Digital Water Solutions Market: Regional Insights and Market Dynamics
Government initiatives and regulatory measures to promote innovative water solutions are expected to be in high demand over the forecast period of 2024–2028.
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TechSci Research's report on the "Global Digital Water Solutions Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018–2028F" projects robust growth in the global digital water solutions market during the forecast period from 2024 to 2028. The adoption of digital water solutions is anticipated to witness significant expansion driven by factors such as rising utility digitization and the increasing demand for high-quality water services.
Key drivers of industry growth include the emphasis on cutting carbon emissions and conserving water by power utilities, along with the aging workforce and infrastructure, which prompt the adoption of advanced AI and ML-based data analytics solutions. Digital solutions, including Digital Twin (DT) systems for water and wastewater treatment and pipe network infrastructure, are playing a crucial role in replacing aging water infrastructure and addressing workforce shortages.
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Report Scope:
In this report, the Global Digital Water Solutions Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Digital Water Solutions Market, By Technology:
o Metering & Customer Management
o Network Management
o Work & Asset Management
o Planning System
o Remote Monitoring
o Information Management
Digital Water Solutions Market, By Solution Type:
o Hardware
o Software
o Services
Digital Water Solutions Market, By Utility Tier:
o Tier 1
o Tier 2
o Tier 3
Digital Water Solutions Market, By Region:
North America
o United States
o Canada
o Mexico
Asia-Pacific
o India
o Japan
o South Korea
o Australia
o Singapore
o Malaysia
Europe
o Germany
o United Kingdom
o France
o Russia
o Spain
o Belgium
o Italy
South America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
Middle East & Africa
o Saudi Arabia
o South Africa
o UAE
o Israel
o Turkey
The market is segmented based on technology, solution type, and utility tier. The metering & customer management segment is expected to dominate the market, driven by the development of CRM systems and mobile applications for water use invoicing and customer engagement. Additionally, the network management sector is anticipated to hold a significant share, fueled by analytics-driven insights into consumer behavior and water usage patterns.
Key market players in the Digital Water Solutions market:
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Autodesk InnovyzeSchneider Electric
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Bentley systems
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Minsait
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Atonix Digital
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Aqueduct
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TaKaDu
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ABB Ltd
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Assetic
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Space-Time Insight
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PowerPlan
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Intelliflux Controls
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Copperleaf Technologies
-
Analytical Technology, Inc
-
SUEZ
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The report highlights the role of digital water solutions in addressing water shortages, infrastructure issues, and climate change challenges. As water utilities undergo digital transformations to optimize water usage and provide sustainable solutions, the demand for digital water solutions is expected to rise.
Customers can request a free sample report with 10% customization to gain insights into the market dynamics and investment opportunities. The report aims to provide decision-makers with up-to-date market knowledge and support wise investment strategies, identifying key drivers, obstacles, and opportunities in the digital water solutions market.
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