HYPERCONNECTED: LAST MILE DELIVERY & CONSUMER DEMAND | Bookmarking Site
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Last mile delivery, predominantly of parcels, has lately received lots of attention from business giants and from investors. As per McKinsey’s logistics report, the cost of global parcel delivery, excluding pickup, line-haul, and sorting, amounts to about €70 billion, with China, Germany, and the United States accounting for more than 40 percent of the market. And not only is the market large, but it’s also highly dynamic, with growth rates in 2015 of between 7 and 10 percent in mature markets (such as Germany and the United States) and more than 100 percent in developing markets. The biggest driver of this growth, not surprisingly, is e-commerce, which has shifted market share from the B2B to the B2C segment.

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