Autonomous Last Mile Delivery Market to Reach $90 Billion by 2030

The global autonomous last-mile delivery market, worth $12.88 billion in 2021, is projected to skyrocket to $90.21 billion by 2030, growing at an impressive annual rate of 24.1%, according to Allied Market Research. North America, especially the U.S., is expected to lead the charge, contributing $5.23 billion in 2021 and potentially reaching $42.58 billion by 2030 with a 26.2% growth rate.

The market is booming due to the rising demand for quick package deliveries and technological advancements in delivery vehicles. However, growth might face hurdles due to infrastructure limitations and regulatory issues. Aerial delivery drones, capable of navigating tough terrains, offer a bright spot for future expansion.

The COVID-19 pandemic has also played a pivotal role in shaping this market. The shift to online shopping for daily needs during lockdowns boosted the demand for contactless delivery options. This trend accelerated the use of autonomous delivery solutions like drones and robots. New services such as curbside pickup, parcel lockers, and delivery subscriptions have further fueled market growth.

Key findings from the study include:

• The retail segment dominated the market in 2021 in terms of revenue.
• The software segment is expected to register significant growth with a CAGR of 23.1% during the forecast period.
• The short-range segment is projected to lead the market in terms of share by the end of the forecast period.
• The aerial delivery drone segment is anticipated to register the fastest growth by the end of the forecast period.
• North America is expected to dominate the global market in terms of market share in 2021.

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