Global Smart Water Management Market Size, Share, Trends, Industry Growth by Meter (AMR, AMI), by Solution (Enterprise Asset Management, Analytics and data management, Security, Advanced pressure management, & Others), by Services, by End-Use, by Region, and Forecast to 2027
Report ID: RCMA105 | Report Format: PDF + Excel | Starting Price: 2680/- USD |The global smart water management market size was estimated at around USD 13 billion in 2020 and is expected to register at a higher CAGR of over 10% during the forecast period 2020 to 2027. The increasing adoption of smart solutions to monitor and control water flow are some major factors to drive the market growth. Furthermore, the growing water scarcity around the world and the unavailability of fresh drinking water are further expected to fuel the market growth.
According to U.N. projections, the world will experience a 40 percent water shortfall by 2030 unless action is taken to reduce global water use. The increasing scarcity of water coupled with the rising demand for water consumption if fueling the market growth. Moreover, the growing population, growth in urbanization, and the growing disposable income per capita are further expected to drive the market over the forecast period.
Population growth, climate change, and pollution are disrupting the world’s freshwater supplies. The United Nations Environment Program has predicted that half the globe’s population could face severe water stress by 2030. Annual expenditures of $200 billion, up from a historical average of about $40 billion to $45 billion, are needed now to keep spigots running, the U.N. said in a 2016 report.
Market Segment Insights:
The commercial & industrial segment dominated the global smart water management marekt
The global smart water management market is bifurcated into the meter, solution, services, end-use, and geography. On the basis of end-use, the market is segmented into commercial & industrial, and residential end-use. The commercial & industrial segment dominated the global market and is expected to grow at the same trend over the forecast period. The lack of an appropriate delivery network and the high frequency of water leakage are some of the major factors to drive the segment growth. Furthermore, the rising concern regarding disposal of industrial wastewater and further challenges like water pressure and water quality faced by industries are some other factors to increase the adoption of smart water management technologies by the industrial sector.
To know more about the study, request sample papers
The smart water management comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.
The smart water management market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.
Historical & Forecast Period
- 2018-19 – Historical Year
- 2020 – Base Year
- 2021-2027 – Forecast Period
Global Smart Water Management Market Segmentation:
By Meter:
- AMR
- AMI
By Solution:
- Enterprise Asset Management
- Analytics and Data Management
- Security
- Advanced Pressure Management
- Network Management
- Smart Irrigation Management
- Customer Information & Billing
- Other
By Services:
- Managed
- Professional
- Consulting Services
- System Integration and Deployment Services
- Support and Maintenance Services
By End-Use:
- Commercial & Industrial
- Residential
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Smart Water Management Market: Geographic Coverage
North America dominated the global smart water management market in 2020
Geographically, North America dominated the global smart water management market in 2020 and is expected to maintain its dominance over the forecast period. The early adoption of advanced technologies, growing demand for sustainable energy solutions, and stringent government regulations are some major factors to drive the market growth in the region. On the flip side, the Asia Pacific is accounted to grow at the highest CAGR over the forecast period. The regional growth is attributed to the rapid growth in urbanization and the increasing adoption of smart grid solutions. Furthermore, the rising awareness regarding water consumption and the supportive government policies are further expected to fuel the market growth in the Asia Pacific.
Smart Water Management Market: Competitive Assessment
Some of the major market players operating in the global smart water management market are ABB, Itron, General Electric, IBM Corporation, and Neptune Technology Group. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.
List of Key Companies:
- ABB
- Itron
- General Electric
- IBM Corporation
- Neptune Technology Group
- Schneider Electric
- SAP SE
- SENSUS USA INC.
- Elster Group SE
- Radius Synergies International Pvt Ltd.
- Global Water Management
Key Questions Answered by Smart Water Management Market Report
- Global smart water management market forecasts from 2021-2027
- Regional smart water management market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
- Country-level forecasts from 2021-2027 covering 15 major countries from the regions as mentioned above
- Smart water management submarket forecasts from 2021-2027 covering the market by meter, by solution, by services, by end-use, and geography
- Various industry models such as SWOT analysis, Value Chain Analysis about smart water management market
- Analysis of the key factors driving and restraining the growth of the global, regional, and country-level smart water management markets from 2021-2027
- Competitive Landscape and market positioning of top 10 players operating in the smart water management market
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global Smart Water Management Market Portraiture
2.2. Global Smart Water Management Market, by Meter, 2020 (USD Mn)
2.3. Global Smart Water Management Market, by Solution, 2020 (USD Mn)
2.4. Global Smart Water Management Market, by Services, 2020 (USD Mn)
2.5. Global Smart Water Management Market, by End-Use, 2020 (USD Mn)
2.6. Global Smart Water Management Market, by Geography, 2020 (USD Mn)
3. Global Smart Water Management Market Analysis
3.1. Smart Water Management Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis
4. Global Smart Water Management Market By Meter, 2018 – 2027 (USD Mn)
4.1. Overview
4.2. AMR
4.3. AMI
5. Global Smart Water Management Market By Solution, 2018 – 2027 (USD Mn)
5.1. Overview
5.2. Enterprise Asset Management
5.3. Analytics and data management
5.4. Security
5.5. Advanced pressure management
5.6. Network Management
5.7. Smart Irrigation Management
5.8. Customer information & billing
5.9. Other
6. Global Smart Water Management Market By Services, 2018 – 2027 (USD Mn)
6.1. Overview
6.2. Managed
6.3. Professional
6.3.1. Consulting Services
6.3.2. System Integration and Deployment Services
6.3.3. Support and Maintenance Services
7. Global Smart Water Management Market By Services, 2018 – 2027 (USD Mn)
7.1. Overview
7.2. Commercial & Industrial
7.3. Residential
8. North America Smart Water Management Market Analysis and Forecast, 2018 – 2027 (USD Mn)
8.1.1. Overview
8.1.2. North America Smart Water Management Market by Meter (2018-2027 USD Mn)
8.1.3. North America Smart Water Management Market by Solution (2018-2027 USD Mn)
8.1.4. North America Smart Water Management Market by Services (2018-2027 USD Mn)
8.1.5. North America Smart Water Management Market by End-Use (2018-2027 USD Mn)
8.1.6. North America Smart Water Management Market by Country (2018-2027 USD Mn)
8.1.6.1. U.S.
8.1.6.1.1. U.S. Smart Water Management Market by Meter (2018-2027 USD Mn)
8.1.6.1.2. U.S. Smart Water Management Market by Solution (2018-2027 USD Mn)
8.1.6.1.3. U.S. Smart Water Management Market by Services (2018-2027 USD Mn)
8.1.6.1.4. U.S. Smart Water Management Market by End-Use (2018-2027 USD Mn)
8.1.6.2. Canada
8.1.6.2.1. Canada Smart Water Management Market by Meter (2018-2027 USD Mn)
8.1.6.2.2. Canada Smart Water Management Market by Solution (2018-2027 USD Mn)
8.1.6.2.3. Canada Smart Water Management Market by Services (2018-2027 USD Mn)
8.1.6.2.4. Canada Smart Water Management Market by End-Use (2018-2027 USD Mn)
9. Europe Smart Water Management Market Analysis and Forecast, 2018 – 2027 (USD Mn)
9.1.1. Overview
9.1.2. Europe Smart Water Management Market by Meter (2018-2027 USD Mn)
9.1.3. Europe Smart Water Management Market by Solution (2018-2027 USD Mn)
9.1.4. Europe Smart Water Management Market by Services (2018-2027 USD Mn)
9.1.5. Europe Smart Water Management Market by End-Use (2018-2027 USD Mn)
9.1.6. Europe Smart Water Management Market by Country (2018-2027 USD Mn)
9.1.6.1. Germany
9.1.6.1.1. Germany Smart Water Management Market by Meter (2018-2027 USD Mn)
9.1.6.1.2. Germany Smart Water Management Market by Solution (2018-2027 USD Mn)
9.1.6.1.3. Germany Smart Water Management Market by Services (2018-2027 USD Mn)
9.1.6.1.4. Germany Smart Water Management Market by End-Use (2018-2027 USD Mn)
9.1.6.2. U.K.
9.1.6.2.1. U.K. Smart Water Management Market by Meter (2018-2027 USD Mn)
9.1.6.2.2. U.K. Smart Water Management Market by Solution (2018-2027 USD Mn)
9.1.6.2.3. U.K. Smart Water Management Market by Services (2018-2027 USD Mn)
9.1.6.2.4. U.K. Smart Water Management Market by End-Use (2018-2027 USD Mn)
9.1.6.3. France
9.1.6.3.1. France Smart Water Management Market by Meter (2018-2027 USD Mn)
9.1.6.3.2. France Smart Water Management Market by Solution (2018-2027 USD Mn)
9.1.6.3.3. France Smart Water Management Market by Services (2018-2027 USD Mn)
9.1.6.3.4. France Smart Water Management Market by End-Use (2018-2027 USD Mn)
9.1.6.4. Italy
9.1.6.4.1. Italy Smart Water Management Market by Meter (2018-2027 USD Mn)
9.1.6.4.2. Italy Smart Water Management Market by Solution (2018-2027 USD Mn)
9.1.6.4.3. Italy Smart Water Management Market by Services (2018-2027 USD Mn)
9.1.6.4.4. Italy Smart Water Management Market by End-Use (2018-2027 USD Mn)
9.1.6.5. Rest of Europe
9.1.6.5.1. Rest of Europe Smart Water Management Market by Meter (2018-2027 USD Mn)
9.1.6.5.2. Rest of Europe Smart Water Management Market by Solution (2018-2027 USD Mn)
9.1.6.5.3. Rest of Europe Smart Water Management Market by Services (2018-2027 USD Mn)
9.1.6.5.4. Rest of Europe Smart Water Management Market by End-Use (2018-2027 USD Mn)
10. Asia Pacific Smart Water Management Market Analysis and Forecast, 2018 – 2027 (USD Mn)
10.1.1. Overview
10.1.2. Asia Pacific Smart Water Management Market by Meter (2018-2027 USD Mn)
10.1.3. Asia Pacific Smart Water Management Market by Solution (2018-2027 USD Mn)
10.1.4. Asia Pacific Smart Water Management Market by Services (2018-2027 USD Mn)
10.1.5. Asia Pacific Smart Water Management Market by End-Use (2018-2027 USD Mn)
10.1.6. Asia Pacific Smart Water Management Market by Country (2018-2027 USD Mn)
10.1.6.1. China
10.1.6.1.1. China Smart Water Management Market by Meter (2018-2027 USD Mn)
10.1.6.1.2. China Smart Water Management Market by Solution (2018-2027 USD Mn)
10.1.6.1.3. China Smart Water Management Market by Services (2018-2027 USD Mn)
10.1.6.1.4. China Smart Water Management Market by End-Use (2018-2027 USD Mn)
10.1.6.2. Japan
10.1.6.2.1. Japan Smart Water Management Market by Meter (2018-2027 USD Mn)
10.1.6.2.2. Japan Smart Water Management Market by Solution (2018-2027 USD Mn)
10.1.6.2.3. Japan Smart Water Management Market by Services (2018-2027 USD Mn)
10.1.6.2.4. Japan Smart Water Management Market by End-Use (2018-2027 USD Mn)
10.1.6.3. Rest of Asia Pacific
10.1.6.3.1. Rest of Asia Pacific Smart Water Management Market by Meter (2018-2027 USD Mn)
10.1.6.3.2. Rest of Asia Pacific Smart Water Management Market by Solution (2018-2027 USD Mn)
10.1.6.3.3. Rest of Asia Pacific Smart Water Management Market by Services (2018-2027 USD Mn)
10.1.6.3.4. Rest of Asia Pacific Smart Water Management Market by End-Use (2018-2027 USD Mn)
11. Latin America (LATAM) Smart Water Management Market Analysis and Forecast, 2018 – 2027 (USD Mn)
11.1.1. Overview
11.1.2. Latin America Smart Water Management Market by Meter (2018-2027 USD Mn)
11.1.3. Latin America Smart Water Management Market by Solution (2018-2027 USD Mn)
11.1.4. Latin America Smart Water Management Market by Services (2018-2027 USD Mn)
11.1.5. Latin America Smart Water Management Market by End-Use (2018-2027 USD Mn)
11.1.6. Latin America Smart Water Management Market by Country (2018-2027 USD Mn)
11.1.6.1. Brazil
11.1.6.1.1. Brazil Smart Water Management Market by Meter (2018-2027 USD Mn)
11.1.6.1.2. Brazil Smart Water Management Market by Solution (2018-2027 USD Mn)
11.1.6.1.3. Brazil Smart Water Management Market by Services (2018-2027 USD Mn)
11.1.6.1.4. Brazil Smart Water Management Market by End-Use (2018-2027 USD Mn)
11.1.6.2. Mexico
11.1.6.2.1. Mexico Smart Water Management Market by Meter (2018-2027 USD Mn)
11.1.6.2.2. Mexico Smart Water Management Market by Solution (2018-2027 USD Mn)
11.1.6.2.3. Mexico Smart Water Management Market by Services (2018-2027 USD Mn)
11.1.6.2.4. Mexico Smart Water Management Market by End-Use (2018-2027 USD Mn)
11.1.6.3. Rest of Latin America
11.1.6.3.1. Rest of Latin America Smart Water Management Market by Meter (2018-2027 USD Mn)
11.1.6.3.2. Rest of Latin America Smart Water Management Market by Solution (2018-2027 USD Mn)
11.1.6.3.3. Rest of Latin America Smart Water Management Market by Services (2018-2027 USD Mn)
11.1.6.3.4. Rest of Latin America Smart Water Management Market by End-Use (2018-2027 USD Mn)
12. Middle East and Africa Smart Water Management Market Analysis and Forecast, 2018 – 2027 (USD Mn)
12.1.1. Overview
12.1.2. MEA Smart Water Management Market by Meter (2018-2027 USD Mn)
12.1.3. MEA Smart Water Management Market by Solution (2018-2027 USD Mn)
12.1.4. MEA Smart Water Management Market by Services (2018-2027 USD Mn)
12.1.5. MEA Smart Water Management Market by End-Use (2018-2027 USD Mn)
12.1.6. Middle East and Africa Smart Water Management Market, by Country (2018-2027 USD Mn)
12.1.6.1. GCC
12.1.6.1.1. GCC Smart Water Management Market by Meter (2018-2027 USD Mn)
12.1.6.1.2. GCC Smart Water Management Market by Solution (2018-2027 USD Mn)
12.1.6.1.3. GCC Smart Water Management Market by Services (2018-2027 USD Mn)
12.1.6.1.4. GCC Smart Water Management Market by End-Use (2018-2027 USD Mn)
12.1.6.2. South Africa
12.1.6.2.1. South Africa Smart Water Management Market by Meter (2018-2027 USD Mn)
12.1.6.2.2. South Africa Smart Water Management Market by Solution (2018-2027 USD Mn)
12.1.6.2.3. South Africa Smart Water Management Market by Services (2018-2027 USD Mn)
12.1.6.2.4. South Africa Smart Water Management Market by End-Use (2018-2027 USD Mn)
12.1.6.3. Rest of MEA
12.1.6.3.1. Rest of MEA Smart Water Management Market by Meter (2018-2027 USD Mn)
12.1.6.3.2. Rest of MEA Smart Water Management Market by Solution (2018-2027 USD Mn)
12.1.6.3.3. Rest of MEA Smart Water Management Market by Services (2018-2027 USD Mn)
12.1.6.3.4. Rest of MEA Smart Water Management Market by End-Use (2018-2027 USD Mn)
13. Company Profiles
13.1. ABB
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Itron
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. General Electric
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. IBM Corporation
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Neptune Technology Group
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Schneider Electric
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. SAP SE
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. SENSUS USA INC.
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. Elster Group SE
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. Radius Synergies International Pvt Ltd.
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
13.11. Global Water Management
13.11.1. Business Description
13.11.2. Financial Health and Budget Allocation
13.11.3. Product Positions/Portfolio
13.11.4. Recent Development
13.11.5. SWOT Analysis
$ 4800/- Multi User License $ 6800/- Corporate License
- Markets in over 100+ countries analyzed granularly
- 35% of our total client are returning clients
- 1000+ customers globally
- 100+ paid data sources mined to bring cutting-edge insights
- 24x5 availability - we are always there when you need us
- "Free of Cost Report Customization" is available
- Request a regional report at Best Price
- Our expert team will assist you with all research need and customization
- Our expert research analysts will resolve your every query before and after purchasing the report