Preventing package theft with smart lockers
Package theft is a common frustration for online shoppers. A startup can develop smart lockers with secure delivery options to prevent package theft and provide convenience to customers. Market size: According to a report by Business Insider, package theft cost US consumers $5.4 billion in 2020. The global smart lockers market size is expected to reach $1.4 billion by 2025 with a CAGR of 11.9%.