Report Highlights
The global smart waste management systems market should reach $451.5 billion by 2022 and $675.3 billion by 2027, with a compound annual growth rate (CAGR) of 8.4% during the forecast period of 2022-2027.
Report Includes
- 67 data tables and 25 additional tables
- An up-to-date review and analysis of the global markets for smart waste management systems (IWMS)
- Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the market potential for intelligent waste management systems, opportunities and gaps estimating demand, and impact of COVID-19 on the progress of this market
- In-depth information (facts and figures) concerning major market dynamics, opportunities and challenges, technology advancements, value chain analysis, and competitive environment of the leading market players
- Estimation of the actual market size and revenue forecast for IWMS industry, and corresponding market share analysis based on type of waste, treatment type, waste source, component, and region
- A relevant patent analysis with significant allotments of patent data across each major category
- Company profiles of major players within the industry, including Big Belly Solar LLC, Ecube Labs Co. Ltd., Sensoneo and Veolia
Report Scope
The smart waste management system market is segmented into the follow categories:
- By type of waste: Liquid waste, solid waste, organic waste, recyclable waste, hazardous waste.
- By source of waste: Industrial, healthcare, domestic, hospitality, electronics, others.
- By type of treatment: Chemical treatment, biological treatment, landfill, others.
- By type of component: Hardware—sensors, bins, machinery; software - waste notification software, Fleet monitoring software, waste separation software, DBMS.
- By application: waste to energy, waste to fuel, and landfill gas to energy.
- By region: North America is segmented into the U.S., Canada and Mexico; Europe is segmented into the U.K., France, Germany and Rest of Europe; the U.K. is further segmented into England, Wales, Scotland and Northern Ireland; Asia-Pacific (APAC) is segmented into China, Japan and India; and the Rest of the World (RoW).
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||
| Forecast period considered | 2022-2027 | ||||||||||
| Base year market size | $426.6 billion | ||||||||||
| Market size forecast | $675.3 billion | ||||||||||
| Growth rate | CAGR of 8.4% from 2022 to 2027 | ||||||||||
| Units considered | $ Billions | ||||||||||
| Segments covered | Region, Type of Waste, Source of Waste, Type of Treatment, Business Segment, Application | ||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||
| Key Market Drivers |
|
||||||||||
| Companies studied |
|
||||||||||
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for intelligent waste management systems should grow from $430.1 billion in 2020 to $600.1 billion by 2025, at a compound annual growth rate (CAGR) of 6.9% for the period of 2020-2025.
Report Includes
- 82 tables
- An overview of global market for Intelligent Waste Management Systems (IWMS)
- Analyses of market trends, with data from 2019, estimates for 2020 and projections of compound annual growth rates (CAGRs) through 2025
- Assessment of current market size, market forecast, and explanation of major drivers, restraints, key developments and future outlook of the IWMS
- Characterization and quantification of IWMS market based on waste type, source, treatment, component and region
- Insights into government concerns and initiatives towards waste disposal
- Market share analysis of the leading suppliers of the industry and their detailed company profiles including Covanta Holding Corp., IBM, Sensoneo, Suez Environmental Services, Tata Consultancy Services, Veolia Environmental Services
Related Reports
Quantum Computing: Technologies and Global Markets to 2028
The global quantum computing market reached $713.4 million in 2022, should reach $904.7 million by 2023 and $6.5 billion by 2028 with a compound annual growth rate (CAGR) of 48.1% during the forecast period of 2023-2028.
Nanotechnology in Energy Applications
The global nanotechnology in energy applications market should reach $18.8 billion by 2028 from $9.3 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% for the forecast period of 2023 to 2028.
Thermal and Biological Waste-to-Energy Markets
The global waste-to-energy market reached $35.1 billion in 2022 and should reach $50.8 billion by 2028, with a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2023-2028.
Ozone Generation: Technologies, Markets and Players
The global market for ozone generation is estimated to increase from $1.2 billion in 2022 to reach $1.7 billion by 2027, at a compound annual growth rate (CAGR) of 7.0% from 2022 through 2027.
Recent Reports
Ultrafiltration Membranes: Technologies and Global Markets
The global market for ultrafiltration membranes was valued at $4.9 billion in 2023. The market is expected to grow from $5.2 billion in 2024 to $8.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2029.
Pharmaceutical Filtration: Global Markets
The global market for pharmaceutical filtration was valued at $10.4 billion in 2023. The market is estimated to grow from $11.4 billion in 2024 to $18.1 billion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2029.
Water Filtration: Global Markets
The global market for water filtration is expected to grow from $10.5 billion in 2024 and is projected to reach $19.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.5% during the forecast period of 2024 to 2029.
Seawater and Brackish Water Desalination
The global market for seawater and brackish water desalination is estimated to increase from $17.4 billion in 2023 to reach $25.7 billion by 2028, at a compound annual growth rate (CAGR) of 8.1% from 2023 through 2028.
Global Markets and Technologies for Water Recycling and Reuse
The global water recycling and reuse market should reach $31.9 billion by 2028 from $19.0 billion in 2023 at a compound annual growth rate (CAGR) of 11.0% for the forecast period of 2023 to 2028.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More