Global Smart Water Management Market Research Report

The global smart water management market is expected to grow from $5.43 billion in 2013 to $12.03 billion in 2018 at CAGR of 17.2% for the period 2013 to 2018. The market is primarily driven by the aging water distribution infrastructure and the scope to reduce non-revenue water.

Water utilities and water regulatory authorities worldwide need to proactively adopt smart technology solutions to streamline their operations. The water management solutions with information and communication technology (ICT) help in better management of the authorities’ assets and distribution network reduce maintenance and repair cost. Smart water management ensures rational resource management to reduce energy costs in pumping water, enhance customer engagement in water conservation, and prominently to reduce non-revenue water losses due to leakage in the pipeline infrastructure.

Most of the water utilities across the globe are struggling to maintain their aging water infrastructure. Government initiatives in most of the countries worldwide to enhance public utility infrastructure has always been partial towards water management. The market varies largely based on regional adoption of technology and solutions. Although currently the focus is high on adoption of advanced water meters, meter data management, and SCADA solutions for water utilities in many countries, the scenario is expected to change gradually for smart technology solutions such as distribution network monitoring, advanced pressure management, and analytics.

The Global Smart Water Management report further provides competitive benchmarking of leading players in the industry such as Itron, Elster, Neptun, Sensus and others, in terms of their product offerings, key strategies and operational parameters. The report provides market trends, overall adoption scenarios, competitive landscapes and key drivers, restraints and opportunities in the market. The report aims in estimating the current size and the future growth potential of the market across the different solutions, services and regions.