The Asia-Pacific smart water management market is estimated to grow at a CAGR of 14.3% during the forecast period. In 2018, the Asia-Pacific smart water management market was valued at around $1.2 billion and is further estimated to reach nearly $3.2 billion in 2025. The Asia-pacific smart water management market is estimated to witness promising growth owing to a significant focus on water management and ongoing projects for smart water management. For instance, China is constantly focusing on strengthening its commitment to the protection of the water and environment, soil quality and air.
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Some projects for smart water management have been reported in the region. For instance, in March 2017, Shenzhen Water, China Telecom, and Huawei jointly released the world’s first commercial NB-IoT-based smart water project on World Water Day. Shenzhen Water has deployed nearly 1200 NB-IoT smart water meters for Southern Pearl Garden and other residential areas in the Yantian District of Shenzhen. With the support of the carrier networks and the water service platform based on E-Cloud 3.0 of China Telecom Shenzhen, Shenzhen Water has comprehensively upgraded its water management system to embrace the smart water era.
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Market Segmentation
Asia-pacific Smart Water Management Market by product
- Hardware
- Automated Meter Reading
- Advanced Meter Infrastructure
- Other Hardware
- Software And Services
Asia-pacific Smart Water Management Market by Application
- Residential
- Commercial
- Industrial
Regional Analysis
- Asia-pacific
- India
- China
- Japan
- Rest of Asia-Pacific
Company Profiles
- ABB, LTD.
- Hitachi, Ltd.
- Honeywell International, Inc.
- Huawei Technologies Co. Ltd.
- Huizhong Instrumentation Co.,Ltd.
- Itron, Inc.
- Schneider Electric SE
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