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Digital Thread-Global Market Insights and Sales Trends 2024
Synopsis
Digital thread is usually mentioned with digital twin, they are two concepts to deliver new customer-centric experiences powered by digital. Digital thread refers to the communication framework that allows a connected data flow and integrated view of the asset’s data throughout its lifecycle across traditionally siloed functional perspectives. The digital thread concept raises the bar for delivering “the right information to the right place at the right time.”
The global Digital Thread market size is expected to reach US$ 1604.5 million by 2029, growing at a CAGR of 10.4% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Thread in various end use industries. The expanding demands from the Aerospace and Defense, Automotive and Transportation, Machine Manufacturing and Energy and Utilities, are propelling Digital Thread market. System Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Parts Type segment is estimated at % CAGR for the next seven-year period.
Global 5 largest manufacturers of Digital Thread are PTC, Dassault Systèmes, Siemens, General Electric and ANSYS, which make up over 75%. Among them, PTC is the leader with about 25% market share.
North America is the largest market, with a share about 50%, followed by Europe and Asia-Pacific, with the share about 32% and 15%. In terms of product type, System Type occupies the largest share of the total market, about 55%. And in terms of application, the largest application is Machine Manufacturing, followed by Aerospace & Defense.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Thread, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Thread market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Thread market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Thread sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Thread covered in this report include General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, SAP and Oracle Corporation, etc.
The global Digital Thread market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
SAP
Oracle Corporation
Global Digital Thread market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Thread market, Segment by Type:
System Type
Parts Type
Global Digital Thread market, by Application
Aerospace and Defense
Automotive and Transportation
Machine Manufacturing
Energy and Utilities
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Digital Thread companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Digital thread is usually mentioned with digital twin, they are two concepts to deliver new customer-centric experiences powered by digital. Digital thread refers to the communication framework that allows a connected data flow and integrated view of the asset’s data throughout its lifecycle across traditionally siloed functional perspectives. The digital thread concept raises the bar for delivering “the right information to the right place at the right time.”
The global Digital Thread market size is expected to reach US$ 1604.5 million by 2029, growing at a CAGR of 10.4% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Thread in various end use industries. The expanding demands from the Aerospace and Defense, Automotive and Transportation, Machine Manufacturing and Energy and Utilities, are propelling Digital Thread market. System Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Parts Type segment is estimated at % CAGR for the next seven-year period.
Global 5 largest manufacturers of Digital Thread are PTC, Dassault Systèmes, Siemens, General Electric and ANSYS, which make up over 75%. Among them, PTC is the leader with about 25% market share.
North America is the largest market, with a share about 50%, followed by Europe and Asia-Pacific, with the share about 32% and 15%. In terms of product type, System Type occupies the largest share of the total market, about 55%. And in terms of application, the largest application is Machine Manufacturing, followed by Aerospace & Defense.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Thread, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Thread market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Thread market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Thread sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Thread covered in this report include General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, SAP and Oracle Corporation, etc.
The global Digital Thread market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
SAP
Oracle Corporation
Global Digital Thread market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Thread market, Segment by Type:
System Type
Parts Type
Global Digital Thread market, by Application
Aerospace and Defense
Automotive and Transportation
Machine Manufacturing
Energy and Utilities
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Digital Thread companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Digital Thread
1.1 Digital Thread Market Overview
1.1.1 Digital Thread Product Scope
1.1.2 Digital Thread Market Status and Outlook
1.2 Global Digital Thread Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Digital Thread Market Size by Region (2018-2029)
1.4 Global Digital Thread Historic Market Size by Region (2018-2023)
1.5 Global Digital Thread Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Digital Thread Market Size (2018-2029)
1.6.1 North America Digital Thread Market Size (2018-2029)
1.6.2 Europe Digital Thread Market Size (2018-2029)
1.6.3 Asia-Pacific Digital Thread Market Size (2018-2029)
1.6.4 Latin America Digital Thread Market Size (2018-2029)
1.6.5 Middle East & Africa Digital Thread Market Size (2018-2029)
2 Digital Thread Market by Type
2.1 Introduction
2.1.1 System Type
2.1.2 Parts Type
2.2 Global Digital Thread Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Digital Thread Historic Market Size by Type (2018-2023)
2.2.2 Global Digital Thread Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Digital Thread Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Digital Thread Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Digital Thread Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Digital Thread Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Digital Thread Revenue Breakdown by Type (2018-2029)
3 Digital Thread Market Overview by Application
3.1 Introduction
3.1.1 Aerospace and Defense
3.1.2 Automotive and Transportation
3.1.3 Machine Manufacturing
3.1.4 Energy and Utilities
3.1.5 Others
3.2 Global Digital Thread Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Digital Thread Historic Market Size by Application (2018-2023)
3.2.2 Global Digital Thread Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Digital Thread Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Digital Thread Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Digital Thread Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Digital Thread Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Digital Thread Revenue Breakdown by Application (2018-2029)
4 Digital Thread Competition Analysis by Players
4.1 Global Digital Thread Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Digital Thread as of 2022)
4.3 Date of Key Players Enter into Digital Thread Market
4.4 Global Top Players Digital Thread Headquarters and Area Served
4.5 Key Players Digital Thread Product Solution and Service
4.6 Competitive Status
4.6.1 Digital Thread Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 General Electric
5.1.1 General Electric Profile
5.1.2 General Electric Main Business
5.1.3 General Electric Digital Thread Products, Services and Solutions
5.1.4 General Electric Digital Thread Revenue (US$ Million) & (2018-2023)
5.1.5 General Electric Recent Developments
5.2 PTC
5.2.1 PTC Profile
5.2.2 PTC Main Business
5.2.3 PTC Digital Thread Products, Services and Solutions
5.2.4 PTC Digital Thread Revenue (US$ Million) & (2018-2023)
5.2.5 PTC Recent Developments
5.3 Siemens
5.3.1 Siemens Profile
5.3.2 Siemens Main Business
5.3.3 Siemens Digital Thread Products, Services and Solutions
5.3.4 Siemens Digital Thread Revenue (US$ Million) & (2018-2023)
5.3.5 Dassault Systèmes Recent Developments
5.4 Dassault Systèmes
5.4.1 Dassault Systèmes Profile
5.4.2 Dassault Systèmes Main Business
5.4.3 Dassault Systèmes Digital Thread Products, Services and Solutions
5.4.4 Dassault Systèmes Digital Thread Revenue (US$ Million) & (2018-2023)
5.4.5 Dassault Systèmes Recent Developments
5.5 IBM Corporation
5.5.1 IBM Corporation Profile
5.5.2 IBM Corporation Main Business
5.5.3 IBM Corporation Digital Thread Products, Services and Solutions
5.5.4 IBM Corporation Digital Thread Revenue (US$ Million) & (2018-2023)
5.5.5 IBM Corporation Recent Developments
5.6 ANSYS
5.6.1 ANSYS Profile
5.6.2 ANSYS Main Business
5.6.3 ANSYS Digital Thread Products, Services and Solutions
5.6.4 ANSYS Digital Thread Revenue (US$ Million) & (2018-2023)
5.6.5 ANSYS Recent Developments
5.7 SAP
5.7.1 SAP Profile
5.7.2 SAP Main Business
5.7.3 SAP Digital Thread Products, Services and Solutions
5.7.4 SAP Digital Thread Revenue (US$ Million) & (2018-2023)
5.7.5 SAP Recent Developments
5.8 Oracle Corporation
5.8.1 Oracle Corporation Profile
5.8.2 Oracle Corporation Main Business
5.8.3 Oracle Corporation Digital Thread Products, Services and Solutions
5.8.4 Oracle Corporation Digital Thread Revenue (US$ Million) & (2018-2023)
5.8.5 Oracle Corporation Recent Developments
6 North America
6.1 North America Digital Thread Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Digital Thread Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Digital Thread Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Digital Thread Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Digital Thread Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Digital Thread Market Dynamics
11.1 Digital Thread Industry Trends
11.2 Digital Thread Market Drivers
11.3 Digital Thread Market Challenges
11.4 Digital Thread Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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