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% during 2019-2025.
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.
The key players covered in this study
General Electric
PTC
Siemens
Dassault Systèmes
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: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Digital Thread . Industry analysis & Market Report on Digital Thread is a syndicated market report, published as Global Digital Thread Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Digital Thread market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.