Market Share of Smart Waste Management Industry
The Smart Waste Management Market is fragmented. The vast expansion of capabilities in smart connected products may tempt companies to keep up with rivals and give away too much improved product performance. This environment escalates costs and erodes industry profitability. Some of the key players in the market are SAP SE, Veolia Environmental Services, Enevo, Waste Management Inc., and Bigbelly Inc.
- October 2023 - Veolia continues Hong Kong's ecological transformation and the regeneration of its resources, following the award of a historic EUR 2 billion contract to dispose of the city's non-hazardous waste. With a presence in Hong Kong for over 30 years and more than a thousand employees, the Group is working locally to decarbonize the city's activities through multiple water, waste, and energy contracts to accelerate the local ecological transformation.
- September 2023 - WM has opened a new 100,000-square-foot recycling facility in Cleveland, Ohio. The facility has the latest technology and can process up to 420 tonnes of recyclables daily. WM’s new recycling facility technology, which includes glass recovery equipment, an optical sorter, a non-wrapping screen, and ballistic separators, is designed to support the growth of recycling programs in the region and the production of high-quality material for customers who use recycled material as raw material to create new products.
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
