Product Code: FBI113556
Growth Factors of smart water management Market
The global smart water management market is experiencing rapid growth as the world grapples with mounting water scarcity, aging infrastructure, and rising environmental concerns. According to the latest industry assessment, the market was valued at USD 15.84 billion in 2024, driven by large-scale adoption of digital water technologies, IoT-enabled monitoring, and advanced analytics. With utilities and governments accelerating investments in efficient water use and sustainable infrastructure, the market is projected to grow to USD 17.53 billion in 2025, and ultimately reach USD 38.91 billion by 2032, indicating strong long-term demand across regions.
Smart water management solutions integrate technologies such as IoT sensors, AI-driven analytics, GIS systems, automation, advanced metering, and digital twins to enhance water quality, reduce losses, and optimize distribution networks. With 1.1 billion people lacking access to safe water and demand expected to exceed sustainable supply by 40% by 2030, the global focus on water resilience has never been higher. Market leaders including Xylem, Suez, ABB, Siemens AG, IBM, Badger Meter, and Trimble continue to expand their offerings through customized solutions and strategic partnerships.
Market Dynamics
Drivers
Rising Water Scarcity
Water scarcity is intensifying due to population growth, climate change, and urbanization. Smart water technologies are becoming essential to detect leaks, monitor usage, reduce non-revenue water (NRW), and optimize distribution networks. Utilities such as Dubai Electricity and Water Authority (DEWA), which has deployed over 2 million smart meters, are leveraging data-driven platforms to increase water efficiency.
Restraints
High Implementation Costs
Advanced sensors, smart meters, pressure controllers, SCADA systems, and analytics platforms require significant capital investment. Developing economies and smaller municipalities often face budget constraints for large-scale deployment. Additional costs arise from infrastructure upgrades, system integration, and continuous maintenance, slowing adoption in cost-sensitive regions.
Opportunities
Rising Government & Corporate Investment
Across the globe, water infrastructure modernization has become a priority. Programs such as the U.S. Infrastructure Investment and Jobs Act, India's Jal Jeevan Mission, and the EU Green Deal are injecting billions into digital metering, leak detection systems, smart irrigation, and wastewater optimization. As nations work toward climate resilience and sustainable water management, solution providers are benefiting from a surge in public-private investments.
Market Trends
Growing Popularity of Desalination & Renewable-Powered Water Systems
Desalination has gained momentum as a sustainable method to address freshwater shortages, especially in arid regions. Innovations such as solar-powered desalination plants, like the upcoming facility in Neom, Saudi Arabia, are reducing carbon emissions while ensuring clean water supply. Integration of renewable energy with desalination aligns with global climate goals and is driving wider adoption of smart water technologies.
Generative AI Transforming Water Utilities
Generative AI is reshaping water planning and operational optimization. AI models analyze historical consumption, weather forecasts, water quality, and infrastructure data to predict demand patterns, automate aeration processes, and reduce energy consumption. By 2030, U.S. digital water investments are expected to reach USD 10.8 billion annually.
Segmentation Insights
By Solution
The meter data management segment dominated 2024, supported by rapid deployment of smart meters that enable accurate billing and real-time consumption insights. Meanwhile, storm and flood management is expected to grow the fastest due to intensifying climate risks.
By Technology
IoT led the market in 2024 as utilities adopted real-time monitoring systems for leak detection, quality assessment, and network optimization. The AI & ML segment is expected to grow at the highest rate, driven by predictive maintenance and intelligent asset management.
By Application
Agriculture dominated 2024, as farming consumes nearly 70% of global freshwater. Smart irrigation, satellite imaging, and micro-irrigation technologies are expanding significantly. Urban development & smart cities will grow the fastest as global urbanization accelerates toward 70% by 2050.
Regional Outlook
North America
North America led the market with USD 5.56 billion in 2024, driven by aging infrastructure, strong regulatory frameworks, and significant federal funding. The U.S. continues modernizing its systems through initiatives like the USD 50 billion Bipartisan Infrastructure Law.
Asia Pacific
Asia Pacific is projected to register the highest growth, supported by government-led digital water initiatives in India, China, Japan, and Australia. Rapid urbanization and water stress are accelerating adoption of smart water technologies.
Europe
Europe shows strong momentum due to climate adaptation needs, flood resilience programs, and sustainability mandates.
Middle East & Africa
The region is adopting desalination, IoT monitoring, and smart irrigation to address extreme water scarcity.
South America
Countries such as Brazil and Argentina face high NRW levels, driving increasing investment in leakage detection and pipeline monitoring.
Conclusion
As global water stress intensifies, smart water management technologies are becoming indispensable. With the market rising from USD 15.84 billion in 2024 to an expected USD 38.91 billion by 2032, digital transformation, AI-enabled monitoring, and predictive analytics will continue to shape the future of sustainable water systems.
Segmentation By Solution
- Meter Data Management
- Advance Pressure Management
- Water Quality Monitoring
- Storm and Flood Management
- *Irrigation Management
- Others (Network & Optimization, Hydraulic Modeling & Simulation, etc.)
By Technology
- AI & ML
- IoT
- GIS
- Others (Blockchain, etc.)
By Application
- Agriculture
- Industrial/Manufacturing
- Urban Development and Smart Cities
- Power Generation Plant
- Residential Communities
- Tourism and Hospitality Facilities
By Region
- North America (By Solution, By Technology, By Application, and By Country)
- South America (By Solution, By Technology, By Application, and By Country)
- Brazil
- Argentina
- Rest of South America
- Europe (By Solution, By Technology, By Application, and By Country)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Middle East & Africa (By Solution, By Technology, By Application, and By Country)
- Turkey
- Israel
- GCC
- South Africa
- North Africa
- Rest of Middle East & Africa
- Asia Pacific (By Solution, By Technology, By Application, and By Country)
- China
- Japan
- India
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
Companies Profiled in the Report * ABB (Switzerland)
- Itron (U.S.)
- IBM Corporation (U.S.)
- Schneider Electric (France)
- Siemens (Germany)
- SUEZ (France)
- Veolia (France)
- Honeywell International (U.S.)
- Badger Meter (U.S.)
- Xylem (U.S.)
Table of Content
1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
2. Executive Summary
3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of Generative AI
- 3.4. Impact of Reciprocal Tariff
4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Smart Water Management Key Players (Top 3 - 5) Market Share/Ranking, 2024
5. Global Smart Water Management Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Solution (USD)
- 5.2.1. Meter Data Management
- 5.2.2. Advance Pressure Management
- 5.2.3. Water Quality Monitoring
- 5.2.4. Storm and Flood Management
- 5.2.5. Irrigation Management
- 5.2.6. Others (Network & Optimization, Hydraol ic Modeling & Simol ation, etc.)
- 5.3. By Technology (USD)
- 5.3.1. AI & ML
- 5.3.2. IoT
- 5.3.3. GIS
- 5.3.4. Others (Blockchain, etc.)
- 5.4. By Application (USD)
- 5.4.1. Agricol ture
- 5.4.2. Industrial/Manufactuirng Plant
- 5.4.3. Urban Development and Smart Cities
- 5.4.4. Power Generation Plant
- 5.4.5. Residential Communities
- 5.4.6. Tourism and Hospitality Facilities
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Middle East & Africa
- 5.5.5. South America
6. North America Smart Water Management Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Solution (USD)
- 6.2.1. Meter Data Management
- 6.2.2. Advance Pressure Management
- 6.2.3. Water Quality Monitoring
- 6.2.4. Storm and Flood Management
- 6.2.5. Irrigation Management
- 6.2.6. Others (Network & Optimization, Hydraol ic Modeling & Simol ation, etc.)
- 6.3. By Technology (USD)
- 6.3.1. AI & ML
- 6.3.2. IoT
- 6.3.3. GIS
- 6.3.4. Others (Blockchain, etc.)
- 6.4. By Application (USD)
- 6.4.1. Agricol ture
- 6.4.2. Industrial/Manufactuirng Plant
- 6.4.3. Urban Development and Smart Cities
- 6.4.4. Power Generation Plant
- 6.4.5. Residential Communities
- 6.4.6. Tourism and Hospitality Facilities
- 6.5. By Country (USD)
- 6.5.1. United States
- 6.5.2. Canada
- 6.5.3. Mexico
7. South America Smart Water Management Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Solution (USD)
- 7.2.1. Meter Data Management
- 7.2.2. Advance Pressure Management
- 7.2.3. Water Quality Monitoring
- 7.2.4. Storm and Flood Management
- 7.2.5. Irrigation Management
- 7.2.6. Others (Network & Optimization, Hydraol ic Modeling & Simol ation, etc.)
- 7.3. By Technology (USD)
- 7.3.1. AI & ML
- 7.3.2. IoT
- 7.3.3. GIS
- 7.3.4. Others (Blockchain, etc.)
- 7.4. By Application (USD)
- 7.4.1. Agricol ture
- 7.4.2. Industrial/Manufactuirng Plant
- 7.4.3. Urban Development and Smart Cities
- 7.4.4. Power Generation Plant
- 7.4.5. Residential Communities
- 7.4.6. Tourism and Hospitality Facilities
- 7.5. By Country (USD)
- 7.5.1. Brazil
- 7.5.2. Argentina
- 7.5.3. Rest of South America
8. Europe Smart Water Management Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Solution (USD)
- 8.2.1. Meter Data Management
- 8.2.2. Advance Pressure Management
- 8.2.3. Water Quality Monitoring
- 8.2.4. Storm and Flood Management
- 8.2.5. Irrigation Management
- 8.2.6. Others (Network & Optimization, Hydraol ic Modeling & Simol ation, etc.)
- 8.3. By Technology (USD)
- 8.3.1. AI & ML
- 8.3.2. IoT
- 8.3.3. GIS
- 8.3.4. Others (Blockchain, etc.)
- 8.4. By Application (USD)
- 8.4.1. Agricol ture
- 8.4.2. Industrial/Manufactuirng Plant
- 8.4.3. Urban Development and Smart Cities
- 8.4.4. Power Generation Plant
- 8.4.5. Residential Communities
- 8.4.6. Tourism and Hospitality Facilities
- 8.5. By Country (USD)
- 8.5.1. United Kingdom
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Benelux
- 8.5.8. Nordics
- 8.5.9. Rest of Europe
9. Middle East & Africa Smart Water Management Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Solution (USD)
- 9.2.1. Meter Data Management
- 9.2.2. Advance Pressure Management
- 9.2.3. Water Quality Monitoring
- 9.2.4. Storm and Flood Management
- 9.2.5. Irrigation Management
- 9.2.6. Others (Network & Optimization, Hydraol ic Modeling & Simol ation, etc.)
- 9.3. By Technology (USD)
- 9.3.1. AI & ML
- 9.3.2. IoT
- 9.3.3. GIS
- 9.3.4. Others (Blockchain, etc.)
- 9.4. By Application (USD)
- 9.4.1. Agricol ture
- 9.4.2. Industrial/Manufactuirng Plant
- 9.4.3. Urban Development and Smart Cities
- 9.4.4. Power Generation Plant
- 9.4.5. Residential Communities
- 9.4.6. Tourism and Hospitality Facilities
- 9.5. By Country (USD)
- 9.5.1. Turkey
- 9.5.2. Israel
- 9.5.3. GCC
- 9.5.4. North Africa
- 9.5.5. South Africa
- 9.5.6. Rest of MEA
10. Asia Pacific Smart Water Management Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Solution (USD)
- 10.2.1. Meter Data Management
- 10.2.2. Advance Pressure Management
- 10.2.3. Water Quality Monitoring
- 10.2.4. Storm and Flood Management
- 10.2.5. Irrigation Management
- 10.2.6. Others (Network & Optimization, Hydraol ic Modeling & Simol ation, etc.)
- 10.3. By Technology (USD)
- 10.3.1. AI & ML
- 10.3.2. IoT
- 10.3.3. GIS
- 10.3.4. Others (Blockchain, etc.)
- 10.4. By Application (USD)
- 10.4.1. Agricol ture
- 10.4.2. Industrial/Manufactuirng Plant
- 10.4.3. Urban Development and Smart Cities
- 10.4.4. Power Generation Plant
- 10.4.5. Residential Communities
- 10.4.6. Tourism and Hospitality Facilities
- 10.5. By Country (USD)
- 10.5.1. China
- 10.5.2. India
- 10.5.3. Japan
- 10.5.4. South Korea
- 10.5.5. ASEAN
- 10.5.6. Oceania
- 10.5.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Clear-Com, LLC
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Panasonic Corporation
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. Motorola Solutions, Inc.
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Commend International GmbH
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Zenitel NV
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Alcatel-Lucent
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Riedel Communications GmbH & Co.KG
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Samsung Corporation
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. RTS Intercom Systems
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Aiphone Co Ltd.
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
12. Key Takeaways