Delivery Robots Market Analysis, Growth, Demand Future Forecast 2026
The Delivery Robots Market Report Share is estimated to be USD 212 million in 2021 and expected to reach USD 957 million by 2026, at a CAGR of 35.1% from 2021 to 2026. Reduction in delivery costs in last-mile deliveries, and Increase in venture funding are the key factors driving the growth of the Delivery Robots Market. Further, Worldwide growth of e-commerce market are factors propelling the growth of the Delivery Robots Market. Worldwide Growth of E-Commerce Market There are numerous giant online retailers in the global market, along with the emerging ones. Even some giant offline retailers are going online because people all over the world have started preferring online shopping owing to the huge discount and smooth delivery at their doorstep. Hence, the e-commerce platform is expected to grow at a high rate. The global retail e-commerce sales are estimated to be worth USD 4.5 trillion by 2021. The year 2017 witnessed a 24.8% increase in retail e-commerce sales a...