Global Smart Water Network Market Key Trends, Industry Opportunities and Forecast 2017-2021

key players in the global smart water network market: Elster Water Metering, General Electric, IBM, Itron, and Sensus.

Other Prominent Vendors in the market are: Aclara Technologies, Aquiba, Arad Group, Arqiva, Badger Meter, Capgemini, Diehl Stiftung, Enware Australia, Homerider Systems, i2O Water, Kamstrup, KROHNE, Landis+Gyr, Master Meter, MUELLER SYSTEMS, Neptune Technology, Oracle, Schneider Electric, Sentec, and TaKaDu.

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One trend in the market is demand for clean water. Smart water technologies are gaining importance because of depleting water resources across the world and increasing wastewater disposal costs. In 2014, around 1 in every 10 people lacked access to clean water globally, and 3 in every 10 people lacked access to improved sanitation.

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According to the report, one driver in the market is increasing technological integration. Growing pressure to address the challenges associated with aging infrastructure is prompting water utilities to upgrade water infrastructure. This has led to the adoption of smart water network, a cohesive overlay of systems, devices, and solutions that enable water utilities to monitor, visualize, analyze, and diagnose problems in the water network. The adoption of smart water network allows utilities to create system-wide efficiencies with the use of sensor networks and GIS.

Further, the report states that one challenge in the market is vulnerability to cyber-attacks. Smart meters come with an internally incorporated sim card that enables wireless communication between the utility company supplying water and the end-user. This communication enables utilities to obtain accurate readings remotely and bill the customer accordingly. Smart meters use wireless technology to transmit data. The data transmitted is not encrypted, which can be easily intercepted and becomes vulnerable to various threats from cyber hackers.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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