Current Scenario and Growth Factors of Smart Water Management System Market Forecast to 2030
A new analytical data report titled Smart Water Management System Market has been published by Absolute Markets Insights. This report transmits a sophisticated abridgment of the statistical data that has been scrutinized on the basis of effective inquisitive techniques that include primary and secondary research. The precise data information has been studied by our perceptive team with the help of unparalleled applicable sales strategies that can improve the performance of market industries. The compelling structure of the Smart Water Management System market positively attributes to the advancement of industries. Furthermore, the report also covers other crucial market restraints. These restraints provide further insights into threats and challenges in the business.
Key Highlights of the Report:
• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• The Impact of COVID-19 on the Market
• Value Chain Analysis
• Structure of the Market
• Comprehensive mapping of the competitive landscape
The major key pillars for global Smart Water Management System market are listed below: ABB, General Electric, International Business Machines (IBM) Corporation, Schneider Electric SE, Elster Group SE, Siemens AG, Cisco Systems Inc., Oracle, Water Pigeon Inc., Itron, Inc. Sensus, HydroPoint Data Systems, Badger Meter, Inc., Landis+Gyr, Mueller Systems LLC and Neptune Technology Group amongst others
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The demand for fresh water resource is the current need of the environment around the globe. The rapid pace of urbanization has attracted the rise in population in the California state. Thus, the basic necessity has become countable in figures. Furthermore, inappropriate management of water and unawareness regarding the vitality of water are some of the key reasons for scarcity of water. The importance to plan, manage and efficiently usage of water resource has enabled the introduction of smart water management system. The new approach combines the application of IoT to promote security and manage the variances in hydrological and water allocation. The systems are majorly deployed by manufacturing, agriculture and chemical firms in their production process for proper use of water resources. The California smart water management system market was valued at US$ 1417.40 Mn in 2020 is expected to reach US$ 2678.40 Mn by 2030.
Global Smart Water Management System Market Segmentation:
By Type
• Meter
• Meter Read Technology
By Service Type
• Professional
• Managed
By Solution
• Enterprise asset management for water and wastewater utilities
• Network monitoring
• Advanced pressure management
• Supervisory control and data acquisition
• Advance analytics
• Meter data management
• Residential water efficiency
• Smart irrigation management systems
By Region:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
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