|Data Analytics and AI Boost Accuracy to Drive Global Smart Water and Wastewater Leak Detection Solutions Market|
|Intelligent Leak Detection Tools/platforms and Strategic Partnerships Amongst Service Providers is Enabling Sustainable Growth Opportunities|
As the urbanization Mega Trend gains momentum, water infrastructure and resources are experiencing extreme stress across the globe. An expanded population density within cities has driven the need to develop policies and regulatory frameworks aimed at curbing water loss and improving water conservation. The monetary loss caused by water leaks greatly hampers utilities’ sustainability and resilience, yet aging pipelines are the most common cause for leaks in both water and wastewater environments. Moreover, the 2020 COVID-19 pandemic has revitalized adoption of leak detection solutions; customers are reminded that optimizing water availability is a sure way to meet the growing demand for private and public sanitation.