According to a market report, published by Sheer Analytics and Insights, The global last-mile delivery software market was valued at $7.89 billion in 2021 and it is expected to reach $67.3 billion at a CAGR of 21.4% between 2022 and 2032. Last mile delivery is a term usually used for transportation or merchandise from the closest distributional platform or hub to the final destination. These destinations could be home, companies, or other businesses or organizations. In addition, this term is used in the contexts of food delivery, enterprise supply chains, and transport for delivery businesses. At present days, rising cases of last-mile delivery software is driving the market over the last past few years. Hence, this is a very essential part of the supply chain. Consumers have been growing with this facility which would benefit the market to have more growth opportunities. There are lots of enterprises that are looking for software or applications that would manage last-mile delivery to improve efficiency, delivery times, profits, and visibility. Therefore, these major factors are estimated to boost the growth of the last-mile delivery software market during the forecast period.
There are several benefits of last-mile delivery software which could be generated for multiple enterprises across various nations. For example, it enhances shipment visibility, optimizes delivery routes, improves transparency, boosts customer engagement and flexibility in delivery, boosts productivity and scalability, and it also increases profitability. Furthermore, there are other advantages of using last-mile delivery software. It can be used by optimizing routes, scaling per-day deliveries, boosting fleet productivity, and increasing customer loyalty. Moreover, it significantly decreases fuel consumption, reduces fleet management expenses, and ensures customer retention. Hence, these benefits are expected to drive the growth of the last-mile delivery software market.
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However, technologies are becoming advanced at present days. There are new technologies such as artificial intelligence, machine learning, and big data, among others which are developing every year. Thus, companies are adopting these new technologies to create last-mile delivery software or applications. These would benefit the global last-mile delivery software market during the forecast period. Furthermore, these technologies would assist companies in managing, tracking, and scheduling last-mile delivery operations. These major concerns are projected to fuel market growth during the forecast period.
M-Tools is the world’s most versatile technology platform to launch and scale highly customized delivery operations. In 2022, Google launched new tools to help businesses optimize their delivery operations. Hence, the company has announced to launch of two new tools for businesses that operate extensive delivery fleets. Additionally, the company has also launched cloud fleet routing solutions associated with last-mile delivery tools. Moreover, LogiNext has launched MILE which is an integrated last-mile delivery platform. This is also America’s first integrated last-mile delivery platform. Therefore, these new launches are expected to drive the growth of the last-mile delivery software market across the globe during the forecast period from 2022 to 2032.
According to the study, key players dominating the global last mile delivery software market are Amazon (U.S), Alibaba Group (China), Alphabet Inc (U.S), Bringg Baack (India), Bringoz (Israel), Deliforce (India), Drone Delivery (Canada), Dispatch Science (Canada), DESCARTES (Canada), Delivery Biz Pro (U.S), Flytex (UAE), FarEye Technologies (India), Gartner (U.S), Kiva Logic (U.S), LogiNext (U.S), Oracle Corporation (U.S), Onfleet (U.S), Onro (Malaysia), Pick Pack Packaging (India), Robby Technologies (U.S), SmartConsign Ltd (U.K), among others.
The Global Last Mile Delivery Software Market Has Been Segmented Into:
The Global Last-Mile Delivery Software Market – by Platform Type:
- Cloud
- On-Premises
The Global Last-Mile Delivery Software Market – by Solution Type:
- Hardware
- Software
- And Other Services
The Global Last-Mile Delivery Software Market – by End-User Type:
- Retail
- Healthcare Sectors
- Food and Beverages
- Others
The Global Last-Mile Delivery Software Market – by Regions:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Australia
- Rest of Asia Pacific
- LAMEA
- Middle East
- Saudi Arabia
- UAE
- Others
- Latin America
- Brazil
- Chile
- Others
- Africa
- South Africa
- Egypt
- Others
Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/last-mile-delivery-software-market-21
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