Thursday, November 21African Digital Business Magazine

Tag: smart parcel locker market

Smart locker adoption soars amidst global increase in courier delivery and shipping demand
South Africa News

Smart locker adoption soars amidst global increase in courier delivery and shipping demand

Article by Craig Pitchers, Chief Operating Officer, The Courier Guy Customer demand for an online delivery service that always works is driving growth in the smart parcel locker market and courier industries. The size of the global smart parcel locker market could reach USD 1782.73 million by 2029 growing at a compound annual growth rate (CAGR) of 9.4% from 2022 to 2029[1], according to Exactitude Consultancy’s recent study and projections. Smart parcel lockers are an innovation in the delivery chain enabling a flexible and convenient delivery process. Appealing to today’s discerning consumer who wants safe and reliable delivery, smart lockers are an effective solution to delivery gripes like expensive size limitations, lost packages and importantly, waiting around for a delivery to arri...