Smart water management has become a key policy issue for the 21st century, as a growing number of factors are impacting the delivery of already scarce fresh water to millions of people. Economic growth, seasonal climatic conditions and rising population are all affecting availability of water resources. Moreover, a number of effects linked to climate change, such as lengthy droughts and extreme weather events, are worsening the situation. This ITU-T Technology Watch Report provides an overview of how ICT can be a strategic enabler for smart water management policies and surveys upcoming ICT standards that will enable smart water initiatives.