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. Due to rising facilities of online shopping platforms, and advanced technologies, the last-mile delivery software market is estimated to gain more significant growth during the forecast period. Additionally, many key players are producing software that would benefit the last-mile delivery platform for a large number of customers.
Over the last two and a half years, during the pandemic situation of COVID-19, people were unable to go out and purchase anything from the offline market. So due to this, online shopping platform has driven the global last-mile delivery software over the last few years. However, technologies are getting developed every year, and there are so many people out there who are trying to use online purchasing platforms. Hence, due to the increasing usage of smartphones, and new applications associated with online buying, the last-mile delivery software market is anticipated to witness more growth throughout the upcoming years. This software could address some of the major challenges such as increased visibility, boosting customer experience and engagement, optimizing delivery routes, and customizing delivery locations. Hence, these advantages are expected to boost the last-mile delivery software market in the upcoming years. There are multiple key players which are focusing on developing new market strategies with the help of investment in R&D activities. These key players are also trying to make partnerships with other software companies to create good software for their wide number of customers.
Source: SAI Research
Based on platform type, the global last-mile delivery software market is segmented into cloud and on-premises. The cloud segment holds the largest share of the market and is anticipated to accelerate the market during the upcoming years with more growth opportunities. The demand for cloud-based software is increasing as it delivers end-to-end encryption. It also provides rapid scalability, greater computing power, and high levels of shortage capacity and enables highly productive service and management efficiency. Various business companies and organizations associated with IT and Telecom market use cloud-based platforms or software which gives them complete security power which would help them in a smooth workflow.
Based on solution type, the global last-mile delivery software market is categorized into hardware, software, and other services. Among these, software service accounted for the largest share of the market and is anticipated to accelerate the growth of the market over the upcoming years. Due to the increasing demand for software services in IT farms and other industries, and rising adoption by other companies, the global last-mile delivery software market is genuinely projected to have significant growth.
Based on end-user type, the global last-mile delivery software market is categorized into retail, healthcare sectors, and food and beverages, among others. The food and beverages segment is accounted for the maximum share of the market. This category provides various online services to a wide number of consumers. They are focusing on delivering food in their cities from various nations. Through mobile applications, people are ordering foods and other beverages, which is helping the last-mile delivery software gain a more significant share.
Geographically, the market is divided into North America, Europe, Asia-Pacific, Latin America, and Africa. Among these, the Asia-Pacific region holds the largest share of the market and it is estimated to hold its dominant position during the forecast period. Most of the key players are located in this region which is focusing on adopting advanced software technologies such as artificial intelligence, big data, machine learning, and others. This would benefit the market to gain more growth opportunities over the upcoming years. On the other hand, the Europe market is estimated to become the second-fastest market during the forecast period due to the rising usage of smartphones and mobile applications which is associated with delivery platforms.
According to the study, key players such as 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 are leading the global last-mile delivery software market.
|Market Size in 2021||US$ 7.89 Billion|
|Market Volume Projection by 2032||US$ 67.3 Billion|
|Forecast Period 2022 to 2032 CAGR||21.4%|
|Historical Data||2019, 2020 and 2021|
|Forecast Period||2022 to 2032|
By Platform Type: Cloud, On-Premises
By Solution Type: Hardware, Software & Other Services
By End-User Type: Retail, Healthcare Sectors, Food and Beverages & Others
North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
|Companies covered||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) & Others|
The Global Last-Mile Delivery Software Market – by Platform Type:
The Global Last-Mile Delivery Software Market – by Solution Type:
The Global Last-Mile Delivery Software Market – by End-User Type:
The Global Last-Mile Delivery Software Market – by Regions: