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Global digital twin market is projected to grow from $ 3.1 billion in 2018 to $ 17.4 billion by 2024NEW YORK, June 4, 2019 /PRNewswire/ -- Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors. The analyst further examined the product offerings or variants, distribution channels, and regional presence of major digital twin software providers. The analyst calculated global digital twin market size by using a bottom-up approach, where data standard applications (user sectors such as Manufacturing, Transportation, Energy & Utilities, Healthcare, Consumer Goods and Others) was recorded as well as forecast for the future years. The analyst sourced these values from industry experts and company representatives and these were externally validated through analyzing historical data of digital twin market to arrive at the overall market size. Various secondary sources such as company websites, annual reports, World Bank website, government websites, press releases, company annual reports, whitepapers, investor presentations and financial reports were also reviewed by the analyst. Key Target Audience: • Digital Twin Software Providers and other stakeholders • IoT Vendors • End users of Digital Twin such as Manufacturing, Transportation, Energy & Utilities, Healthcare, Consumer Goods and Others • Application or Software Developers, Entrepreneurs, Digital Twin Software Integrators • Associations, Organizations, Forums and Alliances associated with Digital Twin Technology & Start ups Government bodies such as regulating authorities and policy makers • Market research and consulting firms The study is useful in providing answers to several critical questions that are important for industry stakeholders such as digital twin software providers, procurers, customers and policy makers. The report would enable the stakeholders in identifying which market segments should be targeted in the coming years and accordingly strategize investments and capitalize on the growth opportunities. Report Scope: In this report, global digital twin market has been segmented into the following categories in addition to the industry trends which have also been detailed below: • Market, by Application: o Manufacturing Process Planning o Product Design o Others • Market, by End Use Sector: o Manufacturing o Transportation o Energy & Utilities o Healthcare o Consumer Goods o Others • Market, by Region: o North America - United States - Canada - Mexico o Europe - Germany - UK - France - Italy - Spain - Rest of Region o Asia-Pacific - China - Japan - South Korea - India - Singapore - Rest of Region o Middle East & Africa - Turkey - Saudi Arabia - UAE - South Africa - Rest of Region o South America - Brazil - Argentina - Colombia - Rest of Region Competitive Landscape Competition Benchmarking: Benchmarking of leading 10 players Company Profiles: Detailed analysis of the major companies providing digital twin software. Available Customizations: With the given market data, we offers customizations according to a company's specific needs. The following customization options are available for the report: • Five more players in the market • Further bifurcation in the regional market Download the full report: https://www.reportbuyer.com/product/5778901/?utm_source=PRN About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/global-digital-twin-market-is-projected-to-grow-from--3-1-billion-in-2018-to--17-4-billion-by-2024--300861902.html SOURCE ReportBuyer |