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Global Digital Twins in IoT Market Research Report 2024
Synopsis
The global Digital Twins in IoT market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
This report aims to provide a comprehensive presentation of the global market for Digital Twins in IoT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Twins in IoT.
Report Scope
The Digital Twins in IoT market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Twins in IoT market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digital Twins in IoT companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GE DIGITAL
Siemens
IBM
Microsoft
Oracle
PTC
SAP
Hitachi
Dassault Systèmes
ANSYS
Bosch
Segment by Type
Digital Twin of the Product
Digital Twin of Production
Digital Twin of Performance
Other
Segment by Application
Manufacturing
Healthcare
Transport
Information and Communication
Energy & Utilities
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Digital Twins in IoT companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The global Digital Twins in IoT market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
This report aims to provide a comprehensive presentation of the global market for Digital Twins in IoT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Twins in IoT.
Report Scope
The Digital Twins in IoT market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Twins in IoT market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digital Twins in IoT companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GE DIGITAL
Siemens
IBM
Microsoft
Oracle
PTC
SAP
Hitachi
Dassault Systèmes
ANSYS
Bosch
Segment by Type
Digital Twin of the Product
Digital Twin of Production
Digital Twin of Performance
Other
Segment by Application
Manufacturing
Healthcare
Transport
Information and Communication
Energy & Utilities
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Digital Twins in IoT companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Digital Twins in IoT Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Digital Twin of the Product
1.2.3 Digital Twin of Production
1.2.4 Digital Twin of Performance
1.2.5 Other
1.3 Market by Application
1.3.1 Global Digital Twins in IoT Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Manufacturing
1.3.3 Healthcare
1.3.4 Transport
1.3.5 Information and Communication
1.3.6 Energy & Utilities
1.3.7 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Digital Twins in IoT Market Perspective (2019-2030)
2.2 Digital Twins in IoT Growth Trends by Region
2.2.1 Global Digital Twins in IoT Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Digital Twins in IoT Historic Market Size by Region (2019-2024)
2.2.3 Digital Twins in IoT Forecasted Market Size by Region (2025-2030)
2.3 Digital Twins in IoT Market Dynamics
2.3.1 Digital Twins in IoT Industry Trends
2.3.2 Digital Twins in IoT Market Drivers
2.3.3 Digital Twins in IoT Market Challenges
2.3.4 Digital Twins in IoT Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Digital Twins in IoT Players by Revenue
3.1.1 Global Top Digital Twins in IoT Players by Revenue (2019-2024)
3.1.2 Global Digital Twins in IoT Revenue Market Share by Players (2019-2024)
3.2 Global Digital Twins in IoT Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Digital Twins in IoT Revenue
3.4 Global Digital Twins in IoT Market Concentration Ratio
3.4.1 Global Digital Twins in IoT Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Digital Twins in IoT Revenue in 2023
3.5 Digital Twins in IoT Key Players Head office and Area Served
3.6 Key Players Digital Twins in IoT Product Solution and Service
3.7 Date of Enter into Digital Twins in IoT Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Digital Twins in IoT Breakdown Data by Type
4.1 Global Digital Twins in IoT Historic Market Size by Type (2019-2024)
4.2 Global Digital Twins in IoT Forecasted Market Size by Type (2025-2030)
5 Digital Twins in IoT Breakdown Data by Application
5.1 Global Digital Twins in IoT Historic Market Size by Application (2019-2024)
5.2 Global Digital Twins in IoT Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Digital Twins in IoT Market Size (2019-2030)
6.2 North America Digital Twins in IoT Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Digital Twins in IoT Market Size by Country (2019-2024)
6.4 North America Digital Twins in IoT Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Digital Twins in IoT Market Size (2019-2030)
7.2 Europe Digital Twins in IoT Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Digital Twins in IoT Market Size by Country (2019-2024)
7.4 Europe Digital Twins in IoT Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Digital Twins in IoT Market Size (2019-2030)
8.2 Asia-Pacific Digital Twins in IoT Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Digital Twins in IoT Market Size by Region (2019-2024)
8.4 Asia-Pacific Digital Twins in IoT Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Digital Twins in IoT Market Size (2019-2030)
9.2 Latin America Digital Twins in IoT Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Digital Twins in IoT Market Size by Country (2019-2024)
9.4 Latin America Digital Twins in IoT Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Digital Twins in IoT Market Size (2019-2030)
10.2 Middle East & Africa Digital Twins in IoT Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Digital Twins in IoT Market Size by Country (2019-2024)
10.4 Middle East & Africa Digital Twins in IoT Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GE DIGITAL
11.1.1 GE DIGITAL Company Detail
11.1.2 GE DIGITAL Business Overview
11.1.3 GE DIGITAL Digital Twins in IoT Introduction
11.1.4 GE DIGITAL Revenue in Digital Twins in IoT Business (2019-2024)
11.1.5 GE DIGITAL Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens Digital Twins in IoT Introduction
11.2.4 Siemens Revenue in Digital Twins in IoT Business (2019-2024)
11.2.5 Siemens Recent Development
11.3 IBM
11.3.1 IBM Company Detail
11.3.2 IBM Business Overview
11.3.3 IBM Digital Twins in IoT Introduction
11.3.4 IBM Revenue in Digital Twins in IoT Business (2019-2024)
11.3.5 IBM Recent Development
11.4 Microsoft
11.4.1 Microsoft Company Detail
11.4.2 Microsoft Business Overview
11.4.3 Microsoft Digital Twins in IoT Introduction
11.4.4 Microsoft Revenue in Digital Twins in IoT Business (2019-2024)
11.4.5 Microsoft Recent Development
11.5 Oracle
11.5.1 Oracle Company Detail
11.5.2 Oracle Business Overview
11.5.3 Oracle Digital Twins in IoT Introduction
11.5.4 Oracle Revenue in Digital Twins in IoT Business (2019-2024)
11.5.5 Oracle Recent Development
11.6 PTC
11.6.1 PTC Company Detail
11.6.2 PTC Business Overview
11.6.3 PTC Digital Twins in IoT Introduction
11.6.4 PTC Revenue in Digital Twins in IoT Business (2019-2024)
11.6.5 PTC Recent Development
11.7 SAP
11.7.1 SAP Company Detail
11.7.2 SAP Business Overview
11.7.3 SAP Digital Twins in IoT Introduction
11.7.4 SAP Revenue in Digital Twins in IoT Business (2019-2024)
11.7.5 SAP Recent Development
11.8 Hitachi
11.8.1 Hitachi Company Detail
11.8.2 Hitachi Business Overview
11.8.3 Hitachi Digital Twins in IoT Introduction
11.8.4 Hitachi Revenue in Digital Twins in IoT Business (2019-2024)
11.8.5 Hitachi Recent Development
11.9 Dassault Systèmes
11.9.1 Dassault Systèmes Company Detail
11.9.2 Dassault Systèmes Business Overview
11.9.3 Dassault Systèmes Digital Twins in IoT Introduction
11.9.4 Dassault Systèmes Revenue in Digital Twins in IoT Business (2019-2024)
11.9.5 Dassault Systèmes Recent Development
11.10 ANSYS
11.10.1 ANSYS Company Detail
11.10.2 ANSYS Business Overview
11.10.3 ANSYS Digital Twins in IoT Introduction
11.10.4 ANSYS Revenue in Digital Twins in IoT Business (2019-2024)
11.10.5 ANSYS Recent Development
11.11 Bosch
11.11.1 Bosch Company Detail
11.11.2 Bosch Business Overview
11.11.3 Bosch Digital Twins in IoT Introduction
11.11.4 Bosch Revenue in Digital Twins in IoT Business (2019-2024)
11.11.5 Bosch Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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