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.
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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.
The Global Smart Water Management Market research is an extensive collection of insightful information about the Smart Water Management Market industry. The report covers the Smart Water Management Market segmentation along with a detailed outline of the Smart Water Management Market size with regards to volume and valuation. The report provides comprehensive coverage of the Smart Water Management Market scenario for the current period and forecast timeline of 2021-2028. The Smart Water Management Market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
Some major companies in the global market report include ABB, IBM, Honeywell Elster, Siemens, Itron, Schneider Electric, SUEZ, Oracle, Landis+Gyr, and SENSUS.
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Emergen Research has segmented the global smart water management market on the basis of offering, end-use, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028)
Distribution Network Monitoring
Meter Data Management
Supervisory Control and Data Acquisition (SCADA)
Smart Irrigation Management
End-use Outlook (Revenue, USD Billion; 2018–2028)
Commercial & Industrial
Global Smart Water Management Market Geographical Landscape – Synopsis:
The report closely studies the growth trajectory of the global Smart Water Management market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Technological and innovation landscape
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