The quickest method of shipping is express delivery. For this form of delivery, the client pays an additional shipping fee, as the shipment will be shipped to him somewhere from 24 to 72 hours. The key factor driving the express delivery market is the rising adoption of e-commerce among global population. Increase in adoption of smartphones and high penetration of Internet across the globe is positively influencing the adoption of e-commerce across the global population. This has also influenced businesses to adopt online selling channels to reach a higher customer base.

According to a latest research report titled “Express Delivery Market to 2027–COVID-19 Impact and Forecast and Global Analysis,” published by The Insight Partners, the express delivery market was valued at US$ 239337.5 million in 2019, and it is expected to grow at a CAGR of 6.3% during 2020–2027 to reach US$ 378233.7 million by 2027.

Get sample PDF Copy of Express Delivery Market at @ https://www.theinsightpartners.com/sample/TIPRE00006798/

For instance, according to GSMA, the top countries with the highest percentage of smartphone users are China (63.4%), India (31.8%), the US (81.6%), Indonesia (58.6%), Brazil (51.4%), Russia (68.5%), Japan (59.9%), Mexico (54.4%), Germany (77.9%), and Vietnam (63.1%). Additionally, the Internet penetration across these countries is influencing the population to adopt online buying. Express delivery is being highly adopted by brands and e-commerce websites to offer better customer service by delivering parcels in less time.

Increase in adoption of smartphones and high penetration of Internet across the globe is positively influencing the adoption of e-commerce across the global population. This has also influenced businesses to adopt online selling channels to reach a higher customer base. For instance, according to GSMA, the top countries with the highest percentage of smartphone users are China (63.4%), India (31.8%), the US (81.6%), Indonesia (58.6%), Brazil (51.4%), Russia (68.5%), Japan (59.9%), Mexico (54.4%), Germany (77.9%), and Vietnam (63.1%). Additionally, the Internet penetration across these countries is influencing the population to adopt online buying. Express delivery is being highly adopted by brands and e-commerce websites to offer better customer service by delivering parcels in less time.

For more details visit here @ https://www.theinsightpartners.com/reports/express-delivery-market

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