The Latin America, Middle East and Africa Smart Water Meters Market is expected to witness market growth of 11.3% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA Smart Water Meters Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $801.7 million by 2032. The Argentina market is registering a CAGR of 11.6% during 2025-2032. Additionally, the UAE market is expected to showcase a CAGR of 9.1% during 2025-2032.
Beyond regulatory mandates, the adoption of smart water meters is also propelled by the clear business case they offer for utilities and end-users alike. Utilities benefit from reduced operational costs associated with manual reading, lower rates of customer complaints, and improved cash flows through timely, accurate billing. The ability to quickly identify and resolve leaks or unauthorized connections minimizes water losses - often termed “non-revenue water” - which can constitute a significant portion of total water supplied in some regions. For consumers, smart meters introduce a new level of engagement with water use, empowering behavioral changes that support conservation and cost savings.
Additionally, many smart water meters are now paired with interactive portals and mobile applications that allow users to set consumption alerts, track trends, and receive personalized recommendations for reducing usage. In the commercial sector, water-intensive industries such as food processing, textiles, and pharmaceuticals use smart metering to monitor compliance with regulatory limits, optimize processes, and bolster their environmental, social, and governance (ESG) credentials.
Nigeria’s smart water meters market is nascent but growing, driven by urban water demand and infrastructure challenges. With rapid urbanization and significant non-revenue water losses, smart water meters are emerging as a solution to improve efficiency in cities like Lagos. These devices, though limited in adoption, support Nigeria’s efforts to modernize water management and address water scarcity in a region with economic constraints.
Saudi Arabia’s smart water meters market is expanding rapidly, driven by severe water scarcity and Vision 2030’s focus on sustainable infrastructure. As one of the most water-stressed countries, Saudi Arabia relies on smart water meters to optimize distribution and reduce non-revenue water, particularly in cities like Riyadh. These devices, integrated with IoT, support the kingdom’s smart city projects, ensuring efficient water management in a region heavily dependent on desalination.
The Brazil market dominated the LAMEA Smart Water Meters Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $801.7 million by 2032. The Argentina market is registering a CAGR of 11.6% during 2025-2032. Additionally, the UAE market is expected to showcase a CAGR of 9.1% during 2025-2032.
Beyond regulatory mandates, the adoption of smart water meters is also propelled by the clear business case they offer for utilities and end-users alike. Utilities benefit from reduced operational costs associated with manual reading, lower rates of customer complaints, and improved cash flows through timely, accurate billing. The ability to quickly identify and resolve leaks or unauthorized connections minimizes water losses - often termed “non-revenue water” - which can constitute a significant portion of total water supplied in some regions. For consumers, smart meters introduce a new level of engagement with water use, empowering behavioral changes that support conservation and cost savings.
Additionally, many smart water meters are now paired with interactive portals and mobile applications that allow users to set consumption alerts, track trends, and receive personalized recommendations for reducing usage. In the commercial sector, water-intensive industries such as food processing, textiles, and pharmaceuticals use smart metering to monitor compliance with regulatory limits, optimize processes, and bolster their environmental, social, and governance (ESG) credentials.
Nigeria’s smart water meters market is nascent but growing, driven by urban water demand and infrastructure challenges. With rapid urbanization and significant non-revenue water losses, smart water meters are emerging as a solution to improve efficiency in cities like Lagos. These devices, though limited in adoption, support Nigeria’s efforts to modernize water management and address water scarcity in a region with economic constraints.
Saudi Arabia’s smart water meters market is expanding rapidly, driven by severe water scarcity and Vision 2030’s focus on sustainable infrastructure. As one of the most water-stressed countries, Saudi Arabia relies on smart water meters to optimize distribution and reduce non-revenue water, particularly in cities like Riyadh. These devices, integrated with IoT, support the kingdom’s smart city projects, ensuring efficient water management in a region heavily dependent on desalination.
List of Key Companies Profiled
- Itron, Inc.
- Neptune Technology Group Inc. (Roper Technologies, Inc.)
- Honeywell International Inc.
- Badger Meter, Inc.
- Landis+Gyr Group AG
- Hubbell Incorporated
- Arad Group
- Diehl Stiftung & Co. KG
- B METERS S.R.L.
- Xylem, Inc. (Sensus)
Market Report Segmentation
By Technology
- AMR
- AMI
By Meter Type
- Electromagnetic Meter
- Ultrasonic Meter
- Mechanical Meter
By Application
- Residential
- Commercial
- Industrial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Value Chain Analysis of Smart Water Meters Market
Chapter 7. LAMEA Smart Water Meters Market by Technology
Chapter 8. LAMEA Smart Water Meters Market by Meter Type
Chapter 9. LAMEA Smart Water Meters Market by Application
Chapter 10. LAMEA Smart Water Meters Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Itron, Inc.
- Neptune Technology Group Inc. (Roper Technologies, Inc.)
- Honeywell International Inc.
- Badger Meter, Inc.
- Landis+Gyr Group AG
- Hubbell Incorporated
- Arad Group
- Diehl Stiftung & Co. KG
- B METERS S.R.L.
- Xylem, Inc. (Sensus)
