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Digital Thread Market by Technology (PLM, SLM, CAD, MES, IoT, ERP, Edge Computing, Digital Twin, ALM, SCADA), Module (Data Collection, Data Management & Integration), Deployment, Application, Vertical, Region - Global Forecast to 2030

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    Report

  • 265 Pages
  • September 2024
  • Region: Global
  • Markets and Markets
  • ID: 6007573
The increasing demand for real-time data analytics, automation, digitization, asset performance optimization, and predictive maintenance is driving the digital thread market, which is expected to grow from USD 11.42 billion in 2024 to USD 36.81 billion by 2030, with a 21.5% CAGR during this period. Advancements in IoT, AI, and cloud computing, the emergence of Industry 4.0 and smart manufacturing, and the demand for increased PLM are all key drivers of this expansion. Furthermore, regulatory compliance, the demand for customization, sustainability considerations, and the complexities of global supply chains are major drivers in the industry.

Edge computing segment is expected to grow with highest CAGR during forecast period

Edge computing is a networking technology that moves data storage and computing closer to the source of data. Edge computing technology segment in digital thread market is expected to grow with highest CAGR during forecast period. Edge computing uses digital threads to process data in real time. It combines data from edge devices into centralized systems, allowing for localized decision-making. It improves predictive maintenance, bandwidth optimization, and data security. By doing so, the digital thread with edge computing reduces latency and simplifies compliance, ensuring the system's overall efficiency for responsive and intelligent operations in remote environments.

Automotive segment holds the largest market share of digital thread market in 2023

The automotive industry holds the largest share in digital thread market, as it requires the management of very complex manufacturing processes with extended supply chains and tight regulatory compliance. With digital threads, fully integrated data across a vehicle's lifecycle-from design and production onwards-fosters innovation, personalization, and efficiency. This also enables the industries to meet the standards of safety requirements, efficient supply chains, and cost economy; thus, digital threads are indispensable for automotive processes.

Cloud-based digital thread segment is expected to grow with highest CAGR during the forecast period

The digital thread market is segmented into two deployment types such as on-presmises and cloud-based. The cloud-based digital thread category is predicted to develop at the highest CAGR due to its scalability, cost-effectiveness, and flexibility. Cloud solutions include real-time data processing and integration, remote access and collaboration, and powerful analytics and AI tools. These advantages encourage the spread of cloud-based digital threads because they offer a more adaptive and cost-effective solution to managing and optimizing complicated data across industries. These advantages encourage the spread of cloud-based digital threads because they offer a more adaptive and cost-effective solution to managing and optimizing complicated data across industries.

The US in holds the largest market share of digital thread market in 2023.

North America comprises the US, Canada, and Mexico. Of these, the US captures the maximum market share of North America. The US is expected to contribute significantly to market growth due to the enhanced adoption of technology and product development. Being a global leader in innovation, particularly in precision engineering and manufacturing, the digital thread market of the United States is on a surge.

The growth of the market in US is also attributed to presence of prominent market players such as PTC (US), IBM (US), Rockwell Automation (US), Autodesk, Inc. (US), Oracle (US), General Electric (US).

The break-up of the profiles of primary participants:

  • By Company Type - Tier 1 - 40%, Tier 2 - 35%, and Tier 3 - 25%
  • By Designation - C-level Executives - 48%, Directors - 33%, and Others - 19%
  • By Region - North America - 35%, Europe - 18%, Asia Pacific - 40%, and Rest of the World - 7%
Major players in the digital thread market include The report profiles key players such PTC (US), IBM (US), Siemens (Germany), Dassault Systemes (France), Rockwell Automation (US), Autodesk, Inc. (US), Oracle (US), AVEVA Group Limited (UK), SAP (Germany), General Electric (US), Accenture (Ireland), and others.

Research Coverage

The report segments the digital thread l market by Of technology, module, deployment, application, vertical and Region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.

Reasons to buy the report:

The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall digital thread market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of critical drivers (Growing Demand for Real-Time Data Analytics, Growing emphasis on automation and digitization, Increasing demand for asset performance optimization and predictive maintenance.), restraints (Data Silos and Heterogeneity, Cyber security and Data Privacy Concern), opportunities (Building Digital Threads with Enterprise Integration Platform as a Service (PaaS), Advancements in Artificial Intelligence (AI) and Machine Learning), challenges (Complexity and Cost of Implementation, Unplanned downtime due to malfunctioning or failure of valves) influencing the growth of the digital thread market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the digital thread market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the digital thread market across various regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the digital thread market.
  • Competitive Assessment: such PTC (US), IBM (US), Siemens (Germany), Dassault Systemes (France), Rockwell Automation (US), Autodesk, Inc. (US), Oracle (US), AVEVA Group Limited (UK), SAP (Germany), General Electric (US), Accenture (Ireland) and others.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered and Regional Scope
1.3.2 Inclusions and Exclusions
1.3.3 Years Considered
1.4 Currency Considered
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Key Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 List of Key Interview Participants
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data from Primary Sources
2.1.2.4 Key Industry Insights
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach to Estimate Market Size Using Bottom-Up Analysis
2.2.2 Top-Down Approach
2.2.2.1 Approach to Estimate Market Size Using Top-Down Analysis
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Risk Analysis
2.6 Research Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities for Players in Digital Thread Market
4.2 Digital Thread Market, by Deployment
4.3 Digital Thread Market, by Module
4.4 Digital Thread Market, by Application
4.5 Digital Thread Market, by Technology
4.6 Digital Thread Market, by End-use Industry
4.7 Digital Thread Market, by Region
4.8 Digital Thread Market, by Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Real-Time Data Analytics
5.2.1.2 Rising Emphasis on Automation and Digitization
5.2.1.3 Increasing Demand for Asset Performance Optimization and Predictive Maintenance
5.2.2 Restraints
5.2.2.1 Data Silos and Heterogeneity Issues
5.2.2.2 Cyber Security and Data Privacy Concerns
5.2.3 Opportunities
5.2.3.1 Building Digital Threads with Enterprise Ipaas
5.2.3.2 Advancements in AI and ML
5.2.4 Challenges
5.2.4.1 High Cost of Implementation
5.2.4.2 Lack of Standardization
5.3 Supply Chain Analysis
5.4 Ecosystem Analysis
5.5 Investment and Funding Scenario
5.6 Pricing Analysis
5.6.1 Average Selling Price Trend of Plm Offered by Key Players
5.6.2 Indicative Pricing Trend, by Technology
5.7 Trends/Disruptions Impacting Customer Business
5.8 Porter's Five Forces Analysis
5.8.1 Threat of New Entrants
5.8.2 Threat of Substitutes
5.8.3 Bargaining Power of Suppliers
5.8.4 Bargaining Power of Buyers
5.8.5 Intensity of Competitive Rivalry
5.9 Key Stakeholders and Buying Criteria
5.9.1 Key Stakeholders in Buying Process
5.9.2 Buying Criteria
5.10 Case Study Analysis
5.10.1 Polaris Leveraged Ptc's Windchill Enterprise Plm Solution That Optimized Costs
5.10.2 Celli Group Implemented Digital Thread Using Ptc Product Suite That Integrated and Synchronized Data Across Product Lifecycle
5.10.3 Kirloskar Collaborated with Ptc to Develop Digital Thread That Improved and Expedited Customer Service
5.11 Technology Analysis
5.11.1 Key Technologies
5.11.1.1 Industrial Cybersecurity
5.11.2 Complementary Technologies
5.11.2.1 Blockchain
5.11.3 Adjacent Technologies
5.11.3.1 AR and VR
5.12 Trade Analysis
5.12.1 Import Data (HS Code 851769)
5.12.2 Export Data (HS Code 851769)
5.13 Patent Analysis
5.14 Key Conferences and Events, 2024-2025
5.15 Regulatory Landscape
5.15.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.15.2 Standards
5.16 Impact of AI/Generative AI on Digital Thread Market
5.16.1 Introduction
5.16.2 Case Study
5.16.3 Future of AI/Generative AI in Digital Thread Market
6 Digital Thread Market, by Technology
6.1 Introduction
6.2 Plm
6.2.1 Rising Shift Toward Cloud-based Solutions to Offer Lucrative Growth Opportunities
6.3 Apm
6.3.1 Integration of IoT to Obtain Real-Time Insights to Boost Demand
6.4 Cad
6.4.1 Increasing Adoption in Manufacturing and Aerospace Industries to Drive Market
6.5 Cam
6.5.1 Growing Adoption of Cnc Machining to Accelerate Demand
6.6 Slm
6.6.1 Surging Demand for Personalized Services to Drive Market
6.7 Alm
6.7.1 Integration with Devops to Automate Workflows to Fuel Market Growth
6.8 Mrp
6.8.1 Adoption of Advanced Analytics and AI to Accelerate Demand
6.9 Erp
6.9.1 Growing Need to Reduce Manual Efforts to Boost Demand
6.10 Mes
6.10.1 Rising Adoption of Smart Manufacturing to Drive Market
6.11 Edge Computing
6.11.1 Decreased Latency and Improved Security to Spur Demand
6.12 Industrial Sensors
6.12.1 Growing Adoption in Manufacturing, Energy, Healthcare Industries to Fuel Market Growth
6.13 Scada
6.13.1 Increasing Need to Monitor Complex Systems in Industrial Plants to Boost Demand
6.14 Industrial Communication
6.14.1 Assistance in Decision-Making and Process Optimization to Drive Market
7 Digital Thread Market, by Module
7.1 Introduction
7.2 Data Collection
7.2.1 Increasing Demand for Unified and Real-Time Flow of Information to Drive Market
7.3 Data Management & Integration
7.3.1 Rising Demand for Well-Structured Data Collection to Fuel Market Growth
7.4 Connectivity & Interoperability
7.4.1 Ability to Offer Seamless Communication and Data Exchange Between Platforms and Devices to Drive Market
7.5 Analytics & Visualization
7.5.1 Enhanced Decision-Making and Improved Operational Efficiency to Offer Lucrative Growth Opportunities
8 Digital Thread Market, by Deployment
8.1 Introduction
8.2 On-Premises
8.2.1 Pressing Need to Secure Data to Drive Market
8.3 Cloud-based
8.3.1 Growing Need to Reduce Upfront Investment in IT Infrastructure to Spur Demand
9 Digital Thread Market, by Application
9.1 Introduction
9.2 Design & Engineering
9.2.1 Reduced Need for Physical Prototypes to Boost Demand
9.3 Manufacturing
9.3.1 Increasing Demand to Address Complexities of Manufacturing Processes to Fuel Market Growth
9.4 Distribution
9.4.1 Ability to Offer Real-Time Product Tracking to Accelerate Demand
9.5 Customer Support
9.5.1 Growing Focus on Enhancing Real-Time Performance to Boost Demand
9.6 Maintenance & Services
9.6.1 Rising Emphasis on Boosting Asset Management and Service Operations to Spur Demand
10 Digital Thread Market, by End-use Industry
10.1 Introduction
10.2 Automotive
10.2.1 Ability to Facilitate Real-Time Collaboration to Drive Market
10.3 Aerospace
10.3.1 Adoption of Big Data and IoT to Offer Lucrative Growth Opportunities
10.4 Energy & Power
10.4.1 Integration of IoT, AI, and Predictive Analytics for Enhanced Asset Management to Fuel Market Growth
10.5 Pharmaceuticals
10.5.1 Improved Decision-Making and Operational Efficiency to Drive Market
10.6 Medical Devices
10.6.1 Enhanced Patient Care and Device Performance to Fuel Market Growth
10.7 Oil & Gas
10.7.1 Rising Emphasis on Digital Transformation to Drive Market
10.8 Consumer Goods
10.8.1 Increasing Focus on Offering Personalized Experiences to Boost Demand
10.9 Electronics & Semiconductors
10.9.1 Growing Demand for Accurate Product Development to Drive Market
10.10 Heavy Machinery
10.10.1 Improved Visibility and Traceability to Fuel Market Growth
10.11 Chemicals
10.11.1 Reduced Waste and Downtime to Spur Demand
10.12 Food & Beverages
10.12.1 Adoption of Cloud-based Management Platforms to Fuel Market Growth
10.13 Others
11 Digital Thread Market, by Region
11.1 Introduction
11.2 North America
11.2.1 Macroeconomic Outlook for North America
11.2.2 US
11.2.2.1 Growing Adoption in Aerospace and Defense Sectors to Drive Market
11.2.3 Canada
11.2.3.1 Government-Led Initiatives to Boost Digitalization in Manufacturing Industry to Spur Demand
11.2.4 Mexico
11.2.4.1 Rising Automation in Manufacturing Sector to Fuel Market Growth
11.3 Europe
11.3.1 Macroeconomic Outlook for Europe
11.3.2 UK
11.3.2.1 Adoption of Innovative Manufacturing Initiatives to Accelerate Demand
11.3.3 Germany
11.3.3.1 Thriving Automotive and Machinery Sectors to Spur Demand
11.3.4 France
11.3.4.1 Rising Emphasis on Developing Next-Generation Digital Factories to Offer Lucrative Growth Opportunities
11.3.5 Rest of Europe
11.4 Asia-Pacific
11.4.1 Macroeconomic Outlook for Asia-Pacific
11.4.2 China
11.4.2.1 Increasing Focus on Smart Manufacturing Projects to Boost Demand
11.4.3 Japan
11.4.3.1 Growing Emphasis on Modernizing Manufacturing Infrastructure to Drive Market
11.4.4 South Korea
11.4.4.1 Integration of Digital Technologies with Intelligent Manufacturing Processes to Fuel Market Growth
11.4.5 India
11.4.5.1 Rising Demand for Real-Time Monitoring and Reduced Manufacturing Costs to Drive Market
11.4.6 Rest of Asia-Pacific
11.5 RoW
11.5.1 Macroeconomic Outlook for RoW
11.5.2 Middle East
11.5.2.1 Increasing Partnerships Among Industry Vendors and Process Licensors to Boost Demand
11.5.2.2 GCC Countries
11.5.2.3 Rest of Middle East
11.5.3 Africa
11.5.3.1 Rising Investments in Industrial Automation and Digital Transformation to Offer Lucrative Growth Opportunities
11.5.4 South America
11.5.4.1 Growing Number of Smart Factories to Fuel Market Growth
12 Competitive Landscape
12.1 Overview
12.2 Key Player Strategies/Right to Win, 2022-2024
12.3 Revenue Analysis, 2019-2023
12.4 Market Share Analysis, 2023
12.5 Company Valuation and Financial Metrics
12.6 Brand/Product Comparison
12.7 Company Evaluation Matrix: Key Players, 2023
12.7.1 Stars
12.7.2 Emerging Leaders
12.7.3 Pervasive Players
12.7.4 Participants
12.7.5 Company Footprint: Key Players, 2023
12.7.5.1 Company Footprint
12.7.5.2 Deployment Footprint
12.7.5.3 Technology Footprint
12.7.5.4 End-use Industry Footprint
12.7.5.5 Region Footprint
12.8 Company Evaluation Matrix: Startups/SMEs, 2023
12.8.1 Progressive Companies
12.8.2 Responsive Companies
12.8.3 Dynamic Companies
12.8.4 Starting Blocks
12.8.5 Competitive Benchmarking: Startups/SMEs, 2023
12.8.5.1 Detailed List of Key Startups/SMEs
12.8.5.2 Competitive Benchmarking of Key Startups/SMEs
12.9 Competitive Scenario
12.9.1 Product Launches
12.9.2 Deals
13 Company Profiles
13.1 Key Players
13.1.1 Siemens
13.1.1.1 Business Overview
13.1.1.2 Products/Solutions/Services Offered
13.1.1.3 Recent Developments
13.1.1.3.1 Product Launches
13.1.1.3.2 Deals
13.1.1.4 Analyst's View
13.1.1.4.1 Key Strengths/Right to Win
13.1.1.4.2 Strategic Choices
13.1.1.4.3 Weaknesses/Competitive Threats
13.1.2 Ptc
13.1.2.1 Business Overview
13.1.2.2 Products/Solutions/Services Offered
13.1.2.3 Recent Developments
13.1.2.3.1 Deals
13.1.2.4 Analyst's View
13.1.2.4.1 Key Strengths/Right to Win
13.1.2.4.2 Strategic Choices
13.1.2.4.3 Weaknesses/Competitive Threats
13.1.3 Dassault Systèmes
13.1.3.1 Business Overview
13.1.3.2 Products/Solutions/Services Offered
13.1.3.3 Recent Developments
13.1.3.3.1 Deals
13.1.3.4 Analyst's View
13.1.3.4.1 Key Strengths/Right to Win
13.1.3.4.2 Strategic Choices
13.1.3.4.3 Weaknesses/Competitive Threats
13.1.4 IBM
13.1.4.1 Business Overview
13.1.4.2 Products/Solutions/Services Offered
13.1.4.3 Recent Developments
13.1.4.3.1 Deals
13.1.4.4 Analyst's View
13.1.4.4.1 Key Strengths/Right to Win
13.1.4.4.2 Strategic Choices
13.1.4.4.3 Weaknesses/Competitive Threats
13.1.5 SAP
13.1.5.1 Business Overview
13.1.5.2 Products/Solutions/Services Offered
13.1.5.3 Recent Developments
13.1.5.3.1 Product Launches
13.1.5.3.2 Deals
13.1.5.4 Analyst's View
13.1.5.4.1 Key Strengths/Right to Win
13.1.5.4.2 Strategic Choices
13.1.5.4.3 Weaknesses/Competitive Threats
13.1.6 Rockwell Automation
13.1.6.1 Business Overview
13.1.6.2 Products/Solutions/Services Offered
13.1.6.3 Recent Developments
13.1.6.3.1 Deals
13.1.7 Autodesk Inc.
13.1.7.1 Business Overview
13.1.7.2 Products/Solutions/Services Offered
13.1.7.3 Recent Developments
13.1.7.3.1 Product Launches
13.1.7.3.2 Deals
13.1.8 Oracle
13.1.8.1 Business Overview
13.1.8.2 Products/Solutions/Services Offered
13.1.8.3 Recent Developments
13.1.8.3.1 Product Launches
13.1.9 Aveva Group Limited
13.1.9.1 Business Overview
13.1.9.2 Products/Solutions/Services Offered
13.1.9.3 Recent Developments
13.1.9.3.1 Product Launches
13.1.10 General Electric Company
13.1.10.1 Business Overview
13.1.10.2 Products/Solutions/Services Offered
13.1.10.3 Recent Developments
13.1.10.3.1 Deals
13.2 Other Players
13.2.1 Accenture
13.2.2 Ansys, Inc.
13.2.3 Tata Consultancy Services Limited
13.2.4 Hexagon Ab
13.2.5 Cognizant
13.2.6 Dxc Technology Company
13.2.7 Bosch Global Software Technologies Private Limited
13.2.8 Bentley Systemes, Incorporated
13.2.9 Matterport Inc.
13.2.10 Hitachi Vantara LLC
13.2.11 Prostep Inc
13.2.12 Aras
13.2.13 Altair Engineering Inc.
13.2.14 Razorleaf
13.2.15 Capgemini
14 Adjacent Market
14.1 Digital Twin Market, by Enterprise
14.1.1 Introduction
14.1.2 Large Enterprises
14.1.2.1 Adoption of Blockchain Technology in Healthcare and Oil & Gas Industries to Spur Demand
14.1.3 Small & Medium Enterprises
14.1.3.1 Improved Inventory Management and Quick Access to Real-Time Data to Fuel Market Growth
15 Appendix
15.1 Insights from Industry Experts
15.2 Discussion Guide
15.3 Knowledgestore: The Subscription Portal
15.4 Customization Options
List of Tables
Table 1 Roles of Companies in Digital Thread Ecosystem
Table 2 Average Selling Price Trend of Plm Offered by Key Players, By Region (USD)
Table 3 Indicative Pricing Trend, by Technology (USD)
Table 4 Digital Thread Market: Porter's Five Forces Analysis
Table 5 Influence of Key Stakeholders on Buying Process for Top Three End-use Industries (%)
Table 6 Key Buying Criteria for Top Three End-use Industries
Table 7 Import Data for HS Code 851769-Compliant Products, by Country, 2019-2023 (USD Million)
Table 8 Export Data for HS Code 851769-Compliant Products, by Country, 2019-2023 (USD Million)
Table 9 List of Applied/Granted Patents Related to Digital Thread Market, 2022-2023
Table 10 Digital Thread Market: List of Conferences and Events, 2024-2025
Table 11 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 RoW: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Digital Thread Market: Standards
Table 16 Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 17 Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 18 Plm: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 19 Plm: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 20 Apm: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 21 Apm: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 22 Cad: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 23 Cad: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 24 Cam: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 25 Cam: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 26 Slm: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 27 Slm: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 28 Alm: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 29 Alm: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 30 Mrp: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 31 Mrp: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 32 Erp: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 33 Erp: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 34 Mes: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 35 Mes: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 36 Edge Computing: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 37 Edge Computing: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 38 Industrial Sensors: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 39 Industrial Sensors: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 40 Scada: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 41 Scada: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 42 Industrial Communication: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 43 Industrial Communication: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 44 Digital Thread Market, by Module, 2022-2023 (USD Million)
Table 45 Digital Thread Market, by Module, 2024-2030 (USD Million)
Table 46 Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 47 Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 48 On-Premises: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 49 On-Premises: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 50 Cloud-based: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 51 Cloud-based: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 52 Digital Thread Market, by Application, 2022-2023 (USD Million)
Table 53 Digital Thread Market, by Application, 2024-2030 (USD Million)
Table 54 Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 55 Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 56 Automotive: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 57 Automotive: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 58 Automotive: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 59 Automotive: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 60 Automotive: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 61 Automotive: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 62 Aerospace: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 63 Aerospace: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 64 Aerospace: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 65 Aerospace: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 66 Aerospace: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 67 Aerospace: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 68 Energy & Power: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 69 Energy & Power: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 70 Energy & Power: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 71 Energy & Power: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 72 Energy & Power: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 73 Energy & Power: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 74 Pharmaceuticals: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 75 Pharmaceuticals: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 76 Pharmaceuticals: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 77 Pharmaceuticals: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 78 Pharmaceuticals: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 79 Pharmaceuticals: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 80 Medical Devices: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 81 Medical Devices: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 82 Medical Devices: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 83 Medical Devices: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 84 Medical Devices: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 85 Medical Devices: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 86 Oil & Gas: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 87 Oil & Gas: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 88 Oil & Gas: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 89 Oil & Gas: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 90 Oil & Gas: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 91 Oil & Gas: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 92 Consumer Goods: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 93 Consumer Goods: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 94 Consumer Goods: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 95 Consumer Goods: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 96 Consumer Goods: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 97 Consumer Goods: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 98 Electronics & Semiconductors: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 99 Electronics & Semiconductors: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 100 Electronics & Semiconductors: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 101 Electronics & Semiconductors: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 102 Electronics & Semiconductors: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 103 Electronics & Semiconductors: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 104 Heavy Machinery: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 105 Heavy Machinery: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 106 Heavy Machinery: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 107 Heavy Machinery: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 108 Heavy Machinery: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 109 Heavy Machinery: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 110 Chemicals: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 111 Chemicals: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 112 Chemicals: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 113 Chemicals: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 114 Chemicals: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 115 Chemicals: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 116 Food & Beverages: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 117 Food & Beverages: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 118 Food & Beverages: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 119 Food & Beverages: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 120 Food & Beverages: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 121 Food & Beverages: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 122 Others: Digital Thread Market, by Technology, 2022-2023 (USD Million)
Table 123 Others: Digital Thread Market, by Technology, 2024-2030 (USD Million)
Table 124 Others: Digital Thread Market, by Deployment, 2022-2023 (USD Million)
Table 125 Others: Digital Thread Market, by Deployment, 2024-2030 (USD Million)
Table 126 Others: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 127 Others: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 128 Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 129 Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 130 North America: Digital Thread Market, by Country, 2022-2023 (USD Million)
Table 131 North America: Digital Thread Market, by Country, 2024-2030 (USD Million)
Table 132 North America: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 133 North America: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 134 Europe: Digital Thread Market, by Country, 2022-2023 (USD Million)
Table 135 Europe: Digital Thread Market, by Country, 2024-2030 (USD Million)
Table 136 Europe: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 137 Europe: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 138 Asia-Pacific: Digital Thread Market, by Country, 2022-2023 (USD Million)
Table 139 Asia-Pacific: Digital Thread Market, by Country, 2024-2030 (USD Million)
Table 140 Asia-Pacific: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 141 Asia-Pacific: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 142 RoW: Digital Thread Market, by Region, 2022-2023 (USD Million)
Table 143 RoW: Digital Thread Market, by Region, 2024-2030 (USD Million)
Table 144 Middle East: Digital Thread Market, by Country, 2022-2023 (USD Million)
Table 145 Middle East: Digital Thread Market, by Country, 2024-2030 (USD Million)
Table 146 RoW: Digital Thread Market, by End-use Industry, 2022-2023 (USD Million)
Table 147 RoW: Digital Thread Market, by End-use Industry, 2024-2030 (USD Million)
Table 148 Key Player Strategies/Right to Win, 2022-2024
Table 149 Digital Thread Market: Degree of Competition, 2023
Table 150 Digital Thread Market: Deployment Footprint
Table 151 Digital Thread Market: Technology Footprint
Table 152 Digital Thread Market: End-use Industry Footprint
Table 153 Digital Thread Market: Region Footprint
Table 154 Digital Thread Market: Detailed List of Key Startups/SMEs
Table 155 Digital Thread Market: Competitive Benchmarking Of Key Startups/SMEs, 2023
Table 156 Digital Thread Market: Product Launches, January 2022-August 2024
Table 157 Digital Thread Market: Deals, January 2022-August 2024
Table 158 Siemens: Company Overview
Table 159 Siemens: Products/Solutions/Services Offered
Table 160 Siemens: Product Launches
Table 161 Siemens: Deals
Table 162 Ptc: Company Overview
Table 163 Ptc: Products/Solutions/Services Offered
Table 164 Ptc: Deals
Table 165 Dassault Systèmes: Company Overview
Table 166 Dassault Systèmes: Products/Solutions/Services Offered
Table 167 Dassault Systèmes: Deals
Table 168 IBM: Company Overview
Table 169 IBM: Products/Solutions/Services Offered
Table 170 IBM: Deals
Table 171 SAP: Company Overview
Table 172 SAP: Products/Solutions/Services Offered
Table 173 SAP: Product Launches
Table 174 SAP: Deals
Table 175 Rockwell Automation: Company Overview
Table 176 Rockwell Automation: Products/Solutions/Services Offered
Table 177 Rockwell Automation: Deals
Table 178 Autodesk Inc.: Company Overview
Table 179 Autodesk Inc.: Products/Solutions/Services Offered
Table 180 Autodesk Inc.: Product Launches
Table 181 Autodesk Inc.: Deals
Table 182 Oracle: Company Overview
Table 183 Oracle: Products/Solutions/Services Offered
Table 184 Oracle: Product Launches
Table 185 Aveva Group Limited: Company Overview
Table 186 Aveva Group Limited: Products/Solutions/Services Offered
Table 187 Aveva Group Limited: Product Launches
Table 188 General Electric Company: Company Overview
Table 189 General Electric Company: Products/Solutions/Services Offered
Table 190 General Electric Company: Deals
Table 191 Accenture: Company Overview
Table 192 Ansys, Inc.: Company Overview
Table 193 Tata Consultancy Services Limited: Company Overview
Table 194 Hexagon Ab: Company Overview
Table 195 Cognizant: Company Overview
Table 196 Dxc Technology Company: Company Overview
Table 197 Bosch Global Software Technologies Private Limited: Company Overview
Table 198 Bently Systemes, Incorporated: Company Overview
Table 199 Matterport Inc.: Company Overview
Table 200 Hitachi Vantara LLC: Company Overview
Table 201 Prostep Inc.: Company Overview
Table 202 Aras: Company Overview
Table 203 Altair Engineering Inc.: Company Overview
Table 204 Razorleaf: Company Overview
Table 205 Capgemini: Company Overview
Table 206 Digital Twin Market, by Enterprise, 2019-2022 (USD Million)
Table 207 Digital Twin Market, by Enterprise, 2023-2028 (USD Million)
Table 208 Large Enterprises: Digital Twin Market, by Region, 2019-2022 (USD Million)
Table 209 Large Enterprises: Digital Twin Market, by Region, 2023-2028 (USD Million)
Table 210 Small & Medium Enterprises: Digital Twin Market, by Region, 2019-2022 (USD Million)
Table 211 Small & Medium Enterprises: Digital Twin Market, by Region, 2023-2028 (USD Million)
List of Figure
Figure 1 Digital Thread Market Segmentation and Regional Scope
Figure 2 Digital Thread Market: Research Design
Figure 3 Digital Thread Market: Bottom-Up Approach
Figure 4 Digital Thread Market: Top-Down Approach
Figure 5 Market Size Estimation Methodology (Supply Side): Revenue Generated by Digital Thread Providers
Figure 6 Data Triangulation
Figure 7 Cloud-based Segment to Hold Largest Market Share During Forecast Period
Figure 8 Analytics & Visualization Segment to Dominate Market in 2030
Figure 9 Design & Engineering Segment to Lead Market in 2024
Figure 10 Edge Computing Segment to Exhibit Highest CAGR During Forecast Period
Figure 11 Automotive Segment to Dominate Market in 2030
Figure 12 North America Claimed Largest Market Share in 2023
Figure 13 Expanding Pharmaceutical Industry to Offer Lucrative Growth Opportunities
Figure 14 Cloud-based Deployment Segment to Record Highest CAGR During Forecast Period
Figure 15 Analytics & Visualization Segment to Exhibit Highest CAGR During Forecast Period
Figure 16 Design & Engineering to Grow at Highest CAGR During Forecast Period
Figure 17 Plm Technology to Dominate Market During Forecast Period
Figure 18 Pharmaceuticals Segment to Witness Highest CAGR During Forecast Period
Figure 19 North America to Secure Largest Market Share in 2024
Figure 20 India to Record Highest CAGR During Forecast Period
Figure 21 Digital Thread Market: Drivers, Restraints, Opportunities, and Challenges
Figure 22 Digital Thread Market: Impact Analysis of Drivers
Figure 23 Digital Thread Market: Impact Analysis of Restraints
Figure 24 Digital Thread Market: Impact Analysis of Opportunities
Figure 25 Digital Thread Market: Impact Analysis of Challenges
Figure 26 Digital Thread Market: Supply Chain Analysis
Figure 27 Digital Thread Market: Ecosystem Analysis
Figure 28 Investment and Funding Scenario
Figure 29 Average Selling Price Trend of Plm Offered by Key Players, by Region
Figure 30 Average Selling Price Trend of Plm, by Region, 2019-2023
Figure 31 Trends/Disruptions Impacting Customer Business
Figure 32 Digital Thread Market: Porter's Five Forces Analysis
Figure 33 Influence of Stakeholders on Buying Process For Top Three End-use Industries
Figure 34 Buying Criteria for Top Three End-use Industries
Figure 35 Import Data for HS Code 851769-Compliant Products, by Country, 2019-2023 (USD Million)
Figure 36 Export Data for HS Code 851769-Compliant Products, by Country, 2019-2023 (USD Million)
Figure 37 Patents Applied and Granted, 2014-2023
Figure 38 Digital Thread Use Cases in AI/Generative AI
Figure 39 Impact of AI/Generative AI on Digital Thread Market
Figure 40 Edge Computing Segment to Register Highest CAGR During Forecast Period
Figure 41 Analytics & Visualization Segment to Dominate Market in 2030
Figure 42 Digital Thread Market, by Deployment
Figure 43 Cloud-based Segment to Record Higher CAGR During Forecast Period
Figure 44 Design & Engineering Segment to Exhibit Highest CAGR During Forecast Period
Figure 45 Digital Thread Market, by End-use Industry
Figure 46 Plm to Dominate Market in 2030
Figure 47 Digital Thread Market, by Region
Figure 48 Asia-Pacific to Grow at Highest CAGR During Forecast Period
Figure 49 North America: Digital Thread Market Snapshot
Figure 50 Europe: Digital Thread Market Snapshot
Figure 51 Asia-Pacific: Digital Thread Market Snapshot
Figure 52 Middle East to Account for Largest Market Share in 2030
Figure 53 Digital Thread Market: Revenue Analysis of Key Players, 2019-2023
Figure 54 Market Share Analysis of Digital Thread Providers, 2023
Figure 55 Company Valuation, 2024
Figure 56 Financial Metrics
Figure 57 Digital Market Thread: Brand/Product Comparison
Figure 58 Digital Thread Market: Company Evaluation Matrix (Key Players), 2023
Figure 59 Digital Thread Market: Company Footprint
Figure 60 Digital Thread Market: Company Evaluation Matrix (Startups/SMEs), 2023
Figure 61 Siemens: Company Snapshot
Figure 62 Ptc: Company Snapshot
Figure 63 Dassault Systèmes: Company Snapshot
Figure 64 IBM: Company Snapshot
Figure 65 SAP: Company Snapshot
Figure 66 Rockwell Automation: Company Snapshot
Figure 67 Autodesk Inc.: Company Snapshot
Figure 68 Oracle: Company Snapshot
Figure 69 General Electric Company: Company Snapshot
Figure 70 Digital Twin Market, by Enterprise
Figure 71 Small & Medium Enterprises to Grow at Higher CAGR During Forecast Period

Companies Mentioned

  • Siemens
  • Ptc
  • Dassault Systèmes
  • IBM
  • SAP
  • Rockwell Automation
  • Autodesk Inc.
  • Oracle
  • Aveva Group Limited
  • General Electric Company
  • Accenture
  • Ansys, Inc.
  • Tata Consultancy Services Limited
  • Hexagon Ab
  • Cognizant
  • Dxc Technology Company
  • Bosch Global Software Technologies Private Limited
  • Bentley Systemes, Incorporated
  • Matterport Inc.
  • Hitachi Vantara LLC
  • Prostep Inc
  • Aras
  • Altair Engineering Inc.
  • Razorleaf
  • Capgemini

Table Information