The Global Water as a Service (WaaS) Market reached US$ 58.38 billion in 2024 and is expected to reach US$ 129.76 billion by 2032, growing with a CAGR of 10.50% during the forecast period 2025-2032.
The Water as a Service Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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Water as a Service (WaaS) is a business model that delivers water solutions-such as purification, wastewater treatment, and distribution on a subscription or pay-per-use basis. It enables businesses, municipalities, and industries to access clean water infrastructure without heavy upfront investment, promoting sustainable water management, operational efficiency, and compliance with environmental regulations through outsourced expertise and advanced technologies.
Major players in the Water as a Service Market
The prominent players in Water as a Service market research report are: WEB N.V., Seven Seas Water Group, Veolia, Ekopak, R3 Sustainability, Waterleau, HydroFloTech, Hacom Energy, Rainmaker Worldwide Inc. and AquaVenture Holdings Limited.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Recent Key Development of USA
In March 2025, Evoqua Water Technologies, a leading player in the WaaS market, announced the integration of AI-driven predictive analytics into its WaaS solutions. This allows real-time monitoring, automated maintenance alerts, and optimized water usage for industrial clients, significantly reducing operational downtime and water waste.
In January 2025, The U.S. Environmental Protection Agency (EPA) collaborated with private WaaS providers in a $500 million initiative to upgrade outdated municipal water systems using WaaS models. The goal is to enhance water reuse, monitoring, and treatment without large upfront capital investments by cities.
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Market Segments
By Service Type: Water Supply, Water & Wastewater Treatment, Water Recycling & Reuse Services, Operations & Maintenance Services, Others.
By Capacity: Less than 25,000L, 25,001 TO 50,000 L, 50,001 L TO 100,000 L, More than 100,001 L.
By Deployment Model: On-Premises, Cloud-Based Services, Hybrid Models.
By End-Users: Municipal, Industrial, Commercial, Others.
The Water as a Service industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Water as a Service Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America – US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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➡ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
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