Adaptation to Covid-19 to Drive Digital Twin Uptake: Report
Titled Smart Cities and Smart Spaces, the report found that a need to increase resilience and optimise resource management in light of the Covid-19 pandemic will be a key driver in the uptake of digital twins over the next five years.
The researchers estimate that the market for digital twins will grow from $US3.8 billion in 2019 to $US35.8 billion per year by 2025.
The report also projects that by 2025, the number of urban digital twins globally will be over 500 and that implementation will expand to widespread, multi-purpose deployments from pilot projects.
Dominique Bonte, Vice President, End Markets at ABI Research noted that since the first digital twins were deployed in cities such as Singapore around three years ago, features have quickly expanded to enable a much wider range of application areas including infrastructure coverage planning and green infrastructure management.
