Market Analysis
Market Research Future (MRFR) predicts the global
digital water solutions market size to reach USD 1.26 billion at a CAGR of 12.01% from 2020 to 2026 (forecast period).
Digital water solutions include a wide range of products and technologies used by water and wastewater providers, including software, hardware, services, analytical tools, data collection, and state-of-the-art technologies like artificial intelligence (AI) and machine learning. With digital water solutions, developing countries can develop and manage off-grid and localized water systems and produce dynamic models which can incorporate smart valves, pumps, sensors, and other smart devices and send real-time data of water systems. Therefore, all of the above factors are driving the growth of the global market.