PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1510255
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1510255
US Digital Last Mile Platform Market is valued approximately USD 1.91 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 14.66% over the forecast period 2024-2032. Digital Last Mile Platform is a digital infrastructure intended to optimize and simplify the last phase of the delivery process in supply chain management and logistics. Through addressing issues including route planning, vehicle scheduling, delivery tracking, and client communication, these platforms aim to enhance customer happiness, delivery accuracy, and speed. Furthermore, rising integration of autonomous drones into last-mile delivery operations are gaining attention towards US Digital Last Mile Platform Market. Autonomous drones have the capability to access remote or hard-to-reach areas that may be challenging for traditional delivery vehicles to navigate. This expanded delivery reach allows logistics companies to serve a wider customer base, including rural areas and locations with limited infrastructure.
The US Digital Last Mile Platform Market is driven by increasing demand of express delivery services and growing presence of key e-commerce market players across the region. E-commerce retailers are increasingly offering same-day or next-day delivery options to attract and retain customers in a competitive market. Digital last-mile platforms play a crucial role in supporting e-commerce logistics by facilitating seamless integration between online storefronts, order management systems, and last-mile delivery operations. In addition, e-commerce market players, such as Amazon, Walmart, and Target, are driving the rapid growth of online shopping in the US. As consumers increasingly turn to online channels to make purchases, there is a corresponding surge in demand for efficient last-mile delivery services to fulfill these orders. However, high spending associated to digital last mile platforms and increasing chances of data theft is going to impede the overall demand for the market during the forecast period 2024-2032.