Waste Management Software Market to outgrow by USD 13.9 BN
Posted On January 30, 2020
The Global Waste Management Software Market value is expected to grow from USD 8 BN in 2019 to USD 13.9 BN by 2026 at a CAGR of 9.4% during 2020-2026 as per the market report by Value Market Research. Urgency for minimal waste and call for diminished deterioration of environment is the dominant driver of growth in the global waste management software market. Further broadPRening of cognisance for pollution-free and clean environment has fuelled the expansion of the market.
Waste management is a process of collection and disposal of sewage and other waste products to be then utilised for recycling. Waste management is the only visible road to succeed in controlling different pollution. Food waste is biodegradable that adds nutritional requirements of microbes for vegetation through the production of compost. Additionally, waste generated from hospitals and other industries can be recycled and can be canalised for the manufacturing of various industrial equipment.
Therefore, proper management and segregation of waste as organic, recyclable and biodegradable is important and arises as a global issue. Waste management software is used by waste management organisations and large scale industries to plan the skeleton of waste storage, transportation, and disposal and to implement effective strategies in the way of recycling of materials. The software works to manage communication with customers and contracts as well as billing and payments. The software’s are provided with advanced technology features to detect the position of litter.
The report "Global Waste Management Software Market Report By Software Type (Waste Hauling Software, Waste Tracking Software, Route Management Software, Scale Software, Recycling Software, Maintenance Software And Others) Component (Cloud Based Software And On-Premise Software) Technology (Bluetooth, Real-Time Locating System (RTLS), Radio Frequency Identification (RFID), Wi-Fi And Others) Application (Municipal, Retail, Manufacturing, Healthcare And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" covers the market introduction, key market statistics followed by in-depth regional revenue/or volume analysis. The study digs deep to identify the market drivers, restraints, opportunities and threats in the near future.
By Software Type the market is segmented as waste hauling software, waste tracking software, route management software, scale software, recycling software, maintenance software and others. Waste hauling software dominated the segment due to rising adoption of this software as it leads to minimize operational cost, increase productivity, offers a real-time update, and improve compliances.
By component the market is segmented as cloud based software, and on-premise software. On-Premise Software has accounted for maximum market share.
By technology the market is segmented as bluetooth, real-time locating system (RTLS), radio frequency identification (RFID), WI-FI and others. On the basis of application the market is segmented as municipal, retail, manufacturing, healthcare, and others.
The Europe is the leading revenue contributor due to increasing awareness of the environmental concerns along with effective development of waste treatment technologies. The other regions studied in the report are North America, Europe, Latin America and Middle East & Africa. The regional spread of all the segments and sub segments are detailed in the report.
The Report Segments Global Waste Management Software Market -
By Software Type:
- Waste Hauling Software
- Waste Tracking Software
- Route Management Software
- Scale Software
- Recycling Software
- Maintenance Software
- Cloud Based Software
- On-Premise Software
- Real-Time Locating System (RTLS)
- Radio Frequency Identification (RFID)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Carolina Software, Inc., Chemical Safety Software, Crowd, Inc., Enablon (Wolters Kluwer), Enviance, Inc., Geoware Inc., Intelex Technologies, ISB Global, iTouchVision, SoftExpert, Terralink Systems Inc., TMW Systems Inc. and TRUX among others.
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