In recent year, the market for digital twin financial services and insurance is expected to grow rapidly during the forecast period. Due to help from developing technologies such as artificial intelligence (AI), big data, the internet of things (IoT), and processing power, digital twin technology has seen significant advancement in its capabilities. Machine learning, which allows the use of data to simulate and anticipate future asset conditions and performance, is advancing the technology. The growing use of digital twins in the energy sector is projected to accelerate the transition to renewable energy and pave the way for net-zero emissions.