Last-mile Logistics Digital Solution Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

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.

MARKET SCOPE

The "Global Last-mile logistics digital solution market Analysis to 2031" is a specialized and in-depth study of the Last-mile logistics digital solution market with a special focus on the global market trend analysis. The report aims to provide an overview of the Last-mile logistics digital solution market with detailed market segmentation by deployment, component, and geography. The global Last-mile logistics digital solution market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Last-mile logistics digital solution market players and offers key trends and opportunities in the Last-mile logistics digital solution market.

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.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Last-mile logistics digital solution market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Last-mile logistics digital solution market in these regions.

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.

MARKET PLAYERS

The report covers key developments in the Last-mile logistics digital solution market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Last-mile logistics digital solution market are anticipated to lucrative growth opportunities in the future with the rising demand for the Last-mile logistics digital solution market in the global market. 
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Last-mile logistics digital solution market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• LogiNext Solutions
• Fixlastmile
• Peerbits
• Bringg
• URBANTZ S.A
• Zoblite
• FarEye
• Jungleworks
• CubeXie Software
• Kiva Logic.

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study. 

Last-mile Logistics Digital Solution Report Scope