Smart Water Metering Market is Expected to Reach$6.4 billion in 2027
According to a research report “Smart Water Metering Market by Meter type (Ultrasonic, Electromagnetic, Smart Mechanical), Application (Water Utilities, Industries), Technology (AMI, AMR), Component (Meter & Accessories, Communications) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the Smart Water Metering market is expected to grow at a CAGR of 11.6%...
Rising Concerns on Managing Water Consumption to Reduce Operational Costs are Driving the Smart Water Metering Market
Global Smart Water Metering Market Scenario:
The global smart water metering market is projected to reach USD 9.6 billion by 2024 from an estimated USD 5.9 billion in 2019, at a CAGR of 10.3% during the forecast period. The growing concern toward managing the supply of water is a driving factor for the market. Moreover, the adoption of the Internet of Things in the water industry is bringing...
$9.6 billion Smart Water Metering Market by Meter Type, Component & Application – Global Forecast to 2024
The global smart water metering market is projected to reach $9.6 billion by 2024 from an estimated $5.9 billion in 2019, at a CAGR of 10.3% during the forecast period. The growing concern toward managing the supply of water is a driving factor for the market. Moreover, the adoption of the Internet of Things in the water industry is bringing opportunities for the market.
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