Smart Water Management Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global market, Global Smart water management market is expected to witness market growth at a rate of 19.90% in the forecast to 2030.
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Regional Analysis
Asia Pacific is Expected to Register Fastest Growth. The Asia Pacific region is home to more than 2.1 billion urban residents, with over two-thirds estimated to be living in cities by 2050. The region comprises countries with substantial non-revenue water (NRW) losses, like India (with almost 60% of revenue losses from the total water distributed) and Singapore.
Recent Developments
Mueller Water Products, Inc. announced the acquisition of i2O Water Ltd. to enhance its ability to accelerate its software offerings. Additionally, Mueller plans to introduce i2O’s products and solutions in North America, where i2O currently has no presence.
SUEZ and Schneider Electric established a joint venture to strengthen their position in developing innovative digital water solutions. This joint venture would support municipal water operators and industrial players in accelerating their digital transformations by providing a unique range of software solutions for planning, maintenance, operation, and optimization of water treatment infrastructure.
Key Players of Smart Water Management Market
· IBM
· Siemens
· Schneider Electric
· Honeywell. And More
Smart Water Management Market is segmented into type, end user and region.
On the basis of Type
· Solution
· Service
On the basis of End-User Industry
· Residential
· Commercial
· Industrial
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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