Digital Waste Management Solution Market
Growth Factors of Digital Waste Management Solution Market
The Digital Waste Management Solution market size was valued at USD 2.61 billion in 2023, and the market is now expected to increase from USD 2.92 billion in 2024 to USD 7.69 billion by 2032, showing a CAGR of 12.9% during the forecast period of 2024-2032.
The COVID-19 pandemic had an adverse effect on Digital Waste Management Solution Market growth, as there were supply chain disruptions, project implementation delays and shrinking budgets driven by the need of governments and companies to tackle immediate health issues. This led to poor uptake of smart waste management systems which contributed in slowing down market expansion throughout this emergency period.
Issue of generation for evading waste and re-cycling has struck a chord with maximum Governments across the globe. Therefore they're presenting help or installing place incentives meant to promote adoption of digital waste management structures. While such help might are available in one-of-a-kind bureaucracy consisting of offers, tax exemptions or reductions among others in Digital Waste Management Solution Market share all goal at making monetary selections less complicated for citizens and companies involved in this region to be able to encourage them in the direction of its adoption.
The incorporation of Deposit Return Schemes (DRS) into sustainability and circular economic system projects is a widespread breakthrough in waste management strategies. However, it's far worth noting that in the DRS, a small deposit is charged on beverage containers to consumers and this deposit can be lower back again to them when they return their empty container or cans for recycling.
Comprehensive Digital Waste Management Solution Market
The Digital Waste Management Solution market is increasing at a rampant rate due to its market segmentation. These segmentations are methodically segregated by Waste Type Analysis, by Application Analysis, by Component Analysis. The Waste Type Analysis such as non-recyclable waste, recyclable waste, and hazardous waste. The Application Analysis includes commercial establishments, smart cities, and private organizations. The Component Analysis includes hardware and software and services.
The North America area lead the Digital Waste Management Solution market with the resource of estimate a market size of USD 0.99 billion in 2023 due to the rapid technological advancements, infrastructure, and a mature IoT ecosystem.
The top players in the market play a crucial role in the Information & Communication Technology industry assuring development and setting market standards. These players such as, Rubicon Technologies, Inc. (U.S.), c-trace GmbH (Germany), Veolia (France), Waste Harmonics (U.S.), AMCS Group (Ireland), SENSONEO (Slovakia), ISB Global (U.K.), Big Belly Solar, LLC. (U.S.) these market players contribute a competitive landscape.
In February 2024, Veolia work together with the Professional Pickleball Association (PPA Tour) for a period of three years so that they can promote an environmentally friendly climate. This cooperation mainly aimed at having better recycling rates and waste collection, establishing sustainable waste refill stations, as well as improving the general environmental performance in PPA Tour events.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 12.9% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Component
- Hardware
- Software and Services
By Waste Type
- Recyclable
- Non-recyclable
- Hazardous
By Application
- Smart Cities
- Commercial Establishments
- Private Organizations
By Region
- North America (By Component, Waste Type, Application, and Country)
- U.S.
- Canada
- Mexico
- Brazil
- Argentina
- Rest of South America
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Turkey
- Israel
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
- China
- India
- Japan
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of Generative AI
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Digital Waste Management Solution Key Players Market Share Insights and Analysis, 2023
- 5. Global Digital Waste Management Solution Market Size Estimates and Forecasts, By Segments, 2019 – 2032
- 5.1. Key Findings
- 5.2. By Component (USD)
- 5.2.1. Hardware
- 5.2.2. Software and Services
- 5.3. By Waste Type (USD)
- 5.3.1. Recyclable
- 5.3.2. Non-recyclable
- 5.3.3. Hazardous
- 5.4. By Application (USD)
- 5.4.1. Smart Cities
- 5.4.2. Commercial Establishments
- 5.4.3. Private Organizations
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. South America
- 5.5.3. Europe
- 5.5.4. Middle East & Africa
- 5.5.5. Asia Pacific
- 6. North America Digital Waste Management Solution Market Size Estimates and Forecasts, By Segments, 2019 – 2032
- 6.1. Key Findings
- 6.2. By Component (USD)
- 6.2.1. Hardware
- 6.2.2. Software and Services
- 6.3. By Waste Type (USD)
- 6.3.1. Recyclable
- 6.3.2. Non-recyclable
- 6.3.3. Hazardous
- 6.4. By Application (USD)
- 6.4.1. Smart Cities
- 6.4.2. Commercial Establishments
- 6.4.3. Private Organizations
- 6.5. By Country (USD)
- 6.5.1. U.S.
- 6.5.2. Canada
- 6.5.3. Mexico
- 7. South America Digital Waste Management Solution Market Size Estimates and Forecasts, By Segments, 2019 – 2032
- 7.1. Key Findings
- 7.2. By Component (USD)
- 7.2.1. Hardware
- 7.2.2. Software and Services
- 7.3. By Waste Type (USD)
- 7.3.1. Recyclable
- 7.3.2. Non-recyclable
- 7.3.3. Hazardous
- 7.4. By Application (USD)
- 7.4.1. Smart Cities
- 7.4.2. Commercial Establishments
- 7.4.3. Private Organizations
- 7.5. By Country (USD)
- 7.5.1. Brazil
- 7.5.2. Argentina
- 7.5.3. Rest of South America
- 8. Europe Digital Waste Management Solution Market Size Estimates and Forecasts, By Segments, 2019 – 2032
- 8.1. Key Findings
- 8.2. By Component (USD)
- 8.2.1. Hardware
- 8.2.2. Software and Services
- 8.3. By Waste Type (USD)
- 8.3.1. Recyclable
- 8.3.2. Non-recyclable
- 8.3.3. Hazardous
- 8.4. By Application (USD)
- 8.4.1. Smart Cities
- 8.4.2. Commercial Establishments
- 8.4.3. Private Organizations
- 8.5. By Country (USD)
- 8.5.1. U.K.
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Benelux
- 8.5.8. Nordics
- 8.5.9. Rest of Europe
- 9. Middle East & Africa Digital Waste Management Solution Market Size Estimates and Forecasts, By Segments, 2019 – 2032
- 9.1. Key Findings
- 9.2. By Component (USD)
- 9.2.1. Hardware
- 9.2.2. Software and Services
- 9.3. By Waste Type (USD)
- 9.3.1. Recyclable
- 9.3.2. Non-recyclable
- 9.3.3. Hazardous
- 9.4. By Application (USD)
- 9.4.1. Smart Cities
- 9.4.2. Commercial Establishments
- 9.4.3. Private Organizations
- 9.5. By Country (USD)
- 9.5.1. Turkey
- 9.5.2. Israel
- 9.5.3. GCC
- 9.5.4. North Africa
- 9.5.5. South Africa
- 9.5.6. Rest of Middle East & Africa
- 10. Asia Pacific Digital Waste Management Solution Market Size Estimates and Forecasts, By Segments, 2019 – 2032
- 10.1. Key Findings
- 10.2. By Component (USD)
- 10.2.1. Hardware
- 10.2.2. Software and Services
- 10.3. By Waste Type (USD)
- 10.3.1. Recyclable
- 10.3.2. Non-recyclable
- 10.3.3. Hazardous
- 10.4. By Application (USD)
- 10.4.1. Smart Cities
- 10.4.2. Commercial Establishments
- 10.4.3. Private Organizations
- 10.5. By Country (USD)
- 10.5.1. China
- 10.5.2. Japan
- 10.5.3. India
- 10.5.4. South Korea
- 10.5.5. ASEAN
- 10.5.6. Oceania
- 10.5.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Schneider Electric
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Rubicon Technologies, Inc.
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. c-trace GmbH
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. AMCS Group
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Waste Harmonics
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. ISB Global
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Sensoneo
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Veolia Group
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. BigBelly
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Evreka
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
- 12. Key Takeaways
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