Market Definition
The last-mile delivery solutions market focuses on optimizing the final delivery stage from distribution centers to end consumers. It includes traditional courier services, advanced delivery platforms, autonomous vehicles, drones, and route optimization software. This sector meets the rising demand for faster, efficient e-commerce and retail delivery, prioritizing convenience, sustainability, reduced costs, and improved customer satisfaction.
Market Outlook
The last-mile delivery solutions market is projected to grow from $40.5 billion in 2023 to $123.3 billion by 2033, registering a CAGR of 11.9%.
In 2023, the Last-mile Delivery Solutions Market handled 3.2 billion parcels, projected to reach 5.5 billion by 2033. The B2C segment leads with a 55% market share, driven by e-commerce growth and consumer demand for faster deliveries, followed by B2B (30%) and C2C (15%). Key players like Amazon Logistics, FedEx, and DHL are advancing the market through innovations such as drones and enhanced route optimization software.
The market is shaped by regulatory pressures, including emissions mandates and urban delivery restrictions, alongside technological advancements in AI and autonomous vehicles. Despite challenges like compliance and rising costs, the sector is poised for 10% annual growth, transforming last-mile logistics.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
Market Segmentation
| Type | Crowdsourced Delivery, Drones, Parcel Locker, Self-Driving Vehicles |
| Product | Software, Hardware, Services |
| Services | Real-Time Tracking, Route Optimization, Same-Day Delivery, Scheduled Delivery |
| Technology | Artificial Intelligence, Blockchain, Internet of Things (IoT), Robotics, Automation |
| Component | Sensors, GPS Systems, RFID Tags, Communication Systems |
| Application | E-commerce, Retail, Food and Beverage, Healthcare, Postal Services |
| Deployment | Cloud-Based, On-Premise, Hybrid |
| End User | B2B, B2C, C2C |
| Mode | Air, Road, Rail |
Major Players
- Bringg
- Onfleet
- DispatchTrack
- Shippo
- Delhivery
- Gatik
- Nuro
- Locus
- ParcelLab
- Stuart
- FarEye
- Tookan
- GetSwift
- Roadie
- Sendle
- Sorted
- Postmates
- Gophr
- Zippykind
- Cargamos
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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