November 06, 2018: This report focuses on the global Digital Thread status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Digital Thread development in United States, Europe and China.
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."
Digital Thread can be classified to parts type and system type, parts type players are like Siemens and IBM, system players are like GE.
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Digital Thread is first used for Aerospace & Defense, but it can be used for Automotive & Transportation, Machine Manufacturing, Energy & Utilities, and Other industry. And Automotive & Transportation, Machine Manufacturing, Energy & Utilities are the widest area which took up about 85% of the global total in 2017.
GE, PTC, Siemens, Dassault Systemes, IBM and Oracle are the key suppliers in the global Digital Thread market. Top 3 took up above 70% of the global market in 2017.
In 2017, the global Digital Thread market size was 100 million US$ and it is expected to reach 2230 million US$ by the end of 2025, with a CAGR of 47.6% during 2018-2025.
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The key players covered in this study
- General Electric
- PTC
- Siemens
- Dassault Systemes
- IBM Corporation
- ANSYS
- Microsoft Corporation
- Oracle Corporation
Market segment by Type, the product can be split into
- Parts Type
- System Type
Market segment by Application, split into
- Aerospace & Defense
- Automotive & Transportation
- Machine Manufacturing
- Energy & Utilities
- Others
Market segment by Regions/Countries, this report covers
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South America
The study objectives of this report are:
- To analyze global Digital Thread status, future forecast, growth opportunity, key market and key players.
- To present the Digital Thread development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Digital Thread are as follows:
- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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