PUBLISHER: The Business Research Company | PRODUCT CODE: 1931801
PUBLISHER: The Business Research Company | PRODUCT CODE: 1931801
Smart water management involves the integration of systems and methods aimed at monitoring, controlling, and regulating the utilization and quality of water resources, along with the maintenance of interconnected equipment.
The primary offerings in smart water management are categorized into water meters, solutions, and services. Smart water management solutions encompass enterprise asset management, network monitoring, advanced pressure management, supervisory control and data acquisition (SCADA), advanced analytics, and other related technologies. The various products associated with smart water management include advanced water meters, meter reading technology, cellular networks, and they find applications in diverse sectors such as residential, commercial, and industrial settings.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have affected the smart water management market by increasing the cost of imported sensors, communication modules, and advanced metering components, leading to higher system deployment expenses. The impact is most visible across advanced water meters and connectivity solutions, particularly in regions dependent on electronics manufacturing such as Asia Pacific and parts of Europe. These cost pressures have slowed some large scale utility rollouts while encouraging phased implementation strategies. At the same time, tariffs are driving localization of manufacturing and fostering regional supply chains, which is supporting domestic technology providers and long term market resilience.
The smart water management market research report is one of a series of new reports from The Business Research Company that provides smart water management statistics, including smart water management industry, global smart water management market size, regional shares, competitors with smart water management market share, detailed smart water management market segments, market trends and opportunities, and any further data you may need to thrive in the smart water management industry. This smart water management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The smart water management market size has grown rapidly in recent years. It will grow from $19.9 billion in 2025 to $23.01 billion in 2026 at a compound annual growth rate (CAGR) of 15.6%. The growth in the historic period can be attributed to urban population growth, aging water infrastructure, rising non revenue water losses, increasing regulatory oversight, growing public sector investments.
The smart water management market size is expected to see rapid growth in the next few years. It will grow to $40.67 billion in 2030 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to water scarcity concerns, climate variability impacts, smart city development initiatives, demand for real time monitoring, increasing adoption of digital utilities. Major trends in the forecast period include deployment of smart water metering systems, expansion of leak detection and loss reduction programs, adoption of data driven water usage analytics, integration of remote monitoring and control platforms, rising focus on water quality and compliance monitoring.
The growing concerns over water scarcity are expected to support the expansion of the smart water management market. Water scarcity refers to a situation in which the available supply of fresh, clean water is insufficient to meet the needs of a region's population or ecosystem. As awareness of water scarcity increases, governments, municipalities, industries, and individuals are placing greater emphasis on water conservation. This heightened focus is driving the adoption of smart water management solutions that enable more efficient and sustainable use of water resources. For example, in March 2023, a report by the United Nations Educational, Scientific and Cultural Organization (UNESCO), a France-based specialized agency, noted that approximately 2 billion people worldwide-26% of the global population-lack access to safe drinking water, while 3.6 billion people, or 46%, do not have access to safely managed sanitation. The report also projected that by 2050, the number of urban residents facing water scarcity will double to between 1.7 and 2.4 billion people. Therefore, increasing concerns about water scarcity are driving demand for smart water management solutions.
Major companies in the smart water management market are focusing on innovative technologies such as hybrid cloud and artificial intelligence, along with collaborative ecosystems of experts, to scale projects that support populations vulnerable to environmental risks. Hybrid cloud combines on-premises infrastructure with public and private cloud services to improve flexibility and scalability, while artificial intelligence enables machines to learn, analyze data, and make informed decisions. For instance, in March 2023, International Business Machines Corporation (IBM), a US-based technology company, issued a Request for Proposals (RFP) aimed at accelerating global water management solutions for vulnerable communities. The initiative emphasizes smart technologies such as IoT and AI for monitoring and optimizing water resources, enhancing resilience in areas affected by climate change and other challenges.
In January 2024, ABB Ltd., a Switzerland-based global engineering company specializing in automation and electrification technologies, acquired Realtech for an undisclosed amount. Through this acquisition, ABB aims to strengthen its smart water management offerings by incorporating advanced optical sensor technology and AI-powered data analytics, enabling improved real-time water quality monitoring and supporting global sustainability efforts.
Major companies operating in the smart water management market are Honeywell International Inc., Siemens Aktiengesellschaft, ABB Ltd., International Business Machines Corporation, Itron Inc., Schneider Electric SE, SUEZ Group SA, Sensus USA Inc., HydroPoint Data Systems Inc., TaKaDu Ltd., AquamatiX Limited, Xylem Inc., Badger Meter Inc., Aclara Technologies LLC, IDEX Corporation, Mueller Water Products Inc., Kamstrup A/S, Elster Group SE, Landis+Gyr Group AG, Echologics Engineering Inc., Neptune Technology Group Inc., Innovyze Inc., Aquatic Informatics Inc., Syrinix Ltd., Zenner International GmbH & Co. KG, WaterSmart Software Inc., Utilis Corp.
North America was the largest region in the smart water management market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart water management market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the smart water management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The smart water management market includes revenues earned by providing smart water management systems, pressure management, better leakage techniques for water networks, smart network operations and water cycle maintenance, smart water meter technologies, and smart water quality monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Smart Water Management Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses smart water management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for smart water management ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The smart water management market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.