Press release
Smart Water Management (SWM) Market size worth over USD 5739.3 Million by 2027, at a CAGR of 12.5% | Valuates Reports
Smart Water Management (SWM) uses Information and Communication Technology (ICT) and real-time data and responses as an integral part of the solution for water management challenges.
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Intelligent and effective management of water is expected to be a key problem in recent times. Water stress, a rising situation due to the demand, pollution, and unequal resources is expected to accelerate the growth of the smart water management market size.
It is expected that the development of the IoT, smart cities across different locations will fuel the smart water management market size. Smart meter-related technical developments and their incorporation with communication solutions such as SCADA and GIS have transformed water management systems to overcome the challenges faced by erroneous billing and water management by water providers, people, and industries.
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Expensive initial investment requirements and low return rates are the main constraints faced by smart water management. In addition, the demand for smart water management is slowly growing due to the lack of knowledge and talent supply. However, smart water management is entitled to the vast potential for substantial financial savings related to water utilities.
Smart Water Management (SWM) Market by Type
➣Devices
➣Solutions
➣Services
Smart Water Management (SWM) Market by Application
➣Government
➣Water Regulatory Authorities
➣Utilities
➣Agriculture
➣Others
Smart Water Management (SWM) Market by Region
➣North America
➣U.S.
➣Canada
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic
➣Rest of Europe
➣Asia-Pacific
➣China
➣Japan
➣South Korea
Southeast Asia
➣India
➣Australia
➣Rest of Asia
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA
Major Players in the Smart Water Management (SWM) Market
➣ABB Ltd
➣Aclara
➣Badger Meter
➣Cisco
➣Elster
➣General Electric (GE)
➣HydroPoint Data Systems
➣IBM Corporation
➣Itron
➣Mueller Systems
➣Oracle
➣Schneider Electric
➣Xylem Inc
➣Siemens
➣Tata Consultancy Services
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