The North America Smart Water Management Market would witness market growth of 8.9% CAGR during the forecast period (2021-2027).
Buyers are highly demanding meters that utilize two-way communication, due to their various advantages such as system monitoring & control, and time-based synchronized meter readings. Additionally, these sophisticated two-way systems assist users with an infrastructure that complements system integration with third-party devices like security, pressure, and quality sensors, and remote shut-off valves.
Also, remote sensing technologies and GIS, GPS, and satellite radio communication systems are beneficial in recognizing freshwater resources and examining environmental problems. Currently, smart metering is being installed quickly across the industrial sector and provides new opportunities to manage utilization & allocation efficiently and manage systemic operational inefficiencies in emerging regions.
As the region is home to some of the major market players, the regional market is likely to witness bright growth prospects in the upcoming years. Factors such as fast-paced urbanization creating massive pressure on water utilities for quality and constant water supply and associated services, the growing adoption rate of sophisticated technologies for developing smart solutions to fulfill the increasing number of challenges in the water industry are acting as growth catalysts for the regional market.
The Professional Services market dominated the North America Services Market by Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,772 million by 2027. The Managed Services market is experiencing highest CAGR of 11.6% during (2021 - 2027).
Based on Component, the market is segmented into Solution, Water Meters, and Services. Based on End User, the market is segmented into Commercial & Industrial and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Smart Water Management Market is Estimated to reach $23.46 billion by 2027, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Schneider Electric SE, Xylem, Inc. (Sensus), Siemens AG, ABB Group, Itron, Inc., Landis+Gyr Group AG, Honeywell International, Inc., and Badger Meter, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Enterprise Asset Management
- Smart Irrigation Management
- Advanced Pressure Management
- Customer Information System & Billing
- Network Management
- Analytics & Data Management
- Leak Detection
- Others
- Water Meters
- Automatic Meter Reading
- Advanced Metering Infrastructure
- Services
- Professional Services
- Managed Services
By End User
- Commercial & Industrial
- Residential
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- Schneider Electric SE
- Xylem, Inc. (Sensus)
- Siemens AG
- ABB Group
- Itron, Inc.
- Landis+Gyr Group AG
- Honeywell International, Inc.
- Badger Meter, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Smart Water Management Market, by Component
1.4.2 North America Smart Water Management Market, by End User
1.4.3 North America Smart Water Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jul – 2021, Nov) Leading Players
Chapter 4. North America Smart Water Management Market by Component
4.1 North America Solution Market by Country
4.2 North America Solution Market by Type
4.2.1 North America Enterprise Asset Management Market by Country
4.2.2 North America Smart Irrigation Management Market by Country
4.2.3 North America Advanced Pressure Management Market by Country
4.2.4 North America Customer Information System & Billing Market by Country
4.2.5 North America Network Management Market by Country
4.2.6 North America Analytics & Data Management Market by Country
4.2.7 North America Leak Detection Market by Country
4.2.8 North America Other Solution Type Market by Country
4.3 North America Water Meters Market by Country
4.4 North America Water Meters Market by Type
4.4.1 North America Automatic Meter Reading Market by Country
4.4.2 North America Advanced Metering Infrastructure Market by Country
4.5 North America Services Market by Country
4.6 North America Services Market by Type
4.6.1 North America Professional Services Market by Country
4.6.2 North America Managed Services Market by Country
Chapter 5. North America Smart Water Management Market by End User
5.1 North America Commercial & Industrial Market by Country
5.2 North America Residential Market by Country
Chapter 6. North America Smart Water Management Market by Country
6.1 US Smart Water Management Market
6.1.1 US Smart Water Management Market by Component
6.1.1.1 US Solution Market by Type
6.1.1.2 US Water Meters Market by Type
6.1.1.3 US Services Market by Type
6.1.2 US Smart Water Management Market by End User
6.2 Canada Smart Water Management Market
6.2.1 Canada Smart Water Management Market by Component
6.2.1.1 Canada Solution Market by Type
6.2.1.2 Canada Water Meters Market by Type
6.2.1.3 Canada Services Market by Type
6.2.2 Canada Smart Water Management Market by End User
6.3 Mexico Smart Water Management Market
6.3.1 Mexico Smart Water Management Market by Component
6.3.1.1 Mexico Solution Market by Type
6.3.1.2 Mexico Water Meters Market by Type
6.3.1.3 Mexico Services Market by Type
6.3.2 Mexico Smart Water Management Market by End User
6.4 Rest of North America Smart Water Management Market
6.4.1 Rest of North America Smart Water Management Market by Component
6.4.1.1 Rest of North America Solution Market by Type
6.4.1.2 Rest of North America Water Meters Market by Type
6.4.1.3 Rest of North America Services Market by Type
6.4.2 Rest of North America Smart Water Management Market by End User
Chapter 7. Company Profiles
7.1 IBM Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreement:
7.1.6 SWOT Analysis
7.2 Oracle Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Schneider Electric SE
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental And Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreement:
7.3.5.2 Product Launches and Product Expansion:
7.3.6 SWOT Analysis
7.4 Xylem, Inc. (Sensus)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisitions and Mergers:
7.4.5.3 Product Launches and Product Expansions:
7.4.5.4 Geographical Expansions:
7.5 Siemens AG
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.6 SWOT Analysis
7.6 ABB Group
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreement:
7.6.6 SWOT Analysis
7.7 Itron, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.8 Landis+Gyr Group AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research and Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreement:
7.8.5.2 Acquisitions and Mergers:
7.9 Honeywell International, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional & Segmental Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreement:
7.9.6 SWOT Analysis
7.1 Badger Meter, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Acquisition and Mergers:
TABLE 1 North America Smart Water Management Market, 2017 - 2020, USD Million
TABLE 2 North America Smart Water Management Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Water Management Market
TABLE 4 Product Launches And Product Expansions– Smart Water Management Market
TABLE 5 Acquisition and Mergers– Smart Water Management Market
TABLE 6 Geographical Expansions– Smart Water Management Market
TABLE 7 North America Smart Water Management Market by Component, 2017 - 2020, USD Million
TABLE 8 North America Smart Water Management Market by Component, 2021 - 2027, USD Million
TABLE 9 North America Solution Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Solution Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Solution Market by Type, 2017 - 2020, USD Million
TABLE 12 North America Solution Market by Type, 2021 - 2027, USD Million
TABLE 13 North America Enterprise Asset Management Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Enterprise Asset Management Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Smart Irrigation Management Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Smart Irrigation Management Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Advanced Pressure Management Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Advanced Pressure Management Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Customer Information System & Billing Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Customer Information System & Billing Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Network Management Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Network Management Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Analytics & Data Management Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Analytics & Data Management Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Leak Detection Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Leak Detection Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Other Solution Type Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Other Solution Type Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Water Meters Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Water Meters Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Water Meters Market by Type, 2017 - 2020, USD Million
TABLE 32 North America Water Meters Market by Type, 2021 - 2027, USD Million
TABLE 33 North America Automatic Meter Reading Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Automatic Meter Reading Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Advanced Metering Infrastructure Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Advanced Metering Infrastructure Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Services Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Services Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Services Market by Type, 2017 - 2020, USD Million
TABLE 40 North America Services Market by Type, 2021 - 2027, USD Million
TABLE 41 North America Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Managed Services Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Managed Services Market by Country, 2021 - 2027, USD Million
TABLE 45 North America Smart Water Management Market by End User, 2017 - 2020, USD Million
TABLE 46 North America Smart Water Management Market by End User, 2021 - 2027, USD Million
TABLE 47 North America Commercial & Industrial Market by Country, 2017 - 2020, USD Million
TABLE 48 North America Commercial & Industrial Market by Country, 2021 - 2027, USD Million
TABLE 49 North America Residential Market by Country, 2017 - 2020, USD Million
TABLE 50 North America Residential Market by Country, 2021 - 2027, USD Million
TABLE 51 North America Smart Water Management Market by Country, 2017 - 2020, USD Million
TABLE 52 North America Smart Water Management Market by Country, 2021 - 2027, USD Million
TABLE 53 US Smart Water Management Market, 2017 - 2020, USD Million
TABLE 54 US Smart Water Management Market, 2021 - 2027, USD Million
TABLE 55 US Smart Water Management Market by Component, 2017 - 2020, USD Million
TABLE 56 US Smart Water Management Market by Component, 2021 - 2027, USD Million
TABLE 57 US Solution Market by Type, 2017 - 2020, USD Million
TABLE 58 US Solution Market by Type, 2021 - 2027, USD Million
TABLE 59 US Water Meters Market by Type, 2017 - 2020, USD Million
TABLE 60 US Water Meters Market by Type, 2021 - 2027, USD Million
TABLE 61 US Services Market by Type, 2017 - 2020, USD Million
TABLE 62 US Services Market by Type, 2021 - 2027, USD Million
TABLE 63 US Smart Water Management Market by End User, 2017 - 2020, USD Million
TABLE 64 US Smart Water Management Market by End User, 2021 - 2027, USD Million
TABLE 65 Canada Smart Water Management Market, 2017 - 2020, USD Million
TABLE 66 Canada Smart Water Management Market, 2021 - 2027, USD Million
TABLE 67 Canada Smart Water Management Market by Component, 2017 - 2020, USD Million
TABLE 68 Canada Smart Water Management Market by Component, 2021 - 2027, USD Million
TABLE 69 Canada Solution Market by Type, 2017 - 2020, USD Million
TABLE 70 Canada Solution Market by Type, 2021 - 2027, USD Million
TABLE 71 Canada Water Meters Market by Type, 2017 - 2020, USD Million
TABLE 72 Canada Water Meters Market by Type, 2021 - 2027, USD Million
TABLE 73 Canada Services Market by Type, 2017 - 2020, USD Million
TABLE 74 Canada Services Market by Type, 2021 - 2027, USD Million
TABLE 75 Canada Smart Water Management Market by End User, 2017 - 2020, USD Million
TABLE 76 Canada Smart Water Management Market by End User, 2021 - 2027, USD Million
TABLE 77 Mexico Smart Water Management Market, 2017 - 2020, USD Million
TABLE 78 Mexico Smart Water Management Market, 2021 - 2027, USD Million
TABLE 79 Mexico Smart Water Management Market by Component, 2017 - 2020, USD Million
TABLE 80 Mexico Smart Water Management Market by Component, 2021 - 2027, USD Million
TABLE 81 Mexico Solution Market by Type, 2017 - 2020, USD Million
TABLE 82 Mexico Solution Market by Type, 2021 - 2027, USD Million
TABLE 83 Mexico Water Meters Market by Type, 2017 - 2020, USD Million
TABLE 84 Mexico Water Meters Market by Type, 2021 - 2027, USD Million
TABLE 85 Mexico Services Market by Type, 2017 - 2020, USD Million
TABLE 86 Mexico Services Market by Type, 2021 - 2027, USD Million
TABLE 87 Mexico Smart Water Management Market by End User, 2017 - 2020, USD Million
TABLE 88 Mexico Smart Water Management Market by End User, 2021 - 2027, USD Million
TABLE 89 Rest of North America Smart Water Management Market, 2017 - 2020, USD Million
TABLE 90 Rest of North America Smart Water Management Market, 2021 - 2027, USD Million
TABLE 91 Rest of North America Smart Water Management Market by Component, 2017 - 2020, USD Million
TABLE 92 Rest of North America Smart Water Management Market by Component, 2021 - 2027, USD Million
TABLE 93 Rest of North America Solution Market by Type, 2017 - 2020, USD Million
TABLE 94 Rest of North America Solution Market by Type, 2021 - 2027, USD Million
TABLE 95 Rest of North America Water Meters Market by Type, 2017 - 2020, USD Million
TABLE 96 Rest of North America Water Meters Market by Type, 2021 - 2027, USD Million
TABLE 97 Rest of North America Services Market by Type, 2017 - 2020, USD Million
TABLE 98 Rest of North America Services Market by Type, 2021 - 2027, USD Million
TABLE 99 Rest of North America Smart Water Management Market by End User, 2017 - 2020, USD Million
TABLE 100 Rest of North America Smart Water Management Market by End User, 2021 - 2027, USD Million
TABLE 101 Key information – IBM Corporation
TABLE 102 Key Information – Oracle Corporation
TABLE 103 Key information – Schneider Electric SE
TABLE 104 key information – Xylem, Inc.
TABLE 105 Key Information – Siemens AG
TABLE 106 Key Information – ABB Group
TABLE 107 Key Information – Itron, Inc.
TABLE 108 Key Information – Landis+Gyr Group AG
TABLE 109 Key information – Honeywell International, Inc.
TABLE 110 Key Information – Badger Meter, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jul – 2021, Nov) Leading Players
FIG 5 Swot analysis: IBM Corporation
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 Recent strategies and developments: Schneider Electric SE
FIG 8 Swot analysis: Schneider Electric SE
FIG 9 Recent strategies and developments: Xylem, Inc.
FIG 10 Swot analysis: Siemens AG
FIG 11 SWOT Analysis: ABB Group
FIG 12 Recent strategies and developments: Itron, Inc.
FIG 13 Recent strategies and developments: Landis+Gyr Group AG
FIG 14 Swot analysis: Honeywell international, inc.