Electronic Internet Of Things (IoT) Water Meter Market Report 2026

Electronic Internet Of Things (IoT) Water Meter Market Overview

• Electronic Internet Of Things (IoT) Water Meter market size has reached to $0.94 billion in 2025 • Expected to grow to $1.39 billion in 2030 at a compound annual growth rate (CAGR) of 8% • Growth Driver: Rising Water Consumption Fueling The Growth Of The Market Due To Increasing Demand For Efficient Monitoring, Leak Detection, And Optimized Water Management • Market Trend: Advanced IoT-Enabled Smart Water Metering Solutions Enhance Real-Time Monitoring And Efficient Water Management • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Electronic Internet Of Things (IoT) Water Meter Market?

Electronic Internet of Things (IoT) water meters are smart digital devices integrated with Internet of Things connectivity that enable real-time monitoring, recording, and transmission of water usage data to centralized systems for analysis and control. These meters support precise consumption tracking, remote reading, and optimized water resource management. The main types of electronic internet of things (IoT) water meter are wall mounted water meter and underground water meter. Wall mounted water meter refers to devices installed above ground to measure and transmit water usage data electronically. These meters are used across various applications, including water consumption monitoring, remote meter reading, leak detection and water loss monitoring, smart water billing and data analytics, and infrastructure water management, and serve multiple end-users, such as residential sector, commercial sector, industrial sector, municipal utilities, and agricultural water management.

What Is The Electronic Internet Of Things (IoT) Water Meter Market Growth Forecast?

The electronic internet of things (IoT) water meter market size is expected to see strong growth in the next few years. It will grow to $1.39 billion by 2030 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increasing deployment of smart city infrastructure, growing adoption of IoT-enabled utility management systems, rising demand for real-time water usage analytics, expansion of automated billing and digital metering systems, increasing focus on sustainable water resource management. Major trends in the forecast period include increasing adoption of real-time water consumption monitoring systems, rising deployment of smart water billing and analytics platforms, growing integration of leak detection and water loss management features, expansion of remote meter reading solutions in urban utilities, rising use of cloud-based water infrastructure management systems.

Global Electronic Internet Of Things (IoT) Water Meter Market Segmentation

1) By Type: Wall Mounted Water Meter, Underground Water Meter 2) By Application: Water Consumption Monitoring, Remote Meter Reading, Leak Detection And Water Loss Monitoring, Smart Water Billing And Data Analytics, Infrastructure Water Management 3) By End-User: Residential Sector, Commercial Sector, Industrial Sector, Municipal Utilities, Agricultural Water Management Subsegments: 1) By Wall Mounted Water Meter: Residential Wall Mounted Water Meter, Commercial Wall Mounted Water Meter, Industrial Wall Mounted Water Meter, Smart Digital Wall Mounted Water Meter, Prepaid Wall Mounted Water Meter 2) By Underground Water Meter: Residential Underground Water Meter, Commercial Underground Water Meter, Industrial Underground Water Meter, Chamber Installed Underground Water Meter, Smart Digital Underground Water Meter

What Is The Driver Of The Electronic Internet Of Things (IoT) Water Meter Market?

The rising water consumption is expected to propel the growth of the electronic Internet of Things (IoT) water meter market going forward. Water consumption refers to the demand for water across residential, commercial, and industrial sectors due to population growth, urbanization, and expanding economic activities. The increase in water consumption is driven by rapid urban expansion, higher living standards, and growing industrial and agricultural usage, which place significant pressure on existing water resources and distribution systems. Electronic IoT water meters support water consumption developments by enabling real-time usage monitoring, accurate billing, leak detection, and efficient demand management, thereby helping utilities optimize water distribution and reduce wastage. For instance, in May 2025, according to the State of the Water Industry (SOTWI) survey by the American Water Works Association, a US-based nonprofit organization, 51.2% of utilities reported increasing total water sales, up from 45.5% in 2024 and 40.0% in 2023, indicating a steady rise in water consumption. Therefore, rising water consumption is driving the growth of the electronic IoT water meter market.

Key Players In The Global Electronic Internet Of Things (IoT) Water Meter Market

Major companies operating in the electronic internet of things (IoT) water meter market are Xylem Inc., Sagemcom SAS, Itron Inc., Landis+Gyr AG, Silicon Laboratories Inc., Badger Meter Inc., Kamstrup A/S, Apator S.A., Suntront Technology Co. Ltd., ZENNER International GmbH & Co. KG, UAB Axioma Metering, Arad Group, Master Meter Inc., Neptune Technology Group Inc., QUNDIS GmbH, Kritsnam Technologies Private Limited, Diehl Metering GmbH, Enthu Technology Solutions India Private Limited, Ningbo Water Meter Group Co. Ltd., Hebei Shanghong Meters Technology Co. Ltd.

Global Electronic Internet Of Things (IoT) Water Meter Market Trends and Insights

Major companies operating in the electronic Internet of Things (IoT) water meter market are focusing on developing advanced solutions, such as LoRa-based smart water meters, to improve remote monitoring, enhance data accuracy, and optimize water resource management. LoRa-based smart water meters refer to intelligent devices equipped with long-range, low-power communication technology that enables real-time transmission of water consumption data to centralized systems for efficient analysis and control. For instance, in May 2024, Diehl Metering, a Germany-based metering solutions company, introduced HYDRUS LoRa, an advanced ultrasonic smart water meter designed for high-precision measurement and long-term reliability. The solution integrates LoRaWAN communication technology, enabling secure, long-range data transmission and supporting utilities with remote meter reading, leak detection, and improved operational efficiency.

What Are Latest Mergers And Acquisitions In The Electronic Internet Of Things (IoT) Water Meter Market?

In September 2025, Netmore Group, a Sweden-based IoT network operator, acquired Arson Metering for an undisclosed amount. With this acquisition, Netmore Group aims to strengthen its capabilities in remote meter reading and expand its smart water and gas management solutions, enhancing its position in utility IoT services across Europe. Arson Metering is a Spain-based provider of metering hardware and IoT-integrated solutions for water and gas utility applications, focusing on advanced measurement, connectivity, and data services.

Regional Insights

North America was the largest region in the electronic Internet of Things (IoT) water meter market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Electronic Internet Of Things (IoT) Water Meter Market?

The electronic Internet of Things (IoT) water meter market consists of sales of smart ultrasonic water meters, electromagnetic IoT water meters, smart mechanical water meters, wireless smart water meters, and automated meter reading water meters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities including downstream manufacturers, wholesalers, distributors, and retailers or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Electronic Internet Of Things (IoT) Water Meter Market Report 2026?

The electronic internet of things (iot) water meter market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the electronic internet of things (iot) water meter industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.