Global Digital Twin in Supply Chain Market Size

The global digital twin in supply chain market is projected to grow at a CAGR of 45.5% from 2023 to 2028, driven by the increasing adoption of IoT and Industry 4.0 technologies. The market is fueled by the need for enhanced visibility, predictive analytics, and risk management in supply chains, as well as the need to address supply chain disruptions and improve operational efficiency.

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Frequently Asked Questions

Question: What is the projected market size of the global digital twin in the supply chain?

Answer: The projected market size of the global digital twin in the supply chain is expected to reach USD 185.78 billion by 2031, growing at a compound annual growth rate (CAGR) of 38.8%. (Source: GlobeNewswire)

Question: What is the current market size of the global digital twin in the supply chain?

Answer: The current market size of the global digital twin in the supply chain was valued at USD 9.7 billion in 2022. (Source: GlobeNewswire)

Question: What is the expected growth rate of the global digital twin in the supply chain?

Answer: The expected growth rate of the global digital twin in the supply chain is projected to be about 38.8% during the forecast period. (Source: GlobeNewswire)