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Autonomous Last Mile Delivery Market Trends

Report ID: GMI5366
Published Date: May 2024
Report Format: PDF

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Autonomous Last Mile Delivery Market Trends

The integration of data analytics, machine learning, and predictive analytics tools enhances route optimization, demand forecasting, and real-time tracking in autonomous last mile delivery systems. Meanwhile, the expansion of drone delivery systems extends the reach and efficiency of last mile logistics, particularly in urban and remote areas. These trends collectively drive innovation and efficiency in the autonomous last mile delivery industry, meeting the evolving needs of businesses and consumers alike.

For instance, in March 2024, DroneUp introduced pioneering technology for last-mile logistics, integrating automated ground infrastructure, advanced software systems, and an autonomous drone vehicle type in an innovative approach.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of autonomous last mile delivery surpassed USD 956.8 million in 2023 and may record more than 22% CAGR between 2024 and 2032, owing to advancements in AI, robotics, sensor technology, and the rising demand for efficient and cost-effective delivery solutions.

The robot segment will record over 45% share revenue by 2032, primarily due to the versatility and agility of robots in navigating urban environments and delivering packages efficiently.

North America market size was USD 355.1 million in 2023, driven by strong technological infrastructure, extensive adoption of e-commerce, and robust consumer demand.

Prominent players, including Alibaba, Amazon, DHL, FedEx, JD.com, Kiwibot, Starship Technologies, UPS, Yandex, and Zipline are operating in the industry.