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, there has been a swift expansion in the digital water solution market. Its size is projected to surge from $1.09 billion in 2024 to $1.24 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 13.5%. Factors contributing to this augmentation during the historical period include a surge in the quantity of digital data, growing apprehensions regarding data security, a global spike in demand for data storage, the emergence of biotech firms, and governmental support for DNA investigation.

How Big Is the Digital Water Solution Market Size Expected to Grow by 2029?
Anticipated to experience swift expansion in the ensuing years, the digital water solution market is projected to escalate to a worth of $2.09 billion in 2029, with a compound annual growth rate (CAGR) of 14.0%. The projected growth during this period can be ascribed to factors including escalating data production across various industries, seamless integration with cloud storage, increased healthcare applications, investigations into archival storage solutions, and wider acceptance across industries. Trends to be on the lookout for during this forecast period include the use of DNA data cards for personal storage, utilization of biological cryptography to boost security, product innovation, launching of new technologies, and applications in edge computing environments.

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Which Key Market Drivers Powering Digital Water Solution Market Expansion and Growth?
The rising need for efficient management of limited water resources is poised to fuel the expansion of the digital water solutions market. The term limited water resources is used to describe circumstances where the demand for water outstrips its supply. By automating water infrastructure, digital solutions can optimize water distribution and reduce waste through intelligent irrigation systems and leak detection technologies. The United Nations Children's Fund, an agency of the United Nations based in the US, projects that by 2030, roughly 700 million people could face displacement due to severe water shortages, and it is estimated that by 2040, one in four children globally will reside in regions with extremely high water stress. Additionally, the United Nations Educational, Scientific and Cultural Organization (UNESCO), a France-based specialized agency that promotes global peace and security, reported in May 2023 that 2 billion people around the world lack access to safe drinking water, and the number of urban dwellers facing water scarcity is expected to increase to 2.4 billion by 2050. Consequently, the escalating demand for the management of scarce water resources is propelling the expansion 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 prioritizing the incorporation of newer technologies into their water treatment solutions to better meet market demand. Case in point, AquiSense, a water treatment and disinfection service company based in the US, unveiled the PearlAqua Deca 30C, a system for water disinfection, in April 2023. The system is versatile and serves both large and small-scale point-of-use applications. It's ideal for a range of uses including commercial and industrial water sterilization, food and drink preparation, domestic application, and use in soda machines amongst others. Its distinctive feature is its use of UV-C LED tech to annihilate 99.99% of pathogens at a rate of four gallons per minute (15 litres per minute). Other noteworthy features include automatic or external on-and-off switching, customizable alarm outputs, and adjustable power regulation.

What Are the Emerging Segments in the Digital Water Solution Market?
The digital water solutionmarket 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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