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In Q3 2023, the 10 publicly traded digital water providers tracked by Bluefield reported an average revenue growth of 10.8%. Five firms recorded double-digit growth, led by Itron with a 33.0% increase relative to Q3 2022. Improvements in supply chain conditions and strong demand in key markets such as Europe underscore digital water providers’ strong results.
This Quarterly Review highlights key trends in project and policy development, mergers & acquisitions (M&A), and venture funding in digital water, globally.
In this Digital Water Quarterly Review:
- Improved supply chain conditions bolster revenues of top digital water vendors
- Mixed results for M&A and venture capital in digital water
- Leading firms in adjacent sectors stake a claim in digital water
- Cybersecurity drove significant market activity in the latter part of 2023
