Brazil Digital Twin Market Size & Outlook, 2023-2030
Brazil digital twin market, 2018-2030 (US$M)
Related Markets
Brazil digital twin market highlights
- The Brazil digital twin market generated a revenue of USD 246.7 million in 2023 and is expected to reach USD 1,636.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 31% from 2024 to 2030.
- In terms of segment, manufacturing was the largest revenue generating end-use in 2023.
- Agriculture is the most lucrative end-use segment registering the fastest growth during the forecast period.
Digital twin market data book summary
| Market revenue in 2023 | USD 246.7 million |
| Market revenue in 2030 | USD 1,636.4 million |
| Growth rate | 31% (CAGR from 2023 to 2030) |
| Largest segment | Manufacturing |
| Fastest growing segment | Agriculture |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manufacturing, Agriculture, Automotive & Transport, Energy & Utilities, Healthcare & Life Sciences, Residential & Commercial, Retail & Consumer Goods, Aerospace, Telecommunication |
| Key market players worldwide | ABB Ltd, Amazon.com Inc, Ansys Inc, Autodesk Inc, Schneider Electric SE, Bentley Systems Inc Ordinary Shares - Class B, Dassault Systemes SE, GE Aerospace, Hexagon AB ADR, International Business Machines Corp, Microsoft Corp, PTC, Robert Bosch Engineering & Business Solutions, Rockwell Automation Inc, SAP SE, Siemens AG |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.5% of the global digital twin market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil digital twin market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 1,332.5 million by 2030.
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Digital Twin Market Scope
Digital Twin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil digital twin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital twin market will help companies and investors design strategic landscapes.
Manufacturing was the largest segment with a revenue share of 16.66% in 2023. Horizon Databook has segmented the Brazil digital twin market based on manufacturing, agriculture, automotive & transport, energy & utilities, healthcare & life sciences, residential & commercial, retail & consumer goods, aerospace, telecommunication covering the revenue growth of each sub-segment from 2018 to 2030.
In March 2022, Matter port, the spatial data company, announced the partnership with PARS and Guandalini Posicion amento, to offer Matter port’s spatial data platform to their established clients in the Architecture, Engineering, and Construction (AEC) markets.
With Matter port’s 3D digital twin, customers across various industry verticals leverage the technology to measure, manage, and promote their properties fully online. Moreover, Smart Sky, a technology company focusing on the operations of engineering technology, will support Matter port's enterprise customers in Brazil.
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Our clientele includes a mix of digital twin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil digital twin market , including forecasts for subscribers. This country databook contains high-level insights into Brazil digital twin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil digital twin market size, by end-use, 2018-2030 (US$M)
Brazil Digital Twin Market Outlook Share, 2023 & 2030 (US$M)
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