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Global Digital Water Solutions and Services Market Research Report: Forecast (2023-2028)

By Solutions (Hardware, Software, Services), By Technology (Metering & Customer Management, Network Management, Work & Asset Management, Plant Management, Information Management), By Region (North Ame... ... By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (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) Read more

ICT & Electronics
Feb 2023
Pages 185
Report Format: PDF, Excel, PPT

Market Definition

Digital Water Solutions & Services includes a wide range of products, technologies, and services integrated into a water management system. It involves the usage of hardware, software, data collection, data analytics, the Internet of Things (IoT), automation of knowledge work, and cloud-based technology solutions. This system provides real-time monitoring to act as a decision support system for water & wastewater providers.

Market Insights & Analysis: Global Digital Water Solutions and Services Market (2023-28)

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, owing to the role & ability of such solutions to save water efficiently & effectively. The application of digital water solutions helps in planning & designing smarter & more resilient water systems that optimize operation & maintenance with powerful artificial intelligence (AI), analytics, and simulation for fast & accurate answers.

Thus, these solutions serve as a support system to get data that can help in predictive maintenance and thereby help in reducing water wastage. This combined with the surging water scarcity due to groundwater depletion is supporting the market growth. In response, many companies, such as Veolia Technologies, Ecolab Inc., etc., are adding a portfolio of digital solutions to their existing water utilities. For instance:

In 2022, Veolia Water Technologies, the water division of the French company Veolia Environment signed an agreement with Orange Business Services. This was done to support Hubgrade, Veolia's smart digital platform for developing innovative digital services.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	12.65%
Regions Covered	North America: US, Canada, Mexico
	Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, Australia & New Zealand, Rest of Asia-Pacific
	South America: Brazil, Argentina, Rest of South America
	Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Key Companies Profiled	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
Unit Denominations	USD Million/Billion

Additionally, these solutions assist water providers in combating water pollution by detecting chemical leaks in rivers near plants, evaluating drinking water quality, and monitoring aquarium water quality. On the other hand, escalating climate change is supporting the market for smart technologies-enabled water systems. This further helped in real-time visualizations & modeling systems that aid in mitigating the impacts of climate events, such as flood risk of urban & coastal areas by assessments and forecasts.

Moreover, increasing urbanization in cities is deriving the need for proper management and optimal utilization of existing resources to cater to the widening demand. In response to such challenges, companies are coming up with new and smart technologies, which would raise the requirement for these water solutions by the government, utilities, engineering firms, etc.

Moreover, rising awareness about the benefits of cost saving associated with the usage of such products & technologies among consumers, owing to the initiatives taken by utility companies such as the installation of smart meters that can help in remote & prior monitoring of water usage. Hence, due to the emerging collaborations between water professionals and technology entrepreneurs to apply technological skills for better management of the resources, the Global Digital Water Solutions and Services Market size is presumed to enhance.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Digital Water Solutions and Services Market Porters Five Forces Analysis
Global Digital Water Solutions and Services Technological Advancements
Global Digital Water Solutions and Services Market Trends & Insights
Global Digital Water Solutions and Services Market Dynamics
1. Drivers
2. Challenges
Global Digital Water Solutions and Services Market Growth Opportunities & Hotspots
Global Digital Water Solutions and Services Market Policy & Regulations
Global Digital Water Solutions and Services Market Analysis, 2018-2028F
1. Market Size & Outlook
  1. Revenues (USD Million)
2. Market Share & Outlook
  1. By Solutions
    1. Hardware
    2. Software
    3. Services
      1. Professional Services
      2. Consulting Services
      3. System Integration & Deployment Services
      4. Support & Management Services
      5. Managed Services
  2. By Technology
    1. Metering & Customer Management
    2. Network Management
    3. Work & Asset Management
    4. Plant Management
    5. Information Management
  3. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
North America Digital Water Solutions and Services Market Analysis, 2018-2028F
1. Market Size & Outlook
  1. Revenues (USD Million)
2. Market Share & Outlook
  1. By Solutions
  2. By Technology
  3. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
4. Canada Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
5. Mexico Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
South America Digital Water Solutions and Services Market Analysis, 2018-2028F
1. Market Size & Outlook
  1. Revenues (USD Million)
2. Market Share & Outlook
  1. By Solutions
  2. By Technology
  3. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
4. Argentina Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
Europe Digital Water Solutions and Services Market Analysis, 2018-2028F
1. Market Size & Outlook
  1. Revenues (USD Million)
2. Market Share & Outlook
  1. By Solutions
  2. By Technology
  3. By Country
    1. The UK
    2. Germany
    3. France
    4. Italy
    5. Spain
    6. Rest of Europe
3. The UK Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
4. Germany Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
5. France Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
6. Italy Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
7. Spain Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
The Middle East & Africa Digital Water Solutions and Services Market Analysis, 2018-2028F
1. Market Size & Outlook
  1. Revenues (USD Million)
2. Market Share & Outlook
  1. By Solutions
  2. By Technology
  3. By Country
    1. The UAE
    2. Saudi Arabia
    3. South Africa
    4. Rest of Middle East & Africa
3. The UAE Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
4. Saudi Arabia Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
5. South Africa Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
Asia-Pacific Digital Water Solutions and Services Market Analysis, 2018-2028F
1. Market Size & Outlook
  1. Revenues (USD Million)
2. Market Share & Outlook
  1. By Solutions
  2. By Technology
  3. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia & New Zealand
    6. Rest of Asia-Pacific
3. China Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
4. India Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
5. Japan Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
6. South Korea Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
7. Australia & New Zealand Digital Water Solutions and Services Market Analysis, 2018-2028F
  1. Market Size & Outlook
    1. Revenues (USD Million)
  2. Market Share & Outlook
    1. By Solutions
Global Digital Water Solutions and Services Market Key Strategic Imperatives for Success & Growth
Competitive Benchmarking
1. Competition Matrix
  1. Product Portfolio
  2. Target Markets
  3. Target Technology
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
  1. Bentley Systems Inc.
  2. Innovyze Inc.
  3. Schneider Electric
  4. ABB Ltd.
  5. Atonix Digital
  6. Copperleaf Technologies Inc.
  7. Cognizant
  8. Intelliflux Controls Inc.
  9. Huawei Technologies Co. Ltd.
  10. IBM
  11. Siemens
  12. Xenius
  13. Minsait
  14. TaKaDu
  15. Others
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.

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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