Pune, India -- (SBWIRE) -- 02/06/2019 -- Smart Water Management market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Smart Water Management market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market.

The smart water management (Sample Copy) ecosystem consists of sensors, smart meters, communication infrastructure, and supporting software to enable two -way communication, thus allowing users to gather actionable information and take informed decisions, pertaining to optimized water distribution and usage.

Global Smart Water Management market provides up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Market Size Analysis by Size:

Historical Year: 2013-2017 || Base Year: 2017 || Estimated Year: 2018 || Forecast Year: 2023

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Smart Water Management Market Regional Segment Analysis (Regional Consumption Volume, Consumption Volume, Revenue and Growth Rate 2013-2023):

US, Canada, UK, Russia, Norway, China, India, Japan, Brazil, Venezuela, Mexico, Saudi Arabia, Iran, UAE.

Smart Water Management Market Include the Following Manufacturers Based on Smart Water Management Sales, Revenue, Price and Gross Margin.

IBM Corporation, ABB Ag, Suez Group (Ge Water & Process Technologies), Elster Water Metering (Honeywell), Schneider Electric (+Aveva), Siemens Ag, Utility Systems (Micro Mega Holdings Limited), Hitachi Ltd, Arad Metering Technologies, ESRI, Huawei Technologies Co. Ltd, Takadu Ltd, Xylem Inc., Itron Inc. And I2o Water Ltd, among others.

Smart Water Management Market Dynamics:

Drivers:

- Need to Manage the Increasing Global Demand for Water

- Need to Reduce Non-Revenue Water Losses

Challenges:

- Lack of Capital Investments to Install Infrastructure

Key Developments in the Smart Water Management Market:

- June 2018: Itron Inc., an innovator in energy metering technologies, launched Itron Intelis water meter, designed for utilities and cities to manage energy and water. Itron Intelis water meter is an ultrasonic solid-state solution that enables users to track flow usage patterns at the meter level, and also offers advanced metering infrastructure (AMI).

- December 2017: Xylem Inc., a water technology company, announced the acquisition of Pure Technologies Ltd, a diagnostic and analytics solution provider, which addresses water and wastewater infrastructure challenges. The acquisition was aimed at increasing the data analytics and Software-as-a-Service capabilities of Xylem.

- June 2018: Trimble announced its most comprehensive Internet of Things (IoT) and smart water monitoring solution, designed to address leakage and non-revenue water (NRW) loss in drinking water systems. This solution combines advanced wireless IoT data recorders and cloud and mobile software, in order to improve network visibility and operations, through real-time leak detection and monitoring of water pressure, level, and flow.

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Most Important Solutions of Smart Water Management Market:

- Asset Management

- Distribution Network Monitoring (Includes pressure management)

- Supervisory Control and Data Acquisition (SCADA)

- Meter Data Management (MDM)

- Analytics

Most Important Service of Smart Water Management Market:

- Managed Service

- Professional Service

Research objectives of Smart Water Management Market Report are:

- To analyze the global Smart Water Management market consumption by key regions, product type and application.

- To understand the structure of Smart Water Management market by identifying its various sub segments.

- Focuses on the global Smart Water Management manufacturers, to analyze the sales volume, value, market share, market competition landscape, and development plans during forecast year.

- To analyze the Smart Water Management with respect to individual growth trends, future prospects, and their contribution to the market.

- To share detailed information about the key features influencing the growth of the market.

- To measure the consumption of Smart Water Management submarkets, with respect to key regions (along with their respective key countries).

- To analyze competitive growths such as expansions, agreements, new product launches, and acquisitions in the market.

- To analyze the key players and comprehensively analyze their growth strategies.

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