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First Mile Logistics Delivery Software Market Trends

  • Report ID: GMI10504
  • Published Date: Jul 2024
  • Report Format: PDF

First Mile Logistics Delivery Software Market Trends

There is an increasing trend towards collaborative platforms that link shippers, carriers, and warehouse operators in the first-mile logistics sector. Artificial intelligence and machine learning are being integrated into first-mile logistics software to improve decision-making, optimize routes, and predict potential disruptions. In addition, real-time tracking capabilities are included as a standard feature in this software, as businesses seek greater visibility into their supply chains to monitor shipments, predict arrival times, and manage inventory more efficiently.

 

Cloud-based logistics software solutions are becoming increasingly popular, owing to their scalability, flexibility, and cost-effectiveness. Further, there is a growing focus on sustainability in logistics, with first mile logistics software being developed to support green initiatives, such as optimized delivery routes to lower fuel consumption and emissions. Furthermore, the adoption of Internet of Things (IoT) devices and automation in first mile logistics has been growing in recent years. IoT devices offer real-time data on the condition and location of goods, while automation streamlines tasks like sorting, packing, and loading. This combination improves operational efficiency and minimizes manual errors.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of first mile logistics delivery software reached USD 3.8 billion in 2023 and is set to register over 7.6% CAGR between 2024 and 2032, propelled by the surge in e-commerce.

The cloud-based first mile logistics delivery software industry accounted for over 68% share in 2023, driven by scalability, flexibility and cost efficiency.

North America market held 36% share in 2023, led by the exponential rise in e-commerce activities.

Epicor Software Corporation, Blue Yonder, nDescartes Systems Group, Kinaxis, ShipBob, and Shipsy among others.

First Mile Logistics Delivery Software Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 360
  • Countries covered: 23
  • Pages: 240
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