Global Last-mile Logistics Digital Solutions Marketsize was valued US$ XX Mn. in 2019 and is expected to grow at a CAGR of 9.87% over 2020-2026, to account for US$ XX Mn. in 2026.
Global Last-Mile Logistics Digital Solutions Market by Component
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Global Last-mile Logistics Digital Solutions Market Overview:
Last mile logistics delivery solution provides automated delivery route optimization & route planning, real-time tracking information and real-time resource allocation.
The report covers the detailed analysis of the Global Last-mile Logistics Digital Solutions Market with the segmentation of the market based on component, enterprise size, deployment type and region. Analysis of past market dynamics from 2016 to 2019 is given in the MMR report, which will help readers to benchmark the past trends with current market scenarios with the key player’s contribution in it.
Dynamics of the Global Last-mile Logistics Digital Solutions Market:
The major factors responsible for the growth of last-mile logistics digital solutions market are the growing adoption of autonomous delivery vehicles technology for delivery operations and increasing expectation for the fast delivery of packages from customers. E-commerce and logistics companies are keeping their costs as low as possible and dealing with ways to be more effective in shipping goods. As a result, various logistics companies are emphasizing the production of innovative technologies to minimize costs and automate last mile distribution by using mobile drones, robots, and autonomous vehicle (air or ground) technology.
On the flip side, the global last-mile logistics digital solutions market is hampered by a lack of visibility, and poor collaboration & communication. Lack of visibility is one of the most major issues that logistics businesses face. As all logistics processes are managed offline, it becomes tough for the logistics business to optimize and control the operations.
Global Last-mile Logistics Digital Solutions Market Segmentation:
In 2019, the cloud-based deployment type segment dominated the market with more than 68.5% share of the global last-mile logistics digital solutions market thanks to the growing demand for the cost-effective platform and real-time insights. However, on-premises held the second largest market share of XX% in 2019 and is projected to grow at the highest CAGR of 8.05% to reach US$ XX Mn. by 2027.
By component, the solution segment dominated the market, with a market size of US$ XX Mn. in 2019 and to reach US$ XX Mn. by 2027, with a CAGR of 10.27%. This growth is attributed to the growing adoption of aerial delivery drones by many delivery enterprises, for rapid delivery has driven the demand for the last-mile logistics digital solutions market.
Global Last-mile Logistics Digital Solutions Market Share 2019 & 2026, by Deployment Type
Global Last-Mile Logistics Digital Solutions Market by Deployment
Regional Analysis of the Global Last-mile Logistics Digital Solutions Market:
The MMR report offers a brief analysis of the major regions in the market, namely, Europe, APAC, North America, South America, and the Middle East & Africa. Among these, the North America region is expected to hold the largest XX% growth rate during the forecast period thanks to the growing popularity of Omni-channel retailing and rapid delivery amongst consumers. Across North America, the U.S. dominated the market, with a market size of US$ XX Mn. in 2019.
Approximately 75% of companies in the U.S. have reported that the COVID-19 pandemic has disrupted their supply chain. This is mainly attributed to the COVID-19 pandemic as customers recorded a significant rise in online shopping. The rapid shift in customer behavior has put more focus on the last-mile logistics digital solutions market in the U.S.
The competitive landscape section in the last-mile logistics digital solutions market offers a deep dive into the profiles of the leading companies operating in the global market landscape. It offers captivating insights on the key developments, differential strategies, and other crucial aspects about the key players having a stronghold in the global last-mile logistics digital solutions market.
In 2019, the total revenue of LogiNext Solutions was US$ XX Mn. The fact that nearly 30% of logistics costs are paid on last-mile delivery is now known to the globe. LogiNext Mile offers the best delivery management & dispatch management software which automates delivery routes optimization and resource capacity to reduce this cost by over 20%, mainly in terms of the number of resources require and miles travelled.
The objective of the report is to present a comprehensive analysis of the Global Last-mile Logistics Digital Solutions Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Last-mile Logistics Digital Solutions Market dynamics, structure by analyzing the market segments and project the Global Last-mile Logistics Digital Solutions Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Last-mile Logistics Digital Solutions Market make the report investor’s guide.
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Global Last-Mile Logistics Digital Solutions Market
Global Last-mile Logistics Digital Solutions Market, by Region
• Asia Pacific
• North America
• South America
• Middle East & Africa
Global Last-mile Logistics Digital Solutions Market Key Players
• LogiNext Solutions
• URBANTZ S.A
• Kiva Logic
• CubeXie Software
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