How Are Autonomous Deliveries Taking Off? - TechRound

According to Business Insider, more than 50% of the total costs for delivering goods is attributable to what is known as "last mile delivery" – the point at which the package finally arrives at the buyer's door. In a recent study by Global Industry Analysts, the last mile delivery market worldwide is expected to reach over $35 Billion by 2025. Last mile delivery is the most expensive and time-consuming part of the shipping process, either due to lack of density and long distances in rural areas or traffic congestion in urban ones. The idea of using Unmanned Aerial Vehicles (UAVs) – or drones – for last mile delivery is gaining popularity. The use of drones to deliver parcels has the potential to significantly decrease delivery costs – no driver, truck or congestion – and expand coverage areas.