Residential segment revenue is expected to expand at a rapid CAGR during the forecast period. The launch of advanced sensor-based IoT devices and software platforms, which help to reduce water consumption and manage water leaks in residential buildings by tracking real-time flow are expected to boost utilization of smart water management solutions.
The research study presents an industry-wide summary of the Smart Water Management market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Smart Water Management report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
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Some Key Highlights From the Report
- Solution segment accounted for largest revenue share in 2024. Rising adoption of real-time predictive maintenance and conditioning monitoring of assets is expected to drive growth of the solutions segment.
- North America accounted for largest revenue share contribution to the global smart water management market in 2024. Rising awareness regarding the scarcity of freshwater resources is a key contributing factor driving increasing implementation of smart water management solutions across residential, commercial, and industrial sectors in countries in the region.
- Major players in the market include ABB, IBM, Honeywell Elster, Siemens, Itron, Schneider Electric, SUEZ, Oracle, Landis+Gyr, and SENSUS.
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Smart Water Management Market Region:
The market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Smart Water Management Market Segmentation:
For imparting a clear understanding, the market is segmented on the basis of types, applications, and key geographical regions.
Offering Outlook (Revenue, USD Billion; 2018–2028)
- Service
- Professional Services
- Managed Services
- Solution
- Distribution Network Monitoring
- Meter Data Management
- Asset Management
- Supervisory Control and Data Acquisition (SCADA)
- Analytics
- Smart Irrigation Management
- Others
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- Residential
- Commercial & Industrial
Smart Water Management Market Taxonomy:
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2: Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3: Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4: Regional Landscape
Chapter 5: Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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