One of the most common misconceptions about water management is that it is only a concern for those living in rural or remote areas. The reality is that water management is essential for everyone, regardless of location. The two most common types of water services are Western Water Services and Water Management.

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Western Water Services typically provide potable water to consumers through an infrastructure consisting of pipelines, treatment plants, and distribution systems. These companies typically operate in urban areas and are responsible for providing high-quality water to residents at a reasonable cost.

Water Management, on the other hand, is focused on managing water resources sustainably in order to meet current and future needs while minimizing environmental impact. This type of service typically focuses on mitigating risk and improving efficiency within an organization’s water supply chain. The $40.7 billion industry of water management services is expected to grow at a CAGR of 6.5% over the next five years, according to MarketsandMarkets. 

Growth in both domestic and international markets will fuel this increase. In developing economies, such as India, opportunities exist for organizations with expertise in water resources management. International companies offering water management services include: MWH Water & Environmental Services , and RWE . 

Companies in developed markets should also consider securing decades-long relationships with utilities that are active members of municipal associations or trade associations as these organizations often provide discounted rates for members’ non-discretionary projects, such as new construction or new equipment.