June 2020 |
Babel Buster Network Gateways: Big Features. Small Price. |
|
How the Digital Twin Market is set to grow massively over the next 5 years
Articles |
Interviews |
Releases |
New Products |
Reviews |
![]() |
Editorial |
Events |
Sponsors |
Site Search |
Newsletters |
![]() |
Archives |
Past Issues |
Home |
Editors |
eDucation |
![]() |
Training |
Links |
Software |
Subscribe |
![]() |
A recent Markets & Markets report
estimated the Digital Twin market will grow from $3.8 billion in 2019,
to $35.8 billion per year by 2025, at a CAGR of 45.4%. Digital Twin
software is already revolutionizing industries such as Healthcare,
Architecture, Aerospace, Defence, and Automotive & Transportation.
Furthermore, the global Smart Infrastructure market, which includes the
Digital Twin sector, is expected to thrive at a considerable CAGR
between 2020 and 2025 as demand for the Smart Infrastructure has been a
booming year on year, reports Market Research Explore.
The report for the global Smart Infrastructure market, named Siemens,
Cityzenith, and Black & Veatch, as the leading companies in the
sector.
What is a Digital Twin?
Digital Twins bridge the digital and physical worlds. Digital Twins are
virtual replicas of buildings, infrastructure and physical assets,
fully interconnected with the data in and around them that optimize
project performance, and help predict and visualize future outcomes.
The world's most advanced Digital Twin software, SmartWorldPro
is delivering value across multiple functional areas like maintenance,
energy consumption, space utilization and traffic management,
Cityzenith’s Digital Twin platform, SmartWorldPro, aggregates and
analyzes information needed to design, build, and run projects at any
scale.
[Home Page] [The Automator] [About] [Subscribe ] [Contact Us]