According to a new report from Intel Market Research, the global Smart Water Meter market was valued at USD 3.26 billion in 2026 and is projected to reach USD 6.58 billion by 2034, growing at a robust CAGR of 10.8% during the forecast period (2026–2035). This growth is propelled by the increasing global incidence of water scarcity, the urgent need for efficient water management infrastructure, and supportive governmental policies promoting smart city development. As utilities worldwide face mounting pressure to reduce non-revenue water and improve billing accuracy, the adoption of smart metering technologies is becoming a strategic imperative rather than an optional upgrade.
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