Smart Waste Management Market is Expected to Witness High Growth Near Future

The objective of the report is to define, describe, and forecast the smart waste management market on the basis of solutions, services, applications, and regions and also to provide detailed information regarding the major factors influencing the growth o

(EMAILWIRE.COM, August 27, 2018 ) The major forces driving the smart waste management market include a rise in smart city initiatives across different regions and stringent regulations and compliance requirements for environment protection & waste management. Nowadays, integration of Internet of Things (IoT) across different verticals is providing good opportunities for the growth of the smart waste management market by providing real-time intelligence, thus, leading the organizations to shift towards deployment of smart solutions.

Browse 71 market data Tables and 41 Figures spread through 131 Pages and in-depth TOC on "Smart Waste Management Market".

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The smart waste management market report has been segmented on the basis of solutions, services, applications, and regions. Major solutions in the market are optimization solutions, analytics & reporting solutions, asset management, network management, and others. The analytics and reporting solutions segment is expected to hold the largest share of the smart waste management solution market. The key trend contributing to this market growth is the increased usage of connected devices that results in massive data deluge.

Among the services, the professional services segment holds the largest share of the smart waste management services market. The primary driving force for the adoption of professional services is the complexity of smart solutions infrastructure which leads to increased need for consulting services. The managed services segment is projected to witness the highest growth rate due to the growing need of organizations to attain economies of scale and comply with different regulatory compliances across the globe.

Major application areas for smart waste management are food & retail, construction, manufacturing & industrial, healthcare, municipalities, and colleges & universities. The manufacturing and industrial application segment is expected to hold the largest share of the smart waste management application market due to the generation of large quantities of hazardous waste that have different disposal regulations.

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