The North America Digital Waste Management Solution Market would witness market growth of 12.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Digital Waste Management Solution Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,604.8 Million by 2031. The Canada market is experiencing a CAGR of 14.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 13.4% during (2024 - 2031).
Digital waste management solutions leverage advanced technologies to enhance various aspects of waste management, offering numerous applications that address operational efficiency and environmental sustainability.
Additionally, smart bins with sensors track fill levels and waste composition in real-time, allowing waste management services to optimize collection schedules based on actual needs rather than fixed intervals. Sensors in smart bins can send alerts when they are close to overflowing, reducing the risk of littering and ensuring timely collection.
Canada’s large landmass and diverse urban and rural settings result in varied waste management needs. High waste generation puts considerable strain on existing infrastructure, prompting cities like Toronto and Vancouver to adopt digital waste management solutions to optimize collection routes, reduce landfill use, and manage waste more effectively. According to Statistics Canada, nearly 10.9 million tons of residential waste were generated across Canada in 2020. There were over 15.2 million tonnes of waste from non-residential sources in 2020, up 360,820 tonnes from 2018. Residential waste comprised over two-fifths (42%) of the 26.1 million tonnes of overall waste in 2020, compared with over one-third (35%) in 2002.
Free Valuable Insights: The Digital Waste Management Solution Market is Predict to reach USD 6.1 Billion by 2031, at a CAGR of 12.5%
Based on Component, the market is segmented into Hardware, and Software & Services. Based on Waste Type, the market is segmented into Recyclable, Non-recyclable, and Hazardous. Based on Application, the market is segmented into Commercial Establishments, Smart Cities, and Private Organizations. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Component
By Waste Type
By Application
By Country
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