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Smart Water Management is a system that uses Information and Communication Technology (ICT) and real-time data solution to solve water management challenges.
The Middle East & Africa Smart Water Management Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of the Middle East & Africa Smart Water Management market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report titled “The Middle East & Africa Smart Water Management Market Analysis, 2020”, the Middle East & Africa Smart Water Management market is anticipated to grow at a considerable CAGR during 2021-26F. The burgeoning need for sustainable water solutions, integration of advanced technologies such as the internet of things (IoT) in the water management process in order to reduce operational costs, and introduction of innovative smart meters are propelling the demand for smart water management in the region. Moreover, the rising population, robust industrialization & urbanization coupled with the increasing presence of international companies, and growing adoption of smart water management technologies are some of the factors placing a positive impact on the growth of the market in the forthcoming timeline.
Market Segmentation
Commercial and Industrial Segment Registered the Fastest Growth
Based on End user, Commercial and industrial registered fastest growth in the Middle East Africa Smart Water Management market in 2019 on account of increasing industrialization and burgeoning demand for quality water services. Moreover, the residential segment is anticipated to attain highest CAGR by 2025 due to increasing population due to rapid urbanization, burgeoning installation of smart meters in smart cities, and rising investments for smart infrastructural development. Thus, this is projected to upsurge the growth of Smart Water Management in the forecast years as stated by the MarkNtel Advisors’ research report “Middle East & Africa Smart Water Management Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the Middle East & Africa Smart Water Management market include ABB, IBM, Honeywell Elster, Siemens, Schneider Electric, Suez, Arad Group, Aquamatrix, Badger Meter, Sensus etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Middle East & Africa Smart Water Management Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Middle East & Africa Smart Water Management Market during 2021-26F?
A. The Middle East & Africa Smart Water Management Market is forecast to grow at a considerable CAGR during 2021-26F.
Q. Who are the key competitors or players operating in Middle East & Africa Smart Water Management Market?
A. ABB, IBM, Honeywell Elster, Siemens, Schneider Electric, Suez, Arad Group, Aquamatrix, Badger Meter, Sensus etc., are few of the leading players in the Middle East & Africa Smart Water Management Market.
Q. Which end-user segment would emerge as an opportunity area for players in Middle East & Africa Smart Water Management Market?
A. Commercial segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which country would emerge as an opportunity area for players in Middle East & Africa Smart Water Management Market?
A. UAE and Saudi Arabia continue to grow at a highest CAGR, presenting immense opportunities for market players of Middle East & Africa Smart Water Management Market.
