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Libelium, named Key Vendor on the report “The global IoT market in potable water monitoring 2017–2021″

Libelium, named Key Vendor on the report “The global IoT market in potable water monitoring 2017–2021″

September 21st, 2017 - Libelium

According to the latest Research & Markets report, Libelium dominates the smart water solutions market with other three companies: GE, Trimble and Valarm.

The “Global IoT Market in Portable Water Monitoring 2017-2021″ states that the global IoT market in potable water monitoring will grow at a CAGR of 16.85% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the Global IoT Market in Potable Water Monitoring for 2017-2021. To calculate the market size, the report considers new installations of new solutions, retrofit of existing solutions, replacement of non-functional parts, and aftersales services. The report also includes a discussion of the key vendors operating in this market.

The Internet of Things (IoT) is a network of computing devices that are connected through the Internet. This technology helps in real-time operations in utilities, enabling the exchange of data through the connected network. The IoT in potable water monitoring helps in collecting real-time information regarding the water quality at remote locations. The IoT market in potable water monitoring can be segmented based on solutions into hardware and software solutions and services.

The report highlights that one trend in the market is the increasing adoption of smart sensors and defines a smart sensor as a device that collects input from the environment and compares them with the output data to perform predefined functions. It provides advantages such as facilitating reduced interconnecting wires. It also offers increased reliability and helps improve a facility’s performance. These flexible systems need rugged packaging and are easy to use and maintain, features that can be found on the product line Plug & Sense! Smart Water.

For more information about this report visit Research & Markets.

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