|By Business Wire||
|April 30, 2014 09:11 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/rzqpc8/global_smart) has announced the addition of the "Global Smart Water Network Market 2014-2018" report to their offering.
The analysts forecast the Global Smart Water Network market will grow at a CAGR of 15 percent over the period 2013-2018.
The use of AMR technology for water metering enables water utilities to collect data remotely from the water meters using wireless communication systems, although not vice versa. Technology such as AMI enables communication from both ends. The two-way communication feature of AMI enables real-time data monitoring and control of water consumption. AMI comprises a wide range of metering devices, software processes, communication media, and data management systems.
According to the report, one of the major drivers in this market is increased government support to manage water resources effectively by reducing water wastage. Governments in many countries support water utilities in implementing plans and programs to monitor and control water consumption in households and industries.
Further, the report states that one of the major challenges in this market is the susceptibility of smart water networks to cyber attacks. Smart water networks have high levels of computing and internet protocol-based connectivity, making them susceptible to hackers. These networks are also at risk of virus attacks and mishandling of data.
- Arad Group
- Badger Meter Inc.
- Elster Group
- Itron Inc.
- Neptune Technology Group Inc.
- Sensus USA Inc.
Other Prominent Vendors
- Arqiva Ltd
- Cap Gemini SA
- CH2M HILL Co. Ltd.
- Homerider Systems SA
- I2O Water Ltd.
- IBM Corp.
- Mueller Systems LLC
- Oracle Corp.
- OSIsoft LLC
- Pure Technologies
- Schneider Electric SA
For more information visit http://www.researchandmarkets.com/research/rzqpc8/global_smart
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