The global Digital Twin market is projected to expand from $21.1 billion in 2024 to $119.8 billion by 2029, achieving a remarkable CAGR of 41.6%. Digital twins, driven by advancements in IoT, AI, and cloud computing, are revolutionizing manufacturing, healthcare, energy, and smart cities through predictive analytics and real-time optimization.
In 2024, market intelligence is evolving with AI and ML, real-time insights, predictive analytics, and ethical research. These trends enhance data security, predictive capabilities, and inclusivity. Velox Consultants leverages these advancements to provide clients with actionable insights, driving strategic growth in a dynamic market.