AI-Enabled Last Mile Delivery Market Recent Trends & Business Opportunities By 2029

New York, United States, Sunday, March 13, 2022 6:49:10 am / Comserve Inc. / — Top Key Players; Jenny Labs Ltd., TRANSMETRICS AD, ClearMetal Inc., Robby Technologies, Freightos (Tradeos, Ltd.), Detrack Systems Pte. Ltd., Postmates, LLC, PickPack, Refraction AI, Rapidus, Inc. and NVIDIA

Research Nester published a report entitled AI-enabled last-mile deliveryMarket: Global Demand Analysis and Opportunity Outlook 2029which provides a detailed overview of the global AI-enabled last mile deliveries market in terms of market segmentation by type, business model, end-use industry and region.

Additionally, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risks along with a detailed discussion of current and future market trends associated with the growth of the market.

The globe AI-supported delivery market for the last mile is segmented into E-Commerce, Logistics, Healthcare, Travel & Tourism, Food & Beverage and Others by end-use industry, of which the E-Commerce industry segment is expected to capture the largest market share by the end of 2021, owing to the growing E-Commerce industry and the growing trends for the availability of different last mile delivery options.

The global AI-enabled last mile delivery market is expected to show a remarkable CAGR during the forecast period i.e. 2021-2029 owing to the increasing demand for last mile delivery solutions in the end-user industries for enhanced customer satisfaction and revenue generation as well as the Recent trends towards contactless delivery among end consumers due to growing concerns about the COVID-19 pandemic.

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Regionally, the global AI-enabled last mile deliveries market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa regions, of which North America market is expected to grow with the largest market share by the end of 2029 due to the presence of several key players in the region and increasing awareness among business organizations of such technologies.

Need to amplify consumer experiences in companies by streamlining last mile delivery processes

There is a growing need among business organizations worldwide to optimize their operational costs for last mile delivery by not lowering consumer satisfaction indices. Business organizations are opting for various last mile delivery models such as: B. Same day delivery, next day delivery and custom delivery time slots to improve customer experience. As doorstep delivery is now more of a mandatory norm and consumer expectations for enhanced service delivery are increasing, business organizations are increasingly adopting artificial intelligence (AI) and machine learning (ML) based technologies that can help streamline and improve their business processes. As AI-enabled last-mile delivery technologies help companies to plan, execute and increase their efficiencies, these technologies also help reduce their operational costs, which is expected to drive the market growth in the years to come.

However, the high initial deployment costs of AI-enabled technologies, increasing the degree of unwillingness of business organizations to adopt such technologies, are expected to limit the growth of the global AI-enabled last-mile delivery market beyond forecast Period.

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This report also presents the existing competitive scenario of some of the major players in the global AI-enabled last mile delivery market, including company profiles of Jenny Labs Ltd., TRANSMETRICS AD, ClearMetal Inc., Robby Technologies, Freightos (Tradeos, Ltd. ) , Detrack Systems Pte. Ltd., Postmates, LLC, PickPack, Refraction AI, Rapidus, Inc. and NVIDIA Corporation NVDA. The profiling includes key company information, which includes a business overview, products and services, key financial metrics, and breaking news and developments. Overall, the report provides an in-depth overview of the global AI-enabled last-mile deliveries market that will help industry consultants, device manufacturers, existing players looking for expansion opportunities, new players looking for opportunities, and other stakeholders to make their market centric Align strategies accordingly with the current and expected trends in the future.

Research Nester is a one-stop service provider, at the forefront of strategic market research and consulting with an unbiased and unparalleled approach to helping global industrial companies, conglomerates and executives make smart decisions for their future investments and expansions by providing them with qualitative market insights and deliver strategies while avoiding future uncertainties. We believe in honesty and pure hard work that we trust is reflected in our work ethic. Our vision is not just limited to earning the trust of our customers, but also being respected by our employees and valued by the competition.

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