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. Leading companies offer cloud-based smart systems that help to increase productivity by providing easier and more efficient monitoring, handling, management, and maintenance of various systems. It helps to understand the exact problem with the help of cloud-based software, sensors, analytics, and technical teams. However, cybersecurity-related concerns related to using digital platform and lack of skilled labor workforce are factors expected to hamper growth of the global digital water market over the forecast period.
The report on the Digital Water market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Digital Water market for the forecast period from 2020 to 2028.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Digital Water market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Digital Water market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Digital Water market.
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Key Companies Profiled in the Report:
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.
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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Overview of the Digital Water Market Report:
Introduction, Product Scope, Market Overview, and Opportunities
Analysis of the Manufacturers with sales, revenue, and price analysis
Comprehensive analysis of the competitive landscape
Extensive profiling of the key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share, and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
In-depth analysis of the risks, restraints, and limitations in the Digital Water industry
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