Latin America is expected to grow owing to need for conservation of water resources. Water utilizes and water regulatory authorities across the globe need to proactively adopt smart technology solutions to streamline their operations. In the Latin America, most of the south west region has been witnessing water scarcity owing to dry desserts. The Latin America market has been featured by enormous variations in the economic, social and political structures for private investments. Developing economies such as Brazil, Argentina, Mexico and others promise a positive growth for the Latin America smart water management market.

Further, Brazil is one of the countries that are either equivalent or is 5 years behind North America or Europe in terms of the adoption of new technologies. Implementation of IoT in Brazil is increasing rapidly owing to the significant contribution of government. IoT will soon be an opportunity in Africa that cannot be ignored by African businesses. More than 630 million people live without any access to electricity in Africa, and about 40 billion hours are spent fetching water every year in the sub-Saharan region. Traditional utility providers are facing challenges in serving the population of the continent. Smart metering is gaining popularity along with IoT companies receiving tens of millions of dollars in investment over the last five years in Africa.

IoT can play an important role in improving the maintenance of the equipment and communities can be supplied with clean water. For instance, SweetSense, a start-up installed nearly 200 sensors in rural water pumps in Rwanda. The sensors dramatically resulted in the reduction of the number of pumps broken in an area at any given time and reduced the repair interval at pumps as well. In addition, Johannesburg-based electricity utility City Power began a pilot of load-limiting smart meters that have limited water supply to households. With such meters, household water usage is monitored in real-time.

Research Methodology

The market study of the Latin America Smart Water Management market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for the electronic industry, ICT (Information and Communication Technology) and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Latin America  Smart Water Management Market Research and Analysis by Product

2. Latin America  Smart Water Management Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the Latin America Smart Water Management market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Latin America Smart Water Management market.
• Insights about market determinants which are stimulating the Latin America Smart Water Management market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.