Middle East & Africa Smart Water Management Market Overview and Insights:
According to MarkNtel Advisors Report, 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.
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Key Takeaways: Beneficial for Stakeholders and Clients:
- Historical Data: 2018-21
- Base Year: 2022
- Forecast Period: 2023-2028
What are the major challenges facing the Middle East & Africa Smart Water Management Market?
Lack of Domestic Skilled Workforce in the Region – Smart Water Management has advanced technologies to optimize the use of water resources while minimizing waste & improving efficiency. Specialized knowledge in engineering fields, data analytics, and IT is required to perfectly set off smart water management services. However, the countries in the Middle East & Africa rely on the expatriate population to operate IT, manufacturing, services, and other industries in the region.
Moreover, with the increasing infrastructural development, the requirement for this water management is foreseen to expand in various industries during the coming period. Thus, the lack of a domestic skilled workforce & overreliance on the expatriate workforce from the Southern Asian countries is presumed to restrict the Middle East & Africa Smart Water Management market during 2023-28.
Who are the Key Players Operating in the Middle East & Africa Smart Water Management Industry?
The top companies of the Middle East & Africa Smart Water Management market ruling the industry are:
- ABB Ltd.
- IBM
- Honeywell Elster
- Siemens
- Schneider Electric
- Suez
- Arada Group
- Aquamatrix
- Kasha
- Badger Meter
- Sensus
- Others
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What is Included in Middle East & Africa Smart Water Management Market Segmentation?
The report has segmented the market into the following categories:
By Offerings
- Water Meters- Market Size & Forecast 2018-2028, USD Million
- AMR/AMR+ METERS- Market Size & Forecast 2018-2028, USD Million
- AMI METERS- Market Size & Forecast 2018-2028, USD Million
- Solutions- Market Size & Forecast 2018-2028, USD Million
- Enterprise Asset Management – Market Size & Forecast 2018-2028, USD Million
- Analytics and Data Management- Market Size & Forecast 2018-2028, USD Million
- Security- Market Size & Forecast 2018-2028, USD Million
- Smart Irrigation Management- Market Size & Forecast 2018-2028, USD Million
- Advanced Pressure Management- Market Size & Forecast 2018-2028, USD Million
- Mobile Workforce Management- Market Size & Forecast 2018-2028, USD Million
- Network Management- Market Size & Forecast 2018-2028, USD Million
- Customer Information System and Billing- Market Size & Forecast 2018-2028, USD Million
- Leak Detection- Market Size & Forecast 2018-2028, USD Million
- Others- Market Size & Forecast 2018-2028, USD Million
- Services- Market Size & Forecast 2018-2028, USD Million
- Professional Services- Market Size & Forecast 2018-2028, USD Million
- Managed Services- Market Size & Forecast 2018-2028, USD Million
Water Meters held a considerable share in the Middle East Smart Water Management Market due to its growing requirement for monitoring & measuring water consumption, which is necessary for efficient water management. Smart meters, equipped with sensors & communication technology, are increasingly used by industrial & residential end-users to transmit real-time data about water consumption to a central monitoring system. This data is analyzed to optimize water usage & reduce waste. The government is also promoting the installation of water meters in the infrastructures to promote water conservation.
By End User
- Commercial and Industrial- Market Size & Forecast 2018-2028, USD Million
- Residential- Market Size & Forecast 2018-2028, USD Million
By Company
- Competition Characteristics
- Revenue Shares & Analysis
By Country
- The UAE
- Saudi Arabia
- Qatar
- Bahrain
- Oman
- Kuwait
- Egypt
- South Africa
- Rest of the Middle East & Africa
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Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- How has the Middle East & Africa Smart Water Management industry been evolving in terms of geography & adoption?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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