Global Internet of Things (IoT) Digital Twinning Market Outlook 2017-2022: Focus on IoT Enabled Physical to Virtual Mapping and Management


Dublin, March 27, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Internet of Things (IoT) Digital Twinning: Market Outlook for IoT enabled Physical to Virtual Mapping and Management 2017 - 2022" report to their offering.

Digit Twinning refers to the mapping of the physical world to the digital world in which Internet of Things (IoT) Platforms and Software are leveraged to create a digital representation of physical object or asset. The Digital Twin of a physical object can provide data about the asset such as its physical state and disposition.

There are many potential use cases for Digital Twinning including monitoring, simulation, and remote control of physical assets with virtual objects. Solutions focus on Part, Product, Process, and System Twinning. We see Digital Twinning playing a key role in many IoT Operations processes including IoT Application Development, Testing and Control. The implementation of Digital Twins will also enable distributed remote control of assets, which will place an increasingly heavy burden on IoT Identity Management, Authentication, and Authorization.

This research evaluates Digital Twinning technology, solutions, use cases, and leading company efforts in terms of R&D and early deployments. The report assesses the Digital Twinning product and service ecosystem including application development and operations. The report also analyzes technologies supporting and benefiting from Digital Twinning. The report also provides detailed forecasts covering Digital Twinning in many market segments and use cases including manufacturing simulations, predictive analytics, and more.

Report Benefits:

- Virtual Twinning forecasts 2017 - 2022
- Understand the different types of Digital Twinning
- Identify market challenges and opportunities for virtual twinning
- Understand the role of virtual twinning in development, simulations, and PLM
- Understand how virtual objects (software programs) function as an abstract of real-world things
- Understand how virtual reality will support Digital Twinning and vice versa for advanced simulations and control

Select Report Findings:

- Up to 85% of all IoT Platforms will contain some form of Digit Twinning capability by 2022
- Digital Twinning will become standard feature/functionality for IoT Application Enablement by 2021
- Over 90% of software player recognize the need for IoT APIs and Platform integration with Digital Twinning functionality
- Nearly 20% of executives across a broad spectrum of industry verticals understand the benefits of Digital Twinning and 75% of them plan to incorporate within their operations by 2020

Key Topics Covered:

1 Executive Summary

2 Introduction
2.1 Understanding Digital Twinning
2.1.1 Importance of Digital Twinning
2.1.2 Mapping Real World to Virtual World
2.2 Important Concepts
2.2.1 Cognitive Digital Twining
2.2.2 Digital Threading
2.2.3 Convergence of Sensors and Simulations
2.2.4 Software Modules and Elements
2.2.5 Digital Twinning Types
2.2.6 Digital Twinning Work Processes

3 Supporting Technologies
3.1 Industrial IoT and Industry 4.0
3.2 Pairing Technology
3.3 Cyber Physical Systems
3.4 Augmented, Virtual, and Mixed Reality
3.5 Artificial Intelligence Technologies
3.6 Additive Manufacturing and 3D Printing
3.7 Digital Thread for Additive Manufacturing

4 Digital Twin Product and Service Ecosystem
4.1 Digital Twinning Impact on Industry Segments
4.1.1 Industrial IoT
4.1.2 Consumer IoT
4.2 Application Development and Operations
4.2.1 IoT Application Programming Interfaces
4.2.2 Virtual Objects and Control of Real Assets
4.2.3 Identity Management, Authentication, and Authorization IoT Identity Management Virtual Identities for Digital Twinning Operations Authentication and Authorization
4.3 Digital Twin Use Cases and Applications
4.3.1 Maintenance, Repair and Overhaul Operations
4.3.2 Digital Avatar of Consumer Assets
4.3.3 Performance/Service Monitoring
4.3.4 Inspection and Repair
4.3.5 Predictive Maintenance
4.3.6 Product Design and Development
4.3.7 Composite Assembling/Manufacturing
4.3.8 Monitoring Business Outcomes
4.4 Digital Twinning as a Service (DTaaS)

5 IoT Digital Twinning Market Forecast 2017 - 2022
5.1 Global Market Forecast 2017 - 2022
5.1.1 Aggregate Market for Digital Twinning
5.1.2 Market for Software Module
5.1.3 Market for Software Type
5.1.4 Market for Software Category
5.1.5 Market for Industry Segment
5.1.6 Market for Business Model
5.1.7 Market for Industry Vertical
5.2 Regional Market Forecast 2017 - 2022
5.2.1 Digital Twining Market by Region
5.2.2 North America IoT Digital Twinning Market
5.2.3 Europe IoT Digital Twinning Market
5.2.4 APAC IoT Digital Twinning Market
5.3 Digital Twinning Connected IoT Things Forecast 2017 - 2022
5.3.1 Aggregate Digital Twinning Connected IoT Things
5.3.2 Digital Twinning IoT Things by Type
5.3.3 Digital Twinning IoT Things by Region North America Digital Twinning IoT Things Europe Digital Twinning IoT Things APAC Digital Twinning IoT Things

6 Vendor Analysis
6.1 Google
6.1.1 Physical Web
6.2 General Electric
6.2.1 Predix Platform and Digital Twinning
6.2.2 Software Modeling Platform
6.2.3 Microsoft Partnership for Industrial Cloud
6.2.4 Partnership with Maana to Extend Digital Twin across All Enterprise Assets
6.3 PTC
6.3.1 ThingWorx IoT Solution
6.3.2 Product Lifecycle Management
6.4 Siemens PLM Software
6.5 Computer Science Corporation
6.5.1 Manufacturing Simulation Process
6.5.2 Hybrid Car Manufacturing Model
6.6 SAP SE
6.7 Sight Machine Inc.
6.8 Eclipse Software
6.8.1 Eclipse Ditto
6.9 Amazon Web Services
6.10 Oracle Corporation
6.10.1 Digital Twin Approach
6.11 Dassault Systemes
6.11.1 3DEXPERIENCE platform
6.12 ANSYS Inc.
6.12.1 Pervasive Engineering Simulation
6.13 Arrayent Inc.
6.13.1 Device Virtualization Model
6.14 Autodesk Inc.
6.15 Sysmex Corporation
6.16 Core Systems

7 Conclusions and Recommendations

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