The global intelligent waste management system market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing waste generated globally. According to the data given by World Bank, around 1.3 billion metric tonnes of waste is generated every year across the globe. This factor will fuel the growth of the market during the forecast period
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Due to the rapid urbanization along with the increasing consumption of packaged food, the amount of waste is increasing day by day. The same waste is entering our bodies via the food ecosystem which is causing very serious implications for human beings. The use of intelligent waste management may solve the problem by developing the infrastructure in the cities along with other aspects of waste management such as water management, energy management, traffic management, among others. This will help not only the proper disposal of waste but also will focus on the collection, transportation, and recycling of the waste.
Various municipalities globally are collaborating with the private sector and using technologies such as AI, IoT to tackle the waste problem. In April 2019, Samsonite created the first suitcase produced from waste material and recycled plastics. Such initiatives will boost the growth of the market during the forecast period. Some of the key global players in the intelligent waste management system market include Suez Environmental Services, Veolia Environmental Services, Enevo, Pepperl+Fuchs GmbH, IBM Corporation, and many others.
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Market Coverage
- Segment Covered-
o By Solution
o By Waste Type
- Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape – Suez Environmental Services, Veolia Environmental Services, Enevo, Pepperl+Fuchs GmbH, IBM Corp.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Intelligent Waste Management System Market by Segments
- By Solution
- Fleet Management
- Remote Monitoring
- Analytics
- By Waste Type
- Industrial Waste
- Residential Waste
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