Global digital twin market size to exceed $20bn by 2025

Global digital twin market

Digital Twin Market size is set to exceed US $20 billion (€17 billion) by 2025; according to a new research report by Global Market Insights, Inc. The digital twin market growth is attributed to the increasing adoption of the IoT and IIoT and the rapidly growing digitalisation in manufacturing, automotive, and healthcare industries. The continuously rising adoption of the IoT that is empowered & backed by 3D simulation, deep learning, Artificial Intelligence (AI), and big data analytics will help in the cost-effective implementation of digital twin in aerospace & defense,…

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