Digital Thread Market Is Expected to Reach 2230 Million US$ by the End of 2025

Digital Thread Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.

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Los Angeles, CA -- (SBWire) -- 04/17/2019 --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.

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 Systèmes, 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 2018, 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% between 2019 and 2025.

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This report studies the Digital Thread market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

This report focuses on the global top players, covered

General Electric

PTC

Siemens

Dassault Systèmes

IBM Corporation

ANSYS

Microsoft Corporation

Oracle Corporation

Market segment by Regions/Countries, this report covers

North America

Europe

China

Rest of Asia Pacific

Central & South America

Middle East & Africa

Market segment by Type, the product can be split into

Parts Type

System Type

Market segment by Application, the market can be split into

Aerospace & Defense

Automotive & Transportation

Machine Manufacturing

Energy & Utilities

Others

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