Market Research Report
US E-Commerce Logistics Market 2019-2025
|US E-Commerce Logistics Market 2019-2025|
Published: January 13, 2020
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
US e-commerce logistics market is estimated to grow significantly at a CAGR of around 10.6% during the forecast period. The US holds a major share in the North American e-commerce logistics market owing to the advancement in logistics technologies attributed to the introduction of automation, robotics, wearable technology, drone technology, self-driving vehicles, cloud computing, and IoT in logistics technology. Some of the key logistics and distribution operators in the e-commerce market in the US are Amazon, DHL Express, UPS, and Inter fulfillment. Currently, the US administration has plans to implement high-speed rail services to facilitate the American population, which is expected to contribute positively towards logistic services.
In order to provide innovative e-commerce logistics solutions, the major players are performing partnerships and collaboration with other major players within the region. For instance, in 2016, United Parcel Service of America, Inc. partnered Zipline, a medical drone delivery startup to develop drones in order to deliver medical supplies such as blood and vaccines in minimum time. In 2017, United Parcel Service of America, Inc. introduced a UPS package car that autonomously delivers a package to the customer. Such innovations are driving the growth of the e-commerce logistics market in the US. Further, the US has significantly invested in road infrastructure, which has increased significantly from $80.4 billion in 2014 to $86.8 billion in 2016. This is expected to contribute to better connectivity through roadways and railways which will provide benefit to the e-commerce logistics market in the US.
The companies which are contributing to the growth of the US e-commerce logistics market include Amazon.com, Inc., Express Logistics, FedEx Corp., SEKO Logistics, United Parcel Service of America, Inc., and Tiger Logistics. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in August 2018, United Parcel Service of America, Inc. announced the launch of Ware2Go. It is a new technology company and digital platform that matches available warehouse space and fulfillment services with merchants who need to get online orders to customers fast. The new business augments the company's suite of custom e-commerce solutions designed to support small and medium-sized companies.
The market study of the US e-commerce logistics market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
The report is intended for e-commerce logistic service providers, traditional logistics providers, potential entrants, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.