North American smart water management is anticipated to grow at a CAGR 11.7% during the forecast period. North America has the highest market value in the global smart water management market. This market value is mainly driven by well-developed water resources infrastructure and information and communication technology (ICT) industry. North America is one of the leading economies of the world with a cumulative GDP of approximately $22.2 trillion in 2018.
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The economic strength and well-established technology infrastructure of North America provides a solid platform for the growth of the smart waste management market. North America is the home of the largest companies in terms of revenue which include Honeywell International, Inc., Itron, Inc., IBM Corp., Badger Meter, Inc., Emerson Electric Co., and Xylem, Inc. These companies are the key players contributing to the smart water management market and their presence is estimated to fuel the growth of the market.
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Market Segmentation
North American Smart Water Management Market by product
- Hardware
- Automated Meter Reading
- Advanced Meter Infrastructure
- Other Hardware
- Software And Services
North American Smart Water Management Market by Application
- Residential
- Commercial
- Industrial
Regional Analysis
- North American
- United States
- Canada
Company Profiles
- ABB, LTD.
- ARAD GROUP
- Badger Meter, Inc.
- Belkin Corp.
- Emerson Electric Co.
- ET Water Systems, Inc
- Honeywell International, Inc.
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