What is Rainfall and Runoff Software?
In recent times, it has become necessary to determine the quantity of runoff during the rainfall, which helps to estimate the flood risk and make plans to overcome the situation. The effect of global warming has increased the water level in the sea and rivers. The rainfall-runoff software can also be used to measure the water level of these sources, which is expected to boost the rainfall-runoff market. However, the developing cutting-edge technologies and mergers & acquisitions have lifted the market worldwide. Among the model types, the hydrological model is highly preferred for hydrologic investigation as it analyzes the flow of water in streams, rivers, and multiple natural and manmade sources.
The market study is broken down and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Rainfall and Runoff Software market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Esri (United States), Bentley Systems (United States), Autodesk (United States), DroneDeploy (United States), HydroCAD Software Solutions LLC (United States), BMT Group Ltd (United Kingdom), WSP (Canada), Atkins (United Kingdom), KISTERS AG (Germany) and Innovyze (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Rainfall and Runoff Software market by Type, Application and Region.
On the basis of geography, the market of Rainfall and Runoff Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Type, the sub-segment i.e. Cloud will boost the Rainfall and Runoff Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Model Type, the sub-segment i.e. Hydrologic Model will boost the Rainfall and Runoff Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In May 2019, the US-based Software Company Bentley Systems acquired UK-based Keynetix. The acquisition will help Bentley Systems to expand its geotechnical offerings and accelerates Bentley's vision of enabling subsurface digital twins for infrastructure projects and assets. The subsurface digital twins include various models such as hydrology, geology, and many more for the underground environments, utility networks, structures.
In 2018, the Hydrology Group at Irstea introduced airGR models suit to provide an open-source tool for rainfall-runoff models. The tool allows users to run 6 hydrological models one snow accumulation and melt model, one automatic calibration procedure, pre-defined graphical plots, and a set of efficiency criteria, which is dedicated to different time steps.
- The Evolution of Artificial Neural Network Using Real-Coded Genetic Algorithms in Rainfall-Runoff Software.
- Increased Adoption of Rainfall-Runoff Software Due to The Climate Change Effect As It Also Helps in Weather Forecasting and Rainfall.
- Business Strategies Such As Merger & Acquisitions, Technological Developments to Drive Market.
- The Software Helps to Determine The Risk of Flood. Through Which The Government Can Alert and Migrate People If There is A Risk Due to Natural Disaster Such As Flood.
- Lack of Awareness About The Software Among SMEs and Inadequate Skillful Resources is Expected to Restrain.
- Utilization of Traditional Approach to Forecast Rainfall and Runoff and High Initial Cost
Key Target AudienceKey Target Audience, New Entrants/Investors, Analysts and Strategic Business Planners, Rainfall and Runoff software providers, SaaS Vendors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Esri (United States), Bentley Systems (United States), Autodesk (United States), DroneDeploy (United States), HydroCAD Software Solutions LLC (United States), BMT Group Ltd (United Kingdom), WSP (Canada), Atkins (United Kingdom), KISTERS AG (Germany) and Innovyze (United States) etc.
2. Can we have customized study for Rainfall and Runoff Software Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Rainfall and Runoff Software Market by 2026?
Analysts at AMA estimates Rainfall and Runoff Software Market to reach USD Million by 2026.