The UK Digital Twin Market is anticipated to grow at around 30% CAGR during the forecast period, i.e., 2022-27. The growth of the market is likely to be propelled mainly by the increasing requirement for asset monitoring in industries, the mounting prevalence of Industry 4.0, and the rising construction of smart buildings for optimum energy consumption in the UK. Besides, the increasing utilization of digital twin models in manufacturing sectors to reduce costs & improve supply chain efficiency is another prominent aspect projected to drive the industry in the coming years.
UK Digital Twin Market Research Report: Forecast (2022-2027)