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US Same-Day Delivery Market to Grow by $28.01 Billion (2024-2028), Driven by B2C E-Commerce Growth and AI Market Trends – Technavio

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October 1, 2024

NEW YORK, Oct 1, 2024 /PRNewswire/ – Report on how AI is redefining the market landscape – The US same-day delivery market size is estimated to grow by $28.01 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 28.81% during the forecast period. The growing B2C e-commerce market in the US is driving market growth, with a trend towards automation in the same-day delivery market. However, the increasing adoption of an in-house delivery network poses a challenge for established companies. Key market players include Courier Express, Deutsche Post AG, FedEx Corp., Greenwich Logistics LLC, Last Mile Logistics, Power Link Expedite Corp., Target Corp., United Parcel Service Inc., USA Couriers and Zipline International Inc.

US Same-Day Delivery Market to Grow by .01 Billion (2024-2028), Driven by B2C E-Commerce Growth and AI Market Trends – Technavio

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Forecast period

2024-2028

Base year

2023

Historical data

Covered segment

End User (B2C, B2B and C2C), Service (Regular Service, Priority Service and Rush Service) and Geography (North America)

Region covered

US

Important companies in profile

Courier Express, Deutsche Post AG, FedEx Corp., Greenwich Logistics LLC, Last Mile Logistics, Power Link Expedite Corp., Target Corp., United Parcel Service Inc., USA Couriers and Zipline International Inc.

Key market trends driving growth

The same-day delivery market in the USA is experiencing significant growth. Major retailers such as Amazon, Walmart and Target are investing heavily to provide their customers with fast and efficient delivery services. This trend is driven by increasing consumer demand for quick and convenient shopping experiences. Same-day delivery helps businesses stay competitive and meet customer expectations, ultimately leading to increased sales and customer satisfaction.

Same-day delivery is a trending shipping model in the US market that emphasizes quick order fulfillment for customers. Online businesses and e-commerce platforms benefit significantly from this service by reducing cart abandonment and increasing customer loyalty. Spontaneous purchases and urgent needs such as medical supplies and samples require temperature-controlled vehicles for safe delivery. Companies invest in acquisitions and expansion plans to stay competitive, providing real-time shipment tracking and shopping convenience. Brands across multiple industries, including digital streaming, cloud computing, and brick-and-mortar retail stores, are turning to same-day delivery to improve the shopping experience. Domestic and international B2C transactions utilize a composite delivery infrastructure that ensures efficient freight and express zip code specific services. Same-day delivery represents a competitive advantage in the market and increases conversion rates and customer satisfaction.

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Market challenges

  • The same-day delivery market in the USA is experiencing significant growth. Major retailers such as Amazon, Walmart and Target are investing heavily in this sector to meet customer demand for fast and convenient shipping. This trend is driven by increasing consumer expectations for fast delivery and the rise in e-commerce sales. Same-day delivery services give companies a competitive advantage by allowing them to meet their customers' needs and increase satisfaction. These companies are expanding their logistics networks and partnerships to ensure efficient and reliable delivery. The market is expected to continue to grow, providing companies with the opportunity to capitalize on this trend.
  • The same-day delivery market in the US is growing rapidly, and brands are trying to differentiate themselves from the competition with fast shipping. Consumer purchase intent is high, especially for e-commerce transactions. However, the challenges include complex logistics, such as: B. delivery by zip code, freight costs and the efficiency of express shipping. Brands must invest in comprehensive delivery infrastructure, including digital streaming and cloud computing, to meet customer expectations. Competitive conversion rates depend on shipment tracking and customer satisfaction. The introduction of e-commerce is driving growth, but brick-and-mortar stores and sole proprietors are also offering same-day delivery. Domestic and international markets offer opportunities, but regulatory and logistical complexities can hinder expansion. Technological advances such as AI and machine learning can improve efficiency and customer trust. Smartphones and tablets make online transactions easier, but internet access is still a barrier for some. Lockdowns have accelerated digitalization and increased demand for same-day delivery services. Overall, the same-day delivery market requires a strategic approach to address challenges and capitalize on opportunities.

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Segment overview

This report on the US same-day delivery market looks at the market segmentation in detail

  1. End User
  • service
    • 2.1 Regular Service
    • 2.2 Priority Service
    • 2.3 Express service
  • geography
  • 1.1 B2C The same-day delivery market in the USA is experiencing significant growth. Major retailers, including Amazon and Walmart, are expanding their services to meet consumer demand for faster shipping. This trend is driven by increasing competition and the convenience it offers to customers. Same-day delivery helps businesses stay competitive and improve customer satisfaction. It's a win-win situation for both sides as businesses can increase their sales and customers receive their orders in a timely manner. This market is expected to continue to grow as more companies enter the market and consumers expect shorter delivery times.

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    Research analysis

    The same-day delivery market in the US experienced significant growth due to increasing customer expectations for fast and convenient shipping. Sole proprietors and small businesses have entered the market to meet this demand and provide customer satisfaction through efficient delivery processes. However, shipping costs remain a challenge as companies must consider the need for fast delivery without excessive costs. Technological advances, including AI and machine learning, have streamlined operations and improved the accuracy of delivery estimates. The rise of e-commerce, smartphones and tablets, and widespread internet access have driven the digitalization of retail and increased the need for same-day delivery. The pandemic lockdowns have further accelerated the shift to online transactions, making same-day delivery a key differentiator for businesses seeking customer trust and loyalty. A comprehensive delivery infrastructure, including partnerships with e-commerce platforms, stationery stores and brick-and-mortar stores, has enabled companies to expand their reach and offer domestic B2C transactions.

    Market research overview

    The US same-day delivery market is experiencing significant growth, driven by increasing customer expectations for fast and efficient shipping. The widespread use of smartphones and tablets makes it easy for customers to make spontaneous purchases online, leading to higher cart abandonment rates if delivery is not immediate. E-commerce platforms and online businesses are responding by investing in same-day delivery models to improve the shopping experience and strengthen customer loyalty. Technological advances like AI and machine learning are streamlining operations and reducing shipping costs for sole proprietors and small businesses. However, the use of temperature-controlled vehicles for medical supplies and samples increases the complexity and cost of same-day delivery. Efficiency and customer satisfaction are key factors in the success of same-day delivery. Companies must manage their inventory effectively to ensure they have the necessary inventory to fulfill orders the same day. Digital streaming, cloud computing and postal e-commerce parcel services also play a role in the same-day delivery market, with freight and express companies providing competitive advantages through advanced tracking and zip code-specific delivery. Lockdowns have accelerated e-commerce adoption, leading to growth in B2C transactions and expansion of composite delivery infrastructure. Same-day delivery domestically and internationally is also becoming more common, with e-commerce platforms and brick-and-mortar stores offering same-day shipping to boost sales and stay competitive.

    Table of contents:

    1 Summary
    2 Market landscape
    3 market size
    4 Historical market size
    5 Five Forces Analysis
    6 Market Segmentation

    • End User
    • service
      • Regular service
      • Priority service
      • Express service
    • geography

    7 customer landscape
    8 Geographic landscape
    9 drivers, challenges and trends
    10 Corporate Landscape
    11 Company analysis
    12 Appendix

    About Technavio

    Technavio is a leading global technology research and consulting company. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions.

    With over 500 specialized analysts, Technavio's report library includes more than 17,000 reports and counting, covering 800 technologies in 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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    Website: www.technavio.com/

    US Same Day Delivery Market 2024-2028

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    SOURCE Technavio