The global smart water metering market is projected to reach USD 9.6 billion by 2024 from an estimated USD 5.9 billion in 2019, at a CAGR of 10.3% during the forecast period.

Factors such as increasing focus towards reducing non-revenue water, retrofitting of aging water infrastructure, and the need for accurate billing are driving the market globally.

The smart water metering market is expected to grow from an estimated USD 3.88 Billion in 2016 to USD 5.51 Billion by 2021, at a CAGR of 7.23% from 2016 to 2021.

Increasing focus towards reducing non-revenue water, retrofitting of aging water infrastructure, and the need for accurate billing are the major factors driving the market.

Factors such as increasing focus towards reducing non-revenue water, retrofitting of aging water infrastructure, and the need for accurate billing are driving the market globally.

Factors such as increasing focus towards reducing non-revenue water, retrofitting of aging water infrastructure, and the need for accurate billing are driving the market globally.