Digital Water Solutions Market

Global Digital Water Solutions Market Size

The global digital water solutions market size was valued at USD 53 Billion in 2024. The global market is anticipated to grow at a CAGR of 30.8% from 2025 to 2033 and be worth USD 593.94 billion by 2033 from USD 69.32 billion in 2025. 

The path and timeline through which our risk-averse industry is learning to embrace and scale digital water solutions. There are more important forces at work. Additionally, digital water solutions enable the adoption of other innovative technologies, such as off-grid and on-premises systems. Water professionals are often considered, and rightly so, conservative, cautious, or late following. However, several powerful trends are making digital water no longer optional, but inevitable. The water sector can learn fundamental lessons from how digital technologies are disrupting other industries. Water utility managers may have been comfortable or even satisfied with analog systems and the idea of ​​stationarity.

Digital water solutions offer various products and technologies for implementation by water and wastewater providers, including water hardware, software, services and technologies, data collection, analytical tools, and advanced technologies such as artificial intelligence and machine learning. Digital water solutions are also given the term smart water. With the assistance of digital water technology, growing economies can advance and manage localized and off-grid water systems and create high models that can assist in integrating pumps, valves, sensors, and other smart equipment and send data in time. It's also self-destructive, filled with wasted time, wasted efficiency, and stranded assets. Once again, utilities can literally "go with the flow" of digital supply and call, working in partnership with newcomers to the world of water.

MARKET DRIVERS

Growing Demand for Quality Water Services and Rising Digitization of the Utility Industry

According to a report by the Ontario Commissioner for the Environment, leaks cost municipalities in the province up to 40% of their drinking water. Digital Water Solutions (DWS) technology is changing that. The Ontario-based company has created a monitoring device that sits inside a standard fire hydrant, listening for noises that indicate potential problems in the water system. Utilities are focused on reducing carbon emissions and developing smart water solutions, which are predicted to drive the digital water solutions industry during the forecast period. Fast, frictionless, and ubiquitous mobile/web systems have redefined previously complex and invisible energy flow into simple, clear, parsed, and packaged data.

The global digital water solutions market is predicted to experience strong expansion during the forecast period due to the escalating need to replace aging water infrastructure, which is predicted to drive market growth for digital water solutions over the course of the foreseen period. Key factors driving industry expansion include the escalating call for quality water services, the need to replace aging water infrastructure, the escalating digitization of the utility sector, and government regulations favoring the development of smart water solutions.

MARKET RESTRAINTS

However, the lack of a digitally skilled workforce is a limiting factor for the expansion of the global digital water solutions industry.

REPORT COVERAGE

SEGMENTAL ANALYSIS

By Technology Insights

The metering and customer measurement segment is predicted to have the largest industry share and grow at the highest rate during the forecast period. Also, the network management segment is predicted to have the second-largest share during the outlook period in the digital water solutions market.

By Solution Type Insights

The software segment is predicted to grow at the fastest rate during the envisioned period due to the rising adoption of analytical solutions for digital water management.

By Utility Tier Insights

The Tier 1 segment is predicted to have the largest share of the global digital water solutions industry.

REGIONAL ANALYSIS

North America accounted for the major share of the worldwide market in 2024 as it has the largest number of in-house companies providing various products and services for digital water solutions. Additionally, the need to replace aging infrastructure in North America is driving regional industry expansion. Besides, the Asia Pacific digital water solutions industry is predicted to experience the fastest expansion during the forecast period, mainly due to escalating urbanization, escalating water calls, and the adoption of the Internet of Things and other advanced technologies.

The Asia-Pacific region shows rapid expansion as it is home to more than 50% of the world's population and, thus, any major technological changes. Many Asian countries, such as China, Japan, and India, are leveraging information-intensive technologies to meet the growing demand from the water service sector, and APAC is predicted to show promising opportunities for the implementation of smart water management solutions.

KEY MARKET PLAYERS

Companies playing a prominent role in the global digital water solutions market include Bentley Systems (US), Innovyze (US), Schneider Electric (France), Minsait, Atonix Digital (US), Plutoshift (US), Assetic (Australia), ABB (Switzerland), Space-Time Insight (US), Aqueduct (US), PowerPlan (US), Copperleaf Technologies (Canada), Intelliflux Controls (US), TaKaDu (Israel), and Analytical Technology, Inc. (US),  Arad Group (Israel), AquamatiX (UK), Badger Meter (US), Honeywell Elster (US), Huawei (China), HydroPoint (US), IBM (US), i2O (UK), Itron (US), Oracle (US), Landis+Gyr (Switzerland), Sensus (US), Siemens (Germany), Suez (France) SenzIoT (India), Trimble Water (US), and XENIUS (India), and Others.

MARKET SEGMENTATION

This research report on the global digital water solutions market has been segmented and sub-segmented based on technology, solution type, utility tier and region.

By Technology

• Metering & Customer Management
• Network Management
• Work & Asset Management
• Plant Management
• Information Management

By Solution Type

• Hardware
• Software
• Services

By Utility Tier

• Tier 1
• Tier 2
• Tier 3

By Region

• North America 
• Europe 
• Asia Pacific
• Latin America 
• Middle East & Africa