The global smart water management market was valued at $14.3 billion in 2021, and is projected to reach $53.6 billion by 2031, growing at a CAGR of 14.2% from 2022 to 2031.
2. The global smart water management market was valued at $14.3
billion in 2021, and is projected to reach $53.6 billion by 2031,
growing at a CAGR of 14.2% from 2022 to 2031.
The use of the most recent technologies to replace conventional water
conveyance is referred to as smart water management. Number of
assembling firms and synthetic-based companies are implementing smart
water management to reduce the wastage of water and to use their energy
Management solutions suggest the utilization of data and corresponding
innovations to tackle different challenges in water management. ncrease in
usage of supervisory control and data acquisition drives the growth of the
smart water management market.
3. Impact of Covid-19
1
2
During the COVID-19 epidemic, the smart water management
industry saw a boom in new investments, as it helped
researchers find the COVID-19 patterns from waste water.
In November 2021, researchers from several universities and the
U.S. Centers for Disease Control and Prevention detected the
Omicron variant in wastewater from northern California,
Houston, New York City and other locations as early as 11 days
before it was first detected in a person in the U.S.
4. Market is Segmentation
By Service Type
By Application
By Application
Water Pipeline Monitoring & Leak Detection
Water Level Monitoring and Dam Management
Water Consumption & Distribution
Irrigation Management
Waste Water Monitoring
Commercial
Public Sector
Residential
Professional Services
Managed Services
5. Segmentation
By Region
North America U.S., Canada
Europe
U.K., Germany, France, Spain, Italy,
Rest of Europe
Asia-Pacific
China, Japan, South Korea, India, Australia,
Rest of Asia-Pacific
LAMEA Latin America, Middle East, Africa
6. Leading Market Players
Neptune Technology
Trimble Inc.
Suez
Ayyeka
ABB Ltd
Hydropoint
Honeywell International Inc.
Landis+Gyr
Oracle Corporation
Itron
Siemens AG
Badger Meter
Schneider Electric SE
Xenius
IBM Corporation
Ketos
Takadu
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