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e-Commerce & Contactless Spur Last Mile Delivery Growth to a 15% Global CAGR from 2020-2025

·2 min read

OYSTER BAY, N.Y., Feb. 23, 2021 /PRNewswire/ -- Double-digit e-commerce growth and a continued desire for contactless delivery have fostered healthy growth of local delivery options, despite slower growth for other commercial transportation verticals. According to global tech market advisory firm, ABI Research, telematics connections for last mile delivery in North America alone are forecasted to more than double from .51 million to 1.03 million in 2025.

ABI Research  www.abiresearch.com (PRNewsFoto/ABI Research)
ABI Research www.abiresearch.com (PRNewsFoto/ABI Research)

"These opportunities range from massive retailers like Amazon, Walmart, and Target, along with local grocers, beverage companies, and restaurants," states Susan Beardslee, Principal Analyst, Freight Transportation & Logistics. Some of these customer options began building customer loyalty prior to 2020, although in more limited locations and lesser penetration. It is seen as a critical tool to address limited delivery capacity and safety of employees and customers.

2021 will continue to see additional form factors including Unmanned Ground Vehicles (UGV's) to expand the need for contactless delivery and the need to scale last mile and yard, with governments allowing multiple exemptions in urban and suburban areas as well as corporate and college campuses. "These options provide more affordable, sustainable, and efficient use of resources. It can be a key lever in reducing the approximate 50% of the cost of goods sold associated with last mile delivery," Beardslee concludes.

These findings are from ABI Research's Commercial Telematics market data report. This report is part of the company's Freight Transportation & Logistics research service, which includes research, data, and ABI Insights. Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight where opportunities lie.

About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。

For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info:

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

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SOURCE ABI Research