SMART WATER SYSTEMS TO TRIPLE TO $3.3BIL BY 2022

Smart Water Networks; Smart Water Meters, Communications Infrastructure, Network Monitoring and Automation Technologies, and Data Management and Analytics: Market Analysis and Forecasts

4Q 2013 (Navigant Research)

“…Water utilities are relying on aging or inadequate infrastructure to meet growing demand, tough environmental targets, and increasing regulatory requirements…[and] utilities need to reduce non-revenue water losses and improve their operational efficiency. Smart water networks have an important role to play in addressing these challenges…Smart water meters are a key component of smart water networks, but other monitoring and control technologies are becoming increasingly important for leak detection, pressure management, and water quality monitoring…[The industry] is hungry for change, but also conservative in its operations and restricted in its financial options. Navigant Research forecasts that the global smart water networks market will expand from $1.1 billion in annual revenue in 2013 to more than $3.3 billion in 2022…” click here for more

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