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. The demand for fresh, clean water for drinking and other domestic and business uses is on the rise, which is causing an increase in initiatives to implement sustainable water management systems. In many developing nations, the use of smart water management solutions is on the rise due to the decreasing supply of accessible, affordable, and clean water and the improvement of sewerage treatment and processing services.
The implementation of Internet of Things (IoT) technology to monitor infrastructure, water resources, and the environment is expanding, which is boosting demand for related products and the growth of the smart water management market. IoT sensors with higher performance and lower cost are becoming more widely available, which is helping to fuel the growth in demand for smart water management systems. With regard to enhancing water conservation, repairing and replacing ageing infrastructure, responding better to climate change and extreme weather events, and protecting the environment and public health, smart water management technologies offer a number of advantages.
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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 Market industry. The report comprises a detailed analysis of the vital elements of the Smart Water Management Market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Smart Water Management Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.
Some major companies in the global market report include ABB, IBM, Honeywell Elster, Siemens, Itron, Schneider Electric, SUEZ, Oracle, Landis+Gyr, and SENSUS.
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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Report Highlights:
The report conducts a comparative assessment of the leading market players participating in the global Smart Water Management market.
The report marks the notable developments that have recently taken place in the Smart Water Management industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Smart Water Management market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.
Emergen Research has segmented the global smart water management market on the basis of offering, end-use, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028)
Service
Professional Services
Managed Services
Solution
Distribution Network Monitoring
Meter Data Management
Asset Management
Supervisory Control and Data Acquisition (SCADA)
Analytics
Smart Irrigation Management
Others
Water Meters
AMI Meters
AMR Meters
End-use Outlook (Revenue, USD Billion; 2018–2028)
Residential
Commercial Industrial
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