Smart Water Management Market Intelligence Report 2025-2035: Advanced Analytics to Lead Industry Growth, Propelled by the Need for Informed Decision-Making and Operational Efficiency - ResearchAndMarkets.com
Smart Water Management Market Intelligence Report 2025-2035: Advanced Analytics to Lead Industry Growth, Propelled by the Need for Informed Decision-Making and Operational Efficiency - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Smart Water Management Market Till 2035: Distribution by Type of Management, Type of Services, Type of Water Meter, Type of Offering, Areas of Application, Type of End-user, Company Size, and Key Geographical Regions: Industry Trends and Global Forecasts" has been added to ResearchAndMarkets.com's offering.
The global smart water management market is projected to expand from USD 18.24 billion in the current year to USD 67.76 billion by 2035, with a CAGR of 12.67% during the forecast period. Rapid advances in IoT, AI, and data analytics are revolutionizing smart water management systems, significantly impacting the preservation and governance of water resources.
The need for sustainable water resource management is becoming pressing globally. Urbanization, climate change, and sustainability concerns are driving the adoption of smart technologies for effective water management. Governmental support and advancements in water treatment technologies, such as advanced metering and SCADA systems, are expected to boost market growth within the forecast period.
This report covers comprehensive analysis across various market segments, competitive landscape, company profiles, and key megatrends that shape the smart water management industry. It also includes patent analysis, SWOT analysis, and forecasts market size and growth potential across segments.
Market Segmentation
The global smart water management market is segmented by management type, wherein meter data management (MDM) currently holds the largest share due to demand for efficient metering solutions. Advanced analytics is anticipated to grow at a higher CAGR, propelled by the need for informed decision-making and operational efficiency.
Segmentation by service type reveals professional services presently leading the market, driven by the necessity of integration and consulting services. However, managed services are expected to rise in popularity, as utilities outsource functions to lower costs and improve quality.
The market share by water meter type is dominated by the AMI segment, due to its real-time data capabilities via two-way communication. The AMR segment is set to grow faster, responding to demands for real-time monitoring in water management.
Offerings in services capture the market's majority due to heightened awareness of water quality and advancements in smart water technology. Meanwhile, growing demand for system integration and support is enhancing market expansion.
In the realm of application areas, analytics and data management take precedence, as they empower organizations to analyze data for informed decisions. Leak detection technologies are gaining momentum, driven by the focus on minimizing water losses.
Within end-user segments, commercial entities lead due to their pursuit of optimizing water usage and sustainability goals. Nonetheless, industrial applications are poised for significant growth, underlining the demand for water conservation and regulatory compliance.
Regionally, North America currently commands the majority share, supported by robust governmental initiatives promoting smart water systems.
Why Buy This Report?
- Detailed revenue projections and competitive analysis aids market leaders and new entrants in strategy formulation.
- In-depth evaluation of market drivers, barriers, and opportunities facilitates informed decision-making.
- Includes complimentary Excel data packs, content customization, and exploratory sessions with the research team for enriched understanding.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 192 |
| Forecast Period | 2025-2035 |
| Estimated Market Value (USD) in 2025 | $18.24 Billion |
| Forecasted Market Value (USD) by 2035 | $67.76 Billion |
| Compound Annual Growth Rate | 12.6% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes, but is not limited to:
- ABB
- Arad Group
- Badger Meter
- Diehl Stiftung
- Evoqua Water Technologies
- GE Digital
- Honeywell
- Hydraulx
- i2O Water
- IBM
- Itron
- Kamstrup
- Ketos
- Landis+Gyr
- Neptune Technology Group
- Oracle
- Radius Synergies International
- Schneider Electric
- SENSUS
- Siemens
- SUEZ
- TaKaDu
- Trimble Water
For more information about this report visit https://www.researchandmarkets.com/r/ygcd3n
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