PUBLISHER: Allied Market Research | PRODUCT CODE: 1140017
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140017
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 or 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
Competition Analysis
Key companies profiled in the intelligent parcel locker market report include American Locker, Cleveron, Florence Corp., Hollman Inc., KEBA AG, Luxer Corporation, Mobiikey Technologies Pvt. Ltd., Package Nexus, Parcel Port Solutions, Inc., Pitney Bowes Inc., Quadient, Renome Group, Ricoh Company, Ltd., Shenzhen Zhilai Sci and Tech Co., Ltd., Smartbox Ecommerce solutions Pvt. Ltd., TZ Limited, and Xiamen Headleader Technology Co.
Key Benefits For Stakeholders
Key Market Segments
By Component
By Application
By End User Industry
By Region