
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.”
Market Analysis and Insights: Global Digital Thread Market
Due to the COVID-19 pandemic, the global Digital Thread market size is estimated to be worth US$ 497.6 million in 2022 and is forecast to a readjusted size of US$ 5292 million by 2029 with a CAGR of 39.7% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Parts Type accounting for % of the Digital Thread global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Aerospace & Defense segment is altered to an % CAGR throughout this forecast period.
The major companies of digital threading are GE, PTC, Siemens, Dassault Systemes, IBM and Oracle, and the top three companies account for about 70% of the total market.
North America is the main market, accounting for about 80%, followed by Europe, accounting for about 20%.
Global Digital Thread Scope and Market Size
The global Digital Thread market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Digital Thread market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Parts Type
System Type
Segment by Application
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Digital Thread Market Size by Type (2018 VS 2022 VS 2029)
1.2.2 Parts Type
1.2.3 System Type
1.3 Market by Application
1.3.1 Global Digital Thread Market Share by Application (2018 VS 2022 VS 2029)
1.3.2 Aerospace & Defense
1.3.3 Automotive & Transportation
1.3.4 Machine Manufacturing
1.3.5 Energy & Utilities
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Digital Thread Market Perspective (2018-2029)
2.2 Global Digital Thread Market Size by Region: 2018 VS 2022 VS 2029
2.3 Global Digital Thread Revenue Market Share by Region (2018-2023)
2.4 Global Digital Thread Revenue Forecast by Region (2024-2029)
2.5 Geographic Market Analysis: Market Facts & Figures
2.5.1 United States Digital Thread Estimates and Projections (2018-2029)
2.5.2 Europe Digital Thread Estimates and Projections (2018-2029)
2.5.3 China Digital Thread Estimates and Projections (2018-2029)
2.5.4 Japan Digital Thread Estimates and Projections (2018-2029)
2.5.5 Southeast Asia Digital Thread Estimates and Projections (2018-2029)
2.5.6 India Digital Thread Estimates and Projections (2018-2029)
3 Global Digital Thread Competition Landscape by Players
3.1 Global Top Digital Thread Players by Revenue (2018-2023)
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 United States Digital Thread Market Facts & Figures
6.1 United States Digital Thread Revenue by Company (2018-2023)
6.2 United States Digital Thread Market Size by Type
6.2.1 United States Digital Thread Market Size by Type (2018-2023)
6.2.2 United States Digital Thread Market Size by Type (2024-2029)
6.2.3 United States Digital Thread Market Share by Type (2018-2029)
6.3 United States Digital Thread Market Size by Application
6.3.1 United States Digital Thread Market Size by Application (2018-2023)
6.3.2 United States Digital Thread Market Size by Application (2024-2029)
6.3.3 United States Digital Thread Market Share by Application (2018-2029)
7 Europe Digital Thread Market Facts & Figures
7.1 Europe Digital Thread Revenue by Company (2018-2023)
7.2 Europe Digital Thread Market Size by Type
7.2.1 Europe Digital Thread Market Size by Type (2018-2023)
7.2.2 Europe Digital Thread Market Size by Type (2024-2029)
7.2.3 Europe Digital Thread Market Share by Type (2018-2029)
7.3 Europe Digital Thread Market Size by Application
7.3.1 Europe Digital Thread Market Size by Application (2018-2023)
7.3.2 Europe Digital Thread Market Size by Application (2024-2029)
7.3.3 Europe Digital Thread Market Share by Application (2018-2029)
8 China Digital Thread Market Facts & Figures
8.1 China Digital Thread Revenue by Company (2018-2023)
8.2 China Digital Thread Market Size by Type
8.2.1 China Digital Thread Market Size by Type (2018-2023)
8.2.2 China Digital Thread Market Size by Type (2024-2029)
8.2.3 China Digital Thread Market Share by Type (2018-2029)
8.3 China Digital Thread Market Size by Application
8.3.1 China Digital Thread Market Size by Application (2018-2023)
8.3.2 China Digital Thread Market Size by Application (2024-2029)
8.3.3 China Digital Thread Market Share by Application (2018-2029)
9 Japan Digital Thread Market Facts & Figures
9.1 Japan Digital Thread Revenue by Company (2018-2023)
9.2 Japan Digital Thread Market Size by Type
9.2.1 Japan Digital Thread Market Size by Type (2018-2023)
9.2.2 Japan Digital Thread Market Size by Type (2024-2029)
9.2.3 Japan Digital Thread Market Share by Type (2018-2029)
9.3 Japan Digital Thread Market Size by Application
9.3.1 Japan Digital Thread Market Size by Application (2018-2023)
9.3.2 Japan Digital Thread Market Size by Application (2024-2029)
9.3.3 Japan Digital Thread Market Share by Application (2018-2029)
10 Southeast Asia Digital Thread Market Facts & Figures
10.1 Southeast Asia Digital Thread Revenue by Company (2018-2023)
10.2 Southeast Asia Digital Thread Market Size by Type
10.2.1 Southeast Asia Digital Thread Market Size by Type (2018-2023)
10.2.2 Southeast Asia Digital Thread Market Size by Type (2024-2029)
10.2.3 Southeast Asia Digital Thread Market Share by Type (2018-2029)
10.3 Southeast Asia Digital Thread Market Size by Application
10.3.1 Southeast Asia Digital Thread Market Size by Application (2018-2023)
10.3.2 Southeast Asia Digital Thread Market Size by Application (2024-2029)
10.3.3 Southeast Asia Digital Thread Market Share by Application (2018-2029)
11 India Digital Thread Market Facts & Figures
11.1 India Digital Thread Revenue by Company (2018-2023)
11.2 India Digital Thread Market Size by Type
11.2.1 India Digital Thread Market Size by Type (2018-2023)
11.2.2 India Digital Thread Market Size by Type (2024-2029)
11.2.3 India Digital Thread Market Share by Type (2018-2029)
11.3 India Digital Thread Market Size by Application
11.3.1 India Digital Thread Market Size by Application (2018-2023)
11.3.2 India Digital Thread Market Size by Application (2024-2029)
11.3.3 India Digital Thread Market Share by Application (2018-2029)
12 Key Players Profiles
12.1 General Electric
12.1.1 General Electric Company Details
12.1.2 General Electric Business Overview
12.1.3 General Electric Digital Thread Introduction
12.1.4 General Electric Revenue in Digital Thread Business (2018-2023)
12.1.5 General Electric Recent Development
12.2 PTC
12.2.1 PTC Company Details
12.2.2 PTC Business Overview
12.2.3 PTC Digital Thread Introduction
12.2.4 PTC Revenue in Digital Thread Business (2018-2023)
12.2.5 PTC Recent Development
12.3 Siemens
12.3.1 Siemens Company Details
12.3.2 Siemens Business Overview
12.3.3 Siemens Digital Thread Introduction
12.3.4 Siemens Revenue in Digital Thread Business (2018-2023)
12.3.5 Siemens Recent Development
12.4 Dassault Systèmes
12.4.1 Dassault Systèmes Company Details
12.4.2 Dassault Systèmes Business Overview
12.4.3 Dassault Systèmes Digital Thread Introduction
12.4.4 Dassault Systèmes Revenue in Digital Thread Business (2018-2023)
12.4.5 Dassault Systèmes Recent Development
12.5 IBM Corporation
12.5.1 IBM Corporation Company Details
12.5.2 IBM Corporation Business Overview
12.5.3 IBM Corporation Digital Thread Introduction
12.5.4 IBM Corporation Revenue in Digital Thread Business (2018-2023)
12.5.5 IBM Corporation Recent Development
12.6 ANSYS
12.6.1 ANSYS Company Details
12.6.2 ANSYS Business Overview
12.6.3 ANSYS Digital Thread Introduction
12.6.4 ANSYS Revenue in Digital Thread Business (2018-2023)
12.6.5 ANSYS Recent Development
12.7 Microsoft Corporation
12.7.1 Microsoft Corporation Company Details
12.7.2 Microsoft Corporation Business Overview
12.7.3 Microsoft Corporation Digital Thread Introduction
12.7.4 Microsoft Corporation Revenue in Digital Thread Business (2018-2023)
12.7.5 Microsoft Corporation Recent Development
12.8 Oracle Corporation
12.8.1 Oracle Corporation Company Details
12.8.2 Oracle Corporation Business Overview
12.8.3 Oracle Corporation Digital Thread Introduction
12.8.4 Oracle Corporation Revenue in Digital Thread Business (2018-2023)
12.8.5 Oracle Corporation Recent Development
13 Market Dynamics
13.1 Digital Thread Industry Trends
13.2 Digital Thread Market Drivers
13.3 Digital Thread Market Challenges
13.4 Digital Thread Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author List
15.3 Disclaimer
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
*If Applicable.
