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.
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Increasing availability of high-performance and low-cost IoT sensors are contributing to rising demand for smart water management solutions. Smart water management solutions offer various benefits such as improving water conservation, optimizing repair and replacement of ageing infrastructure, improving response to climate change and extreme weather events, and improving public health, water quality, and environmental protection.
The report is a comprehensive research study of the global Smart Water Management Market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
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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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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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
Highlights of Table of Contents (TOC):
Global Smart Water Management Market Overview
Analysis of the Smart Water Management market's rivalries
Production and revenue of the global Smart Water Management market regional analysis
Global Smart Water Management market supply, consumption, export, and import analysis by region
Global Smart Water Management production, revenue, and price trends: type-based market analysis
Analysis of the global Smart Water Management market based on applications, manufacturer profiles, production costs, and upstream and downstream analysis of the industry (2021-2028)
The research report's summary
Appendix
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