Digital Water Market Size to Reach USD 19.43 Billion in 2028 | Increasing Demand for Quality Water Services and Steady Digitalization of the Utility Sector are Some Key Factors Driving Industry Growth, according to Emergen Research
Cybersecurity issues are expected to be the primary market restraining factor affecting the global digital water market.
- Cybersecurity issues are expected to be the primary market restraining factor affecting the global digital water market.
- For instance, in February 2021, Florida, the city of Oldsmar experienced a cybersecurity threat at its water treatment plant.
- Increasing demand for quality water services, increasing digitalization of utility sector, and government regulations favoring development of digital water are some key factors driving growth of the digital water market.
- Emergen Research has segmented the global digital water on the basis of solution type, technology, utility tier, and region: