Last-mile Logistics Digital Solution Market Comprehensive Study With Key Trends, Major Drivers And Top Manufacturers by 2028

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.

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