Market conditions remain volatile for global digital water technology and services providers in early 2023. Broader economic uncertainty—stemming from inflationary pressures, recessionary fears, tech sector layoffs, and high-profile bank failures—is suppressing investor appetite for water technology firms. Even so, fundamentals in the digital water market remain strong, with robust utility demand buttressed by large-scale infrastructure investment initiatives around the globe and an improving supply chain environment for digital hardware manufacturers.
This quarterly analysis highlights key trends in project and policy development, mergers & acquisitions, and venture funding in digital water, globally.
In this Digital Water Quarterly Review:
- Top-line growth for digital water vendors as supply chain constraints ease
- Digital water M&A and VC activity remain subdued despite modest rebound
- Strategic investors fill the void as financial players withdraw
- Digital water market evolves with innovative technologies, business models