出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年10月
Smart Water Management Market – Global Forecast to 2028
スマート水管理市場 : 水道メーター（AMR、AMI）、ソリューション（企業資産管理、ネットワーク管理、スマート灌漑）、サービス（プロフェッショナル、マネージド）、エンドユーザー（住宅、商業、産業）、地域別 – 2028年までの世界予測
Smart Water Management Market by Water Meter (AMR, AMI), Solution (Enterprise Asset Management, Network Management, Smart Irrigation), Service (Professional, Managed), End User (Residential, Commercial, Industrial) and Region – Global Forecast to 2028
| ページ数 | 264 |
| 図表数 | 355 |
| 種別 | 英文調査報告書 |
| 価格 |
Report Overview
The Smart water management market size is expected to grow from USD 16.6 billion in 2023 to USD 28.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period. Consumers increasingly demand high-quality water services, including safe drinking water, reliable wastewater treatment, and efficient stormwater management. Smart water management solutions can help utilities meet these demands by providing real-time data and insights that can be used to improve water quality, reduce water loss, and optimize operations.
Among water meters, AMI Meters to hold the highest market share during the forecast period
AMI water meters are a component of this infrastructure used to measure and monitor water consumption in a more advanced and intelligent manner compared to traditional water meters. hese meters are equipped with technology that allows them to collect and transmit data about water usage remotely and in real-time The growing concern over water scarcity and the need for sustainable water practices is driving the market . Additionally, regulatory mandates, environmental consciousness, and the quest for cost savings have all contributed to the increasing adoption of AMI water meters.
Among solutions, Enterprise Asset Management to hold the highest market share during the forecast period
Enterprise asset management (EAM) solutions are increasingly important in the smart water management market. EAM solutions help utilities to track, manage, and maintain their physical assets throughout their entire lifecycle, from procurement to disposal. Water infrastructure is becoming increasingly complex, integrating new technologies such as IoT sensors and artificial intelligence (AI). EAM solutions can help utilities manage this complexity by providing a unified view of their assets and operations.
Among regions, Asia Pacific is to hold a higher CAGR during the forecast period.
Asia Pacific is the most urbanized region in the world, with over half of the population living in cities. Rapid urbanization and population growth are increasing pressure on water resources and infrastructure. Smart water management solutions can help to conserve water resources, improve water efficiency, and reduce water loss.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the smart water management market.
§ By Company: Tier I: 35%, Tier II: 39%, and Tier III: 26%
§ By Designation: C-Level Executives: 55%, Directors: 40%, and others: 5%
§ By Region: North America: 30%, Europe: 35%, Asia Pacific: 25%, RoW-10%
The report includes studying key players offering Smart water management solutions and services. It profiles major vendors in the global Smart water management market. The major vendors in the global Smart water management market include Siemens (Germany), IBM (US), ABB (Switzerland), Honeywell Elster (US), Schneider Electric (France), Itron (US), SUEZ ( France), Oracle (US), Landis+Gyr (Switzerland), Trimble Water (US), Xylem (US), Kamstrup (Denmark), HydroPoint (US), i2O (UK), Xenius (India), Neptune Technology (US), TaKaDu (Israel), Badger Meter (US), AquamatiX (UK), Lishtot (Israel), CityTaps ( France), FREDsense (Canada), Fracta (US), Smart Energy Water (US), Ayyeka ((US), Ketos (US).
Research Coverage
The market study covers the Smart water management market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as offering, end-users, technology, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to Buy the Report
The report would help the market leaders and new entrants in the following ways:
• It comprehensively segments the smart water management market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different regions.
• It would help stakeholders understand the market’s pulse and provide information on the key market drivers, restraints, challenges, and opportunities.
• It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape includes a competitor ecosystem, new service developments, partnerships, and mergers and acquisitions.
The report provides insights on the following pointers:
Analysis of key drivers (growing rapid urbanization, rising complexities of managing water usage, need for regulatory and sustainability mandates concerning environment, rising need to replace aging water infrastructure) restraints (integration of water systems with modern smart solutions, reduced shelf-life of smart meters) opportunities (increasing role of smart water management in smart city revolution, Strong government initiatives and regulatory implementations to promote SWM solutions) challenges (difficulty in technology implementation over legacy infrastructure, high initial investments and lower return) influencing the growth of the smart water management market. Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in smart water management market. Market Development: Comprehensive information about lucrative markets – the report analyses the Smart water management market across varied regions.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the smart water management market. Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Siemens (Germany), IBM (US), ABB (Switzerland), Honeywell Elster (US), Schneider Electric (France), Itron (US), SUEZ ( France), Oracle (US), Landis+Gyr (Switzerland), Trimble Water (US), Xylem (US), Kamstrup (Denmark), HydroPoint (US), i2O (UK), Xenius (India), Neptune Technology (US), TaKaDu (Israel), Badger Meter (US), AquamatiX (UK), Lishtot (Israel), CityTaps ( France), FREDsense (Canada), Fracta (US), Smart Energy Water (US), Ayyeka ((US), Ketos (US).
Table of Contents
1 INTRODUCTION 44
1.1 STUDY OBJECTIVES 44
1.2 MARKET DEFINITION 44
1.2.1 INCLUSIONS AND EXCLUSIONS 44
1.3 STUDY SCOPE 45
1.3.1 MARKET SEGMENTATION 45
1.3.2 REGIONS COVERED 46
1.4 YEARS CONSIDERED 46
1.5 CURRENCY CONSIDERED 47
TABLE 1 USD EXCHANGE RATES, 2020–2022 47
1.6 STAKEHOLDERS 47
1.7 RECESSION IMPACT 48
1.8 SUMMARY OF CHANGES 48
2 RESEARCH METHODOLOGY 49
2.1 RESEARCH DATA 49
FIGURE 1 RESEARCH DESIGN 49
2.1.1 SECONDARY DATA 50
2.1.2 PRIMARY DATA 50
2.1.2.1 Breakdown of primary interviews 51
TABLE 2 SMART WATER MANAGEMENT MARKET: PRIMARY RESPONDENTS 51
2.1.2.2 Key industry insights 52
2.2 MARKET BREAKUP AND DATA TRIANGULATION 52
2.3 MARKET SIZE ESTIMATION 53
FIGURE 2 SMART WATER MANAGEMENT MARKET SIZE ESTIMATION 53
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY-SIDE): REVENUE OF SMART WATER MANAGEMENT SERVICES 54
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF FOCUS AREAS OF SMART WATER MANAGEMENT MARKET 55
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2 (TOP-DOWN): SHARE OF SMART WATER MANAGEMENT MARKET THROUGH SMART CITIES 56
2.4 MARKET FORECAST 57
TABLE 3 FACTOR ANALYSIS 57
2.5 RESEARCH ASSUMPTIONS 58
2.6 LIMITATIONS AND RISK ASSESSMENT 58
2.7 IMPLICATIONS OF RECESSION 58
3 EXECUTIVE SUMMARY 59
FIGURE 6 SMART WATER MANAGEMENT MARKET, 2021–2028 (USD MILLION) 60
FIGURE 7 SMART WATER MANAGEMENT MARKET: HOLISTIC VIEW 61
FIGURE 8 ASIA PACIFIC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 62
4 PREMIUM INSIGHTS 63
4.1 OPPORTUNITIES FOR PLAYERS IN SMART WATER MANAGEMENT MARKET 63
FIGURE 9 REPLACEMENT OF AGING INFRASTRUCTURE TO DRIVE SMART WATER MANAGEMENT MARKET GROWTH 63
4.2 IMPACT OF RECESSION IN SMART WATER MANAGEMENT MARKET 63
FIGURE 10 SMART WATER MANAGEMENT MARKET TO WITNESS MINOR DECLINE IN Y-O-Y GROWTH IN 2023 63
4.3 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY OFFERING AND END USER 64
FIGURE 11 NORTH AMERICA: SOLUTIONS AND INDUSTRIAL SEGMENTS TO ACCOUNT FOR SIGNIFICANT SHARE IN 2023 64
4.4 EUROPE: SMART WATER MANAGEMENT MARKET, BY OFFERING AND END USER 64
FIGURE 12 EUROPE: SOLUTIONS AND INDUSTRIAL SEGMENTS TO ACCOUNT FOR SIGNIFICANT SHARE IN 2023 64
4.5 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY OFFERING AND END USER 65
FIGURE 13 ASIA PACIFIC: SOLUTIONS AND INDUSTRIAL SEGMENTS TO ACCOUNT FOR SIGNIFICANT SHARE IN 2023 65
5 MARKET OVERVIEW AND INDUSTRY TRENDS 66
5.1 MARKET OVERVIEW 66
5.2 MARKET DYNAMICS 66
FIGURE 14 SMART WATER MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 66
5.2.1 DRIVERS 67
5.2.1.1 Rapid urbanization 67
5.2.1.2 Rising complexities of managing water usage 67
5.2.1.3 Need for regulatory and sustainability mandates concerning environment 68
5.2.1.4 Rising need to replace aging water infrastructure 68
5.2.2 RESTRAINTS 68
5.2.2.1 Integration of water systems with modern smart solutions 68
5.2.2.2 Reduced shelf-life of smart meters 69
5.2.3 OPPORTUNITIES 69
5.2.3.1 Increasing role of smart water management in smart city revolution 69
5.2.3.2 Strong government initiatives and regulatory implementations to promote smart water management solutions 69
5.2.4 CHALLENGES 70
5.2.4.1 Difficulty in technology implementation over legacy infrastructure 70
5.2.4.2 High initial investments and low returns 70
5.3 EVOLUTION OF SMART WATER MANAGEMENT SERVICES 71
FIGURE 15 EVOLUTION OF SMART WATER MANAGEMENT SERVICES 71
FIGURE 16 ECOSYSTEM MAP 71
5.4 VALUE CHAIN ANALYSIS 71
FIGURE 17 SMART WATER MANAGEMENT MARKET: VALUE CHAIN ANALYSIS 72
5.5 ECOSYSTEM ANALYSIS 73
TABLE 4 ECOSYSTEM ANALYSIS 73
5.6 PATENT ANALYSIS 74
FIGURE 18 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS 74
TABLE 5 TOP 20 PATENT OWNERS (US) 74
FIGURE 19 NUMBER OF PATENTS GRANTED, 2013–2023 75
5.7 TRADE ANALYSIS 75
5.7.1 EXPORT SCENARIO OF WATER METERS 75
FIGURE 20 EXPORT OF WATER METERS, BY KEY COUNTRY, 2015–2022 (USD MILLION) 76
5.7.2 IMPORT SCENARIO OF WATER METERS 76
FIGURE 21 IMPORT OF WATER METERS, BY KEY COUNTRY, 2015–2022 (USD MILLION) 77
5.8 CASE STUDIES 78
5.8.1 CASE STUDY 1: SOUTHERN WATER INSTALLED NEW METERS TO HELP CUSTOMERS TAKE CONTROL OF THEIR WATER BILLS 78
5.8.2 CASE STUDY 2: LOS ANGELES DEPARTMENT OF WATER AND POWER INSTALLED TRIMBLE ERESPOND INCIDENT MANAGEMENT SOLUTION TO IMPROVE OVERALL INCIDENT MANAGEMENT AND CUSTOMER RELATIONS 78
5.8.3 USE CASE 3: LAS VEGAS VALLEY WATER DISTRICT INSTALLED MUELLER WATER PRODUCTS’ ECHOSHORE®-TX PERMANENT LEAK DETECTION PLATFORM TO REDUCE WATER LOSS DUE TO LEAKAGE 79
5.8.4 USE CASES 4: ILLINOIS WATER DEPARTMENT INSTALLED NEPTUNE MOBILE AMR TO FACILITATE FAST DATA COLLECTION 79
5.8.5 CASE STUDY 5: K-WATER INTRODUCED SMART WATER MANAGEMENT SOLUTIONS TO ENSURE SUSTAINABLE WATER SUPPLY TO EVERY CITIZEN 80
5.9 PRICING ANALYSIS 80
5.9.1 INDICATIVE PRICING ANALYSIS, BY KEY OFFERING 80
TABLE 6 INDICATIVE PRICING ANALYSIS, BY KEY OFFERING 80
5.10 TECHNOLOGY ANALYSIS 81
5.10.1 KEY TECHNOLOGIES 81
5.10.1.1 Artificial Intelligence (AI) 81
5.10.1.2 Internet of Things (IoT) 81
5.10.1.3 Big Data Analytics 81
5.10.1.4 5G Network 82
5.10.2 ADJACENT TECHNOLOGIES 82
5.10.2.1 Edge Computing 82
5.10.2.2 Digital Twin 82
5.11 KEY CONFERENCES & EVENTS, 2023–2024 82
TABLE 7 SMART WATER MANAGEMENT MARKET: LIST OF KEY CONFERENCES & EVENTS 82
5.12 PORTER’S FIVE FORCES ANALYSIS 83
TABLE 8 SMART WATER MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 83
5.12.1 THREAT OF NEW ENTRANTS 83
5.12.2 THREAT OF SUBSTITUTES 83
5.12.3 BARGAINING POWER OF BUYERS 84
5.12.4 BARGAINING POWER OF SUPPLIERS 84
5.12.5 INTENSITY OF COMPETITIVE RIVALRY 84
5.13 REGULATORY LANDSCAPE 84
5.14 TRENDS/DISRUPTIONS IMPACTING BUYERS 85
FIGURE 22 SMART WATER MANAGEMENT MARKET: TRENDS/DISRUPTIONS IMPACTING BUYERS 85
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 86
5.15.1 KEY STAKEHOLDERS ON BUYING PROCESS 86
FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS 86
TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS 86
5.15.2 BUYING CRITERIA 87
FIGURE 24 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 87
TABLE 10 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 87
5.16 BEST PRACTICES IN SMART WATER MANAGEMENT MARKET 87
5.16.1 COMPREHENSIVE DATA COLLECTION 87
5.16.2 ADVANCED DATA ANALYTICS 88
5.16.3 LEAK DETECTION AND PREVENTION 88
5.16.4 REAL-TIME MONITORING 88
5.16.5 DEMAND FORECASTING 88
5.16.6 REMOTE CONTROL AND AUTOMATION 88
5.16.7 SMART METERING AND BILLING 88
5.17 TECHNOLOGY ROADMAP FOR SMART WATER MANAGEMENT MARKET 89
TABLE 11 TECHNOLOGY ROADMAP FOR SMART WATER MANAGEMENT MARKET, 2023–2030 89
5.18 BUSINESS MODELS OF SMART WATER MANAGEMENT MARKET 89
6 SMART WATER MANAGEMENT MARKET, BY OFFERING 92
6.1 INTRODUCTION 93
FIGURE 25 SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 93
6.1.1 OFFERINGS: SMART WATER MANAGEMENT MARKET DRIVERS 93
TABLE 12 SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 94
TABLE 13 SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 94
6.2 WATER METERS 94
FIGURE 26 AMR METERS SEGMENT TO GROW AT HIGHER CAGR BY 2028 95
TABLE 14 WATER METERS: SMART WATER MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 95
TABLE 15 WATER METERS: SMART WATER MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 95
TABLE 16 WATER METERS: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 96
TABLE 17 WATER METERS: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 96
6.2.1 AMR METERS 96
6.2.1.1 Need to eliminate issues, such as inaccurate invoicing and poor customer service, to drive popularity of AMR meters 96
TABLE 18 AMR METERS: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 97
TABLE 19 AMR METERS: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 97
6.2.2 AMI METERS 97
6.2.2.1 Demand to replace legacy systems in residential, commercial, and industrial setups to propel market 97
TABLE 20 AMI METERS: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 98
TABLE 21 AMI METERS: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 98
6.3 SOLUTIONS 98
FIGURE 27 ENTERPRISE ASSET MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST SHARE 99
TABLE 22 SOLUTIONS: SMART WATER MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 99
TABLE 23 SOLUTIONS: SMART WATER MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 100
TABLE 24 SOLUTIONS: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 100
TABLE 25 SOLUTIONS: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 100
6.3.1 ENTERPRISE ASSET MANAGEMENT 101
6.3.1.1 Growing need for effective management solutions to manage high input costs to drive market 101
TABLE 26 ENTERPRISE ASSET MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 101
TABLE 27 ENTERPRISE ASSET MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 101
TABLE 28 ENTERPRISE ASSET MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 101
TABLE 29 ENTERPRISE ASSET MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 102
6.3.1.2 Asset condition monitoring 102
TABLE 30 ASSET CONDITION MONITORING: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 102
TABLE 31 ASSET CONDITION MONITORING: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 103
6.3.1.3 Predictive maintenance 103
TABLE 32 PREDICTIVE MAINTENANCE: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 103
TABLE 33 PREDICTIVE MAINTENANCE: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 104
6.3.2 ANALYTICS & DATA MANAGEMENT 104
6.3.2.1 Need for processing huge amounts of data into actionable insights to propel market 104
TABLE 34 ANALYTICS & DATA MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 104
TABLE 35 ANALYTICS & DATA MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 104
TABLE 36 ANALYTICS & DATA MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 105
TABLE 37 ANALYTICS & DATA MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 105
6.3.2.2 Meter data management 105
TABLE 38 METER DATA MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 105
TABLE 39 METER DATA MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 106
6.3.2.3 Supervisory control & data acquisition 106
TABLE 40 SUPERVISORY CONTROL & DATA ACQUISITION: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 106
TABLE 41 SUPERVISORY CONTROL & DATA ACQUISITION: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 107
6.3.3 SECURITY 107
6.3.3.1 Demand to manage water supply networks to boost growth 107
TABLE 42 SECURITY: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 107
TABLE 43 SECURITY: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 108
6.3.4 SMART IRRIGATION MANAGEMENT 108
6.3.4.1 Rising need for sustainable and responsible irrigation solutions to encourage market expansion 108
TABLE 44 SMART IRRIGATION MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 108
TABLE 45 SMART IRRIGATION MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 109
6.3.5 ADVANCED PRESSURE MANAGEMENT 109
6.3.5.1 Increasing water loss due to leakage and rising incidental expenses to drive growth 109
TABLE 46 ADVANCED PRESSURE MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 109
TABLE 47 ADVANCED PRESSURE MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 110
6.3.6 MOBILE WORKFORCE MANAGEMENT 110
6.3.6.1 Aging infrastructure and workforce transitions to encourage adoption of MWM solutions among leading players 110
TABLE 48 MOBILE WORKFORCE MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 110
TABLE 49 MOBILE WORKFORCE MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 111
6.3.7 NETWORK MANAGEMENT 111
6.3.7.1 Rising need for smarter infrastructure to drive market 111
TABLE 50 NETWORK MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 111
TABLE 51 NETWORK MANAGEMENT: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 112
6.3.8 CUSTOMER INFORMATION SYSTEM & BILLING 112
6.3.8.1 Growing demand to streamline utility operations and provide quality services to boost growth 112
TABLE 52 CIS AND BILLING: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 112
TABLE 53 CIS AND BILLING: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 113
6.3.9 LEAK DETECTION 113
6.3.9.1 Growing need to detect leaks in pipelines and other water network assets to drive market 113
TABLE 54 LEAK DETECTION: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 113
TABLE 55 LEAK DETECTION: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 114
6.3.10 OTHER SOLUTIONS 114
TABLE 56 OTHER SOLUTIONS: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 114
TABLE 57 OTHER SOLUTIONS: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 115
6.4 SERVICES 115
FIGURE 28 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 115
TABLE 58 SERVICES: SMART WATER MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 116
TABLE 59 SERVICES: SMART WATER MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 116
TABLE 60 SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 116
TABLE 61 SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 116
6.4.1 PROFESSIONAL SERVICES 117
6.4.1.1 Increasing complexity of operations to drive demand for professional services 117
TABLE 62 PROFESSIONAL SERVICES: SMART WATER MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 117
TABLE 63 PROFESSIONAL SERVICES: SMART WATER MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 117
TABLE 64 PROFESSIONAL SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 118
TABLE 65 PROFESSIONAL SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 118
6.4.1.2 Consulting services 118
TABLE 66 CONSULTING SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 119
TABLE 67 CONSULTING SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 119
6.4.1.3 System integration & deployment services 119
TABLE 68 SYSTEM INTEGRATION & DEPLOYMENT SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 119
TABLE 69 SYSTEM INTEGRATION & DEPLOYMENT SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 120
6.4.1.4 Support & maintenance services 120
TABLE 70 SUPPORT & MAINTENANCE SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 120
TABLE 71 SUPPORT & MAINTENANCE SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 121
6.4.2 MANAGED SERVICES 121
6.4.2.1 Rising need to improve operations and cut down expenses to spur growth 121
TABLE 72 MANAGED SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 121
TABLE 73 MANAGED SERVICES: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 122
7 SMART WATER MANAGEMENT MARKET, BY END USER 123
7.1 INTRODUCTION 124
FIGURE 29 RESIDENTIAL SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 124
7.1.1 END USERS: SMART WATER MANAGEMENT MARKET DRIVERS 124
TABLE 74 SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 125
TABLE 75 SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 125
7.2 RESIDENTIAL 125
7.2.1 DEMAND FOR FRESHWATER IN RESIDENTIAL AREAS TO DRIVE ADOPTION OF SMART WATER SOLUTIONS 125
7.2.2 RESIDENTIAL: SMART WATER MANAGEMENT USE CASES 125
7.2.2.1 Leak detection 125
7.2.2.2 Irrigation control 126
7.2.2.3 Appliances efficiency 126
7.2.2.4 Remote monitoring 126
TABLE 76 RESIDENTIAL: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 126
TABLE 77 RESIDENTIAL: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 126
7.3 COMMERCIAL 127
7.3.1 NEED TO COMBAT WATER CHALLENGES TO MAINTAIN GOOD WATER QUALITY TO PROPEL MARKET 127
7.3.2 COMMERCIAL: SMART WATER MANAGEMENT USE CASES 127
7.3.2.1 Facility management 127
7.3.2.2 Tenant billing 127
7.3.2.3 Sustainable practices 127
7.3.2.4 Predictive maintenance 127
7.3.2.5 Regulatory compliance 128
TABLE 78 COMMERCIAL: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 128
TABLE 79 COMMERCIAL: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 128
7.4 INDUSTRIAL 128
7.4.1 GROWING AWARENESS AMONG INDUSTRIES REGARDING IMPACT OF WATER WASTAGE TO DRIVE POPULARITY OF SMART WATER MANAGEMENT SOLUTIONS 128
7.4.2 MANUFACTURING 129
7.4.3 ENERGY & UTILITIES 129
7.4.4 AGRICULTURE 129
7.4.5 MINING 129
7.4.6 OTHERS 130
7.4.7 INDUSTRIAL: SMART WATER MANAGEMENT USE CASES 130
7.4.7.1 Process optimization 130
7.4.7.2 Water quality monitoring 130
7.4.7.3 Energy efficiency 130
7.4.7.4 Remote operation 130
TABLE 80 INDUSTRIAL: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 131
TABLE 81 INDUSTRIAL: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 131
TABLE 82 INDUSTRIAL: SMART WATER MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 131
TABLE 83 INDUSTRIAL: SMART WATER MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 132
8 SMART WATER MANAGEMENT MARKET, BY TECHNOLOGY 133
8.1 INTRODUCTION 134
8.1.1 TECHNOLOGIES: SMART WATER MANAGEMENT MARKET DRIVERS 134
8.2 IOT 134
8.2.1 NEED TO COLLECT REAL-TIME DATA ON WATER QUALITY TO BOOST ADOPTION OF IOT SOLUTIONS IN SMART WATER MANAGEMENT 134
8.3 ARTIFICIAL INTELLIGENCE 134
8.3.1 ADOPTION OF AI SOLUTIONS TO ANALYZE VAST AMOUNTS OF DATA GENERATED BY IOT SENSORS TO BOOST MARKET 134
8.4 BIG DATA & ANALYTICS 135
8.4.1 USE OF BIG DATA & ANALYTICS TO ANALYZE HISTORICAL DATA AND IDENTIFY CONSUMPTION PATTERNS TO SPUR GROWTH 135
8.5 CLOUD COMPUTING 135
8.5.1 RISING DEMAND FOR SCALABLE AND FLEXIBLE PLATFORMS TO STORE AND PROCESS WATER-RELATED DATA TO ENCOURAGE GROWTH 135
8.6 OTHER TECHNOLOGIES 135
9 SMART WATER MANAGEMENT MARKET, BY REGION 136
9.1 INTRODUCTION 137
FIGURE 30 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 137
TABLE 84 SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 138
TABLE 85 SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 138
9.2 NORTH AMERICA 138
9.2.1 NORTH AMERICA: SMART WATER MANAGEMENT MARKET DRIVERS 139
9.2.2 NORTH AMERICA: RECESSION IMPACT 139
9.2.3 NORTH AMERICA: REGULATORY LANDSCAPE 139
FIGURE 31 NORTH AMERICA: MARKET SNAPSHOT 140
TABLE 86 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 140
TABLE 87 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 141
TABLE 88 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2018–2022 (USD MILLION) 141
TABLE 89 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2023–2028 (USD MILLION) 141
TABLE 90 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 141
TABLE 91 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 142
TABLE 92 NORTH AMERICA: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 142
TABLE 93 NORTH AMERICA: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 142
TABLE 94 NORTH AMERICA: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 143
TABLE 95 NORTH AMERICA: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 143
TABLE 96 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2018–2022 (USD MILLION) 143
TABLE 97 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2023–2028 (USD MILLION) 143
TABLE 98 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 144
TABLE 99 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 144
TABLE 100 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 144
TABLE 101 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 144
TABLE 102 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2018–2022 (USD MILLION) 145
TABLE 103 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2023–2028 (USD MILLION) 145
TABLE 104 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 145
TABLE 105 NORTH AMERICA: SMART WATER MANAGEMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 145
9.2.4 US 146
9.2.4.1 Dire need to replace aging infrastructure to foster growth 146
TABLE 106 US: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 146
TABLE 107 US: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 146
TABLE 108 US: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2018–2022 (USD MILLION) 147
TABLE 109 US: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2023–2028 (USD MILLION) 147
TABLE 110 US: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 147
TABLE 111 US: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 148
TABLE 112 US: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 148
TABLE 113 US: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 148
TABLE 114 US: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 148
TABLE 115 US: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 149
TABLE 116 US: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2018–2022 (USD MILLION) 149
TABLE 117 US: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2023–2028 (USD MILLION) 149
TABLE 118 US: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 149
TABLE 119 US: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 149
TABLE 120 US: SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 150
TABLE 121 US: SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 150
TABLE 122 US: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2018–2022 (USD MILLION) 150
TABLE 123 US: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2023–2028 (USD MILLION) 150
9.2.5 CANADA 151
9.2.5.1 Increasing investments in industrial development to boost growth 151
9.3 EUROPE 151
9.3.1 EUROPE: SMART WATER MANAGEMENT MARKET DRIVERS 152
9.3.2 EUROPE: RECESSION IMPACT 153
9.3.3 EUROPE: REGULATORY LANDSCAPE 153
TABLE 124 EUROPE: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 154
TABLE 125 EUROPE: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 154
TABLE 126 EUROPE: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2018–2022 (USD MILLION) 154
TABLE 127 EUROPE: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2023–2028 (USD MILLION) 154
TABLE 128 EUROPE: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 155
TABLE 129 EUROPE: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 155
TABLE 130 EUROPE: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 156
TABLE 131 EUROPE: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 156
TABLE 132 EUROPE: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 156
TABLE 133 EUROPE: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 156
TABLE 134 EUROPE: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2018–2022 (USD MILLION) 157
TABLE 135 EUROPE: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2023–2028 (USD MILLION) 157
TABLE 136 EUROPE: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 157
TABLE 137 EUROPE: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 157
TABLE 138 EUROPE: SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 158
TABLE 139 EUROPE: SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 158
TABLE 140 EUROPE: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2018–2022 (USD MILLION) 158
TABLE 141 EUROPE: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2023–2028 (USD MILLION) 158
TABLE 142 EUROPE: SMART WATER MANAGEMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 159
TABLE 143 EUROPE: SMART WATER MANAGEMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 159
9.3.4 UK 159
9.3.4.1 Adoption of smart solutions by water agencies to cut down water leakage incidents to drive growth 159
TABLE 144 UK: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 160
TABLE 145 UK: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 160
TABLE 146 UK: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2018–2022 (USD MILLION) 160
TABLE 147 UK: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2023–2028 (USD MILLION) 160
TABLE 148 UK: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 161
TABLE 149 UK: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 161
TABLE 150 UK: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 162
TABLE 151 UK: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 162
TABLE 152 UK: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 162
TABLE 153 UK: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 162
TABLE 154 UK: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2018–2022 (USD MILLION) 162
TABLE 155 UK: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2023–2028 (USD MILLION) 163
TABLE 156 UK: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 163
TABLE 157 UK: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 163
TABLE 158 UK: SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 163
TABLE 159 UK: SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 164
TABLE 160 UK: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2018–2022 (USD MILLION) 164
TABLE 161 UK: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2023–2028 (USD MILLION) 164
9.3.5 GERMANY 164
9.3.5.1 Need to improve water quality and clean up rivers to drive market 164
9.3.6 FRANCE 165
9.3.6.1 High usability of smart water management technologies to drive growth 165
9.3.7 REST OF EUROPE 165
9.4 ASIA PACIFIC 165
9.4.1 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET DRIVERS 166
9.4.2 ASIA PACIFIC: RECESSION IMPACT 167
9.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE 167
FIGURE 32 ASIA PACIFIC: MARKET SNAPSHOT 168
TABLE 162 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 168
TABLE 163 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 169
TABLE 164 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2018–2022 (USD MILLION) 169
TABLE 165 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2023–2028 (USD MILLION) 169
TABLE 166 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 170
TABLE 167 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 170
TABLE 168 ASIA PACIFIC: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 171
TABLE 169 ASIA PACIFIC: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 171
TABLE 170 ASIA PACIFIC: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 171
TABLE 171 ASIA PACIFIC: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 171
TABLE 172 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2018–2022 (USD MILLION) 172
TABLE 173 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2023–2028 (USD MILLION) 172
TABLE 174 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 172
TABLE 175 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 172
TABLE 176 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 173
TABLE 177 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 173
TABLE 178 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2018–2022 (USD MILLION) 173
TABLE 179 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2023–2028 (USD MILLION) 173
TABLE 180 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 174
TABLE 181 ASIA PACIFIC: SMART WATER MANAGEMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 174
9.4.4 CHINA 174
9.4.4.1 Government efforts to develop sustainable water supply strategies to encourage market expansion 174
TABLE 182 CHINA: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 175
TABLE 183 CHINA: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 175
TABLE 184 CHINA: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2018–2022 (USD MILLION) 175
TABLE 185 CHINA: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2023–2028 (USD MILLION) 175
TABLE 186 CHINA: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 176
TABLE 187 CHINA: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 176
TABLE 188 CHINA: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 177
TABLE 189 CHINA: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 177
TABLE 190 CHINA: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 177
TABLE 191 CHINA: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 177
TABLE 192 CHINA: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2018–2022 (USD MILLION) 178
TABLE 193 CHINA: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2023–2028 (USD MILLION) 178
TABLE 194 CHINA: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 178
TABLE 195 CHINA: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 178
TABLE 196 CHINA: SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 179
TABLE 197 CHINA: SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 179
TABLE 198 CHINA: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2018–2022 (USD MILLION) 179
TABLE 199 CHINA: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2023–2028 (USD MILLION) 179
9.4.5 JAPAN 180
9.4.5.1 Strong investments by leading players in new technologies to drive growth 180
9.4.6 SOUTH KOREA 180
9.4.6.1 Rising government initiatives to improve water management to boost growth 180
9.4.7 REST OF ASIA PACIFIC 181
9.5 MIDDLE EAST & AFRICA 181
9.5.1 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET DRIVERS 182
9.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 182
9.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE 183
TABLE 200 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 183
TABLE 201 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 183
TABLE 202 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2018–2022 (USD MILLION) 183
TABLE 203 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2023–2028 (USD MILLION) 184
TABLE 204 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 184
TABLE 205 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 185
TABLE 206 MIDDLE EAST & AFRICA: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 185
TABLE 207 MIDDLE EAST & AFRICA: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 185
TABLE 208 MIDDLE EAST & AFRICA: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 186
TABLE 209 MIDDLE EAST & AFRICA: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 186
TABLE 210 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2018–2022 (USD MILLION) 186
TABLE 211 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2023–2028 (USD MILLION) 186
TABLE 212 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 187
TABLE 213 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 187
TABLE 214 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 187
TABLE 215 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 187
TABLE 216 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2018–2022 (USD MILLION) 188
TABLE 217 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2023–2028 (USD MILLION) 188
TABLE 218 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 188
TABLE 219 MIDDLE EAST & AFRICA: SMART WATER MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 188
9.5.4 MIDDLE EAST 189
9.5.4.1 Active participation of governments in developing and upgrading infrastructure to drive market 189
9.5.5 AFRICA 189
9.5.5.1 Awareness about benefits of optimum consumption of water to propel market 189
9.6 LATIN AMERICA 189
9.6.1 LATIN AMERICA: SMART WATER MANAGEMENT MARKET DRIVERS 190
9.6.2 LATIN AMERICA: RECESSION IMPACT 190
9.6.3 LATIN AMERICA: REGULATORY LANDSCAPE 190
TABLE 220 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 191
TABLE 221 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 191
TABLE 222 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2018–2022 (USD MILLION) 191
TABLE 223 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY WATER METER, 2023–2028 (USD MILLION) 191
TABLE 224 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 192
TABLE 225 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 192
TABLE 226 LATIN AMERICA: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 193
TABLE 227 LATIN AMERICA: ENTERPRISE ASSET MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 193
TABLE 228 LATIN AMERICA: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 193
TABLE 229 LATIN AMERICA: ANALYTICS & DATA MANAGEMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 193
TABLE 230 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2018–2022 (USD MILLION) 194
TABLE 231 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY SERVICE, 2023–2028 (USD MILLION) 194
TABLE 232 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 194
TABLE 233 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 194
TABLE 234 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY END USER, 2018–2022 (USD MILLION) 195
TABLE 235 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY END USER, 2023–2028 (USD MILLION) 195
TABLE 236 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2018–2022 (USD MILLION) 195
TABLE 237 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY INDUSTRIAL TYPE, 2023–2028 (USD MILLION) 195
TABLE 238 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 196
TABLE 239 LATIN AMERICA: SMART WATER MANAGEMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 196
9.6.4 BRAZIL 196
9.6.4.1 Rapid population growth to drive demand for smart water management 196
9.6.5 MEXICO 197
9.6.5.1 Rising government incentives to support use of water-efficient technologies to drive demand 197
9.6.6 REST OF LATIN AMERICA 197
10 COMPETITIVE LANDSCAPE 198
10.1 OVERVIEW 198
10.2 STRATEGIES ADOPTED BY KEY PLAYERS 198
TABLE 240 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS 198
10.3 HISTORICAL REVENUE ANALYSIS FOR KEY PLAYERS 199
FIGURE 33 HISTORICAL REVENUE ANALYSIS, 2020–2022 199
10.4 MARKET SHARE ANALYSIS FOR KEY PLAYERS 200
TABLE 241 SMART WATER MANAGEMENT MARKET: INTENSITY OF COMPETITIVE RIVALRY 200
10.5 RANKING OF KEY PLAYERS 200
FIGURE 34 RANKING OF KEY PLAYERS, 2023 200
10.6 COMPETITIVE BENCHMARKING 201
TABLE 242 DETAILED LIST OF STARTUPS/SMES 201
TABLE 243 COMPETITIVE BENCHMARKING OF STARTUPS/SMES 202
TABLE 244 COMPETITIVE BENCHMARKING OF KEY PLAYERS 202
10.7 COMPANY EVALUATION MATRIX FOR KEY PLAYERS 203
FIGURE 35 COMPANY EVALUATION MATRIX FOR KEY PLAYERS: CRITERIA WEIGHTAGE 203
10.7.1 STARS 204
10.7.2 EMERGING LEADERS 204
10.7.3 PERVASIVE PLAYERS 204
10.7.4 PARTICIPANTS 204
FIGURE 36 COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2023 205
10.8 COMPANY EVALUATION MATRIX FOR STARTUPS/SMES 206
FIGURE 37 COMPANY EVALUATION MATRIX FOR STARTUPS/SMES: CRITERIA WEIGHTAGE 206
10.8.1 PROGRESSIVE COMPANIES 206
10.8.2 RESPONSIVE COMPANIES 206
10.8.3 DYNAMIC COMPANIES 206
10.8.4 STARTING BLOCKS 206
FIGURE 38 COMPANY EVALUATION MATRIX FOR STARTUPS/SMES, 2023 207
10.9 COMPETITIVE SCENARIO 207
10.9.1 PRODUCT LAUNCHES 207
TABLE 245 SMART WATER MANAGEMENT MARKET: PRODUCT LAUNCHES, 2021–2023 207
10.9.2 DEALS 209
TABLE 246 SMART WATER MANAGEMENT MARKET: DEALS, 2021–2023 209
10.9.3 OTHERS 212
TABLE 247 SMART WATER MANAGEMENT MARKET: OTHERS, 2020–2021 212
11 COMPANY PROFILES 213
11.1 MAJOR PLAYERS 213
(Business overview, Products offered, Recent developments, MnM view, Key strengths, Strategic choices made, and Weaknesses and Competitive threats)*
11.1.1 SIEMENS 213
TABLE 248 SIEMENS: BUSINESS OVERVIEW 213
FIGURE 39 SIEMENS: COMPANY SNAPSHOT 214
TABLE 249 SIEMENS: PRODUCTS OFFERED 214
TABLE 250 SIEMENS: DEALS 215
11.1.2 IBM 217
TABLE 251 IBM: BUSINESS OVERVIEW 217
FIGURE 40 IBM: COMPANY SNAPSHOT 218
TABLE 252 IBM: PRODUCTS OFFERED 218
TABLE 253 IBM: DEALS 219
11.1.3 ABB 221
TABLE 254 ABB: BUSINESS OVERVIEW 221
FIGURE 41 ABB: COMPANY SNAPSHOT 222
TABLE 255 ABB: PRODUCTS OFFERED 222
TABLE 256 ABB: PRODUCT LAUNCHES 224
TABLE 257 ABB: DEALS 224
11.1.4 HONEYWELL ELSTER 226
TABLE 258 HONEYWELL ELSTER: BUSINESS OVERVIEW 226
FIGURE 42 HONEYWELL ELSTER: COMPANY SNAPSHOT 227
TABLE 259 HONEYWELL ELSTER: PRODUCTS OFFERED 227
TABLE 260 HONEYWELL ELSTER: DEALS 228
11.1.5 SCHNEIDER ELECTRIC 230
TABLE 261 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 230
FIGURE 43 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 231
TABLE 262 SCHNEIDER ELECTRIC: PRODUCTS OFFERED 231
TABLE 263 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES 232
TABLE 264 SCHNEIDER ELECTRIC: DEALS 232
11.1.6 ITRON 234
TABLE 265 ITRON: BUSINESS OVERVIEW 234
FIGURE 44 ITRON: COMPANY SNAPSHOT 235
TABLE 266 ITRON: PRODUCTS OFFERED 235
TABLE 267 ITRON: DEALS 236
11.1.7 SUEZ 238
TABLE 268 SUEZ: BUSINESS OVERVIEW 238
FIGURE 45 SUEZ: COMPANY SNAPSHOT 239
TABLE 269 SUEZ: PRODUCTS OFFERED 239
TABLE 270 SUEZ: PRODUCT LAUNCHES 240
TABLE 271 SUEZ: DEALS 240
11.1.8 ORACLE 241
TABLE 272 ORACLE: BUSINESS OVERVIEW 241
FIGURE 46 ORACLE: COMPANY SNAPSHOT 242
TABLE 273 ORACLE: PRODUCTS OFFERED 242
TABLE 274 ORACLE: PRODUCT LAUNCHES 243
TABLE 275 ORACLE: DEALS 243
TABLE 276 ORACLE: OTHERS 243
11.1.9 LANDIS+GYR 244
TABLE 277 LANDIS+GYR: BUSINESS OVERVIEW 244
FIGURE 47 LANDIS+GYR: COMPANY SNAPSHOT 245
TABLE 278 LANDIS+GYR: PRODUCTS OFFERED 245
TABLE 279 LANDIS+GYR: PRODUCT LAUNCHES 245
TABLE 280 LANDIS+GYR: DEALS 246
11.1.10 TRIMBLE WATER 247
TABLE 281 TRIMBLE WATER: BUSINESS OVERVIEW 247
FIGURE 48 TRIMBLE WATER: COMPANY SNAPSHOT 248
TABLE 282 TRIMBLE WATER: PRODUCTS OFFERED 248
TABLE 283 TRIMBLE WATER: PRODUCT LAUNCHES 249
TABLE 284 TRIMBLE WATER: DEALS 249
TABLE 285 TRIMBLE WATER: OTHERS 249
11.1.11 XYLEM 250
11.1.12 KAMSTRUP 250
11.2 OTHER PLAYERS 251
11.2.1 HYDROPOINT 251
11.2.2 I20 252
11.2.3 XENIUS 253
11.2.4 NEPTUNE TECHNOLOGY 254
11.2.5 TAKADU 254
11.2.6 BADGER METER 255
11.2.7 AQUAMATIX 256
11.2.8 LISHTOT 256
11.2.9 CITYTAPS 257
11.2.10 FREDSENSE 257
11.2.11 FRACTA 258
11.2.12 SMART ENERGY WATER 258
11.2.13 AYYEKA 259
11.2.14 KETOS 259
*Details on Business overview, Products offered, Recent developments, MnM view, Key strengths, Strategic choices made, and Weaknesses and Competitive threats might not be captured in case of unlisted companies.
12 ADJACENT AND RELATED MARKETS 260
12.1 INTRODUCTION 260
12.2 IOT IN SMART CITIES MARKET 260
12.2.1 MARKET DEFINITION 260
12.2.2 MARKET OVERVIEW 260
12.2.2.1 IoT in smart cities market, by offering 261
TABLE 286 IOT IN SMART CITIES MARKET, BY OFFERING, 2016–2019 (USD BILLION) 261
TABLE 287 IOT IN SMART CITIES MARKET, BY OFFERING, 2019–2025 (USD BILLION) 261
12.2.2.2 IoT in smart cities market, by solution 261
TABLE 288 IOT IN SMART CITIES MARKET, BY SOLUTION, 2016–2019 (USD BILLION) 262
TABLE 289 IOT IN SMART CITIES MARKET, BY SOLUTION, 2019–2025 (USD BILLION) 262
12.2.2.3 IoT in smart cities market, by service 262
TABLE 290 SERVICES: IOT IN SMART CITIES MARKET, BY TYPE, 2016–2019 (USD BILLION) 262
TABLE 291 SERVICES: IOT IN SMART CITIES MARKET, BY TYPE, 2019–2025 (USD BILLION) 263
TABLE 292 PROFESSIONAL SERVICES: IOT IN SMART CITIES MARKET, BY TYPE, 2016–2019 (USD BILLION) 263
TABLE 293 PROFESSIONAL SERVICES: IOT IN SMART CITIES MARKET, BY TYPE, 2019–2025 (USD BILLION) 263
12.2.2.4 IoT in smart cities market, by application 263
TABLE 294 IOT IN SMART CITIES MARKET, BY APPLICATION, 2016–2019 (USD BILLION) 264
TABLE 295 IOT IN SMART CITIES MARKET, BY APPLICATION, 2019–2025 (USD BILLION) 264
12.2.2.5 IoT in smart cities market, by region 264
TABLE 296 IOT IN SMART CITIES MARKET, BY REGION, 2016–2019 (USD BILLION) 264
TABLE 297 IOT IN SMART CITIES MARKET, BY REGION, 2019–2025 (USD BILLION) 265
12.3 SMART BUILDINGS MARKET 265
12.3.1 MARKET DEFINITION 265
12.3.2 MARKET OVERVIEW 265
12.3.2.1 Smart buildings market, by component 266
TABLE 298 SMART BUILDINGS MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 266
TABLE 299 SMART BUILDINGS MARKET, BY COMPONENT, 2019–2025 (USD MILLION) 266
12.3.2.2 Smart buildings market, by solution 266
TABLE 300 SOLUTIONS: SMART BUILDINGS MARKET, BY TYPE, 2017–2019 (USD MILLION) 266
TABLE 301 SOLUTIONS: SMART BUILDINGS MARKET, BY TYPE, 2019–2025 (USD MILLION) 267
12.3.2.3 Smart buildings market, by service 267
TABLE 302 SERVICES: SMART BUILDINGS MARKET, BY TYPE, 2017–2019 (USD MILLION) 267
TABLE 303 SERVICES: SMART BUILDINGS MARKET, BY TYPE, 2019–2025 (USD MILLION) 267
12.3.2.4 Smart buildings market, by building type 268
TABLE 304 SMART BUILDINGS MARKET, BY BUILDING TYPE, 2017–2019 (USD MILLION) 268
TABLE 305 SMART BUILDINGS MARKET, BY BUILDING TYPE, 2019–2025 (USD MILLION) 268
12.3.2.5 Smart buildings market, by region 268
TABLE 306 SMART BUILDINGS MARKET, BY REGION, 2017–2019 (USD MILLION) 268
TABLE 307 SMART BUILDINGS MARKET, BY REGION, 2019–2025 (USD MILLION) 269
13 APPENDIX 270
13.1 DISCUSSION GUIDE 270
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 273
13.3 CUSTOMIZATION OPTIONS 275
13.4 RELATED REPORTS 275
13.5 AUTHOR DETAILS 276