Market Analysis Report Smart Water Management (SWM) Market

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Smart Water Management (SWM) Market Share, Size, Key Players,
Research and Forecasts to 2025 | Hexa Research
“ The global smart water management market size is projected to witness
substantial growth.”
6 September 2018
The global smart water management market size is projected to witness substantial growth over the forecast
period on account of growing scarcity of fresh water and rising climate volatility. Increasing non -revenue
water (NRW), wherein water is wasted due to pipe bursts, metering errors, thefts, leaks, and aging
infrastructure, is expected to stir up the demand for smart water management systems.
Furthermore, surging demand for potable water in order to meet needs of increasing population coupled
with uneven distribution of resources is providing an upthrust to the market. Stringent government
regulations related to use as well as distribution of fresh water are poised to positively impact the market.
Increasing costs of installation of hardware for SWM systems are one of the key growth inhibitors for the
market.
SWM systems consume low energy, which helps them edge over conventional water management systems,
thereby boosting their demand worldwide. Smart water management systems encourage end users to
achieve a cost efficient solution to provide enough quality water to masses. Increasing usage of advanced
meters as well as sensors for detection of abnormality in water distribution is estimated to work in favor of
the market.
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