Same-day Service Options Stimulating Growth in the Courier and Local Delivery Services Market in the US: Technavio Report

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London, 17 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Courier and Local Delivery Services Market in the US 2015-2019, which is expected to witness a CAGR of 4.79 percent during the forecast period of 20140-2019.

“With intense competition to exceed customer expectations and using delivery timelines as a competitive advantage, same-day services are expected to see rapid growth and expansion in many metropolitan areas,” says Faisal Ghaus, Vice President of TechNavio.

“The Courier and Local Delivery Services market in the US has seen increased inclination toward same-day delivery because of the benefits and convenience associated with receiving an order the day it is placed.”

Key Market Drivers

  • Strong E-commerce Market
  • Increased Need for Time-sensitive Deliveries
  • Demand for Value-added Services

Key Market Trends

  • Just-in-time Shipping Logistics
  • Emergence of Regional Carriers
  • Same-day Service

Key Market Vendors

  • Eastern Connection
  • FedEx Corporation
  • OnTrac
  • United Parcel Service Inc. (UPS)
  • United States Postal Service (USPS)

To define the market circumstances 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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