Internet of Things (IoT) Twin is a concept that extends the idea of digital twin to the network of connected devices and systems that make up the IoT. An IoT Twin is a virtual representation of an IoT entity, such as a device, a system, a process, or a service, that can communicate with its physical counterpart and other IoT Twins. An IoT Twin can simulate the current and future state and behavior of its physical counterpart, as well as collect and analyze data from it. An IoT Twin can also provide feedback and control to its physical counterpart and other IoT Twins. An IoT Twin can help optimize the performance, efficiency, and reliability of IoT entities, as well as enable new functionalities and services .
The global Internet of Things (IoT) Twin market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
This report aims to provide a comprehensive presentation of the global market for Internet of Things (IoT) Twin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Internet of Things (IoT) Twin.
Report Scope
The Internet of Things (IoT) Twin market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Internet of Things (IoT) Twin market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Internet of Things (IoT) Twin companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Âé¶¹Ô´´ Segmentation
By Company
General Electric(US)
PTC(US)
Siemens(Germany)
Dassault Systèmes(France)
IBM Corporation(US)
ANSYS(US)
Microsoft Corporation(US)
Oracle Corporation(US)
Segment by Type
Parts Type
System Type
Segment by Application
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Internet of Things (IoT) Twin companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Internet of Things (IoT) Twin Âé¶¹Ô´´ Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Parts Type
1.2.3 System Type
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Internet of Things (IoT) Twin Âé¶¹Ô´´ Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Aerospace & Defense
1.3.3 Automotive & Transportation
1.3.4 Machine Manufacturing
1.3.5 Energy & Utilities
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Internet of Things (IoT) Twin Âé¶¹Ô´´ Perspective (2019-2030)
2.2 Internet of Things (IoT) Twin Growth Trends by Region
2.2.1 Global Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 Internet of Things (IoT) Twin Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 Internet of Things (IoT) Twin Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 Internet of Things (IoT) Twin Âé¶¹Ô´´ Dynamics
2.3.1 Internet of Things (IoT) Twin Industry Trends
2.3.2 Internet of Things (IoT) Twin Âé¶¹Ô´´ Drivers
2.3.3 Internet of Things (IoT) Twin Âé¶¹Ô´´ Challenges
2.3.4 Internet of Things (IoT) Twin Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Internet of Things (IoT) Twin Players by Revenue
3.1.1 Global Top Internet of Things (IoT) Twin Players by Revenue (2019-2024)
3.1.2 Global Internet of Things (IoT) Twin Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global Internet of Things (IoT) Twin Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Internet of Things (IoT) Twin Revenue
3.4 Global Internet of Things (IoT) Twin Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Internet of Things (IoT) Twin Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Internet of Things (IoT) Twin Revenue in 2023
3.5 Internet of Things (IoT) Twin Key Players Head office and Area Served
3.6 Key Players Internet of Things (IoT) Twin Product Solution and Service
3.7 Date of Enter into Internet of Things (IoT) Twin Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Internet of Things (IoT) Twin Breakdown Data by Type
4.1 Global Internet of Things (IoT) Twin Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global Internet of Things (IoT) Twin Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 Internet of Things (IoT) Twin Breakdown Data by Application
5.1 Global Internet of Things (IoT) Twin Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global Internet of Things (IoT) Twin Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America Internet of Things (IoT) Twin Âé¶¹Ô´´ Size (2019-2030)
6.2 North America Internet of Things (IoT) Twin Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Country (2019-2024)
6.4 North America Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Internet of Things (IoT) Twin Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe Internet of Things (IoT) Twin Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Country (2019-2024)
7.4 Europe Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Internet of Things (IoT) Twin Âé¶¹Ô´´ Size (2019-2030)
8.2 Asia-Pacific Internet of Things (IoT) Twin Âé¶¹Ô´´ Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Region (2019-2024)
8.4 Asia-Pacific Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Internet of Things (IoT) Twin Âé¶¹Ô´´ Size (2019-2030)
9.2 Latin America Internet of Things (IoT) Twin Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Country (2019-2024)
9.4 Latin America Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Internet of Things (IoT) Twin Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East & Africa Internet of Things (IoT) Twin Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Country (2019-2024)
10.4 Middle East & Africa Internet of Things (IoT) Twin Âé¶¹Ô´´ Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 General Electric(US)
11.1.1 General Electric(US) Company Detail
11.1.2 General Electric(US) Business Overview
11.1.3 General Electric(US) Internet of Things (IoT) Twin Introduction
11.1.4 General Electric(US) Revenue in Internet of Things (IoT) Twin Business (2019-2024)
11.1.5 General Electric(US) Recent Development
11.2 PTC(US)
11.2.1 PTC(US) Company Detail
11.2.2 PTC(US) Business Overview
11.2.3 PTC(US) Internet of Things (IoT) Twin Introduction
11.2.4 PTC(US) Revenue in Internet of Things (IoT) Twin Business (2019-2024)
11.2.5 PTC(US) Recent Development
11.3 Siemens(Germany)
11.3.1 Siemens(Germany) Company Detail
11.3.2 Siemens(Germany) Business Overview
11.3.3 Siemens(Germany) Internet of Things (IoT) Twin Introduction
11.3.4 Siemens(Germany) Revenue in Internet of Things (IoT) Twin Business (2019-2024)
11.3.5 Siemens(Germany) Recent Development
11.4 Dassault Systèmes(France)
11.4.1 Dassault Systèmes(France) Company Detail
11.4.2 Dassault Systèmes(France) Business Overview
11.4.3 Dassault Systèmes(France) Internet of Things (IoT) Twin Introduction
11.4.4 Dassault Systèmes(France) Revenue in Internet of Things (IoT) Twin Business (2019-2024)
11.4.5 Dassault Systèmes(France) Recent Development
11.5 IBM Corporation(US)
11.5.1 IBM Corporation(US) Company Detail
11.5.2 IBM Corporation(US) Business Overview
11.5.3 IBM Corporation(US) Internet of Things (IoT) Twin Introduction
11.5.4 IBM Corporation(US) Revenue in Internet of Things (IoT) Twin Business (2019-2024)
11.5.5 IBM Corporation(US) Recent Development
11.6 ANSYS(US)
11.6.1 ANSYS(US) Company Detail
11.6.2 ANSYS(US) Business Overview
11.6.3 ANSYS(US) Internet of Things (IoT) Twin Introduction
11.6.4 ANSYS(US) Revenue in Internet of Things (IoT) Twin Business (2019-2024)
11.6.5 ANSYS(US) Recent Development
11.7 Microsoft Corporation(US)
11.7.1 Microsoft Corporation(US) Company Detail
11.7.2 Microsoft Corporation(US) Business Overview
11.7.3 Microsoft Corporation(US) Internet of Things (IoT) Twin Introduction
11.7.4 Microsoft Corporation(US) Revenue in Internet of Things (IoT) Twin Business (2019-2024)
11.7.5 Microsoft Corporation(US) Recent Development
11.8 Oracle Corporation(US)
11.8.1 Oracle Corporation(US) Company Detail
11.8.2 Oracle Corporation(US) Business Overview
11.8.3 Oracle Corporation(US) Internet of Things (IoT) Twin Introduction
11.8.4 Oracle Corporation(US) Revenue in Internet of Things (IoT) Twin Business (2019-2024)
11.8.5 Oracle Corporation(US) Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
General Electric(US)
PTC(US)
Siemens(Germany)
Dassault Systèmes(France)
IBM Corporation(US)
ANSYS(US)
Microsoft Corporation(US)
Oracle Corporation(US)
Ìý
Ìý
*If Applicable.