As of 2023, 97.70% of the urban population in the US used safely managed drinking water services. Forecasts for the subsequent years indicate a steady increase, reaching 98.11% by 2028, demonstrating a positive trend with slight year-on-year growth. The year-on-year percentage increases are minimal but consistent, reflecting a stable upward trajectory. Over the last five years, the Compound Annual Growth Rate (CAGR) is approximately 0.1%, indicating incremental improvements.
Future trends to watch for:
- Technological advancements in water purification and distribution.
- Urbanization patterns impacting water service infrastructure.
- Environmental and regulatory changes affecting water quality and availability.
- Resource allocation for maintaining and upgrading water facilities.
