Press release
Smart Water Management Market| North America to led the Industry with CAGR of 19.3% By 2025 | General Electric, Itron, Schneider Electric, International Business Machines (IBM) Corporation, Sensus, Elster Group Se and Siemens
Smart Water Management is the new system of management of water, revolutionizing the conventional distribution of water with new technologies.Smart Water Management Market report provides in-depth analysis of smart water management market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2016 – 2024), considering 2015 as the base year.Download PDF Brochure of Smart Water Management Market Report @ https://www.coherentmarketinsights.com/insight/request-pdf/805
Major drivers propelling the growth of smart water management market include the advancement in the technology such as advanced metering technology and Supervisory Control and Data Acquisition (SCADA) in water and waste water management.Also, with the development of the smart irrigation practices, there is a rise in demand for smart water management market. According to the research of Coherent Market Insights, smart irrigation market is growing at CAGR of 18.0% during the forecast period (2017-2025), which in turn drives the smart water management market in the forecast period.
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.
Key companies covered as a part of this study include 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
Need More Information? Ask here @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/805
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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