Digital Water Solutions and Services Market Size 2023-2028: Bentley Systems Inc., Innovyze Inc., Schneider Electric , ABB Ltd., Atonix Digital

According to MarkNtel Advisors study the Digital Water Solutions and Services Market is projected to grow at a CAGR of around 12.65% during the forecast period, i.e., 2023-2028, owing to the role & ability of such solutions to save water efficiently & effectively.

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Key Findings of the Study: Digital Water Solutions and Services market

Key Driver: Surging Government Efforts to Save Water

The rising global population, along with the overuse of water resources to serve the growing demand is generating the need to save and efficiently utilize this scarce resource. Further, the lack of natural water sources & extremely dry weather in some regions, such as the Middle East and Africa, etc., has been leading government agencies & local authorities to develop programs on national & local levels that include strategies, policies, regulations, and practices to maximize efficiency in water management. Thus, various governments are constantly raising their efforts to save water globally.

Also, an increasing number of companies are offering solutions & systems that can help in reducing the wastage of water & its optimum utilization. Thus, the role of digital water solutions in saving water coupled with government efforts due to rising water scarcity would strengthen the demand for such solutions & services in the forecast period.

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Scope of the Report and Digital Water Solutions and Services Market Segmentation:

By Solutions

• Hardware
• Software
• Services
  • Professional Services
  • Consulting Services
  • System Integration & Deployment Services
  • Support & Management Services
  • Managed Services

By Technology

• Metering & Customer Management
• Network Management
• Work & Asset Management
• Plant Management
• Information Management

Of these, the metering & customer management segment acquired a considerable share of the Global Digital Water Solutions & Services Market in the historical years.

Digital Water Solutions and Services Market Development:

2023: Siemens and Galliford Try, a UK construction group partnered to accelerate the integration of digital technologies across the lifestyle of water and wastewater projects. This was done to help water companies meet the regulatory, environmental, and operational pressures in modernizing their infrastructure while reducing time, cost, risk, and carbon.

Geographical Analysis:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

The Asia-Pacific region would witness positive growth in demand from the digital solutions and services market during the forecast years 2023-2028.

Note: If you require specific information not covered in the current report, we can provide it through customized option

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