target audience: TECH SUPPLIER Publication date: Oct 2024 - Document type: Market Forecast - Doc Document number: # JPE51511724
Japan Digital Twins Forecast, 2024–2028
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Abstract
This IDC study provides a forecast of the market size of the Japan digital twin–related market, as well as market forecasts for the three subdomains: product engineering (PE), operational technology (OT), and "Other," as well as by industry sector. In addition, we provide market forecasts for non-ICT industry sectors related to digital twins.
"One of the reasons why digital investment in the industrial sector is difficult is that the solutions do not meet the flexibility and practicality that customers require; for example, teaching robots is time-consuming. IT/OT vendors promoting digitalization in the industrial sector should utilize AI technology to increase the flexibility and practicality of their solutions. The future competition for industrial solutions will depend largely on how well AI can be used to improve flexibility and practicality," says Ono Yoko, research manager, Software and Services, IDC Japan.