Middle East & Africa Smart Water Management Market Growth Trends, Volume Insights & Outlook 2028

The Middle East & Africa Smart Water Management Market is projected to grow at a CAGR of around 11% during the forecast period, i.e., 2023-28.

Future Middle East & Africa Smart Water Management Market: Key Dynamics, Size & Share Analysis

The Middle East & Africa Smart Water Management Market is projected to grow at a CAGR of around 11% during the forecast period, i.e., 2023-28.

Top Driver Impacting the Middle East & Africa Smart Water Management Market Growth

Increasing Government Focus on Infrastructural Developments to Augment the Market Growth – The Middle East & African countries have been largely dependent upon the oil & gas sector for their economic development for a long period. The government of the regional countries has been taking the initiative to reduce their economic dependency on the oil & gas sector and diversify their economies through IT, manufacturing, tourism, services, and other industries. Various initiatives, like Abu Dhabi Vision 2030, Saudi Vision 2030, and Egypt Vision 2030, have been taken into force by the government to achieve sustainable development goals & economic diversification.

These initiatives have propelled the construction industry in the region as numerous commercial, tourism, transportation, and other infrastructures are being constructed at a rapid pace. For instance, the Egyptian government has spent around USD400 billion on infrastructure to enhance the lifestyle of citizens & attract various investors for investing in several industries in the country. Thus, the requirement for this water management erupts in these infrastructures for efficient consumption & supply of water, further driving the Middle East & Africa Smart Water Management Market.

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Understanding the Core Segments in the Middle East & Africa Smart Water Management Market

Middle East & Africa Smart Water Management Market Size, Share & Industry Trends Analysis - By Offerings (Water Meters, Solutions, Services), By End User (Commercial & Industrial, Residential) and Others

Geographical Analysis of the Middle East & Africa Smart Water Management Market

-By Region

  • The UAE
  • Saudi Arabia
  • Qatar
  • Bahrain
  • Oman
  • Kuwait
  • Egypt
  • South Africa
  • Others

The smart water management system in the UAE has been rapidly growing owing to the government’s measures to ensure efficient water management in the country.

Who Dominates the Middle East & Africa Smart Water Management Market Insights on Key Industry Players?

Companies are strengthening their presence in the Middle East & Africa Smart Water Management market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • ABB Ltd.
  • IBM
  • Honeywell Elster
  • Siemens
  • Schneider Electric
  • Suez
  • Arada Group
  • Aquamatrix
  • Kasha
  • Badger Meter
  • Sensus

Tap into future trends and opportunities shaping the Middle East & Africa Smart Water Management view the complete report: https://www.marknteladvisors.com/research-library/middle-east-africa-smart-water-management-market.html

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