Digital Water Solutions Addressing Global Water Scarcity Challenges And Driving Market Growth: Strategic Insights Driving Digital Water Solution Market Momentum in 2025

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How Large Will the Digital Water Solution Market Size By 2025?
In recent times, the digital water solution market has seen swift expansion. The market is projected to rise from $1.09 billion in 2024 to $1.25 billion in 2025, with a compound annual growth rate (CAGR) of 14.2%. The upsurge during the historic period is due to the surge in digital data volume, heightened data security concerns, increased global demand for data storage, the emergence of biotechnology firms, and government investments in DNA research.

How Big Is the Digital Water Solution Market Size Expected to Grow by 2029?
Anticipations for the digital water solution market size indicate a swift expansion in the coming years. The market is projected to escalate to a value of $2.12 billion by 2029, with a Compound Annual Growth Rate (CAGR) of approximately 14.2%. Elements contributing to the growth in this forecasting period include rising data production across various sectors, incorporation with cloud storage, increasing implementation in healthcare, development in archival storage solutions, and wider acceptance in the industry. Noteworthy trends for the predicted period involve the use of DNA data cards for personal storage, biological cryptography for improved security alongside product innovations, technology introductions, and applications in edge computing environments.

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Which Key Market Drivers Powering Digital Water Solution Market Expansion and Growth?
The escalating necessity to manage limited water resources is anticipated to drive the digital water solutions market's expansion. Limited water resources denote a scenario where water availability does not meet the demand. The adoption of digital solutions can modernize water infrastructure, enhance water distribution, and reduce wastage through advanced irrigation systems and leak detection technology. For instance, the United Nations Children's Fund, a US-based UN agency, has projected that nearly 700 million people could be displaced by 2030 due to severe water scarcity, with approximately one in every four children worldwide expected to live in areas with exceptionally high water stress by 2040. Moreover, the United Nations Educational, Scientific and Cultural Organization (UNESCO), a France-based agency aiming to promote global peace and security, reported in May 2023 that approximately 2 billion people worldwide lack access to safe drinking water. It also projected that water scarcity among urban populations could escalate to affect 2.4 billion people by 2050. Consequently, the heightened need to manage limited water resources is spearheading the growth of the digital water solutions market.

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Which Fast-Growing Trends Are Poised to Disrupt the Digital Water Solution Market?
Key players in the digital water solution industry are concentrating on incorporating novel technologies into water treatment solutions to better cater to market requirements. For example, AquiSense, an American water treatment and disinfection solutions company, unveiled the PearlAqua Deca 30C, a water disinfection system, in April 2023. The system can be utilized in large and small point-of-use applications alike. The use-cases of this system include commercial and industrial water purification, food and beverage processing, domestic usage, and soda machines, among others. PearlAqua Deca 30C employs UV-C LED technology for the elimination of 99.99% of pathogens at a rate of four gpm (15 lpm). The system also boasts an automatic on-and-off switch or external trigger, programmable alarm outputs, and dynamic power regulation features.

What Are the Emerging Segments in the Digital Water Solution Market?
The digital water solution market covered in this report is segmented -

1) By Solutions: Hardware, Software, Services
2) By Technology: Metering And Customer Management, Network Management, Work And Asset Management, Plant Management, Information Management
3) By Utility Tier: Tier I, Tier II, Tier III

Subsegments:
1) By Hardware: Smart Water Meters, IoT Sensors, Water Quality Monitoring Devices
2) By Software: Water Management Software, Data Analytics Platforms, Asset Management Solutions
3) By Services: Consulting Services, Installation And Maintenance Services, Training And Support Services

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Who Are the Global Leaders in the Digital Water Solution Market?
Major companies operating in the digital water solution market report are General Electric Company, The International Business Machines Corporation, Schneider Electric SE, SAP SE, ABB Ltd., Jacobs Solutions Inc., Minsait ACS, Grundfos, Itron Inc., Mueller Water Products Inc., Bentley Systems, Royal Haskoning DHV, Kamstrup, PowerPlan Inc., Copperleaf Technologies Inc., Space-Time Insight Inc., Aqueduct, Innovyze, Analytical Technology, Idrica, Assetic, TaKaDu, Intelliflux Controls, Atonix Digital LLC, Plutoshift

Which are the Top Profitable Regional Markets for the Digital Water Solution Industry?
North America was the largest region in the digital water solutions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital water solution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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