The Germany smart water management market is estimated to grow at a CAGR of 12.5% during the forecast period. Germany is projected to have considerable growth in the smart water management market due to increasing adoption of the advanced management systems for water management, government initiatives for the adoption of smart solutions. In addition, the country also launched a program to fund small grid pilot projects. As per Third Energy Package, introduced by Europe in 2009, the directive of package requires European member states to equip 80% of its consumers with smart metering systems by 2020.
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