Smart Waste Management Market, By Solution (Asset Management, Analytics & Reporting, Fleet Tracking and Monitoring, and Mobile Workforce Management), By Service (Consulting and Managed), By Application (Retail, Manufacturing and Healthcare), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI247319 | Publish Date: May 2023 | No. of Pages: 164

Global Smart Waste Management Market Overview

Introduction:

While advancing the technology of trash pickup, smart waste management solutions allow users to save money. In order to warn clients when a waste container is full, the OnePlus Metro ultrasonic trash can sensor has been added to the product line of the OnePlus Corporation, a developer of waste monitoring sensor systems. Businesses in the smart waste collection industry are putting more effort into developing websites that let users quickly monitor the capacity of trash cans. Smart Waste Management Market  accounted for US$ 1.56 billion in 2020 and is estimated to be US$ 15.40 billion by 2030 and is anticipated to register a CAGR of 26.0%.

Global Smart Waste Management Market Dynamics

Smart waste management has the advantage of enabling sustainable trash processing and management through the use of Internet of Things (IoT), sensors, and data analytics. Rapid urbanisation and industrialization are expected to produce enormous volumes of waste, necessitating the adoption of smart waste management systems, which is anticipated to fuel market growth. Additionally, it is anticipated that a rise in smart city initiatives will fuel the growth of the market for smart waste management. As an illustration, the Canadian government spent $65 million in 2017 on smart cities in places like Vancouver and Toronto. Smart trash management is a growing business due to rising environmental consciousness and a commitment to long-term waste management.    

Global Smart Waste Management Market Segmentation

 

Source: Prophecy Market Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Global Smart Waste Management Market is segmented based on solution, service, application, and region. On the basis of solution, the Global Smart Waste Management Market is segmented into Asset Management, Analytics & Reporting, Fleet Tracking and Monitoring, and Mobile Workforce Management. On the basis of service, the Global Smart Waste Management Market is segmented into Consulting and Managed. On the basis of application, the Global Smart Waste Management Market is segmented into Retail, Manufacturing, and Healthcare.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On basis of region the Global Smart Waste Management Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Over the forecast period, North America is anticipated to be the primary target market, followed by Europe. The main forces influencing the growth of the target market in the area are technological developments and a rise in the adoption of smart city initiatives across numerous industrial verticals. The target market in North America has grown as a result of strict government laws and regulations pertaining to smart waste management

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020– 2030

Market representation

Revenue in USD Billion & CAGR from 2020 to 2030

Market Segmentation

By Solution – Cloud Computing, Data Center, Enterprise Application, and IT Security.  

By Soervice – Consulting and Managed

By Application – Retail, Manufacturing and Healthcare

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Smart Waste Management report based on test, application, and region.

Global Smart Waste Management Market, By Solution:

  • Amin Asset Management
  • Analytics & Reporting
  • Fleet Tracking and Monitoring
  • Mobile Workforce Management

Global Smart Waste Management Market, By Service:

  • Consulting
  • Managed

Global Smart Waste Management Market, By Application:

  • Retail
  • Manufacturing
  • Healthcare

Global Smart Waste Management Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Smart Waste Management Market Key Players

The key players operating the Global Smart Waste Management Market includes SAP SE, International Business Machines (IBM) Corporation, Waste Management, Inc, Bigbelly Solar, Inc., Ecube Labs Co., Ltd., Urbiótica, S.L., Pepperl Fuchs GmbH, Covanta Energy LLC, Suez Environment Holding BE and Republic Services Group LLC. The global smart waste management market has seen a number of trends, including improvements in the product and the manufacturing process, new introductions, and strategic alliances. To enhance their positions in the international market for smart waste management, key players have used mergers and acquisitions and new product developments. For instance, in April 2019, Samsonite and Suez Environment Holding BE cooperated to produce the first suitcase line made from recycled plastics. This collection was distributed by LyondellBasell.

Global Smart Waste Management Market Company Profile

  • SAP SE*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • International Business Machines (IBM) Corporation
  • Waste Management, Inc
  • Bigbelly Solar, Inc.
  • Ecube Labs Co., Ltd.
  • Urbiótica, S.L.
  • Pepperl Fuchs GmbH
  • Covanta Energy LLC
  • Suez Environment Holding BE
  • Republic Services Group LLC

 “*” marked represents similar segmentation in other categories in the respective section

Global Smart Waste Management Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Smart Waste Management Strategies
      • Key Questions this Study will Answer
        • By Solution (Asset Management, Analytics & Reporting, Fleet Tracking and Monitoring, and Mobile Workforce Management)
        • By Service (Consulting and Managed)
        • By Application (Retail, Manufacturing and Healthcare)
        • By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Smart Waste Management Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles

 

  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
    • SAP SE
    • International Business Machines (IBM) Corporation
    • Waste Management, Inc
    • Bigbelly Solar, Inc.
    • Ecube Labs Co., Ltd.
    • Urbiótica, S.L.
    • Pepperl Fuchs GmbH
    • Covanta Energy LLC
    • Suez Environment Holding BE
    • Republic Services Group LLC
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The Global Smart Waste Management Market report segments the market basis of solution, service, application, and region.

Rapid urbanisation and industrialization are predicted to generate massive amounts of garbage, which would necessitate the use of smart waste management systems, which is expected to drive market expansion.

Europe is growing at the highest CAGR over 2021- 2026.

The leading players operating in the Global Smart Waste Management Market includes SAP SE, International Business Machines (IBM) Corporation, Waste Management, Inc, Bigbelly Solar, Inc., Ecube Labs Co., Ltd., UrbiĆ³tica, S.L., Pepperl Fuchs GmbH, Covanta Energy LLC, Suez Environment Holding BE and Republic Services Group LLC.