Challenges, Risks, and Mitigation Strategies in the Digital Twin Market
Introduction: Balancing Opportunity and Risk The digital twin market is expanding rapidly, driven by AI, IoT, cloud computing, and predictive analytics, with projections showing growth from US$ 10.30 billion in 2023 to US$ 140.93 billion by 2031 at a CAGR of 38.7%. Despite the tremendous potential, enterprises face several challenges and risks when deploying...
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