The utility business model is under growing threat from market externalities– industrial & commercial reuse, bottled water, and smart homes.
Certainly, innovation is unique to each utility and its starting point. It is nonetheless critical that leadership understands where they are on the utility journey from core, tactical, and strategic positioning. This will enable more focused attention on the operational, environmental, and economic challenges going forward.
A recent report by Bluefield Research titled, “Focus Report, Water Industry 4.0: U.S. & Canada Digital Water Market Forecast, 2019-2030,” presents an analysis of the U.S. and Canadian digital water market. This report cites that annual capital expenditures for digital water solutions will rise from $5.4 billion in 2019 to $10.8 billion in 2030, setting the stage for more advanced monitoring and management of critical infrastructure.
Water and Wastewater Digest23 Sep 2020
Utilities are planning to harness digital assets and data analytics to optimise the operations of their water networks, improve network resilience against wildfires, floods and droughts and to enhance customer services. Smart Energy09 Jul 2020
It is difficult to overstate the challenges that COVID-19 poses for the water sector, from operational difficulties to acute financial shocks. But the pandemic also presents a long-term opportunity for the industry to rethink the status quo and embrace innovation. Smart Water Magazine26 May 2020
On 31 December 2020, U.S. cellular carrier Verizon Wireless will sunset its national 2G and 3G networks to free up bandwidth for its nascent 5G network. Verizon will cease to support its 2G and 3G network infrastructure ... »
The first quarter of 2020 kicked off what could otherwise have been a banner year for the global digital water market, before the outbreak of COVID-19—and ensuing social lockdowns and economic volatility across the major digital water markets—... »
On 17 March 2020, three leading North American water industry associations—the National Association of Water Companies (NAWC), the American Water Works Association (AWWA), and the Association of Metropolitan Water Agencies ... »
In the months since Bluefield’s "Water Industry 4.0: U.S. & Canada Digital Water Market Forecast, 2019-2030" was released, the global outbreak of COVID-19 has upended the U.S. & Canada water industry,... »
This Quarterly Insight highlights key trends in project development, M&A, and venture funding activity in digital water, globally. Notable market events that occurred in digital water during the second half (H2) of 2019 are included.... »
Companies approaching water as a business are often challenged by a lack of high quality, reliable intelligence. Bluefield bridges this gap with actionable, data-backed analysis supported by a transparent research methodology and ongoing access to our global water experts. As an independent insight firm focused exclusively on water markets, executives rely on our suite of research services to validate their assumptions, address critical questions, and strengthen strategic planning processes.
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