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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.
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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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Easyjet, eyeing record summer, boosts nerve center with AI

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Easyjet’s cutting-edge facility, equipped with artificial intelligence (AI), is now operational near Luton airport, managing approximately 2,000 flights daily across Europe as the airline anticipates heightened demand for the summer season.
Known as the Integrated Control Center (ICC), this facility plays a pivotal role in Easyjet’s operations, facilitating swift adjustments to flight schedules and monitoring aircraft health in real-time. Situated near London, the center boasts advanced capabilities, including engine analysis and even monitoring of onboard facilities like toilets.
As the aviation industry rebounds from the impacts of COVID-19, Easyjet has ramped up its recruitment efforts, doubling the workforce at the control center to 266 employees, who work tirelessly around the clock, overseeing operations displayed on large curved screens.
Gill Baudot, Easyjet’s director of network control, emphasized the airline’s anticipation of a busy summer season, projecting a significant increase in passenger numbers to 300,000 daily. The ICC plays a crucial role in adapting swiftly to any disruptions, from adverse weather conditions to technical issues, ensuring smooth logistics and minimizing passenger inconvenience.
To enhance decision-making during critical situations, Easyjet has integrated an AI tool similar to ChatGPT, aiding staff in tasks such as aircraft rerouting and crew assignment. Despite technological advancements, Baudot stressed the importance of human judgment in making final decisions.
Throughout the pandemic, Easyjet, under the leadership of CEO Johan Lundgren, has recognized the potential of data-driven solutions to enhance customer experience and operational efficiency. Lundgren highlighted the role of technology in optimizing various aspects of airline operations, from predicting catering needs to facilitating predictive maintenance decisions.
Mark Garrett, overseeing customer disruption at Easyjet, emphasized the center’s focus on passenger welfare, ensuring prompt communication and prioritization of flights, particularly those with significant numbers of children or group travelers, in the event of disruptions.
As Easyjet navigates through the challenges posed by COVID-19, its investment in technology, automation, and AI reflects a commitment to adaptability and efficiency in serving passengers and maintaining operational excellence in the aviation sector.
Source: techxplore.com

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Building better ethical standards for AI, for democracy

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In our swiftly advancing digital realm, Artificial Intelligence (AI) presents both a formidable challenge to and a significant opportunity for the health of democracy. One emerging threat to democratic systems stems from malicious actors who seek to exploit AI to disrupt societal cohesion.
The unchecked proliferation of AI language models has underscored the urgent need for robust ethical standards. Core principles such as privacy, algorithm transparency, user safety, fairness, and inclusivity have often been overlooked amid the rapid progress of AI technologies. Establishing and rigorously testing clear ethical guidelines is crucial to ensuring that AI operates within ethical boundaries and contributes positively to the common good.
A comprehensive approach is necessary, one that protects free speech while empowering users to identify and address bias and harmful content. Initially, efforts should focus on detecting and analyzing disinformation, biases, discrimination, hate speech, and deepfakes. Sophisticated tools leveraging machine learning and natural language processing techniques can be developed to identify and scrutinize harmful content in real-time. These tools should be tested with diverse user groups to safeguard free speech.
Furthermore, AI’s proactive engagement with misinformation can play a vital role in shaping public discourse. By actively countering falsehoods and promoting accurate information, AI-powered tools have the potential to guide conversations toward truthfulness and mitigate the spread of misinformation. This proactive approach not only limits the dissemination of harmful narratives but also fosters a culture of accountability and accuracy in digital spaces, enhancing public trust in AI’s ability to combat misinformation.
In addition to detection and engagement, the implementation of automated reporting systems is crucial in safeguarding democratic institutions from threats posed by state or terrorist-backed actors. These AI-powered systems can swiftly identify and flag harmful content to hosting platforms, enabling timely intervention and moderation. Streamlining the reporting process allows platforms to respond effectively, preserving the integrity of online discourse.
Transparency tools are also essential in building user trust and facilitating informed decision-making. By offering insights into the origins, legitimacy, and credibility of digital content, these tools empower individuals to navigate the digital landscape with discernment. From tracking sources to verifying links and fact-checking, transparency tools enable users to critically evaluate information and contribute to a safer online environment.
AI presents both opportunities and risks for democracy. It is imperative to ensure that AI aligns with our shared values to strengthen democratic institutions and uphold the highest standards of ethics and transparency. By prioritizing inclusivity, fairness, and accountability, we can harness AI’s potential to bolster resilience, safety, and trust in our democratic systems.
Source: diplomaticourier.com

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AVPN launches $15M AI Opportunity Fund with Google.org, ADB support

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AVPN, the premier network of social investors headquartered in Singapore, has unveiled the $15 million Artificial Intelligence (AI) Opportunity Fund: Asia-Pacific, in collaboration with Google.org and the Asian Development Bank (ADB).
In a statement released on Monday, AVPN outlined the fund’s objective as a three-year initiative aimed at equipping Asia’s workforce with essential AI knowledge and tools necessary for the evolving job market. The goal is to ensure that opportunities presented by AI are accessible to a broader spectrum of people in the region, particularly those from marginalized communities.
Through an open call, the fund seeks to identify and select non-profit organizations, social enterprises, and workforce associations across the Asia-Pacific region that effectively engage with workers most affected by AI-driven workforce transitions. Selected organizations will receive comprehensive support, including guidance, financial assistance, and customized AI training based on foundational courses developed by Google and its partners.
Scott Beaumont, President of Google Asia-Pacific, emphasized the transformative potential of AI in the region, stating, “AI presents tremendous opportunities for the Asia-Pacific region, but it’s crucial to equip people with the skills needed to thrive.” He expressed confidence that the AI Opportunity Fund will empower underserved communities and ensure widespread benefits from AI advancements.
The initiative comes at a time when employers in the Asia-Pacific region are increasingly optimistic about AI’s ability to enhance productivity. However, concerns persist among employees about potential job displacement due to AI automation, particularly among disadvantaged populations. Naina Subberwal Batra, CEO of AVPN, underscored the urgency of building an AI-ready workforce to unlock Asia’s full potential and address the socioeconomic impact of AI-driven job transitions.
Jason Rush, Principal Regional Cooperation Specialist at ADB, emphasized the importance of bridging skills and knowledge gaps in underserved communities to facilitate access to AI-driven opportunities. He highlighted the AI Opportunity Fund as a crucial tool to support organizations in upskilling and reskilling workers, enabling them to benefit from the evolving job landscape shaped by AI technology.
AVPN, comprising over 600 funders and resource providers across 33 markets, aims to enhance the flow and effectiveness of capital in Asia by enabling members to channel resources towards impactful initiatives. Google.org, Google’s philanthropic arm, collaborates with nonprofits, social enterprises, and civic entities to address societal challenges and create scalable, meaningful change. Through their combined efforts, AVPN and Google.org strive to harness the potential of AI to promote inclusive growth and opportunity across the Asia-Pacific region.
Source: technode.global

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