Global Digital Twin market is anticipated to grow at a CAGR of 32.34% during the forecast period to reach USD43,264.08 million by 2027. Anticipated growth in the market can be attributed to increasing penetration of smart technologies coupled with accelerated adoption of 5g. 5G supports a huge number of connected devices without lags and can provide longer battery life, which is expected to propel the market for smart technologies, such as digital twin in the upcoming five years. A virtualized dynamic representation that acts as the real-time digital equivalent of a physical object or process is referred to as a digital twin. It employs simulations to profile, anticipate, and optimize the performance of industrial asset using a combination of data and intelligence. Digital Twin is an important component of the Industrial Internet of Things because it enables the automated control and monitoring of industrial assets and processes, including product design, manufacturing process planning, asset performance management, business and operation optimization, and so on. Bentley Systems, Incorporated, Robert Bosch GmbH, Schneider Electric SE, http://Swim.ai, Inc., Honeywell International Inc., Rockwell Automation Inc., ABB Ltd., AVEVA Group plc, Dassault Systèmes, PTC Inc., Siemens AG, General Electric Company, Microsoft Corporation, IBM Corporation, Oracle Corporation etc. are among the major market players in the Global Digital Twin market. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=1334 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/global-digital-twin-market/1334.html