Tag: Digital Twin Market Size

As industries are undergoing a digital revolution, digital twin technologies are introducing new and innovative ways for product designing, operations, and post-sale services. Digital twins combine IoT, artificial intelligence, machine learning, and deep learning to provide a rich and real-time view of an organization’s processes and assets. Digital twin deployments are mainly driven by safety,

Adoption of 3D printing technology, increased usage of IoT devices, use of ADAS in automobile to drive the growth of global digital twin market through 2026. According to TechSci Research report, “Digital Twin Market– Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026”,  The global digital twin market was valued at USD5.715 billion in 2020