Uploaded on Jul 9, 2020
The US smart water management market is estimated to grow at a CAGR of 11.5% during the forecast period. The US is the leading smart water management market in the North America region. The country has a huge potential for the growth of the US smart water management market. The US is the largest economy across the globe. The US has recorded significant adoption of smart water meters since 2015. States Government is taking initiatives for the installation of smart water meters. For instance, the Eastern Municipal Water District (EMWD) in Southern California is expected to increase its monthly smart meter installation, with 5,000 AMI units. EMWD also announced to replace 5,000 existing analog water meters to smart water meters. Such initiatives by state governments are significantly contributing to the growth of the market in the US.
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