Venture Capital
Andrea Alms Video: Money In Motion 9 - The Future Of Water Is Digital Part 2
June 2022 - Venture Capital
TRANSCRIPT:
Hello. My name is Andrea Alms. I am a Healthtech investor and financial manager and this is your money in motion. On the last episode we introduced The Future of Water is digital. Yes. Let's recap the global digital market by technology. This report cites 1.6 billion USD. That's 11.8 compound average growth rate. Other report cites 7billion with 12.1%. Still billion dollar market and double digit growth. On the last episode, we discovered the software segment accounts for the largest revenue share here. This episode, let's check out the major players and competitive landscape. As you can see, the global digital water market is fragmented with large and medium sized market players. Here are some of the major players. In August 2021 Bentley Using Drones to automate 5G Tower Inspection November 2020 introduced info drainage and design tools. Pluto shift is leveraging AI tools in the field. Hm. What's this? Huawei. Isn't that a telecom company? Yes. Blue Field Research latest report cites that a host of telecom companies are trying to capitalize on the growing demand for digital solutions from what are utilities and industrial firms since 2016. Application of digital solutions for water management has increased 53%. Again, they to see a growing market from about 8 billion to 20 billion next ten years. The telecoms strategic pivot towards water is driving competition between, quote, the pure players of Iot network and incumbents, the water meter vendors. It will be interesting to see how big telecom utilities can navigate the fragmented and unique water segment. Thank you. This is your money. Your money in motion.