Digital Twins for Smart Factories Market is anticipated to expand from 5.2 billion in 2024 to 23.5 b
The Digital Twins for Smart Factories Market encompasses the adoption of virtual replicas of physical assets and processes within manufacturing environments. It integrates advanced technologies like IoT, AI, and machine learning to enhance operational efficiency, predictive maintenance, and decision-making. This market facilitates real-time monitoring, simulation, and optimization of production processes, driving innovation and competitiveness in the industrial sector.