Digital Twin Market Size worth $110.1 billion by 2028, at a CAGR of 61.3%

Sheetal2308 Jul, 2025Technology

The report "Digital Twin Market Size by Application(Predictive Maintenance, Business Optimization, Performance Monitoring, Inventory Management), Industry(Automotive & Transportation, Healthcare, Energy & Utilities), Enterprise and Geography - Global Forecast to 2028" The global digital twin market size is projected to grow from USD 10.1 billion in 2023 to USD 110.1 billion by 2028 at a CAGR of 61.3% during the forecast period. The key factors fueling the growth of this market include the rising emphasis on digital twins in manufacturing industries to reduce cost and improve supply chain operations and the increasing demand for digital twins from the healthcare industry.

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