PUBLISHER: BCC Research | PRODUCT CODE: 1774366
PUBLISHER: BCC Research | PRODUCT CODE: 1774366
The global market for smart water management is expected to grow from $23.7 billion in 2025 and is projected to reach $43.7 billion by the end of 2030, at a compound annual growth rate (CAGR) of 13% during the forecast period of 2025 to 2030.
The North American market for smart water management is expected to grow from $10.5 billion in 2025 and is projected to reach $19.9 billion by the end of 2030, at a CAGR of 13.6% during the forecast period of 2025 to 2030.
The European market for smart water management is expected to grow from $5.9 billion in 2025 and is projected to reach $10.3 billion by the end of 2030, at a CAGR of 11.8% during the forecast period of 2025 to 2030.
This report provides a detailed global market analysis of smart water management (SWM), reflecting the latest data, trends, and market projections. SWM involves the integration of digital technologies, data analytics, and automation to optimize the use, distribution, and quality of water resources. It aims to improve efficiency, to reduce water waste, to increase transparency, to enhance sustainability, and to support real-time decision-making in water systems.
The report focuses on the hardware, software and services aspects of SWM. The base year for the market study is 2024, with estimates and forecasts for 2025 through 2030. Market estimates are valued in U.S. dollars (millions). Forecast growth rates are based on expected industry capacity additions, feedback from key industry players, revenue reported by major companies, and anticipated regulatory updates. Data from major smart water associations such as the International Water Resources Association, Irrigation Association, International Water Management Institute, and American Water Works Association were used to anticipate market dynamics and to further measure the market size.
For this analysis, the global market for SWM is segmented by: