Increasing Water Scarcity Driving The Growth Of The Market Due To Rising Demand For Efficient Resource Utilization: A Significant Driver Propelling The IoT In Water Management Market In 2025

The IoT In Water Management Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the IoT In Water Management Market Size and Projected Growth Rate?
In the past few years, the market size of the Internet of Things (IoT) in water management has seen a substantial expansion. The market worth will increase from approximately $10.29 billion in 2024 to roughly $11.80 billion in 2025, accompanied by an impressive compound annual growth rate (CAGR) of 14.7%. The historic growth is driven by several factors including the rising demand for efficacious water resource management, the emergence of smart cities, and the implementation of smart water meters that provide real-time usage data. Other contributing elements encompass the supportive legislation encouraging sustainability and minimizing water wastage, government schemes and the integration of smart sensors and analytics to boost operational efficiency and maintain regulatory adherence.

The market size of Internet of Things (IoT) within the water management sector is set to witness substantial expansion in the forthcoming years, reaching $20.23 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 14.4%. This predicted augmentation in the forecast period is fuelled by several factors including the rising utilization of smart irrigation systems for precision farming and conserving water, an increasing global consciousness regarding the environment, the adoption of smart water meters, the integration of IoT in precision farming, and an uptrend in smart city projects. Key trends that are expected to dominate the forecast period consist of employing smart water meters for accurate measurements, integrating IoT in precision farming, amplified governmental and regulatory backing for IoT-centric water conservation solutions, smart city initiatives stimulating demand for IoT in water management, and advancements in sensor technology and machine learning to improve data gathering, analysis and prediction.

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What Are the Major Segments in the IoT In Water Management Market?
The IoT in water management market covered in this report is segmented -

1) By Component: Hardware, Software, Services
2) By Technology Adoption: Cloud-Based Solutions, Edge Computing, Hybrid Systems
3) By Application: Water Quality Monitoring, Water Leakage Detection, Water Level Monitoring, Water Usage Monitoring, Other Applications
4) By End-Users: Residential, Commercial, Industrial, Agricultural

Subsegments:

1) By Hardware: Smart Water Meters, Sensors, IoT Gateways, Water Level Monitoring Devices, Leak Detection Devices
2) By Software: Water Quality Monitoring Software, Data Analytics And Visualization, Remote Monitoring And Control, Predictive Maintenance Solutions, Cloud-Based Water Management Platforms
3) By Services: Consulting And Deployment Services, System Integration Services, Managed Services, Maintenance And Support Services, Real-Time Monitoring Services

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What Are The Driving IoT In Water Management Market Evolution?
With water scarcity becoming an increasingly pressing issue, the IoT in the water management market is primed for expansion. The term "water scarcity" is used to describe a situation where a population, region, or ecosystem does not have enough fresh water resources to fulfill its needs. Such scarcity is being magnified by climate change, which results in altered patterns of rainfall, extended periods of drought, and a diminished availability of freshwater, thus exerting pressure on water resources. IoT in water management can alleviate water scarcity through real-time monitoring, identifying leaks, streamlining irrigation, and promoting efficient resource distribution. For instance, the United Nations Environment Programme (UNEP), a Kenyan intergovernmental organization, revealed in March 2024 that a minimum of 4 billion people are confronted with water shortages for at least one month every year. Additionally, it is projected that by 2025, nearly 1.8 billion people could be subjected to absolute water scarcity. As such, the escalating water scarcity is a significant driver of growth for the IoT in the water management market.

Which Firms Dominate The IoT In Water Management Market Segments?
Major companies operating in the IoT in water management market are Microsoft Corporation, Siemens AG, International Business Machines Corporation (IBM), Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Xylem Inc., Grundfos Holding A/S, Trimble Inc., Itron Inc., Landis+Gyr Group AG, SMEC Holdings Limited, Bentley Systems Incorporated, Badger Meter Inc., Kamstrup A/S, Mueller Systems LLC, Ayyeka Technologies Ltd., Sensoterra B.V., Hydrific Pty Ltd., Subeca Inc., HydroPoint Data Systems Inc., Aquiba Pty Ltd.

What Trends Are Expected to Dominate the IoT In Water Management Market in the Next 5 Years?
Major players in the IoT in water management market are prioritizing technological developments, such as real-time data analysis, to augment water saving measures, optimize utilization of resources, enhance operational performance, and facilitate predictive maintenance. The process of real-time data analysis involves the uninterrupted collection, processing, and interpretation of data to make instantaneous decisions and responses. For example, in November 2022, Vedanta Aluminium, a company based in India manufacturing aluminium, employed IoT technology in their power plants to examine cooling water, thereby enhancing water quality and bringing down overall usage. By studying real-time data, the IoT system provides suggestions on water parameters that, in turn, increase reuse cycles and boost conservation. The use of this technology has not only improved water quality but also mitigated scaling and corrosion, while increasing the operational efficiency of the power plant. These developments are a part of the wider digital transformation strategy of Vedanta aimed at enhancing resource management and manufacturing proficiency.

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Which Is The Largest Region In The IoT In Water Management Market?
North America was the largest region in the IoT in water management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT in water management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the IoT In Water Management Market?
2. What is the CAGR expected in the IoT In Water Management Market?
3. What Are the Key Innovations Transforming the IoT In Water Management Industry?
4. Which Region Is Leading the IoT In Water Management Market?

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