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.
SWM involves incorporating advanced digital instruments such as sensors, microcontrollers, and systems to improve water management through automation, real-time data analysis, and accurate monitoring. It includes IoT-enabled sensor technologies to monitor water quality and flow rates continuously. It also gives utilities information to identify leaks, contamination, or distribution network inefficiencies that may lead to wastage. Sensor-generated data is sent to a cloud server and, after processing with the help of AI, sent to a computer for user review. The data is used further by AI-driven analytics to forecast equipment failures, optimize water use, and enhance maintenance activity scheduling. Thus, SWM provides comprehensive solutions to mitigate floods, droughts, and pressure and flow issues and enables efficient irrigation, improved water quality, and sufficient water quantity.
Market Dynamics and Drivers
The potential of SWM in the water industry is immense, particularly in addressing the challenges of water scarcity and inefficient distribution. Urban centers are experiencing a surge in water demand, necessitating intelligent solutions to prevent resource depletion and infrastructure failure. Governments and private-sector players increasingly focus on integrating smart water solutions to optimize distribution networks, reduce water loss, and enhance operational efficiency. Countries in Asia-Pacific, such as India and China, increasingly are adopting smart water technologies to combat high levels of non-revenue water (NRW) loss, often exceeding 30% in developing nations. Similarly, in Europe,
regulatory frameworks push utilities to upgrade their water networks through digital transformation, improving efficiency and sustainability. The agricultural sector also benefits from SWM, with smart irrigation systems that use real-time data to optimize water application, ensuring higher crop yields with minimal wastage.
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:
SWM involves incorporating advanced digital instruments such as sensors, microcontrollers, and systems to improve water management through automation, real-time data analysis, and accurate monitoring. It includes IoT-enabled sensor technologies to monitor water quality and flow rates continuously. It also gives utilities information to identify leaks, contamination, or distribution network inefficiencies that may lead to wastage. Sensor-generated data is sent to a cloud server and, after processing with the help of AI, sent to a computer for user review. The data is used further by AI-driven analytics to forecast equipment failures, optimize water use, and enhance maintenance activity scheduling. Thus, SWM provides comprehensive solutions to mitigate floods, droughts, and pressure and flow issues and enables efficient irrigation, improved water quality, and sufficient water quantity.
Market Dynamics and Drivers
The potential of SWM in the water industry is immense, particularly in addressing the challenges of water scarcity and inefficient distribution. Urban centers are experiencing a surge in water demand, necessitating intelligent solutions to prevent resource depletion and infrastructure failure. Governments and private-sector players increasingly focus on integrating smart water solutions to optimize distribution networks, reduce water loss, and enhance operational efficiency. Countries in Asia-Pacific, such as India and China, increasingly are adopting smart water technologies to combat high levels of non-revenue water (NRW) loss, often exceeding 30% in developing nations. Similarly, in Europe,
regulatory frameworks push utilities to upgrade their water networks through digital transformation, improving efficiency and sustainability. The agricultural sector also benefits from SWM, with smart irrigation systems that use real-time data to optimize water application, ensuring higher crop yields with minimal wastage.
Report Scope
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:
- Component: hardware, software, services.
- Hardware: controllers, smart water meters, sensors, and others.
- Smart water meter technology: advanced metering infrastructure (AMI) and automated (or automatic) meter reading (AMR).
- Software: analytics and data management, network monitoring and management (NMM), meter data management (MDM), geographic information systems (GIS), and others.
- Services: managed services and professional services.
- Hardware: controllers, smart water meters, sensors, and others.
- End use: utilities and municipalities, commercial and industrial (C&I), and residential.
- Region: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa.
The report includes:
- 73 data tables and 54 additional tables
- An overview of the global market for smart water management (SWM)
- Analyses of the global market trends, with sales data for 2024, estimates for 2025, forecasts for 2029, and projected CAGRs through 2030
- Estimates of the market and revenue forecast for the global SWM market, and corresponding market share analysis by component, end-use industry and region
- Highlights of emerging technological trends, opportunities and gaps, estimating current and future demand for SWM
- Information on the latest developments in SWM and new industry research, upcoming technologies, and economic trends
- Identification of challenges and discussion of how to overcome these so that the market reaches its commercialization potential, and ESG trends of the market
- Market share analysis of the key companies and coverage of their proprietary technologies, strategic alliances, and other market strategies, and a relevant patent analysis
- Profiles of the leading companies, includingXylem, Siemens, Veolia, Schneider Electric, and Honeywell International Inc.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Market Overview
Chapter 3 Market Dynamics
Chapter 4 Emerging Technologies and Developments
Chapter 5 Market Segmentation Analysis
Chapter 6 Competitive Intelligence
Chapter 7 Sustainability in Smart Water Management Market: An ESG Perspective
Chapter 8 Appendix
List of Tables
List of Figures
Companies Mentioned
- ABB
- Aqua Robur Technologies AB
- Badger Meter Inc.
- Hitachi Ltd.
- Honeywell International Inc.
- Hydropoint
- Itron Inc.
- Kamstrup
- Landis+Gyr
- Mueller Water Products Inc.
- Neptune Technology Group Inc.
- Schneider Electric
- Siemens
- Veolia
- Xylem
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 189 |
| Published | June 2025 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value ( USD | $ 23.7 Billion |
| Forecasted Market Value ( USD | $ 43.7 Billion |
| Compound Annual Growth Rate | 13.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
