From 2016 through 2023, the global installed base of communicating water meters will increase by 150%. As these meters come online they will contribute to the ever-increasing amount of meter-read data, creating a massive base for vendors to deliver further value through software and services. The forecast years in the report cover a critical period in the development of this new business. Already, professional services based upon AMI data have begun to grow and some services such as data hosting in certain markets have begun to be the new normal.
This first edition report from IHS Markit takes a forward-gazing look at the evolving market place for technology-based services to the water utility, centred around the role of AMI and the all-important data. From applications such as the communications network, to meter data management software and analytics, the report will give market sizes and revenue projections for the next five years across 28 sub-categories of products and services.