The Latin America, Middle East and Africa Smart Water Meters Market would witness market growth of 11.3% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA Smart Water Meters Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $801.7 million by 2032. The Argentina market is registering a CAGR of 11.6% during (2025 - 2032). Additionally, The UAE market would showcase a CAGR of 9.1% during (2025 - 2032).

Beyond regulatory mandates, the adoption of smart water meters is also propelled by the clear business case they offer for utilities and end-users alike. Utilities benefit from reduced operational costs associated with manual reading, lower rates of customer complaints, and improved cash flows through timely, accurate billing. The ability to quickly identify and resolve leaks or unauthorized connections minimizes water losses—often termed “non-revenue water”—which can constitute a significant portion of total water supplied in some regions. For consumers, smart meters introduce a new level of engagement with water use, empowering behavioral changes that support conservation and cost savings.
Additionally, many smart water meters are now paired with interactive portals and mobile applications that allow users to set consumption alerts, track trends, and receive personalized recommendations for reducing usage. In the commercial sector, water-intensive industries such as food processing, textiles, and pharmaceuticals use smart metering to monitor compliance with regulatory limits, optimize processes, and bolster their environmental, social, and governance (ESG) credentials.
Nigeria’s smart water meters market is nascent but growing, driven by urban water demand and infrastructure challenges. With rapid urbanization and significant non-revenue water losses, smart water meters are emerging as a solution to improve efficiency in cities like Lagos. These devices, though limited in adoption, support Nigeria’s efforts to modernize water management and address water scarcity in a region with economic constraints.
Saudi Arabia’s smart water meters market is expanding rapidly, driven by severe water scarcity and Vision 2030’s focus on sustainable infrastructure. As one of the most water-stressed countries, Saudi Arabia relies on smart water meters to optimize distribution and reduce non-revenue water, particularly in cities like Riyadh. These devices, integrated with IoT, support the kingdom’s smart city projects, ensuring efficient water management in a region heavily dependent on desalination.
Free Valuable Insights: The Worldwide Smart Water Meters Market is Projected to reach USD 16.54 Billion by 2032, at a CAGR of 10.0%
Based on Technology, the market is segmented into AMR, and AMI. Based on Meter Type, the market is segmented into Electromagnetic Meter, Ultrasonic Meter, and Mechanical Meter. Based on Application, the market is segmented into Residential, Commercial, and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Itron, Inc.
- Neptune Technology Group Inc. (Roper Technologies, Inc.)
- Honeywell International Inc.
- Badger Meter, Inc.
- Landis+Gyr Group AG
- Hubbell Incorporated
- Arad Group
- Diehl Stiftung & Co. KG
- B METERS S.R.L.
- Xylem, Inc. (Sensus)
LAMEA Smart Water Meters Market Report Segmentation
By Technology
By Meter Type
- Electromagnetic Meter
- Ultrasonic Meter
- Mechanical Meter
By Application
- Residential
- Commercial
- Industrial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Smart Water Meters Market, by Technology
1.4.2 LAMEA Smart Water Meters Market, by Meter Type
1.4.3 LAMEA Smart Water Meters Market, by Application
1.4.4 LAMEA Smart Water Meters Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.5 Porter Five Forces Analysis
Chapter 5. Value Chain Analysis of Smart Water Meters Market
5.1 Research & Development (R&D):
5.2 Component Sourcing & Procurement:
5.3 Manufacturing & Assembly:
5.4 Software Development & Integration:
5.5 Marketing & Sales:
5.6 Distribution & Logistics:
5.7 Installation & Deployment:
5.8 Post-Sales Services & Support:
5.9 Data Management & Monetization:
Chapter 6. Key Customer Criteria of Smart Water Meters Market
Chapter 7. LAMEA Smart Water Meters Market by Technology
7.1 LAMEA AMR Market by Country
7.2 LAMEA AMI Market by Country
Chapter 8. LAMEA Smart Water Meters Market by Meter Type
8.1 LAMEA Electromagnetic Meter Market by Country
8.2 LAMEA Ultrasonic Meter Market by Country
8.3 LAMEA Mechanical Meter Market by Country
Chapter 9. LAMEA Smart Water Meters Market by Application
9.1 LAMEA Residential Market by Country
9.2 LAMEA Commercial Market by Country
9.3 LAMEA Industrial Market by Country
Chapter 10. LAMEA Smart Water Meters Market by Country
10.1 Brazil Smart Water Meters Market
10.1.1 Brazil Smart Water Meters Market by Technology
10.1.2 Brazil Smart Water Meters Market by Meter Type
10.1.3 Brazil Smart Water Meters Market by Application
10.2 Argentina Smart Water Meters Market
10.2.1 Argentina Smart Water Meters Market by Technology
10.2.2 Argentina Smart Water Meters Market by Meter Type
10.2.3 Argentina Smart Water Meters Market by Application
10.3 UAE Smart Water Meters Market
10.3.1 UAE Smart Water Meters Market by Technology
10.3.2 UAE Smart Water Meters Market by Meter Type
10.3.3 UAE Smart Water Meters Market by Application
10.4 Saudi Arabia Smart Water Meters Market
10.4.1 Saudi Arabia Smart Water Meters Market by Technology
10.4.2 Saudi Arabia Smart Water Meters Market by Meter Type
10.4.3 Saudi Arabia Smart Water Meters Market by Application
10.5 South Africa Smart Water Meters Market
10.5.1 South Africa Smart Water Meters Market by Technology
10.5.2 South Africa Smart Water Meters Market by Meter Type
10.5.3 South Africa Smart Water Meters Market by Application
10.6 Nigeria Smart Water Meters Market
10.6.1 Nigeria Smart Water Meters Market by Technology
10.6.2 Nigeria Smart Water Meters Market by Meter Type
10.6.3 Nigeria Smart Water Meters Market by Application
10.7 Rest of LAMEA Smart Water Meters Market
10.7.1 Rest of LAMEA Smart Water Meters Market by Technology
10.7.2 Rest of LAMEA Smart Water Meters Market by Meter Type
10.7.3 Rest of LAMEA Smart Water Meters Market by Application
Chapter 11. Company Profiles
11.1 Itron, Inc.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.2 Neptune Technology Group, Inc. (Roper Technologies, Inc.)
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.3 Honeywell International, Inc.
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 Recent strategies and developments:
11.3.5.1 Product Launches and Product Expansions:
11.3.6 SWOT Analysis
11.4 Badger Meter, Inc.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent strategies and developments:
11.4.5.1 Acquisition and Mergers:
11.5 Landis+Gyr Group AG
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional Analysis
11.5.4 Research and Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Product Launches and Product Expansions:
11.6 Hubbell Incorporated
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 SWOT Analysis
11.7 Arad Group
11.7.1 Company Overview
11.8 Diehl Stiftung & Co. KG
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Research & Development Expense
11.8.4 Recent strategies and developments:
11.8.4.1 Product Launches and Product Expansions:
11.8.4.2 Acquisition and Mergers:
11.9 B METERS S.R.L.
11.9.1 Company Overview
11.10. Xylem, Inc. (Sensus)
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expense
11.10.5 Recent strategies and developments:
11.10.5.1 Product Launches and Product Expansions:
11.10.5.2 Acquisition and Mergers:
11.10.6 SWOT Analysis
TABLE 1 LAMEA Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 2 LAMEA Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Water Meters Market
TABLE 4 Product Launches And Product Expansions– Smart Water Meters Market
TABLE 5 Acquisition and Mergers– Smart Water Meters Market
TABLE 6 Key Customer Criteria of Smart Water Meters Market
TABLE 7 LAMEA Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 8 LAMEA Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 9 LAMEA AMR Market by Country, 2021 - 2024, USD Million
TABLE 10 LAMEA AMR Market by Country, 2025 - 2032, USD Million
TABLE 11 LAMEA AMI Market by Country, 2021 - 2024, USD Million
TABLE 12 LAMEA AMI Market by Country, 2025 - 2032, USD Million
TABLE 13 Use Case 1: Smart Water Meter Deployment with AMR Technology for Municipal Water Management (2025)
TABLE 14 Use Case 2: AMI-Based Smart Water Meter Deployment for Real-Time Water Management in Smart Cities (2025)
TABLE 15 LAMEA Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 16 LAMEA Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 17 LAMEA Electromagnetic Meter Market by Country, 2021 - 2024, USD Million
TABLE 18 LAMEA Electromagnetic Meter Market by Country, 2025 - 2032, USD Million
TABLE 19 LAMEA Ultrasonic Meter Market by Country, 2021 - 2024, USD Million
TABLE 20 LAMEA Ultrasonic Meter Market by Country, 2025 - 2032, USD Million
TABLE 21 LAMEA Mechanical Meter Market by Country, 2021 - 2024, USD Million
TABLE 22 LAMEA Mechanical Meter Market by Country, 2025 - 2032, USD Million
TABLE 23 Use Case 1: Electromagnetic Smart Water Meter Deployment for Industrial Water Management (2025)
TABLE 24 Use Case 2: Ultrasonic Smart Water Meter Deployment for Urban Residential Water Management (2025)
TABLE 25 Use Case 3: Mechanical Smart Water Meter Deployment for Rural Water Utility Management (2025)
TABLE 26 LAMEA Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 27 LAMEA Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 28 LAMEA Residential Market by Country, 2021 - 2024, USD Million
TABLE 29 LAMEA Residential Market by Country, 2025 - 2032, USD Million
TABLE 30 LAMEA Commercial Market by Country, 2021 - 2024, USD Million
TABLE 31 LAMEA Commercial Market by Country, 2025 - 2032, USD Million
TABLE 32 LAMEA Industrial Market by Country, 2021 - 2024, USD Million
TABLE 33 LAMEA Industrial Market by Country, 2025 - 2032, USD Million
TABLE 34 Use Case 1: Residential Smart Water Meter Deployment for Urban Water Conservation (2025)
TABLE 35 Use Case 2: Commercial Smart Water Meter Deployment for Shopping Mall Water Management (2025)
TABLE 36 Use Case 3: Industrial Smart Water Meter Deployment for Manufacturing Plant Efficiency (2025)
TABLE 37 LAMEA Smart Water Meters Market by Country, 2021 - 2024, USD Million
TABLE 38 LAMEA Smart Water Meters Market by Country, 2025 - 2032, USD Million
TABLE 39 Brazil Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 40 Brazil Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 41 Brazil Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 42 Brazil Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 43 Brazil Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 44 Brazil Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 45 Brazil Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 46 Brazil Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 47 Argentina Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 48 Argentina Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 49 Argentina Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 50 Argentina Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 51 Argentina Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 52 Argentina Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 53 Argentina Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 54 Argentina Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 55 UAE Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 56 UAE Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 57 UAE Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 58 UAE Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 59 UAE Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 60 UAE Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 61 UAE Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 62 UAE Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 63 Saudi Arabia Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 64 Saudi Arabia Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 65 Saudi Arabia Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 66 Saudi Arabia Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 67 Saudi Arabia Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 68 Saudi Arabia Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 69 Saudi Arabia Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 70 Saudi Arabia Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 71 South Africa Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 72 South Africa Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 73 South Africa Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 74 South Africa Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 75 South Africa Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 76 South Africa Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 77 South Africa Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 78 South Africa Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 79 Nigeria Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 80 Nigeria Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 81 Nigeria Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 82 Nigeria Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 83 Nigeria Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 84 Nigeria Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 85 Nigeria Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 86 Nigeria Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 87 Rest of LAMEA Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 88 Rest of LAMEA Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 89 Rest of LAMEA Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 90 Rest of LAMEA Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 91 Rest of LAMEA Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 92 Rest of LAMEA Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 93 Rest of LAMEA Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 94 Rest of LAMEA Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 95 Key Information – Itron, Inc.
TABLE 96 Key Information – Neptune Technology Group, Inc.
TABLE 97 Key Information – Honeywell International, Inc.
TABLE 98 Key Information – Badger Meter, Inc.
TABLE 99 Key Information – Landis+Gyr Group AG
TABLE 100 Key Information – Hubbell Incorporated
TABLE 101 key Information – Arad Group
TABLE 102 Key Information – Diehl Stiftung & Co. KG
TABLE 103 Key Information – B METERS S.R.L.
TABLE 104 key information – Xylem, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Smart Water Meters Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Smart Water Meters Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Porter’s Five Forces Analysis – Smart Water Meters Market
FIG 8 Value Chain Analysis of Smart Water Meters Market
FIG 9 Key Customer Criteria of Smart Water Meters Market
FIG 10 LAMEA Smart Water Meters Market share by Technology, 2024
FIG 11 LAMEA Smart Water Meters Market share by Technology, 2032
FIG 12 LAMEA Smart Water Meters Market by Technology, 2021 - 2032, USD Million
FIG 13 LAMEA Smart Water Meters Market share by Meter Type, 2024
FIG 14 LAMEA Smart Water Meters Market share by Meter Type, 2032
FIG 15 LAMEA Smart Water Meters Market by Meter Type, 2021 - 2032, USD Million
FIG 16 LAMEA Smart Water Meters Market share by Application, 2024
FIG 17 LAMEA Smart Water Meters Market share by Application, 2032
FIG 18 LAMEA Smart Water Meters Market by Application, 2021 - 2032, USD Million
FIG 19 LAMEA Smart Water Meters Market share by Country, 2024
FIG 20 LAMEA Smart Water Meters Market share by Country, 2032
FIG 21 LAMEA Smart Water Meters Market by Country, 2021 - 2032, USD Million
FIG 22 SWOT Analysis: Honeywell international, inc.
FIG 23 SWOT Analysis: Hubbell Incorporated
FIG 24 Recent strategies and developments: Diehl Stiftung & Co. KG
FIG 25 Recent strategies and developments: Xylem, Inc.
FIG 26 Swot Analysis: Xylem, Inc.