Market Overview:
The global smart waste management solution market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of smart waste management solutions and the rising demand for these solutions from various end-use industries. The global smart waste management solution market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into software, hardware, and service. The software segment is expected to account for a major share of the global smart waste management solution market in 2018 owing to its growing demand from various end-use industries. On the basis of application, public occasion and non-public occasion are two key segments that are expected to drive growth in this market duringthe forecast period. Public occasion includes events such as concerts or sports matches that generate a large amountof trash which needs to be managed efficiently.
Product Definition:
A Smart Waste Management Solution is a waste management system that uses sensors, analytics and automation to optimize the collection and disposal of waste. The importance of a Smart Waste Management Solution is that it can help cities and municipalities reduce their costs associated with waste management, while also reducing their environmental impact.
Software:
Software is the part of smart waste management solution and it's used to track, monitor & control the collection, processing & disposal of municipal solid waste. The software also helps in analyzing factors such as material type and volume along with other parameters which help in optimizing the operations.
The global software market size was valued at USD 2.64 billion in 2016.
Hardware:
Hardware is the part of a system that can be physically handled or used to achieve an intended result. In case of smart waste management solution, hardware includes the physical components such as sensors, RFID devices, and others which are used in achieving desired results through software solutions.
Hardware plays a very important role in implementing smart waste management solutions as it helps to automate certain processes which include real-time analysis of solid waste generated from residential areas and commercial complexes.
Application Insights:
The public occasion application segment led the global smart waste management solution market in 2017. This can be attributed to the growing number of events, such as sports events and political gatherings, across various regions. Furthermore, governments are taking initiatives to make waste disposal easy at public occasions by deploying IoT-based solutions for real-time data collection and monitoring.
Non-public occasions include commercial or industrial sites where there is no permanent population living on site; these types of applications require a constant power source for operation as well as connectivity with other systems outside the premises (for instance, a central office). These types of applications need secure wireless connections that provide high data transmission rates over long distances without losing any information during transfer. Hence, they require less maintenance and are more reliable than fixed installations at public occasions.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding sustainability, technological advancements, and government initiatives pertaining to waste management solutions. For instance, in 2015, EPA introduced a program called “Green Power†which helps organizations reduce their carbon footprint by adopting greener technologies such as smart waste management solution for event-based data analysis and forecasting model generation of electricity using anaerobic digestion process across U.S., thereby contributing towards regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising population coupled with increasing disposable income levels especially in developing countries such as India.
Growth Factors:
- Increasing awareness about the benefits of smart waste management solutions among businesses and municipalities
- Rising demand for sustainable and environment-friendly practices across various industries
- Proliferation of Internet of Things (IoT) and big data analytics technologies
- Growing need to optimize operational costs and improve efficiency in waste management processes
- Emergence of innovative startups offering smart waste management solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Waste Management Solution Market Research Report
By Type
Software, Hardware, Service
By Application
Public Occasion, Non-Public Occasion
By Companies
Bigbelly Solar, OnePlus Systems, Compology, Enevo, SmartBin, Urbiotica, IoTsens
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Smart Waste Management Solution Market Report Segments:
The global Smart Waste Management Solution market is segmented on the basis of:
Types
Software, Hardware, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Public Occasion, Non-Public Occasion
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bigbelly Solar
- OnePlus Systems
- Compology
- Enevo
- SmartBin
- Urbiotica
- IoTsens
Highlights of The Smart Waste Management Solution Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Hardware
- Service
- By Application:
- Public Occasion
- Non-Public Occasion
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Waste Management Solution Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Smart Waste Management Solution is a technology-based solution that helps organizations manage their waste more efficiently and effectively. It can include everything from automated sorting and collection to advanced data analysis and predictive modeling.
Some of the major companies in the smart waste management solution market are Bigbelly Solar, OnePlus Systems, Compology, Enevo, SmartBin, Urbiotica, IoTsens.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Waste Management Solution Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Smart Waste Management Solution Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Smart Waste Management Solution Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Smart Waste Management Solution Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Smart Waste Management Solution Market Size & Forecast, 2018-2028 4.5.1 Smart Waste Management Solution Market Size and Y-o-Y Growth 4.5.2 Smart Waste Management Solution Market Absolute $ Opportunity
Chapter 5 Global Smart Waste Management Solution Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Smart Waste Management Solution Market Size Forecast by Type
5.2.1 Software
5.2.2 Hardware
5.2.3 Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Waste Management Solution Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Smart Waste Management Solution Market Size Forecast by Applications
6.2.1 Public Occasion
6.2.2 Non-Public Occasion
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Waste Management Solution Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Waste Management Solution Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Smart Waste Management Solution Analysis and Forecast
9.1 Introduction
9.2 North America Smart Waste Management Solution Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Smart Waste Management Solution Market Size Forecast by Type
9.6.1 Software
9.6.2 Hardware
9.6.3 Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Smart Waste Management Solution Market Size Forecast by Applications
9.10.1 Public Occasion
9.10.2 Non-Public Occasion
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Smart Waste Management Solution Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Waste Management Solution Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Smart Waste Management Solution Market Size Forecast by Type
10.6.1 Software
10.6.2 Hardware
10.6.3 Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Smart Waste Management Solution Market Size Forecast by Applications
10.10.1 Public Occasion
10.10.2 Non-Public Occasion
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Smart Waste Management Solution Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Waste Management Solution Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Smart Waste Management Solution Market Size Forecast by Type
11.6.1 Software
11.6.2 Hardware
11.6.3 Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Smart Waste Management Solution Market Size Forecast by Applications
11.10.1 Public Occasion
11.10.2 Non-Public Occasion
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Smart Waste Management Solution Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Waste Management Solution Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Smart Waste Management Solution Market Size Forecast by Type
12.6.1 Software
12.6.2 Hardware
12.6.3 Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Smart Waste Management Solution Market Size Forecast by Applications
12.10.1 Public Occasion
12.10.2 Non-Public Occasion
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Smart Waste Management Solution Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Waste Management Solution Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Smart Waste Management Solution Market Size Forecast by Type
13.6.1 Software
13.6.2 Hardware
13.6.3 Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Smart Waste Management Solution Market Size Forecast by Applications
13.10.1 Public Occasion
13.10.2 Non-Public Occasion
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Waste Management Solution Market: Competitive Dashboard
14.2 Global Smart Waste Management Solution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bigbelly Solar
14.3.2 OnePlus Systems
14.3.3 Compology
14.3.4 Enevo
14.3.5 SmartBin
14.3.6 Urbiotica
14.3.7 IoTsens