Digital Twin Market Enabling Technologies, Applications, Standardization, Key Trends Forecasts 2021

WiseGuyReports.Com Publish a New Market Research Report On – “Digital Twin Market Enabling Technologies, Applications, Standardization, Key Trends Forecasts 2021”.

Pune, India – December 22, 2017 /MarketersMedia/ —

The analysts forecast the global digital twin market to grow at a CAGR of 32.73% during the period 2017-2021.

Digital twins integrate technologies such as machine learning, M2M, artificial intelligence (AI), predictive analytics, and sensor telemetry to create digital clones of physical machines and idealized digital simulation models that evolve based on the data collected from real-world instances. Digital twins are digital copies of physical assets including all their modeled characteristics and behaviors. This can also include the effects of aging and repeated usage on a physical object over a period of time. A digital twin is designed by 3D modeling a physical object, which is activated using sensors that have data collected from sensors of the physical object.

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Covered in this report
The report covers the present scenario and the growth prospects of the global digital twin market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of hardware and software products used to develop and implement digital twin technology, which is deployed on-premises and on the cloud.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

The report, Global Digital Twin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• General Electric
• Microsoft
• PTC
• Siemens

Other prominent vendors
• Oracle
• IBM
• ANSYS
• Bosch Software Innovations
• SAP

Market driver
• Developments in sensor technologies and communication devices
• For a full, detailed list, view our report

Market challenge
• High costs of implementation
• For a full, detailed list, view our report

Market trend
• Industrial Internet revolution
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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Table Of Contents – Major Key Points

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
• Market outline

PART 05: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 06: MARKET SIZING
• Market definition
• Market sizing 2016
• Market size and forecast 2016-2021

PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 08: MARKET SEGMENTATION BY DEPLOYMENT
• Segmentation by deployment
• Comparison by deployment
• On-premises – Market size and forecast 2016-2021
• Cloud-based – Market size and forecast 2016-2021
• Market opportunity by deployment

PART 09: CUSTOMER LANDSCAPE

PART 10: MARKET SEGMENTATION BY END-USER
• Segmentation by end-user
• Comparison by end-user
• Aerospace – Market size and forecast 2016-2021
• Automotive – Market size and forecast 2016-2021
• Energy – Market size and forecast 2016-2021
• Home automation – Market size and forecast 2016-2021
• Manufacturing – Market size and forecast 2016-2021
• Others – Market size and forecast 2016-2021
• Market opportunity by end-user

PART 11: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• Americas – Market size and forecast 2016-2021
• EMEA – Market size and forecast 2016-2021
• APAC – Market size and forecast 2016-2021
• Market opportunity

PART 12: DECISION FRAMEWORK

PART 13: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges

PART 14: MARKET TRENDS
• Industrial Internet revolution
• Evolution of IIoT
• Growing adoption of cloud-based services

Continue…….

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Source: MarketersMedia

Release ID: 281323