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Thursday May 14, 2015
Thursday May 14, 2015
According to a new study by Grand View Research, Inc., water management has emerged as a significant priority for governments and water utilities, which is expected to fuel the global smart water management market. Infrastructure revitalization, growing population, fluctuating climate, and rise in water shortage issues are also some of the key forces driving market growth. Although water management and conservation practices are continuously evolving, the aforementioned forces have spurred demand for smart technology solutions for more efficient and sustainable water systems.
Technological advancements enable water utility operators to proactively control and mange distribution systems and enhance efficiency, which is expected to favorably impact the market. Proliferation of cloud-based solutions to monitor distribution networks provides opportunities for market growth. Concerns among water utilities regarding adoption of these solutions may pose a challenge to the market. Low adoption of smart water management systems by several water utilities owing to high investments is also expected to hinder market growth.
To request a sample copy or view summary of this report, click the link below:http://www.grandviewresearch.com/industry-analysis/smart-water-management-swm-market
For More Information visit - http://www.grandviewresearch.com/
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