India smart water management market size reached USD 748.72 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,200.82 Million by 2033, exhibiting a growth rate (CAGR) of 11.81% during 2025-2033. The rising need for water conservation, advancements in ICT solutions, and the growing emphasis on environmental sustainability are primarily driving the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 748.72 Million |
Market Forecast in 2033
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USD 2,200.82 Million |
Market Growth Rate 2025-2033 | 11.81% |
Smart water management (SWM) denotes an information and communication technology (ICT) solution designed to gather, exchange, and analyze real-time data from water networks. Utilizing digital meters, sensors, supervisory control and data acquisition (SCADA) systems, and geographic information systems (GIS), it engages with wastewater systems for communication and interaction. SWM systems employ these technologies to identify leaks, optimize energy consumption, promote water conservation, forecast equipment malfunctions, and ensure adherence to regulatory standards. Additionally, these systems seamlessly integrate with advanced pressure management, sophisticated analytics, meter data management, residential water efficiency measures, and intelligent irrigation management systems, collectively contributing to heightened operational efficiency.
The smart water management market in India is witnessing a transformative surge as the country leverages advanced information and communication technology (ICT) solutions to revolutionize water network operations. The implementation of smart water management in India addresses crucial aspects of water network management by utilizing innovative technologies. Additionally, these systems play a pivotal role in detecting leaks promptly, optimizing energy usage, promoting water conservation, predicting potential equipment failures, and ensuring compliance with regulatory standards. Besides this, the integration of smart water management with advanced pressure management, sophisticated analytics, meter data management, residential water efficiency measures, and intelligent irrigation management systems further enhances operational efficiency across the water sector. In the context of a rapidly growing population and increasing urbanization, efficient water management is a pressing concern for India. The adoption of smart water management aligns with the nation's commitment to leveraging technology for sustainable and resource-efficient practices. Apart from this, as India continues to invest in modernizing its water infrastructure, the integration of SWM is expected to play a pivotal role in achieving efficient, data-driven, and sustainable water management practices across urban and rural landscapes. The convergence of technology and water management positions SWM as a key contributor to India's efforts in securing a water-resilient future. This, in turn, is anticipated to fuel the market growth in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component and application.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes devices (advanced water meters and meter read technology), software solutions (asset management, distribution network monitoring, supervisory control and data acquisition (SCADA), meter data management (MDM), advance analytics, and others), and services (managed services and professional services).
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes residential and commercial and industrial.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered |
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Applications Covered | Residential, Commercial and Industrial |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: