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Smart Water Meter Market to Surpass USD 13.94 Billion by 2034 | CAGR: 11.8%
Smart Water Meter Market Analysis: Opportunities, Innovations, and Growth Potential Through 2034 Β Global Smart Water Meter Market size and share is currently valued at USD 4.57 billion in 2024 and is anticipated to generate an estimated revenue of USD 13.94 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 11.8%β¦
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A KEY BUILDING BLOCK FOR WATER CONSERVATION
With the current water solution being too expensive and time wasting, IoT in Water has come up with smart water solution which has reduced the leakage by 20% and hence has saved water. With the various features like Pipeline monitoring, Water Quality test, pump station monitoring and district metering area, IoT in Water has ensured a precise control over the data of the water resources which allows an efficient and optimized management of water companies.
