The growth of Internet-of-Things (IoT), as well as other supporting technologies needed for Digital Twins are leading to a renewed interest in the concept of virtual representation. According to MarketsandMarkets, the Digital Twin market is expected to grow at a CAGR of 37.8% and be valued at US$35.8 billion by 2025. The market is expected to demonstrate the fastest growth rate in the Healthcare industry.
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At Parola Analytics, we analyzed the patent landscape of the Digital Twin technology to reveal the top players, top technology areas, challenges, opportunities, and startups of interest.