Exploring Digital Water Solutions and Services Market Opportunity, Latest Trends, Demand, and Development By 2028
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Digital Water Solutions and Services Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Digital Water Solutions and Services Industry (2023-2028):
According to the latest report, 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. The report demonstrates the prominent factors propelling the exponential growth of the Digital Water Solutions and Services industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
· Historical Data: 2018-21
· Base Year: 2022
· Forecast Period: 2023-28
· CAGR (2023-2028): 12.65%
What are the major Driver the Digital Water Solutions and Services industry?
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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Digital Water Solutions and Services Market Segmentation
The Digital Water Solutions and Services Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- 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
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
As per the regional aspect, the Digital Water Solutions and Services Market is expected to be dominated by North America by capturing the potential market share.
Explore further details about this research report - https://www.marknteladvisors.com/research-library/digital-water-solutions-and-services-market.html
Top Companies in the Digital Water Solutions and Services Market
Bentley Systems Inc., Innovyze Inc., Schneider Electric , ABB Ltd., Atonix Digital, Copperleaf Technologies Inc., Cognizant, Intelliflux Controls Inc., Huawei Technologies Co. Ltd., IBM, Siemens, Xenius, Minsait, TaKaDu, Others
Digital Water Solutions and Services Industry Recent 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.
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