Unlocking Potential: Digital Water Solutions and Services Market Growth and Trends Analysis for 2028

The Global Digital Water Solutions and Services Market is projected to grow at a CAGR of around 12.65% during the forecast period, i.e., 2023-2028.

Business Jan 28, 2025 12 Add to Reading List

Unlocking Potential: Digital Water Solutions and Services Market Growth and Trends Analysis for 2028

Global Digital Water Solutions and Services Market Overview and Insights:

According to MarkNtel Advisors Report, Global Digital Water Solutions and Services Market projected to grow at a CAGR of around 12.65% during the forecast period, i.e., 2023-28.

Digital Water Solutions and Services Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Time Period Captured in the Report:

Historical Years: 2018-21

Base Years: 2022

Forecast Years: 2023-28

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Possible Restraint: Lack of Skilled Workforce to Hinder the Market Growth

Digital water solutions involve the use of smart solutions such as artificial intelligence-enabled sensors, real-time monitoring tools, etc. The application of such solutions requires technically skilled staff that is qualified enough to handle & operate such technologies. The gap between the supply & demand of such technical proficiency in the existing workforce is restraining the market growth of these solutions.

Furthermore, the lack of sufficient technical staff is expected to impede the market in the coming years, as utility companies require an optimal number of technical workforce to serve the market proficiently.

Who are the Key Players Operating in the Digital Water Solutions and Services Industry?

The top companies of the Digital Water Solutions and Services market ruling the industry are:

Bentley Systems Inc.
Innovyze Inc.
Schneider Electric
ABB Ltd.
Atonix Digital
Copperleaf Technologies Inc.
Cognizant
Intelliflux Controls Inc.
Huawei Technologies Co. Ltd.
IBM
Siemens
Xenius
Minsait
TaKaDu
Others

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What is Included in Digital Water Solutions and Services Market Segmentation?

The report has segmented the market into the following categories:

-By Solutions

Hardware
Software
Services

Among these, the software segment of the Digital Water Solutions market generated a significant amount of revenue for Global Digital Water Solutions & Services Market in the historical years. This is due to the wider application of the software in several areas such as smart water metering solutions, wastewater treatment, etc. In addition, their role in providing and operating whole systems with ease and flexibility has been escalating the demand for software in the digital water solution services market.

Additionally, the increasing integration of software solutions such as Artificial Intelligence (AI), blockchain technology, and other technologies with different devices such as sensors to detect leakage, and smoke and to measure humidity, temperature, humidity, carbon dioxide, etc. would support the growth of this segment in the forecast period.

-By Technology

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

Geographical Analysis:

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

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For Further Queries:

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