Smart Waste Management Market is predicted to reach USD 10.2 Billion at a CAGR of 13.20% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Smart Waste Management Market” that contains information from 2023 to 2032. The Smart Waste Management market is estimated to register a CAGR of 13.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Smart Waste Management market— Covanta Holding Corporation, Suez Environmental Services, Veolia Environmental Services, IBM Corporation, Bigbelly Inc., Ecube Labs Co Ltd., Waste Management, Inc., Sensoneo and Enevo Oy, among others

Market Highlights

The global Smart Waste Management market is accounted to register a CAGR of 13.20% during the forecast period and is estimated to reach USD 10.2 Billion by 2032.

The Smart Waste Management Market refers to the sector focused on implementing advanced technologies and intelligent systems to optimize the collection, monitoring, and disposal of waste. This includes solutions such as IoT sensors, data analytics, and automation, enabling efficient waste management processes, reducing costs, and promoting sustainability in urban environments.

Segment Analysis

The global Smart Waste Management market has been segmented based on Type, Method and Source

On the basis of Type, the market is segmented into Solid Waste, Special Waste, and E-waste. The market's largest contributor, the solid waste category, is anticipated to expand at a CAGR of 13.4% during the projected period. As developing and developed countries quickly industrialised and urbanised, enormous amounts of solid waste were produced.

Based on Method, the global Smart Waste Management market has been segmented into Smart Collection, Smart Processing, and Smart Energy Recovery & Smart Disposal. The market's largest contributor, the Smart Collection segment, is anticipated to expand at a CAGR of 13.9% during the projected period. Effective garbage collection and transportation are achieved through the application of smart waste management in residential, commercial, and other enterprises.

Based on Source, the global Smart Waste Management market has been segmented into Residential, Commercial, and Industrial. The Residential sector, which accounts for the largest share of the market, is anticipated to expand at a CAGR of 16.8% throughout the course of the projected period. Over the past few years, the residential market has seen an increase in demand for smart waste management.

Regional Analysis

The global Smart Waste Management market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Smart Waste Management market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Smart Waste Management market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Smart Waste Management market comprises of Middle East, Africa, and Latin America.

The North America Smart Waste Management Market dominated this market in 2022. market share with a double CAGR due to an increase in investments in smart cities, the use of smart bins, and creative waste management techniques.

Since many of the nations in the area have effective government policies, along with an additional feature of rising awareness about e-waste management and government initiatives which would demonstrate the market growth in the future, Europe is anticipated to have the fastest expanding smart waste management market.

Due to the apparent measures implemented by stakeholders in numerous countries throughout the area, South America is predicted to grow gradually throughout the anticipated time. Similar to the Middle East, the region's economies like Saudi Arabia and the United Arab Emirates are constantly embracing and promoting new methods of recycling and disposing of waste in order to achieve environmental sustainability and environmental preservation.

Key Findings of the Study

• The global Smart Waste Management market is expected to reach USD 1.75 Billion by 2030, at a CAGR of 24.38% during the forecast period.


• The North America Smart Waste Management Market dominated this market in 2022. market share with a double CAGR due to an increase in investments in smart cities, the use of smart bins, and creative waste management techniques.


• Based on Type, The market's largest contributor, the solid waste category, is anticipated to expand at a CAGR of 13.4%


• Covanta Holding Corporation, Suez Environmental Services, Veolia Environmental Services, IBM Corporation, Bigbelly Inc., Ecube Labs Co Ltd., Waste Management, Inc., Sensoneo and Enevo Oy, among others