Software News

Software News!

Application and Enterprise Software News
Press release distribution service

Software Links: Application Software, Enterprise Software, Virus Software


Home > Software News:
  • Watch News Feed
  • Bestsellers Software

  • Latest Study Global Digital Twin Market | Technology Trend ,forecast & Application

    (I-SoftwareNews.Com, June 15, 2021 )
    Digital Twin is also known as Digital replica of living or non-living physical entity. The increase in internet penetration along with the proliferation of smartphones and the advent of advanced technologies such as VR, AR, Artificial Intelligence, deep learning, machine language, and blockchain is driving the global digital twin market growth. Digital Twin technology is helping to reduce the time to market, to increase operational efficiency, and improve product lifecycle for various end-use segments like automotive, aerospace, and healthcare. Furthermore, the digital twin technology allows supply chain managers to better control their stocks. For instance, the Internet of things (IoT) sensors deployed in smart stores use the data through these sensors & analyze them with the digital twin technology and big data analytics to increase the shopper value & to improve the efficiency in supply chain in real-time.

    Request a Sample Copy of the Research Report @

    Key Players

    Some prominent players operating in the global digital twin market include General Electric, IBM, PTC, Microsoft Corporation, Siemens AG, Ansys, SAP, Oracle, Robert Bosch, and SWIM AI. To leverage new opportunities in the digital twin market & target new customers, companies are adopting various strategies to develop customized products for specific clients.
    Impact of COVID-19 on Market

    The Global Digital Twin Market experienced a slight slump in the year 2020 due to the shutting down of manufacturing sites, production plants, and other factories in the 1st half of the year triggered by the spread of the COVID-19 outbreak. However, due to the varied applications of digital twins, the market is poised for exponential growth, which is anticipated to be accelerated by social distancing norms, forcing companies to adopt digital twins.

    Get your Customized Research Report @

    Market Taxonomy

    By Types
    Part Digital Twin
    Product Digital twin
    System Digital Twin

    By Technology
    IoT and IIot
    Artificial Intelligence and Machine Learning
    Big Data Analytics
    Augmented Reality, Virtual Reality, and Mixed Reality

    By End Users
    Aerospace & Defense
    Automotive & Transportation
    Electronics and Electrical Machine Manufacturing
    Energy & Utilities
    Home & Commercials

    By Region
    North America
    Latin America
    Asia Pacific
    Middle East & Africa

    Regional Analysis

    The Global Digital Twin Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

    The North America region holds the largest market share in the overall digital twin market. In recent years, the development of various software & deployment of automation solutions in the manufacturing industries has improved production lines as well as downstream operations which is expected support the market growth in the region. Moreover, the increase in research & development in the field of the IoT and IIoT and growing demand for efficient & cost-effective technologies for product manufacturing are also accelerating the regional market growth.

    Inquire To Know More About This Report @

    Have a Look at our Reports:

    Global Intelligent Document Processing Market :

    Global Insurtech Market :

    Open RAN Market :

    Qualiket Research

    Hemant Singh


    Source: EmailWire.Com


    Media Sponsor

    I-SoftwareNews.Com Sponsors

    Software Advertisement

    I-SoftwareNews.Com Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - Newswire and Press Release service of GroupWeb Media LLC