Market Research Insights

 Get To Know : https://tinyurl.com/sujtyub The digital twin is a dynamic digital clone of a process, product, system, or facility, which can be used for multiple purposes, including gauging the performance and assessing the operating life of equipment, creating a sustainable environment, and ensure a better digital experience for customers. Such digital replicas can imitate real-world situations and help examine products, monitor the changes in the performance and condition of machines, and eventually optimize the systems and processes.

  San Francisco, 17 June 2021:   The Report  Digital Twin Market  Size, Share & Trends Analysis Report By End-use (Automotive & Transport, Retail & Consumer Goods, Agriculture, Manufacturing, Energy & Utilities), By Region, And Segment Forecasts, 2021 - 2028 The global digital twin market size is anticipated to reach USD 86.09 billion by 2028, according to a new study by Grand View Research Inc. It is projected to register a CAGR of 42.7% from 2021 to 2028. The spread of COVID-19 has expedited the adoption of digital twins in specific end-use industries. To work at minimum labor count with social distancing norms, end-user industries such as healthcare, agriculture, and government offices, have implemented digital twin technologies across several countries. Thus, the pandemic has resulted in providing impetus to digital twin adoption to be better prepared for any such crises in the future. The use of a replica of an equipment or system helps...