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(IT-NEWSWIRE.COM, February 11, 2025 ) Global Smart Water Grid Market Overview (2025-2032)
The Global Smart Water Grid Market is projected to grow from US$ 29.41 billion in 2024 to US$ 49.15 billion by 2032, at a CAGR of 6.63%.
Increasing adoption of IoT, AI, and cloud-based technologies is driving real-time water monitoring, leak detection, and automated billing systems.
Government initiatives for sustainable water management and smart city projects are further accelerating market growth.
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Market Dynamics
📌 Sustainability & Efficiency in Smart Water Grid
Rising concerns over water scarcity are pushing utilities and municipalities to adopt smart water management solutions.
Integration of cloud-based analytics, IoT, and big data enhances efficiency, reduces operational costs, and improves leak detection.
📌 Technological Advancements Driving Market Growth
Geographic Information Systems (GIS), Supervisory Control and Data Acquisition (SCADA), and AI-based analytics are optimizing water distribution and supply management.
AI-powered predictive maintenance is reducing infrastructure downtime and operational inefficiencies.
📌 Regulatory and Policy Challenges
GDPR and data security regulations create complexities in smart meter deployment and data privacy compliance.
Varying regional policies across different countries delay standardization and full-scale implementation of smart water grids.
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Market Segmentation
✔ By Component
Hardware Smart meters, sensors, valves
Software Cloud-based analytics, GIS, SCADA systems
Services Maintenance, monitoring, predictive analytics
✔ By Technology
Smart Infrastructure IoT-enabled sensor networks & leak detection systems
Control & Automation AI-driven demand forecasting & water pressure optimization
ICT & Analytical Software GIS-based analytics & cloud computing solutions
✔ By Application
Residential Smart water meters & automated billing systems
Commercial Industrial water recycling & treatment
Industrial AI-driven predictive maintenance & real-time monitoring
Regional Insights
🌍 North America Leading Market
Early adoption of AMI & AMR smart water solutions.
High investment in smart water infrastructure to reduce non-revenue water (NRW).
Example: U.S. AMI smart water metering expected to grow by 28% in 2024.
🌏 Asia-Pacific Fastest-Growing Region
Rapid urbanization and government-led smart city projects.
High demand for smart meters in China, India, and Japan.
Example: Indias IoT-based water management initiative for urban water conservation.
Competitive Landscape & Key Players
IBM Corporation
Siemens AG
Xylem Inc.
Schneider Electric SE
Honeywell International Inc.
ABB Group
Itron Inc.
Badger Meter, Inc.
Aclara Technologies LLC
Trimble Inc.
📌 Industry Updates:
Siemens Smart Infrastructure (2024) Launched grid sensor solutions for real-time water monitoring.
Xylem & Idrica (2024) Introduced AI-powered leak detection, reducing non-revenue water losses by 2%.
Genus Power (2024) Shipped smart ultrasonic water meters to Australia, expanding global water management solutions.
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Why Purchase This Report?
✔ Detailed market segmentation & key trends
✔ Competitive intelligence & emerging players
✔ Comprehensive regional & regulatory analysis
✔ 203-page report with 62 tables & 53 figures
DataM Intelligence
Sai Kiran
+1 877 441 4866
Sai.k@datamintelligence.com
Source: EmailWire.Com 
Source: EmailWire.com
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