Report Detail
Global Digital Thread Market 2023 by Company, Regions, Type and Application, Forecast to 2029
- RnM3042588 |
- 25 July, 2023 |
- Global |
- 87 Pages |
- GIR (Global Info Research) |
- Service & Software
According to our (Global Info Research) latest study, the global Digital Thread market size was valued at USD 814.7 million in 2022 and is forecast to a readjusted size of USD 1582.9 million by 2029 with a CAGR of 10.0% during review period.
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.”
Global 5 largest manufacturers of Digital Thread are PTC, Dassault Systèmes, Siemens, General Electric and ANSYS, which make up over 75%. Among them, PTC is the leader with about 25% market share.
North America is the largest market, with a share about 50%, followed by Europe and Asia-Pacific, with the share about 32% and 15%. In terms of product type, System Type occupies the largest share of the total market, about 55%. And in terms of application, the largest application is Machine Manufacturing, followed by Aerospace & Defense.
The Global Info Research report includes an overview of the development of the Digital Thread industry chain, the market status of Aerospace and Defense (System Type, Parts Type), Automotive and Transportation (System Type, Parts Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Digital Thread.
Regionally, the report analyzes the Digital Thread markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Digital Thread market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Digital Thread market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Digital Thread industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., System Type, Parts Type).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Digital Thread market.
Regional Analysis: The report involves examining the Digital Thread market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Digital Thread market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Digital Thread:
Company Analysis: Report covers individual Digital Thread players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Digital Thread This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Aerospace and Defense, Automotive and Transportation).
Technology Analysis: Report covers specific technologies relevant to Digital Thread. It assesses the current state, advancements, and potential future developments in Digital Thread areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Digital Thread market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Digital Thread market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
System Type
Parts Type
Market segment by Application
Aerospace and Defense
Automotive and Transportation
Machine Manufacturing
Energy and Utilities
Others
Market segment by players, this report covers
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
SAP
Oracle Corporation
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Digital Thread product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Digital Thread, with revenue, gross margin and global market share of Digital Thread from 2018 to 2023.
Chapter 3, the Digital Thread competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Digital Thread market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Digital Thread.
Chapter 13, to describe Digital Thread research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Digital Thread
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Classification of Digital Thread by Type
- 1.3.1 Overview: Global Digital Thread Market Size by Type: 2018 Versus 2022 Versus 2029
- 1.3.2 Global Digital Thread Consumption Value Market Share by Type in 2022
- 1.3.3 System Type
- 1.3.4 Parts Type
- 1.4 Global Digital Thread Market by Application
- 1.4.1 Overview: Global Digital Thread Market Size by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 Aerospace and Defense
- 1.4.3 Automotive and Transportation
- 1.4.4 Machine Manufacturing
- 1.4.5 Energy and Utilities
- 1.4.6 Others
- 1.5 Global Digital Thread Market Size & Forecast
- 1.6 Global Digital Thread Market Size and Forecast by Region
- 1.6.1 Global Digital Thread Market Size by Region: 2018 VS 2022 VS 2029
- 1.6.2 Global Digital Thread Market Size by Region, (2018-2029)
- 1.6.3 North America Digital Thread Market Size and Prospect (2018-2029)
- 1.6.4 Europe Digital Thread Market Size and Prospect (2018-2029)
- 1.6.5 Asia-Pacific Digital Thread Market Size and Prospect (2018-2029)
- 1.6.6 South America Digital Thread Market Size and Prospect (2018-2029)
- 1.6.7 Middle East and Africa Digital Thread Market Size and Prospect (2018-2029)
2 Company Profiles
- 2.1 General Electric
- 2.1.1 General Electric Details
- 2.1.2 General Electric Major Business
- 2.1.3 General Electric Digital Thread Product and Solutions
- 2.1.4 General Electric Digital Thread Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 General Electric Recent Developments and Future Plans
- 2.2 PTC
- 2.2.1 PTC Details
- 2.2.2 PTC Major Business
- 2.2.3 PTC Digital Thread Product and Solutions
- 2.2.4 PTC Digital Thread Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 PTC Recent Developments and Future Plans
- 2.3 Siemens
- 2.3.1 Siemens Details
- 2.3.2 Siemens Major Business
- 2.3.3 Siemens Digital Thread Product and Solutions
- 2.3.4 Siemens Digital Thread Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 Siemens Recent Developments and Future Plans
- 2.4 Dassault Systèmes
- 2.4.1 Dassault Systèmes Details
- 2.4.2 Dassault Systèmes Major Business
- 2.4.3 Dassault Systèmes Digital Thread Product and Solutions
- 2.4.4 Dassault Systèmes Digital Thread Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 Dassault Systèmes Recent Developments and Future Plans
- 2.5 IBM Corporation
- 2.5.1 IBM Corporation Details
- 2.5.2 IBM Corporation Major Business
- 2.5.3 IBM Corporation Digital Thread Product and Solutions
- 2.5.4 IBM Corporation Digital Thread Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 IBM Corporation Recent Developments and Future Plans
- 2.6 ANSYS
- 2.6.1 ANSYS Details
- 2.6.2 ANSYS Major Business
- 2.6.3 ANSYS Digital Thread Product and Solutions
- 2.6.4 ANSYS Digital Thread Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 ANSYS Recent Developments and Future Plans
- 2.7 SAP
- 2.7.1 SAP Details
- 2.7.2 SAP Major Business
- 2.7.3 SAP Digital Thread Product and Solutions
- 2.7.4 SAP Digital Thread Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 SAP Recent Developments and Future Plans
- 2.8 Oracle Corporation
- 2.8.1 Oracle Corporation Details
- 2.8.2 Oracle Corporation Major Business
- 2.8.3 Oracle Corporation Digital Thread Product and Solutions
- 2.8.4 Oracle Corporation Digital Thread Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 Oracle Corporation Recent Developments and Future Plans
3 Market Competition, by Players
- 3.1 Global Digital Thread Revenue and Share by Players (2018-2023)
- 3.2 Market Share Analysis (2022)
- 3.2.1 Market Share of Digital Thread by Company Revenue
- 3.2.2 Top 3 Digital Thread Players Market Share in 2022
- 3.2.3 Top 6 Digital Thread Players Market Share in 2022
- 3.3 Digital Thread Market: Overall Company Footprint Analysis
- 3.3.1 Digital Thread Market: Region Footprint
- 3.3.2 Digital Thread Market: Company Product Type Footprint
- 3.3.3 Digital Thread Market: Company Product Application Footprint
- 3.4 New Market Entrants and Barriers to Market Entry
- 3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
- 4.1 Global Digital Thread Consumption Value and Market Share by Type (2018-2023)
- 4.2 Global Digital Thread Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
- 5.1 Global Digital Thread Consumption Value Market Share by Application (2018-2023)
- 5.2 Global Digital Thread Market Forecast by Application (2024-2029)
6 North America
- 6.1 North America Digital Thread Consumption Value by Type (2018-2029)
- 6.2 North America Digital Thread Consumption Value by Application (2018-2029)
- 6.3 North America Digital Thread Market Size by Country
- 6.3.1 North America Digital Thread Consumption Value by Country (2018-2029)
- 6.3.2 United States Digital Thread Market Size and Forecast (2018-2029)
- 6.3.3 Canada Digital Thread Market Size and Forecast (2018-2029)
- 6.3.4 Mexico Digital Thread Market Size and Forecast (2018-2029)
7 Europe
- 7.1 Europe Digital Thread Consumption Value by Type (2018-2029)
- 7.2 Europe Digital Thread Consumption Value by Application (2018-2029)
- 7.3 Europe Digital Thread Market Size by Country
- 7.3.1 Europe Digital Thread Consumption Value by Country (2018-2029)
- 7.3.2 Germany Digital Thread Market Size and Forecast (2018-2029)
- 7.3.3 France Digital Thread Market Size and Forecast (2018-2029)
- 7.3.4 United Kingdom Digital Thread Market Size and Forecast (2018-2029)
- 7.3.5 Russia Digital Thread Market Size and Forecast (2018-2029)
- 7.3.6 Italy Digital Thread Market Size and Forecast (2018-2029)
8 Asia-Pacific
- 8.1 Asia-Pacific Digital Thread Consumption Value by Type (2018-2029)
- 8.2 Asia-Pacific Digital Thread Consumption Value by Application (2018-2029)
- 8.3 Asia-Pacific Digital Thread Market Size by Region
- 8.3.1 Asia-Pacific Digital Thread Consumption Value by Region (2018-2029)
- 8.3.2 China Digital Thread Market Size and Forecast (2018-2029)
- 8.3.3 Japan Digital Thread Market Size and Forecast (2018-2029)
- 8.3.4 South Korea Digital Thread Market Size and Forecast (2018-2029)
- 8.3.5 India Digital Thread Market Size and Forecast (2018-2029)
- 8.3.6 Southeast Asia Digital Thread Market Size and Forecast (2018-2029)
- 8.3.7 Australia Digital Thread Market Size and Forecast (2018-2029)
9 South America
- 9.1 South America Digital Thread Consumption Value by Type (2018-2029)
- 9.2 South America Digital Thread Consumption Value by Application (2018-2029)
- 9.3 South America Digital Thread Market Size by Country
- 9.3.1 South America Digital Thread Consumption Value by Country (2018-2029)
- 9.3.2 Brazil Digital Thread Market Size and Forecast (2018-2029)
- 9.3.3 Argentina Digital Thread Market Size and Forecast (2018-2029)
10 Middle East & Africa
- 10.1 Middle East & Africa Digital Thread Consumption Value by Type (2018-2029)
- 10.2 Middle East & Africa Digital Thread Consumption Value by Application (2018-2029)
- 10.3 Middle East & Africa Digital Thread Market Size by Country
- 10.3.1 Middle East & Africa Digital Thread Consumption Value by Country (2018-2029)
- 10.3.2 Turkey Digital Thread Market Size and Forecast (2018-2029)
- 10.3.3 Saudi Arabia Digital Thread Market Size and Forecast (2018-2029)
- 10.3.4 UAE Digital Thread Market Size and Forecast (2018-2029)
11 Market Dynamics
- 11.1 Digital Thread Market Drivers
- 11.2 Digital Thread Market Restraints
- 11.3 Digital Thread Trends Analysis
- 11.4 Porters Five Forces Analysis
- 11.4.1 Threat of New Entrants
- 11.4.2 Bargaining Power of Suppliers
- 11.4.3 Bargaining Power of Buyers
- 11.4.4 Threat of Substitutes
- 11.4.5 Competitive Rivalry
- 11.5 Influence of COVID-19 and Russia-Ukraine War
- 11.5.1 Influence of COVID-19
- 11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
- 12.1 Digital Thread Industry Chain
- 12.2 Digital Thread Upstream Analysis
- 12.3 Digital Thread Midstream Analysis
- 12.4 Digital Thread Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
- 14.1 Methodology
- 14.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Digital Thread . Industry analysis & Market Report on Digital Thread is a syndicated market report, published as Global Digital Thread Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Digital Thread market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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