| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 3.54 Billion |
| Market Size (2030) | USD 7.15 Billion |
| CAGR (2025 - 2030) | 15.08 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Smart Waste Management Market Analysis
The Smart Waste Management Market size is estimated at USD 3.54 billion in 2025, and is expected to reach USD 7.15 billion by 2030, at a CAGR of 15.08% during the forecast period (2025-2030).
The waste management industry trends are undergoing a significant digital transformation driven by the integration of advanced technologies and IoT waste management solutions. According to Ericsson's latest forecasts, the adoption of short-range Internet of Things (IoT) devices is projected to reach 25 billion by 2027, while wide-area IoT devices are expected to hit 5.4 billion, enabling more sophisticated waste monitoring and collection systems. This technological revolution has led to the emergence of automated sorting systems, smart bins with embedded sensors, and real-time monitoring capabilities that are revolutionizing traditional waste management practices.
The scale of global waste generation continues to present significant challenges for municipalities and waste management authorities worldwide. According to recent World Bank data, global municipal solid waste generation stands at 2.01 billion tonnes annually, with projections indicating an increase to 3.4 billion tonnes by 2050. The chemical manufacturing industry plays a particularly significant role, managing over 55% of all TRI chemical waste, highlighting the growing need for smart waste solutions in industrial waste management.
Industry stakeholders are increasingly focusing on developing innovative solutions to address mounting waste management challenges. For instance, in February 2023, a UK start-up secured USD 17 million in financing for its AI-based robotic waste sorting system, which operates twice as fast as conventional systems. Similarly, in November 2023, the Dotonbori district in Osaka implemented the SmaGO system, featuring solar-powered smart bins with automated compression capabilities and real-time monitoring through smartphone applications.
Environmental sustainability has become a cornerstone of modern waste management strategies, with governments worldwide implementing ambitious targets and regulations. Canada's recent initiative to eliminate single-use plastics in government operations exemplifies this trend, with a target to remove 75% of plastic waste from public administrations by 2030. In the United States, various cities are pioneering zero-waste infrastructure approaches, as evidenced by NYC Council's passage of the "Zero Waste Act" in June 2023, which mandates recycling and introduces comprehensive curbside organics collection programs.
Smart Waste Management Market Trends
Increasing Volumes of Waste to Boost the Market
The exponential growth in waste generation across global regions has become a critical driver for smart waste management solutions. According to the World Bank's latest projections, waste generation is expected to reach 3.40 billion tons by 2050, more than twice the anticipated population growth over the same period. This surge is particularly evident in high-income countries, which generate about 34% of the world's waste despite accounting for only 16% of the global population, producing approximately 683 million tonnes annually.
The composition and complexity of waste streams have evolved significantly, creating new challenges that traditional waste management systems struggle to address. For instance, in 2023, Geminor handled Europe's 2,403,820 tonnes of waste fractions for material recycling and energy recovery, marking a 32% growth from 2022's total of 1,815,281 tonnes. Residual waste for energy recovery (RDF/SRF) accounted for approximately 74% in 2023, demonstrating the increasing sophistication required in waste management technology solutions. This trend is further exemplified by the rising volumes of e-waste, with projections indicating an increase to 27.22 million tons by 2030, growing at an average annual rate of 10.4%.
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Rising Adoption of Smart Cities to Flourish the Market
The global push toward smart city development has emerged as a crucial catalyst for smart waste management market growth. According to the UAE Ministry of Economy, the global smart cities market is forecast to double to nearly USD 873.7 billion by 2026 from USD 457 billion in 2021. Saudi Arabia and the United Arab Emirates alone are anticipated to invest nearly USD 50 billion in smart city projects through 2025, with waste management being a critical component of these initiatives. This substantial investment in smart city infrastructure creates an ideal environment for the implementation of advanced smart waste management system solutions.
Recent developments demonstrate the accelerating pace of smart city initiatives worldwide. In November 2023, the Smart Cities Council launched in the United Kingdom, expanding the concept of "smart" beyond infrastructure to encompass people, safety, sustainability, and inclusion. Similarly, in November 2023, Indonesian multinational telecommunications conglomerate Telkom Indonesia and South Korean telecommunications giant KT Corp signed an MoU to collaborate on smart city projects in the new capital, Nusantara. These initiatives are complemented by technological innovations, such as Madrid's implementation of 11,100 filling sensors with a smart waste management platform in February 2023, showcasing how smart city development directly drives the adoption of intelligent waste management solutions.
Segment Analysis: By Solution
Fleet Management Segment in Smart Waste Management Market
Fleet Management continues to dominate the smart waste management market, commanding approximately 49% of the market share in 2024. This segment's prominence is driven by several factors that emphasize the need for efficiency, optimization, and sustainability in waste collection and transportation. The integration of GPS and Internet of Things (IoT) technologies enables real-time tracking of waste collection vehicles, providing valuable insights into operational efficiency and areas for improvement. Fleet management solutions incorporate route optimization software, allowing waste management authorities to plan more efficient collection routes, minimize fuel consumption, and reduce operational costs. Additionally, the implementation of predictive maintenance programs through data analytics and machine learning algorithms helps anticipate potential mechanical failures, schedule preventive maintenance, and avoid costly downtime. The segment's strength is further reinforced by its comprehensive approach to performance analysis, enabling authorities to evaluate factors like fuel efficiency, driving behavior, and route adherence.
Analytics Segment in Smart Waste Management Market
The Analytics segment is projected to experience the highest growth rate in the smart waste management market, with an expected CAGR of approximately 17% during the forecast period 2024-2029. This remarkable growth is driven by the increasing adoption of data-driven decision-making in waste management operations. Waste analytics solutions leverage big data generated by IoT sensors to enhance waste management systems through valuable insights and automation capabilities. These solutions are revolutionizing traditional pick-up schedules by moving away from fixed intervals to demand-based collections, significantly reducing unnecessary emptying of half-full bins and preventing overflow situations. The segment's growth is further accelerated by the integration of prediction algorithms that continuously improve efficiency and cost savings over time. Advanced analytics capabilities enable more accurate demand forecasting and resource allocation, allowing waste management companies to better anticipate waste generation patterns, seasonal fluctuations, and demographic trends.
Remaining Segments in Smart Waste Management Market by Solution
The Remote Monitoring segment plays a crucial role in the smart waste management ecosystem by providing real-time oversight of waste collection operations. This segment leverages advanced technologies like Fiber-to-the-Home (FTTH) to optimize operations and enhance efficiency through remote monitoring capabilities. Remote monitoring solutions enable waste management companies to track waste levels in containers and bins without manual inspections, leading to more accurate and timely decision-making regarding collection frequencies and routes. The segment also incorporates sophisticated sensor technologies capable of identifying contaminants or hazardous materials, allowing for swift response to potential environmental hazards and ensuring compliance with safety regulations.
Segment Analysis: By Waste Type
Residential Waste Segment in Smart Waste Management Market
The residential waste segment dominates the smart waste management market, accounting for approximately 84% of the total market share in 2024. This significant market share is primarily driven by increasing population density and urbanization, which result in higher demand for housing, infrastructure, and consumer goods, leading to greater levels of waste generation in residential areas. The prevalence of single-use packaging materials, plastic packaging, and convenience-oriented products has contributed substantially to higher levels of packaging waste generated by households. Additionally, the rise of e-commerce platforms and online shopping trends has resulted in higher volumes of packaging materials, cardboard boxes, and shipping materials delivered to residential addresses, further expanding the segment's dominance in the market. The implementation of smart bin technology equipped with sensors for waste level detection and targeted collection efforts has also enhanced the efficiency of residential waste management systems.
Industrial Waste Segment in Smart Waste Management Market
The industrial waste segment is projected to witness the highest growth rate in the smart waste management market, with an expected CAGR of approximately 18% during the forecast period 2024-2029. This accelerated growth is driven by rapid industrialization and increasing manufacturing activities across various sectors. Waste management automation solutions are being increasingly adopted to handle the complex waste streams generated by industrial processes, incorporating technology, data analytics, and automation to optimize collection, sorting, recycling, and disposal operations. The integration of monitoring systems, sensors, and digital platforms has significantly improved efficiency and enhanced resource utilization in industrial waste management operations. Furthermore, growing environmental concerns and stringent regulatory requirements for industrial waste disposal have prompted industries to invest in advanced waste management solutions, contributing to the segment's rapid growth trajectory.
Smart Waste Management Market Geography Segment Analysis
Smart Waste Management Market in North America
North America represents a mature market for smart waste management solutions, driven by advanced technological infrastructure and strong government initiatives promoting sustainable waste management practices. The United States and Canada are the key markets in this region, with both countries showing significant adoption of IoT-enabled waste collection systems and smart waste systems. The region's growth is primarily fueled by various smart city waste management initiatives, stringent environmental regulations, and an increasing focus on reducing operational costs in waste management.
Smart Waste Management Market in United States
The United States dominates the North American smart waste management market as the largest country segment. The nation's leadership position is supported by the extensive implementation of strategic waste management programs across major cities and municipalities. With approximately 88% share of the North American market in 2024, the United States demonstrates strong adoption of smart waste management solutions. The country's growth is driven by government initiatives promoting sustainability, the penetration of smart city waste management initiatives across highly urbanized regions, and an increasing focus on efficient waste collection and disposal practices.
Smart Waste Management Market in Canada
Canada represents a growing market for smart waste management solutions, with a forecasted growth rate of approximately 13% from 2024 to 2029. The country's market is characterized by increasing industrialization and expansion of the residential sector, which creates substantial demand for smart waste management solutions. Canadian cities and municipalities are actively seeking innovative solutions to address waste management challenges, improve efficiency, and promote sustainability. The government's initiatives to create a clean environment and reduce waste material are driving the adoption of smart waste management systems across the country.
Smart Waste Management Market in Europe
Europe demonstrates a strong commitment to smart waste management solutions, supported by progressive environmental policies and technological innovation across the region. The market landscape spans key countries, including Germany, the United Kingdom, France, Spain, and Italy, each contributing significantly to the regional market development. The region's growth is driven by increasing urbanization, stringent waste management regulations, and widespread adoption of smart city waste management initiatives.
Smart Waste Management Market in Germany
Germany leads the European smart waste management market with approximately 21% share of the regional market in 2024. The country's dominance is attributed to its advanced waste management infrastructure and strong focus on technological innovation. Germany applies a five-stage waste hierarchy: prevention, reuse preparation, recycling, alternative forms of recovery, and disposal, making it one of the most advanced nations in terms of waste management technology and systems globally.
Smart Waste Management Market in United Kingdom
The United Kingdom exhibits the highest growth potential in the European region, with a projected growth rate of approximately 18% from 2024 to 2029. The country's rapid market expansion is driven by the increasing implementation of sensors, IoT devices, and data analytics to optimize waste collection and improve efficiency. The UK's commitment to environmental sustainability and smart city waste management initiatives has led to significant investments in smart waste management technologies, particularly in urban areas.
Smart Waste Management Market in Asia-Pacific
The Asia-Pacific region represents a dynamic market for smart waste management solutions, characterized by rapid urbanization, increasing environmental awareness, and growing government initiatives. Key markets include China, India, Australia, and Japan, each contributing uniquely to the regional market development. The region's transformation is driven by smart city waste management initiatives, rising environmental concerns, and the need for efficient waste management systems in rapidly growing urban areas.
Smart Waste Management Market in China
China emerges as the largest market in the Asia-Pacific region, demonstrating strong adoption of smart waste management solutions. The country's leadership in the market is supported by extensive implementation of smart city waste management technologies and significant investments in waste management infrastructure. The Chinese State Council's initiatives for developing zero-waste cities and the integration of artificial intelligence in waste management systems showcase the country's commitment to advanced waste management solutions.
Smart Waste Management Market in Australia
Australia represents the fastest-growing market in the Asia-Pacific region, showing remarkable progress in smart waste management adoption. The country's growth is driven by a strong focus on sustainability initiatives and environmental protection measures. The implementation of AI-powered smart waste systems and advanced waste sorting technologies demonstrates Australia's commitment to innovative waste management solutions, particularly in urban areas.
Smart Waste Management Market in Rest of the World
The Rest of the World region, encompassing Latin America, the Middle East, and Africa, shows increasing adoption of smart waste management solutions. The market growth in these regions is primarily driven by rapid urbanization, industrialization, and an increasing focus on sustainable waste management practices. While the market is still developing, significant investments in smart city waste management initiatives, particularly in the Middle East, are creating new opportunities for smart waste management solutions. The United Arab Emirates leads the market in this region, while Brazil shows the fastest growth potential, driven by increasing adoption of smart city technologies and government initiatives promoting sustainable waste management practices.
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Smart Waste Management Market Overview
Top Companies in Smart Waste Management Market
The smart waste management companies market features established players like SAP SE, Veolia Environmental Services, IBM Corporation, and Waste Management Inc., alongside innovative specialists like Enevo, Bigbelly Inc., and BIN-e. These companies are driving market evolution through continuous product innovation, particularly in AI-enabled waste sorting systems, IoT-based monitoring solutions, and cloud-integrated management platforms. Strategic partnerships and acquisitions remain crucial for expanding service portfolios and geographical reach, as demonstrated by Covanta's multiple acquisitions to strengthen its environmental service offerings. Companies are increasingly focusing on developing comprehensive end-to-end smart waste management solutions that combine hardware, software, and analytics capabilities to provide more value to customers. The emphasis on operational agility is evident in the deployment of smart bins, automated collection routes, and real-time monitoring systems that optimize waste management operations.
Dynamic Market Structure Drives Industry Evolution
The smart waste management market exhibits a balanced mix of global conglomerates and specialized solution providers, each bringing unique strengths to the industry. Large multinational corporations like IBM and SAP leverage their extensive technological capabilities and global presence to offer integrated solutions, while specialized players like Evoeco and BIN-e focus on developing innovative niche products. The market is experiencing steady consolidation through strategic acquisitions, as demonstrated by Veolia's merger with Suez SA and Covanta's expansion through multiple company acquisitions, indicating a trend toward creating more comprehensive service offerings and expanding geographical footprints.
The competitive landscape is characterized by a strong emphasis on technological partnerships and collaborations, with companies forming strategic alliances to enhance their service capabilities. Market leaders are increasingly focusing on developing proprietary technologies and platforms while maintaining open ecosystems that allow integration with third-party solutions. Regional players are gaining prominence by offering localized solutions that address specific market needs, while global players continue to expand their presence through partnerships with local entities and targeted acquisitions in key growth markets.
Innovation and Adaptability Drive Market Success
Success in the smart waste management market increasingly depends on companies' ability to innovate and adapt to evolving customer needs while maintaining operational efficiency. Incumbent players must focus on continuous technological advancement, particularly in areas such as AI-driven sorting systems, IoT integration, and waste management analytics capabilities, while also expanding their service portfolios to offer comprehensive waste management solutions. The ability to provide scalable solutions that can be customized for different market segments, from municipalities to private enterprises, while maintaining cost-effectiveness, will be crucial for maintaining market leadership.
For contenders looking to gain market share, focusing on specialized solutions that address specific industry challenges or regional requirements presents a viable strategy. The relatively moderate barriers to entry in the software and technology space create opportunities for innovative companies to establish themselves through differentiated offerings. However, success will depend on building strong customer relationships, developing robust distribution networks, and ensuring compliance with increasingly stringent environmental regulations. Companies must also consider the growing importance of sustainability credentials and the ability to demonstrate tangible environmental benefits as key factors in winning and retaining customers. The integration of waste management software and smart waste management data analytics into their offerings will be essential for companies to enhance their competitive edge.
Smart Waste Management Market Leaders
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SAP SE
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Veolia Environmental Services
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Enevo
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Waste Management Inc.
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Bigbelly Inc.
- *Disclaimer: Major Players sorted in no particular order
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Smart Waste Management Market News
- July 2023: WM began operations at its new USD 35 million, 14,500 square foot renewable natural gas plant located at the Texas-based company’s Eco Vista landfill, the company said in a news release. Construction on the new facility began two years ago, and the company plans to employ 125 construction workers and four workers to manage the facility, which will have a capacity of 14,500 square feet. The company said the new facility is expected to be fully operational by the end of May.
- June 2023: The Government of India supported the second phase of the City Investments to Innovate, Integrate, and Sustain (CITIIS) project, a program under the ambit of the Smart Cities Mission, which aims to encourage blended waste management and climate-oriented reform actions. The CITIIS 2.0 will be executed in 18 cities.
Smart Waste Management Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Threat of Substitutes
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Impact of COVID-19 Aftereffects and Other Macroeconomic Factors on the Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Increasing Volumes of Waste to Boost the Market
- 5.1.2 Rising Adoption of Smart Cities to Flourish the Market
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5.2 Market Challenges
- 5.2.1 High Costs of Implementation
6. Technology Snapshot
- 6.1 Technology Overview
- 6.2 Innovative Technologies Revolutionizing Waste Management
- 6.3 Smart Waste Management Stages - By Connectors
- 6.4 Application of Sensors in the Smart Waste Management Market
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6.5 Smart Waste Management Stages
- 6.5.1 Smart Collection
- 6.5.2 Smart Processing
- 6.5.3 Smart Energy Recovery
- 6.5.4 Smart Disposal
7. MARKET SEGMENTATION
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7.1 By Solution
- 7.1.1 Fleet Management
- 7.1.2 Remote Monitoring
- 7.1.3 Analytics
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7.2 By Waste Type
- 7.2.1 Industrial Waste
- 7.2.2 Residential Waste
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7.3 By Geography
- 7.3.1 North America
- 7.3.1.1 United States
- 7.3.1.2 Canada
- 7.3.2 Europe
- 7.3.2.1 Germany
- 7.3.2.2 United Kingdom
- 7.3.2.3 France
- 7.3.2.4 Spain
- 7.3.2.5 Italy
- 7.3.3 Asia
- 7.3.3.1 India
- 7.3.3.2 China
- 7.3.3.3 Australia
- 7.3.3.4 Japan
- 7.3.3.5 Australia and New Zealand
- 7.3.4 Latin America
- 7.3.5 Middle East and Africa
8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles*
- 8.1.1 SAP SE
- 8.1.2 Veolia Environmental Services
- 8.1.3 Enevo
- 8.1.4 Waste Management Inc.
- 8.1.5 Bigbelly Inc.
- 8.1.6 Covanta Holding Corporation
- 8.1.7 Evoeco
- 8.1.8 Pepperl+Fuchs GmbH
- 8.1.9 IBM Corporation
- 8.1.10 BIN-e
9. INVESTMENT ANALYSIS
10. FUTURE OF THE MARKET
**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
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Smart Waste Management Market Industry Segmentation
The process of implementing a technique used to monitor the collection, disposal, and transportation of waste material services for efficient waste management operations is known as smart waste management. This relates to the Internet of Things (IoT), which includes numerous cameras, portable computers, and other devices.
The smart waste management market is segmented by solution (fleet management, remote monitoring, analytics), waste type (industrial waste, residential waste), and geography (North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe), Asia Pacific (India, China, Japan, Australia, and Rest of Asia-Pacific), and Rest of the World). The market size and forecasts are provided in terms of value (USD) for all the above segments.
| By Solution | Fleet Management | ||
| Remote Monitoring | |||
| Analytics | |||
| By Waste Type | Industrial Waste | ||
| Residential Waste | |||
| By Geography | North America | United States | |
| Canada | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Spain | |||
| Italy | |||
| Asia | India | ||
| China | |||
| Australia | |||
| Japan | |||
| Australia and New Zealand | |||
| Latin America | |||
| Middle East and Africa | |||
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Smart Waste Management Market Research Faqs
How big is the Smart Waste Management Market?
The Smart Waste Management Market size is expected to reach USD 3.54 billion in 2025 and grow at a CAGR of 15.08% to reach USD 7.15 billion by 2030.
What is the current Smart Waste Management Market size?
In 2025, the Smart Waste Management Market size is expected to reach USD 3.54 billion.
Which is the fastest growing region in Smart Waste Management Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Smart Waste Management Market?
In 2025, the North America accounts for the largest market share in Smart Waste Management Market.
What years does this Smart Waste Management Market cover, and what was the market size in 2024?
In 2024, the Smart Waste Management Market size was estimated at USD 3.01 billion. The report covers the Smart Waste Management Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Smart Waste Management Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Smart Waste Management Industry Report
Mordor Intelligence provides comprehensive industry analysis and market outlook for the smart waste management market, offering detailed insights into smart waste management market trends, growth drivers, and competitive dynamics. Our research methodology combines primary and secondary sources to deliver accurate market size projections and waste management industry trends. The report pdf includes in-depth analysis of emerging technologies like IoT waste management solutions, smart waste monitoring systems, and automated waste management innovations, helping stakeholders make informed decisions about market entry and expansion strategies.
Our consulting expertise extends beyond traditional market research to provide strategic insights for smart waste management companies and municipal authorities. We assist in technology scouting for smart waste solutions and intelligent waste management systems, conduct detailed assessments of smart city waste management implementations, and provide data aggregation and visualization services for waste analytics. Our team supports organizations in evaluating smart waste collection technology opportunities, analyzing customer behavior patterns in digital waste management adoption, and developing go-to-market strategies for smart waste management solutions. All these insights are available in an easy-to-read, downloadable report pdf format.
