세계의 스마트 물관리 시장 규모, 점유율, 성장 분석, 제품별, 기술별, 최종 사용자별, 지역별 시장 규모, 점유율, 성장 분석 - 산업 예측(2024-2031년)

Global Smart Water Management Market size was valued at USD 14.91 billion in 2022 and is poised to grow from USD 16.60 billion in 2023 to USD 39.09 billion by 2031, growing at a CAGR of 11.3% during the forecast period (2024-2031).

Smart Water Management (SWM) is an innovative system designed to optimize the monitoring, controlling, and regulation of urban water usage and quality, gaining traction among governments and companies globally. It employs advanced technologies including sensors, water meters, and analytical tools to minimize waste and streamline energy consumption. By enhancing consumer engagement in conservation efforts, SWM significantly reduces costs associated with leak detection and lowers the energy required for water pumping at utilities. This technology equips organizations with the capability to identify network challenges, encourage greater conservation among users, and tackle the critical issue of non-revenue water loss linked to aging infrastructure. It collects vital data on water pressure, flow, and distribution, essential for the efficient management of water transport infrastructure and energy. A key feature of SWM is its integration of Information and Communication Technology (ICT), providing real-time data-driven insights to address various water management challenges. The versatility of smart systems is evident in their wide-ranging applications, including flood management, drought response, leak detection, pressure regulation, effective irrigation practices, and maintaining water quality and quantity. As municipalities and organizations face increasing pressure to allocate resources efficiently, the adoption of smart water management technology represents a critical advancement in sustainable water management strategies.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Smart Water Management market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Smart Water Management Market Segmental Analysis

North America dominated the Global Smart Water Management Market in 2021. This can be attributed to stronger government regulations and rising demand for clean energy options across the region. People in North American residential regions are starting to understand the advantages of all smart water management technologies, such as how they help to decrease water waste, enhance water quality, prevent leaks, and help control water use. Because of this, the market for smart water management is likely to develop as demand for these solutions rises in the North American region.

Driver of the Global Smart Water Management Market

The global smart water management market is being propelled by the urgent need to upgrade and replace obsolete water infrastructure. As municipalities grapple with aging systems that struggle to meet the rising demand for clean water, there is a growing imperative to address challenges in flood control, automated treatment, distribution, storage, and resource management. The increasing population, urbanization, and economic growth further exacerbate the pressure on water systems, with over 2 billion people affected by water scarcity and nearly half the world's population lacking safe sanitation. Smart technologies are now being adopted by water utilities to enhance operational efficiency, reduce maintenance costs, and ensure the delivery of high-quality water management services, thereby facilitating a more sustainable approach to utilizing precious water resources.

Restraints in the Global Smart Water Management Market

One of the significant obstacles facing the Global Smart Water Management market is the shortage of digitally skilled personnel within the water utilities sector. Additionally, there's a notable gap in awareness among younger generations regarding career opportunities in this field, which further inhibits market growth. Furthermore, the high initial expenditures associated with implementing advanced metering infrastructure (AMI) pose another challenge, as these systems require substantial upfront investment. Coupled with the extended payback periods associated with smart water technology deployment, these factors collectively hinder the advancement and expansion of the smart water management sector on a global scale.

Market Trends of the Global Smart Water Management Market

The Global Smart Water Management market is witnessing remarkable growth driven by increasing water scarcity and the adoption of advanced technologies such as 5G and IoT. As water utilities face immense pressure to optimize water distribution, they are turning towards integrated multi-partner systems that leverage these technologies, alongside Business Support Systems (BSS), to enhance monitoring, management, and monetization of water resources. This trend facilitates real-time data collection and analysis, leading to proactive management that minimizes water loss, improves supply efficiency, and fosters transparency in billing. Consequently, the market is poised for expansion as stakeholders prioritize sustainable water solutions amidst global challenges.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• PESTEL Analysis
• Macro-Economic Indicators
• Market Attractiveness Index
• Value Chain Analysis
• Patent Analysis
• Case Study Analysis
• Pricing Analysis
• Technology Analysis
• Regulatory Analysis

Global Smart Water Management Market Size by Offering & CAGR (2024-2031)

• Market Overview
• Water Meters
  • Amr Meters
  • Ami Meters
• Solutions
  • Enterprise Asset Management
  • Analytics & Data Management
  • Security
  • Smart Irrigation Management
  • Advanced Pressure Management
  • Mobile Workforce Management
  • Network Management
  • Customer Information System & Billing
  • Leak Detection
  • Other Solutions
• Services
  • Professional Services
  • Managed Services

Global Smart Water Management Market Size by Technology & CAGR (2024-2031)

• Market Overview
• IoT
• Artificial Intelligence
• Big Data & Analytics
• Cloud Computing
• Other Technologies

Global Smart Water Management Market Size by End User & CAGR (2024-2031)

• Market Overview
• Residential
• Commercial
• Industrial
  • Manufacturing
  • Energy & Utilities
  • Agriculture
  • Mining
  • Others

Global Smart Water Management Market Size & CAGR (2024-2031)

• North America, (Offering, Technology, End User)
  • US
  • Canada
• Europe, (Offering, Technology, End User)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Offering, Technology, End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Offering, Technology, End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Offering, Technology, End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Siemens (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IBM (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ABB (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Honeywell Elster (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schneider Electric (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Itron (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SUEZ (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Oracle (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Landis+Gyr (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trimble Water (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Xylem (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kamstrup (Denmark)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HydroPoint (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• i20 (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Xenius (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Neptune Technology (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TaKaDu (Israel)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Badger Meter (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• AquamatiX (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lishtot (Israel)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation