The last-mile delivery has become a cog in the Ecommerce wheel, that’s reducing logistics costs and delighting the customers by meeting the need for speed. However, it’s facing several challenges due to evolving trends, changing customer expectations, and modernization. It necessitates the companies to adopt the latest trends to prevent worse conditions and secure a bright future
With- Covid-19 has badly hit every industry vertical, but last-mile delivery app development has got a positive lift up. See the facts confirming the same.
The global autonomous last-mile delivery market is expected to be valued at $15.70 billion in 2021 and is projected to reach $117.9 billion by 2030.
Read more : Top 7 Ways Ecommerce Stores Can Reduce the Delivery Cost
The vehicle type, that’s ground delivery bots’ segment is expected to generate $4.56 billion in revenue, and is estimated to reach $34.90 billion by 2030.
North America is projected as the highest revenue contributor, accounting for $4.83 billion by 2021, and is estimated to reach $39.94 billion by 2030.
Why is it so?
The last-mile delivery that acts as a user-facing part of the business facilitates expedited deliveries, enables efficient tracking, and forms an important part of the value chain. Moreover, it has become a cog in the Ecommerce wheel, that’s reducing logistics costs and delighting customers by meeting the need for speed.
However, everything is not so rosy. The last-mile delivery- the final leg of the supply chain is facing several challenges due to evolving trends, changing customer expectations, and modernization. It necessitates the companies to adopt the trends to prevent worse conditions and secure a bright future.
Read more : Last-mile Delivery Trends to Look In 2021
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