Middle East & Africa Smart Water Management Market Research Report: Forecast (2023-2028)

By Offerings (Water Meters, Solutions, Services), By End User (Commercial & Industrial, Residential), By Country (The UAE, Saudi Arabia, Qatar, Bahrain, Oman, Kuwait, Egypt, South......Africa, Others), By Company (ABB Ltd., IBM, Honeywell Elster, Siemens, Schneider Electric, Suez, Arada Group, Aquamatrix, Kasha, Badger Meter, Sensus) Read more

  • Environment
  • Jun 2023
  • 169
  • PDF, Excel, PPT

Market Definition

Smart Water Management refers to the application of Information and Communication Technology (ICT) & real-time data & responses for dealing with water management challenges. It involves the integration of various technologies, such as sensors, IoT devices, analytics, and automation, to optimize the efficiency, conservation, and distribution of water resources. The applicability of this management has grown in commercial & industrial, and residential areas of the Middle East & African countries to minimize dealing with the water scarcity situation in the region.

Market Insights & Analysis: The Middle East & Africa Smart Water Management Market (2023-28):

The Middle East & Africa Smart Water Management Market is projected to grow at a CAGR of around 11% during the forecast period, i.e., 2023-28, owing to the rising water scarcity in the region caused by geographical location, climate change, population growth, and socioeconomic development. The region has a large presence of deserts like the Arabian Desert, Sahara Desert, etc., resulting in minimum rainfall & water scarcity. The countries mainly depend upon water conservation, recycling, rainwater harvesting, desalination, and other processes to fulfill the water demand across the region.

These processes are being applied in various municipal, industrial, and residential sectors to reduce water wastage & abide by government guidelines. Thus, the soaring need for conserving water in these sectors has led to the adoption of smart solutions, including smart water management that includes Enterprise Asset Management, Analytics & Data Management, Security, Advanced Pressure Management, Mobile Workforce Management, Leak Detection, and others to minimize the wastage of water, therefore generating large demand for water management in the regional market.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 11%
Country Covered The UAE, Saudi Arabia, Qatar, Bahrain, Oman, Kuwait, Egypt, South Africa, Others
Key Companies Profiled ABB Ltd., IBM, Honeywell Elster, Siemens, Schneider Electric, Suez, Arada Group, Aquamatrix, Kasha, Badger Meter, Sensus
Unit Denominations USD Million/Billion

 

Nations such as the UAE, Saudi Arabia, Egypt, and others consist of a vast industrial sector that utilizes a huge volume of water & has subsequently led to the spur in market demand for smart water management during the historical period. These countries have been witnessing substantial growth in the construction, oil & gas, chemical, and other industries, owing to supportive government initiatives & rising foreign direct investment (FDI).  Furthermore, the rising government initiative for achieving sustainable development goals has also been propelling the demand graph of the market. Smart water management has been identified as a crucial component for achieving sustainable development goals (SDGs), and governments in the Middle East & Africa have been taking steps to address this issue. For instance:

  • In 2023, Saudi Arabia’s government allocated around USD80 billion to implement water projects in the future years to provide universal & equitable access to safe & affordable drinking water for all.

Thus, growing government initiatives & investment in promoting water projects in the region would contribute to enhancing the revenue growth of the Middle East & Africa Smart Water Management Market in the coming years.

Middle East & Africa Smart Water Management Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. The Middle East & Africa Water Overview, By Country, 2022
    1. Water Availability
    2. Water Consumption
    3. Wastewater Production
    4. Water Reutilization
    5. Total Actual Renewable Water Resources per Capita
  5. The Middle East & Africa Smart Water Management Market Regulations and Policy
  6. The Middle East & Africa Smart Water Management Market Trends & Developments
  7. The Middle East & Africa Smart Water Management Market Dynamics
    1. Drivers
    2. Challenges
  8. The Middle East & Africa Smart Water Management Market Hotspot & Opportunities
  9. The Middle East & Africa Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Size & Analysis
      1. By Offerings
        1. Water Meters- Market Size & Forecast 2018-2028, USD Million
          1. AMR/AMR+ METERS- Market Size & Forecast 2018-2028, USD Million
          2. AMI METERS- Market Size & Forecast 2018-2028, USD Million
        2. Solutions- Market Size & Forecast 2018-2028, USD Million
          1. Enterprise Asset Management - Market Size & Forecast 2018-2028, USD Million
          2. Analytics and Data Management- Market Size & Forecast 2018-2028, USD Million
          3. Security- Market Size & Forecast 2018-2028, USD Million
          4. Smart Irrigation Management- Market Size & Forecast 2018-2028, USD Million
          5. Advanced Pressure Management- Market Size & Forecast 2018-2028, USD Million
          6. Mobile Workforce Management- Market Size & Forecast 2018-2028, USD Million
          7. Network Management- Market Size & Forecast 2018-2028, USD Million
          8. Customer Information System and Billing- Market Size & Forecast 2018-2028, USD Million
          9. Leak Detection- Market Size & Forecast 2018-2028, USD Million
          10. Others- Market Size & Forecast 2018-2028, USD Million
        3. Services- Market Size & Forecast 2018-2028, USD Million
          1. Professional Services- Market Size & Forecast 2018-2028, USD Million
          2. Managed Services- Market Size & Forecast 2018-2028, USD Million
      2. By End User
        1. Commercial and Industrial- Market Size & Forecast 2018-2028, USD Million
        2. Residential- Market Size & Forecast 2018-2028, USD Million
      3. By Company
        1. Competition Characteristics
        2. Revenue Shares & Analysis
      4. By Country
        1. The UAE
        2. Saudi Arabia
        3. Qatar
        4. Bahrain
        5. Oman
        6. Kuwait
        7. Egypt
        8. South Africa
        9. Rest of the Middle East & Africa
  10. The UAE Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Offerings- Market Size & Forecast 2018-2028, USD Million
      2. By End User- Market Size & Forecast 2018-2028, USD Million
  11. Saudi Arabia Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Offerings- Market Size & Forecast 2018-2028, USD Million
      2. By End User- Market Size & Forecast 2018-2028, USD Million
  12. Qatar Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Offerings- Market Size & Forecast 2018-2028, USD Million
      2. By End User- Market Size & Forecast 2018-2028, USD Million
  13. Bahrain Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Offerings- Market Size & Forecast 2018-2028, USD Million
      2. By End User- Market Size & Forecast 2018-2028, USD Million
  14. Oman Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Offerings- Market Size & Forecast 2018-2028, USD Million
      2. By End User- Market Size & Forecast 2018-2028, USD Million
  15. Kuwait Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Offerings- Market Size & Forecast 2018-2028, USD Million
      2. By End User- Market Size & Forecast 2018-2028, USD Million
  16. Egypt Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Offerings- Market Size & Forecast 2018-2028, USD Million
      2. By End User- Market Size & Forecast 2018-2028, USD Million
  17. South Africa Smart Water Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Offerings- Market Size & Forecast 2018-2028, USD Million
      2. By End User- Market Size & Forecast 2018-2028, USD Million
  18. The Middle East & Africa Smart Water Management Market Key Strategic Imperatives for Success & Growth
  19. Competitive Outlook
    1. Company Profiles 
      1. ABB Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. IBM
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Honeywell Elster
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Siemens
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Schneider Electric
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Suez
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Arada Group
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Aquamatrix
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Kasha
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Badger Meter
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Sensus
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
  20. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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