Last-mile Logistics Digital Solution Market Growth Set to Surge Significantly during 2022 - 2028

Last-mile Logistics Digital Solution Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solution, Services); Deployment (On-Premise, Cloud) and Geography

A last-mile logistics delivery solution is an ideal solution that provides automated delivery route planning and route optimization, realtime resource allocation, and realtime tracking information. Rising expectation for fast delivery of packages from consumers and adoption of autonomous vehicles (air or ground) technology for product delivery has boosted the global last-mile digital logistics solutions market. Increasing expectations for rapid delivery among consumers is a major factor for increased delivery efficiency and reduced delivery time, which has fueled the adoption of advance delivery drones. Majority e-commerce and retail companies are employing advanced light-weighted delivery drones that help them increase their service portfolio.

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Companies Profiled in this report includes: LogiNext Solutions, Fixlastmile, Peerbits, Bringg, URBANTZ S.A, Zoblite, FarEye, Jungleworks, CubeXie Software, Kiva Logic.

MARKET SEGMENTATION

The global Last-mile logistics digital solution market is segmented on the basis of component, deployment, and enterprise size, and industry vertical.

On the basis of component, the market is segmented as solution, and services.

On the basis of deployment, the market is segmented as on-premise, and cloud.

MARKET DYNAMICS

Drivers

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.

Restraints

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.

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IMPACT OF COVID-19 ON Last-mile logistics digital solution MARKET

The rapid spread of the Covid-19 pandemic has triggered a massive financial crisis and created a health crisis across the globe. The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the Last-mile logistics digital solution market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.

Key Elements that the report acknowledges:

Market size and growth rate during forecast period.

Key factors driving the "Last-mile Logistics Digital Solution market" market.

Key market trends cracking up the growth of the "Last-mile Logistics Digital Solution market" market.

Challenges to market growth.

Key vendors of "Last-mile Logistics Digital Solution market" market.

Detailed SWOT analysis.

Opportunities and threats faces by the existing vendors in Global "Last-mile Logistics Digital Solution" market.

Trending factors influencing the market in the geographical regions.

Strategic initiatives focusing the leading vendors.

PEST analysis of the market in the five major regions.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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