How Digital Twins Can Help in Predicting Equipment Failures
The digital twin market is growing fast because of advances in IoT, AI, cloud computing, and Industry 4.0. Industries like manufacturing, healthcare, smart cities, and automotive are adopting this technology quickly. Research shows the digital twin market is set to jump from $24.97 billion in 2024 to $155.84 billion by 2030. That’s a 34.2% yearly…