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Smart Waste Management Market to Reach $8.3 billion by 2032 at 15.6% CAGR: Allied Market Research

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Allied Market Research published a report, titled, “Smart Waste Management Market Size, Share, Competitive Landscape and Trend Analysis Report by Waste Type (Solid, Special, and E-waste), Method (Smart Collection, Smart Processing, and Smart Disposal), and Source (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2032”. According to the report, the global smart waste management market was valued at $2.2 billion in 2023, and is projected to reach $8.3 billion by 2032, growing at a CAGR of 15.6% from 2024 to 2032.
Download Sample Copy: https://www.alliedmarketresearch.com/request-sample/A08740
Prime determinants of growth
The increasing adoption of smart waste management technologies across various industries will propel the market growth. Smart waste management technologies utilize sensors, data analytics, and automation to optimize waste collection schedules and routes. This reduces fuel consumption, minimizes emissions, and saves time and resources.
Efficient waste management contributes to a cleaner environment by reducing the amount of waste sent to landfills or incinerators. Smart technologies can help divert more waste towards recycling and composting, thus conserving natural resources and reducing pollution. Such factor drives market growth.
Report coverage & details:

Report Coverage 

Details 

Forecast Period 

2024–2032 

Base Year 

2023

Market Size in 2023

$2.2 billion 

Market Size in 2032 

$8.3 billion 

CAGR 

15.6 %

No. of Pages in Report 

188

Segments covered 

Waste Type, Method, Source, and Regions.

Drivers 

Rapid industrialization and infrastructure development
Growth in waste management industry 

Opportunities

Technological advancements 

Restraints

Volatile prices of raw materials

The solid waste segment was the highest contributor to the market in 2023, and e-waste segment is expected to grow at a significant CAGR during the forecast period.
By waste type, the smart waste management market is divided into solid waste, special waste, and e-waste. The solid waste segment accounted for a higher market share in 2023, accounting for more than half of the market revenue. Rapid industrialization and infrastructure development in emerging markets create new opportunities for smart waste management manufacturers. Smart waste management solutions offer significant cost savings and operational efficiency improvements compared to traditional waste management methods. By optimizing collection routes, reducing fuel consumption, and minimizing labor costs, organizations can achieve substantial savings over time.
Buy This Research Report 245 Pages PDF with Insights, Charts, Tables, Figures):  https://www.alliedmarketresearch.com/checkout-final/8096fa81b484fb332d3a539fdf65c12e
The smart collection segment dominated the market in 2023, and smart disposal segment is expected to grow at a significant CAGR during the forecast period.
Depending on method, the smart waste management market is categorized into smart collection, smart processing, and smart disposal. The smart collection segment is accounting for more than half of the market revenue. Smart waste management is used in residential, commercial, and other industries to collect and transport waste effectively. Smart waste management is used to track live status of unfilled and filled waste bins. Smart waste management system is also used to keep track of waste trucks. It tracks positions of waste trucks and sends the information to smartphones of individuals with the use of mobile apps. Smart waste management saves time and energy of waste management services by municipal corporation and industries, which is expected to drive growth of the global smart waste management market.
The residential segment dominated the market in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on source, the smart waste management market is divided into residential, commercial, and industrial. The residential segment accounted for around half market share in terms of revenue in 2023. The residential segment has been witnessing an increase in demand for smart waste managements from past few years, owing to growth in urbanization and increase in smart city initiatives around the globe. In addition, rise in adoption of smart waste management in the residential sector is expected to increase in the future, owing to rise in water pollution levels in urban areas of countries such as India and China.
The Asia-Pacific region will grow at a significant CAGR during the forecast period.
The smart waste management market is analyzed across North America, Europe, Asia-Pacific, Latin America, and MEA. Asia-Pacific is expected to grow at a significant CAGR throughout the forecast period. China holds the maximum share in the smart waste management industry in the Asia-Pacific region. Advances in sensor technology, data analytics, cloud computing, and Internet of Things (IoT) have made smart waste management solutions more affordable and accessible. These technologies enable real-time monitoring, optimization, and automation of waste collection and recycling processes.
Inquire Before Buying:  https://www.alliedmarketresearch.com/purchase-enquiry/A08740
Leading Market Players: –

Covanta Holding Corporation
SUEZ Environmental Services
Republic Services Inc
Waste Management Inc
Sensoneo J.S.A.
Bigbelly Inc
Urbiotica
Ecube Labs Co Ltd
Enevo Oy

The report provides a detailed analysis of these key players in the smart waste management market. These players have adopted different strategies such as new product launches, expansion, and acquisitions to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Trending Reports in Recycling industry:
Underground Waste Containers Market is expected to reach $1,050.1 million in 2027
Waste Paper Management Market is projected to reach $96,087.9 million by 2031
Waste sorting robots market is projected to reach $10.1 billion by 2031
Water And Wastewater Valve Market is projected to reach $14.7 billion by 2032
Waste Management Equipment Market is projected to reach $55,637.9 million by 2027
Construction and Demolition Waste Recycling Market  is expected to reach $149,190.9 million by 2027
Waste Management Market is projected to reach $3498.2 billion by 2032
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Sainsbury’s aims to be an ‘AI-enabled grocer’ with Microsoft AI technology

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Sainsbury’s, a prominent UK supermarket chain, is set to leverage Microsoft’s artificial intelligence and machine learning tools to elevate its store operations and provide customers with a more engaging and convenient shopping experience.
As part of its strategic initiative, the ‘Next Level Sainsbury’s strategy’, the supermarket will integrate generative AI, powered by Microsoft Azure, to enhance its online shopping platform and optimize customers’ search experience. By harnessing AI capabilities, Sainsbury’s aims to offer a more interactive and personalized online shopping journey for its millions of customers across the UK.
In addition to enhancing the online shopping experience, Sainsbury’s plans to equip its store colleagues with real-time data and insights to streamline in-store processes such as shelf replenishment. Leveraging multiple data inputs, including shelf-edge cameras, AI technology will guide colleagues on prioritizing restocking activities, thereby improving efficiency and productivity.
Over the next five years, Sainsbury’s will deploy Microsoft Azure to implement these initiatives, integrating data assets with Microsoft 365 collaboration tools to drive innovation and operational excellence.
Clodagh Moriarty, Chief Retail and Technology Officer at Sainsbury’s, expressed confidence in the collaboration with Microsoft, emphasizing its role in accelerating the supermarket’s ambition to become the UK’s leading AI-enabled grocer. Moriarty highlighted the strategic investment in transformative capabilities, aimed at enhancing efficiency, productivity, and customer service while delivering value to shareholders.
Clare Barclay, CEO of Microsoft UK, commended Sainsbury’s visionary approach, noting its commitment to placing AI at the forefront of its business strategy. Barclay expressed enthusiasm for the collaboration, emphasizing its potential to revolutionize the retail experience for both customers and store colleagues.
The partnership between Sainsbury’s and Microsoft signifies a significant step towards ushering in the next generation of retail, powered by innovative AI-driven solutions.
Source: technologyrecord.com
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Researchers build AI-driven sarcasm detector

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Artificial intelligence has made remarkable strides, from passing bar exams to reading bedtime stories with emotion. Yet, despite these feats, it still falls short of matching the intricate nuances of human communication—particularly, the art of sarcasm.
However, researchers in the Netherlands are determined to change that narrative. They have developed an AI-driven sarcasm detector that can discern when sarcasm is being used, a feat previously thought to be exclusive to human cognition.
Matt Coler, from the University of Groningen’s speech technology lab, expresses excitement about the project’s progress. He emphasizes the importance of understanding sarcasm, a pervasive aspect of human discourse, to facilitate seamless communication between humans and machines.
Recognizing sarcasm poses challenges due to its subtlety, especially in text-based interactions where cues like tone and facial expressions are absent. To overcome this, researchers trained their AI using a combination of text, audio, and emotional content from popular sitcoms like Friends and The Big Bang Theory.
The AI, trained on annotated data from these shows, demonstrated an impressive ability to detect sarcasm in unlabelled exchanges from the sitcoms, achieving an accuracy rate of nearly 75%. Further enhancements are underway, including incorporating visual cues like eyebrow movements and smirks, to improve accuracy even more.
Beyond enhancing interactions with AI assistants, this technology holds potential for detecting negative language and identifying instances of abuse or hate speech. However, as AI becomes more adept at understanding sarcasm, questions arise about its potential to wield sarcasm itself.
Coler muses about the implications of machines responding with sarcasm, raising concerns about clarity in communication. Nonetheless, advancements in AI-driven sarcasm detection offer promising prospects for improving human-machine interactions and bridging the gap between artificial and human intelligence.
Source: theguardian.com

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AI, bias and experiments: how Women in News is tackling tech’s inbuilt stereotypes

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Issues surrounding bias in AI are deeply rooted in the accuracy, trustworthiness, and quality of data, which, if overlooked, can significantly skew outcomes. Lyndsey Jones, an AI author and transformation coach, delves into these concerns, offering valuable insights for newsrooms on monitoring and reviewing data.
Madhumita Murgia, an AI journalist and the first artificial intelligence editor of the Financial Times, sheds light on how women, migrants, precarious workers, and minority groups are disproportionately affected by the technical limitations of Generative AI. Murgia emphasizes the lack of representation of these groups in the development process of AI technologies, highlighting the need for inclusive participation.
WAN-IFRA Women In News workshops on the Age of AI in the newsroom have brought bias effects to the forefront. Through the Digital ABCs training program, media professionals are equipped with skills to navigate the digital landscape and drive organizational change.
A newly launched module focuses on AI, with over 100 participants in eastern Europe taking part, now extended to journalists in parts of Africa, the Middle East, and Southeast Asia. Instances of bias surfaced during the training, such as generating offensive avatars and misinterpretation of accents in AI tools.
Google CEO Sundar Pichai’s acknowledgment of biased AI tools reflects ongoing concerns in the industry. Timnet Gebru’s dismissal from Google for highlighting biases further underscores the need for vigilance in addressing these issues.
Diverse teams in WIN’s Age of AI program are experimenting with various tools like fact-checking and enhancing staff skill sets in AI usage. Projects under consideration for further EU funding include a video lab for content amplification and an AI avatar for journalist safety.
Media companies must ensure diverse staff collaboration when testing AI tools. Quotas for women in AI research and cross-border partnerships may be necessary for smaller media groups to compete effectively.
Journalists can take steps to improve content quality by examining storytelling practices and ensuring diversity in sources and representation. Consistency of data collection across departments and assessing biases in data sets are crucial for ethical AI usage in journalism. Ultimately, AI tools should be used to enhance journalism’s quality and integrity, rather than generating clickbait or misinformation.
Source: wan-ifra.org

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