Smart Water Management (SWM) Market

By Component;

Devices, Solutions, and Services

By Solutions;

Security, Smart Irrigation Management, Advanced Pressure Management, Mobile Workforce Management, Network Management, CIS and Billing, Leak Detection, and Other Solutions

By Deployment Mode;

On-Premise and Cloud-Based Deployment

By Technology;

IoT, AI, Big Data & Analytics, Cloud Computing, and Others

By End User ;

Residential, Commercial, and Industrial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn109576874 Published Date: August, 2025

Smart Water Management (SWM) Market Overview

Smart Water Management (SWM) Market (USD Million)

Smart Water Management (SWM) Market was valued at USD 18,554.34 million in the year 2024. The size of this market is expected to increase to USD 36,619.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.2%.


Smart Water Management (SWM) Market

*Market size in USD million

CAGR 10.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.2 %
Market Size (2024)USD 18,554.34 Million
Market Size (2031)USD 36,619.85 Million
Market ConcentrationLow
Report Pages358
18,554.34
2024
36,619.85
2031

Major Players

  • ABB Ltd
  • Aclara
  • Arad Technologies
  • Badger Meter
  • Capgemini
  • Cisco
  • Elster
  • General Electric
  • HydroPoint Data Systems, Inc
  • IBM Corporation
  • Itron
  • Landis+Gyr
  • Mueller Systems
  • Neptune Technology Group
  • Oracle
  • Schneider Electric
  • Sensus
  • Siemens AG
  • Tata Consultancy Service

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Smart Water Management (SWM) Market

Fragmented - Highly competitive market without dominant players


The Smart Water Management (SWM) Market is advancing swiftly as industries and utilities aim to reduce water waste. Over 60% of utilities are affected by non-revenue water, spurring adoption of intelligent monitoring and control systems. These solutions help streamline water usage through data-driven automation, improving efficiency at every stage of the water cycle.

Technology Integration Reshaping Infrastructure
The adoption of smart meters, IoT sensors, and real-time data tools is revolutionizing water utilities. About 55% of organizations are leveraging these innovations to gain actionable insights into consumption patterns. The result is more accurate leak detection, better asset management, and enhanced decision-making capabilities.

Regulatory Support Fueling Growth
Government directives focused on sustainable water practices are fueling SWM investments. Nearly 50% of utilities are undergoing digital transformations to comply with environmental regulations. This has increased demand for remote control systems, AI-driven analytics, and automated operations across water networks.

Operational Efficiencies and Lower Costs
Smart water technologies are delivering up to 30% reductions in operational costs by minimizing inefficiencies. Features like automated alerts, predictive analytics, and cloud-based management platforms are replacing traditional methods and significantly reducing labor and maintenance expenses.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Solutions
    3. Market Snapshot, By Deployment Mode
    4. Market Snapshot, By Technology
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Smart Water Management (SWM) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for water
        2. Aging water infrastructure
      2. Restraints
        1. High upfront costs
        2. Lack of awareness
      3. Opportunities
        1. Technological advancements
        2. Increased focus on sustainability
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Smart Water Management (SWM) Market, By Component, 2021 - 2031 (USD Million)
      1. Devices
      2. Solutions
      3. Services
    2. Smart Water Management (SWM) Market, By Solutions, 2021 - 2031 (USD Million)

      1. Security

      2. Smart Irrigation Management

      3. Advanced Pressure Management

      4. Mobile Workforce Management

      5. Network Management

      6. CIS

      7. Billing

      8. Leak Detection

      9. Other

    3. Smart Water Management (SWM) Market, By Deployment Mode, 2021 - 2031 (USD Million)

      1. On-Premise

      2. Cloud-Based Deployment

    4. Smart Water Management (SWM) Market, By Technology, 2021 - 2031 (USD Million)

      1. IoT

      2. AI

      3. Big Data & Analytics

      4. Cloud Computing

      5. Others

    5. Smart Water Management (SWM) Market, By End User , 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Industrial
    6. Smart Water Management (SWM) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB Ltd
      2. Aclara
      3. Arad Technologies
      4. Badger Meter
      5. Capgemini
      6. Cisco
      7. Elster
      8. General Electric
      9. HydroPoint Data Systems, Inc
      10. IBM Corporation
      11. Itron
      12. Landis+Gyr
      13. Mueller Systems
      14. Neptune Technology Group
      15. Oracle
      16. Schneider Electric
      17. Sensus
      18. Siemens AG
      19. Tata Consultancy Service
  7. Analyst Views
  8. Future Outlook of the Market