The large enterprise segment is expected to account for the larger size of the digital twin market throughout the forecast period. It is further expected to grow at a significant rate during the forecast period. The demand for digital twin products/solutions among large enterprises is expected to be propelled by the need to revolutionize traditional business systems and enhance customer experience. The direct application of digital twin in organizations includes product design & development, predictive maintenance, inventory management, performance monitoring, and business optimization applications within the organization.
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