A COMPLETE KNOWLEDGE GUIDE ON DIGITAL TWINS

The successful IoT deployments have enabled many paradigms associated with digital transformation to drive concrete business outcomes in the industry. An idea among this rapidly gaining popularity is the “digital twin.” Gartner mentioned digital twin as one of the top 10 strategic technology trends for 2017, 2018, and 2019. It says within three to five years, billions of things will be represented by digital twins.

According to marketsandmarkets, the global market size of the digital twin in 2020 was 3.1 billion USD and is expected to reach 48.2 billion USD by 2026 at a CAGR of 58%.

Digital twins provide a glimpse of what’s happening with physical assets now or what can happen in the future.

For more: https://www.leewayhertz.com/digital-twin/

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