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Global Digital Thread Sales Market Report 2023
SKU ID : QYR-23317101 | Publishing Date : 23-Mar-2023 | No. of pages : 109
Digital thread is usually mentioned with digital twin, they are two concepts to deliver new customer-centric experiences powered by digital. Digital thread refers to the communication framework that allows a connected data flow and integrated view of the asset’s data throughout its lifecycle across traditionally siloed functional perspectives. The digital thread concept raises the bar for delivering “the right information to the right place at the right time.”
Market Analysis and Insights: Global Digital Thread Market
Due to the COVID-19 pandemic, the global Digital Thread market size is estimated to be worth US$ 497.6 million in 2022 and is forecast to a readjusted size of US$ 5292 million by 2029 with a CAGR of 39.7% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Parts Type accounting for % of the Digital Thread global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Aerospace & Defense segment is altered to an % CAGR throughout this forecast period.
The major companies of digital threading are GE, PTC, Siemens, Dassault Systemes, IBM and Oracle, and the top three companies account for about 70% of the total market.
North America is the main market, accounting for about 80%, followed by Europe, accounting for about 20%.
Global Digital Thread Scope and Market Size
The global Digital Thread market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Digital Thread market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Parts Type
System Type
Segment by Application
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Market Analysis and Insights: Global Digital Thread Market
Due to the COVID-19 pandemic, the global Digital Thread market size is estimated to be worth US$ 497.6 million in 2022 and is forecast to a readjusted size of US$ 5292 million by 2029 with a CAGR of 39.7% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Parts Type accounting for % of the Digital Thread global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Aerospace & Defense segment is altered to an % CAGR throughout this forecast period.
The major companies of digital threading are GE, PTC, Siemens, Dassault Systemes, IBM and Oracle, and the top three companies account for about 70% of the total market.
North America is the main market, accounting for about 80%, followed by Europe, accounting for about 20%.
Global Digital Thread Scope and Market Size
The global Digital Thread market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Digital Thread market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Parts Type
System Type
Segment by Application
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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