Global Smart Water Network Market to grow at a CAGR of 15.34% over the period 2014-2019; Finds New Report

Report forecast the global smart water network market to grow at a CAGR of 15.34% over the period 2014-2019.

A smart water network is a cohesive set of systems, products, and solutions that enable water utilities to remotely and continuously monitor and diagnose problems related to water distribution. Smart water networks are data-driven by information collected from the physical layers of pumps, pipes, reservoirs, and valves. The data helps optimize various aspects of a water distribution system in terms of pressure management, leak detection, water quality, and network operation. It can also reduce the overall capital expenditure of water utilities by providing real-time data based on water consumption and customer meter readings.

According to the report, water stress occurs when the demand for water exceeds supply. Stress levels have grown over the years in the wake of rising pollution, climate change, and uneven water supply resources across the world. As well, population growth, changing water consumption patterns, and urbanization are intensifying water stress levels. Therefore, the demand for smart water networks should see a marked increase during the forecast period, as smart water meters can detect inefficiencies in a water supply system and monitor the water wastage.

Further, the report states that the high installation costs of smart water networks and delayed ROI are preventing water utilities and other organizations from adopting smart water network technology.

Global Smart Water Network Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market forecast and its growth prospects in the coming years. The report includes the segmentation of the market on the basis of technology and geography. The report also includes a discussion of the key vendors operating in this market.

key players in the global smart water network market: Badger Meter, Elster Group, Itron, Neptune Technology Group and Sensus USA

Other Prominent Vendors in the market are: Aclara Technologies, Arqiva, Cap Gemini, CH2M HILL, Homerider Systems, I2O Water, IBM, Mueller Systems, Oracle, OSIsoft, Pure Technologies, Schneider Electric and TaKaDu

Market Driver

• Rising water stress levels
• For a full, detailed list, view our report

Market Challenge

• High vulnerability  of smart water networks to cyber attacks
• For a full, detailed list, view our report

Market Trend

• Advances in technology
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 73 pages and 24 Exhibits “Global Smart Water Network Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Technology, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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