Smart Water Management Market: Facilitating Sustainable Urban Development 2029
Smart Water Management Market Overview
The Smart Water Management Market research is based on forecasts from major organizations as well as market statistics. The Smart Water Management analysis at global, regional and national market levels has been provided in the report with the competitive scenario for predicted periods and individual firm valuations.
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 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 category held the greatest share in 2022.The maintenance service includes information analysis on price, supply, market, and cost. It is hard to get information on performance benchmarks, supplier details, and cost and TCO models. Both geographical and macroeconomic trends have an impact on cost, supply, and other market factors. assistance with sourcing and negotiating for specific categories.
by Country
United States
Canada
Mexico
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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Smart Water Management Market Report Scope and Research Methodology
The main objective of this report is to identify and analyze the profiles of the leading players operating in the global Smart Water Management market. The bottom-up approach was used to estimate the global and regional Smart Water Management market size. The report provides historical, current, and future data on the Smart Water Management market, based on company, segments, and regional distribution. This data was collected through exhaustive primary and secondary research.
The report also provides a detailed analysis of Smart Water Management industry trends and developments, including market drivers, restraints, opportunities, and challenges. PESTLE, PORTER, and SWOT analyses were used by MMR to obtain accurate insights and understand the Smart Water Management market from different perspectives.
Smart Water Management Market Regional Insights
The regional analysis in the report provides insights into the Smart Water Management market in different countries. The report covers the following regions:
North America: The United States, Canada, and Mexico
Europe: France, Netherlands, Switzerland, United Kingdom, Germany, Russia, Belgium, Turkey, Spain, Italy, and Rest of Europe
Asia Pacific: China, India, Japan, South Korea, Malaysia, Singapore, Thailand, Australia, Indonesia, Philippines, and Rest of Asia Pacific
Middle East and Africa: Saudi Arabia, South Africa, United Arab Emirates, Egypt, Israel, and Rest of Middle East and Africa
South America: Argentina, Brazil, and Rest of South America
The report provides a detailed analysis of the Smart Water Management market in each region, including market size, growth drivers, and challenges. This information can be used by businesses to identify opportunities and challenges in different markets and make informed decisions about their international expansion strategies.
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Key questions answered in the Smart Water Management Market are:
- Which segment dominated the global Smart Water Management market?
- How the Smart Water Management market segments are expected to develop in the global market?
- Who are the major players in the industry that are expected to dominate the global Smart Water Management market?
- How have the most successful companies in the Smart Water Management industry planned for future growth and expansion?
- What are the Smart Water Management emerging trends in the Smart Water Management market?
- What was the Smart Water Management market size in 2022?
- Which region held the largest Smart Water Management market share in 2022?
Key Offerings:
- Market Share and Size
- Market Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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