Publicly traded digital water companies tracked by Bluefield have reported an average increase in quarterly revenues of 6.3% between Q3 2023 and Q3 2024. In earnings calls, companies noted resilient demand for digital water solutions, particularly in the smart metering sector. Lead times have largely normalized following post-COVID-19 supply chain shocks, positively impacting revenues of major publicly traded metering providers (e.g., Xylem, Mueller Water Products, and Itron).
This quarterly analysis highlights key trends in project and policy development, mergers & acquisitions (M&A), and early-stage funding in digital water globally. Notable market events in digital water are included in this analysis. The data collected in this analysis is also presented in Bluefield’s Data Navigator, an online, interactive platform for projects, M&A, forecasts, and market data shaping global water markets.
In this Digital Water Quarterly Review:
- Top publicly traded digital water firms point to meter market growth
- Digital water M&A and VC investment activity on par with 2023
- Telecommunication companies play an increasingly influential role in the digital transformation of water utilities
- Artificial intelligence is a winning strategy for utilities and vendors
