Pune, India -- (SBWIRE) -- 04/11/2019 -- Digital Thread Market Reseach Report (2019-2024)

MRV has published a report based on the Digital Thread industry. The key objective of this report is to highlight various trends and dynamics, new and innovative technology and mergers and acquisitions that are expected to make a positive impact on the overall industry. Then, the report provides a comprehensive analysis of the Digital Thread industry and has shared complete information about its various features.

While studying the worldwide markets for Digital Thread industry, The report also provides details analysis of the market drivers, trends and restraints to showcase the current and future market scenario. MRV has ensured to provide a full- proof report that consists of the market strategies based on advanced technologies, applications, and different regions in the globe. The markets are expected to show significant growth during the forecasted period due to an increasing demand for the Digital Thread.

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The global Digital Thread market is valued at 100 million USD in 2018 and is expected to reach 1110 million USD by the end of 2024, growing at a CAGR of 49.6% between 2019 and 2024.

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.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Digital Thread.

This report includes the profiles of key vendors in the Digital Thread market and the strategies adopted by them to sustain in the competition. recent developments and limitations of the market are expected to help new players to design their strategies in an effective manner. The study is expected to help key players to formulate and develop new strategies.

These market estimates have been examined by considering the impact of various political, social, financial, innovative, and legal factors alongside the present market dynamics influencing market development. Elements including the market status, contributions, and R&D initiatives are ascribed to the organization's capabilities. This segment likewise identifies and includes the different ongoing developments undertaken by the key participants.

The geographical analysis of the Global Market segments the worldwide market into key areas that include the continents as well as specific nations that are as of now growing in terms of their demand, volume or overall growth. Users of the report can center around these areas on the off chance that they are looking to expand their business outskirts.

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Market Segment by key players this report covers, General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation

Market Segment by Regions, regional analysis covers , North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Types , Parts Type, System Type

Market Segment by Applications, Aerospace & Defense, Automotive & Transportation, Machine Manufacturing, Energy & Utilities, Others

The content of the study subjects includes a total of 15 chapters:

Chapter 1, to describe Digital Thread product scope, market overview, market opportunities, market driving force, and market risks.

Chapter 2, to profile the top key players, with price, sales, revenue and global market shares in 2017 and 2018.

Chapter 3, the Digital Thread competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Digital Thread breakdown data are shown at the regional level, to show the sales, revenue, and growth by regions, from 2014 to 2019.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2014 to 2019.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.

Chapter 12, Digital Thread market forecast, by regions, type, and application, with sales and revenue, from 2019 to 2024.

Chapter 13, 14 and 15, to describe Digital Thread sales channel, distributors, customers, research findings and conclusion, appendix and data source.

In the end, The stages of development of the global 10 markets in terms of their geographical presence have likewise been displayed thoroughly. This data enables the emerging players to gain up-to-date information which can enable them to take exceptional business decisions.

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The Digital Thread market report could be customized according to the client's specific research requirements.