Digital Water Solutions Market

Resource management and the shortage of water is driving the market growth

The requirement for efficient resource management in the face of water shortage is a major driving force behind the market for digital water solutions. Water resources are under a lot of stress due to urbanisation and the rising population. As a result, there is a greater understanding of the value of effective water management and the pressing need to solve water shortages. Digital water solutions offer cutting-edge tools and technology that improve the monitoring, evaluation, and exploitation of water resources.

These technologies assist water utilities and authorities in gaining immediate knowledge about water supply, trends of use, and shifts in demand. They can monitor water use, find leaks, and spot locations with excessive usage or waste by utilising IoT devices, sensors, and data analytics.

Water utilities can make educated judgements and put policies for water efficiency and conservation into action when they have access to accurate and timely data. Digital water technologies make it possible to manage water resources proactively by spotting potential problems and enabling quick responses. Predictive analytics, for instance, can forecast water demand, allowing utilities to better distribute resources and prevent shortages. Digital water solutions also make it easier to combine different water sources and encourage the use of non-conventional water sources including desalination, rainwater harvesting, and reclaimed water.

These strategies help to lessen reliance on finite freshwater reserves by maximising the use of accessible water sources. Thus, driving the Digital Water Solutions market revenue.

The increasing global water scarcity is a pivotal driver for the Global Digital Water Solutions Market Industry. As populations grow and climate change exacerbates water shortages, the demand for efficient water management solutions intensifies. By 2024, the market is projected to reach 1.04 USD Billion, reflecting the urgent need for innovative technologies that optimize water usage. Digital solutions, such as smart metering and real-time monitoring systems, are being adopted to enhance water conservation efforts. Countries like India and South Africa are implementing these technologies to address their water crises, indicating a broader global trend towards digital water management.

The Global Digital Water Solutions Market Industry is poised for substantial growth, with projections indicating a market size of 1.04 USD Billion in 2024 and an anticipated increase to 4.08 USD Billion by 2035. This growth trajectory suggests a robust demand for digital solutions in water management, driven by factors such as technological advancements, regulatory support, and increasing awareness of water scarcity. The expected CAGR of 13.22% from 2025 to 2035 further underscores the market's potential, as stakeholders recognize the importance of integrating digital technologies into water management practices.

Technological advancements in IoT, AI, and data analytics are transforming the Global Digital Water Solutions Market Industry. These innovations enable utilities to collect and analyze vast amounts of data, leading to improved decision-making and operational efficiency. For example, smart water networks equipped with IoT sensors can detect leaks in real-time, reducing water loss and operational costs. The integration of AI in predictive maintenance further enhances system reliability. As these technologies continue to evolve, they are expected to drive the market at a CAGR of 13.22% from 2025 to 2035, reflecting the growing reliance on digital solutions in water management.

The rising awareness of water quality issues is propelling the Global Digital Water Solutions Market Industry forward. Consumers and regulatory bodies are increasingly demanding transparency regarding water quality, leading to the adoption of digital monitoring solutions. Technologies such as online water quality sensors and data analytics platforms are being utilized to ensure compliance with safety standards. This heightened focus on water quality is likely to drive market growth, as stakeholders seek to implement effective monitoring systems. The market's expansion is anticipated to align with the broader trend of prioritizing public health and environmental sustainability.

Government initiatives aimed at improving water management are significantly influencing the Global Digital Water Solutions Market Industry. Many countries are enacting regulations that mandate the adoption of digital technologies for water monitoring and management. For instance, the European Union has set ambitious targets for water efficiency, prompting investments in digital solutions. This regulatory environment is expected to drive market growth, with projections indicating a market size of 4.08 USD Billion by 2035. Such initiatives not only encourage the adoption of digital water solutions but also promote sustainable practices, aligning with global sustainability goals.

The global push for modernizing water infrastructure is a crucial driver for the Global Digital Water Solutions Market Industry. Many nations are recognizing the need to upgrade aging water systems to improve efficiency and reduce waste. Investments in digital technologies are seen as essential for achieving these goals. For instance, the United States has allocated substantial funding for water infrastructure projects, which includes the implementation of digital solutions. This trend is likely to contribute to the market's growth, with a projected increase to 4.08 USD Billion by 2035, as countries strive to enhance their water management capabilities.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Digital Water Solutions Market dominated this market in 2022 (45.80%). The solutions that are most common prefer to be those involving advanced metering infrastructure (AMI), leak detection, data analytics, and customer engagement. Optimizing water use, cutting non-revenue water, and enhancing customer service are frequently the main priorities and contribute to regional industry expansion. Further, the U.S.

Digital Water Solutions market held the largest market share, and the Canada Armor Materials market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: Digital Water Solutions Market Share By Region 2022 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe Digital Water Solutions market accounts for the second-largest market share. European nations place a strong emphasis on effective resource management, following the law, and using sustainable water practices. Further, the German Digital Water Solutions market held the largest market share, and the UK Digital Water Solutions market was the fastest growing market in the European region.

The Asia-Pacific Digital Water Solutions Market is expected to grow at the fastest CAGR from 2023 to 2032. Because of its fast urbanization, rising population, and problems with water scarcity, the Asia-Pacific area has severe water management concerns. As a result, there is a rising need for products for network management, water treatment, water metering, and water loss reduction. Moreover, China’s Digital Water Solutions market held the largest market share, and the Indian Digital Water Solutions market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Digital Water Solutions market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Digital Water Solutions industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Digital Water Solutions industry to benefit clients and increase the market sector. In recent years, the Digital Water Solutions industry has offered some of the most significant advantages to medicine.

Major players in the Digital Water Solutions market, including 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) and others, are attempting to increase market demand by investing in research and development operations.

Bentley Systems, based in the United States, is a renowned company specializing in software solutions and digital twin technology for infrastructure design, construction, and operations. With a strong presence in the Digital Water Solutions market, Bentley Systems offers a comprehensive suite of software solutions tailored to address the unique challenges faced by water utilities and enable efficient management of water infrastructure. In the Digital Water Solutions market, Bentley Systems stands out as a leading provider of advanced software solutions designed specifically for the water industry. Their services include design, building, operation, and maintenance across the full water lifespan.

Water utilities are given the tools and skills they need by Bentley Systems, which focus on digital transformation, to streamline operations and improve overall performance. Applications covering a wide range of water management needs are available in Bentley's software portfolio. Their technologies offer real-time data integration, hydraulic modeling, network analysis, and leak detection capabilities, enabling utilities to efficiently manage their water distribution networks. This enables utilities to raise operational effectiveness, reduce water losses, and increase network performance. The digital twin technology from Bentley Systems, known as iTwin, is one of their noteworthy innovations.

Using real-time data, sensor data, and historical records, this creative solution enables utilities to produce virtual versions of their water infrastructure assets.

Schneider Electric, headquartered in France, is a leader in energy management and automation solutions, with a significant presence in the Digital Water Solutions market. The business provides a wide selection of goods, programmes, and services that help water utilities optimise their processes, raise productivity, and increase sustainability. Schneider Electric offers cutting-edge options for water management in the market for digital water solutions. Their products and services deal with several facets of the water lifecycle, such as distribution, treatment, and wastewater management.

Advanced supervisory control and data acquisition (SCADA) systems, remote terminal units (RTUs), telemetry systems, and smart sensors are some of Schneider Electric's offerings for the market for digital water solutions. By allowing utilities to monitor and manage their water infrastructure in real-time, these technologies provide effective operations and prompt reaction to urgent situations. In addition, Schneider Electric provides software programmes for network administration, asset performance enhancement, and data analysis. Their software platforms give utilities the ability to gather, analyse, and interpret data from sensors and other sources, giving decision-makers and preventive maintenance techniques useful information.