Rising demand for safe water, increasing global population, and ageing water management infrastructure are key factors driving global smart water management market growth
The global smart water management market size is expected to reach USD 18.90 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing initiatives to deploy sustainable water management solutions due to rising demand for fresh and safe water for consumption and other household and commercial purposes. Decrease the availability of affordable, safe, and clean water and more efficient sewerage treatment and processing services is driving rising utilization of smart water management solutions in various developing countries. Increasing deployment of Internet of Things (IoT) technologies to monitor environment, water resources, and infrastructure is boosting growth of the smart water management market and demand for associated solutions.
The latest market intelligence report, titled ‘Global Smart Water Management Market’, is intended to provide the target audience with the necessary information about the global Smart Water Management industry.
Increasing adoption of smart metering to develop more efficient water management systems is expected to drive demand for smart water management solutions. Water companies are installing Advanced Metering Infrastructure (AMI) to improve hydraulic and energy efficiency. Rising need for leakage control and for monitoring illegal connections in terms of water volumes boost utilization of smart water metering.
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Major players in the Smart Water Management market include ABB, IBM, Honeywell Elster, Siemens, Itron, Schneider Electric, SUEZ, Oracle, Landis+Gyr, and SENSUS.
The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Smart Water Management market players.
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The research study presents an industry-wide summary of the Smart Water Management market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Smart Water Management7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
The Smart Water Management market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.
Emergen Research has segmented the global smart water management market on the basis of offering, end-use, and region:
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The Smart Water Management industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Major Geographies Analyzed in the Report:
Key Questions Answered in the Report:
Take a look “Table of Content Smart Water Management market”:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Smart Water Management Market Segmentation & Impact Analysis
4.1. Smart Water Management Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Rising demand for water arising from global population
22.214.171.124. Ageing water infrastructure
126.96.36.199. Increasing need to operate water infrastructure efficiently
188.8.131.52. Rising need for sustainable management of urban water systems
4.2.3. Market restraints analysis
184.108.40.206. Lack of skilled workforce
220.127.116.11. Lack of awareness about smart water management systems
18.104.22.168. High capital investment required for infrastructure installation
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Smart Water Management Market By Offering Insights & Trends, Revenue (USD Billion)
5.1. Offering Dynamics & Market Share, 2021 & 2028
22.214.171.124. Professional Services
126.96.36.199. Managed Services
188.8.131.52. Distribution Network Monitoring
184.108.40.206. Meter Data Management
220.127.116.11. Asset Management
18.104.22.168. Supervisory Control and Data Acquisition (SCADA)
22.214.171.124. Smart Irrigation Management
5.1.3. Water Meters
126.96.36.199. AMI Meters
188.8.131.52. AMR Meters
Chapter 6. Smart Water Management Market By End-use Insights & Trends Revenue (USD Billion)
6.1. End-use Dynamics & Market Share, 2021 & 2028
6.1.2. Commercial & Industrial
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