Autonomous Last Mile Delivery Market Size to Hit USD 51.38 Billion

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According to Fortune Business Insights, the global autonomous last mile delivery market size is projected to grow from USD 11.12 billion in 2021 to USD 51.38 billion in 2028, at CAGR of 24.4% during forecast period. This information is presented by Fortune Business Insights™, in its report titled, “Autonomous Last Mile Delivery Market, 2021-2028.”

Request a Sample Copy of the Research Report: 

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/autonomous-last-mile-delivery-market-105598

Segmentation

Vehicle Type, Solution, Range, and Region are Studied

On the basis of vehicle type, the market is classified into aerial delivery drones, ground delivery bots, and self-driving trucks & vans. The ground delivery bots segment holds the major share in the global market.

By solution, the market is categorized into hardware, software, and services.

In terms of range, the market is divided into long-range and short-range.

Geographically, the market is branched into North America, Europe, Asia Pacific, and the rest of the world.

Click here to get the short-term and long-term impacts of COVID-19 on this Market. Please visit: https://www.fortunebusinessinsights.com/autonomous-last-mile-delivery-market-105598

Regional Insights

North America was worth USD 3.59 billion in 2020 and held the largest autonomous last mile delivery market share. On the grounds of regional examination, this region dominates the global market and is also anticipated to display sudden growth during the upcoming period.

European autonomous last mile delivery market players and delivery companies are establishing diverse autonomous last mile delivery automobiles and teaming up with numerous companies to safeguard prompt delivery along with the protection of users. This is triggering exponential demand for autonomous last mile delivery services in the European market.

The Asian players in the delivery market are expected to mark colossal success owing to the factor that these players operate on medical gear supplied between hospitals. Therefore, this is projected to boost the autonomous last mile delivery market growth in future.

COVID-19 Impact

COVID-19 Pandemic to Fast-track Practicality of Autonomous Delivery owing to Its Fast & Harmless Deliveries

The outbreak of the COVID-19 pandemic has commenced several industries, involving e-commerce and online shopping business. The pandemic has fast-tracked digitalization and risen the value of data for last mile delivery technologies as consumers' demand for single-day delivery with comfortable accomplishment of progressive technology has bolstered the implementation of drones and delivery robots owing to stringent COVID-19 norms.

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