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Increasing Green and Digital Transition in End-User Industries is Accelerating the Green Digital Twins Market in the Europe Region!

Europe has seen considerable growth in the Green Digital Twin market. The European Commission has proposed a Green Deal Industrial Plan to achieve climate neutrality by 2050 and increase the competitiveness of Europe’s net-zero industry. This plan is driving the demand for green digital twin technology, as the need to address climate change and environmental degradation is increasing. These two main trends – green and digital transitions – are shaping the future of the European Union. Every 1% increase in global GDP causes CO2 emissions to rise by about 0.5% and resource consumption by 0.4%. Digital technologies can contribute significantly to addressing this challenge. By 2025, it is estimated that digitalization could save over 26 billion tonnes of CO2 emissions globally – about as much as Europe’s emissions over the same period.

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·        Based on the deployment type, the market is segmented into on-premise and cloud. The cloud segment caters to the highest share of the green digital twin market. It is mainly due to the cloud capability to provide a scalable and flexible infrastructure for implementing digital twins. It offers advantages such as cost savings, accessibility, and powerful computing capabilities.

·        Based on the applications, the market is segmented into predictive maintenance, product design & development, business optimization, inventory management, and performance monitoring. Predictive maintenance holds a significant in the market. This is due to the desire to move from reactive or preventive maintenance approaches to more proactive and cost-effective strategies.

For a detailed analysis of the Global Green Digital Twin Market browse throughhttps://univdatos.com/report/green-digital-twin-market/

Global Green Digital Twin Market Segmentation

Market Insight, by Deployment Type

·        On-Premise

·        Cloud

Market Insights, by Application

·        Predictive Maintenance

·        Product Design & Development

·        Business Optimization

·        Inventory Management

·        Performance Monitoring

Market Insights, by End-User

·        Building and Construction   

·        Manufacturing         

·        Mining         

·        Energy         

·        Others 

Market Insight, by Region

·        North America

o   U.S.

o   Canada

o   Rest of North America

·        Europe

o  Germany

o  UK

o  France

o  Spain

o  Italy

o  Rest of Europe

·        APAC

o  China

o  Japan

o  India

o  Rest of APAC

·        Rest of the World

Top Company Profiles

·        IBM

·        Dassault Systemes

·        Siemens

·        Autodesk

·        Schneider Electric

·        Bentley Systems

·        Ansys

·        AVEVA

·        Parametric Technology Corporation

·        Cognite