Smart Water Management Market - Trends Forecast Till 2028

Smart Water Management Market is Segmented by Solution Type (Asset Management, Distribution Network Monitoring, SCADA, Meter Data Management, Analytics), Service Type (Managed Services, Professional Services), End-User Vertical (Residential, Commercial, and Industrial), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-IT-SWMM-979


Number of Pages: 382

Domain: IT & Telecom

Smart Water Management Market – Trends Forecast Till 2028

Global Smart water management market is expected to witness market growth at a rate of 19.90% in the forecast period of 2021 to 2028.

Smart water management is a technology used to collect, share, and analyse data from water equipment and water networks. Water managers use it to find leaks, reduce energy usage, conserve water, predict equipment failure, and ensure regulatory compliance

The worldwide demand for water, as a result of the growing population, increasing urbanization, and the need to address the cost implications of maintaining an aging infrastructure are some of the factors that have supported long-term expansion for Smart Water Management Market.

The COVID-19 pandemic has forced governments globally to think of measures to scale up the adoption of water-efficient technologies and introduce better water management practices since the spread of coronavirus has profoundly impacted the water industry.

Smart Water Management Market Research Report

Asia Pacific is Expected to Register Fastest Growth. The Asia Pacific region is home to more than 2.1 billion urban residents, with over two-thirds estimated to be living in cities by 2050. The region comprises countries with substantial non-revenue water (NRW) losses, like India (with almost 60% of revenue losses from the total water distributed) and Singapore.

Smart Water Management Market is segmented into type, end user and region.

On the basis of Type

  • Solution
  • Service

On the basis of End-User Industry

  • Residential
  • Commercial
  • Industrial

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Smart Water Management Market Primary Respondent


Key Players

  • IBM
  • Siemens
  • Schneider Electric
  • Honeywell.

Recent Developments

  • June 2021 - Mueller Water Products, Inc. announced the acquisition of i2O Water Ltd. to enhance its ability to accelerate its software offerings. Additionally, Mueller plans to introduce i2O’s products and solutions in North America, where i2O currently has no presence.
  • March 2021 - SUEZ and Schneider Electric established a joint venture to strengthen their position in developing innovative digital water solutions. This joint venture would support municipal water operators and industrial players in accelerating their digital transformations by providing a unique range of software solutions for planning, maintenance, operation, and optimization of water treatment infrastructure.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Smart Water Management Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope


Report Feature


Growth Rate

CAGR of 19.90% during the forecasting period, 2021-2028

Historical Data


Forecast Years


Base Year


Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Type, end user and geography.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

IBM, Siemens, Schneider Electric and Honeywell.

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