Digital Twin

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.

 

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.

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