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The global digital twin market is experiencing exponential growth, with forecasts projecting its value to soar to US$ 152 billion by 2030. The COVID-19 pandemic has accelerated the adoption of digital twins across various sectors, particularly in healthcare, pharmaceuticals, manufacturing, and supply chain management. The market is driven by the advent of Industry 4.0, the need for process efficiency, and the rise of digital transformation. The competitive landscape is dominated by key players such as Siemens, GE, IBM, and Microsoft. The market is segmented by type, application, and region, with North America leading the market share.
