The global Smart Water Management market size is expected to grow from $11.7 billion in 2019 to $21.4 billion in 2024 with an average annual growth rate (CAGR) of 12% over the forecast period. Key factors driving the market growth include increasing demand for quality water services, the need to replace aging water infrastructure, increasing digitization in the utility sector, and government regulations favoring the development of smart water management solutions.
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Smart Water Management Market Segments:
By Offering
Water Meters
• AMR/AMR+ Meters
• AMI Meters
Solutions
• Enterprise Asset Management
• Analytics and Data Management
• Security
• Smart Irrigation Management
• Advanced Pressure Management
• Mobile Workforce Management
• Network Management
• Customer Information System (CIS) and Billing
• Leak Detection
• Others (Demand Side Management, Incident Management, and Outage Management)
Services
• Professional Services
• Managed Services
By End User segments:
• Residential
• Commercial and Industrial
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
