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Synopsis
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 was valued at US$ 791.8 million in 2023 and is anticipated to reach US$ 1604.5 million by 2030, witnessing a CAGR of 10.4% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Digital Thread, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Thread.
Report Scope
The Digital Thread market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Thread market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digital Thread companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Digital Thread companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
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: 2019 VS 2023 VS 2030
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: 2019 VS 2023 VS 2030
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 (2019-2030)
2.2 Digital Thread Growth Trends by Region
2.2.1 Global Digital Thread Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Digital Thread Historic Market Size by Region (2019-2024)
2.2.3 Digital Thread Forecasted Market Size by Region (2025-2030)
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 (2019-2024)
3.1.2 Global Digital Thread Revenue Market Share by Players (2019-2024)
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 2023
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 (2019-2024)
4.2 Global Digital Thread Forecasted Market Size by Type (2025-2030)
5 Digital Thread Breakdown Data by Application
5.1 Global Digital Thread Historic Market Size by Application (2019-2024)
5.2 Global Digital Thread Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Digital Thread Market Size (2019-2030)
6.2 North America Digital Thread Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Digital Thread Market Size by Country (2019-2024)
6.4 North America Digital Thread Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Digital Thread Market Size (2019-2030)
7.2 Europe Digital Thread Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Digital Thread Market Size by Country (2019-2024)
7.4 Europe Digital Thread Market Size by Country (2025-2030)
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 (2019-2030)
8.2 Asia-Pacific Digital Thread Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Digital Thread Market Size by Region (2019-2024)
8.4 Asia-Pacific Digital Thread Market Size by Region (2025-2030)
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 (2019-2030)
9.2 Latin America Digital Thread Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Digital Thread Market Size by Country (2019-2024)
9.4 Latin America Digital Thread Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Digital Thread Market Size (2019-2030)
10.2 Middle East & Africa Digital Thread Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Digital Thread Market Size by Country (2019-2024)
10.4 Middle East & Africa Digital Thread Market Size by Country (2025-2030)
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 (2019-2024)
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 (2019-2024)
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 (2019-2024)
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 (2019-2024)
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 (2019-2024)
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 (2019-2024)
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 (2019-2024)
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 (2019-2024)
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
Published By : QY Research
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