Your payment is in progress...

Global Smart Waste Management Market - Segmented By Stage Of Waste Management (Smart Collection, Smart Processing, Smart Disposal), By Type Of Waste (Industrial And Municipal), And Region - Growth, Trends, And Forecast (2018 - 2023)

Published on: Aug 2018 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 92

The Smart Waste Management Market was valued at USD 1.20 billion in 2017, and is expected to reach USD 3.14 billion by 2023, registering a CAGR of 17.4%, during the forecast period of 2018-2023. The report profiles the providers of smart management solutions and platforms that support technologies.

Smart waste management is an important aspect of smart city development (along with water management, energy management, traffic management, etc.), in order to improve the quality of life in urban areas. The increasing number of smart city initiatives across regions therefore supports the growth of the smart waste management market. The waste management industry involves various activities, such as collection, transportation, disposal, and recycling, which have been facing efficiency issues at different stages of waste management. Specifically, the high operational costs corresponding to collection and transport of waste are leading to an increasing adoption of smart waste management.

Across the globe, about 1.3 billion metric ton of waste gets generated every year, and is expected to reach 2.3 billion by 2020, according to the World Bank. This increase can be attributed to the rapid urbanization and industrialization, worldwide. The increasing generation of waste, which consumes more fleet trucks and continuous monitoring, augments the demand for efficient handling, to keep the surroundings free of clutter. Effective waste management often accounts for around 20-50% of municipal budgets, and therefore poses a significant pressure on municipalities. The growing complexity in the logistics of waste collection and need to comply with regulations pertaining to waste processing demand better waste management solutions, which are made possible by the use of technologies, such as IoT sensors, RFID, GPS, etc. Although the smart waste management market is at a nascent phase, it is expected to witness healthy growth, owing to the availability of commercially viable technologies and operational benefits.

The decreasing price of IoT sensors and projected growth of machine-to-machine (M2M) connections, which enable better workflow in different stages of waste management, like processing and disposal, estimated to provide a significant growth potential, for the smart waste management market.

Key players in the market studied are innovators in the waste management industry, including Enevo, Smartbin, Bigbelly Inc., etc., and use high-end sensor-based technologies, to monitor waste at each stage of waste management.

Smart Collection Expected to Contribute the Most

In the smart collection segment, the emergence of IoT has revolutionized and addressed operational costs, for the waste handling companies. The companies that offer smart solutions for waste collection primarily focus on three solutions - intelligent monitoring, route optimization, and analytics. By deploying sensors, network infrastructure, and data visualization platforms, waste management companies have been able to generate actionable insights, to take informed decisions. By using fill level sensors (sometimes also cameras) near the trash bins, companies have been able to plan the fleet trucks in accordance with the volume of trash in bins, thus reducing the unnecessary fleet fuel consumption and contributing to reduce carbon emissions in cities (by up to 60%, according to Senseno).

Municipalities of a few cities across the United States, United Arab Emirates, United Kingdom, etc., in collaboration with smart waste management innovators (such as Enevo, Smartbin, Bigbelly, etc.) are saving around 30% of waste collection costs. Due to the presence of commercially available technology providers, coupled with smart city initiatives, this segment is expected to record robust growth, during the forecast period.

North America Estimated to Account for the Largest Share

North America comprises an increasing number of smart cities and the existing ones are currently under development. Approximately 22% of cities in the United States and Canada have already been implementing strategic programs, compared to just 7% of cities, worldwide. Of the North American regions, the United States alone contributes the majority of the annual waste produced, at approximately 230 million metric ton of trash, the major chunk of which is handled by private entities. Owing to government initiatives that promote sustainability, with the goal of achieving zero waste by 2020, and the penetration of smart city initiatives across the high urban concentration region, North America is expected to account for a lionÕs share in the smart waste management market, during the forecast period.

Key Developments in the Market

¥ Jun 2017: Technology giant Cisco partnered with the Danish government, to deploy an IoT city digital platform, intended for intelligent waste monitoring. SmartBin, an innovator in the smart waste management market, deployed its sensors in a wide range of waste and recycling containers that are integrated with the city digital platform.


Reasons to Purchase this Report

¥ An analysis of various perspectives of the market, with the help of PorterÕs five forces analysis
¥ The segments that are expected to dominate the market
¥ The regional analysis of the market, during the forecast period
¥ The latest developments, market shares, and strategies employed by the major market players and key innovators
¥ 3months analyst support along with the Market Estimate sheet (in Excel)

Customization of the Report

¥ This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

1. Introduction

1.1 Key Study Deliverables

1.2 Market Definition

1.3 Study Assumptions

2. Research Methodology

3. Executive Summary

4. Market Insights

4.1 Market Overview

4.2 Indusrty Attractiveness-Porter's Five Forces Model

4.2.1 Bargaining Power Of Suppliers

4.2.2 Bargaining Power Of The Consumers

4.2.3Threat Of New Entrants

4.2.4 Threat Of Substitutes

4.2.5 Intensity of Competitive Rivalry

5. Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Global Wastage

5.1.2 Rising Adoption of Smart Cities

5.2 Market Restraints

5.2.1 High Initial Costs

5.3 Market Opportunities

5.3.1 Evolution of IoT and Decreasing Sensor Prices

6. Global Smart Waste Management Market Segmentation

6.1 By Stage

6.1.1 Smart Collection

6.1.2 Smart Processing

6.1.3 Smart Energy Recovery

6.1.4 Smart Disposal

6.2 By Waste Type

6.2.1 Industrial Waste

6.2.2 Municipal Waste

6.3 By Region

6.3.1 North America

6.3.2 Europe

6.3.3 Asia-Pacific

6.3.4 South America

6.3.5 Middle East & Africa

7. Competitive Intelligence - Company Profiles

7.1 Enevo

7.2 Smartbin (OnePlus Systems Inc.)

7.3 Bigbelly Inc.

7.4 Covanta Holding Corporation

7.5 BIN-e

7.6 Evoeco

7.7 Compology

7.8 Ecube Labs Co.

7.9 Pepperl+Fuchs GmbH

7.10 RecycleSmart Solutions.

7.11 IBM Corporation

7.12 NordSense

7.13 Nebulae

7.14 Sensoneo

7.15 AcoRecycling

*List not Exhaustive

8. Investment Analysis

9. Future of the Global Smart Waste Management Market

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

The market engineered data is verified and validated by a number of experts, both in-house and external.

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.


Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research.

The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process.

The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage.

Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more.

These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry.

Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
When you place an order with MarketInsightsReports, we try our best to deliver the product as soon as possible. The report will be delivered to you either by email or by physical delivery. If it’s delivered by email the order will be dispatched on the same working day or on the next working day of receipt of payment (unless otherwise specified on our website). There may be exceptions to this if you place order on a non-working day specifically because our publisher partners are located all over the globe. In case of physical delivery report will be couriered to you within 3 working days from the date of the receipt of payment and delivery time will differ based on your location

Any person who has the capacity to make decisions for the business must buy the reports. These reports help management in decision making process. Market research helps person to obtain market information from different sources, and in multiple formats. It aims to study supply and demand, analyze data as per geography, age factors, demography, technology, product, psychographic & gender differences, and many other parameters. Access to in-depth market trends helps person to assess the market effectiveness. Some of the multiple techniques used for market research include customer analysis, choice modeling, competition and risk analysis, product research, advertising the research, marketing mix modeling, simulated test marketing, and more.
Market research studies several features of business environment, such as competitors, market structure, government regulations, economic trends, technological advances and financial analysis of companies, industries, and sectors. This helps person in the decision-making process of planning and implementing strategies for their markets.

The generation of research report is concerned by most clients when purchasing it. Following general steps are taken for generating reports.
1. Choose a topic.
2. Make skeleton catalogue.
3. Fill content. As for report content, there are two main information source, Primary and Secondary data collection. Secondary data collectionrefers to information searched from the Internet or data bought from database. Primary data collection refers to information concluded from telephone interview, face-to-face interview, expert’s interview, meeting etc.
4. Audit the report
5. Publish the report.

With regard to information cost, information searching costs the least, database support the second least, and telephone interview the third least. Face-face interview cost higher, in-depth interview much higher and expert interview the highest. A research may adopt all of these approaches, or just some of them.
In general, a good-quality research report needs 1-3 months to be finished. Time and method varies according to different Publishers. Thus, it’s difficult to define an exact procedure or process of making research report. Both time and cost vary. However, specialization has become a basic industry standard. Professional and dedicated products will be more and more popular.
MarketInsightsReports has focused on various fields such as Life Science, IT, Telecommunication, Food& Beverages, Energy & Power, Automotive & Transportation, Materials& Chemicals, Financial Services and many more. These market research reports are available for all regions around the globe.
When you place an order with MarketInsightsReports, we try our best to deliver the product as soon as possible. The report will be delivered to you either by email or by physical delivery. If it’s delivered by email the order will be dispatched on the same working day or on the next working day of receipt of payment (unless otherwise specified on our website).

There may be exceptions to this if you place order on a non-working day specifically because our publisher partners are located all over the globe. In case of physical delivery report will be couriered to you within 3 working days from the date of the receipt of payment and delivery time will differ based on your location

Please Choose License Type

USD $4250
USD $4500
USD $7000
USD $8750

Why Us

  • Why Us In-depth database
    Our Report’s database covers almost all topics of all regions over the Globe..
  • Recognised publishing sources Recognised publishing sources
    Tie ups with top publishers around the globe.
  • Customer Support Customer Support
    Complete pre and post sales support.
  • Safe & Secure Safe & Secure
    Complete secure payment process.