Connect with us

Artificial Intelligence

World Winter Sports (Beijing) Expo 2023 Opened, Forging Ahead in the Post-Olympic Era




The World Winter Sports (Beijing) Expo 2023 (WWSE) kicked off with its Opening Ceremony & Main Conference on September 15, 2023, at the Shougang Park, Beijing. This three-day event revolved around the theme of “Forging Ahead”. With exhibitions, forums, and supporting activities, the WWSE aims to drive the development of winter sports, facilitate international exchanges in the ice and snow industry, and continuously enhance the industry’s value. The organizer behind this grand event is Asia Digital Group.

Highlighting internationalization, specialization, and popularization as usual, this edition of WWSE has further strengthened the integration of global ice and snow resources. Over 450 brands from more than 20 countries and regions, including AustriaItalyCanadaNew ZealandFranceJapan, and Slovenia, showcased their captivating ice and snow offerings.

The first day of the WWSE witnessed the presence of dignitaries who delivered speeches during the Opening Ceremony & Main Conference. Notable guests included Thomas Bach, President of the International Olympic Committee (IOC), Chang Wei, Secretary of the CPC Shijingshan District Committee of Beijing Municipality, Ivo Ferriani, Member of the IOC Executive Board, and President of the Association of International Olympic Winter Sports Federations (AIOWF), the SportAccord and the International Bobsleigh and Skeleton Federation, among others.

IOC President Thomas Bach expressed that the Shougang Park, the venue for this WWSE, is one of the most iconic venues of the 2022 Beijing Olympic Winter Games and an excellent example of the sustainable development and transformation of Olympic legacies. The hosting of this expo will take the legacy of the Beijing 2022 to new heights and provide an excellent opportunity to outline the development direction of winter sports in China and the world at large.

Secretary Chang Wei stated that Shijingshan has capitalized on the significant historical opportunity presented by the Beijing Olympic Winter Games. It has become the first demonstration district in China in terms of involving 300 million people in winter sports and as well a district that has embraced both the Olympic Summer and Winter Games. In the post-Winter Olympic era, Shijingshan will enhance its efforts to preserve the legacies of the Olympics and drive innovation in the ice and snow industry. By leveraging this remarkable event in the ice and snow industry, Shijingshan will continue to flourish as a fashionable emerging sports hub with focus on the ice and snow sector.

President Ivo Ferriani emphasized that the Beijing Olympic Winter Games have achieved remarkable results and it is crucial to advance the sustainable development of winter sports in the post-Winter Olympic era. Firstly, substantial investments are needed in popularizing ice and snow activities and nurturing the next generation of athletes in winter sports. Secondly, there should be enhanced funding for winter sports infrastructure. Additionally, a strong focus should be placed on environmental responsibility, including the adoption of renewable energy sources.

Furthermore, video keynote speeches were delivered by President of the International Luge Federation Einars Fogelis, President of the International Ski Federation Johan Eliasch, President of the International Ice Hockey Federation Luc Tardif, President of the World Curling Federation Beau Welling, and President of the International Biathlon Union Olle Dahlin.

In recent years, China and Italy have fostered fruitful exchange in their preparations for the Olympic Winter Games, resulting in notable achievements in sports collaboration, economic and trade cooperation, and academic exchanges centered around the Games. During the event, Valerio Malfatto, Founder of the Jam Session Ski Academy in Italy, Italian National Coach, and Celebrity with Over One Million Followers, delivered an inspiring speech titled “2022-2026 Olympic Winter Games, Strengthening the Bond Between China and Italy Through Sport”. In his address, he introduced Italy’s ski resorts and destinations and its advancements in skiing technology, presented its initiatives for the 2022-2026 period, and expressed his heartfelt desire for a deeper connection between China and Italy in terms of the Olympic Winter Games.

A summit dialogue on Green Development and Social Responsibilities of Winter Sports Industry was held on-site, with Zhang Li, Executive Vice President of Asia Digital Group, as the moderator. It involved such distinguished guests as Günther Platter, Former Austrian Interior Minister and Defence Minister and Former Governor of Tyrol, Yang Yang, First Gold Medallist for China at the Olympic Winter Games, Member of the Committee on Education, Science, Health and Sport of the National Committee of the CPPCC, and Vice President of the World Anti-Doping Agency, Gianpaolo Bruno, Chief Representative of the Beijing Office of the Italian Foreign Trade Commission and General Coordinator of China and MongoliaDaniela Chiani, Director for Greater China of the Switzerland Tourism, Zhao Yinggang, Chairman of the China Sled Association, Deputy Director of the Sustainable Development Committee of the BOCOG, and Winner of the Chinese Olympic Gold Medal, and Tong Jian, World Champion in Figure Skating.

During the summit dialogue, Mr. Günther Platter emphasized the need for the ice and snow industry to prioritize green technology innovation. He urged for better education of citizens and encouraged public investments in green solutions to foster long-term sustainable development.

Ms. Yang Yang highlighted the potential of leveraging sports to foster a harmonious coexistence between people and nature, while promoting the widespread participation in winter sports. She emphasized the necessity for enterprises to drive the development of the ice and snow industry through a focus on the principles of green economy, green sports, and green ice and snow.

Chairman Zhao Yinggang shared important insights on the green development of the ice and snow industry. Firstly, it’s necessary to maintain public participation in winter sports. Secondly, green standards for venue construction and operation need to be established following the Olympic Winter Games. Thirdly, China’s economic transformation can be accelerated through winter sports competitions and ice and snow tourism. Fourthly, a favourable platform needs to be built for international and domestic industry exchange and high-tech cooperation in the field of environmentally-friendly ice and snow activities.

Chief Representative Gianpaolo Bruno presented key principles and directions of Italy’s green development strategy. These include preserving natural resources, safeguarding the environment for future generations while unlocking economic potential, and promoting the use of renewable energy in the ice and snow industry.

Director Daniela Chiani outlined Switzerland’s development proposal to advance the “Sustainable Switzerland” initiative within the ice and snow industry, which  emphasizes striking a balance between environmental, social, and economic progress, and integrating all stakeholders towards sustainable tourism and winter sports.

World Champion Tong Jian emphasized that sustainable and green development in the ice and snow industry should prioritize people-oriented principles. This entails exploring opportunities for long-term involvement of non-athletic talents and enthusiasts, facilitating professional transitions for athletes after retirement, and harnessing the cultural empowerment of winter sports.

WWSE 2023 has continued to uphold the platform advantages of being the pioneering global expo in the ice and snow industry, offering continuous support for the development of winter sports. In this context, the Global Ice and Snow Industry Alliance has emerged as a key initiative. The establishment ceremony of the alliance was held at the Main Conference, signifying its commitment to connecting resources throughout the entire industry chain. The alliance aims to achieve linkage between various sectors and foster resource sharing. In addition, it serves as a crucial bridge between production, supply, and sales enterprises within the industry.

In the afternoon of September 15, a distinguished group of individuals were present and delivered speeches. Among them were Ge Jun, Deputy Director of the Beijing Municipal Bureau of Sports, Li Xianxia, Executive Deputy Mayor of Shijingshan District and Member of the Standing Committee of the CPC Shijingshan District Committee of Beijing Municipality, Zheng Fang, Professor of Hundred Excellent Talents Project of Beijing Jiaotong University, and Chief Designer of the National Speed Skating Hall and the Curling Arena in the National Aquatics Center, Xing Xiaoyan, Professor and Doctoral Supervisor of Capital University of Physical Education and Sports, Lu Peng, CEO of Sunac China and President of BONSKI, and Michael Mayr, Sales Director of Italian TechnoAlpin Group in Asia, and Zhang Li, Executive Vice President of Asia Digital Group.

In his speech, Deputy Director Ge Jun highlighted the benefits of winter sports. He emphasized that these sports not only showcase the immense physical challenges they entail but also play a significant role in promoting healthy lifestyles and fostering social and cultural development. The cold resources in the ice and snow industry are being transformed into a thriving sector. As the world’s first dual Olympic city, Beijing is committed to further enhancing the participation and satisfaction of its citizens in winter sports. Moreover, Beijing aims to maintain close collaboration with both domestic and international ice and snow enterprises and institutions in order to stimulate the growth of ice and snow tourism as well as facilitate cultural exchange initiatives.

Executive Deputy Mayor Li Xianxia of Shijingshan District delivered a comprehensive introduction on the consistent progress achieved in the ice and snow industry and the consequential enhancement of regional economic growth within the dual Olympic district. He elaborated on several key aspects, including the development of iconic urban landmarks, the pattern of industrial openness, innovation within the ice and snow industry, and the investment environment. He emphasized the imperative utilization of the legacies left by the Olympic Winter Games in Shijingshan, stressing that the present moment presents a favourable opportunity for economic transformation. Furthermore, he highlighted limitless opportunities existing in the fertile land of West Beijing. He extended a call to action, urging global industry leaders to collaborate in shaping a promising future beyond the Olympic Winter Games, working hand in hand towards this shared goal.

In his keynote speech titled “Low Carbon Ice and Snow Venues in Technology-Empowered Olympic Winter Games”, Prof. Zheng Fang shared valuable insights into the construction and operation of ice and snow venues. From a professional standpoint, he provided a series of advanced examples that demonstrate the implementation of low-carbon concepts in the construction and subsequent operation of venues for the Beijing 2022. The focus on hosting carbon-neutral Games has led to significant changes in Beijing’s urban construction and development philosophy. As winter sports continue to develop, ice and snow venues are playing a crucial role in the “dual carbon” goal. They have taken on an important mission to contribute to reducing carbon emissions and promoting sustainability. It is hoped that the successful demonstration of low-carbon cities and future smart cities during the Beijing 2022 will offer valuable assistance and inspiration for sustainable urban construction in the post-Winter Olympic period as well as the advancement of environmentally friendly and green technologies for ice and snow venues.

Prof. Xing Xiaoyan delivered a keynote speech titled “Beijing Olympic Winter Games and Participation of College Student Volunteers in Winter Sports“. Drawing upon relevant research data, she elucidated the positive  influenceof the Games on the sports engagement and health of Chinese college students. The hosting of the Games has yielded remarkable improvement in the health of college students, showcasing a notable degree of sustainability. Moreover, the Games have exerted a profound promoting effect on non-sports college student volunteers, demonstrating their potential to inspire a greater engagement in winter sports. The atmosphere during the volunteer service period of the Games has attracted certain groups to embrace and actively participate in winter sports.

President Lu Peng of BONSKI delivered an exceptional speech around “Promoting the Popularization of Skiing in China and the High-Quality Development of the Industry”. BONSKI, through its brand operation, has successfully brought skiing to urban areas and fostered the growth of the industry. Its vision is to extend ski resorts from indoor facilities to outdoor vacation destinations, while leveraging education and competitions to drive the widespread adoption of skiing. This endeavour aims to facilitate a profound integration of ice and snow activities within the Chinese society. A high-quality skiing lifestyle not only demonstrates the spirit of progress but also gives rise to new aspirations for a better life.

Sales Director Michael Mayr of Italian TechnoAlpin Group in Asia delivered a wonderful speech on “Innovation in Ice and Snow Equipment Technology Facilitating Industry Development”. The skiing industry in China holds immense growth potential, and TechnoAlpin, as an equipment provider, is dedicated to delivering top-notch snow quality, ensuring extended availability duration, promoting environmentally friendly and efficient snowmaking systems, as well as aiding ski resorts in reducing costs and operational expenses. TechnoAlpin employs software to connect all its systems, enabling comprehensive automated teaching management and maximizing the efficiency of ski resort operations.

China’s ice and snow economy is currently experiencing a remarkable period of growth, driven by the strategic objective of involving 300 million individuals in winter sports. Executive Vice President Zhang Li of Asia Digital Group released the “Report on the Development of China’s Ice and Snow Industry (2023)” during the event. The report outlines the key developments and changes within the ice and snow industry during 2022. A notable development is the substantial growth of ice and snow tourism, which can be attributed to the increasing number of consumers showing interest in winter activities. In addition, the ice and snow manufacturing industry has experienced rapid growth, thanks to favourable policies. Looking ahead to 2023, the report identifies key areas for high growth in the industry, including ice and snow consumption, digital ice and snow technologies, and cross-border integration.

In the concluding segment of the Main Conference, Prof. Xing Xiaoyan led a roundtable discussion on the Socioeconomic Effects of Winter Sports. Esteemed guests participating in the discussion included Zhang Guihai, Director of Heilongjiang Province Ice and Snow Industry Research Institute, and Professor and Doctoral Supervisor at Harbin Sport University, Wang Bingyu, World Champion in Curling, Xiong Xiaojie, Chairman of Times Culture & Tourism, Author of “Xiong Xiaojie Talks About Culture and Tourism”, and Consultant to the Advertising Department of CCTV, and Peng Yuanyuan, Director of People’s Winter Sports and People’s Sports at People’s Daily Online.

During the discussion, Prof. Zhang Guihai emphasized that Heilongjiang Province has taken the lead in formulating a post-Winter Olympics development plan for the ice and snow industry. He expressed his belief that the ice and snow industry will serve as a new driving force for the revitalization of the ice and snow economy in Heilongjiang, as well as for Northeast China as a whole, following the conclusion of the Games. Curling World Champion Wang Bingyu underlined the social and diplomatic significance of sports. She highlighted that sports, particularly winter sports, provide an excellent platform for young people to foster friendships and facilitate exchanges between different countries and ethnic groups.

Chairman Xiong Xiaojie of Times Culture & Tourism provided analysis on the tourism impacts of ice and snow from two perspectives: ice and snow sports, and ice and snow lifestyle. He highlighted the growing influence of sports such as skiing and skating, particularly among young people, which has ignited social media and sparked a surge in winter sports participation. Additionally, the experiences, emotions, visual appeal, and interactive nature associated with ice and snow activities are contributing to the development of a new lifestyle and a new scene within the realm of culture and tourism. Consequently, both winter sports and the ice and snow lifestyle are poised to become significant catalysts for the development of culture and tourism.

Director Peng Yuanyuan shared reports on the technology-empowered Olympic Winter Games, emphasizing the fusion of winter sports and social interaction. This harmonious blend effectively mirrors the character of the people, enabling the public to actively participate in these activities and experience a sense of joy, which is considered a fundamental need of social interaction.

During the Opening Ceremony, a group of officials and leaders visited the exhibition and spoke highly of the preparations. Among the attendees were Chang Wei, Secretary of the CPC Shijingshan District Committee of Beijing Municipality, Li Xin, Mayor of Shijingshan District and Deputy Secretary of the CPC Shijingshan District Committee of Beijing Municipality, Wang Zhiyong, Deputy Mayor of Shijingshan District, Shi Fenghua, Deputy Director of the Beijing Municipal Bureau of Sports, Ge Jun, Deputy Director of the Beijing Municipal Bureau of Sports, Ivo Ferriani, Member of the IOC Executive Board, and President of the Association of International Olympic Winter Sports Federations (AIOWF), the SportAccord and the International Bobsleigh and Skeleton Federation, and Zhao Yinggang, Chairman of the China Sled Association, Deputy Director of the Sustainable Development Committee of the BOCOG, and Winner of the Chinese Olympic Gold Medal. They mainly visited the booths for AustriaItaly, TechnoAlpin Group, Yanqing District, Yulin City, Shijingshan District, and BONSKI. Those accompanying them were President Zhu Dongfang and Executive Vice President Zhang Li of Asia Digital Group, among others.

Popularizing Winter Sports Through Exhibitions to Facilitate the Development of the Ice and Snow Industry

This WWSE boasts a vast exhibition area spanning nearly 20,000 square meters. It has successfully attracted both domestic and international exhibitors, including international winter sports federations, event venues, ice and snow countries, winter sports facilities, equipment brands, and winter sports destinations. This diverse array of exhibitors ensures that visitors can enjoy a wide range of displays and fresh experience.

The Pavilion for Ice and Snow Countries showcased a splendid collection of ice and snow powers, international winter sports federations, government organizations, event venues, leading winter sports manufacturers, renowned clothing brands, ski resorts, and training systems. Countries like ItalyAustria, and other influential players in the field of ice and snow presented their abundant offerings of ice and snow products and deep-rooted ice and snow culture through their well-established brands. This provides visitors with a remarkable opportunity to intimately experience the allure of these ice and snow powerhouses.

The Winter & Alpine Technology exhibition area displayed a wide range of large hardware equipment, including snowmobiles, cableways, magic carpets, snowmakers, snow groomers, and snowplows. It also featured renowned winter sports equipment, indoor ice and snow technology, roller skating and dry skiing equipment, clothing brands, and ice and snow incubation. TechnoAlpin Group presented equipment specifically designed for large-scale ice and snow events, creating captivating snow drift scenes that demonstrated their impressive technical prowess and innovative technologies.

The Pavilion for Ice and Snow Provinces and Cities served as a comprehensive platform for showcasing China’s winter sports provinces and cities, as well as highlighting the robust ice and snow economy. Booths representing Yanqing, Shijingshan, Shougang, and Yulin offered a display of abundant ice and snow resources and the latest accomplishments in this sector. The Yanqing booth presented venue construction and event planning in the post-Winter Olympic era. Besides, exceptional enterprises from Yanqing showcased cutting-edge sports technologies. At the Shougang booth, visitors experienced innovative ice and snow consumption scenarios that emphasized the sustainable utilization of Olympic Winter Games legacies. Cold resources within the ice and snow industry have been transformed into a thriving sector. The Yulin booth, featuring renowned enterprises like Seven Sheep and Sheep Leader, showcased the wool and cashmere industry with local characteristics.

The Winter Tourism Destinations exhibition area showcased a wide range of domestic and international ski resorts, holiday resorts, signature towns, travel agencies, clubs, ice and snow events, and winter tourism resources. It presented a diverse landscape of ice and snow cities, offering rich experience of ice and snow culture and tourism. Among them, BONSKI displayed the latest ice and snow service scenarios and innovative models, including indoor and outdoor skiing and youth ice and snow campsites. Heilongjiang Ice and Snow showed its own resource advantages by presenting high-quality ice and snow tourism products and ice and snow consumption scenarios with various highlights. Yulan Sports Base introduced exciting sports and new experiences such as all-terrain vehicles, kayaking, stand-up paddleboarding, electric surfboarding, and rescue rafting.

The Personal Winter Sports Equipment exhibition area featured a wide range of winter sports apparel and equipment, protective wearable devices, winter sports accessories, and intelligent hardware. Gee Cool introduced a comprehensive service platform that covers 17 popular sports including skiing, skateboarding, cycling, and surfing. It provides users with essential functions such as artificial intelligence sports assistants and venue recommendations. Senlinxue showcased its notable accomplishments in ski resort design, equipment supply, and the operation and management of scenic areas.

The Ice and Snow Carnival offered a wide array of ice and snow events, themed displays, and unique experiential activities, providing viewers with an up-close experience of the charm of winter sports and ice and snow culture. The event brought together ice and snow brands, enthusiasts, and models to create a spectacular ice and snow fashion feast. Energetic models showcased innovative and captivating winter sports clothing, featuring the latest designs from renowned domestic and international ice and snow brands such as WILDSNOW, Konquer, PROPRO Sports, and HEE KA LEE. Yulin presented an exclusive themed show featuring eight outstanding enterprises, captivating a large number of stop-and-watch spectators.

Enhancing the Industry’s Development Through Forums to Deliver Better Results in the Post-Winter Olympic Era

This year WWSE has organized the Olympic City Development Forum, the International Sports, Culture, and Tourism Development Industry Forum, the International Ice and Snow Industry Development Forum, and the Personal Sports Equipment Industry Forum. These four sub-forums work in tandem with the Main Conference/Forum, effectively promoting the integration and high-quality advancement of the sports industry.

In addition to exhibitions and forums, this WWSE remains committed to organizing a diverse range of activities in different formats, focusing on two main objectives: advancing the ice and snow industry and popularizing winter sports. Among these activities were the Winter Sports Industry TOP Awards Selection, the Canada Winter Sports Promotion Conference, the Promotion Conference for Enterprises and New Products, the Signing Ceremony for Strategic Cooperation at the WWSE, the JSSA Skiing Seminar and the Signing Ceremony for Strategic Cooperation in Winter Sports Tourism. By organizing these diverse activities, the WWSE provides a valuable platform for the development of the sports industry in the post-Winter Olympics era to further facilitate mutual benefits in global sports services trade.

The Cloud WWSE, equipped with modern information technology, will persist in its endeavours. Throughout 2023, a series of online events, including Online Exhibitions, Online Forums, Online Activities, and Online Docking, will be organized. These initiatives aim to facilitate the signing and implementation of key projects within the ice and snow industry while establishing an ongoing exchange platform for the WWSE.

Being the pioneering expo in the global ice and snow industry, WWSE 2023 has further enhanced communication and cooperation within the sector. It has played a crucial role in leading the exploration of the ice and snow industry, innovating exchange and cooperation models, creating unique ice and snow consumption scenarios, and continuously invigorating the vitality of the industry. Furthermore, as an essential economic legacy of the Olympics, its successful hosting will accelerate the transformation and development of Shijingshan District in the post-Winter Olympic era. It will facilitate the establishment of an economic circle for the ice and snow industry, further enhancing the reputation of Shijingshan as a dual Olympic district.

Artificial Intelligence

Hohem Shines at IFA and IBC Exhibitions with Innovative AI Tracking Stabilizers




SHENZHEN, China, Sept. 30, 2023 /PRNewswire/ — Recently, Hohem, a trailblazer in the gimbal market, showcased its innovation at two renowned international exhibitions – the IFA exhibition in Berlin from September 3 to September 5, and the IBC exhibition in Amsterdam from September 15 to September 18. These exhibitions are significant platforms for industry players to present their latest innovations and connect with enthusiasts.

The IFA exhibition, a global hub for consumer electronics, saw Hohem presenting a range of sought-after smartphone gimbal and camera stabilizers, such as iSteady M6 and iSteady MT2. The magnetic AI tracker is much to the delight of photography enthusiasts. With this sensor, users can enjoy a smooth AI tracking experience without the need for an app or Bluetooth connection. By simply facing the AI sensor and making gestures, iSteady MT2 and iSteady M6 swiftly and accurately tracks the subject, capturing facial and body movements even in challenging scenarios.
At IFA, Hohem shared the stage with industry giants like DJI, Zhiyun, Huawei and Apple, underlining its position amidst renowned brands in the smart imaging arena. The booth design, characterized by a blend of deep black and vibrant orange, was a visual treat, adding a touch of sophistication and modernity.
Following IFA, Hohem participated in the IBC exhibition, a prestigious event in the broadcasting industry. The booth, mirroring the design theme from IFA, presented Hohem’s innovative applications of smart imaging technology in broadcasting. This event also featured industry stalwarts like Canon, Sony and Nikon, further enriching the discourse on broadcasting technology and imaging. Furthermore, the Hohem MIC-01 Wireless Microphone has received recognition and acknowledgment from industry competitors, establishing Hohem as a key player in the gimbal market.
In the coming days, Hohem will continue to uphold its brand mission of “Create a more straightforward way of recording memorable moments with tech” and introduce more user-friendly and efficient smart imaging devices. Hohem aspires to earn the trust and admiration of consumers globally, emerging as a go-to brand in the smart imaging landscape.
Photo – –

View original content:

Continue Reading

Artificial Intelligence

Digital Twin Market size worth USD 133.7 Billion, Globally, by 2030 at 38.1% CAGR: Verified Market Research®




The “Global Digital Twin Market Size By Type, By Technology, By Industry, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Digital Twin Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., Sept. 29, 2023 /PRNewswire/ — The Global Digital Twin Market is projected to grow at a CAGR of 38.1% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 7.2 Billion in 2022 and is expected to reach USD 133.7 Billion by the end of the forecast period.

Download PDF Brochure:
Browse in-depth TOC on “Digital Twin Market”
202 – Pages
126 – Tables
37 – Figures
Global Digital Twin Market Sees Unprecedented Growth Amidst Pandemic Challenges
The global Digital Twin Market is experiencing remarkable growth, transforming industries and revolutionizing decision-making processes across the board. A Digital Twin, a virtual replication of physical entities or systems, is driving innovation and operational efficiency across healthcare, pharmaceuticals, automotive, transportation, and aerospace sectors.
Digital Twin Market Drivers and Industry Insights:
Amid the challenges posed by the COVID-19 pandemic, the healthcare and pharmaceutical sectors have embraced Digital Twin technology, leveraging its capabilities for drug experimentation, patient monitoring, and medication impact assessments. The energy & power sector is emerging as a significant driver of Digital Twin adoption, with the manufacturing industry optimizing operations through its integration.
Digital Twin Market Outlook and Future Prospects:
The global Digital Twin market’s outlook remains promising, driven by the imperative need for data-driven decision-making and enhanced operational efficiency. Through real-time data analysis and predictive modeling, Digital Twins enable organizations to anticipate and optimize the performance of products and processes throughout their lifecycle. The market’s growth is further propelled by ongoing advancements in technology, fostering a landscape of innovation and strategic collaborations.
North America stands at the forefront of the Digital Twin revolution, serving as a key innovation center and early adopter of Digital Twins and associated technologies. Major industry players, including General Electric (US), have significantly invested in the sector, underlining the region’s market leadership. Their contributions are shaping the industry’s future, driving research, and fostering advancements that will redefine how businesses operate in the digital age.
Digital Twin Market Key Players
The “Global Digital Twin Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Swim AI, Robert Bosch, Oracle, SAP, Ansys, Siemens AG, Microsoft Corporation, PTC, IBM, and General Electric.
The Digital Twin market represents a pivotal shift in how industries approach decision-making and operational efficiency. As we navigate the challenges brought forth by the pandemic, Digital Twins offer a beacon of innovation, enabling organizations to thrive in an increasingly digital world
To get market data, market insights, financial statements and a comprehensive analysis of the Global Digital Twin Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Digital Twin Market into Type, Technology, Industry, And Geography.
Digital Twin Market, by Typeo  System Digital Twin
o  Process Digital twin
o  Product Digital Twin
Digital Twin Market, by Technologyo  Big Data Analytics
o  5G
o  AR, VR, and MR
o  AI and ML
o  Blockchain
Digital Twin Market, by Industryo  Retail
o  Telecommunication
o  Agriculture
o  Healthcare
o  Automotive and Transportation
o  Others
Digital Twin Market, by Geographyo  North America
U.SCanadaMexicoo  Europe
GermanyFranceU.KRest of Europeo  Asia Pacific
ChinaJapanIndiaRest of Asia Pacifico  ROW
Middle East & AfricaLatin AmericaBrowse Related Reports:
Digital Intelligence Platform Market By Component (Analytics, Data Management), By Vertical (Retail And E-commerce, Travel And Hospitality), By Touchpoint (Web, Mobile, E-Mail), By Geography, And Forecast
Digital Twin In Finance Market By Offering Type (Platforms And Solutions, Services), By Application Type (BFSI, Transport And Other Logistics, Healthcare, Manufacturing), By Geography, And Forecast
Digital Twin Technology Market By End-User (Manufacturing Process Planning and Product Design), By Application (Automotive, Aviation, Chemical, Healthcare), By Geography, And Forecast
Digital Accessibility Software Market By Product (Color Contrast Checker Software, Website Accessibility Software), By Application (Large Enterprises, SME’s), By Geography, And Forecast
Best Business Process Automation Software revitalizing business operations
Visualize Digital Twin Market using Verified Market Intelligence:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
Contact UsMr. Edwyne FernandesVerified Market Research®US: +1 (650)-781-4080US Toll Free: +1 (800)-782-1768Email: [email protected]:
Follow Us: LinkedIn | Twitter
Logo –

View original content:

Continue Reading

Artificial Intelligence

Public Key Infrastructure (PKI) Market worth $13.8 billion by 2028 – Exclusive Report by MarketsandMarkets™




PKI will continue to be used by organisations for secure digital communications, identity management, and data protection in an increasingly linked and digitised world because to its flexibility to adapt to new technologies and security issues
CHICAGO, Sept. 29, 2023 /PRNewswire/ — The global Public Key Infrastructure Market is estimated to be worth USD 5.5 billion in 2023 and is projected to reach USD 13.8 billion by 2028, at a CAGR of 20.2% during the forecast period, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “Public Key Infrastructure (PKI) Market”
358 – Tables 56 – Figures300 – Pages
Download PDF Brochure @
Scope of the Report
Report Metrics
Market size available for years
Base year considered
Forecast period
Forecast units
Value (USD) Million/Billion
Segments Covered
By offering, deployment mode, organization size, application, and vertical
Region covered
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America
Companies covered
Thales (France), Entrust Datacard (US), DigiCert (US), ManageEngine (US), Microsoft (US), HID Global (US), Google (US), AWS (US), AppViewX (US), Venafi (US), Nexus (Sweden), Sectigo (US), Futurex (US), GlobalSign (US), WISeKey (Switzerland), Cygnacom Solutions (US), Keyfactor (US), SECARDEO GmbH (Germany), Blue Ridge Networks (US), Softlock (Egypt), (US), LAWtrust (South Africa), SecureMetric (Malaysia), Stormshield (France), and Enigma Information Security Systems (US)
The PKI market is being propelled by a convergence of factors in today’s digitally connected world. The escalating volume and complexity of cyberattacks have made robust security a paramount concern for organizations, prompting increased demand for PKI’s encryption, authentication, and digital signature capabilities. Secondly, regulatory compliance requirements, such as GDPR and HIPAA, mandate secure data handling and encryption, compelling organizations to adopt PKI solutions. The rise of digital transformation initiatives, remote work, and the Internet of Things further fuel the need for PKI to safeguard digital interactions, protect sensitive data, and establish trust in online transactions. As the digital landscape continues to expand and evolve, PKI remains the linchpin for ensuring cybersecurity, making it a pivotal driver in the cybersecurity market.
Request Sample Pages @
By offering, the services segment to register the highest growth rate during the forecast period
The services segment of the PKI market is poised to register the highest growth rate during the forecast period, underlining the critical role of expert services in enabling organizations to harness the full potential of PKI solutions. Implementing and managing PKI can be complex, involving intricate cryptographic processes and security considerations. As cybersecurity threats evolve, organizations recognize the need for specialized expertise in securing digital identities and data. PKI service providers offer invaluable support, consultation, and implementation services to ensure a seamless and secure PKI deployment. Their role extends to customizing PKI solutions to align with the unique infrastructure of each organization, integrating PKI seamlessly into existing systems, and providing managed PKI services to streamline certificate management. Furthermore, PKI service providers play a vital role in ensuring compliance with stringent regulatory standards and industry best practices. Their training and support services empower organizations to maximize the benefits of PKI while maintaining the highest levels of security.
Based on vertical, the healthcare segment is to grow at the highest CAGR during the forecast period
The healthcare sector is poised to experience the highest compound annual growth rate within the PKI market during the forecast period, signaling a significant shift towards robust security and digital trust solutions. Several key factors contribute to this remarkable growth trajectory. The healthcare sector deals with highly sensitive patient data, making data security and patient privacy paramount concerns. PKI’s encryption and authentication capabilities provide a robust framework for safeguarding electronic health records, ensuring the integrity of medical data, and enabling secure sharing of patient information among healthcare providers. The COVID-19 pandemic has accelerated the adoption of telemedicine and remote healthcare services. The need for secure and trusted digital identities and communications has surged as the healthcare industry increasingly relies on digital platforms for remote consultations, diagnosis, and patient monitoring. PKI plays a pivotal role in enabling secure telehealth services, ensuring that patient data remains confidential and unaltered during remote interactions.
North America to hold the largest market share during the forecast period.
North America holds the largest market share during the forecast period in the PKI market, underscoring the region’s strong emphasis on cybersecurity, digital innovation, and regulatory compliance. North America is home to many enterprises, financial institutions, healthcare organizations, and government agencies, all of which rely heavily on robust cybersecurity solutions like PKI to protect sensitive data and ensure secure online transactions. The region’s recognition of PKI as a fundamental element of cybersecurity strategy drives its substantial market share. The United States, in particular, has a highly developed cybersecurity ecosystem, with numerous cybersecurity companies, research institutions, and government initiatives focused on enhancing digital security. This environment fosters innovation and adoption of advanced PKI solutions to address emerging threats.
Top Key Companies in Public Key Infrastructure (PKI) Market:
The major players in the Public Key Infrastructure Market are Thales (France), Entrust Datacard (US), DigiCert (US), ManageEngine (US), Microsoft (US), HID Global (US), Google (US), AWS (US), AppViewX (US), Venafi (US), Nexus (Sweden), Sectigo (US), Futurex (US), GlobalSign (US), WISeKey (Switzerland), Cygnacom Solutions (US), Keyfactor (US), SECARDEO GmbH (Germany), Blue Ridge Networks (US), Softlock (Egypt), (US), LAWtrust (South Africa), SecureMetric (Malaysia), Stormshield (France), and Enigma Information Security Systems (US).
Recent Developments
April 2023 – Thales adds new phishing-resistant hybrid authenticators to its Passwordless Authentication for Microsoft Azure Active Directory Customers offering.April 2023 – Entrust Introduces Zero Trust Ready Solutions for Multi-Cloud Key Compliance, Next-Generation HSM, and Passwordless AuthenticationJanuary 2023 – A comprehensive digital trust system that combines public key infrastructure (PKI), certificate management, and certificate authority (CA) services was introduced by DigiCert. A significant product launch is Trust Lifecycle Manager, which is currently accessible as a component of the DigiCert ONE platform.February 2022 – To increase public trust in the cloud, Thales announced the continuation of its cooperation with Google Cloud. Organizations can confidently use the Google Cloud Platform (GCP) if the connection is stronger. The technique known as ubiquitous data encryption, which combines Thales’ Cypher Trust Cloud Key Manager and Google Cloud’s Confidential Computing, is activated. Customers can create and manage the encryption keys for data sent to Google Confidential Cloud Computing using the Thales Cypher Trust Data Security Gateway.Inquire Before Buying @
Public Key Infrastructure (PKI) Market Advantages:
Using cryptographic techniques to shield data from unauthorised access and manipulation, PKI offers a solid framework for protecting digital communications and transactions.Sensitive data is kept private and secure during transmission and storage because to PKI’s data encryption capabilities.Organisations are able to confirm the identity of users and devices before authorising access to sensitive resources thanks to PKI, which enables secure user and device authentication.Digital signatures can be created and verified with PKI, protecting the integrity and legitimacy of electronic documents and transactions.PKI offers non-repudiation, which makes it impossible for participants to claim they were not involved in a transaction because digital signatures serve as evidence of validity.Through techniques like S/MIME (encrypt/Multipurpose Internet Mail Extensions), PKI can encrypt email connections and protect the confidentiality and integrity of email information.Organisations can authorise access to systems and data based on certificate validation using PKI-based access controls, which provides an additional layer of protection.By issuing and managing digital certificates, PKI facilitates identity management by streamlining user access and account management.PKI offers a secure framework for data protection and identity verification, assisting organisations in adhering to legal and compliance standards.Report Objectives:
To define, describe, and forecast the Public Key Infrastructure Market based on segments based on offering, deployment mode, organization size, application, and vertical with regions covered.To forecast the size of the market segments with respect to five regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.To provide detailed information on the major factors (drivers, opportunities, threats, and challenges) influencing the growth of the Public Key Infrastructure Market.To analyze each submarket with respect to individual growth trends, prospects, and contributions to the global Public Key Infrastructure Market.To analyze opportunities in the market for stakeholders by identifying high-growth segments of the global Public Key Infrastructure Market.To profile the key market players, such as top and emerging vendors; provide a comparative analysis based on their business overviews, product offerings, and business strategies; and illustrate the market’s competitive landscape.To track and analyze competitive developments in the market, such as new product launches, product enhancements, partnerships, acquisitions, and agreements and collaborations.Browse Adjacent Market: Information Security Market Research Reports & Consulting
Browse Other Reports:
Zero-Trust Security Market – Global Forecast to 2028
AML Market – Global Forecast to 2028
Cloud Security Market – Global Forecast to 2028
Managed Security Services Market – Global Forecast to 2027
Emotion Detection and Recognition Market – Global Forecast to 2027
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Insight: Our Website: Source:

View original content:—exclusive-report-by-marketsandmarkets-301942813.html

Continue Reading

Latest News