France Digital Twin Market Size & Outlook, 2023-2030
France digital twin market, 2018-2030 (US$M)
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France digital twin market highlights
- The France digital twin market generated a revenue of USD 674.3 million in 2023 and is expected to reach USD 6,077.7 million by 2030.
- The France market is expected to grow at a CAGR of 36.9% 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 674.3 million |
| Market revenue in 2030 | USD 6,077.7 million |
| Growth rate | 36.9% (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, France accounted for 4.0% 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 Europe, Germany digital twin market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 6,077.7 million by 2030.
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Digital Twin Market Scope
Digital Twin Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 16.68% in 2023. Horizon Databook has segmented the France 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.
The COVID-19 pandemic disrupted French multinational companies and prompted them to undertake several initiatives to accelerate digital transformation and change their IT infrastructure to better adapt to the new norm.
Several organizations tried to overcome the challenges by rapidly digitizing, enabling remote working, improving online presentation, expanding their online businesses, and finding ways to provide better customer satisfaction.
However, enterprises that prioritized low-impact digitalization initiatives in response to narrowly defined business requirements, on the other hand, found it more difficult to meet the technological challenges posed by the pandemic.
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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 France digital twin market , including forecasts for subscribers. This country databook contains high-level insights into France digital twin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France digital twin market size, by end-use, 2018-2030 (US$M)
France Digital Twin Market Outlook Share, 2023 & 2030 (US$M)
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