디지털 스레드 시장 규모, 점유율, 성장 및 세계 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of digital thread Market

The global digital thread market is undergoing transformative growth as industries adopt advanced lifecycle management, automation, and AI-enabled technologies. As per the 2024-2032 forecast, the market was valued at USD 11.51 billion in 2024, is expected to rise to USD 13.74 billion in 2025, and is projected to reach USD 51.84 billion by 2032, reflecting an exceptional CAGR of 20.9%. North America dominated the global landscape in 2024 with a market share of 38.84%, driven by highly mature digital ecosystems and strong investments in Industry 4.0.

Digital Thread: A New Backbone for Modern Industries

A digital thread provides a seamless flow of data across the entire product lifecycle-from initial design and engineering to manufacturing, operations, service, and end-of-life management. It connects traditionally siloed systems, enabling organizations to exchange real-time insights, enhance traceability, and accelerate decision-making. Digital threads are increasingly integrated into predictive maintenance strategies, digital twin architectures, and enterprise-wide manufacturing intelligence systems.

The World Economic Forum projects that digital twins, threads, and related technologies will contribute USD 3.7 trillion to the global economy by 2025, underscoring the scale of transformation underway.

Impact of Generative AI

Generative AI is reshaping the digital thread market by enhancing data interpretation, automating processes, and enabling predictive insights. When embedded into thread ecosystems, GenAI optimizes performance monitoring, reduces failure risk, enables automated design iterations, and enhances quality assurance. Its ability to unify data from all product phases strengthens lifecycle intelligence, making it a pivotal driver of market expansion.

Impact of Reciprocal Tariffs

Tariff hikes affecting hardware components, sensors, electronics, and digital infrastructure equipment have increased costs and disrupted sourcing strategies. Companies lacking digital thread systems struggle to maintain real-time cost visibility or manage bills of materials efficiently, leading to margin pressures. According to IDC, tariffs could reduce global IT spending growth by 1.5-2% in 2025, delaying transformation projects and tightening budgets in supply-chain-intensive industries.

Key Market Trends

A major trend shaping the industry is the rising emphasis on manufacturing automation. As smart factories grow, manufacturers demand integrated systems capable of synchronizing operations in real time. Digital threads ensure seamless information flow between automated production lines, robotics, IoT devices, and enterprise systems. This accelerates engineering changes, enhances product quality, and strengthens compliance tracking.

Market Drivers

The rising demand for integrated lifecycle management is a primary growth force. Organizations require connected systems that unify design, production, and operations to improve performance, reduce time to market, and support global collaboration. Digital threads accelerate innovation, streamline workflows, and increase responsiveness across complex engineering environments.

Market Restraints

Cybersecurity and data privacy concerns significantly hinder market adoption. With nearly 50% of global companies experiencing data breaches, enterprises are cautious about integrating sensitive product information into interconnected digital platforms. Regulatory requirements across industries add further complexity.

Market Opportunities

A key opportunity lies in deploying digital threads through enterprise iPaaS (integration platform as a service). iPaaS frameworks provide end-to-end connectivity across cloud, on-premises, and hybrid systems. This approach improves data visibility, enhances customer experience, reduces operational delays, and enables scalable product lifecycle digitization. As adoption grows, iPaaS-driven threads will play a pivotal role in shaping next-generation manufacturing ecosystems.

Regional Outlook

North America, valued at USD 4.47 billion in 2024, leads due to rapid deployment of smart factories, strong R&D infrastructure, and government-backed modernization initiatives.

Asia Pacific is expected to record the highest CAGR, supported by fast industrialization, rising investments in smart manufacturing, and government programs promoting Industry 4.0 in China, India, Japan, and South Korea.

Europe maintains strong momentum due to its advanced aerospace, automotive, and industrial engineering sectors and programs such as Horizon Europe.

South America and Middle East & Africa show steady adoption, supported by modernization in energy, mining, and supply chain operations.

Competitive Landscape

Leading companies-including Siemens, PTC, Dassault Systemes, IBM, SAP, Oracle, Rockwell Automation, Aveva, Accenture, GE, Ansys, Hexagon, and Autodesk-are expanding capabilities through acquisitions, product launches, and strategic partnerships. These firms focus on cloud-enabled PLM, AI-integrated solutions, and scalable enterprise platforms to strengthen lifecycle intelligence.

Segmentation By Technology

• Product Lifecycle Management (PLM)
• Computer-Aided Design (CAD)
• Computer-Aided Manufacturing (CAM)
• Application Lifecycle Management (ALM)
• Material Requirements Planning (MRP)
• Enterprise Resource Planning (ERP)
• Manufacturing Execution System (MES)
• Others (Industrial Sensor, SCADA, etc.)

By Module

• Data Management & Integration
• Connectivity and Interoperability
• Data Collection
• Analytics and Visualization

By Deployment

• On-Premises
• Cloud-Based

By End-User

• Automotive
• Energy and Utilities
• Consumer Electronics
• Industrial
• Medical Devices and Pharmaceuticals
• Aerospace and Defence
• Others (Marine, Chemicals, etc.)

By Region

• North America (By Technology, Module, Deployment, End-User, and Country)
  • U.S. (By End-User)
  • Canada (By End-User)
  • Mexico (By End-User)
• South America (By Technology, Module, Deployment, End-User, and Country)
  • Brazil (By End-User)
  • Argentina (By End-User)
  • Rest of South America
• Europe (By Technology, Module, Deployment, End-User, and Country)
  • U.K. (By End-User)
  • Germany (By End-User)
  • France (By End-User)
  • Italy (By End-User)
  • Spain (By End-User)
  • Russia (By End-User)
  • Benelux (By End-User)
  • Nordics (By End-User)
  • Rest of Europe
• Middle East & Africa (By Technology, Module, Deployment, End-User, and Country)
  • Turkey (By End-User)
  • Israel (By End-User)
  • GCC (By End-User)
  • North Africa (By End-User)
  • South Africa (By End-User)
  • Rest of the Middle East & Africa
• Asia Pacific (By Technology, Module, Deployment, End-User, and Country)
  • China (By End-User)
  • Japan (By End-User)
  • India (By End-User)
  • South Korea (By End-User)
  • ASEAN (By End-User)
  • Oceania (By End-User)
  • Rest of Asia Pacific

Companies Profiled in the Report Siemens AG (Germany)

PTC, Inc. (U.S.)

Dassault Systemes (France)

IBM Corporation (U.S.)

SAP SE (Germany)

Rockwell Automation, Inc. (U.S.)

Autodesk Inc. (U.S.)

Oracle Corporation (U.S.)

Aveva Group Limited (U.K.)

Accenture (Ireland)

Table of Content

1. Introduction

• 1.1. Definition, By Segment
• 1.2. Research Methodology/Approach
• 1.3. Data Sources

2. Executive Summary

3. Market Dynamics

• 3.1. Macro and Micro Economic Indicators
• 3.2. Drivers, Restraints, Opportunities and Trends
• 3.3. Impact of Generative AI
• 3.4. Impact of Reciprocal Tariffs on Digital Thread Market

4. Competition Landscape

• 4.1. Business Strategies Adopted by Key Players
• 4.2. Consolidated SWOT Analysis of Key Players
• 4.3. Global Digital Thread Key Players (Top 3 - 5) Market Share/Ranking, 2024

5. Global Digital Thread Market Size Estimates and Forecasts, By Segments, 2019-2032

• 5.1. Key Findings
• 5.2. By Technology (USD)
  • 5.2.1. Product Lifecycle Management (PLM)
  • 5.2.2. Computer-Aided Design (CAD)
  • 5.2.3. Computer-Aided Manufacturing (CAM)
  • 5.2.4. Application Lifecycle Management (ALM)
  • 5.2.5. Material Requirements Planning (MRP)
  • 5.2.6. Enterprise Resource Planning (ERP)
  • 5.2.7. Manufacturing Execution System (MES)
  • 5.2.8. Others (Industrial Sensor, SCADA, etc.)
• 5.3. By Module (USD)
  • 5.3.1. Data Management & Integration
  • 5.3.2. Connectivity and Interoperability
  • 5.3.3. Data Collection
  • 5.3.4. Analytics and Visualization
• 5.4. By Deployment (USD)
  • 5.4.1. On-Premises
  • 5.4.2. Cloud-Based
• 5.5. By End-User (USD)
  • 5.5.1. Automotive
  • 5.5.2. Energy and Utilities
  • 5.5.3. Consumer Electronics
  • 5.5.4. Industrial
  • 5.5.5. Medical Devices and Pharmaceuticals
  • 5.5.6. Aerospace and Defence
  • 5.5.7. Others (Marine, Chemicals, etc.)
• 5.6. By Region (USD)
  • 5.6.1. North America
  • 5.6.2. South America
  • 5.6.3. Europe
  • 5.6.4. Middle East & Africa
  • 5.6.5. Asia Pacific

6. North America Digital Thread Market Size Estimates and Forecasts, By Segments, 2019-2032

• 6.1. Key Findings
• 6.2. By Technology (USD)
  • 6.2.1. Product Lifecycle Management (PLM)
  • 6.2.2. Computer-Aided Design (CAD)
  • 6.2.3. Computer-Aided Manufacturing (CAM)
  • 6.2.4. Application Lifecycle Management (ALM)
  • 6.2.5. Material Requirements Planning (MRP)
  • 6.2.6. Enterprise Resource Planning (ERP)
  • 6.2.7. Manufacturing Execution System (MES)
  • 6.2.8. Others (Industrial Sensor, SCADA, etc.)
• 6.3. By Module (USD)
  • 6.3.1. Data Management & Integration
  • 6.3.2. Connectivity and Interoperability
  • 6.3.3. Data Collection
  • 6.3.4. Analytics and Visualization
• 6.4. By Deployment (USD)
  • 6.4.1. On-Premises
  • 6.4.2. Cloud-Based
• 6.5. By End-User (USD)
  • 6.5.1. Automotive
  • 6.5.2. Energy and Utilities
  • 6.5.3. Consumer Electronics
  • 6.5.4. Industrial
  • 6.5.5. Medical Devices and Pharmaceuticals
  • 6.5.6. Aerospace and Defence
  • 6.5.7. Others (Marine, Chemicals, etc.)
• 6.6. By Country (USD)
  • 6.6.1. U.S.
    • 6.6.1.1. By End-User
  • 6.6.2. Canada
    • 6.6.2.1. By End-User
  • 6.6.3. Mexico
    • 6.6.3.1. By End-User

7. South America Digital Thread Market Size Estimates and Forecasts, By Segments, 2019-2032

• 7.1. Key Findings
• 7.2. By Technology (USD)
  • 7.2.1. Product Lifecycle Management (PLM)
  • 7.2.2. Computer-Aided Design (CAD)
  • 7.2.3. Computer-Aided Manufacturing (CAM)
  • 7.2.4. Application Lifecycle Management (ALM)
  • 7.2.5. Material Requirements Planning (MRP)
  • 7.2.6. Enterprise Resource Planning (ERP)
  • 7.2.7. Manufacturing Execution System (MES)
  • 7.2.8. Others (Industrial Sensor, SCADA, etc.)
• 7.3. By Module (USD)
  • 7.3.1. Data Management & Integration
  • 7.3.2. Connectivity and Interoperability
  • 7.3.3. Data Collection
  • 7.3.4. Analytics and Visualization
• 7.4. By Deployment (USD)
  • 7.4.1. On-Premises
  • 7.4.2. Cloud-Based
• 7.5. By End-User (USD)
  • 7.5.1. Automotive
  • 7.5.2. Energy and Utilities
  • 7.5.3. Consumer Electronics
  • 7.5.4. Industrial
  • 7.5.5. Medical Devices and Pharmaceuticals
  • 7.5.6. Aerospace and Defence
  • 7.5.7. Others (Marine, Chemicals, etc.)
• 7.6. By Country (USD)
  • 7.6.1. Brazil
    • 7.6.1.1. By End-User
  • 7.6.2. Argentina
    • 7.6.2.1. By End-User
  • 7.6.3. Rest of South America

8. Europe Digital Thread Market Size Estimates and Forecasts, By Segments, 2019-2032

• 8.1. Key Findings
• 8.2. By Technology (USD)
  • 8.2.1. Product Lifecycle Management (PLM)
  • 8.2.2. Computer-Aided Design (CAD)
  • 8.2.3. Computer-Aided Manufacturing (CAM)
  • 8.2.4. Application Lifecycle Management (ALM)
  • 8.2.5. Material Requirements Planning (MRP)
  • 8.2.6. Enterprise Resource Planning (ERP)
  • 8.2.7. Manufacturing Execution System (MES)
  • 8.2.8. Others (Industrial Sensor, SCADA, etc.)
• 8.3. By Module (USD)
  • 8.3.1. Data Management & Integration
  • 8.3.2. Connectivity and Interoperability
  • 8.3.3. Data Collection
  • 8.3.4. Analytics and Visualization
• 8.4. By Deployment (USD)
  • 8.4.1. On-Premises
  • 8.4.2. Cloud-Based
• 8.5. By End-User (USD)
  • 8.5.1. Automotive
  • 8.5.2. Energy and Utilities
  • 8.5.3. Consumer Electronics
  • 8.5.4. Industrial
  • 8.5.5. Medical Devices and Pharmaceuticals
  • 8.5.6. Aerospace and Defence
  • 8.5.7. Others (Marine, Chemicals, etc.)
• 8.6. By Country (USD)
  • 8.6.1. U.K.
    • 8.6.1.1. By End-User
  • 8.6.2. Germany
    • 8.6.2.1. By End-User
  • 8.6.3. France
    • 8.6.3.1. By End-User
  • 8.6.4. Italy
    • 8.6.4.1. By End-User
  • 8.6.5. Spain
    • 8.6.5.1. By End-User
  • 8.6.6. Russia
    • 8.6.6.1. By End-User
  • 8.6.7. Benelux
    • 8.6.7.1. By End-User
  • 8.6.8. Nordics
    • 8.6.8.1. By End-User
  • 8.6.9. Rest of Europe

9. Middle East & Africa Digital Thread Market Size Estimates and Forecasts, By Segments, 2019-2032

• 9.1. Key Findings
• 9.2. By Technology (USD)
  • 9.2.1. Product Lifecycle Management (PLM)
  • 9.2.2. Computer-Aided Design (CAD)
  • 9.2.3. Computer-Aided Manufacturing (CAM)
  • 9.2.4. Application Lifecycle Management (ALM)
  • 9.2.5. Material Requirements Planning (MRP)
  • 9.2.6. Enterprise Resource Planning (ERP)
  • 9.2.7. Manufacturing Execution System (MES)
  • 9.2.8. Others (Industrial Sensor, SCADA, etc.)
• 9.3. By Module (USD)
  • 9.3.1. Data Management & Integration
  • 9.3.2. Connectivity and Interoperability
  • 9.3.3. Data Collection
  • 9.3.4. Analytics and Visualization
• 9.4. By Deployment (USD)
  • 9.4.1. On-Premises
  • 9.4.2. Cloud-Based
• 9.5. By End-User (USD)
  • 9.5.1. Automotive
  • 9.5.2. Energy and Utilities
  • 9.5.3. Consumer Electronics
  • 9.5.4. Industrial
  • 9.5.5. Medical Devices and Pharmaceuticals
  • 9.5.6. Aerospace and Defence
  • 9.5.7. Others (Marine, Chemicals, etc.)
• 9.6. By Country (USD)
  • 9.6.1. Turkey
    • 9.6.1.1. By End-User
  • 9.6.2. Israel
    • 9.6.2.1. By End-User
  • 9.6.3. GCC
    • 9.6.3.1. By End-User
  • 9.6.4. North Africa
    • 9.6.4.1. By End-User
  • 9.6.5. South Africa
    • 9.6.5.1. By End-User
  • 9.6.6. Rest of Middle East & Africa

10. Asia Pacific Digital Thread Market Size Estimates and Forecasts, By Segments, 2019-2032

• 10.1. Key Findings
• 10.2. By Technology (USD)
  • 10.2.1. Product Lifecycle Management (PLM)
  • 10.2.2. Computer-Aided Design (CAD)
  • 10.2.3. Computer-Aided Manufacturing (CAM)
  • 10.2.4. Application Lifecycle Management (ALM)
  • 10.2.5. Material Requirements Planning (MRP)
  • 10.2.6. Enterprise Resource Planning (ERP)
  • 10.2.7. Manufacturing Execution System (MES)
  • 10.2.8. Others (Industrial Sensor, SCADA, etc.)
• 10.3. By Module (USD)
  • 10.3.1. Data Management & Integration
  • 10.3.2. Connectivity and Interoperability
  • 10.3.3. Data Collection
  • 10.3.4. Analytics and Visualization
• 10.4. By Deployment (USD)
  • 10.4.1. On-Premises
  • 10.4.2. Cloud-Based
• 10.5. By End-User (USD)
  • 10.5.1. Automotive
  • 10.5.2. Energy and Utilities
  • 10.5.3. Consumer Electronics
  • 10.5.4. Industrial
  • 10.5.5. Medical Devices and Pharmaceuticals
  • 10.5.6. Aerospace and Defence
  • 10.5.7. Others (Marine, Chemicals, etc.)
• 10.6. By Country (USD)
  • 10.6.1. China
    • 10.6.1.1. By End-User
  • 10.6.2. Japan
    • 10.6.2.1. By End-User
  • 10.6.3. India
    • 10.6.3.1. By End-User
  • 10.6.4. South Korea
    • 10.6.4.1. By End-User
  • 10.6.5. ASEAN
    • 10.6.5.1. By End-User
  • 10.6.6. Oceania
    • 10.6.6.1. By End-User
  • 10.6.7. Rest of Asia Pacific

11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)

• 11.1. Siemens AG
  • 11.1.1. Overview
    • 11.1.1.1. Key Management
    • 11.1.1.2. Headquarters
    • 11.1.1.3. Offerings/Business Segments
  • 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.1.2.1. Employee Size
    • 11.1.2.2. Past and Current Revenue
    • 11.1.2.3. Geographical Share
    • 11.1.2.4. Business Segment Share
    • 11.1.2.5. Recent Developments
• 11.2. PTC, Inc.
  • 11.2.1. Overview
    • 11.2.1.1. Key Management
    • 11.2.1.2. Headquarters
    • 11.2.1.3. Offerings/Business Segments
  • 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.2.2.1. Employee Size
    • 11.2.2.2. Past and Current Revenue
    • 11.2.2.3. Geographical Share
    • 11.2.2.4. Business Segment Share
    • 11.2.2.5. Recent Developments
• 11.3. Dassault Systemes
  • 11.3.1. Overview
    • 11.3.1.1. Key Management
    • 11.3.1.2. Headquarters
    • 11.3.1.3. Offerings/Business Segments
  • 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.3.2.1. Employee Size
    • 11.3.2.2. Past and Current Revenue
    • 11.3.2.3. Geographical Share
    • 11.3.2.4. Business Segment Share
    • 11.3.2.5. Recent Developments
• 11.4. IBM Corporation
  • 11.4.1. Overview
    • 11.4.1.1. Key Management
    • 11.4.1.2. Headquarters
    • 11.4.1.3. Offerings/Business Segments
  • 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.4.2.1. Employee Size
    • 11.4.2.2. Past and Current Revenue
    • 11.4.2.3. Geographical Share
    • 11.4.2.4. Business Segment Share
    • 11.4.2.5. Recent Developments
• 11.5. SAP SE
  • 11.5.1. Overview
    • 11.5.1.1. Key Management
    • 11.5.1.2. Headquarters
    • 11.5.1.3. Offerings/Business Segments
  • 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.5.2.1. Employee Size
    • 11.5.2.2. Past and Current Revenue
    • 11.5.2.3. Geographical Share
    • 11.5.2.4. Business Segment Share
    • 11.5.2.5. Recent Developments
• 11.6. Rockwell Automation, Inc.
  • 11.6.1. Overview
    • 11.6.1.1. Key Management
    • 11.6.1.2. Headquarters
    • 11.6.1.3. Offerings/Business Segments
  • 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.6.2.1. Employee Size
    • 11.6.2.2. Past and Current Revenue
    • 11.6.2.3. Geographical Share
    • 11.6.2.4. Business Segment Share
    • 11.6.2.5. Recent Developments
• 11.7. Autodesk Inc.
  • 11.7.1. Overview
    • 11.7.1.1. Key Management
    • 11.7.1.2. Headquarters
    • 11.7.1.3. Offerings/Business Segments
  • 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.7.2.1. Employee Size
    • 11.7.2.2. Past and Current Revenue
    • 11.7.2.3. Geographical Share
    • 11.7.2.4. Business Segment Share
    • 11.7.2.5. Recent Developments
• 11.8. Oracle Corporation
  • 11.8.1. Overview
    • 11.8.1.1. Key Management
    • 11.8.1.2. Headquarters
    • 11.8.1.3. Offerings/Business Segments
  • 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.8.2.1. Employee Size
    • 11.8.2.2. Past and Current Revenue
    • 11.8.2.3. Geographical Share
    • 11.8.2.4. Business Segment Share
    • 11.8.2.5. Recent Developments
• 11.9. Aveva Group Limited
  • 11.9.1. Overview
    • 11.9.1.1. Key Management
    • 11.9.1.2. Headquarters
    • 11.9.1.3. Offerings/Business Segments
  • 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.9.2.1. Employee Size
    • 11.9.2.2. Past and Current Revenue
    • 11.9.2.3. Geographical Share
    • 11.9.2.4. Business Segment Share
    • 11.9.2.5. Recent Developments
• 11.10. Accenture
  • 11.10.1. Overview
    • 11.10.1.1. Key Management
    • 11.10.1.2. Headquarters
    • 11.10.1.3. Offerings/Business Segments
  • 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.10.2.1. Employee Size
    • 11.10.2.2. Past and Current Revenue
    • 11.10.2.3. Geographical Share
    • 11.10.2.4. Business Segment Share
    • 11.10.2.5. Recent Developments

12. Key Takeaways