Smart Water Management Market – Cloud Platforms Aid Data-Driven Decisions

Smart Water Management Market Overview

The Smart Water Management Market is undergoing significant changes, driven by technological advancements and shifting consumer preferences. As businesses navigate this ever-changing landscape, our comprehensive overview serves as a valuable resource to facilitate informed decisions and capitalize on emerging opportunities.

Market Values:

Smart Water Management Market was valued at US$ 15.40 Bn. in 2022 and is expected to reach US$ 29.63 Bn. by 2029, at a CAGR of 9.8% during a forecast period.

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Smart Water Management Market Report Scope and Research Methodology

The Smart Water Management market report provides a comprehensive estimation of market sizes and segments, considering qualitative and quantitative aspects. It examines drivers, challenges, and investment opportunities for stakeholders. The report analyzes major companies' competitiveness, products, and regional markets. Utilizing primary and secondary research, it offers valuable insights for achieving higher growth in the Smart Water Management market. The report analyzes major companies' competitiveness, products, and regional markets, leveraging primary and secondary research to drive higher growth in the Smart Water Management market.

Smart Water Management Market Regional Insights

The report offers a comprehensive analysis, encompassing all factors such as market size, growth rate, and import-export activities across different regions. Through regional analysis, we provide detailed examination of the current status of the Smart Water Management market in various countries.

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Smart Water Management Market Segmentation

by Advanced Water Meters

By Meter Solution
By Meter Read Service

by Solution

Enterprise asset management for water and wastewater utilities
Network monitoring
Advanced pressure management
SCADA systems for water and wastewater utilities
Advanced analytics
Meter data management (MDM) for water
Residential water efficiency
Smart irrigation management systems

According to the solution, the smart water management industry's revenue share of SCADA systems for water and wastewater utilities is anticipated to reach its peak in 2022. Using an open integration platform and a strong Human Machine Interface (HMI), SCADA programmers are specifically designed to provide remote alerting, real-time historical databases, alarm management, optimization, and notification. These kinds of SCADA systems are expected to drive segment expansion in the near future.

by Service

Professional services
Maintenance and support
Deployment and integration
Consulting services
Managed services

In terms of market share, the professional service segment had the biggest share in 2022.The maintenance service includes information analysis on pricing, supply, market, and cost. It is hard to find information on performance benchmarks, supplier details, and cost and TCO models. Both regional and macroeconomic developments have an impact on cost, supply, and other market dynamics. 

by Country

United States
Canada
Mexico

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Smart Water Management Market Key Players

1. ABB Group
2. General Electric Company
3. IBM Corporation
4. Itron, Inc.
5. Schneider Electric SE
6. Arad Group
7. Elster Group SE
8. Sensus
9. Siemens AG
10. TaKaDu Ltd.
11. Aclara Technologies LLC.
12. Neptune Technology Group
13. Global Water Resources
14. Cambrian Innovation Inc.
15. A.U.G. Signals Ltd.

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Key questions answered in the Smart Water Management Market are:

• What is Smart Water Management?
• What was the Smart Water Management market size in 2023?
• What is the growth rate of the Smart Water Management Market?
• Which are the factors expected to drive the Smart Water Management market growth?
• What are the different segments of the Smart Water Management Market?
• What growth strategies are the players considering to increase their presence in Smart Water Management?
• What are the upcoming industry applications and trends for the Smart Water Management Market?
• What major challenges could the Smart Water Management Market face in the future? 
• What segments are covered in the Smart Water Management Market?
• Who are the leading companies and what are their portfolios in Smart Water Management Market? 
• What segments are covered in the Smart Water Management Market?
• Who are the key players in the Smart Water Management market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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