Last Mile Delivery Market is projected to reach with a CAGR growth rate of 16.7% from 2019 to 2027

Last Mile Delivery Market is projected to reach with a CAGR growth rate of 16.7% from 2019 to 2027 Published on: 11 July 2019 help@24marketreports.com +1(646)-781-7170 (Int'l) +91 8087042414 (Asia)

Report Description • The global last mile delivery market was valued at US$ 1.99 Bn in 2018 and is expected to reach US$ 7.69 Bn by 2027 with a CAGR growth rate of 16.7% in the forecast period from 2019 to 2027.

• The logistics services have been dependent on the manual labor starting from inventory planning, stocking, and management of warehouse, dispatch, and deliveries. Nevertheless, automation helps in optimizing the processes in a way that enable the firms to offer efficient services and save time. Many warehouses have already deployed advanced solutions, including automated loading & unloading systems. Further, advancements in data processing and optics enable the automation of complicated processes.

• The factors driving the last mile delivery market is embraced with, integration of advanced technologies into existing systems, rise in the consumers demand for just-in-time delivery. However, the inappropriate structure of transportation mode and parcel deliveries is expected to hinder the growth of last mile delivery market in the coming years. ©All Rights Reserved, 24 Market Reports

Last Mile Delivery 6

5

4

3

2

1

0

United States

Europe commercial

China industrial

Japan

warehouse

ŠAll Rights Reserved, 24 Market Reports

Table of Contents 1.1 Scope of the Study 1.2 The Insight partners research report guidance 1.3 Market Segmentation 1.3.1 Global Last Mile Delivery Market ? By Technology 1.3.2 Global Last Mile Delivery Market ? By Type 1.3.3 Global Last Mile Delivery Market ? By Application 1.3.4 Global Last Mile Delivery Market ? By Geography 2. Key Takeaways 3. Research Methodology ŠAll Rights Reserved, 24 Market Reports

Get in touch

+1(646)-781-7170 (Int'l)

+91 8087042414 (Asia)

help@24marketreports.com

www.24marketreports.com

Full Report Url: https://www.24marketreports.com/automotive-and-transportation/g lobal-last-mile-delivery-2027-832 ŠAll Rights Reserved, 24 Market Reports