Data Analytics and Artificial Intelligence to Propel Smart Water and Wastewater Leak Detection Solutions Market
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Increasing adoption of new technologies is transforming the industry s business model from product-based solutions to leak management as a service (LMaaS), finds Frost & Sullivan
SANTA CLARA, Calif., Jan. 28, 2021 /PRNewswire/ Frost & Sullivan s recent analysis,
Data Analytics and AI Boost Accuracy to Drive Global Smart Water and Wastewater Leak Detection Solutions Market, finds that the wastewater leak detection market has witnessed a significant rate of innovation and digital transformation. Internet of Things (IoT) sensors, machine learning (ML), artificial intelligence (AI), and cloud- or edge-based data analytics platforms are boosting the market. By 2026, the market is estimated to garner a revenue of $1.99 billion from $1.23 billion in 2020, up at a compound annual growth rate (CAGR) of 8.4%.
Global Green Hydrogen Production Set to Reach 5.7 Million Tons by 2030, Powered by Decarbonization
SANTA CLARA, Calif., Jan. 19, 2021 /PRNewswire/ Frost & Sullivan s recent analysis,
Advances in Green Hydrogen Create Opportunity across the Global Power Sector, forecasts that global green hydrogen production will skyrocket at a compound annual growth rate (CAGR) of 57% between 2019 and 2030, rising from 40,000 tons to 5.7 million tons. Increasing concerns about carbon emissions and the need to decarbonize the industrial, commercial, transport, and power sectors have forced countries to reduce their dependency on fossil fuel-based systems and increase investments across alternate low-carbon technologies, including green hydrogen.
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