Bringoz Industry Weekly 8/26

he global last-mile delivery market is projected to more than double, reaching $357.45 billion by 2031. Ikea is rolling out an upgraded AI-powered drone system that will allow the drones to work alongside human workers. Mobile shopping amounted to a record $280.4 billion from January to July 2024. Read about these stories and more in our weekly industry news roundup.

Driven by the rise of eCommerce, globalization, and technological advancements in delivery systems, the global last-mile delivery market, valued at $164.74 billion in 2023, is projected to more than double, reaching $357.45 billion by 2031, according to a new report by InsightAce Analytic. Key trends shaping the market include the increasing adoption of autonomous delivery vehicles and other innovative technologies to improve efficiency and reduce costs. Read more.

Ikea has embarked on the latest phase of drone adoption by rolling out an upgraded AI-powered system from Verity that will allow the drones to work alongside human workers in distribution centers. Currently, more than 250 drones operate across 73 locations in nine countries. Ikea is planning to deploy the drones in more locations over the next year, prioritizing Europe and North America. The system will support simultaneous inventory checks, increasing product accuracy and decreasing employee workload. Read more.

According to Adobe Analytics, in January 2024, mobile accounted for 46.7% of all online sales. By July 2024, this had risen to 49.3%. This amounted to a record $280.4 billion spent through mobile devices from January to July 2024. Going into 2025, Adobe is forecasting that mobile shopping will consistently eclipse desktop in months outside of the holiday season, marking a major shift in consumer behavior online. Read more.

As supply chain management continues to evolve, businesses are constantly faced with the decision of whether to handle logistics internally or to outsource these functions to a third-party logistics provider. Each approach has its own set of advantages and disadvantages. Here’s a look at the pros and cons of third-party logistics versus in-house logistics. Read more.

From warehousing to transportation, and from inventory management to order fulfillment, 3PLs offer a wide range of services designed to enhance efficiency and reduce costs. However, despite their advantages, 3PL providers face several challenges that can impact their operations and service delivery. Here’s a look at some of the most common challenges faced by 3PL providers and practical solutions for overcoming them. Read more.

The holiday shopping landscape has evolved significantly in recent years, and one of the driving forces behind this transformation is mobile commerce. Shoppers are increasingly turning to their smartphones and tablets to shop for gifts, decorations, and more during the holiday season. Here’s a look at how mobile commerce is changing the holiday shopping landscape, why it’s becoming the go-to choice for consumers, and how retailers are adapting. Read more.