The Digital Twin market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
According to our latest research, the global Digital Twin size is estimated to be USD 10500 million in 2026 from USD 3296.1 million in 2020, with a change XX% between 2020 and 2021. The global Digital Twin market size is expected to grow at a CAGR of 33.6% for the next five years.
Market segmentation
Digital Twin market is split by Type and by Application. For the period 2016-2026, the growth among segments provide accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type, covers
Parts Twin
Product Twin
Process Twin
System Twin
Market segment by Application, can be divided into
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
Market segment by players, this report covers
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
1 Market Overview
1.1 Product Overview and Scope of Digital Twin
1.2 Classification of Digital Twin by Type
1.2.1 Overview: Global Digital Twin Market Size by Type: 2020 Versus 2021 Versus 2026
1.2.2 Global Digital Twin Revenue Market Share by Type in 2020
1.2.3 Parts Twin
1.2.4 Product Twin
1.2.5 Process Twin
1.2.6 System Twin
1.3 Global Digital Twin Market by Application
1.3.1 Overview: Global Digital Twin Market Size by Application: 2020 Versus 2021 Versus 2026
1.3.2 Aerospace & Defense
1.3.3 Automotive & Transportation
1.3.4 Machine Manufacturing
1.3.5 Energy & Utilities
1.3.6 Others
1.4 Global Digital Twin Market Size & Forecast
1.5 Global Digital Twin Market Size and Forecast by Region
1.5.1 Global Digital Twin Market Size by Region: 2016 VS 2021 VS 2026
1.5.2 Global Digital Twin Market Size by Region, (2016-2021)
1.5.3 North America Digital Twin Market Size and Prospect (2016-2026)
1.5.4 Europe Digital Twin Market Size and Prospect (2016-2026)
1.5.5 Asia-Pacific Digital Twin Market Size and Prospect (2016-2026)
1.5.6 South America Digital Twin Market Size and Prospect (2016-2026)
1.5.7 Middle East and Africa Digital Twin Market Size and Prospect (2016-2026)
1.6 Market Drivers, Restraints and Trends
1.6.1 Digital Twin Market Drivers
1.6.2 Digital Twin Market Restraints
1.6.3 Digital Twin Trends Analysis
2 Company Profiles
2.1 General Electric
2.1.1 General Electric Details
2.1.2 General Electric Major Business
2.1.3 General Electric Digital Twin Product and Solutions
2.1.4 General Electric Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
2.1.5 General Electric Recent Developments and Future Plans
2.2 PTC
2.2.1 PTC Details
2.2.2 PTC Major Business
2.2.3 PTC Digital Twin Product and Solutions
2.2.4 PTC Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
2.2.5 PTC Recent Developments and Future Plans
2.3 Siemens
2.3.1 Siemens Details
2.3.2 Siemens Major Business
2.3.3 Siemens Digital Twin Product and Solutions
2.3.4 Siemens Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
2.3.5 Siemens Recent Developments and Future Plans
2.4 Dassault Systèmes
2.4.1 Dassault Systèmes Details
2.4.2 Dassault Systèmes Major Business
2.4.3 Dassault Systèmes Digital Twin Product and Solutions
2.4.4 Dassault Systèmes Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
2.4.5 Dassault Systèmes Recent Developments and Future Plans
2.5 IBM Corporation
2.5.1 IBM Corporation Details
2.5.2 IBM Corporation Major Business
2.5.3 IBM Corporation Digital Twin Product and Solutions
2.5.4 IBM Corporation Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
2.5.5 IBM Corporation Recent Developments and Future Plans
2.6 ANSYS
2.6.1 ANSYS Details
2.6.2 ANSYS Major Business
2.6.3 ANSYS Digital Twin Product and Solutions
2.6.4 ANSYS Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
2.6.5 ANSYS Recent Developments and Future Plans
2.7 Microsoft Corporation
2.7.1 Microsoft Corporation Details
2.7.2 Microsoft Corporation Major Business
2.7.3 Microsoft Corporation Digital Twin Product and Solutions
2.7.4 Microsoft Corporation Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
2.7.5 Microsoft Corporation Recent Developments and Future Plans
2.8 Oracle Corporation
2.8.1 Oracle Corporation Details
2.8.2 Oracle Corporation Major Business
2.8.3 Oracle Corporation Digital Twin Product and Solutions
2.8.4 Oracle Corporation Digital Twin Revenue, Gross Margin and Market Share (2019-2021)
2.8.5 Oracle Corporation Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Digital Twin Revenue and Share by Players (2019-2021)
3.2 Market Concentration Rate
3.2.1 Top 3 Digital Twin Players Market Share
3.2.2 Top 10 Digital Twin Players Market Share
3.2.3 Market Competition Trend
3.3 Digital Twin Players Head Office, Products and Services Provided
3.4 Mergers & Acquisitions
3.5 New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Digital Twin Revenue and Market Share by Type (2016-2021)
4.2 Global Digital Twin Market Forecast by Type (2021-2026)
5 Market Size Segment by Application
5.1 Global Digital Twin Revenue Market Share by Application (2016-2021)
5.2 Digital Twin Market Forecast by Application (2021-2026)
6 North America by Country, by Type, and by Application
6.1 North America Digital Twin Revenue by Type (2016-2026)
6.2 North America Digital Twin Revenue by Application (2016-2026)
6.3 North America Digital Twin Market Size by Country
6.3.1 North America Digital Twin Revenue by Country (2016-2026)
6.3.2 United States Digital Twin Market Size and Forecast (2016-2026)
6.3.3 Canada Digital Twin Market Size and Forecast (2016-2026)
6.3.4 Mexico Digital Twin Market Size and Forecast (2016-2026)
7 Europe by Country, by Type, and by Application
7.1 Europe Digital Twin Revenue by Type (2016-2026)
7.2 Europe Digital Twin Revenue by Application (2016-2026)
7.3 Europe Digital Twin Market Size by Country
7.3.1 Europe Digital Twin Revenue by Country (2016-2026)
7.3.2 Germany Digital Twin Market Size and Forecast (2016-2026)
7.3.3 France Digital Twin Market Size and Forecast (2016-2026)
7.3.4 United Kingdom Digital Twin Market Size and Forecast (2016-2026)
7.3.5 Russia Digital Twin Market Size and Forecast (2016-2026)
7.3.6 Italy Digital Twin Market Size and Forecast (2016-2026)
8 Asia-Pacific by Region, by Type, and by Application
8.1 Asia-Pacific Digital Twin Revenue by Type (2016-2026)
8.2 Asia-Pacific Digital Twin Revenue by Application (2016-2026)
8.3 Asia-Pacific Digital Twin Market Size by Region
8.3.1 Asia-Pacific Digital Twin Revenue by Region (2016-2026)
8.3.2 China Digital Twin Market Size and Forecast (2016-2026)
8.3.3 Japan Digital Twin Market Size and Forecast (2016-2026)
8.3.4 South Korea Digital Twin Market Size and Forecast (2016-2026)
8.3.5 India Digital Twin Market Size and Forecast (2016-2026)
8.3.6 Southeast Asia Digital Twin Market Size and Forecast (2016-2026)
8.3.7 Australia Digital Twin Market Size and Forecast (2016-2026)
9 South America by Country, by Type, and by Application
9.1 South America Digital Twin Revenue by Type (2016-2026)
9.2 South America Digital Twin Revenue by Application (2016-2026)
9.3 South America Digital Twin Market Size by Country
9.3.1 South America Digital Twin Revenue by Country (2016-2026)
9.3.2 Brazil Digital Twin Market Size and Forecast (2016-2026)
9.3.3 Argentina Digital Twin Market Size and Forecast (2016-2026)
10 Middle East & Africa by Country, by Type, and by Application
10.1 Middle East & Africa Digital Twin Revenue by Type (2016-2026)
10.2 Middle East & Africa Digital Twin Revenue by Application (2016-2026)
10.3 Middle East & Africa Digital Twin Market Size by Country
10.3.1 Middle East & Africa Digital Twin Revenue by Country (2016-2026)
10.3.2 Turkey Digital Twin Market Size and Forecast (2016-2026)
10.3.3 Saudi Arabia Digital Twin Market Size and Forecast (2016-2026)
10.3.4 UAE Digital Twin Market Size and Forecast (2016-2026)
11 Research Findings and Conclusion
12 Appendix
12.1 Methodology
12.2 Research Process and Data Source
12.3 Disclaimer
List of Tables
Table 1. Global Digital Twin Revenue by Type, (USD Million), 2020 VS 2021 VS 2026
Table 2. Global Digital Twin Revenue by Application, (USD Million), 2020 VS 2021 VS 2026
Table 3. Global Market Digital Twin Revenue (Million USD) Comparison by Region (2016 VS 2021 VS 2026)
Table 4. Global Digital Twin Revenue (USD Million) by Region (2016-2021)
Table 5. Global Digital Twin Revenue Market Share by Region (2021-2026)
Table 6. General Electric Corporate Information, Head Office, and Major Competitors
Table 7. General Electric Major Business
Table 8. General Electric Digital Twin Product and Solutions
Table 9. General Electric Digital Twin Revenue (USD Million), Gross Margin and Market Share (2019-2021)
Table 10. PTC Corporate Information, Head Office, and Major Competitors
Table 11. PTC Major Business
Table 12. PTC Digital Twin Product and Solutions
Table 13. PTC Digital Twin Revenue (USD Million), Gross Margin and Market Share (2019-2021)
Table 14. Siemens Corporate Information, Head Office, and Major Competitors
Table 15. Siemens Major Business
Table 16. Siemens Digital Twin Product and Solutions
Table 17. Siemens Digital Twin Revenue (USD Million), Gross Margin and Market Share (2019-2021)
Table 18. Dassault Systèmes Corporate Information, Head Office, and Major Competitors
Table 19. Dassault Systèmes Major Business
Table 20. Dassault Systèmes Digital Twin Product and Solutions
Table 21. Dassault Systèmes Digital Twin Revenue (USD Million), Gross Margin and Market Share (2019-2021)
Table 22. IBM Corporation Corporate Information, Head Office, and Major Competitors
Table 23. IBM Corporation Major Business
Table 24. IBM Corporation Digital Twin Product and Solutions
Table 25. IBM Corporation Digital Twin Revenue (USD Million), Gross Margin and Market Share (2019-2021)
Table 26. ANSYS Corporate Information, Head Office, and Major Competitors
Table 27. ANSYS Major Business
Table 28. ANSYS Digital Twin Product and Solutions
Table 29. ANSYS Digital Twin Revenue (USD Million), Gross Margin and Market Share (2019-2021)
Table 30. Microsoft Corporation Corporate Information, Head Office, and Major Competitors
Table 31. Microsoft Corporation Major Business
Table 32. Microsoft Corporation Digital Twin Product and Solutions
Table 33. Microsoft Corporation Digital Twin Revenue (USD Million), Gross Margin and Market Share (2019-2021)
Table 34. Oracle Corporation Corporate Information, Head Office, and Major Competitors
Table 35. Oracle Corporation Major Business
Table 36. Oracle Corporation Digital Twin Product and Solutions
Table 37. Oracle Corporation Digital Twin Revenue (USD Million), Gross Margin and Market Share (2019-2021)
Table 38. Global Digital Twin Revenue (USD Million) by Players (2019-2021)
Table 39. Global Digital Twin Revenue Share by Players (2019-2021)
Table 40. Breakdown of Digital Twin by Company Type (Tier 1, Tier 2 and Tier 3)
Table 41. Digital Twin Players Head Office, Products and Services Provided
Table 42. Digital Twin Mergers & Acquisitions in the Past Five Years
Table 43. Digital Twin New Entrants and Expansion Plans
Table 44. Global Digital Twin Revenue (USD Million) by Type (2016-2021)
Table 45. Global Digital Twin Revenue Share by Type (2016-2021)
Table 46. Global Digital Twin Revenue Forecast by Type (2021-2026)
Table 47. Global Digital Twin Revenue by Application (2016-2021)
Table 48. Global Digital Twin Revenue Forecast by Application (2021-2026)
Table 49. North America Digital Twin Revenue by Type (2016-2021) & (USD Million)
Table 50. North America Digital Twin Revenue by Type (2021-2026) & (USD Million)
Table 51. North America Digital Twin Revenue by Application (2016-2021) & (USD Million)
Table 52. North America Digital Twin Revenue by Application (2021-2026) & (USD Million)
Table 53. North America Digital Twin Revenue by Country (2016-2021) & (USD Million)
Table 54. North America Digital Twin Revenue by Country (2021-2026) & (USD Million)
Table 55. Europe Digital Twin Revenue by Type (2016-2021) & (USD Million)
Table 56. Europe Digital Twin Revenue by Type (2021-2026) & (USD Million)
Table 57. Europe Digital Twin Revenue by Application (2016-2021) & (USD Million)
Table 58. Europe Digital Twin Revenue by Application (2021-2026) & (USD Million)
Table 59. Europe Digital Twin Revenue by Country (2016-2021) & (USD Million)
Table 60. Europe Digital Twin Revenue by Country (2021-2026) & (USD Million)
Table 61. Asia-Pacific Digital Twin Revenue by Type (2016-2021) & (USD Million)
Table 62. Asia-Pacific Digital Twin Revenue by Type (2021-2026) & (USD Million)
Table 63. Asia-Pacific Digital Twin Revenue by Application (2016-2021) & (USD Million)
Table 64. Asia-Pacific Digital Twin Revenue by Application (2021-2026) & (USD Million)
Table 65. Asia-Pacific Digital Twin Revenue by Region (2016-2021) & (USD Million)
Table 66. Asia-Pacific Digital Twin Revenue by Region (2021-2026) & (USD Million)
Table 67. South America Digital Twin Revenue by Type (2016-2021) & (USD Million)
Table 68. South America Digital Twin Revenue by Type (2021-2026) & (USD Million)
Table 69. South America Digital Twin Revenue by Application (2016-2021) & (USD Million)
Table 70. South America Digital Twin Revenue by Application (2021-2026) & (USD Million)
Table 71. South America Digital Twin Revenue by Country (2016-2021) & (USD Million)
Table 72. South America Digital Twin Revenue by Country (2021-2026) & (USD Million)
Table 73. Middle East & Africa Digital Twin Revenue by Type (2016-2021) & (USD Million)
Table 74. Middle East & Africa Digital Twin Revenue by Type (2021-2026) & (USD Million)
Table 75. Middle East & Africa Digital Twin Revenue by Application (2016-2021) & (USD Million)
Table 76. Middle East & Africa Digital Twin Revenue by Application (2021-2026) & (USD Million)
Table 77. Middle East & Africa Digital Twin Revenue by Country (2016-2021) & (USD Million)
Table 78. Middle East & Africa Digital Twin Revenue by Country (2021-2026) & (USD Million)
List of Figures
Figure 1. Digital Twin Picture
Figure 2. Global Digital Twin Revenue Market Share by Type in 2020
Figure 3. Parts Twin
Figure 4. Product Twin
Figure 5. Process Twin
Figure 6. System Twin
Figure 7. Digital Twin Revenue Market Share by Application in 2020
Figure 8. Aerospace & Defense Picture
Figure 9. Automotive & Transportation Picture
Figure 10. Machine Manufacturing Picture
Figure 11. Energy & Utilities Picture
Figure 12. Others Picture
Figure 13. Global Digital Twin Revenue, (USD Million): 2020 VS 2021 VS 2026
Figure 14. Global Digital Twin Revenue and Forecast (2016-2026) & (USD Million)
Figure 15. Global Digital Twin Revenue Market Share by Region (2016-2026)
Figure 16. Global Digital Twin Revenue Market Share by Region in 2020
Figure 17. North America Digital Twin Revenue (USD Million) and Growth Rate (2016-2026)
Figure 18. Europe Digital Twin Revenue (USD Million) and Growth Rate (2016-2026)
Figure 19. Asia-Pacific Digital Twin Revenue (USD Million) and Growth Rate (2016-2026)
Figure 20. South America Digital Twin Revenue (USD Million) and Growth Rate (2016-2026)
Figure 21. Middle East and Africa Digital Twin Revenue (USD Million) and Growth Rate (2016-2026)
Figure 22. Digital Twin Market Drivers
Figure 23. Digital Twin Market Restraints
Figure 24. Digital Twin Market Trends
Figure 25. General Electric Recent Developments and Future Plans
Figure 26. PTC Recent Developments and Future Plans
Figure 27. Siemens Recent Developments and Future Plans
Figure 28. Dassault Systèmes Recent Developments and Future Plans
Figure 29. IBM Corporation Recent Developments and Future Plans
Figure 30. ANSYS Recent Developments and Future Plans
Figure 31. Microsoft Corporation Recent Developments and Future Plans
Figure 32. Oracle Corporation Recent Developments and Future Plans
Figure 33. Global Digital Twin Revenue Share by Players in 2020
Figure 34. Digital Twin Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
Figure 35. Global Top 3 Players Digital Twin Revenue Market Share in 2020
Figure 36. Global Top 10 Players Digital Twin Revenue Market Share in 2020
Figure 37. Key Players Market Share Trend (Top 3 Market Share: 2019 VS 2020 VS 2021)
Figure 38. Global Digital Twin Revenue Share by Type in 2020
Figure 39. Global Digital Twin Market Share Forecast by Type (2021-2026)
Figure 40. Global Digital Twin Revenue Share by Application in 2020
Figure 41. Global Digital Twin Market Share Forecast by Application (2021-2026)
Figure 42. North America Digital Twin Sales Market Share by Type (2016-2026)
Figure 43. North America Digital Twin Sales Market Share by Application (2016-2026)
Figure 44. North America Digital Twin Revenue Market Share by Country (2016-2026)
Figure 45. United States Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 46. Canada Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 47. Mexico Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 48. Europe Digital Twin Sales Market Share by Type (2016-2026)
Figure 49. Europe Digital Twin Sales Market Share by Application (2016-2026)
Figure 50. Europe Digital Twin Revenue Market Share by Country (2016-2026)
Figure 51. Germany Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 52. France Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 53. United Kingdom Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 54. Russia Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 55. Italy Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 56. Asia-Pacific Digital Twin Sales Market Share by Type (2016-2026)
Figure 57. Asia-Pacific Digital Twin Sales Market Share by Application (2016-2026)
Figure 58. Asia-Pacific Digital Twin Revenue Market Share by Region (2016-2026)
Figure 59. China Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 60. Japan Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 61. South Korea Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 62. India Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 63. Southeast Asia Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 64. Australia Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 65. South America Digital Twin Sales Market Share by Type (2016-2026)
Figure 66. South America Digital Twin Sales Market Share by Application (2016-2026)
Figure 67. South America Digital Twin Revenue Market Share by Country (2016-2026)
Figure 68. Brazil Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 69. Argentina Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 70. Middle East and Africa Digital Twin Sales Market Share by Type (2016-2026)
Figure 71. Middle East and Africa Digital Twin Sales Market Share by Application (2016-2026)
Figure 72. Middle East and Africa Digital Twin Revenue Market Share by Country (2016-2026)
Figure 73. Turkey Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 74. Saudi Arabia Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 75. UAE Digital Twin Revenue and Growth Rate (2016-2026) & (USD Million)
Figure 76. Methodology
Figure 77. Research Process and Data Source