Connect with us

Technology

Smart Waste Management Market Set to Grow by USD 4.62 Billion from 2025-2029, Driven by Increasing Urbanization and Urban Waste Generation, Report on How AI is Redefining Market Landscape – Technavio

Published

on

NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global smart waste management market size is estimated to grow by USD 4.62 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  21.6%  during the forecast period. Increasing urbanization leading to urban waste generation is driving market growth, with a trend towards rise in number of strategic partnerships for smart waste management solutions.  However, challenges associated with effective deployment of smart waste management solutions poses a challenge. Key market players include Aco Recycling, Big Belly Solar, LLC., Bine sp. Z o. O., BRE Group, Covanta Holding Corp., Ecube Labs, Enevo Inc., Evreka Yazilim Donanim Danismanlik Egitim Sanayi ve Ticaret A.S., Kantor Waste4Change, Mr. Fill B.V., Nordsense, Pepperl and Fuchs SE, Republic Services Inc., RTS Holding Inc., SENSONEO j. S. A., SUEZ SA, Veolia, Waste Harmonics LLC, Waste Management Inc., and Wellness TechGroup.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Smart Waste Management Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 21.6%

Market growth 2025-2029

USD 4619.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.1

Regional analysis

North America, Europe, APAC, South America, and
Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, Germany, China, France, Canada, UK, Japan,
India, Brazil, and UAE

Key companies profiled

Aco Recycling, Big Belly Solar, LLC., Bine sp. Z o.
O., BRE Group, Covanta Holding Corp., Ecube
Labs, Enevo Inc., Evreka Yazilim Donanim
Danismanlik Egitim Sanayi ve Ticaret A.S., Kantor
Waste4Change, Mr. Fill B.V., Nordsense, Pepperl
and Fuchs SE, Republic Services Inc., RTS
Holding Inc., SENSONEO j. S. A., SUEZ SA,
Veolia, Waste Harmonics LLC, Waste Management
Inc., and Wellness TechGroup

Market Driver

The Smart Waste Management Market is experiencing significant growth due to urbanization and smart city initiatives. Key players in the market include Covanta Holding Corporation, Suez Environmental Services, Veolia Environmental Services, Bigbelly Inc, Waste Management, Inc, Sensoneo, Enevo Oy, and others. Trends in the market include the use of advanced technology and innovative strategies for efficient waste collection and disposal. Concerned authorities are focusing on environmental sustainability and stricter environmental regulations. Operational costs are a market restraint, but the use of sensors in waste collection services, route optimization, and real-time monitoring help reduce expenses. Historical data analysis of fill patterns, driver routes, and schedules also contributes to efficiency. Companies are investing in IoT-based systems, such as smart bins and disposal tags, for residential buildings, commercial spaces, and public places. The market drivers are the interest of companies in renewable benefits, recycling of plastic and e-waste, and the municipal and industrial sectors’ need for sustainable waste management. Smart Collection, Smart Disposal, and Solid Waste segments are expected to dominate the market. The European Commission and the Government of Canada are also promoting smart waste management through environmental awareness and regulations. The waste management sector includes collecting, transportation, processing, and disposal of solid municipal waste, urban waste collection, waste material services, and more. The use of cameras, mobile computers, RFID, GPS, IoT sensors, and waste segregation technologies is increasing. The chemical manufacturing industry generates a large volume of waste, and companies are focusing on reducing carbon emissions through clean energy solutions and reusing resources like methane and CO2 gas. Innovative strategies include the use of sensors in waste collection vehicles for real-time tracking and optimization, and the implementation of cloud-based technologies for data analytics. The market is expected to grow despite higher operational costs due to the benefits of smart waste management for public health, environmental regulations, and the reduction of greenhouse gas emissions. 

Vendors in the smart waste management market are forming strategic partnerships with various entities, including government authorities and other vendors. These collaborations enable market expansion and revenue sharing. These partnerships offer real-time information tracking for end-users, enabling data-driven decision-making and real-time monitoring of trash levels. The rise in strategic alliances is boosting the implementation of smart waste management solutions, leading to the deployment of efficient systems worldwide. These solutions will be compatible with advanced technologies and components integrated into trash bins, providing real-time waste collection information. This trend will fuel the growth of the global smart waste management market throughout the forecast period. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The Smart Waste Management market is growing due to urbanization and smart city initiatives, but faces challenges such as operational costs and environmental regulations. Trash collectors deal with waste or garbage production, while concerned authorities focus on public health and environmental sustainability. Recycling and disposal are key areas of innovation, with companies like Covanta Holding Corporation, Suez Environmental Services, and Veolia Environmental Services leading the way. Advance technology and sensors play a major role, with IoT-based systems and route optimization providing efficiency gains. E-waste management is a significant market driver, with key players offering reprocessing waste services. However, higher operational costs can be a market restraint. Companies are investing in capital for smart waste management solutions for residential buildings, commercial spaces, and public places using sensor-based containers, vacuum containers, and disposal tags. Solid municipal waste and urban waste collection are major segments, with the European Commission and governments pushing for strict environmental regulations. The waste management sector is also exploring clean energy solutions and renewable resources to reduce carbon emissions.Smart waste management involves the collection, disposal, and recycling of trash. Private companies and municipalities use trucks to collect waste from sensors-equipped bins, which send signals to the trucks’ readers. Ineffective sensor deployment can lead to incorrect information, such as overfilled bins being reported as full or underfilled bins being overlooked. This can result in inefficient waste collection and recycling processes. To optimize these systems, it’s crucial to ensure accurate sensor deployment and regular maintenance. Smart waste management solutions aim to reduce operational costs, minimize environmental impact, and enhance overall efficiency.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This smart waste management market report extensively covers market segmentation by  

ApplicationCollectionLandfillRecovery And RecyclingProcessingTypeSolid WasteSpecial WasteE-wasteGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

1.1 Collection-  The collection segment of the global smart waste management market holds the largest share due to the traditional method of waste management facing challenges such as uneven management of domestic, industrial, and environmental wastes, leading to pollution and health hazards. Smart waste management systems address these issues by automating waste management through smart technology, minimizing human intervention, and reducing time and effort. These solutions enable efficient waste disposal by optimizing truck routes and analyzing trash levels in bins. With the increasing production of solid waste in municipalities, amounting to 2.01 billion tons per year, and projected to reach 3.40 billion tons by 2050, smart waste management is crucial for managing waste effectively. By connecting garbage collection and disposal infrastructure and devices across cities and communities, smart waste management plays a significant role in making cities more efficient and sustainable. Companies, hotels, and enterprises are partnering with smart waste management solution providers to integrate these solutions for managing and collecting waste.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

Smart Waste Management refers to the implementation of technology and data analytics in waste collection and disposal processes to optimize resources, reduce costs, and improve efficiency. In residential buildings, commercial spaces, and public places, sensor-based containers and vacuum systems are used to monitor the volume of waste and trigger automatic collection. IoT-based waste bins with sensors, cameras, mobile computers, RFID, and GPS enable intelligent monitoring, route optimization, and waste segregation. Solid municipal waste is collected using sensor technologies and disposed of through waste processing facilities. Disposal tags help track waste disposal and ensure compliance with regulations. Smart city initiatives are driving the adoption of these technologies to create sustainable waste management systems. The integration of IoT sensors, cameras, and mobile computers enables real-time monitoring and analysis of trash production, leading to more effective and efficient waste management services.

Market Research Overview

The Smart Waste Management market is a growing sector driven by urbanization, smart city initiatives, and concerned authorities’ increasing focus on environmental sustainability and public health. The market is characterized by advance technology and innovative strategies, including sensor-based waste collection and IoT-based systems. Operational costs are a significant concern, with the use of sensors, route optimization, and real-time monitoring helping to improve efficiency and reduce expenses. Environmental regulations and the interest of companies in renewable benefits are also key market drivers. Key market insights reveal that solid municipal waste, e-waste, and commercial waste segments are the largest contributors to the market. Historical data analysis of fill patterns, driver routes, and schedules helps optimize waste collection services, while remote monitoring and fuel prices impact operational costs. Sustainable waste management, data analytics, and government initiatives are also significant factors influencing the market. The market is expected to grow significantly due to the increasing volume of waste, the need for efficient waste management, and the availability of capital investments. Companies are investing in smart solutions such as sensor-based containers, vacuum containers, disposal tags, and fleet trucks to reduce carbon emissions and improve waste management sector efficiency. The use of sensors, RFID, GPS, and IoT sensors in waste segregation and waste processing is also gaining popularity. The European Commission and the Government of Canada are leading the way in implementing strict environmental regulations and promoting sustainable waste management practices. The market also includes the management of bio-medical waste, methane emissions from landfills, and the recycling of plastic and e-waste. The waste management industry is evolving to include water management, traffic management, energy management, and fleet management, with the use of short-range and wide-area IoT devices and real-time tracking. The market is expected to face market restraints due to higher operational costs and the need for capital investments. The market is expected to grow significantly in the coming years due to the increasing focus on environmental sustainability, the availability of renewable energy resources, and the need for efficient waste management solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationCollectionLandfillRecovery And RecyclingProcessingTypeSolid WasteSpecial WasteE-wasteGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/smart-waste-management-market-set-to-grow-by-usd-4-62-billion-from-2025-2029–driven-by-increasing-urbanization-and-urban-waste-generation-report-on-how-ai-is-redefining-market-landscape—technavio-302370843.html

SOURCE Technavio

Continue Reading

Technology

NUH WINS GOLD AT IHF AWARDS 2026 FOR GREEN OPERATING THEATRE PROGRAMME

Published

on

By

 NUH won Gold and received an Honourable Mention for its sustainability efforts at the International Hospital Federation Awards 2026, alongside presentations of its green surgical initiatives, digital health and organisational improvement initiatives at the World Hospital Congress.

SINGAPORE, Oct. 21, 2026 /PRNewswire/ — The National University Hospital (NUH) has won the Gold Award (Low Carbon Healthcare) for its Green Operating Theatre programme at the International Hospital Federation (IHF) Awards 2026. The hospital also received an Honourable Mention (Hospital Sustainability Acceleration) for its system-wide approach to embedding sustainability across healthcare delivery and hospital operations.

The awards were presented at the 49th World Hospital Congress in Seoul, where NUH is also sharing other initiatives in environmental sustainability, digital health and organisational improvement.

Professor Aymeric Lim, Chief Executive Officer of NUH, said: “Healthcare must become more sustainable without compromising patient care. Our teams have shown that simple, practical changes on the ground, from the way we run our operating theatres to how we use resources, can make a real difference. This recognition belongs to the multi-disciplinary teams and partners who turned ideas into everyday practice, and who continue to improve how we care for our patients.”

Advancing low-carbon healthcare by reducing the environmental impact of surgical care

NUH’s Green Operating Theatre (OT) programme began with efforts to reduce the use of high-carbon anaesthetic gases. What started as a targeted decarbonisation initiative has since grown into a hospital-wide programme that brings together clinicians, nurses, operations teams and facilities staff to drive sustainability across surgical practices, resource use, waste management and energy management.

The programme has achieved a 99 per cent reduction in the use of desflurane, a high-carbon anaesthetic gas, and delivered annual energy savings of about 660,000 kWh by optimising operating theatre ventilation during non-operating hours.

Surgical teams redesigned instrument sets used for high-volume knee replacement procedures to better reflect routine requirements, reducing emissions by almost 10,000 kg CO2e annually while also cutting water use and sterilisation workload. Efforts have also been made to reduce unnecessary consumables and expand medical recycling streams.

Collectively, these initiatives have generated valuable insights that NUH has actively shared through inter-cluster platforms and collaborations, helping to inform the adoption of low-carbon practices across Singapore’s public healthcare system.

Embedding sustainability into everyday healthcare delivery

NUH received an Honourable Mention for its organisation-wide approach to embedding sustainability into hospital planning and operations.

Guided by the IHF Sustainability Accelerator Tool, NUH integrated sustainability into leadership oversight, strategic planning and everyday decision-making, strengthening efforts in Appropriate Value-based Care, virtual care, procurement, workforce engagement and environmental stewardship.

This system-wide approach to advancing a sustainable healthcare system has been recognised internationally. In 2025, NUH became the first hospital worldwide to receive the Joint Commission International-Geneva Sustainability Centre’s Healthcare Sustainability Certification. This year, it was the only hospital in Singapore to be accorded the highest 5-Leaf distinction in Newsweek-Statista’s World’s Greenest Hospitals index.

A new model of rehabilitation care

Recognised as one of the top three healthcare innovations selected for the International Hospital Federation’s i-to-i Innovation Hub Awards 2026, the NUH Virtual Rehabilitation Centre (VRC) is helping to extend rehabilitation beyond hospital walls.

Developed as a virtual-first rehabilitation ecosystem, the VRC combines personalised patient education, self-management tools, AI-enabled telerehabilitation, remote monitoring and digital rehabilitation pathways to support patients throughout their recovery journey. By enabling rehabilitation to continue beyond traditional clinic visits, the VRC improves access to care, strengthens patient participation in recovery and allows therapists to focus their attention on patients with more complex rehabilitation needs. The digital home exercise programme, for instance, supports around 2,000 patients and records about 21,000 logins each month, freeing up the equivalent of 66 physiotherapist workdays annually for direct patient care.

The innovation demonstrates how technology can be used not simply to digitise existing services, but to transform how rehabilitation is delivered at scale.

Helping doctors work smarter with electronic medical records

NUH also presented results from its Great Epic Transformation (GET) programme at the 49th World Hospital Congress in Seoul. The hospital-wide programme trained specialist doctors to personalise their Epic electronic medical record (EMR) workflows, using customised note templates, order sets and shortcuts to work more efficiently.

Nine months after training, participating doctors spent 10.2 per cent less time in the EMR each day, equivalent to more than 33 hours saved per doctor annually, while time spent placing orders fell by 26.5 per cent. Twelve of 13 efficiency measures improved across both medical and surgical specialties. Based on annual estimates, the overall efficiency gains are valued at more than S$91 million a year.

The programme is being extended to allied health professionals and pharmacists across NUHS, with a target of reaching more than 2,000 healthcare professionals by the end of 2026.

About the National University Hospital (NUH)­

The National University Hospital (NUH) is Singapore’s university hospital. While the hospital at Kent Ridge first received its patients on 24 June 1985, our legacy started from 1905, the date of the founding of what is today the NUS Yong Loo Lin School of Medicine. NUH is the principal teaching hospital of the medical school.

Our unique identity as a university hospital is a key attraction for healthcare professionals who aspire to do more than practise tertiary medical care. We offer an environment where research and teaching are an integral part of medicine, and continue to shape medicine and transform care for the community we care for.

We are an academic medical centre with over 1,200 beds, serving more than one million patients a year with over 50 medical, surgical and dental specialties. NUH is the only public and not-for-profit hospital in Singapore to provide trusted care for adults, women and children under one roof, including the only paediatric kidney and liver transplant programme in the country.

The NUH is a key member of the National University Health System (NUHS), one of three public healthcare clusters in Singapore. For more information, visit www.nuh.com.sg

Follow us on

Facebook | Instagram | LinkedIn | TikTok | YouTube

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/nuh-wins-gold-at-ihf-awards-2026-for-green-operating-theatre-programme-302916198.html

SOURCE National University Hospital (NUH)

Continue Reading

Technology

NEXCOM NGFW platforms secure growing traffic across modern academic networks

Published

on

By

TAIPEI, Oct. 21, 2026 /PRNewswire/ — NEXCOM, a leading supplier of network appliances, is helping academic institutions strengthen network security as digital learning expands across cloud platforms, AI-powered tools, remote access, and connected campus services.

As educational environments become more distributed, academic networks must support growing traffic and diverse connections while protecting sensitive data and maintaining reliable access to learning resources. NEXCOM’s Next-Generation Firewall (NGFW) platforms provide a centralized security layer for inspecting and controlling traffic across campus and remote environments.

Learn more about securing digital learning environments in the joint case study.

Centralized Security for Digital Learning

On campus, NGFW platforms can inspect traffic between academic networks and external resources as students and faculty access learning platforms and web services. For remote users, secure VPN connectivity supports authorized access to internal resources while enabling centralized security policies.

“Every new digital service in education adds value for students and educators, but it also adds traffic, connections, and another layer of security responsibility,” says Allan Chiu, VP of Networking and Communication Solutions at NEXCOM. “The challenge is making sure security keeps pace without slowing down the learning experience. NEXCOM’s NGFW platforms provide the performance and scalability needed to secure modern, highly distributed academic networks.”

Scalable Platforms for Network Security

NEXCOM’s portfolio provides scalable platforms for firewall, edge security, secure remote access, and demanding network security workloads. Key platforms include:

NSA 7160R: A 2U high-performance security platform powered by dual Intel® Xeon® Scalable processors, with eight PCIe 5.0 expansion slots and throughput of up to 1.6 Tbps.FTA 5190: A compact 1U edge server powered by Intel Xeon 6 SoC technology, designed for reliable connectivity and security at the network edge.

About NEXCOM

Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM is shaping the future of AI-powered networking with its software-defined solutions. Through its Network and Communication Solutions (NCS) unit, NEXCOM delivers cutting-edge platforms for Cybersecurity, OT Security, SD-WAN, SASE, Load Balancing, 5G uCPE, edge AI, and more. NCS specializes in professional design and manufacturing services, enabling reliable and scalable network infrastructures for businesses of all sizes. With a focus on innovation, NEXCOM’s solutions empower customers worldwide to build resilient, high-performance networks tailored to the demands of tomorrow’s connectivity challenges.

View original content to download multimedia:https://www.prnewswire.com/news-releases/nexcom-ngfw-platforms-secure-growing-traffic-across-modern-academic-networks-302916203.html

SOURCE NEXCOM International Co., Ltd.

Continue Reading

Technology

Forrester’s 2027 B2B Go-To-Market Predictions: AI Agents Will Influence 75% Of B2B Purchase Decisions

Published

on

By

To remain competitive, providers must strengthen customer trust, substantiate value claims, and offer human expertise and guidance

SINGAPORE, Oct. 22, 2026 /PRNewswire/ — According to Forrester’s (Nasdaq: FORR) 2027 B2B go-to-market predictions, business buyers will increasingly deploy AI agents to handle tasks across the buying process, from supplier discovery and information gathering to contract-renewal analysis. While truly autonomous buying will remain concentrated in high-volume, low-risk, and repeatable purchases, the ubiquity of these agents will require providers to ensure that their systems and sellers can respond with speed, accuracy, and consistency.

Forrester’s B2B Predictions reports, covering topics including B2B go-to-market strategy, business buyers, and content and creative, offer forward-looking insights to help executives and their teams anticipate change, reduce uncertainty, and make confident decisions ahead of market shifts. Key highlights from the 2027 B2B go-to-market predictions include:

Buyers will double their human interactions to validate AI-generated recommendations. As AI becomes the primary interface for researching products and providers, buyers will encounter more AI-generated recommendations, synthetic content, automated outreach, and agent-mediated interactions. Since AI cannot fully judge service provider fit, feasibility, trust, or accountability, buyers will require conversations with provider teams and trusted third parties including analysts, customer references, and partners to confirm and validate buying decisions.Two-thirds of providers will lose deals because buyers cannot verify claims. Buyers already use AI-assisted search and analysis tools to gather information about products and vendors, synthesize provider claims, and fact check. As the reliance on these capabilities continue to advance, go-to-market teams will need to act fast to restructure content discovery for AI tools, including providing credible and consistent proof points that AI tools can index and validate.Most CMOs will cut programs or accept reduced capacity after overestimating AI gains. As pressure intensifies to reduce personnel costs with AI, marketing leaders will eliminate as many as 25% of roles in anticipation of productivity gains that fail to meet expectations. As a result, they will have to choose between cutting program budgets to restore capacity through rehiring, contractors, or agency support or accept reduced execution with a smaller team. In either case, lower campaign investment, weaker execution, or both will reduce marketing’s overall value contribution.

“In 2027, the defining challenge for B2B go-to-market leaders will be to make deliberate choices about what to automate and where human judgment still matters,” said Sharyn Leaver, chief research officer at Forrester. “As AI becomes ubiquitous across the buying process, B2B leaders that pair AI-driven speed and convenience with transparency, control, and trust will extract the most value from AI.”

Resources:

Download Forrester’s 2027 Predictions guide for B2B go-to-market.Register for Forrester’s webinar exploring the key trends reshaping B2B go-to-market strategies in 2027.Learn how to turn these predictions into action through Forrester’s global B2B events and research programs.

About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We empower leaders in technology, customer experience, digital, marketing, revenue, and product functions to make confident decisions in an AI-driven world and accelerate growth through customer obsession. Our unique research and continuous guidance model helps executives and their teams achieve their initiatives and outcomes faster and with confidence. To learn more, visit Forrester.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/forresters-2027-b2b-go-to-market-predictions-ai-agents-will-influence-75-of-b2b-purchase-decisions-302915245.html

SOURCE Forrester

Continue Reading

Trending