Value-added Services Provided by Vendors Propelling Growth in the Express Delivery Market in Europe: Technavio Report

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  • The key vendors in the express delivery market in Europe 2015-2019 are Deutsche Post DHL, FedEx Corp., TNT Express N.V. and United Parcel Service(UPS) Inc.

London, 05 June 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the express delivery market in Europe 2015-2019.   Integration of IT-enabled services is one of the major drivers upcoming in the market. Express delivery service providers are adopting IT-enabled services, such as GPS tracking, online tracking, communication services, and automatic updating of records, to provide hassle-free services to customers. The express delivery market in Europe 2015-2019 is expected to grow at a CAGR of 3.32% during the forecast period of 2014-2019.

“Market vendors provide customized services to clients with respect to delivery options, such as gift wrapping,” says Faisal Ghaus, Vice President of Technavio Research.

“Vendors in the express delivery market in Europe focus on providing different types of value-added services such as online tracking of parcels and couriers, mobile tracking applications, message and e-mail alerts, and hub-to-spoke collection center details.”

To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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