Smart Parcel Lockers for Last-Mile Delivery
Last-mile delivery is a common frustration among consumers, as missed deliveries and package thefts are prevalent. A startup can develop a network of smart parcel lockers that enable secure self-service pickup and drop-off of packages. These lockers can be strategically placed in residential areas, offices, and other convenient locations. Market size: The global smart parcel locker market size was valued at $500 million in 2020 and is expected to reach $1.4 billion by 2028, with a CAGR of 12.0% from 2021 to 2028.