An intelligent parcel locker is a delivery system that utilizes the latest in automation technology to receive, store, and distribute packages, parcels, and envelopes. It is used by a wide variety of industries including retail, hospitality, healthcare, and transportation. Intelligent parcel lockers automate the delivery process by allowing recipients to pick up their parcels from any location. The system is designed to be secure, reliable, and easy to use.
The global intelligent parcel locker market is expected to witness significant growth due to the mounting demand for improved delivery & fulfilment solutions for eCommerce customers. With the increasing penetration of IoT across various industries, the market is experiencing a rise in demand for automated solutions that improve security, efficiency, and convenience. In response, companies are now installing intelligent parcel lockers to reduce expenses associated with manual delivery solutions. Furthermore, global trends such as cashless payments, contactless delivery, and personalized services are expected to continue driving the market.
The global Intelligent Parcel Locker market was valued at US$ 804 million in 2022 and is anticipated to reach US$ 2563.4 million by 2029, witnessing a CAGR of 17.8% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Intelligent Parcel Locker Market available at: https://www.themarketreports.com/report/global-intelligent-parcel-locker-market-research-report
This report aims to provide a comprehensive presentation of the global market for Intelligent Parcel Locker, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Intelligent Parcel Locker.
China is the largest region of Intelligent Parcel Locker in the world in the past few years and it will keep increasing in the next few years. China market took up about 30% the global revenue market in 2018. Besides China, the United States, Germany, UK, France are the big players in this market, their revenue market share was about 23%, 5.1%, 3.4% and 3.1% in 2018, Top 5 countries takes about 58.5% of the global market.
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