Connect with us
European Gaming Congress 2024

Artificial Intelligence

Drone Package Delivery Market to Hit USD 31,188.7 Million by 2028 | Infrastructural Development & Commercialization of UAV Services Ecosystem to Fuel Market Growth; Says Fortune Business Insights™

Published

on

Pune, India, Nov. 15, 2021 (GLOBE NEWSWIRE) — The global drone package delivery market size is anticipated to reach USD 31,188.7 million by 2028 and exhibit a CAGR of 53.94% during the forecast period 2021-2028. The market size stood at USD 988.9 million in 2020. The growing demand for safer and faster package delivery based on artificial intelligence (AI) and the surging investments in the UAV industry is projected to bolster the market growth.

The increasing global warming due to surging levels of carbon emissions has resulted in ideal growth opportunities for drone package delivery. It has created immense demand, especially for the last-mile delivery of some products. Hence, the increasing development of drone delivery infrastructure is likely to foster growth for the market in the coming years.

Segmentation:

On the basis of type, the market is trifurcated into hybrid, rotary-wing, and fixed-wing. On the basis of package size, the market is segmented into above 5 Kg, 2-5 Kg, and less than 2 Kg. On the basis of end-use, the market is fragmented into retail logistics & transportation, healthcare, e-commerce, restaurant & food supply, and others. Geographically, the Drone Package Delivery market is classified into four major regions: Asia Pacific, Europe, North America, and the Rest of the World.

Request a Sample PDF Brochure:

Advertisement
Stake.com

https://www.fortunebusinessinsights.com/enquiry/sample/drone-package-delivery-market-104332

Key Players Profiled in this Drone Package Delivery Market are:

  • Amazon Inc. (Seattle, Washington, U.S.)
  • FedEx (Memphis, Tennessee, U.S.)
  • UPS Flight Forward Inc. (Atlanta, Georgia, U.S.)
  • Deutsche Post DHL Group (Bonn, Germany)
  • Matternet Inc. (Mountain View, California, U.S.)
  • Zipline Inc. (South San Francisco, California, U.S.)
  • Flirtey Holdings Inc. (Reno, Nevada, U.S.)
  • Drone Delivery Canada Corp. (Vaughan, Ontario, Canada)
  • Flytrex Aviation Ltd. (Tel Aviv, Israel)
  • Workhorse Group Inc. (Loveland, Ohio, U.S.)
  • Wing Aviation LLC (Mountain View, California, U.S.)
  • Skycart Inc. (San Jose, California, U.S.)
  • Altitude Angel Limited (Reading, U.K.)
  • Manna Drones Inc. (Dublin, Ireland)
  • Wingcopter GmbH (Darmstadt, Hessen, Germany)
  • Volansi Inc. (Concord, California, U.S.)
  • Swoop Aero Pty. Ltd. (Docklands, Victoria, Australia)

Drivers & Restraints-

Infrastructural Development to Augment Market Growth

The sudden emergence of the coronavirus pandemic and the increasing global warming have created lucrative opportunities for the market. The commercialization of UAV services during the pandemic has created immense demand for the platform. It has created immense demand for drone package delivery, especially for the last-mile delivery of some products. Hence, the increasing development of drone delivery infrastructure due to these factors is likely to augment the global drone package delivery market growth in the coming years.

The key players in the Drone Package Delivery market are developing cost-effective technologies and components to carry heavy payloads for long distances. The growing demand for safer and faster package delivery based on artificial intelligence (AI) has resulted in increased private investments in recent years due to the growing popularity of drones. The increasing investments in the industry to develop cost-effective technologies and components are likely to boost the drone package delivery market growth. However, the high costs of the drone-based infrastructure are expected to restrain the growth of the market.

Advertisement
Stake.com

Browse Summary of This Research Report:

https://www.fortunebusinessinsights.com/drone-package-delivery-market-104332

Regional Insights-

Growing Online Shopping Trend to Fuel Market Growth in North America

North America is projected to emerge dominant in the global drone package delivery market share due to the growing online shopping trend on e-commerce platforms. The increasing investments by key players, including UPS, FedEx, Volansi, Zipline, and others, are likely to complement the market’s growth. Additionally, the favorable FAA regulations in the U.S. are also expected to favor the growth of the market.

Advertisement
Stake.com

Europe is expected to witness steady growth due to the growing number of collaborations and partnerships in the market. For instance, Skyports entered into a strategic partnership with Deloitte and Vodafone in July 2020 to commence medical delivery services for medicine, samples, and supplies in the hospitals.

Asia Pacific is anticipated to gain substantial growth in the coming years. The growing demand for online food shopping by the huge populace and the rising online grocery shopping trend observed in India, Indonesia, and China are projected to boost the market growth.

The Rest of the World is likely to grow in the global drone package delivery market due to the increasing number of drone startups in the region.

Competitive Landscape-

Key Players Adopt Partnerships & Collaborations to Accumulate Growth in the Market
The market mainly comprises technology-based companies with robust product offerings and excellent distribution networks across developing and developed economies. The Deutsche Post DHL, UPS, and Zipline International hold dominance in the market. The key players emphasize developing safe, accurate, and low-cost services in the market. The businesses operating in the market are devising innovative growth strategies such as new product launches, technological developments, mergers, partnerships, acquisitions, and collaborations to gain growth impetus.

Advertisement
Stake.com

For instance, Drone Delivery Canada Corp. signed a commercial agreement with DSV Air & Sea Inc. Canada in June 2021 to renew and extend the existing contract for drone delivery services.

Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments –Mergers, Acquisitions, and Partnerships
    • Latest technological Advancements
    • Porters Five Forces Analysis
    • Supply Chain Analysis

TOC Continued…!

Speak to Analyst:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/drone-package-delivery-market-104332

About Us:

Advertisement
Stake.com

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Advertisement
Stake.com

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US:+1 424 253 0390

UK: +44 2071 939123

Advertisement
Stake.com

APAC: +91 744 740 1245

Email: [email protected]

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Twitter: https://twitter.com/FBInsightPvtLtd

Advertisement
Stake.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Fractal Announces Merger of Eugenie.ai to Bolster AI-Powered Climate Solutions

Published

on

fractal-announces-merger-of-eugenie.ai-to-bolster-ai-powered-climate-solutions

MUMBAI, India, June 26, 2024 /PRNewswire/ — Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced the merger of Eugenie AI (Eugenie.ai), an AI company dedicated to providing AI-driven products for climate change and industrial sustainability.

Founded in 2021, Eugenie has established itself as one of the pioneering forces in AI-driven climate solutions. Their clientele includes some of the world’s largest industrial corporations across energy, metals & mining, and other hard-to-abate sectors. Eugenie’s achievements include being featured at the prestigious 2024 Google I/O, being an alum of the Google for Startups: Climate Change accelerator and winning multiple global accolades such as the NASSCOM Emerge 50, Tech30 recognition by YourStory, and the Vedanta Spark Corporate Innovation Challenge. Eugenie has been featured as a key provider by Gartner in its 2023 Market Guide for Energy Management and Optimization Systems & Market Guide for Commercial and Industrial Energy Management and Optimization Systems.
Srikanth Velamakanni, Co-founder, Group Chief Executive & Vice Chairman, Fractal, said, “We are excited to welcome Eugenie back into the Fractal family. Eugenie’s cutting-edge AI technologies and their commitment to combating climate change align perfectly with our vision to leverage AI for social good. Together, we aim to accelerate the development and deployment of innovative solutions that address some of the most pressing environmental challenges of our time. Eugenie’s expertise in serving major industrial clients complements our goal of creating significant value for client in Fortune 100 organizations.”
Dr. Soudip Roy Chowdhury, Founder and CEO, Eugenie AI, said, “Joining forces with Fractal marks a significant milestone for Eugenie. Our shared values and complementary expertise will enable us to scale our impact and continue our mission to drive sustainable industrial transformations. We look forward to working together to create a future where technology and nature coexist harmoniously. By integrating our AI-driven solutions with Fractal’s extensive capabilities, we can offer even greater value to our clients, helping them achieve their sustainability goals.”
The merger of Eugenie reinforces Fractal’s commitment to harnessing the power of artificial intelligence to address global challenges and underscores its dedication to sustainability and innovation. By integrating Eugenie’s expertise in climate-focused AI solutions, Fractal aims to expand its portfolio and deliver even greater value to its clients and communities worldwide.
Eugenie’s focus on providing AI solutions to some of the hardest-to-abate sectors aligns perfectly with Fractal’s vision of driving significant value for large enterprises. This strategic merger will enhance Fractal’s ability to offer comprehensive AI solutions that not only optimize business operations but also contribute to a more sustainable and resilient industrial ecosystem.
For more information, please visit www.fractal.ai and www.eugenie.ai.
About Fractal
Fractal is one of the most prominent providers of Artificial Intelligence to Fortune 500® companies. Fractal’s vision is to power every human decision in the enterprise, and bring AI, engineering, and design to help the world’s most admired companies.
Fractal’s businesses include Crux Intelligence (AI driven business intelligence), Eugenie.ai (AI for sustainability), Asper.ai (AI for revenue growth management), Senseforth.ai (conversational AI for customer service) & Flyfish (generative AI for Sales). Fractal incubated Qure.ai, a leading player in healthcare AI for detecting Tuberculosis and Lung cancer.
Fractal currently has 4500+ employees across 17 global locations, including the United States, UK, Ukraine, India, Singapore, Middle East and Australia. Fractal has been recognized as ‘Great Workplace’ and ‘India’s Best Workplaces for Women’ in the top 100 (large) category by The Great Place to Work® Institute; featured as a leader in Data Engineering services 2024 & Data Science Services 2024 by Information Services Group, Leader in AI and Analytics Services Specialists Peak Matrix Assessment 2021 by Everest Group, Leader in Customer Analytics Service Providers Wave™ 2023 by Forrester Research, Inc.
About Eugenie AI:
Eugenie is a forward-thinking AI company, headquartered in NY, USA dedicated to creating solutions that address climate change and promote industrial sustainability. Leveraging advanced AI technologies, Eugenie empowers organizations to achieve their sustainability goals and contribute to a healthier planet.
 

View original content:https://www.prnewswire.com/in/news-releases/fractal-announces-merger-of-eugenieai-to-bolster-ai-powered-climate-solutions-302183085.html

Continue Reading

Artificial Intelligence

ADOLFO DOMÍNGUEZ PRESENTS HIS NEW FASHION AND FRAGRANCE COLLECTION AT A WORLD FASHION SHOW

Published

on

adolfo-dominguez-presents-his-new-fashion-and-fragrance-collection-at-a-world-fashion-show

The brand intertwines fashion and perfume to create an immersive experience in the olfactory and creative universe
The fashion show, which will take place in Chile, will be broadcast online in 29 countries. It can be followed live on the brand’s website and social media profiles
MADRID, June 26, 2024 /PRNewswire/ — Adolfo Domínguez keeps moving forward in its commitment to bring fashion closer to society. The brand will showcase Ikigai, its autumn-winter 2024 collection, together with a selection of new perfumes in a global fashion show.

The event, which will mix fashion and fragrances, will be streamed live on 27 June at 6 p.m. (Portuguese time) on the brand’s website, accessible from 29 countries around the world, as well as through Mega, the main television channel in Chile, and Movistar+, in Spain. The event will also be broadcast on the company’s profiles on social media.
Adolfo Dominguez will showcase its fashion and perfume collections from the La Moneda cultural centre in Santiago de Chile, where it will create an immersive experience with artistic performances and music developed exclusively for the occasion. Attendees will have the opportunity to experience first-hand the essence and innovation that define Adolfo Dominguez, consolidating its presence and relevance in the Latin American market.
“Clothes matter. It is our second skin. Perfume is the trace we leave as we walk by. With each new collection, we explore our creativity and out contribution to society as a brand- why should we limit it to a privileged few in a room?” states Patricia Alonso, Corporate Director of Marketing and Communication at Adolfo Domínguez.
Ikigai, a Japanese concept that invites each person to go in search of their vital purpose, is the driving force behind Adolfo Domínguez’s autumn-winter 2024 collection: a selection of garments designed to liberate oneself. The result is a collection designed to be lived, with garments that are born to make people understand that beauty and happiness reside in the little things.
The fashion show will be streamed on www.adolfodominguez.com and on the brand’s profiles on social media (Youtube, Instagram and Facebook). In Latin America, the fashion show can also be seen on Mega, one of the main Chilean television channels.
Photo – https://mma.prnewswire.com/media/2444915/Adolfo_Dominguez.jpgLogo – https://mma.prnewswire.com/media/2445072/Adolfo_Dominguez_logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/adolfo-dominguez-presents-his-new-fashion-and-fragrance-collection-at-a-world-fashion-show-302179102.html

Continue Reading

Artificial Intelligence

Darwin CX Broadens Global Reach via Strategic Partnership with dsb

Published

on

darwin-cx-broadens-global-reach-via-strategic-partnership-with-dsb

TORONTO, NECKARSULM, Germany and NORTHAMPTON, UK, June 26, 2024 /PRNewswire/ — Darwin CX and dsb deepen their alliance as Darwin CX becomes a shareholder of dsb. The Canadian company’s investment in dsb expands Darwin CX into the UK and European market and dsb becomes part of the pioneering Darwin CX family. The strategic partnership marks a significant milestone for Darwin CX and dsb, both leading providers of SaaS solutions and services for publishers.

The most remarkable aspect of this union is the parallel trajectories of these formidable companies prior to the partnership. Darwin CX and dsb’s fly ecosystem both launched in 2018 with the common goal of modernizing the publishing industry, which had become heavily reliant on outdated practices and legacy systems. Each company was on an independent mission to create an ecosystem of tools and solutions that would allow publishers to thrive in a fast-paced, data-driven, digital-first marketplace.
Best practices from North America meet European recipes for success
“While Darwin CX developed a platform for the needs of a North American publishing audience, the dsb fly ecosystem offers its European customers a variety of tools to increase acquisition, maximize customer lifetime value and reduce costs and effort,” explains Liam Lynch, CEO of Darwin CX.
Broader range of resources and features
Darwin CX and dsb are process experts in the publishing environment. “We know the industry’s workflows inside out and have the same vision. Now, as subscription professionals, we are joining forces and offering our customers scalable solutions that enable them to tap into new revenue streams in a dynamic market,” emphasizes Olaf Bendt, CEO of the dsb Group. “Our customers benefit from an even broader range of resources and features.”
Next generation sales and marketing solutions
Publishers are battling dwindling attention spans and declining engagement. dsb and Darwin CX offer the publishing industry new, powerful tools for even more accurate content offers, prices and subscription conditions. All of this is based on data-driven, AI-supported personalization, which offers publishers new insights into their customers’ engagement and launches targeted measures to increase loyalty.
Prioritizing business continuity
“To meet the growing needs of our customers, dsb will expand their fly back-end infrastructure while integrating some of Darwin CX’s key marketing and data management tools. Of course, business continuity will be maintained for both our European and North American clients. We will offer our clients the best of both worlds without disrupting their day-to-day business,” emphasizes Alex Münch, COO at dsb Group.
Solutions for digital and printed content
Darwin CX and dsb are united by a focus on maximizing recurring revenue, seamless integration of online and offline solutions, and a fundamental belief in customer centricity. “The DNA of both companies is the publishing industry. That’s why, together with dsb, we are focusing on customized solutions for printed and digital Content”, stresses Michael Smith, Darwin CX Co-Founder and Chief Technology Officer.
About Darwin CX
Darwin CX is a transformative SaaS and services platform at the leading edge of the subscription and membership economies. Founded in Toronto, Canada, Darwin CX assists brands accelerate acquisition and retention—and increase loyalty—through innovative and customized check-out pages, targeted audience offerings, real-time A/B testing and best-in-class analytics, paywall and customer data platform (CDP). The Darwin CX platform enables clients to have complete freedom and control over customer data in order to tailor the best possible customer experiences. Over 140 well-known publishers and more than 300 brands in the USA, Canada and Australia rely on Darwin CX for their data and subscription management needs. Led by CEO, Liam Lynch, CTO, Michael Smith, COO, Cat Kiernan and President, Cary Zel, Darwin CX is backed by a group of growth equity investors with a common theme of disrupting industries and driving digital innovation including First Ascent Ventures, New Era Capital Partners and Felicitas Global Partners.
About dsb
With dsb fly, the dsb group develops and operates Europe’s leading subscription ecosystem for the publishing industry. Key players in the media industry have been relying on dsb’s holistic and customer-centric monetization solutions for over 50 years. Whether lifestyle products, seminars, events, digital or print titles – the dsb fly ecosystem offers media companies a customized 360-degree customer view of print and digital consumption. This all-round view is the basis for highly individualized worlds of experience and high customer loyalty. dsb fly manages customer relationships along the entire customer life cycle and maximizes subscription retention and sales with accurate subscription offers and highly individualized worlds of experience.
TAGGED WITH: Darwin CX, Liam Lynch, Michael Smith, Cary Zel, dsb, dsb.net, Olaf Bendt, Alex Münch 
To find out if Darwin CX and dsb are right for your international business, contact [email protected]
Photo – https://mma.prnewswire.com/media/2447856/Darwin_CX_LLC_Darwin_CX_Broadens_Global_Reach_via_Strategic_Part.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/darwin-cx-broadens-global-reach-via-strategic-partnership-with-dsb-302182339.html

Continue Reading
Advertisement
Stake.com
Advertisement

Latest News

Trending