Report cover image

Growth Opportunities for Digital Twins in Manufacturing

Publisher Frost & Sullivan
Published Aug 23, 2022
Length 39 Pages
SKU # MC17356738

Description

Growth Opportunities for Digital Twins in Manufacturing

Digital twins (DTs) are not a novelty. Different industry verticals have been benefiting from DTs for decades. However, technological enablers such as artificial intelligence, blockchain, and 5G are expanding the limits of DTs and opening up the concept. The next generation of plants and factories are starting to demonstrate success in complementing the physical world with the virtual world. In this regard, DTs act as the bridge connecting these traditionally separate realms.

The aim of this study is to represent the transformational potential of digital twins and their impact on companies´ growth. It analyzes the growth prospects of digital twins in industrial applications, explores the most innovative use cases, and details how technological enablers are shaping the market. Frost & Sullivan also highlights the main growth opportunities that industry players should consider for positive disruption of traditional business models.

KEY ISSUES ADDRESSED:

What is a DT?
What are the drivers and restraints shaping DTs?
What is the estimated market of DTs?
What is the adoption level of DTs?
Who are the leading DT providers?
What are the technological enablers of DTs?
What are the innovative application use cases of DTs?

Table of Contents

39 Pages
    • Why is it Increasingly Difficult to Grow?
    • The Strategic Imperative 8
    • The Impact of the Top 3 Strategic Imperatives on the Digital Twin (DT) Industry
    • Growth Opportunities Fuel the Growth Pipeline Engine
    • Questions This Study Will Answer:
    • What is a DT?
    • Growth Drivers
    • Growth Restraints
    • Estimated Market for DTs
    • Level of Adoption across Industrial Business Segments
    • Global Leading DT Providers
    • Technological Enablers-DTs
    • Innovative Application Cases
    • Growth Opportunity 1: M&As, Partnerships, and Collaborations for Industry Convergence
    • Growth Opportunity 2: Increased Sustainability Approach
    • Growth Opportunity 3: Scalable and Modular DTs to Enable Customer-centric Approaches
    • DT Capabilities

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us