Smart Waste Collection Technology Market Size, Share, By Solution (Network Management, Optimization Solutions, Asset Management, Reporting and Analytics Solutions, and Others), Service (Managed and Professional), Technology (IoT Sensors, Smart Bins, GPS Tracking, and Others), End-User (Municipalities, Manufacturing & Industrial, Healthcare, Construction, Food & Retail, and Others), and Region - Trends, Analysis, and Forecast till 2035

• By 2035, the market is contemplated to enlarge at USD 9.0 Billion.
• Smart waste collection technology market size was valued at USD 2.6 Billion within 2024.
• Target market is developing at a CAGR of 13.3%.

Smart waste management is the use of technology and data to optimize waste management practices from sorting waste into various streams to collection, transport, disposal, and recycling processes. The smart waste collection technology market growth is rely on many factors including increasing waste generation, investment and funding by government, rapidly evolving urbanization, integration of advance technologies, rising awareness regarding environmental impact of waste management, requirement for more efficient waste management solutions, and others.

The Influence of AI in Smart Waste Collection Technology:

Artificial intelligence (AI) is playing a pivotal role in optimizing waste collection routes. By analyzing data from IoT sensors and historical collection patterns, AI can identify the most efficient routes for waste trucks. This reduces fuel consumption, lowers emissions, and improves overall operational efficiency. Advanced AI systems can also adapt in real-time to traffic patterns and road conditions, ensuring timely waste collection even in congested urban areas.

Key Drivers of Target Market:

Cost Efficiency of Smart Waste Collection Technology is Fostering the Market Growth

By streamlining routes, reducing fuel use, and improving resource allocation, intelligent waste management drastically reduces operating costs. It optimizes collection procedures, ensuring effective truck routes and reducing needless stops through real-time data analytics. This increases the longevity of collection vehicles while also lowering fuel costs.

• For instance, in January 2022, Taoglas, a leading provider of advanced technology for a smarter World, launched its Taoglas Waste Insights solution for the North American market. Taoglas Waste Insights has been the leading waste management solution in Australia for the past decade. It is an industry leading, comprehensive offering for cities and enterprises to gather actionable insights and successful outcomes toward a more cost-effective and sustainable operation.

Restraints:

Lack of Technical Knowledge Can Hamper Market Expansion

Despite the advantages of any technical solution to a work practice or operation, a new approach to doing something can be a difficult thing to adapt to and for this reason, some organizations may see their lack of understanding or technical ability a reason for not changing.

• Counterbalance Statements: Choosing write technical solution and giving training to working personals to improve their technical expertise can reduced this problem.

Opportunities & Market Trends:

Smart Recycling System can Responsible for Market Scaling Up

Smart recycling systems are designed to improve recycling rates by using AI and robotic sorting technologies. These systems can identify and sort recyclable materials with high precision, reducing contamination, and improving the quality of recycled products. Additionally, these systems are being integrated with consumer-facing applications, allowing individuals to track their recycling contributions and incentivizing better waste segregation practices.

• For instance, in March 2022, Nagpur Smart and Sustainable City Development Corporation Limited (NSSCDCL), in association with Nagpur Municipal Corporation, India, has launched QR-based garbage collection alert system to monitor waste collection in the city. This innovative system addressed the irregular garbage collection problem.

The market is distributed into solution, service, technology, end-user, and region.

Solution

Appertaining to Solution, the market is categorized into network management, optimization solutions, asset management, reporting and analytics solutions, and others. Reporting and analytics solutions are expected to have the largest smart waste collection technology market share. This is due to the increased use of connected devices, which generates large amounts of data.

Service

Managed and professional are services upon which the market is bifurcated. The management service held the largest market share driven by the need for efficiency, optimization, and sustainability.

Technology

IoT sensors, smart bins, GPS tracking and others are technology segment of the market. The GPS tracking technology dominate the market due to the growing demand and widespread usage.

• For instance, in March 2021, Sensoneo, a global provider of smart waste management solutions, has introduced its new solution to manage and resolve some of the biggest waste-related challenges a lack of efficiency and transparency. WatchDog includes everything in a single device using highly innovative technologies to maximize data accuracy, ensure correct GPS tracking, and to guarantee secure data backup.

End-Users

The market is pigeonholed into municipalities, manufacturing & industrial, healthcare, construction, food & retail, and others, on account of end-users. The municipalities segment contributes to market growth due to the increasing amount of waste produced by households, parks, hospitals, and government organizations. 

Regional

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America: This region has the largest smart waste collection technology market share. The growth is attributed due to a number of factors, including rising smart city initiatives, strong government regulations that promote sustainable waste management practices, higher adoption of advance technologies, soaring environmental concern regarding reduction of waste, and environmental impact.

• For instance, in May 2024, ISB Global, a U.K.-based provider of software to waste management operators around the world, launched its market-leading software solution Waste and Recycling One (WR1) in the U.S. Two major U.S. waste hauliers are already to go live with WR1, and the product is attracted significant interest among other leading North American waste management operators.

Asia Pacific: This region is expected to be the fastest growing market for smart waste collection technology. This is due to the region’s growing population, which has led to increased waste output, rapid industrialization, increasing environmental awareness, rising investment in smart city initiatives, and others. 

• For instance, in December 2024, Waste management solutions provider Blue Planet Environmental Solutions announced the acquisition of New Zealand-based Smart Environmental Group Ltd. The acquisition strengthens Blue Planet’s position in the Asia-Pacific region and demonstrates its commitment to driving innovative, sustainable practices in waste management, Blue Planet said in a release without revealing the acquisition cost.

Smart Waste Collection Technology Market Report Scope:

Segmentation:

By Solution:

• Network Management
• Optimization Solutions
• Asset Management
• Reporting and Analytics Solutions
• Others

By Service:

• Managed
• Professional

By Technology:

• IoT Sensors
• Smart Bins
• GPS Tracking
• Others

By End Users:

• Municipalities
• Manufacturing & Industrial
• Healthcare
• Construction
• Food and Retail
• Others

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The companies operating in the market are Veolia, Bigbelly, Ecube Labs, SENSONEO, Enevo, Inc., and others which are applying plan of action including new product launch, partnership, acquisitions, investments, rising focus on innovation of new technologies, and others for contributing to market expansion.  

List of Key Players in the Market:

• Veolia
• Bigbelly
• Ecube Labs
• SENSONEO
• Enevo, Inc.
• Bine sp. z o. o.
• Evreka
• Pepperl+Fuchs SE
• RTS Holding, Inc.
• Rubicon Technologies, Inc.
• Resourcify GmbH
• Waste Logics Software
• ecoATM, LLC
• RecycleSmart

• In June 2023, Rubicon Technologies, Inc., a leading digital marketplace for waste and recycling and provider of innovative software-based products for businesses and governments worldwide, announced the successful launch of Rubicon’s technology across the City and County of Denver, Colorado’s entire fleet of more than 150 solid waste and recycling vehicles, to help enhance the CCD’s residential waste and recycling services.
• In August 2021, The Ministry of ICT and Innovation (MINICT) alongside the City of Kigali and Rwanda Information Society Authority (RISA) in partnership with Smart Africa and the Norwegian Development Agency (NORAD), has launched a Smart Waste Management and Collection pilot project as part Rwanda’s Smart Cities initiatives. The project aims to improve and enhance solid waste management practices using technology and innovation.

Analyst View:      

The smart waste collection technology market is growing as cities and municipalities use technology to improve waste management. The market growth is depend on the rising demand for sustainable, energy-efficient technologies across various sectors, including municipalities, industries, and residential areas.

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