NEW YORK, Dec. 15, 2015 /PRNewswire/ -- Market outlook of same day delivery services
The same-day delivery services is on an upward trend and is expected continue growing in the US. Technavio's market research analysts estimate the same-day delivery market in the US to reach over USD 987 million by 2019.
The growing e-commerce market in the US is expected to push the same-day delivery market in the US to a new high. The revenue from e-commerce segment has grown by 40% annually. Smaller players such as Ontrac and Eastern Connection are focusing on specific regions in the US, are expected to capture a sizeable market share from Amazon, NewEgg, and many other high-volume e-commerce companies. Same-day delivery is predicted to emerge as a key performance indicator for these carriers in some of the major metropolitan cities in the country.
Segmentation of same-day delivery market by types of end-users
B2C refers to the exchange of shipments between businesses or companies with their customers. The e-commerce marketplace is the biggest revenue generator for this segment. This segment holds the highest percentage share in the same-day delivery market in the US. Amazon was the first one to introduce this service, but recently, many other retailer such as Macy's and Wal-Mart are also coming up with this service to provide it as a value added service to consumers.
Segmentation of same-day delivery market by types of services
Regular delivery is the most common type of same-day delivery service in the US. It accounts for more than 42% of the market share in the same-day delivery market in the US. The time taken to deliver the good in regular same-day delivery usually range between 4-5 hours.
Leading vendors analyzed in the report
• A-1 Express
• USA Couriers
The other prominent vendors of this market include American Expediting, Aramex, Deliv, Dynamex, Express Courier, LaserShip, Last Mile Logistics Group, NAPAREX, Parcelforce Worldwide, Power Link Delivery, Prestige Delivery, and Purolator.
Key questions answered in the report
• What are the key factors driving the same-day delivery market in the US?
• What are the key market trends impacting the growth of the same-day delivery market in the US?
• What are the various opportunities and threats faced by the vendors in the same-day delivery market in the US?
• Key outcome of the five forces analysis on the same-day delivery market in the US?
• Growth forecast of the same-day delivery market in the US until 2019?
Technavio also offers customization on reports based on specific client requirement.
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