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-0.000523056402438968 -0.000523056402438968 -0.00127032520325196 -0.00177845528455285 -0.00206427845528448 0.000809832317073156 0.0025406504065041 0.00600228658536581
Stock impact report

Digital Twin Market expected to reach USD 287.2 billion by 2032 | Digital Twins Revolutionizing Industries with Efficiency Gains and Cost Savings | Report by SNS Insider [Yahoo! Finance]

ANSYS, Inc. (ANSS) 
Last ansys, inc. earnings: 2/26 04:09 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ansys.com
Company Research Source: Yahoo! Finance
Austin, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Digital Twin Market Size Analysis: “ According to SNS Insider, the Digital Twins Market Size was valued at USD 16.2 billion in 2023 and is expected to reach USD 287.2 billion by 2032, with a CAGR of 37.7% over the forecasting period 2024-2032. ” Market Analysis Increasing Focus on Smart Infrastructure and Predictive Maintenance The U.S. Department of Energy published that federal spending on smart infrastructure has risen by 35% in 2023. The European Commission has also dedicated €1.2 billion to projects that apply digital twins to integrate and improve the management and sustainability of urban infrastructure. This substantial governmental support has positioned digital twin technology as essential for the efficient functioning of cities and infrastructure. The technology's ability to replicate real-world conditions in a virtual space enables the anticipation of maintenance issues before they arise, reducing downtime and cutting cos Show less Read more
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