Evolve DataBank
Evolve DataBank Releases 2023-2035 Market Study, Highlighting the Surge in Smart Metering, AI-Powered Leak Detection, and a Robust 14.81% CAGR.
The global utility landscape is witnessing a massive transition toward digitized water management and automated resource efficiency, with the IoT in water utility market projected to grow from USD 18.10 billion in 2024 to USD 90.31 billion by 2035. According to the latest exhaustive research by Evolve DataBank, the industry is maintaining a steady CAGR of 14.81%, driven by the mass adoption of advanced metering infrastructure (AMI), the rising global urgency for leak reduction, and the breakthrough integration of AI-powered predictive maintenance in municipal networks.
The report identifies Device Solutions (Smart Meters, Sensors) as the dominant product category due to falling hardware costs and increased interoperability, while Commercial Applications remain the largest end-user segment for municipal modernization. Geographically, North America continues to stand as the global leader, supported by early AMI adoption and mature smart city frameworks. Meanwhile, Asia-Pacific is identified as the fastest-growing region, with burgeoning urban infrastructure and massive government investments in China and India driving a surge in IoT adoption.
Institutional-Grade Intelligence Now Accessible for US$99 In an industry-first move to democratize high-tier industrial technology and environmental research, Evolve DataBank is making its professional-grade 2023-2035 IoT in water utility data suite available for just US$99. This report provides granular data across types (Devices, Gateways), applications (Commercial, Residential), and critical regional growth dynamics including the US, Germany, and India.
For instant access to the full forecast and segmentation data, visit: https://evolvedatabank.com/ProductMaster/ProductDataDisplay/iot-water-Utility-market-analysis
“IoT has evolved from a monitoring tool into the essential survival architecture for global water security, where AI-driven leak detection is now critical for maintaining urban resilience,” says the Senior Analyst at Evolve DataBank. “By offering our in-depth analysis at a US$99 price point, we are empowering startups, utility managers, and independent analysts to access the same institutional-level data used by global leaders like Xylem, Itron, and Schneider Electric.”
Key Highlights of the IoT in Water Utility Market Report:
• Smart Metering & AMI Surge: Detailed analysis of how the push for real-time billing and usage transparency is making intelligent meters the primary choice for modern utilities.
• AI & Machine Learning Impact: Evaluation of how predictive analytics are drastically reducing non-revenue water (NRW) by identifying system anomalies before major failures occur.
• Edge Computing Integration: In-depth look at the rising role of decentralized data processing in enhancing real-time response capabilities for field events.
• Regional Dynamics: Comprehensive breakdown of the massive urban scaling in Southeast Asia and the established technological leadership of the United States and Northern Europe.
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Evolve Data Bank, powered by Evolve Business Intelligence, is a premier online platform offering highly granular, data-driven market insights across diverse global verticals. We are the strategic partner for businesses, analysts, and researchers seeking reliable, actionable market intelligence.
Our comprehensive data bank covers critical sectors including Automotive & Transportation, Aerospace and Defence, Chemical and Materials, Construction And Manufacturing, Electronics and Semiconductor, and essential service industries like Life Science, Consumer Goods & Retail, BFSI, Food & Beverages, Information & Communication Technology, and Energy & Power.
Redefining Industry Access: Committed to democratizing high-tier market research, Evolve DataBank now offers its professional-grade data suites at a market-disrupting entry point of just US$99. By removing the traditional financial barriers to institutional-level intelligence, we empower startups, SMEs, and independent analysts to make data-backed decisions with the same precision as global enterprises.
This release was published on openPR.
