A recent report published by Infinium Global Research on digital last mile platform market provides in-depth analysis of segments and sub-segments in the global as well as regional digital last mile platform market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional digital last mile platform market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global digital last mile platform market.
The rapid expansion of the e-commerce industry is driving the growth of the digital last mile platform market. With consumers increasingly relying on online shopping for a wide range of products, from groceries to electronics, there has been a substantial increase in parcel volumes. This surge is creating a demand for efficient, scalable, and technology-driven last mile delivery solutions that can handle large orders while ensuring timely deliveries. Digital last mile platforms are helping businesses address this demand by offering route optimization, real-time tracking, and streamlined delivery operations. Additionally, a rising consumer expectation for fast and flexible deliveries is stimulating the growth of the market. Today’s consumers expect same-day or even next-hour delivery options, along with features such as real-time tracking and convenient returns. This shift in expectations has put immense pressure on retailers and logistics providers to enhance their last mile capabilities. Digital last mile platforms enable companies to meet these rising demands by offering automated dispatching, dynamic route planning, and customer-centric features that improve delivery speed and satisfaction. However, the high operational costs and expenses for adopting modern technologies can impact the growth of the digital last mile platform market. Significant expenses related to fuel and labor contribute to these operational costs, while elevated logistics expenses further complicate the adoption of advanced technologies and infrastructure improvements. Limited access to modern technologies and insufficient investments in infrastructure development pose additional challenges for the growth of digital last mile platforms. Nonetheless, the growing use of AI and ML is creating opportunities for the growth of the digital last mile platform market. These technologies are enabling predictive analytics, real-time decision-making, and intelligent route optimization, which not only reduce costs but also improve delivery accuracy and efficiency. As companies continue to adopt these innovations, digital last mile platforms are expected to play a pivotal role in transforming the logistics industry, making delivery services faster, smarter, and more sustainable.
The global digital last mile platform market is geographically segmented into North America, Europe, Asia Pacific, and the Rest of the World. Among the regions, the North America region holds the dominant share of the digital last mile platform market due to its advanced technology infrastructure, high e-commerce penetration, and strong presence of logistics and retail companies. The region has seen widespread adoption of digital delivery solutions, driven by consumer demand for faster and more reliable shipping. The region's well-developed transportation networks, strong automation investment, and focus on sustainability further support the use of last mile optimization tools. Moreover, the Asia-Pacific is expected to grow with the fastest CAGR during the forecasted period in the digital last mile platform market due to rapid e-commerce expansion, urbanization, and a growing online shopping population. The region's strong mobile-first consumer base, adoption of digital payment systems, and investments in smart logistics infrastructure are accelerating the need for advanced last mile solutions. Governments and private companies are focusing on improving transportation networks, integrating sustainable delivery options, and deploying AI and IoT-enabled platforms.
| Report Coverage | Details |
|---|---|
| Market Size in 2023 | USD 7.36 Billion |
| Market Size by 2032 | USD 24.87 Billion |
| Growth Rate from 2024 to 2032 | CAGR of 14.52% |
| Largest Market | North America |
| No. of Pages | 300 |
| Market Drivers |
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| Market Segmentation | By Component, By Deployment, By Application, and By End User |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global digital last mile platform market provides a detailed analysis of segments in the market based on Component, Deployment, Application, and End User.
· Software / Platform
· Services
· Cloud
· On-premises
· Route Optimization
· Tracking
· Customer Communication
· Analytics & Reporting
· Others
· Logistics
· Retail & E-commerce
· Healthcare
· Food & Beverage
· Others
· Onfleet, Inc.
· FarEye
· The Descartes Systems Group Inc
· Shipsy.io
· Scurri Ltd
· LogiNext Solutions
· Zebra Technologies Corp.
· WorkWave
· Bringg
· Jungleworks
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the digital last mile platform market. Moreover, the study highlights current market trends and provides forecasts from 2024-2032. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.