Global Smart Water Management Market Growth Analysis And Indications – Includes Smart Water Management Size
The Business Research Company’s report goes into great detail on the smart water management market size and growth, smart water management market regional analysis, smart water management market competitive landscape, and other critical information needed to excel in the smart water management industry.
Major players in the smart water management market include Honeywell International Inc., Siemens AG, ABB Ltd, IBM Corporation, Itron, Schneider Electric SE, SUEZ Group, Sensus, Trimble Water, Elentec, HydroPoint Data Systems, TaKaDu, AquamatiX, Nalco Water India Ltd, and Xenius.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global smart water management market size is expected to grow from $10.94 billion in 2021 to $12.97 billion in 2022 at a compound annual growth rate (CAGR) of 18.5%. The global smart water management market size is then expected to grow to $22.54 billion in 2026 at a CAGR of 14.8%.
North America was the largest region in the smart management water market in 2021.
The smart water management market consists of sales of smart water management services entities (organizations, sole traders and partnerships) that are designed to collect meaningful and actionable data about a city’s water flow, pressure, and distribution. Smart water management involves the integration of systems and methods for monitoring, controlling, and regulating the usage and quality of water resources, as well as the maintenance of connected equipment (pipes, pumps, etc.). Its primary purpose is to ensure that the infrastructure and energy utilized to carry water are efficiently managed. Smart water management characteristics include pressure management, better leakage techniques for water networks, smart network operations and water cycle maintenance, smart water meter technologies, and smart water quality monitoring.
Increasing demand for clean water due to the increasing global population is likely to drive the growth of the smart water management market.
Strategic collaborations among the companies are shaping the smart water management market. Companies in the smart water management market are undergoing partnerships to develop advanced solutions for their customer.
TBRC’s Global Smart Water Management Market Report Is Segmented:
By Offering: Water Meters, Solutions, Services
By Product Type: Advanced Water Meters, Meter Read Technology, Cellular Network
By End-User: Residential, Commercial, Industrial
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Smart Water Management Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the smart water management market globally and regionally, analyzes and forecasts market size, share, smart water management market players, smart water management market segments, leading competitor revenues, profiles and market shares.
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