Global Smart Water Management Market
Description
Smart Water Management Market Size was valued at USD 17564.3 Billion in 2023 and is poised to grow from USD 21492.4 Billion in 2024 to USD 67630.79 Billion by 2032, growing at a CAGR of 15.40% during the forecast period (2025-2032).
Smart Water Management (SWM) is an innovative approach to monitoring and optimizing urban water use and quality. By leveraging advanced technologies such as sensors, water meters, and analytical tools, SWM systems are being implemented globally to minimize water wastage and enhance energy efficiency. These smart solutions not only foster consumer engagement in water conservation efforts but also reduce costs related to leak detection and water pumping operations. Moreover, SWM technology aids organizations in identifying network issues, promoting water conservation, and curbing non-revenue water losses stemming from aging infrastructure. By utilizing Information and Communication Technology (ICT) and real-time data, SWM addresses various challenges in water management, from droughts and leaks to irrigation efficiency and water quality monitoring.
Top-down and bottom-up approaches were used to estimate and validate the size of the Smart Water Management market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the Market Size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Smart Water Management Market Segments Analysis
The global smart water management market is segmented by offering, technology, end user and region. Based on offering, the market is segmented into water meters, solutions, services. Based on technology, the market is segmented into IoT,artificial intelligence, big data & analytics, cloud computing, other technologies. Based on end user, the market is segmented into residential, commercial, industrial. Based on region, the smart water management market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Smart Water Management Market
The increasing imperative to upgrade aging water infrastructure is a key factor propelling the growth of the global smart water management market. This domain covers a variety of essential processes, including flood control, automated treatment, distribution, storage, and resource management. The rising demand for clean water has rendered many antiquated systems ineffective, necessitating their decommissioning. Consequently, ongoing maintenance, repairs, and enhancements are essential for optimizing water supply processes. In response to these challenges, water utilities are embracing smart technologies that not only minimize maintenance expenses but also enhance the quality of water management services for consumers.
Restraints in the Smart Water Management Market
A significant challenge facing the Smart Water Management market is the shortage of digitally skilled personnel within the water utilities sector. This gap in expertise creates obstacles to effectively adopting and implementing advanced technologies. Additionally, the limited awareness among millennials regarding career opportunities in water utilities further compounds this issue, hindering the growth potential of the market. Consequently, these factors not only impede the industry's ability to innovate but also restrict overall market development, as the need for a technologically adept workforce becomes increasingly critical in this evolving landscape. Addressing these workforce-related constraints is essential for driving progress in smart water management solutions.
Market Trends of the Smart Water Management Market
The Smart Water Management market is witnessing a significant trend driven by the urgent global water scarcity crisis, prompting water utilities to adopt advanced technologies. Leveraging 5G and IoT, utilities are establishing comprehensive, multi-partner systems to enhance the monitoring, control, and monetization of water distribution networks. These innovative solutions facilitate proactive water management, resulting in reduced water loss, improved potable water supply, and increased transparency in distribution and billing processes. As utilities seek to maximize operational efficiency and sustainability, the integration of smart technologies is transforming water management practices, reinforcing the significance of intelligent infrastructure in addressing pressing water challenges globally.
Smart Water Management (SWM) is an innovative approach to monitoring and optimizing urban water use and quality. By leveraging advanced technologies such as sensors, water meters, and analytical tools, SWM systems are being implemented globally to minimize water wastage and enhance energy efficiency. These smart solutions not only foster consumer engagement in water conservation efforts but also reduce costs related to leak detection and water pumping operations. Moreover, SWM technology aids organizations in identifying network issues, promoting water conservation, and curbing non-revenue water losses stemming from aging infrastructure. By utilizing Information and Communication Technology (ICT) and real-time data, SWM addresses various challenges in water management, from droughts and leaks to irrigation efficiency and water quality monitoring.
Top-down and bottom-up approaches were used to estimate and validate the size of the Smart Water Management market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the Market Size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Smart Water Management Market Segments Analysis
The global smart water management market is segmented by offering, technology, end user and region. Based on offering, the market is segmented into water meters, solutions, services. Based on technology, the market is segmented into IoT,artificial intelligence, big data & analytics, cloud computing, other technologies. Based on end user, the market is segmented into residential, commercial, industrial. Based on region, the smart water management market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Smart Water Management Market
The increasing imperative to upgrade aging water infrastructure is a key factor propelling the growth of the global smart water management market. This domain covers a variety of essential processes, including flood control, automated treatment, distribution, storage, and resource management. The rising demand for clean water has rendered many antiquated systems ineffective, necessitating their decommissioning. Consequently, ongoing maintenance, repairs, and enhancements are essential for optimizing water supply processes. In response to these challenges, water utilities are embracing smart technologies that not only minimize maintenance expenses but also enhance the quality of water management services for consumers.
Restraints in the Smart Water Management Market
A significant challenge facing the Smart Water Management market is the shortage of digitally skilled personnel within the water utilities sector. This gap in expertise creates obstacles to effectively adopting and implementing advanced technologies. Additionally, the limited awareness among millennials regarding career opportunities in water utilities further compounds this issue, hindering the growth potential of the market. Consequently, these factors not only impede the industry's ability to innovate but also restrict overall market development, as the need for a technologically adept workforce becomes increasingly critical in this evolving landscape. Addressing these workforce-related constraints is essential for driving progress in smart water management solutions.
Market Trends of the Smart Water Management Market
The Smart Water Management market is witnessing a significant trend driven by the urgent global water scarcity crisis, prompting water utilities to adopt advanced technologies. Leveraging 5G and IoT, utilities are establishing comprehensive, multi-partner systems to enhance the monitoring, control, and monetization of water distribution networks. These innovative solutions facilitate proactive water management, resulting in reduced water loss, improved potable water supply, and increased transparency in distribution and billing processes. As utilities seek to maximize operational efficiency and sustainability, the integration of smart technologies is transforming water management practices, reinforcing the significance of intelligent infrastructure in addressing pressing water challenges globally.
Table of Contents
242 Pages
- 1. Introduction
- 1.1. Objectives of the Study
- 1.2. Scope of the Report
- 1.3. Definitions
- 2. Research Methodology
- 2.1. Information Procurement
- 2.2. Secondary & Primary Data Methods
- 2.3. Market Size Estimation
- 2.4. Market Assumptions & Limitations
- 3. Executive Summary
- 3.1. Global Market Outlook
- 3.2. Supply & Demand Trend Analysis
- 3.3. Segmental Opportunity Analysis
- 4. Market Dynamics & Outlook
- 4.1. Market Overview
- 4.2. Market Size
- 4.3. Market Dynamics
- 4.3.1. Driver & Opportunities
- 4.3.2. Restraints & Challenges
- 4.4. Porters Analysis & Impact
- 4.4.1. Competitive rivalry
- 4.4.2. Threat of substitute
- 4.4.3. Bargaining power of buyers
- 4.4.4. Threat of new entrants
- 4.4.5. Bargaining power of suppliers
- 5. Key Market Insights
- 5.1. Key Success Factors
- 5.2. Degree of Competition
- 5.3. Top Investment Pockets
- 5.4. Market Ecosystem
- 5.5. PESTEL Analysis
- 5.6. Macro-Economic Indicators
- 5.7. Market Attractiveness Index
- 5.8. Value Chain Analysis
- 5.9. Patent Analysis
- 5.10. Case Study Analysis
- 5.11. Pricing Analysis
- 5.12. Technology Analysis
- 5.13. Regulatory Analysis
- 6. Global Smart Water Management Market Size by Offering & CAGR (2025-2032)
- 6.1. Market Overview
- 6.2. Water Meters
- 6.2.1. Amr Meters
- 6.2.2. Ami Meters
- 6.3. Solutions
- 6.3.1. Enterprise Asset Management
- 6.3.2. Analytics & Data Management
- 6.3.3. Security
- 6.3.4. Smart Irrigation Management
- 6.3.5. Advanced Pressure Management
- 6.3.6. Mobile Workforce Management
- 6.3.7. Network Management
- 6.3.8. Customer Information System & Billing
- 6.3.9. Leak Detection
- 6.3.10. Other Solutions
- 6.4. Services
- 6.4.1. Professional Services
- 6.4.2. Managed Services
- 7. Global Smart Water Management Market Size by Technology & CAGR (2025-2032)
- 7.1. Market Overview
- 7.2. IoT
- 7.3. Artificial Intelligence
- 7.4. Big Data & Analytics
- 7.5. Cloud Computing
- 7.6. Other Technologies
- 8. Global Smart Water Management Market Size by End User & CAGR (2025-2032)
- 8.1. Market Overview
- 8.2. Residential
- 8.3. Commercial
- 8.4. Industrial
- 8.4.1. Manufacturing
- 8.4.2. Energy & Utilities
- 8.4.3. Agriculture
- 8.4.4. Mining
- 8.4.5. Others
- 9. Global Smart Water Management Market Size & CAGR (2025-2032)
- 9.1. North America, (Offering, Technology, End User)
- 9.1.1. US
- 9.1.2. Canada
- 9.2. Europe, (Offering, Technology, End User)
- 9.2.1. UK
- 9.2.2. Germany
- 9.2.3. Spain
- 9.2.4. France
- 9.2.5. Italy
- 9.2.6. Rest of Europe
- 9.3. Asia-Pacific, (Offering, Technology, End User)
- 9.3.1. China
- 9.3.2. India
- 9.3.3. Japan
- 9.3.4. South Korea
- 9.3.5. Rest of Asia Pacific
- 9.4. Latin America, (Offering, Technology, End User)
- 9.4.1. Brazil
- 9.4.2. Rest of Latin America
- 9.5. Middle East & Africa, (Offering, Technology, End User)
- 9.5.1. GCC Countries
- 9.5.2. South Africa
- 9.5.3. Rest of Middle East & Africa
- 10. Competitive Intelligence
- 10.1. Top 5 Player Comparison
- 10.2. Market Positioning of Key Players, 2024
- 10.3. Strategies Adopted by Key Market Players
- 10.4. Recent Developments in the Market
- 10.5. Company Market Share Analysis, 2024
- 10.6. Company Profiles of All Key Players
- 10.6.1. Company Details
- 10.6.2. Product Portfolio Analysis
- 10.6.3. Company’s Segmental Share Analysis
- 10.6.4. Revenue Y-O-Y Comparison (2021-2023)
- 11. Key Company Profiles
- 11.1. Siemens (Germany)
- 11.1.1. Company Overview
- 11.1.2. Business Segment Overview
- 11.1.3. Financial Updates
- 11.1.4. Key Developments
- 11.2. IBM (US)
- 11.2.1. Company Overview
- 11.2.2. Business Segment Overview
- 11.2.3. Financial Updates
- 11.2.4. Key Developments
- 11.3. ABB (Switzerland)
- 11.3.1. Company Overview
- 11.3.2. Business Segment Overview
- 11.3.3. Financial Updates
- 11.3.4. Key Developments
- 11.4. Honeywell Elster (US)
- 11.4.1. Company Overview
- 11.4.2. Business Segment Overview
- 11.4.3. Financial Updates
- 11.4.4. Key Developments
- 11.5. Schneider Electric (France)
- 11.5.1. Company Overview
- 11.5.2. Business Segment Overview
- 11.5.3. Financial Updates
- 11.5.4. Key Developments
- 11.6. Itron (US)
- 11.6.1. Company Overview
- 11.6.2. Business Segment Overview
- 11.6.3. Financial Updates
- 11.6.4. Key Developments
- 11.7. SUEZ (France)
- 11.7.1. Company Overview
- 11.7.2. Business Segment Overview
- 11.7.3. Financial Updates
- 11.7.4. Key Developments
- 11.8. Oracle (US)
- 11.8.1. Company Overview
- 11.8.2. Business Segment Overview
- 11.8.3. Financial Updates
- 11.8.4. Key Developments
- 11.9. Landis+Gyr (Switzerland)
- 11.9.1. Company Overview
- 11.9.2. Business Segment Overview
- 11.9.3. Financial Updates
- 11.9.4. Key Developments
- 11.10. Trimble Water (US)
- 11.10.1. Company Overview
- 11.10.2. Business Segment Overview
- 11.10.3. Financial Updates
- 11.10.4. Key Developments
- 11.11. Xylem (US)
- 11.11.1. Company Overview
- 11.11.2. Business Segment Overview
- 11.11.3. Financial Updates
- 11.11.4. Key Developments
- 11.12. Kamstrup (Denmark)
- 11.12.1. Company Overview
- 11.12.2. Business Segment Overview
- 11.12.3. Financial Updates
- 11.12.4. Key Developments
- 11.13. HydroPoint (US)
- 11.13.1. Company Overview
- 11.13.2. Business Segment Overview
- 11.13.3. Financial Updates
- 11.13.4. Key Developments
- 11.14. i20 (UK)
- 11.14.1. Company Overview
- 11.14.2. Business Segment Overview
- 11.14.3. Financial Updates
- 11.14.4. Key Developments
- 11.15. Xenius (India)
- 11.15.1. Company Overview
- 11.15.2. Business Segment Overview
- 11.15.3. Financial Updates
- 11.15.4. Key Developments
- 11.16. Neptune Technology (US)
- 11.16.1. Company Overview
- 11.16.2. Business Segment Overview
- 11.16.3. Financial Updates
- 11.16.4. Key Developments
- 11.17. TaKaDu (Israel)
- 11.17.1. Company Overview
- 11.17.2. Business Segment Overview
- 11.17.3. Financial Updates
- 11.17.4. Key Developments
- 11.18. Badger Meter (US)
- 11.18.1. Company Overview
- 11.18.2. Business Segment Overview
- 11.18.3. Financial Updates
- 11.18.4. Key Developments
- 11.19. AquamatiX (UK)
- 11.19.1. Company Overview
- 11.19.2. Business Segment Overview
- 11.19.3. Financial Updates
- 11.19.4. Key Developments
- 11.20. Lishtot (Israel)
- 11.20.1. Company Overview
- 11.20.2. Business Segment Overview
- 11.20.3. Financial Updates
- 11.20.4. Key Developments
- 12. Conclusion & Recommendation
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