In 2023, the global digital twin market was valued at USD 16.75 billion and is anticipated to expand at a compound annual growth rate (CAGR) of 35.7% from 2024 to 2030. Digital twin technology, which creates virtual replicas of physical systems, is gaining popularity as it bridges the gap between the digital and physical worlds. This technology's ability to streamline operations, optimize...

Digital Twin Industry Overview The global digital twin market was valued at USD 16.75 billion in 2023 and is projected to experience significant growth at a compound annual growth rate (CAGR) of 35.7% from 2024 to 2030. Digital twin technology is rapidly gaining momentum due to its ability to bridge the gap between the physical and virtual worlds, making it a key enabler for various industries....

The global digital twin market, valued at approximately USD 16.75 billion in 2023, is forecasted to grow at an impressive compound annual growth rate (CAGR) of 35.7% from 2024 to 2030. The rise of digital twin technology is attributed to its ability to bridge physical and digital environments effectively. This technology is expected to experience robust growth during the forecast period,...

Digital Twin Industry The global digital twin market was estimated to be valued at USD 24.97 billion in 2024, and it is projected to expand at a compound annual growth rate (CAGR) of 34.2% from 2025 to 2030. Digital twin technology is rapidly gaining momentum due to its powerful ability to bridge the physical and digital worlds. This technology allows for the creation of virtual replicas of...