Water Smart Metering Market Insights Video

According to Cognitive Market Research, the global Water Smart Metering market size is USD 3841.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 13.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 1536.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1152.36 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 883.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.0% from 2024 to 2031.
• Latin America had a market share for more than 5% of the global revenue with a market size of USD 192.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 76.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031.
• The Ultrasonic Meters held the highest Water Smart Metering market revenue share in 2024.