Gain insights into and business models for the smart water utilities managed services and software market.
IHS Markit forecasts that the global installed base of communicating water meters will increase by 150% during the eight-year span of our report on this emerging market. Between 2016 and 2023, water utilities will spend over $576 million on meter data-based managed services. The vast quantity of meter-read data creates a significant opportunity for tech-savvy entrepreneurs who have capabilities to deliver value-added software and services for the water utility market.
The first edition of the Smart Utilities Managed Services Report from IHS Markit takes an in-depth look at the new marketplace for technology-based services that tap into the wealth of imported data and use advanced metering infrastructure (AMI) to support water utility companies. The report delivers market sizes and eight-year revenue projections for many applications, from communications networks to meter data management software and analytics and more.
You receive authoritative data and information forecast across 28 subcategories of products and services and six geographic regions. Our eight-year forecasts for smart water utilities managed services provide an in-depth understanding of the competitive landscape from both qualitative and quantitative perspectives.
This is a must-read resource for metering hardware manufacturers, industrial platform provider suppliers, combined AMI vendors, communications networking companies and anyone offering telecommunications technology.
Key issues addressed:
- What are the technology services that utilities most need and are willing to pay for right now and in the future?
- What regions hold greater opportunity for vendors?
- How do the needs differ for different utilities in terms of size and geography?
- How will the market size for SaaS compare to the market for NaaS?
- Which benefits are key in determining the compelling ROIs for a utility?