Last Mile Delivery Software Market By Product (Cloud-based and On-premises), By Application (Large Enterprises and Small And Medium Enterprises) and Geography  

Last Mile Delivery Software Market size was valued at USD 6.42 billion in 2021 and is expected to reach USD 11.96 billion by 2028, at a CAGR of 9.3% from 2023-2029. Some of the key factors fueling the market growth include the surge in e-commerce industry operations, a rise in the popularity of omnichannel retailing, increasing use of logistics-specific solutions, declining hardware & connectivity costs, and an increase in trading activities due to globalization. However, security concerns and the rise in the cost of operation are limiting the market growth. Also, the growth of the software as a service (SaaS) model provides a huge growth opportunity for the market. Last Mile Delivery Software Market is a type of software or platform that allows businesses to manage last-mile delivery in a more efficient, transparent, and controlled manner. It has a number of features and capabilities, including route optimization, digital/electronic proof of delivery, real-time cargo tracking, customer and delivery team collaboration, and more. Some of the primary difficulties that last-mile software may address include better visibility, improved customer experience and interaction, optimized delivery routes, and customized delivery locations. Last-mile delivery is a critical stage in the e-commerce industry that necessitates long-term planning for improved consumer satisfaction. Customers of e-commerce businesses desire faster, less expensive delivery and more control over their shopping experience.

Last Mile Delivery Software Market Key Developments:

• In December 2021, ID Logistics, one of the European leaders in contract logistics, is announced the acquisition of 100% of Colisweb, the French specialist in the organization of last-mile delivery by appointment. With the acquisition of Colisweb, ID Logistics is strengthening its service offering to retailers and e-merchants by acquiring a last-mile delivery platform, a critical step in the supply chain, especially for large or bulky packages.
• In March 2020, Bringg announced the pre-release of BringgNow, a last-mile delivery solution to immediately launch and scale delivery operations. Using BringgNow business owners can quickly load incoming orders, dispatch deliveries to their own drivers or crowdsourced fleets and deliver items to customers with a fully branded, real-time Uber-like experience.