The global Digital Twin Market is estimated to be valued at US$ 8.60 billion in 2023 and is expected to exhibit a CAGR of 42.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

 

A) Market Overview:

Digital twin is a virtual representation of a physical object or system that enables the analysis and optimization of its performance. It captures real-time data from sensors and uses advanced analytics and ... Read more

The Digital Twin market is estimated to be valued at US$ 11.13 billion in 2022 and is expected to exhibit a CAGR of 37.5% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Digital Twins are virtual representations of physical assets, systems, or processes that enable companies to monitor, analyze, and optimize their operations. They offer a holistic view of real-time data, allowing businesses to make ... Read more