Lux Research predicts automated deliveries will generate up to $48.4 billion in revenue by 2030
BOSTON, March 12, 2020 /PRNewswire/ — The rise in e-commerce is fueling rapid growth in parcel delivery volumes, a market expected to grow to $665 billion by 2030. Consumers are increasingly expecting parcels to be delivered quickly. This demand is driving companies to explore using automated delivery technologies to cover the last leg of the delivery journey. Lux Research’s new report, “Automating the Last Mile,” predicts that automated last-mile deliveries will generate up to $48.4 billion in revenue by 2030, even though automated deliveries will only address 20% of all parcel deliveries.