Press release
Smart Water Management Market: Technological Breakthroughs by 2025
Global Smart Water Management Market
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Market Dynamics
North America and Europe are the major regions in the advancement of smart water management technologies, owing to the high adoption of the new technologies such as advance meter infrastructure technology and SCADA software system technologies by many industries in the region. North America led the smart water management technology in 2016, with the market in the region valued at US$ 2.90 billion and projected to witness a CAGR of 19.3% during the forecast period (2017-2025). Asia Pacific is the fastest growing market for smart water management market, owing to the rising smart irrigation management systems and rising smart city projects. For instance, in India, 100 cities are being developed under the Smart Cities Mission. Asia Pacific is estimated to be the fastest-growing market, at a CAGR of 23.1% during the forecast period to reach US$ 11.69 billion by 2025.
Global Smart Water Management Market – Insights
Smart water management systems are undergoing a rapid wave of technological advancements. Water and wastewater management industries are improving in process transformation by adopting the use of information and communication technologies (ICT) and real time data generation. The aim of smart water management system is to increase the management and operational efficiency by using advanced information technologies to reduce expenditure, water loss, and carbon footprint.
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Key Vendors of Smart Water Management Market: General Electric, ABB Group, Itron, Schneider Electric, International Business Machines (IBM) Corporation, Sensus, Elster Group Se, and Siemens Ag.
Detailed Segmentation:
Global Smart Water Management Market, By Advanced Water Meters:
By Water Read Technology
Cellular Network
Fixed Network
By Meter Type
AMI Meters
AMR Meters
Global Smart Water Management Market, By Service:
Managed Services
Professional Services
Consulting services
Maintenance and Support
Deployment and Integration
Global Smart Water Management Market, By Solution:
Advanced Analytics
Advanced Pressure Management
Network Monitoring
Residential Water Efficiency
Enterprise Asset Management for Water and Wastewater Utilities
SCADA Systems for Water and Wastewater Utilities
Smart Irrigation Management System
Meter Data Management (MDM) of Water
Global Smart Water Management Market, By Geography
Company Profiles
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