United States Smart Water Grid Market Size, Share, and Forecast 2025-2032: From US$29.41 Billion in 2024 to US$49.15 Billion at 6.63% CAGR, Driven by AI Leak Detection, Digital Twins, and IoT Innovations in US and Europe Utilities

Global Smart Water Grid Market reached US$29.41 billion in 2024 and is expected to reach US$49.15 billion by 2032, growing with a CAGR of 6.63% during the forecast period 2025-2032, according to DataM Intelligence research.

According to DataM Intelligence has published a new research report on "Smart Water Grid Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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➣ Recent Developments:

United States: Key Developments
✅ In April 2025, several major utilities rolled out next-generation smart meters with enhanced leak-detection analytics, improving water-loss management in large urban networks.
✅ In February 2025, a leading U.S. tech-water company launched an AI-driven pipeline health monitoring system capable of predicting failures weeks in advance, reducing emergency repair costs.
✅ In December 2024, new cloud-based water distribution platforms were deployed across western states to optimize pressure zones and support drought resilience strategies.

Europe: Key Developments
✅ In June 2025, European water authorities introduced interoperable digital twin models to simulate system performance and optimize flow, energy use, and real-time quality monitoring.
✅ In March 2025, a major EU utility upgraded its smart valve systems, integrating IoT sensors to enable automatic pressure adjustment during peak demand.
✅ In late 2024, several smart water projects across Scandinavia adopted low-power NB-IoT communication networks for large-scale, long-range connected meters.

📌 Major Global Deals
✅ Abbott Laboratories acquired Exact Sciences in a landmark multi-billion-dollar deal to strengthen its leadership in cancer diagnostics and early-detection technologies.

✅ Parker-Hannifin acquired Filtration Group in a major industrial consolidation move, creating one of the world's most comprehensive filtration and fluid-handling solution providers.

✅ Merck & Co. (MSD) acquired Cidara Therapeutics to expand its antiviral and antifungal pipeline, reinforcing its portfolio in infectious disease and immune-modulating therapies.

✅ Naver Financial acquired Dunamu Inc., marking a major expansion into blockchain, digital assets, and next-gen fintech services.

➣ Latest Mergers & Acquisitions:

✅ A major insurance brokerage firm announced a $1B takeover of a competing brokerage, expanding its presence across U.S. corporate insurance markets.

✅ A global building materials giant completed three acquisitions to strengthen its leadership in recycled and sustainable construction materials.

✅ Two of the world's largest advertising groups finalized a $9B merger, creating one of the biggest integrated marketing and communications networks globally.

✅ Several cybersecurity companies executed strategic acquisitions to enhance AI-driven cyber defense, threat detection, and cloud security capabilities.

✅ A leading tech-enabled business services provider acquired the staffing division of a global automation firm, widening its operational outsourcing and workforce solutions footprint.

➣ Top Industry Players:

IBM Corporation, Siemens AG, Xylem Inc., Schneider Electric SE, Honeywell International Inc., ABB Group, Itron Inc., Badger Meter, Inc., Aclara Technologies LLC and Trimble Inc.

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➣ Key Segments:

By Offering: Hardware, Software

By Storage System: Direct-Attached Storage (DAS), Network-Attached Storage (NAS), Storage Area Network (SAN)

By Storage Architecture: File-Based Storage, Object Storage, Block Storage

By Storage Medium: Hard Disk Drive (HDD), Solid State Drive (SSD)

By End-User: Enterprises, Government Bodies, Cloud Service Providers, Others

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