Same day Delivery Services Market Outlook 2024-2033: Trends and Projections

The same-day delivery services global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Same day Delivery Services Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –

The same-day delivery services market size has grown exponentially in recent years. It will grow from $7.88 billion in 2023 to $9.55 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to rise of e-commerce and online shopping, increased consumer demand for faster deliveries, advances in logistics and supply chain, competitive pressure among retailers to offer quick shipping, urbanization and concentration of population in metropolitan areas.

The same-day delivery services market size is expected to see rapid growth in the next few years. It will grow to $19.63 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%. The growth in the forecast period can be attributed to growth of on-demand and instant delivery services, integration of autonomous vehicles and drones for deliveries, expansion of last-mile delivery networks, rising consumer expectations for same-day and time-definite deliveries, adoption of advanced route optimization and tracking solutions. Major trends in the forecast period include collaboration between e-commerce platforms and delivery services, emergence of dark stores and micro-fulfillment centers, integration of artificial intelligence in delivery route planning, focus on sustainable and eco-friendly delivery options, increased use of data analytics for demand forecasting and inventory management.

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Scope Of Same day Delivery Services Market

The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers –

The development of the e-commerce industry is predicted to contribute to the growth of the same-day delivery services market. The e-commerce industry has transformed the process of buying and selling goods. It is rapidly expanding due to increased population density and urbanization, the use of smartphones and tablets, the availability of internet access, the adoption of digitalization and online payment modes, faster purchasing options, lower costs, reduced travel costs and time, and convenience. The demand for same-day delivery is increasing as same-day delivery is becoming a more prevalent shipping option for people shopping online. For instance, in 2021, India Brand Equity Foundation (IBEF) recorded $8.3 billion of Indian e-commerce GMV during the festive season in 2020 which is 66% higher than the previous year’s festive season. Also, in 2021, the US Census Bureau of the Department of Commerce estimated $222.5 billion in US retail e-commerce sales during the second quarter of 2021. There was an increase of 3.3% from the first quarter of 2021. Therefore, the development of the e-commerce industry drives the growth of the same-day delivery services market.

Market Trends –

Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.

The same-day delivery services market covered in this report is segmented –

1) By Type: Business-to-Business (B2B), Business-to-Consumer (B2C), Customer to Customer (C2C)
2) By Service Type: International, Domestic
3) By Mode of Transportation: Airways, Roadways, Railways, Intermodal
4) By Application: Retail, E-Commerce, Healthcare, Manufacturing, Other Applications

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Regional Insights –

Asia-Pacific was the largest region in the same-day delivery services market in 2023. The regions covered in the same-day delivery services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Key Companies –

Major companies operating in the same-day delivery services market report are A-1 Express Delivery Services Inc., FedEx Corporation, Arab American Express Co. Ltd., United Parcel Service Inc., Deliv Inc., Dalsey Hillblom Lynn, Same Day Delivery Inc., Naparex LLC, Aztec Messenger LLC, Amazon. com Inc., DC Express Inc., Citysprint Courier Services Limited, Prestige Delivery Systems Inc., TForce Final Mile Inc., American Expediting Company, Econo-Courier, Power Link Expedite Corporation, Competitive Courier Service, Bks Sameday Courier LLC, Jet Delivery Inc., Postmates Inc., Maplebear Inc., Uber Technologies Inc., DoorDash Inc., Grubhub Inc., Shipt LLC, Favor Delivery LLC, goBrands Inc., Yusen Logistics Co. Ltd., Kerry Logistics Network Limited

Table of Contents
1. Executive Summary
2. Same day Delivery Services Market characterstics
3. Same day Delivery Services Market Trends And Strategies
4. Same day Delivery Services Market – Macro Economic Scenario
5. Global Same day Delivery Services Market Size And Growth
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31. Global Same-day Delivery Services Market Competitive Benchmarking
32. Global Same-day Delivery Services Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Same-day Delivery Services Market
34. Same-day Delivery Services Market Future Outlook and Potential Analysis
35. Appendix

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