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Revenue Cycle Management Market Size Worth $613.45 Billion By 2028 | CAGR: 11.6%

Mobile traffic currently makes up 10% of global Internet traffic, as shown in the chart, and next year more people will use mobile phones than PCs to get online, according to Gartner. Purchases made on mobile devices amounted to $6.7 billion in the U.S. last year, or about 8% of total online sales, and are expected to nearly double to $11.6 billion this year. By 2015, U.S. mobile sales are forecast to reach $31 billion.

India Inc has raised $1.69 billion from foreign markets in the month of March this year, an increase of 11.6% compared to a year ago

European Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC, Entertainment & Other Control, Smart Speaker, Home Healthcare, Smart Kitchen, Home Appliances, and Smart Furniture), Software & Services - Forecast to 2024 SPEAK WITH EXPERTS : https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1290 The European smart home market is expected to grow from USD 22.8 billion in 2018 to USD 44.0 billion by 2024 at a CAGR of 11.6%. The growth of the market is driven by factors such as growing number of internet users and increasing adoption of smart devices in Europe; increasing awareness about fitness; increasing importance of home monitoring in remote locations; rising need for energy-saving and low carbon emission-oriented solutions; cost reduction measures enabled by smart homes; rapid proliferation of smartphones and smart gadgets; large number of manufacturers expanding their European smart home market product portfolios; and growing concern about safety, security, and convenience among people.

The global Smart Water Metering market is expected to grow at a CAGR of 11.6% during the forecast period, from an estimated USD 3.7 billion in 2022 to USD 6.4 billion in 2027. Globally, water utilities are considering technological innovations in water metering infrastructure to improve their operational efficiency. According to a UN report, 66% of the world's population will be living in urban areas by 2050. This creates a scenario of a large population with no or poor access to water infrastructure. Countries are facing the constant issue of water loss and wastage. governments are facing challenges in terms of developing sustainable infrastructure. Increasing breaches in access to water supply and sanitation, more water-intensive patterns of growth, growing populations, and water pollution are leading to increasing investments in the smart water metering infrastructure.

Smart Water Metering Market is projected to grow from USD 3.7 billion in 2022 to USD 6.4 billion by 2027, at a CAGR of 11.6% according to a new report by MarketsandMarkets™. The rising urban population is creating opportunities for the development of smart cities, which ultimately is driving the demand for smart water metering infrastructure development on a larger scale.

According to MarketsandMarkets, the Smart Water Metering Market is estimated to reach USD 6.4 billion by 2027, with a CAGR of 11.6% from 2022 to 2027. The market is segmented by region into North America, Europe, the Asia Pacific, the Middle East & Africa, and South America. The market is also segmented by technology into smart water meters and mechanical water meters, with the smart water meters segment holding the largest share. Additionally, smart water metering solutions find major applications in the water utilities segment, which is expected to drive the demand for smart water meters in the coming years.