
Digital thread is usually mentioned with digital twin, they are two concepts to deliver new customer-centric experiences powered by digital. Digital thread refers to the communication framework that allows a connected data flow and integrated view of the asset’s data throughout its lifecycle across traditionally siloed functional perspectives. The digital thread concept raises the bar for delivering “the right information to the right place at the right time.”
The global Digital Thread market is projected to reach US$ 1604.5 million in 2029, increasing from US$ 791.8 million in 2022, with the CAGR of 10.4% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Digital Thread 91ÖĆƬł§.
Global 5 largest manufacturers of Digital Thread are PTC, Dassault Systèmes, Siemens, General Electric and ANSYS, which make up over 75%. Among them, PTC is the leader with about 25% market share.
North America is the largest market, with a share about 50%, followed by Europe and Asia-Pacific, with the share about 32% and 15%. In terms of product type, System Type occupies the largest share of the total market, about 55%. And in terms of application, the largest application is Machine Manufacturing, followed by Aerospace & Defense.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Digital Thread market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
SAP
Oracle Corporation
Segment by Type
System Type
Parts Type
Segment by Application
Aerospace and Defense
Automotive and Transportation
Machine Manufacturing
Energy and Utilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Digital Thread report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Digital Thread Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 System Type
1.2.3 Parts Type
1.3 Market by Application
1.3.1 Global Digital Thread Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Aerospace and Defense
1.3.3 Automotive and Transportation
1.3.4 Machine Manufacturing
1.3.5 Energy and Utilities
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Digital Thread Market Perspective (2018-2029)
2.2 Digital Thread Growth Trends by Region
2.2.1 Global Digital Thread Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Digital Thread Historic Market Size by Region (2018-2023)
2.2.3 Digital Thread Forecasted Market Size by Region (2024-2029)
2.3 Digital Thread Market Dynamics
2.3.1 Digital Thread Industry Trends
2.3.2 Digital Thread Market Drivers
2.3.3 Digital Thread Market Challenges
2.3.4 Digital Thread Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Digital Thread Players by Revenue
3.1.1 Global Top Digital Thread Players by Revenue (2018-2023)
3.1.2 Global Digital Thread Revenue Market Share by Players (2018-2023)
3.2 Global Digital Thread Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Digital Thread Revenue
3.4 Global Digital Thread Market Concentration Ratio
3.4.1 Global Digital Thread Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Digital Thread Revenue in 2022
3.5 Digital Thread Key Players Head office and Area Served
3.6 Key Players Digital Thread Product Solution and Service
3.7 Date of Enter into Digital Thread Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Digital Thread Breakdown Data by Type
4.1 Global Digital Thread Historic Market Size by Type (2018-2023)
4.2 Global Digital Thread Forecasted Market Size by Type (2024-2029)
5 Digital Thread Breakdown Data by Application
5.1 Global Digital Thread Historic Market Size by Application (2018-2023)
5.2 Global Digital Thread Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Digital Thread Market Size (2018-2029)
6.2 North America Digital Thread Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Digital Thread Market Size by Country (2018-2023)
6.4 North America Digital Thread Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Digital Thread Market Size (2018-2029)
7.2 Europe Digital Thread Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Digital Thread Market Size by Country (2018-2023)
7.4 Europe Digital Thread Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Digital Thread Market Size (2018-2029)
8.2 Asia-Pacific Digital Thread Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Digital Thread Market Size by Region (2018-2023)
8.4 Asia-Pacific Digital Thread Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Digital Thread Market Size (2018-2029)
9.2 Latin America Digital Thread Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Digital Thread Market Size by Country (2018-2023)
9.4 Latin America Digital Thread Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Digital Thread Market Size (2018-2029)
10.2 Middle East & Africa Digital Thread Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Digital Thread Market Size by Country (2018-2023)
10.4 Middle East & Africa Digital Thread Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 General Electric
11.1.1 General Electric Company Detail
11.1.2 General Electric Business Overview
11.1.3 General Electric Digital Thread Introduction
11.1.4 General Electric Revenue in Digital Thread Business (2018-2023)
11.1.5 General Electric Recent Development
11.2 PTC
11.2.1 PTC Company Detail
11.2.2 PTC Business Overview
11.2.3 PTC Digital Thread Introduction
11.2.4 PTC Revenue in Digital Thread Business (2018-2023)
11.2.5 PTC Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Digital Thread Introduction
11.3.4 Siemens Revenue in Digital Thread Business (2018-2023)
11.3.5 Siemens Recent Development
11.4 Dassault Systèmes
11.4.1 Dassault Systèmes Company Detail
11.4.2 Dassault Systèmes Business Overview
11.4.3 Dassault Systèmes Digital Thread Introduction
11.4.4 Dassault Systèmes Revenue in Digital Thread Business (2018-2023)
11.4.5 Dassault Systèmes Recent Development
11.5 IBM Corporation
11.5.1 IBM Corporation Company Detail
11.5.2 IBM Corporation Business Overview
11.5.3 IBM Corporation Digital Thread Introduction
11.5.4 IBM Corporation Revenue in Digital Thread Business (2018-2023)
11.5.5 IBM Corporation Recent Development
11.6 ANSYS
11.6.1 ANSYS Company Detail
11.6.2 ANSYS Business Overview
11.6.3 ANSYS Digital Thread Introduction
11.6.4 ANSYS Revenue in Digital Thread Business (2018-2023)
11.6.5 ANSYS Recent Development
11.7 SAP
11.7.1 SAP Company Detail
11.7.2 SAP Business Overview
11.7.3 SAP Digital Thread Introduction
11.7.4 SAP Revenue in Digital Thread Business (2018-2023)
11.7.5 SAP Recent Development
11.8 Oracle Corporation
11.8.1 Oracle Corporation Company Detail
11.8.2 Oracle Corporation Business Overview
11.8.3 Oracle Corporation Digital Thread Introduction
11.8.4 Oracle Corporation Revenue in Digital Thread Business (2018-2023)
11.8.5 Oracle Corporation Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
SAP
Oracle Corporation
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*If Applicable.
