Insights on the Intelligent Parcel Locker Global Market to 2031 - Rising E-commerce Industry is Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Intelligent Parcel Locker Market By Component, By Application, By End User Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

The global intelligent parcel locker market size was valued at $732.8 million in 2021, and is projected to reach $2,450.5 million by 2031, registering a CAGR of 12.6% from 2022 to 2031.

Intelligent parcel locker collects, stores, and keeps the parcels and shipments secure and safe. This is done by making use of latest IT technologies, along with incorporation of advanced electronic devices, such as touch screens, cameras, and others.

Intelligent parcel lockers are available in a wide range of sizes, capacities, application, and technologies in the market, thereby making it usable for all types of residential and non-residential buildings and facilities. The increased instances of parcel and shipment theft has been an instrumental factor driving the demand for intelligent parcel lockers. Moreover, convenience and flexibility in collection of parcels at any time from the intelligent parcel locker is also driving the demand for the intelligent parcel lockers.

The rise in e-commerce industry has significantly increased the demand for intelligent parcel locker from residential and non-residential users. In addition, rise in number of apartment, commercial, and non-residential building, is expected to drive the demand for intelligent parcel lockers. However, the high cost of intelligent parcel lockers is expected to restrain the market. Furthermore, the incorporation of latest IT and software technologies, such as cloud based operation, real-time tracking, self-auditing and others.

The intelligent parcel locker market is segmented on the basis of component, application, end-user industry and region. By component, the market is bifurcated into hardware, and software. On the basis of application, it is bifurcated into indoor, and outdoor. And on the basis of end-user industry, the market is categorized into residential and non-residential. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market

Key Benefits

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the intelligent parcel locker market analysis from 2021 to 2031 to identify the prevailing intelligent parcel locker market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the intelligent parcel locker market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global intelligent parcel locker market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Component

• Hardware
• Software

By Application

• Indoor
• Outdoor

By End User Industry

• Residential
• Building Type
• Apartment Building
• Independent Houses
• Non-residential

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• UK
• Spain
• Netherlands
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Viet Nam
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Argentina
• Saudi Arabia
• UAE
• South Africa
• Kenya

Key Market Players

• American Locker
• cleveron as
• Florence Corp.
• Hollman Inc
• KEBA AG
• LUXER Corporation
• Mobiikey Technologies Pvt. Ltd.
• Package Nexus
• ParcelPort Solutions, Inc.
• Pitney Bowes Inc.
• Quadient
• RENOME group
• Ricoh
• tz limited
• Shenzhen Zhilai Sci and Tech Co., Ltd
• Smartbox Ecommerce solutions Pvt. Ltd.
• Xiamen Headleader Technology Co.

For more information about this report visit https://www.researchandmarkets.com/r/82fr38