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.. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Digital Water market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Software segment revenue is expected to register a significantly rapid CAGR during the forecast period due to increasing use of Artificial Intelligence (AI) software solutions for waste water treatment and associated applications and functions. Distribution of clean drinking water is a primary objective. Based on AI, software is designed to track and manage sewage throughout an entire city, detect pollution events, and aid in radically reducing overall costs.
Browse Detailed Summary of Research Report with TOC : https://www.emergenresearch.com/industry-report/digital-water-market
The report further assesses the market dynamics, market landscape, company profiles, production and manufacturing capacity, year-on-year growth rate, SWOT analysis, and Porter’s Five Forces analysis. It offers in-depth assessment of key companies operating in the market on the basis of their expansion plans, market position, financial standing, and gross profit margins.
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.
It also provides information about their current advancements and key market strategies. Furthermore, the report provides a comprehensive overview of the Digital Water market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
The latest research report by Emergen Research, named ‘Global Digital Water Market - Forecast to 2027’, entails a comprehensive review of the global Digital Water market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Digital Water industry, particularly the current COVID-19 scenario.
Some major companies in the market report include Bentley Systems, Inc., Innovyze, Inc., Schneider Electrics Industries SAS, Atonix Digital, Plutoshift, Inc., Assetic, SpaceTime Insight, Inc., Copperleaf Technologies Inc., Huawei Technologies Co. Ltd., and Xenius.
Key Questions Answered in the Report:
What is the growth rate of the Digital Water market? What is the anticipated market valuation of Digital Water industry by 2027?
What are the key growth driving and restraining factors of the Digital Water market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Digital Water industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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Emergen Research has segmented the global digital water on the basis of solution type, technology, utility tier, and region:
- 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
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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- Extensive market scope covering all major offerings in the ecosystem
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