North America Smart Parcel Delivery Locker Market Overview and Growth by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

North America Smart Parcel Delivery Locker Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Standard Smart Locker and Temperature Controlled Smart Locker), Component (Hardware and Software), and Application (Retail, Residential, University, Office, and Others)

Report Date : Jan 2022
Report Code : TIPRE00026812

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 99

Page Updated: Jan 2022

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The North America smart parcel delivery locker market is expected to grow from US$ 267.89 million in 2021 to US$ 623.50 million by 2028; it is estimated to grow at a CAGR of 12.8% from 2021 to 2028.

The growing consumer demand for faster and flexible shipments enables the market players to improve their services and develop autonomous technology-equipped parcel storage systems as an effective and long-term solution to last-mile delivery challenges. Investments in new technologies enabling greater efficiency are anticipated to provide lucrative growth opportunities to the market vendors. Automated smart parcel locker solutions provide functionalities that enhance and amplify logistics companies' mail and package deliveries. Autonomous technology for the storage and management of parcels offers secure, efficient, accountable, convenient package delivery and auditable asset storage with the access to track deliveries remotely. Prominent players in the smart parcel delivery locker market are focusing on building, managing, and maintaining an efficient automated smart locker network to achieve business expansion. For instance, Smartbox is a pioneer in bringing smart locker technology with its cloud-based parcel locker technology that gives a real-time view of available lockers with complete control and security. Increased partnerships and collaborations among the industry participants are anticipated to propel market growth. The rising adoption of internet of things (IoT) based smart parcel lockers in the region due to the growing demand from retailers, e-commerce companies, logistics companies, and consumers is anticipated to boost the North America market growth.

In case of COVID-19, North America is highly affected specially the US. The enactment of lockdowns and travel restrictions shut down of production facilities, and shortage of employees have adversely affected the performances of the smart parcel delivery locker market in North America. The health and economic crises led to major disruptions in the smart parcel delivery locker market, impacting everything from supply chain and manufacturing to product sales. The pandemic has negatively impacted the industry’s short-term and long-term growth strategies. However, progress in vaccination programs and the reopening of businesses are anticipated to fuel the demand for autonomous parcel delivery technologies in the coming years. While the first half of 2020 led to reduced sales revenue due to the lockdown and halted operations of several industries, the second half of 2020 witnessed a massive surge in online sales. Market players are investing in smart locker technologies to boost sales and generate revenues. The growing adoption of the BOPIS concept that eliminates the need for person-to-person contact and enables social distancing and safety is likely to propel the smart parcel delivery locker market in North America in the post-COVID-19 era.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America smart parcel delivery locker market. The North America smart parcel delivery locker market is expected to grow at a good CAGR during the forecast period.

North America Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)

North America Smart Parcel Delivery Locker Market Segmentation

North America Smart Parcel Delivery Locker Market – By Type

Standard Smart Locker
Temperature Controlled Smart Locker

North America Smart Parcel Delivery Locker Market – By Component

Hardware
Software

North America Smart Parcel Delivery Locker Market – By Application

Retail
Residential
University
Office
Others

North America Smart Parcel Delivery Locker Market, by Country

US
Canada
Mexico

North America Smart Parcel Delivery Locker Market - Companies Mentioned

Cleveron
DeBourgh
KEBA
Package Nexus
Patterson Pope
Smartbox Ecommerce Solutions Private Limited
Snaile Inc.
TZ Limited

North America Smart Parcel Delivery Locker Report Scope

Report Attribute	Details
Market size in 2021	US$ 267.89 Million
Market Size by 2028	US$ 623.50 Million
Global CAGR (2021 - 2028)	12.8%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Standard Smart Locker and Temperature Controlled Smart Locker By Component Hardware and Software By Application Retail Residential University Office
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Cleveron DeBourgh KEBA Package Nexus Patterson Pope Smartbox Ecommerce Solutions Private Limited Snaile Inc. TZ Limited

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Smart Parcel Delivery Locker Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Smart Parcel Delivery Locker Market Report Snapshots

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