Digital twinning refers to mapping the physical world to the digital world in which Internet of Things (IoT) platforms and software are leveraged to create a digital representation of physical object or asset. The digital twin of a physical object can provide information about the asset such as its physical state and disposition. Accordingly, digital twins represent a form of physical-to-cyber convergence.
This report contains market size and forecasts of Digital Twin and Teleoperations in Global, including the following market information:
Global Digital Twin and Teleoperations Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Digital Twin and Teleoperations market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Parts Twin Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Digital Twin and Teleoperations include Google, General Electric, PTC, Siemens PLM Software, Computer Science Corporation, SAP, Sight Machine, Eclipse Software and Amazon Web Services, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Digital Twin and Teleoperations companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Twin and Teleoperations Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Digital Twin and Teleoperations Market Segment Percentages, by Type, 2021 (%)
Parts Twin
Product Twin
Process Twin
System Twin
Global Digital Twin and Teleoperations Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Digital Twin and Teleoperations Market Segment Percentages, by Application, 2021 (%)
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
Global Digital Twin and Teleoperations Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Digital Twin and Teleoperations Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Digital Twin and Teleoperations revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Digital Twin and Teleoperations revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Google
General Electric
PTC
Siemens PLM Software
Computer Science Corporation
SAP
Sight Machine
Eclipse Software
Amazon Web Services
Oracle
Dassault Systemes
ANSYS
Arrayent
Autodesk
Sysmex
Core Systems