MarkNtel Advisors who is leading market research company, has recently published a research report, titled “Middle East & Africa Smart Water Management Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2023-28. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.
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Market Study Period
Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028): 11%
Middle East & Africa Smart Water Management Market Insights:
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, owing to the rising water scarcity in the region caused by geographical location, climate change, population growth, and socioeconomic development. The report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.
Middle East & Africa Smart Water Management Market Drivers:
Increasing Government Focus on Infrastructural Developments to Augment the Market Growth – The Middle East & African countries have been largely dependent upon the oil & gas sector for their economic development for a long period. The government of the regional countries has been taking the initiative to reduce their economic dependency on the oil & gas sector and diversify their economies through IT, manufacturing, tourism, services, and other industries. Various initiatives, like Abu Dhabi Vision 2030, Saudi Vision 2030, and Egypt Vision 2030, have been taken into force by the government to achieve sustainable development goals & economic diversification.
These initiatives have propelled the construction industry in the region as numerous commercial, tourism, transportation, and other infrastructures are being constructed at a rapid pace. For instance, the Egyptian government has spent around USD400 billion on infrastructure to enhance the lifestyle of citizens & attract various investors for investing in several industries in the country. Thus, the requirement for this water management erupts in these infrastructures for efficient consumption & supply of water, further driving the Middle East & Africa Smart Water Management Market.
Explore the Complete Middle East & Africa Smart Water Management Market Analysis Report – https://www.marknteladvisors.com/research-library/middle-east-africa-smart-water-management-market.html
Which segments are covered in the Middle East & Africa Smart Water Management Market Research Report?
- By Offerings
- Water Meters
- AMR/AMR+ METERS
- AMI METERS
- Solutions
- Enterprise Asset Management
- Analytics and Data Management
- Security
- Smart Irrigation Management
- Advanced Pressure Management
- Mobile Workforce Management
- Network Management
- Customer Information System and Billing
- Leak Detection
- Others
- Services
- Professional Services
- Managed Services
- Water Meters
- By End User
- Commercial and Industrial
- Residential
- 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
Top 10 Key Brands/Players in the Middle East & Africa Smart Water Management Market
Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:
- ABB Ltd.
- IBM
- Honeywell Elster
- Siemens
- Schneider Electric
- Suez
- Arada Group
- Aquamatrix
- Kasha
- Badger Meter
- Sensus
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/middle-east-africa-smart-water-management-market.html
Frequently Asked Questions
- Which companies dominate the Middle East & Africa Smart Water Management Market in terms of market share?
- What is the projected market size of Middle East & Africa Smart Water Management Market in 2028?
- What key factor is anticipated to propel the Middle East & Africa Smart Water Management Market by 2028?
- How big is the Middle East & Africa Smart Water Management Market?
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