As of 2022, the global market for digital twins was valued at $11.12 billion — and experts estimate an impressive annual growth rate of 37.5% from 2023 to 2030.
Digital twins help connect the physical and virtual worlds, allowing workers to timely identify when things need fixing, work more efficiently, and create less waste. So, embracing the potential of digital twins is a crucial move as the logistics sector steps into the new Industry 5.0 era.