Throughout the past years, governments, industries, and researchers have shown increasing interest in incorporating smart techniques, including sensor monitoring, real-time data transmitting, and real-time controlling into water systems. However, the design and construction of such a smart water system are still not quite standardized for massive applications due to the lack of consensus on the framework. The major challenge impeding wide application of the smart water network is the unavailability of a systematic framework to guide real-world design and deployment. To address this challenge, this review study aims to facilitate more extensive adoption of the smart water system, to increase effectiveness and efficiency in real-world water system contexts. A total of 32 literature pieces including 1 international forum, 17 peer-reviewed papers, 10 reports, and 4 presentations that are directly related to frameworks of smart water system have been reviewed. A new and comprehensive smart water framework, including definition and architecture, was proposed in this review paper. Two conceptual metrics (smartness and cyber wellness) were defined to evaluate the performance of smart water systems. Additionally, three pieces of future research suggestions were discussed, calling for broader collaboration in the community of researchers, engineers, and industrial and governmental sectors to promote smart water system applications.