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Smart Waste Management Market Future Insights, Market Revenue and Threat Forecast by 2023

 



(Wireless-NewsWire.Com, January 20, 2018 ) Market Highlights
The global smart waste management market is projected to witness a rapid growth during the forecast period. Increasing emergence of cloud-based technologies is a major factor driving the growth of the market. Moreover, increasing demand for smart waste management across various industry verticals such as healthcare, manufacturing, retail and IT & telecommunications is fueling the growth of the global market. Growing smart city initiative and strict regulatory compliances are expected to drive the smart waste management market.

The global Smart Waste Management Market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the Smart Waste Management market in North America is expected to witness a significant growth and hold the largest market share during the forecast period. The U.S. and Canada are anticipated to drive the growth of the North America smart waste management market owing to the presence of a large number of established key players such as IBM Corporation, Waste Management, Inc., Bigbelly Solar, Inc., Covanta Energy, Republic Services, Veolia North America and Harvest Power in this region. Due to the drastic fall in the usage of native applications and a considerable shift towards the adoption of mobile applications in the region, the market is likely to show immense growth in the coming future. Additionally, North America also has a well-established infrastructure, which allows a higher penetration of devices and ultimately provides better connectivity. Increasing need for innovations and advancements in the technology are other major factors responsible for the growth of global smart waste management market. In the global smart waste management market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to the increasing awareness regarding proper waste disposal across different countries in the region.

The global smart waste management market is projected to reach USD 3.6 billion at a CAGR of over 17% by the end of the forecast period 2017-2023.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Smart Waste Management Market Research Report-Forecast to 2023”.

Get Sample Report @ https://www.marketresearchfuture.com/sample_request/994

Smart Waste Management Market Segmentation
The global smart waste management market is segmented on the basis of the type of waste, method, and application. The application segment is classified as manufacturing, food & retail, healthcare, construction, industrial and others. However, the manufacturing and industrial sub-segments are expected to hold the largest market share of the smart waste management market. This is owing to the generation of huge amounts of hazardous which have different disposal regulations.
Some of the prominent players in the global smart waste management market: IBM Corporation (U.S.), SAP SE (Germany), Waste Management, Inc. (U.S.), Enevo (Finland), Bigbelly Solar, Inc. (U.S.), Smartbin (Dublin), Ecube Labs Co., Ltd. (South Korea), Urbiótica, S.L. (Spain), Waviot (Russia), Pepperl+Fuchs GmbH (Germany), Covanta Energy (U.S.), Suez Environment (Paris), Republic Services (U.S.), Veolia North America (U.S.), Enerkem (Canada), Harvest Power (U.S.), and Recycle Smart Solutions (Canada).

Market Research Analysis
North America is estimated to account for the largest share of the market, whereas Europe market is projected to grow at the fastest rate during the forecast period. The market in North America is witnessing a rapid growth due to technological advancements and increasing smart city and smart home initiatives in this region. The U.S. holds the majority of market share both in terms of revenue as well as the growing adoption of smart cities.

Get Report Details @ https://www.marketresearchfuture.com/reports/smart-waste-management-market-994

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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