Asia-Pacific Smart Water Management Market 2019-2025

Asia-Pacific Smart Water Management Market Size, Share & Trends Analysis Report by Product (Hardware, Software and Services), By Application (Residential, Commercial and Industrial) Forecast 2019-2025.

The Asia-Pacific smart water management market is estimated to grow at a CAGR of 14.3% during the forecast period. In 2018, the Asia-Pacific smart water management market was valued at around $1.2 billion and is further estimated to reach nearly $3.2 billion in 2025. The Asia-pacific smart water management market is estimated to witness promising growth owing to a significant focus on water management and ongoing projects for smart water management. For instance, China is constantly focusing on strengthening its commitment to the protection of the water and environment, soil quality and air.

Some projects for smart water management have been reported in the region. For instance, in March 2017, Shenzhen Water, China Telecom, and Huawei jointly released the world's first commercial NB-IoT-based smart water project on World Water Day. Shenzhen Water has deployed nearly 1200 NB-IoT smart water meters for Southern Pearl Garden and other residential areas in the Yantian District of Shenzhen. With the support of the carrier networks and the water service platform based on E-Cloud 3.0 of China Telecom Shenzhen, Shenzhen Water has comprehensively upgraded its water management system to embrace the smart water era.

Shenzhen Water has been proactively exploring the in-depth convergence between water service management and next-generation information technologies, including cloud computing, IoT, and big data. From the initial stage of the agreement, Huawei, Shenzhen Water, and China Telecom have been continuously attempting to evolve the NB-IoT industry chain. The commercial NB-IoT-based smart water project will play a standard role in the development of the smart city and IoT industry.

Furthermore, India is estimated to be the fastest-growing in the Asia-Pacific smart water management market during the forecast period and Japan has a considerable market value in the Asia-Pacific smart water management market. The key player’s active in the market include Huizhong Instrumentation Co., Ltd., Huawei Technologies Co. Ltd., ABB, LTD., SUNTRONT TECH CO., LTD., TOSHIBA INFRASTRUCTURE SYSTEMS & SOLUTIONS CORP., SUEZ Group, Schneider Electric SE, Honeywell International, Inc., Hitachi, Ltd. and Itron, Inc.

Research Methodology

The market study of the Asia-pacific Smart Water Management market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors.

Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for the electronic industry, ICT (Information and Communication Technology) and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Asia-Pacific Smart Water Management Market Research and Analysis by Product
2. Asia-Pacific Smart Water Management Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the Asia-pacific Smart Water Management market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-pacific Smart Water Management market.
• Insights about market determinants which are stimulating the Asia-pacific Smart Water Management market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.