Smart Water Management Market: By Water Meter (AMR and AMI), By End Use (Commercial, Public Sector and Residential), By Solution (Enterprise Asset Management, Analytics and data management, Security, Advanced pressure management, Network Management, Smart Irrigation Management, Customer information system and billing and Other), By Service (Professional and Managed), By Application (Water Pipeline Monitoring & Leak Detection, Water Level Monitoring and Dam Management, Water Consumption & Distribution, Irrigation Management, Waste Water Monitoring and Others) and Geography

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Smart Water Management Market size was valued at USD 14,289.3 million in 2023 and is poised to grow at a CAGR of 11.2% during 2024-2030. Smart Water Management (SWM) involves the integration of advanced technologies and data analytics to optimize the use and distribution of water resources. It includes monitoring, controlling, and regulating water supply systems to ensure efficient use, minimize waste, and maintain water quality. Key components include smart meters, sensors, data analytics, and automated control systems. Growing global water scarcity drives the need for efficient water management solutions thus increasing the market growth. Additionally, governments and regulatory bodies mandate the adoption of sustainable water management practices. In addition, the government of Manitoba declared in November 2022 the introduction of a new water management strategy that would guide future choices, actions, and expenditures to protect the water ecosystems and resources of the province while building communities and the economy in a sustainable manner.

Also, rapid urbanization increases the demand for smart water management solutions to handle growing water needs in cities. The implementation of smart water management systems can be costly, deterring some municipalities and organizations. The need for specialized skills to operate and maintain smart water management systems limits their widespread adoption and restraining the market.

Smart Water Management Market Key Developments:
  • In 2022: The Asian Development Bank (ADB) announced the approval of a USD 20 million financing package to enhance access to drinking water and irrigation services and strengthen climate resilience in Bhutan
  • In 2022: Ecopetrol SA, Accenture, and Amazon Web Services (AWS) announced the launch of a first-of-its-kind water intelligence and management solution to help advance sustainability and operational efficiencies for energy companies.
  • In 2021: Xylem launched a new smart water platform called "Avensor," which provides real-time monitoring and data analytics to help utilities manage water networks more effectively. This platform enables predictive maintenance, leak detection, and optimized water distribution.

Smart Water Management Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

11.2%

Largest Market

Asia-Pacific

Fastest Growing Market

Asia-Pacific

Smart Water Management Market Dynamics

The global water scarcity is a critical issue that necessitates the adoption of efficient water management solutions, significantly driving the growth of the smart water management market. Governments and organizations worldwide are investing in technologies and infrastructure to address this challenge. For instance, Cape Town, South Africa faced a severe water crisis in 2018, prompting the implementation of smart water management solutions such as smart meters and leak detection systems. These technologies helped monitor and reduce water consumption, delaying the city's "Day Zero".

Smart Water Management Market Segmentation

By Water Meter

  • AMR
  • AMI

By Application

  • Water Pipeline Monitoring & Leak Detection
  • Water Level Monitoring and Dam Management
  • Water Consumption & Distribution
  • Irrigation Management
  • Waste Water Monitoring
  • Others

By Solution

  • Enterprise Asset Management
  • Analytics and data management
  • Security
  • Advanced pressure management
  • Network Management
  • Smart Irrigation Management
  • Customer information system and billing
  • Other

By Service

  • Professional
    • Consulting services
    • System integration and deployment services
    • Support and maintenance services
  • Managed

By End User

  • Commercial
  • Public Sector
  • Residential

Frequently Asked Questions

Smart water management involves using advanced technologies like IoT, AI, and data analytics to optimize water distribution, reduce waste, and maintain water quality.

It is essential for addressing water scarcity, reducing wastage, and ensuring sustainable water use, especially in urban areas.

Xylem Inc. launched a new smart water platform called "Avensor" in 2021.

North America is leading the market due to its advanced infrastructure, strong government support, and technological leadership.

Challenges include high initial costs, data privacy concerns, and the need for a skilled workforce to operate and maintain the systems.

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
1.Executive Summary
2.Global Smart Water Management Market Introduction 
2.1.Global Smart Water Management Market  - Taxonomy
2.2.Global Smart Water Management Market  - Definitions
2.2.1.Water Meter
2.2.2.Application
2.2.3.Solution
2.2.4.Service
2.2.5.End-user
2.2.6.Region
3.Global Smart Water Management Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Smart Water Management Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Smart Water Management Market  By Water Meter, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. AMR
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. AMI
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Smart Water Management Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Water Pipeline Monitoring & Leak Detection
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Water Level Monitoring and Dam Management
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Water Consumption & Distribution
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Irrigation Management
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Waste Water Monitoring
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Smart Water Management Market  By Solution, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Enterprise Asset Management
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Analytics and data management
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Security
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Advanced pressure management
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Network Management
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Smart Irrigation Management
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
7.7. Customer information system and billing
7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.7.3. Market Opportunity Analysis 
7.8. Other
7.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.8.3. Market Opportunity Analysis 
8.Global Smart Water Management Market  By Service, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Professional
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Managed
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
9.Global Smart Water Management Market  By End-user, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Commercial
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Public Sector
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Residential
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
10.Global Smart Water Management Market  By Region, 20110 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. North America
10.1.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
10.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
10.1.3. Market Opportunity Analysis 
10.2. Europe
10.2.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
10.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
10.2.3. Market Opportunity Analysis 
10.3. Asia Pacific (APAC)
10.3.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
10.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
10.3.3. Market Opportunity Analysis 
10.4. Middle East and Africa (MEA)
10.4.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
10.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
10.4.3. Market Opportunity Analysis 
10.5. Latin America
10.5.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
10.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
10.5.3. Market Opportunity Analysis 
11.North America Smart Water Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Water Meter Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.AMR
11.1.2.AMI
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Water Pipeline Monitoring & Leak Detection
11.2.2.Water Level Monitoring and Dam Management
11.2.3.Water Consumption & Distribution
11.2.4.Irrigation Management
11.2.5.Waste Water Monitoring
11.2.6.Others
11.3.  Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Enterprise Asset Management
11.3.2.Analytics and data management
11.3.3.Security
11.3.4.Advanced pressure management
11.3.5.Network Management
11.3.6.Smart Irrigation Management
11.3.7.Customer information system and billing
11.3.8.Other
11.4.  Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Professional
11.4.2.Managed
11.5.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Commercial
11.5.2.Public Sector
11.5.3.Residential
11.6.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.6.1.United States of America (USA)
11.6.2.Canada
12.Europe Smart Water Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Water Meter Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.AMR
12.1.2.AMI
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Water Pipeline Monitoring & Leak Detection
12.2.2.Water Level Monitoring and Dam Management
12.2.3.Water Consumption & Distribution
12.2.4.Irrigation Management
12.2.5.Waste Water Monitoring
12.2.6.Others
12.3.  Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Enterprise Asset Management
12.3.2.Analytics and data management
12.3.3.Security
12.3.4.Advanced pressure management
12.3.5.Network Management
12.3.6.Smart Irrigation Management
12.3.7.Customer information system and billing
12.3.8.Other
12.4.  Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Professional
12.4.2.Managed
12.5.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.Commercial
12.5.2.Public Sector
12.5.3.Residential
12.6.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.6.1.Germany
12.6.2.France
12.6.3.Italy
12.6.4.United Kingdom (UK)
12.6.6.Spain
13.Asia Pacific (APAC) Smart Water Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Water Meter Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.AMR
13.1.2.AMI
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Water Pipeline Monitoring & Leak Detection
13.2.2.Water Level Monitoring and Dam Management
13.2.3.Water Consumption & Distribution
13.2.4.Irrigation Management
13.2.5.Waste Water Monitoring
13.2.6.Others
13.3.  Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Enterprise Asset Management
13.3.2.Analytics and data management
13.3.3.Security
13.3.4.Advanced pressure management
13.3.5.Network Management
13.3.6.Smart Irrigation Management
13.3.7.Customer information system and billing
13.3.8.Other
13.4.  Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Professional
13.4.2.Managed
13.5.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.Commercial
13.5.2.Public Sector
13.5.3.Residential
13.6.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.6.1.China
13.6.2.India
13.6.3.Australia and New Zealand (ANZ)
13.6.4.Japan
13.6.6.Rest of APAC
14.Middle East and Africa (MEA) Smart Water Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Water Meter Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.AMR
14.1.2.AMI
14.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Water Pipeline Monitoring & Leak Detection
14.2.2.Water Level Monitoring and Dam Management
14.2.3.Water Consumption & Distribution
14.2.4.Irrigation Management
14.2.5.Waste Water Monitoring
14.2.6.Others
14.3.  Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Enterprise Asset Management
14.3.2.Analytics and data management
14.3.3.Security
14.3.4.Advanced pressure management
14.3.5.Network Management
14.3.6.Smart Irrigation Management
14.3.7.Customer information system and billing
14.3.8.Other
14.4.  Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Professional
14.4.2.Managed
14.5.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Commercial
14.5.2.Public Sector
14.5.3.Residential
14.6.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.6.1.GCC Countries
14.6.2.South Africa
14.6.3.Rest of MEA
15.Latin America Smart Water Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
15.1. Water Meter Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
15.1.1.AMR
15.1.2.AMI
15.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
15.2.1.Water Pipeline Monitoring & Leak Detection
15.2.2.Water Level Monitoring and Dam Management
15.2.3.Water Consumption & Distribution
15.2.4.Irrigation Management
15.2.5.Waste Water Monitoring
15.2.6.Others
15.3.  Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
15.3.1.Enterprise Asset Management
15.3.2.Analytics and data management
15.3.3.Security
15.3.4.Advanced pressure management
15.3.5.Network Management
15.3.6.Smart Irrigation Management
15.3.7.Customer information system and billing
15.3.8.Other
15.4.  Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
15.4.1.Professional
15.4.2.Managed
15.5.  End-user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
15.5.1.Commercial
15.5.2.Public Sector
15.5.3.Residential
15.6.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
15.6.1.Brazil
15.6.2.Mexico
15.6.3.Rest of LA
16. Competition Landscape
16.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
16.2.1.ABB
16.2.2.Elster Group SE
16.2.3.General Electric
16.2.4.Global Water Management
16.2.5.i2O Water Ltd
16.2.6.IBM Corporation, Itron
16.2.7.Neptune Technology Group
16.2.8.Oracle Corporation
16.2.9.Radius Synergies International Pvt Ltd
16.2.10.SAP SE
16.2.11.Schneider Electric
16.2.12.SENSUS USA INC
16.2.13.TaKaDu
16.2.14.Trimble Water
17. Research Methodology 
18. Appendix and Abbreviations 
  • ABB
  • Elster Group SE
  • General Electric
  • Global Water Management
  • i2O Water Ltd
  • IBM Corporation, Itron
  • Neptune Technology Group
  • Oracle Corporation
  • Radius Synergies International Pvt Ltd
  • SAP SE
  • Schneider Electric
  • SENSUS USA INC
  • SenzIoT,
  • Siemens
  • SUEZ,
  • TaKaDu
  • Trimble Water

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