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Pulished Date September, 2020
ID: 10167
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Global Digital Water Solutions Market Segmentation by Technology (Metering & Customer Management, Network Management, Work & Asset Management, Plant Management, Information Management), Solution Type (Hardware, Software and Solutions), Utility Tier (Tier 1, Tier 2, Tier 3) and Region- Analysis and Forecast to 2025

Pulished: September, 2020
ID: 10167
Pages: 175

Digital Water Solutions Market Value and Growth:

The global digital water solutions market is predicted to reach $ 1.5 billion by 2025, with a CAGR of 12.2% between 2020 and 2025. It's easy to get carried away by the hype of so many 'emerging tools.

The path and timeline through which our risk averse industry is learning to embrace and scale digital water solutions. There are more important forces at work. Additionally, digital water solutions enable the adoption of other innovative technologies, such as off-grid and on-premises systems. Water professionals are often considered, and rightly so, conservative, cautious or late-following. However, several powerful trends are making digital water no longer optional, but inevitable. The water sector can learn fundamental lessons from how digital technologies are disrupting other industries. Water utility managers may have been comfortable or even satisfied with analog systems and the idea of ​​stationarity.

Digital water solutions offer various products and technologies for implementation by water and wastewater providers, including water hardware, software, services and technologies, data collection, analytical tools and advanced technologies such as artificial intelligence and machine learning. Digital water solutions are also given the term smart water. With the assistance of digital water technology, growing economies can advance and manage localized and off-grid water systems and create high models that can assist integrate pumps, valves, sensors and other smart equipment and send data in time. It's also self-destructive, filled with wasted time, wasted efficiency, and stranded assets. Once again, utilities can literally "go with the flow" of digital supply and call, working in partnership with newcomers to the world of water.

Digital Water Solutions Market Trends:

According to a 2016-2017 report by the Ontario Commissioner for the Environment, leaks cost municipalities in the province up to 40% of their drinking water. Digital Water Solutions (DWS) technology is changing that. The Ontario-based company has created a monitoring device that sits inside a standard fire hydrant, listening for noises that indicate potential problems in the water system.

Digital Water Solutions Market Drivers

The main factors driving the expansion of the global industry for digital water solutions are the escalating call for quality water services and the escalating digitization of the utility industry. Utilities are focused on reducing carbon emissions and developing smart water solutions, which are predicted to drive the digital water solutions industry during the forecast period. Fast, frictionless and ubiquitous mobile / web systems have redefined previously complex and invisible energy flow into simple, clear, parsed and packaged data.

Restraints:

However, the lack of digitally skilled workforce is a limiting factor for the expansion of the global digital water solutions industry.

Opportunities in the Digital Water Solutions Market:

The global digital water solutions market is predicted to experience strong expansion during the forecast period due to the escalating need to replace aging water infrastructure which is predicted to drive industry call for digital water solutions over the course of the foreseen period. Key factors driving industry expansion include the escalating call for quality water services, the need to replace aging water infrastructure, the escalating digitization of the utility sector, and government regulations favoring the development of smart water solutions.

Challenges:

However, to gain popularity in the industry, the company is yet to prove how effective its technology is.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2019 – 2025

Base Year

2019

Forecast Period

2020 - 2025

CAGR

12.2%

Segments Covered

By Product, Type, Consumption, Distribution Channel and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Bentley Systems (US), Innovyze (US), Schneider Electric (France), Minsait, Atonix Digital (US), Plutoshift (US), Assetic (Australia), ABB (Switzerland), Space-Time Insight (US), Aqueduct (US), PowerPlan (US), Copperleaf Technologies (Canada), Intelliflux Controls (US), TaKaDu (Israel), and Analytical Technology, Inc. (US),  Arad Group (Israel), AquamatiX (UK), Badger Meter (US), Honeywell Elster (US), Huawei (China), HydroPoint (US), IBM (US), i2O (UK), Itron (US), Oracle (US), Landis+Gyr (Switzerland), Sensus (US), Siemens (Germany), Suez (France)

Digital Water Solutions Market

Digital Water Solutions Market Segmentation:

By technology:

  • Metering & Customer Management
  • Network Management
  • Work & Asset Management
  • Plant Management
  • Information Management

The metering and customer measurement segment is predicted to have the largest industry share and grow at the highest rate during the forecast period. Also, the network management segment is predicted to have the second largest share during the outlook period in the digital water solutions industry.

By solution type:

  • Hardware
  • Software
  • Services

The software segment is predicted to grow at the fastest rate during the envisioned period due to the escalating adoption of analytical solutions for digital water management.

By utility tier:

  • Tier 1
  • Tier 2
  • Tier 3

The Tier 1 segment is predicted to have the largest share of the global digital water solutions industry.

Digital Water Solutions Regional Analysis:
 

The Digital Water Solutions Report includes the segmentation of Regions with their respective Countries.

North America has the largest industry share as it has the largest number of in-house companies providing various products and services for digital water solutions. Additionally, the need to replace aging infrastructure in North America is driving regional industry expansion. Besides, the Asia Pacific digital water solutions industry is predicted to experience the fastest expansion during the forecast period, mainly due to escalating urbanization, escalating water call and adoption of Internet of things and other advanced technologies.

The APAC region shows rapid industry expansion as it is home to more than 50% of the world's population and thus any major technological changes. Many Asian countries, such as China, Japan, and India, are leveraging information-intensive technologies to meet the growing call from the water service sector and APAC is predicted to show promising opportunities to implement smart water management solutions.

Digital Water Solutions Market Key Players:

The key players operating in the global digital water solutions market are Bentley Systems (US), Innovyze (US), Schneider Electric (France), Minsait, Atonix Digital (US), Plutoshift (US), Assetic (Australia), ABB (Switzerland), Space-Time Insight (US), Aqueduct (US), PowerPlan (US), Copperleaf Technologies (Canada), Intelliflux Controls (US), TaKaDu (Israel), and Analytical Technology, Inc. (US),  Arad Group (Israel), AquamatiX (UK), Badger Meter (US), Honeywell Elster (US), Huawei (China), HydroPoint (US), IBM (US), i2O (UK), Itron (US), Oracle (US), Landis+Gyr (Switzerland), Sensus (US), Siemens (Germany), Suez (France),  SenzIoT (India), Trimble Water (US), and XENIUS (India).

 

1. Introduction               

              1.1 Market Definition   

              1.2 Scope of the report

              1.3 Study Assumptions 

              1.4 Base Currency, Base Year and Forecast Periods        

2. Research Methodology                         

              2.1 Analysis Design        

              2.2 Research Phases     

                             2.2.1 Secondary Research

                             2.2.2 Primary Research 

                             2.2.3 Data Modelling

                             2.2.4 Expert Validation

              2.3 Study Timeline         

3. Report Overview                      

              3.1 Executive Summary

              3.2 Key Inferencees       

4. Market Dynamics                    

              4.1 Impact Analysis       

                             4.1.1 Drivers

                             4.1.2 Restaints

                             4.1.3 Opportunities

              4.2 Regulatory Environment      

              4.3 Technology Timeline & Recent Trends          

5. Competitor Benchmarking Analysis                 

              5.1 Key Player Benchmarking    

                             5.1.1 Market share analysis

                             5.1.2 Products/Service

                             5.1.3 Regional Presence

              5.2 Mergers & Acquistion Landscape     

              5.3 Joint Ventures & Collaborations       

6. Market Segmentation                           

              6.1 Digital Water Solutions Market, By Technology         

                             6.1.1 Metering & Customer Management

                             6.1.2 Network Management

                             6.1.3 Work & Asset Management

                             6.1.4 Plant Management

                             6.1.5 Information Management

                             6.1.6 Market Size Estimations & Forecasts (2019-2024)

                             6.1.7 Y-o-Y Growth Rate Analysis

                             6.1.8 Market Attractiveness Index

              6.2 Digital Water Solutions Market, By Solution Type     

                             6.2.1 Hardware

                             6.2.2 Software

                             6.2.3 Services

                             6.2.4 Market Size Estimations & Forecasts (2019-2024)

                             6.2.5 Y-o-Y Growth Rate Analysis

                             6.2.6 Market Attractiveness Index

              6.3 Digital Water Solutions Market, By Utility Tier           

                             6.3.1 Tier 1

                             6.3.2 Tier 2

                             6.3.3 Tier 3

                             6.3.4 Market Size Estimations & Forecasts (2019-2024)

                             6.3.5 Y-o-Y Growth Rate Analysis

                             6.3.6 Market Attractiveness Index

7. Geographical Landscape                      

              7.1 Global Identity Governance and Administration Market, by Region             

              7.2 North America - Market Analysis (2018 - 2024)         

                             7.2.1 By Country

                             7.2.2 By Technology

                             7.2.3 By Solution Type

                             7.2.4 By Utility Tier

              7.3 Europe        

                             7.3.1 By Country

                             7.3.2 By Technology

                             7.3.3 By Solution Type

                             7.3.4 By Utility Tier

              7.4 Asia Pacific 

                             7.4.1 By Country

                             7.4.2 By Technology

                             7.4.3 By Solution Type

                             7.4.4 By Utility Tier

              7.5 Latin America           

                             7.5.1 By Country

                             7.5.2 By Technology

                             7.5.3 By Solution Type

                             7.5.4 By Utility Tier

              7.6 Middle East and Africa         

                             7.6.1 By Country

                             7.6.2 By Technology

                             7.6.3 By Solution Type

                             7.6.4 By Utility Tier

8. Key Player Analysis                  

              8.1 Bentley Systems      

                             8.1.1 Business Description

                             8.1.2 Products/Service

                             8.1.3 Financials

                             8.1.4 SWOT Analysis

                             8.1.5 Recent Developments

                             8.1.6 Analyst Overview

              8.2 Schneider Electric    

              8.3 Plutoshift    

              8.4 ABB Ltd       

              8.5 Aqueduct    

              8.6 Badger Meter           

              8.7 Honeywell Elster     

              8.8 Huawei       

              8.9 Siemens AG

              8.10 TaKaDu     

9. Market Outlook & Investment Opportunities               

Appendix                         

              List of Tables    

              List of Figures   

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of product  type, by material, along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Digital Water Solutions Market By Region, From 2020-2025 ( USD Billion )
  2. Global Digital Water Solutions Market By Technology, From 2020-2025 ( USD Billion )
  3. Global Metering & Customer Management Market By Region, From 2020-2025 ( USD Billion )
  4. Global Network Management Market By Region, From 2020-2025 ( USD Billion )
  5. Global Work & Asset Management Market By Region, From 2020-2025 ( USD Billion )
  6. Global Plant Management Market By Region, From 2020-2025 ( USD Billion )
  7. Global Information Management Market By Region, From 2020-2025 ( USD Billion )
  8. Global Digital Water Solutions Market By Solution Type, From 2020-2025 ( USD Billion )
  9. Global Hardware Market By Region, From 2020-2025 ( USD Billion )
  10. Global Software Market By Region, From 2020-2025 ( USD Billion )
  11. Global Services Market By Region, From 2020-2025 ( USD Billion )
  12. Global Digital Water Solutions Market By Utility Tier, From 2020-2025 ( USD Billion )
  13. Global Tier 1 Market By Region, From 2020-2025 ( USD Billion )
  14. Global Tier 2 Market By Region, From 2020-2025 ( USD Billion )
  15. Global Tier 3 Market By Region, From 2020-2025 ( USD Billion )

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