Smart Water Management Market

GMI Research anticipates that the Smart Water Management Market to witness a significant Compound Annual growth rate over the forecast period (2020-2027).            

The factors driving the growth of the Global Smart Water Management market includes growing demand to replace aged-water infrastructure and rising population along with increasing demand for fresh-water in the urban areas. Moreover, the emerging need to monitor water consumption has stimulated the demand for smart water meter all over the world, due to the construction of smart cities, which will increase the growth of Global Smart Water Management Market in the coming years. As per the report from United Nations, only 0.5% of the water is useable and fresh. More than 5 billion people globally are expected to face a shortage of water by 2050.

Some of the noticeable players in the market are Oracle Corporation, Landis+Gyr, Schneider Electric SE, ABB, IBM Corporation, Siemens AG, Itron, Sensus, Arad Group, Suez, Arad Group, among others.

Offering: Segment Analysis

Based on the Offering, the solution segment is expected to dominate the market during the forecast period due to increased adoption of smart solutions such as analytics and data management. Rising awareness about the quality of water and technological advancements are expected to stimulate the growth of smart water management market in the coming years.

End-User: Segment Analysis

Based on the End-User, the commercial and industrial segment is projected to grow at a faster CAGR during the forecast period due to emerging need of qualitative water service from industrial and commercial sectors to combat the growing water expenses.

Region: Segment Analysis

Based on the region, Asia-pacific is expected to grow at a faster CAGR in the global Smart Water Management market during the forecast period due to rising awareness about adopting sustainable means to conserve water. Moreover, the increasing *********** of advanced technologies along with growing concerns about water scarcity is likely to increase the market size in this region.

Market Segmentation

Global Smart Water Management Market by Offering           

• Water Meters
  • AMR/AMR + Meters
  • AMI Meters
• Solutions
  • Enterprise Asset Management
    • Asset Condition Monitoring
    • Predictive Maintenance
  • Analytical and Data Management
    • Meter Data Management
    • Supervisory Control and Data Acquisition (SCADA)
  • Security
  • Smart Irrigation Management
  • Advanced Pressure Management
  • Mobile Workforce Management
  • Network Management
  • Customer Information System and Billing
  • Leak Detection
  • Others
• Services
  • Professional Service
  • Managed Services

Global Smart Water Management Market by End-User          

• Commercial and Industrial
• Residential

Global Smart Water Management Market by Region

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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