Smart Parcel Delivery Locker Market by Historical Data, Segmentation, Growth Opportunities Forecast till 2028

The global Smart Parcel Delivery Locker Market is expected to grow from US$ 677.6 million in 2021 to US$ 1,644.1 million by 2028; it is estimated to grow at a CAGR of 13.5% from 2021 to 2028.

Buy online, pick up in store (BOPIS) is emerging as an ideal strategy for retail stores. BOPIS enables customers to shop from the comfort of their homes and receive their parcels from a store or pickup location. The retailers are rapidly using BOPIS or click and collect to offer in-store pickup for customers, giving them the option to pick up a purchased item in-store rather than having it shipped to their home.

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Analysis of the Top Market Players:

1. Smartbox
2. Cleveron
3. DeBourgh
4. KEBA
5. Kern Ltd
6. Package Nexus
7. Patterson Pope
8. RENOME SMART
9. Snaile Inc.
10. TZ Limited

In this report, the market has been segmented on the basis of:

Type (Standard Smart Locker and Temperature Controlled Smart Locker)
Component (Hardware and Software)
Application (Retail, Residential, University, Office, and Others)

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There is also a rising trend of curbside pickup, where customers can pick up their items outside the store or in the parking lot. This makes the solution less expensive for businesses and customers as it eliminates shipping fees and operational costs associated with shipping the orders. The flexibility offered by the BOPIS shopping experience is increasing the adoption of smart parcel delivery locker systems for order storage and management. According to industry experts, approximately 67% of shoppers in the US use BOPIS, which is propelling the market growth in the country. Retailers such as Walmart, Home Depot, and others are embracing the BOPIS solution.

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