In data: digital twin patents exceeded 1,600 publications in 2023 [Yahoo! Finance]
GE Aerospace (GE)
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Source: Yahoo! Finance
GlobalData's patent analytics database revealed that digital twin patents increased from under 200 in 2019 to more than 1,000 by 2022, signalling significant growing interest in the technology. The most frequent publishers of patents were industrial automation companies such as Siemens, General Electric, Honeywell and Rockwell Automation. Between 2016 and 2023, the US was the country with the highest number of digital twin patent publications, accumulating nearly 3,000 patents. During this period, the US accounted for 69% of global digital twin patents published. The US' patents were led by IBM, Rockwell International and Nvidia. The number of publications in the US constituted a significant lead over China, which came second with only 681 patents published during the same time period. Alongside patent growth, digital twins similarly experienced a brief rise in company filing mentions. GlobalData's company filings database reported that between 2016 and 2022, mentions of
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