TABLE 210            SOUTH KOREA: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    211

TABLE 211            AUSTRALIA: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    212

TABLE 212            AUSTRALIA: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    212

TABLE 213            INDONESIA: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    213

TABLE 214            INDONESIA: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    214

TABLE 215            REST OF ASIA PACIFIC: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            215

TABLE 216            REST OF ASIA PACIFIC: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            215

TABLE 217            ROW: DIGITAL TWIN MARKET, BY REGION, 2021–2024 (USD MILLION)            216

TABLE 218            ROW: DIGITAL TWIN MARKET, BY REGION, 2025–2030 (USD MILLION)            216

TABLE 219            ROW: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            217

TABLE 220            ROW: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            217

TABLE 221            ROW: DIGITAL TWIN MARKET, BY ENTERPRISE SIZE, 2021–2024 (USD MILLION) 217

TABLE 222            ROW: DIGITAL TWIN MARKET, BY ENTERPRISE SIZE, 2025–2030 (USD MILLION) 218

TABLE 223            SOUTH AMERICA: DIGITAL TWIN MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            219

TABLE 224            SOUTH AMERICA: DIGITAL TWIN MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            219

TABLE 225            MIDDLE EAST: DIGITAL TWIN MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     220

TABLE 226            MIDDLE EAST: DIGITAL TWIN MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     220

TABLE 227            MIDDLE EAST: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)    221

TABLE 228            MIDDLE EAST: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)    221

TABLE 229            AFRICA: DIGITAL TWIN MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)            223

TABLE 230            AFRICA: DIGITAL TWIN MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)            224

TABLE 231            OVERVIEW OF STRATEGIES ADOPTED BY DIGITAL TWIN PROVIDERS,

JANUARY 2023–MAY 2025               225

TABLE 232            DIGITAL TWIN MARKET: DEGREE OF COMPETITION 229

TABLE 233            DIGITAL TWIN MARKET: REGION FOOTPRINT                 237

TABLE 234            DIGITAL TWIN MARKET: ENTERPRISE SIZE FOOTPRINT       238

TABLE 235            DIGITAL TWIN MARKET: APPLICATION FOOTPRINT       239

TABLE 236            DIGITAL TWIN MARKET: INDUSTRY FOOTPRINT       240

TABLE 237            DIGITAL TWIN MARKET: LIST OF KEY STARTUPS           243

TABLE 238            DIGITAL TWIN MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          244

TABLE 239            DIGITAL TWIN MARKET: PRODUCT LAUNCHES/ENHANCEMENTS,

JANUARY 2023–MAY 2025               245

TABLE 240            DIGITAL TWIN MARKET: DEALS, JANUARY 2023–MAY 2025              247

TABLE 241            SIEMENS: BUSINESS OVERVIEW 251

TABLE 242            SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             252

TABLE 243            SIEMENS: DEALS               253

TABLE 244            GE VERNOVA: BUSINESS OVERVIEW       256

TABLE 245            GE VERNOVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED    257

TABLE 246            GE VERNOVA: PRODUCT LAUNCHES/ENHANCEMENTS    257

TABLE 247            ANSYS, INC.: BUSINESS OVERVIEW           259

TABLE 248            ANSYS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             260

TABLE 249            ANSYS, INC.: PRODUCTS LAUNCHES/ ENHANCEMENTS             260

TABLE 250            ANSYS, INC.: DEALS         260

TABLE 251            DASSAULT SYSTÈMES: BUSINESS OVERVIEW                 262

TABLE 252            DASSAULT SYSTÈMES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    263

TABLE 253            DASSAULT SYSTÈMES: DEALS    264

TABLE 254            PTC: BUSINESS OVERVIEW          266

TABLE 255            PTC: PRODUCTS/SOLUTIONS/SERVICES OFFERED             267

TABLE 256            PTC: DEALS        268

TABLE 257            HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW          269

TABLE 258            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    270

TABLE 259            HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES/ENHANCEMENTS    271

TABLE 260            ROCKWELL AUTOMATION: BUSINESS OVERVIEW          272

TABLE 261            ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    273

TABLE 262            ROCKWELL AUTOMATION: DEALS          274

TABLE 263            HEXAGON AB: BUSINESS OVERVIEW       275

TABLE 264            HEXAGON AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED    276

TABLE 265            HEXAGON AB: PRODUCT LAUNCHES/ENHANCEMENTS    277

TABLE 266            HEXAGON AB: DEALS    277

TABLE 267            EMERSON ELECTRIC CO.: BUSINESS OVERVIEW                 279

TABLE 268            EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    280

TABLE 269            EMERSON ELECTRIC CO.: PRODUCT LAUNCHES/ENHANCEMENTS    281

TABLE 270            EMERSON ELECTRIC CO.: DEALS              281

TABLE 271            ABB: BUSINESS OVERVIEW          282

TABLE 272            ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED             283

TABLE 273            ABB: DEALS        284

TABLE 274            ROBERT BOSCH GMBH: BUSINESS OVERVIEW                 285

TABLE 275            ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    286

TABLE 276            ROBERT BOSCH GMBH: PRODUCT LAUNCHES/ENHANCEMENTS    287

TABLE 277            ROBERT BOSCH GMBH: DEALS 287

TABLE 278            SCHNEIDER ELECTRIC: BUSINESS OVERVIEW                 288

TABLE 279            SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    289

TABLE 280            SCHNEIDER ELECTRIC: DEALS  290

TABLE 281            BENTLEY SYSTEMS, INCORPORATED: BUSINESS OVERVIEW          291

TABLE 282            BENTLEY SYSTEMS, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    292

TABLE 283            BENTLEY SYSTEMS, INCORPORATED: DEALS                 293

TABLE 284            SAP SE: BUSINESS OVERVIEW     306

TABLE 285            SAP SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             307

TABLE 286            SAP SE: DEALS   308

TABLE 287            ORACLE: BUSINESS OVERVIEW 309

TABLE 288            ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             310

TABLE 289            ORACLE: DEAL 311

TABLE 290            AMAZON WEB SERVICES, INC.: BUSINESS OVERVIEW          312

TABLE 291            AMAZON WEB SERVICES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    313

TABLE 292            AMAZON WEB SERVICES, INC.: DEAL      314

TABLE 293            MICROSOFT: BUSINESS OVERVIEW         315

TABLE 294            MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    316

TABLE 295            MICROSOFT: PRODUCT LAUNCHES/ENHANCEMENTS    317

TABLE 296            MICROSOFT: DEALS       317

LIST OF FIGURES

FIGURE 1              DIGITAL TWIN MARKET SEGMENTATION AND REGIONAL SCOPE            30

FIGURE 2              DURATION COVERED   31

FIGURE 3              DIGITAL TWIN MARKET: RESEARCH DESIGN                 34

FIGURE 4              DIGITAL TWIN MARKET: RESEARCH APPROACH                 36

FIGURE 5              DATA CAPTURED USING SECONDARY SOURCES                 37

FIGURE 6              DATA CAPTURED FROM PRIMARY SOURCES                 39

FIGURE 7              CORE FINDINGS FROM INDUSTRY EXPERTS                 40

FIGURE 8              BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION  40

FIGURE 9              BOTTOM-UP APPROACH              42

FIGURE 10            TOP-DOWN APPROACH                42

FIGURE 11            MARKET SIZE ESTIMATION METHODOLOGY: (DEMAND SIDE) REVENUE GENERATED BY COMPANIES IN DIGITAL TWIN MARKET                43

FIGURE 12            DATA TRIANGULATION METHODOLOGY                 44

FIGURE 13            ASSUMPTIONS CONSIDERED DURING RESEARCH           45

FIGURE 14            PREDICTIVE MAINTENANCE SEGMENT TO HOLD LARGEST SHARE OF

DIGITAL TWIN MARKET, BY APPLICATION, IN 2030          48

FIGURE 15            SMALL & MEDIUM-SIZED ENTERPRISES TO REGISTER HIGHER CAGR DURING FORECAST PERIOD   48

FIGURE 16            HEALTHCARE INDUSTRY TO WITNESS HIGHEST CAGR FROM 2025 TO 2030             49

FIGURE 17            NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 50

FIGURE 18            RISING ADOPTION OF DIGITAL TWIN SOLUTIONS BY MANUFACTURING FIRMS TO FUEL MARKET GROWTH             51

FIGURE 19            PREDICTIVE MAINTENANCE SEGMENT TO DOMINATE MARKET IN 2025       51

FIGURE 20            LARGE ENTERPRISES SEGMENT TO SECURE LARGER MARKET SHARE IN 2025               52

FIGURE 21            AUTOMOTIVE & TRANSPORTATION SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2025                 52

FIGURE 22            CHINA TO REGISTER HIGHEST CAGR IN GLOBAL DIGITAL TWIN MARKET DURING FORECAST PERIOD                 53

FIGURE 23           DIGITAL TWIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES     55

FIGURE 24            DIGITAL TWIN MARKET: IMPACT OF DRIVERS                 57

FIGURE 25            DIGITAL TWIN MARKET: IMPACT OF RESTRAINTS      58

FIGURE 26            DIGITAL TWIN MARKET: IMPACT OF OPPORTUNITIES              60

FIGURE 27            DIGITAL TWIN MARKET: IMPACT OF CHALLENGES    61

FIGURE 28            DIGITAL TWIN MARKET: VALUE CHAIN ANALYSIS            62

FIGURE 29            ECOSYSTEM ANALYSIS  64

FIGURE 30            INVESTMENT AND FUNDING SCENARIO, 2020–2025        66

FIGURE 31            AVERAGE SELLING PRICE TREND OF DIGITAL TWIN PLATFORM,

BY REGION, 2021–2024    67

FIGURE 32            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   68

FIGURE 33            DIGITAL TWIN MARKET: PORTER’S FIVE FORCES ANALYSIS           73

FIGURE 34            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES            76

FIGURE 35            KEY BUYING CRITERIA OF TOP 3 INDUSTRIES                 77

FIGURE 36            IMPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 851769,

BY COUNTRY, 2020–2024                82

FIGURE 37            EXPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 851769,

BY COUNTRY, 2020–2024                83

FIGURE 38            ANALYSIS OF PATENTS GRANTED AND APPLIED IN DIGITAL TWIN MARKET       84

FIGURE 39            AI USE CASES IN DIGITAL TWIN                 92

FIGURE 40            DIGITAL TWIN DEPLOYMENT MODELS 101

FIGURE 41            DIGITAL TWIN MARKET, BY ENTERPRISE SIZE                 106

FIGURE 42            DIGITAL TWIN MARKET FOR SMALL & MEDIUM-SIZED ENTERPRISES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD         107

FIGURE 43            DIGITAL TWIN MARKET, BY APPLICATION                 112

FIGURE 44            PREDICTIVE MAINTENANCE APPLICATIONS TO HOLD PROMINENT MARKET SHARE IN 2030        112

FIGURE 45            DIGITAL TWIN MARKET, BY INDUSTRY 125

FIGURE 46            HEALTHCARE SEGMENT TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD          126

FIGURE 47            DIGITAL TWIN MARKET IN CHINA TO GROW AT HIGHEST CAGR

FROM 2025 TO 2030          175

FIGURE 48            NORTH AMERICA TO DOMINATE DIGITAL TWIN MARKET DURING FORECAST PERIOD       176

FIGURE 49            NORTH AMERICA: DIGITAL TWIN MARKET SNAPSHOT          178

FIGURE 50            EUROPE: DIGITAL TWIN MARKET SNAPSHOT                 187

FIGURE 51            ASIA PACIFIC: DIGITAL TWIN MARKET SNAPSHOT          202

FIGURE 52            DIGITAL TWIN MARKET: REVENUE ANALYSIS, 2020–2024              228

FIGURE 53            MARKET SHARE ANALYSIS, 2024                 229

FIGURE 54            COMPANY VALUATION 232

FIGURE 55            FINANCIAL METRICS (EV/EBITDA)          232

FIGURE 56            BRAND COMPARISON   233

FIGURE 57            DIGITAL TWIN MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024         235

FIGURE 58            DIGITAL TWIN MARKET: COMPANY FOOTPRINT       236

FIGURE 59            DIGITAL TWIN MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 242

FIGURE 60            SIEMENS: COMPANY SNAPSHOT               252

FIGURE 61            GE VERNOVA: COMPANY SNAPSHOT     256

FIGURE 62            ANSYS, INC.: COMPANY SNAPSHOT         259

FIGURE 63            DASSAULT SYSTÈMES: COMPANY SNAPSHOT                 263

FIGURE 64            PTC: COMPANY SNAPSHOT        267

FIGURE 65            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          270

FIGURE 66            ROCKWELL AUTOMATION: COMPANY SNAPSHOT          273

FIGURE 67            HEXAGON AB: COMPANY SNAPSHOT     276

FIGURE 68            EMERSON ELECTRIC CO.: COMPANY SNAPSHOT                 280

FIGURE 69            ABB: COMPANY SNAPSHOT        283

FIGURE 70            ROBERT BOSCH GMBH: COMPANY SNAPSHOT                 286

FIGURE 71            SCHNEIDER ELECTRIC: COMPANY SNAPSHOT                 289

FIGURE 72            BENTLEY SYSTEMS, INCORPORATED: COMPANY SNAPSHOT   292

FIGURE 73            SAP SE: COMPANY SNAPSHOT   307

FIGURE 74            ORACLE: COMPANY SNAPSHOT                310

FIGURE 75            AMAZON WEB SERVICES, INC.: COMPANY SNAPSHOT          313

FIGURE 76            MICROSOFT: COMPANY SNAPSHOT        316