Smart Water Management Market Opportunities and Forecast Assessment, 2029

Smart Water Management Market Overview

The analysis offers valuable insights for businesses and investors seeking to capitalize on the market's potential opportunities.

The comprehensive Smart Water Management Market report, conducted by Maximize Market Research, provides a detailed regional analysis and competitive landscape. Projections indicate substantial market growth, with revenues expected to surge from US$ 15.40 Bn. in 2022 and is expected to reach US$ 29.63 Bn. by 2029, at an impressive CAGR of 9.8 percent during the forecast period. 

Smart Water Management Market Segmentation

1. Global Smart Water Management Market, by Advanced Water Meters (2022-2029)
• By Meter Solution
• By Meter Read Service

2. Global Smart Water Management Market, by Solution (2022-2029)
• 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

3. Global Smart Water Management Market, by Service (2022-2029)
• Professional services
o Maintenance and support
o Deployment and integration
o Consulting services
• Managed services

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. Such attributes are expected to drive segment expansion in the near future for SCADA systems.

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Smart Water Management Market Scope and Methodology

The Smart Water Management Market report offers insights into current trends, key highlights, drivers, challenges, and restraints. It includes market size estimations and growth rates during the forecast period. A thorough report includes the drivers, restraints, opportunities, and challenges of the Smart Water Management market. To understand Smart Water Management market estimations and growth rates, a bottom-up approach was used in the report. The technology adoption, financial standing, portfolio, merger and acquisition, joint ventures and strategic alliances are covered in the competitive environment for the Smart Water Management market. Regional analysis of the Smart Water Management market was conducted at a local, regional and global level to understand the Smart Water Management market penetration, price and demand analysis and competitive landscape. The report offers fundamental information on the Smart Water Management market, including stakeholders, investors and new entrants used to develop marketing plans and investments. 

The primary and secondary data methods were used for the data collection for Smart Water Management Market. The primary approach includes surveys, questionnaires and telephonic interviews with market leaders, business owners, etc. and the second approach involves press news, annual reports and financial reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Smart Water Management Market

Smart Water Management Market Regional Insights

The report provides a comprehensive analysis of various factors, including market size, growth rate, and import-export activities, across different regions. Regional analysis is conducted to assess the status of the Smart Water Management market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Smart Water Management market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area

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 2022?
• 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 are the recent industry trends that can be implemented to generate additional revenue streams 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 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• 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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