The growth of intelligent bins will grow at a 43 percent CAGR between now and 2020, with Western Europe and the USA leading the charge.
So says ABI Research, which estimates that efficient and operational smart bins will number hundreds of thousands over the next five years.
Right now, says ABI, BigBelly Solar has received the most attention but other firms like SmartBin and Enovo are making waves outside of the USA.
Analyst Eugenio Pasqua thinks that while 95 percent of smart bins connected to monitoring services by cellular links, there are other contenders.
Those include firms producing low power WWAN connection, such as SIFFOX and Weightless.