AI-Enabled Last Mile Delivery Market Segmentation:
Type Segment Analysis
The global AI-enabled last mile delivery market is segmented and analyzed for demand and supply by type into hardware, software, services, predictive analysis, and others. Amongst these three segments, the hardware segment is expected to garner a significant share in the year 2035. The hardware segment is further bifurcated into autonomous delivery robots, computing systems, and others. Nowadays, autonomous delivery robots are in trend and highly utilized for the fast delivery of lightweight items. These delivery robots can also be described as self-driving vehicles used for delivering goods. Autonomous delivery robots are highly used for delivering food items and medicines. For instance, nearly 30% of the global population was observed to order food online twice a week.
End-user Segment Analysis
The global AI-enabled last mile delivery market is also segmented and analyzed for demand and supply by end-user industry e-commerce, logistics, healthcare, travel & tourism, food & beverage, and others. Out of these sub-segments, the e-commerce segment is estimated to gain the largest market share in the year 2035. The growth of the segment can be attributed to the growing e-commerce industry, backed by the shift in preferences of consumers towards online shopping from the conventional brick-and-mortar retailing business model, followed by the increasing trends of varied delivery options which helps businesses generate sales. Over the past few years, there has been an increasing development in information technology. Businesses worldwide have widely implemented information technology, such as artificial intelligence and machine learning to their existing business models for the enrichment of their existing service delivery processes. Moreover, a dynamic shift in preferences amongst customers for faster deliveries, along with the growing trends for same-day delivery, next-day delivery, and others including the ease of customized delivery slots, are some of the additional factors anticipated to drive the growth of the segment in the coming years.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By Business Model |
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By End-User Industry |
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