The latest market intelligence report, titled ‘Global Smart Water Management market drivers and restraints Market’, is intended to provide the target audience with the necessary information about the global Smart Water Management market drivers and restraints industry. The report comprises a detailed analysis of the vital elements of the Smart Water Management market drivers and restraints market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The global Smart Water Management market size is expected to reach USD 18.90 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing initiatives to deploy sustainable water management solutions due to rising demand for fresh and safe water for consumption and other household and commercial purposes. Decrease the availability of affordable, safe, and clean water and more efficient sewerage treatment and processing services is driving rising utilization of smart water management solutions in various developing countries. Increasing deployment of Internet of Things (IoT) technologies to monitor environment, water resources, and infrastructure is boosting growth of the smart water management market and demand for associated solutions. Increasing availability of high-performance and low-cost IoT sensors are contributing to rising demand for smart water management solutions. Smart water management solutions offer various benefits such as improving water conservation, optimizing repair and replacement of ageing infrastructure, improving response to climate change and extreme weather events, and improving public health, water quality, and environmental protection.
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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Smart Water Management market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Key Players Profiled in the Report are:
ABB, IBM, Honeywell Elster, Siemens, Itron, Schneider Electric, SUEZ, Oracle, Landis+Gyr, and SENSUS
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Smart Water Management market expected to boost the growth of the industry in the coming years.
Smart Water Management Market Segmentation:
Offering Outlook (Revenue, USD Billion; 2018–2028)
Service
Professional Services
Managed Services
Solution
Distribution Network Monitoring
Meter Data Management
Asset Management
Supervisory Control and Data Acquisition (SCADA)
Analytics
Smart Irrigation Management
Others
Water Meters
AMI Meters
AMR Meters
End-use Outlook (Revenue, USD Billion; 2018–2028)
Residential
Commercial & Industrial
Regional Outlook (Revenue, USD Billion; 2018–2028)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
BENELUX
Italy
Spain
Switzerland
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of MEA
Key Questions Answered in the Report:
What is the growth rate of the Smart Water Management market? What is the anticipated market valuation of Smart Water Management industry by 2027?
What are the key growth driving and restraining factors of the Smart Water Management market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Smart Water Management industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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