The global digital twin market is anticipated to grow significantly at a CAGR of 40.2% over the forecast period (2022-2028). The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in […]
Tag Archives: Digital Twin Market
The size of the digital twin market will be valued at us $ 2021 3.1 billion, and by 2028 is expected to reach US $ 48.2 billion. Growth is expected at a CAGR of 58% during the forecast period. Medical and pharmaceutical companies are experiencing the covid-19 pandemic epidemic, changing maintenance and increasing adoption of […]
The Digital Twin Market size is expected to grow at an annual average of 57% during 2021-2027. A digital twin can be thought of as a virtual replica of a physical object. This technology is used in numerous end-use industries due to its potential to improve production layouts, reduce operating costs, increase productivity of existing […]
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