Top 10 Growth Opportunities in Water Utilities, 2024

Environment Top 10 Growth Opportunities in Water Utilities, 2024 Updated Research Available

Embracing Digital Transformation to Reach Sustainability Goals

INDUSTRY
Environment

RELEASE DATE
28-May-2024
REGION
North America
DELIVERABLE TYPE
Market Outlook

RESEARCH CODE
MH3B-01-00-00-00
SKU
EN_2024_766
Yes
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Top 10 Growth Opportunities in Water Utilities, 2024
Published on: 28-May-2024 | SKU: EN_2024_766

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Globally, water utilities face unprecedented weather patterns, urbanization trends, and various disruptive events that affect their service quality and asset sustainability. In response, utility operators are exploring various solutions to ensure resilience and are taking major steps toward circular economy and net zero goals to ensure long-term environmental and economic sustainability.

The profound impact of digital transformation and its ability to improve sustainability and resilience have spurred utilities worldwide to invest significantly in digital solutions that will optimize their water and wastewater infrastructure.

Water utilities are relatively more open than other sectors to adopting new everything-as-a-service (XaaS) business models to help more quickly adapt to advanced technologies. XaaS business models offer added value and enable outcomes that align with customers’ sustainability goals.

The Top 10 Growth Opportunities in Water Utilities, 2024 research provides insights and strategies that solution providers can use to best leverage the key drivers that are shaping new growth areas amongst water and wastewater utilities.

Author: Paul Hudson

Strategic Imperatives

Sustainability and Circular Economy Practice

Top 10 Growth Opportunities

Growth Opportunity 1: Digital Twin and Digital Twin Lite

Growth Opportunity 2: Smart Water Metering

Growth Opportunity 3: Direct and Indirect Potable Reuse

Growth Opportunity 4: Sludge Treatment and AD for RNG and Nutrients

Growth Opportunity 5: Cybersecurity

Growth Opportunity 6: Green Hydrogen

Growth Opportunity 7: Real-time WQQM and Asset Management Platforms

Growth Opportunity 8: Smart Wastewater Networks

Growth Opportunity 9: Advanced Membrane Solutions Enabling ZLD and Resource Recovery

Growth Opportunity 10: PFAS

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Globally, water utilities face unprecedented weather patterns, urbanization trends, and various disruptive events that affect their service quality and asset sustainability. In response, utility operators are exploring various solutions to ensure resilience and are taking major steps toward circular economy and net zero goals to ensure long-term environmental and economic sustainability. The profound impact of digital transformation and its ability to improve sustainability and resilience have spurred utilities worldwide to invest significantly in digital solutions that will optimize their water and wastewater infrastructure. Water utilities are relatively more open than other sectors to adopting new everything-as-a-service (XaaS) business models to help more quickly adapt to advanced technologies. XaaS business models offer added value and enable outcomes that align with customers sustainability goals. The Top 10 Growth Opportunities in Water Utilities, 2024 research provides insights and strategies that solution providers can use to best leverage the key drivers that are shaping new growth areas amongst water and wastewater utilities. Author: Paul Hudson
More Information
Deliverable Type Market Outlook
Author Paul Hudson
Industries Environment
No Index No
Is Prebook No
Keyword 1 Water Sector Market
Keyword 2 Water Utility Technologies
Keyword 3 Water Infrastructure
Podcast No
Predecessor MGD1-01-00-00-00
WIP Number MH3B-01-00-00-00