The global digital water market size reached USD 7.96 Billion in 2020 and is expected to register a revenue CAGR of 12.1%, during the forecast period, according to the latest analysis by Emergen Research. Increasing demand for quality water services, as well as government regulation favoring development of digital water, are some of the major factors driving global digital water market revenue growth. Revenue growth of the market is also expected to be driven by rising demand for replacing aging infrastructure due to technical advancements and rising trend of digitization of the utility sector.
The study further offers a comprehensive assessment of the revenue generated by the various segments across different regions for the forecast period, 2022 to 2030. To help business owners gain a thorough understanding of the current momentum the research taps hard to find data on aspects including but not limited to demand and supply, distribution channel and technology upgrades. Most importantly, evaluation of stringent rules and regulations and government initiatives shaping the progress of the Digital Water industry offers an understanding of what is in store for the business owners in the years to come.
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The leading market contenders listed in the report are:
Bentley Systems, Inc., Innovyze, Inc., Schneider Electrics Industries SAS, Atonix Digital, Plutoshift, Inc., Assetic, Space-Time Insight, Inc., Copperleaf Technologies Inc., Huawei Technologies Co. Ltd., and Xenius
Key reasons to buy the Global Digital Water Market report:
- The latest report comprehensively studies the global Digital Water market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Digital Water Market
Solution Type Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Software
- Services
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Metering Customer Management
- Network Management
- Work Asset Management
- Plant Management
- Information Management
Utility Tier Outlook (Revenue, USD Billion; 2018–2028)
- Tier 1
- Tier 2
- Tier 3
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Regional Outlook of the Digital Water Market
The global Digital Water market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Digital Water market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Digital Water Market report:
- The latest report comprehensively studies the global Digital Water market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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