Inkwood Research anticipates that the global automated last mile delivery market will garner $39404.90 million by 2028, growing at a CAGR of 18.51%, across the forecast years of 2021 to 2028. Although several operations are already underway, the report estimates the market size from 2021 as the market is likely to witness strong opportunity avenues and significant investments. Last mile delivery is among the most expensive and cumbersome steps, across logistics. GLOBAL AUTOMATED LAST MILE... Read more
The Asia Pacific automated last mile delivery market is predicted to garner a CAGR of 17.50%, during the forecast years of 2021 to 2028. The region's market growth is attributed to the logistics industry's developments due to the thriving retail and e-commerce sectors, consistent urbanization, rapid economic growth, and the rise in the middle-class population. Japan, India, Australia & New Zealand, China, Vietnam, Indonesia, South Korea, Thailand, and the rest of the Asia Pacific are... Read more
The Europe automated last mile delivery market is projected to harbor a CAGR of 18.75%, during the forecast period of 2021 to 2028. Automation developments within the region’s retail sector, as well as the impact of the coronavirus pandemic, have significantly propagated the market growth. The Europe automated last mile delivery market growth is assessed across the United Kingdom, Italy, Germany, Belgium, France, Poland, Russia, and the rest of Europe. Automated deliveries have been taking... Read more
The North America automated last mile delivery market is projected to garner a CAGR of 19.16% during the forecast period, 2021-2028. The thriving logistics industry is one of the primary factors influencing the growth of the market in the region. The United States and Canada are analyzed in the North America automated last mile delivery market growth assessment. The rising adoption of automation in last mile delivery services in the North American region has empowered... Read more
The global automated fare collection system market is predicted to garner $18378 million by 2028, growing at a CAGR of 11.51% during the forecast period. The base year considered for the study is 2019. The estimated period is between 2020 and 2028. The rising use of smartphones is a crucial driving force for the automated fare collection system market. Today, the total number of smartphone users globally have surpassed the three billion mark, and is estimated... Read more