Christy Publications Smart Water Management Market

Smart Water Management Market - Insights,
Size, Share, Opportunity Analysis, and
Industry Forecast till 2025
Smart Water Management is the new system of management of water, revolutionizing the
conventional distribution of water with new technologies. Modern utility distribution networks can
exchange a large amount of data, which is helpful in efficiency in operation and optimization in the
water management. In current water network systems based on large and centralized systems, the
management options are limited, some of the major limitation in this management include, less
operating efficiency because of the imbalance between supply of and demand for fresh water, high
energy requirement for distribution and supply of fresh water, high treatment cost of waste water
and low treatment efficiency. Therefore, to overcome these difficulties, smart water management is
being adopted by many industries, manufacturing firms, and organizations.
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Market Dynamics
North America and Europe are the major regions in the advancement of smart water management
technologies, owing to the high adoption of the new technologies such as advance meter
infrastructure technology and SCADA software system technologies by many industries in the
region. North America led the smart water management technology in 2016, with the market in the
region valued at US$ 2.90 billion and projected to witness a CAGR of 19.3% during the forecast
period (2017-2025). Asia Pacific is the fastest growing market for smart water management market,
owing to the rising smart irrigation management systems and rising smart city projects. For
instance, in India, 100 cities are being developed under the Smart Cities Mission. Asia Pacific is
estimated to be the fastest-growing market, at a CAGR of 23.1% during the forecast period to reach
US$ 11.69 billion by 2025.