The primary driving force behind the growing number of smart water meter installations is the water scarcity concern, which implies high water consumption, water losses, and leakage issues. Another compelling factor is the ability of smart water meters to monitor and diagnose water usage patterns in residential, commercial, and industrial settings, while also providing detailed cost tracking for resource management. According to Transforma Insights, here will be approximately 700 million smart water meters deployed worldwide by 2030.
With over 20% of our clients being from the utility sector, we are actively involved in water metering projects worldwide. Learn more about smart water metering market and IoT technology involved as well as specific applications for the devices.