{"id":19561,"date":"2024-12-10T22:40:28","date_gmt":"2024-12-10T22:40:28","guid":{"rendered":"https:\/\/wordpress-1147733-4643473.cloudwaysapps.com\/news\/last-mile-delivery-market-in-north-america-to-grow-by-usd-18-78-billion-2024-2028-driven-by-us-b2c-e-commerce-and-ai-powered-market-evolution\/"},"modified":"2024-12-10T22:40:28","modified_gmt":"2024-12-10T22:40:28","slug":"last-mile-delivery-market-in-north-america-to-grow-by-usd-18-78-billion-2024-2028-driven-by-us-b2c-e-commerce-and-ai-powered-market-evolution","status":"publish","type":"post","link":"https:\/\/rvrising.com\/blogs\/news\/last-mile-delivery-market-in-north-america-to-grow-by-usd-18-78-billion-2024-2028-driven-by-us-b2c-e-commerce-and-ai-powered-market-evolution\/","title":{"rendered":"Last Mile Delivery Market in North America to Grow by USD 18.78 Billion (2024-2028), Driven by US B2C E-Commerce and AI-Powered Market Evolution"},"content":{"rendered":"

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NEW YORK<\/span><\/span>, Dec. 10, 2024<\/span><\/span> \/PRNewswire\/ — Report on how AI is driving market transformation – The\u00a0last mile delivery market in north america<\/a>\u00a0size is estimated to grow by USD 18.78 billion<\/span> from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of \u00a04.93%\u00a0 during the forecast period. Growing B2C e-commerce industry in the US\u00a0is driving market growth,\u00a0with a trend towards\u00a0strong focus on technological advances. However,\u00a0operational challenges for last mile delivery companies \u00a0poses a challenge. Key market players include ArcBest Corp., Averitt Express Inc., AxleHire, C H Robinson Worldwide Inc., CMA CGM SA Group, CRST The Transportation Solution Inc., DDC Logistics Inc., Deutsche Bahn AG, DSV AS, FarEye Technologies Inc., FedEx Corp., GEODIS, J B Hunt Transport Services Inc., Llama Logisol Pvt. Ltd., Ryder System Inc., SEKO Logistics, SF Express Co. Ltd., Washington Express LLC, Werner Enterprises Inc., XPO Inc., and JungleWorks Inc..<\/p>\n

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\"Technavio<\/a>
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\n Technavio has announced its latest market research report titled Last Mile Delivery Market in North America 2024-2028
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Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF<\/a><\/p>\n

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Last Mile Delivery Market In North America Scope<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n

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Report Coverage<\/span><\/p>\n<\/td>\n

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Details<\/span><\/p>\n<\/td>\n<\/tr>\n

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Base year<\/span><\/p>\n<\/td>\n

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2023<\/span><\/p>\n<\/td>\n<\/tr>\n

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Historic period<\/span><\/p>\n<\/td>\n

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2018 – 2022<\/span><\/p>\n<\/td>\n<\/tr>\n

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Forecast period<\/span><\/p>\n<\/td>\n

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2024-2028<\/span><\/p>\n<\/td>\n<\/tr>\n

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Growth momentum & CAGR<\/span><\/p>\n<\/td>\n

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Accelerate at a CAGR of 4.93%<\/span><\/p>\n<\/td>\n<\/tr>\n

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Market growth 2024-2028<\/span><\/p>\n<\/td>\n

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USD 18.78 billion<\/span><\/p>\n<\/td>\n<\/tr>\n

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Market structure<\/span><\/p>\n<\/td>\n

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Fragmented<\/span><\/p>\n<\/td>\n<\/tr>\n

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YoY growth 2022-2023 (%)<\/span><\/p>\n<\/td>\n

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5.53<\/span><\/p>\n<\/td>\n<\/tr>\n

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Regional analysis<\/span><\/p>\n<\/td>\n

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North America<\/span><\/p>\n<\/td>\n<\/tr>\n

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Performing market contribution<\/span><\/p>\n<\/td>\n

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North America at 100%<\/span><\/p>\n<\/td>\n<\/tr>\n

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Key countries<\/span><\/p>\n<\/td>\n

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US, Canada, and Mexico<\/span><\/p>\n<\/td>\n<\/tr>\n

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Key companies profiled<\/span><\/p>\n<\/td>\n

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ArcBest Corp., Averitt Express Inc., AxleHire, C H Robinson Worldwide Inc., CMA CGM SA Group, CRST The Transportation Solution Inc., DDC Logistics Inc., Deutsche Bahn AG, DSV AS, FarEye Technologies Inc., FedEx Corp., GEODIS, J B Hunt Transport Services Inc., Llama Logisol Pvt. Ltd., Ryder System Inc., SEKO Logistics, SF Express Co. Ltd., Washington Express LLC, Werner Enterprises Inc., XPO Inc., and JungleWorks Inc.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/p><\/div>\n<\/div>\n

Market Driver<\/b><\/p>\n

Last mile delivery and logistics in North America<\/span> are experiencing significant trends. The transportation hub and warehouse sectors are key players, managing the movement of goods from shipping activities to customers’ doorsteps. Weak infrastructure and logistics costs remain challenges, but technology adoption is paradigm-shifting. Autonomous delivery via motorcycles, LCVs, HCVs, drones, and delivery robots is on the rise. B2C deliveries dominate, with regular, same day, and express options for FMCG, healthcare, mails and packages, and cosmetic and international destinations. Technology, including cloud platforms, advanced sensors, and autonomous vehicles, is transforming the delivery process. Logistics professionals coordinate timely, satisfactory deliveries using cutting-edge systems, robotics, artificial intelligence, and advanced sensors. The shift to contactless delivery services and autonomous mobility, including 5G technology and unmanned vehicles, is shaping the future of last mile delivery. The supply chain, including warehousing, distribution, and fulfillment services, is adapting to these advancements, ensuring supply chain reliability and enhanced safety. The aviation industry, including fun flights, helicopters, and airplanes, is exploring aerial delivery drones for cargo and medications. The future of last mile delivery is an exciting blend of advanced technologies and human intervention.\u00a0<\/p>\n

In the North American last mile delivery market, there is a significant trend toward utilizing technological advancements for real-time package tracking. Consumers can now manage and modify retail deliveries using accessible online tools, ensuring transparency and control over their package deliveries. However, for large or high-value packages, customers must collect these directly during delivery due to security concerns. This presents a challenge for delivery providers, leading them to offer web and mobile applications for managing the scheduling of such deliveries. These tools streamline the process and enhance the overall customer experience.\u00a0<\/p>\n

Request Sample<\/a>\u00a0<\/b>of our comprehensive report now to stay ahead in the AI-driven market evolution!<\/p>\n

Market Challenges<\/b><\/p>\n