Water And Waste Management Consulting Services Global Market Report 2024 Market Growth 2024-2033 | Insights, Demand, Outlook

"The Business Research Company recently released a comprehensive report on the Global Water And Waste Management Consulting Services Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The water and waste management consulting services market size has grown steadily in recent years. It will grow from $18.47 billion in 2023 to $19.36 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to environmental regulations and compliance, infrastructure development and modernization, water scarcity and resource management, waste reduction and recycling initiatives, public awareness and stakeholder engagement.

The water and waste management consulting services market size is expected to see strong growth in the next few years. It will grow to $24.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to growing circular economy and sustainable practices, climate change adaptation and resilience, technological innovation integration, government initiatives and funding, public-private partnerships (ppps). Major trends in the forecast period include digitalization of services, waste-to-energy solutions, resilience planning, community engagement and social responsibility, innovative financing models.

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Market Drivers and Trends:

The increasing industrial and municipal waste due to rapid urbanization is contributing to the growth of the water and waste management consulting services market. Due to urbanization, there will be a rapid increase in production and consumption that generates waste from several sources, such as domestic waste, commercial waste, institutional waste, and industrial waste. According to the World Bank report, in 2022, with rapid population growth and urbanization, annual waste generation is expected to increase by 73% from 2020 levels to 3.40 billion tonnes in 2050. Every year, according to Waste Dive, a supplier of recycling equipment, about 2.01 billion metric tonnes of municipal solid waste (MSW) is produced globally. The report also states that 40% of waste worldwide is mismanaged and is dumped or burnt in open spaces, indicating that there is a huge untapped market for waste management consulting services.

SaaS (software-as-a-service)-based consulting is the recent trend gaining popularity in water and waste management consulting. The use of the SaaS platform is increasing in companies to deliver online services such as water quality management, EHS compliance, and carbon reporting. The SaaS delivery model operates when a software vendor provides access to its software and works remotely as a web-based service. Many companies are offering SaaS to water and waste management companies to improve the operations they perform. For instance, in 2020, Trimble started to offer a new SaaS programme for remote monitoring of water and wastewater infrastructure. With the new SaaS program, water and wastewater utilities can access the hardware and software technologies through subscription to be utilized for remote monitoring of critical infrastructure.

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Major Key Players of the Market:

Jacobs Engineering Group Inc., Fluor Corporation, Republic Services Inc., AECOM Technical Services Inc., E.I. du Pont de Nemours and Company, ERM Worldwide Limited, WSP Global Inc., WorleyParsons plc, KBR Inc., Amec Foster Wheeler Environment and Infrastructure Limited, CH2M HILL Engineers Inc., Stantec Inc., Black & Veatch Corporation, Parsons Corporation, Tetra Tech Inc., Arcadis NV, MWH Global Inc., Casella Waste Systems Inc., Golder Associates Ltd., SLR Consulting Ltd., ENVIRON International Corporation, Antea Group Inc., Catalyst Canada Inc., Mott MacDonald Middle East LLC, Blue Vista Technologies Inc., Evoqua Water Technologies LLC, URS Corporation, SUEZ Environnement SA, Wood Environment & Infrastructure Solutions Inc.

Water And Waste Management Consulting Services Market 2024 Key Insights:

• The water and waste management consulting services market size is expected to see strong growth in the next few years. It will grow to $24.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%.
• Expanding Opportunities In The Water And Waste Management Consulting Services
• Saas Revolutionizing Water And Waste Management Consulting
• North America was the largest region in the water and waste management consulting services market in 2023

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The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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