Digital Twin Market Size, Share, Growth, Analysis, Forecast.
The Global Digital Twin Market Size is expected to reach USD 140.76 billion by 2032, at a CAGR of 27.29% during the forecast period 2022 to 2032. Digital twins in the Industry 4.0 paradigm encompass the use of artificial intelligence (AI), big data, machine learning (ML), and the growing popularity of the Internet of Things (IoT) and are primarily used in the industrial Internet of Things (IIoT), the field of engineering, and manufacturing-related environments.