Smart Water Metering Market is segmented By Meter Type (Ultrasonic Meters, Smart Mechanical Meters, ...
Market Size in USD Bn
CAGR11.9%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 11.9% |
Market Concentration | Medium |
Major Players | Apator S.A., Aclara Technologies LLC, Arad Group, BMETERS Srl, Badger Meter, Inc. and Among Others |
The smart water metering market is estimated to be valued at USD 5.24 Bn in 2025 and is expected to reach USD 11.51 Bn by 2032, growing at a compound annual growth rate (CAGR) of 11.9% from 2025 to 2032. Growth of the smart water metering market can be attributed to the implementation of smart metering systems across developed regions to detect leakages and monitor water usage.