2025 Smart Water Metering Market Outlook: Key Indicators Shaping Growth Through 2034

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Smart Water Metering Industry Market Size Be by 2025?
The size of the smart water metering market has rapidly expanded in the past few years. The market, which was valued at $4.41 billion in 2024, is predicted to increase to $5.02 billion in 2025, reflecting a compound annual growth rate (CAGR) of 13.9%. The notable growth in the previous period can be attributed to factors like outdated infrastructure, increased consumer awareness, a focus on environmental sustainability, interest in exploiting data analytics, and government policies.

What's the Long-Term Growth Forecast for the Smart Water Metering Market Size Through 2029?
In the coming years, the smart water metering market is projected to experience a swift expansion. By 2029, it is anticipated that the market will balloon to a worth of $8.36 billion, with a compound annual growth rate (CAGR) staring at 13.6%. Factors such as initiatives for smart cities, remote surveillance, cloud computing, mobile applications, and cybersecurity issues are expected to spur growth during the forecast period. The emerging trends during this forecast period could witness advancements in sensor technologies, inclusion of blockchain in water management, edge computing, subscription-based models, and integration with smart homes.

View the full report here:
https://www.thebusinessresearchcompany.com/report/smart-water-metering-global-market-report

What Are the Key Growth Drivers Fueling the Smart Water Metering Market Expansion?
The smart water metering market is poised for growth, spurred on by the rise in urbanization. Typically, urbanization is signified by an escalating population density within cities and towns, along with corresponding socio-economic and infrastructural transformations. Smart water meters facilitate this process by presenting real-time water usage data, promoting effective resource utilization, minimizing water wastage, proactively maintaining infrastructures, and advocating for sustainable urban development initiatives. This ultimately aids in building robust and eco-friendly urban landscapes. For instance, the population in the US escalated to 332,403,650 in January 2022, marking a 0.21% increase from 2021 as reported by the United States Department of Commerce. Hence, this rise in urbanization is fueling the expansion of the smart water metering market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8099&type=smp

What Are the Key Trends Driving Smart Water Metering Market Growth?
Working together is a critical trend in the smart water metering market. Leading firms in the sector are concentrating on tactical collaborations to offer a combined infrastructure for water utilities and maintain their market stance. For instance, in October 2023, Suez, a utility firm based in France that delivers environmental management solutions, partnered with Vodafone Business, a UK telecom service provider, to utilize Wize technology and NB-IoT. The partnership aims to provide a comprehensive coverage for smart water meters in the UK, delivering an economically friendly, vendor-neutral Advanced Metering Infrastructure (AMI). The goal of this union is to simplify data sets and transmissions, eliminating the necessity for multiple systems. Thus, promoting innovation in the smart water metering market by enabling a cost-effective and easily installable smart metering infrastructure, ultimately improving water preservation and operational efficacy for water companies.

How Is the Smart Water Metering Market Segmented?
The smart water metering market covered in this report is segmented -

1) By Meter Type: Ultrasonic Meter, Electromagnetic Meter, Mechanical Meter
2) By Component: Information Technology (IT) Solutions, Communications, Meters And Accessories
3) By Technology: Automatic Meter Reading, Advanced Meter Infrastructure
4) By Application: Residential, Water Utilities, Industrial, Agricultural

Subsegments:
1) By Ultrasonic Meter: Clamp-On Ultrasonic Meters, In-Line Ultrasonic Meters
2) By Electromagnetic Meter: Inline Electromagnetic Flow Meters, Insertion Electromagnetic Flow Meters
3) By Mechanical Meter: Positive Displacement Meters, Turbine Meters, Vortex Meters

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8099&type=smp

Which Companies Are Leading the Charge in Smart Water Metering Market Innovation?
Major companies operating in the smart water metering market include Honeywell International Inc., Diehl Stiftung & Co KG, Itron Inc., Landis+Gyr Group AG, Aclara Technologies LLC, Badger Meter Inc., Kamstrup A/S, Arad Group, Apator SA, Zenner International GmbH & Co KG, Sensus USA Inc., Axioma Metering, Maddalena SpA, INTEGRA Metering AG, WAVIoT, ket*os Digital Services Private Limited, WaterSMART Solutions Ltd., MOM Zrt., BETAR Company, WaterTech SpA, Elster Group GmbH, DH Metering Europe SA, G. GIOANOLA Srl, Hebei Shanghong Water Meters Technology Co Ltd., Smartflow Engineering Services Private Limited, WEGoT Utility Solutions Pty. Ltd.

Which Regions Are Leading the Global Smart Water Metering Market in Revenue?
North America was the largest region in the smart water metering market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart water metering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8099

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.