Shipping goods or freights to distant places with the lowest cost and short shipping time is one of the major concerns of the transportation and logistics industry; consequently, these companies are implementing innovative solutions for this purpose to increase profit margins. Autonomous last-mile delivery is a method of transporting goods without human intervention to deliver goods or freights to customers; this market has become more accepted in recent years with the advancement of technology and increasing demand for UAVs in commercial activities, especially e-commerce.
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Market / Industry segment of autonomous
| Base Year | Market size(M$) | Duration(YEAR) | CAGR(%) | Source Name |
| 2019 | 10.7 | 8 | 32.80% | Grand view research |
| 2019 | 10.7 | 8 | 32.80% | Virtual strategy |
| 2019 | 10.7 | 8 | 32.80% | Yahoo Finance |
| 2019 | 10.7 | 8 | 32.80% | PR news wire |
| 2021 | 11900 | 9 | 24.40% | Allied market research |
Influencing factors that change the market size of autonomous
The size of the market value changes under the influence of many factors; the increase and decrease in the rate of these influential factors leads to changes in the value of the market size, which is provided by direct and reverse drivers in the market of autonomous.
Direct drivers:
- Technology advancement
- High labor costs
- Low profit margins of freight delivery companies
- The low speed of traditional logistics
Reverse drivers:
- Cyberattacks
- Lack of professional drone technicians
This market may also be threatened by the following risks:
In all different markets and industries, risk is always one of the factors that business founders should be sufficiently aware of. The first step is risk assessment is identification of risks in the market in order to perform risk management. The market of autonomous may also be threatened by the following risks:
- Litigation risk
- Funding risk
- Legislation risk
- Stage of business
- Exit value risk
