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International Courier Market to Grow by USD 136.1 Billion (2024-2028), Driven by Advancements in Courier Technology and AI-Powered Market Evolution – Technavio

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NEW YORK, Oct. 24, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global International Courier Market  size is estimated to grow by USD 136.1 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  9.19%  during the forecast period. Advancements in courier services technology is driving market growth, with a trend towards rising focus on sustainable and green logistics. However, scams related to courier services  poses a challenge.Key market players include Alibaba Group Holding Ltd., Aramex International LLC, Blue Dart Express Ltd., Canada Post Corp., Delhivery Ltd., DHL Express Ltd, DPD Deutschland GmbH, DTDC Express Ltd., Evri Ltd, FedEx Corp., GEODIS, Janio Asia, Japan Post Holdings Co. Ltd., Kuehne Nagel Management AG, LALAMOVE, Logistics Plus Inc., Nippon Express Holdings Inc., Purolator Inc., Royal Mail Group Ltd., The Courier Guy Pty Ltd, United Parcel Service Inc., United States Postal Service, and Yamato Holdings Co. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Express delivery, Standard delivery, and Others), Consumer (Business-to-Consumer, Business-to-Business, and Consumer-to-Consumer), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Alibaba Group Holding Ltd., Aramex International LLC, Blue Dart Express Ltd., Canada Post Corp., Delhivery Ltd., DHL Express Ltd, DPD Deutschland GmbH, DTDC Express Ltd., Evri Ltd, FedEx Corp., GEODIS, Janio Asia, Japan Post Holdings Co. Ltd., Kuehne Nagel Management AG, LALAMOVE, Logistics Plus Inc., Nippon Express Holdings Inc., Purolator Inc., Royal Mail Group Ltd., The Courier Guy Pty Ltd, United Parcel Service Inc., United States Postal Service, and Yamato Holdings Co. Ltd.

Key Market Trends Fueling Growth

The international courier market is prioritizing eco-friendly packaging and logistics practices in response to growing consumer concerns for the environment and health impacts. Companies such as DHL Express Ltd are leading the way with initiatives like Go Green, which include using sustainable packaging materials and electric vehicles to reduce carbon emissions. In China, regulatory bodies have announced plans to mandate a green transition for courier companies by the end of 2025, banning toxic packaging materials. These developments will drive the expansion of the global international courier market, focusing on sustainable solutions. 

The international courier market is thriving in today’s globalized business environment. With in international trade, shipping services have become essential for Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. Delivery efficiency is key, especially for time-sensitive orders and urgent deliveries. E-commerce boom has led to an increase in demand for same day and on-demand delivery, pushing logistics companies to innovate. Sustainability initiatives, drone delivery, and autonomous delivery are trends shaping the future of the industry. Data analytics helps in supply chain integration, while customs and trade regulations remain a challenge. Last mile delivery innovations include personalized delivery, blockchain integration, and collaborative logistics. Onetime code delivery, mobile apps, and logistics management solutions streamline the process. Strategic acquisitions, track and trace, packaging and labeling, and customized delivery solutions are crucial for service quality. Startups are disrupting the market with Internet of Things, automation, and crowd-sourced deliveries. GPS technology and location-based solutions enable real-time tracking. 

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Market Challenges

International courier markets have faced challenges due to scams that undermine the reputation of courier companies and potentially decrease demand. Scammers pose as officials from well-known courier firms, engaging in conversations to steal personal information, money, or valuable goods. For instance, in Udupi, India, in July 2024, scammers posing as FedEx Corp. Officers claimed a parcel containing illicit items and requested large sums of money for release. In the UK and Australia, the “parcel pending” scam involves text messages requesting additional delivery costs and leading users to fake courier company websites to enter banking information. These scams erode consumer trust, making buyers hesitant to use international courier services for transporting valuable goods, documents, or other items. This skepticism will hinder the growth of the global international courier market during the forecast period.The international courier market faces numerous challenges in today’s business landscape. In online trading and e-commerce, B2C and B2B services have become a significant part of the market. Logistics companies must ensure service quality for both personal and business users, including government organizations. Rapid delivery and secure, express services are essential for e-commerce growth and urbanization. Logistics networks must adapt to technology trends like the Internet of Things, automation, and crowd-sourced deliveries. Last mile delivery and location-based solutions require GPS technology and real-time tracking systems. Drones offer potential for efficient, same-day courier services, especially for large packages and cross-border logistics. Regulatory uncertainty and delivery time are critical concerns for international shipping. Customized delivery and environmental sustainability are essential for customer satisfaction. Blockchain, robotics, artificial intelligence, and standard courier services cater to different market segments. Small and medium packages require efficient handling, while large packages and B2B e-commerce necessitate logistics networks. E-commerce growth, urbanization, and online shopping increase the demand for delivery guarantee and express services. Rapid delivery, secure delivery, and express services are crucial for business success. Companies must invest in technology and adapt to changing market trends to remain competitive.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This international courier market report extensively covers market segmentation by

Type 1.1 Express delivery1.2 Standard delivery1.3 OthersConsumer 2.1 Business-to-Consumer2.2 Business-to-Business2.3 Consumer-to-ConsumerGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Express delivery-  The international courier market is a significant sector in global logistics. It facilitates the transportation of goods across borders, enabling businesses to expand their reach and customers to receive their purchases promptly. Major players in this market include DHL, FedEx, and UPS, who offer various services such as express, economy, and freight. These companies invest in advanced technology and infrastructure to ensure efficient and reliable delivery. The market’s growth is driven by increasing globalization, e-commerce sales, and the need for faster delivery times. Companies prioritize customer satisfaction and competitive pricing to stay competitive.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The international courier market is experiencing significant growth due to the e-commerce boom and the increasing demand for rapid, secure, and express delivery services. Online trading and B2C services are major drivers of this market, with logistics companies providing customized, cross-border, and business-to-business solutions. Service quality, customer service, and environmental sustainability are key priorities for both established players and startups. The integration of the Internet of Things, Big Data Analysis, and Blockchain technology is revolutionizing the industry, enabling real-time tracking, automated processes, and increased security. Regulatory changes and technological advancements, such as drone delivery and autonomous vehicles, are also shaping the market. The use of robotics, data analytics, and same-day delivery services is becoming increasingly common, with companies focusing on providing a seamless and efficient customer experience.

Market Research Overview

The international courier market is a dynamic and growing industry that plays a crucial role in facilitating the global exchange of goods and services. With the rise of online trading and e-commerce, the demand for reliable and efficient courier services, particularly for B2C and B2B services. Logistics companies are leveraging technology such as the Internet of Things, automation, and crowd-sourced deliveries to enhance service quality and delivery efficiency. Last mile delivery solutions, including GPS technology and drones, are revolutionizing the industry, enabling rapid and secure delivery of small, medium, and large packages. Urbanization and e-commerce growth have led to increased pressure for urgent deliveries and time-sensitive orders, driving innovation in logistics networks and international shipping services. Companies are also focusing on sustainability initiatives, regulatory compliance, and customized delivery solutions to meet the diverse needs of personal users, business users, and government organizations. The integration of blockchain, robotics, artificial intelligence, and data analytics is transforming the industry, enabling real-time tracking, on-demand delivery, and strategic acquisitions. Cross-border logistics and supply chain integration are key challenges, with customs and trade regulations requiring careful navigation. The future of the courier market lies in last mile innovation, personalized delivery, and blockchain integration, as well as collaborative logistics and onetime code delivery systems. Mobile apps and logistics management solutions are also becoming essential tools for businesses and individuals seeking to streamline their delivery processes and ensure delivery guarantees.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeExpress DeliveryStandard DeliveryOthersConsumerBusiness-to-ConsumerBusiness-to-BusinessConsumer-to-ConsumerGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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AI-Powered Earbuds Transforming North American Smart Offices: Exclusive Insights from viaim CPO at CES 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — At CES 2025 in Las Vegas, Liu Da, Chief Product Officer (CPO) of viaim, an AI technology hardware company deeply rooted in the smart office sector, gave an exclusive interview, sharing valuable insights into viaim’s exploration of the field of AI-powered earbuds, its innovative product concepts, and how the technology addresses common workplace challenges in North America. Mr. Liu also delved into the market potential of AI-powered earbuds and viaim’s strategic blueprint for shaping the future of smart offices, especially in the North American market.

North American business professionals have widely embraced remote and hybrid work models. The rise of multilingual communication has fostered a highly digitalized consumer landscape with diverse user needs, particularly for smart office solutions. In response, viaim is dedicated to developing practical AI solutions that alleviate repetitive and tiring office tasks. By addressing the evolving demands of North American professionals with its AI-driven innovations, viaim is advancing its global mission to transform work efficiency and productivity.

Unique advantages of AI-powered smart earbuds

In the interview, Mr. Liu said earbuds, being close to the user’s senses, are seamlessly integrated into daily life and serve as an ideal platform for AI technology. Unlike traditional office hardware, AI-powered earbuds are portable and versatile, fitting various scenarios such as remote meetings, commuting, and entertainment. He highlighted that viaim’s AI-powered smart office solutions position the Company to bridge the gap between people and devices, transforming earbuds from simple audio tools into smart office partners. 

viaim’s technology and design challenges during the R&D  phase

Mr. Liu detailed the challenges the Company faced during the R&D phase, including integrating AI computing power, storage, and sensors into earbuds with limited space while maintaining portability and battery life. He also highlighted the difficulty of balancing human auditory sensitivity with machine signal processing to ensure a natural user experience. To tackle these challenges, viaim employed multi-terminal collaboration, integrating earbuds, apps, and cloud services to ensure seamless voice processing and secure data management tailored to the needs of North American professionals.

Market potential, insights, and positioning in North America

A report from Upwork, the world’s largest work marketplace, projects 36.2 million Americans will work remotely in 2025, marking an 87% increase from pre-pandemic levels. AI-powered earbuds, with capabilities including meeting recording and follow-up task management, cater to the digitalized and multilingual North American market. As remote and hybrid work rises, AI earbuds are becoming vital for workplace efficiency and language learning. viaim stands out with a competitive strategy focused on technological innovation and market segmentation, offering unique value beyond traditional earbud brands.

Future strategy and product vision

Mr. Liu believes technology’s true value lies in solving real-world problems. “When users actively engage with our AI solutions, it demonstrates their true value,” he stated. AI earbuds remain the Company’s core focus, empowering professionals to shift their attention from routine tasks to meaningful creative endeavors. Looking ahead, viaim plans to expand its product lineup to include smart glasses and office accessories, creating a comprehensive AI office ecosystem. The Company aims to rapidly iterate based on user feedback, expanding AI earbuds from niche to mass markets and advancing industry development.

Media Contact: 

Qian Wang
+86-15321782927
wangqian@vision-intelligence.tech

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Steller Unveils Group Trip Planning

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KIRKLAND, Wash., Jan. 10, 2025 /PRNewswire/ — Steller, a video-based, travel planning platform that allows travelers to discover, connect and book based on experiences shared by creators, introduced its most requested feature yet: group trip collaboration. The feature transforms how travelers plan group trips by consolidating everything—discovery, communication, organized planning, and booking—into one platform. 

Steller launches group trip planning, streamlining discovery, communication, and booking into one collaborative platform.

Traditional Trip planning involves multiple surfaces and when traveling with others, multiple communication channels. It is difficult to stay organized when communication is spread across text messages, social DMs, email, etc.  

Steller’s new collaboration feature eliminates communication chaos and streamlines trip planning by offering a central group hub for organizing every piece of the process. Travelers can invite others to join their Trip itinerary, keeping communication, discovery, and booking in one place. With Steller’s library of more than 30 million pieces of user generated travel content, groups can share videos of activities, dining spots, attractions, add notes, and co-create custom itineraries. Flexible itinerary views—list, map, and video—give everyone a complete picture of the plan to share and edit with their travel companions.

“Collaborative trip planning has been a top request from our community.  When we launched Trips by Steller   last January, we knew it would resonate, but the response has far exceeded expectations. In a short time, over 50,000 users have planned and booked trips by incorporating their favorite user-generated travel videos into personalized itineraries. For our destination clients,  Trips by Steller has seamlessly connected travel influencer marketing to planning and commerce. Steller clients see more than 18% of viewers who engage with their influencer campaigns planning trips to their destination—a result that sets a high bar in the travel industry. Adding collaboration to the mix amplifies that impact, inspiring more people to explore, engage and transact together!” said Pete Bryant, CEO of Steller. 

How It Works  

Whether it’s a getaway for two or a large group adventure, collaboration makes organizing travel plans easy with an all-in-one solution. 

Build Your Itinerary Together: Group members can contribute by adding things to do, activities, and notes.Stay Organized: Add notes and structure by day, activity, or group to eliminate confusion.Flexible Views: View your itinerary as a detailed list, on a map, or through video for a fully customizable planning experience.Real-Time Updates: Keep track of changes, additions, and edits made by group members.On-the-Go Access: Everyone can access the itinerary on their phone.

Steller continues to lead the charge in innovative travel planning, ensuring that its platform evolves based on user feedback. Collaborative trip planning is the latest step in its mission to evolve travel. 

About Steller 

Steller, headquartered in Kirkland, Wash., is the market leading travel planning platform that guides travelers from inspiration to planning and booking through authentic experiences of their favorite creators. Steller’s patent pending platform distributes millions of pieces of bespoke, worldwide video content that can be found and booked on the Steller app. Learn more at www.steller.co  and  stellerforbusiness.com

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RAAPID Raises Series A from M12, Microsoft’s Venture Fund to Scale Next-Generation Healthcare Risk Adjustment

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Company reports 300% revenue growth in 2024 and advances partnerships with nation’s leading health systems

LOUISVILLE, Ky., Jan. 10, 2025 /PRNewswire/ — RAAPID, the industry-leading healthcare AI company, announced today a significant Series A investment from M12, Microsoft’s venture fund. This strategic funding positions RAAPID to expand its groundbreaking Neuro-symbolic AI platform that is reshaping healthcare risk adjustment.

RAAPID’s explosive growth – marked by a 300% revenue increase in 2024 – demonstrates the market’s strong validation of its advanced technology platform. The company has quickly established itself as a trusted partner for major health plans and provider., At the core of RAAPID’s success is its pioneering VisionAI technology, which tackles one of healthcare’s most pressing challenges: making sense of unstructured medical data. While over 70% of medical records exist as unstructured data when shared outside EHRs, RAAPID’s AI engine transforms this complex information into actionable insights, enabling unprecedented accuracy in risk capture and care gap identification.

“Our vision extends beyond traditional risk adjustment,” states Chetan Parikh, Founder and CEO of RAAPID. “We’re creating a future where AI augments healthcare professionals’ capabilities, leading to better patient outcomes and more accurate appropriate reimbursements. This investment from M12 accelerates our mission to transform healthcare through advanced AI.”

RAAPID’s purpose-built Risk Adjustment platform has achieved remarkable results:

Slashing chart review time by 60-80%Surpassing industry standards with 95%+ coding accuracyGenerating additional appropriate and compliant revenue per memberImproving risk capture accuracy by 25%

The HITRUST-certified platform stands out for its unique Neuro-symbolic AI approach, combining neural networks with an extensive medical knowledge graph containing over 4 million clinical entities and 50 million relationships. This sophisticated technology enables both retrospective analysis and prospective risk adjustment, helping organizations identify and address care gaps to positively impact patient health.

“Healthcare organizations are increasingly seeking innovative solutions to manage risk and improve care delivery in value-based arrangements,” said Todd Graham, Managing Partner at M12. “RAAPID’s AI-driven risk adjustment platform aligns perfectly with our investment strategy. Through M12, we are committed to providing our portfolio companies with access to Microsoft’s resources and expertise to drive significant impact in the healthcare sector.

Led by a team with over 25 years of healthcare technology expertise, RAAPID has collaborated with experts from the top 4 tech giants in developing its clinical AI solutions. RAAPID continues to push the safe boundaries of what’s possible in healthcare AI. The company’s selection as an M12 portfolio company validates its position as a leader in healthcare technology innovation.

As value-based care becomes increasingly important, RAAPID’s AI-powered solutions are becoming essential tools for healthcare organizations striving to improve timeliness and quality of care all patients expect. With this new funding, RAAPID is poised to further advance its technology and expand its positive impact on patients, providers and payers.

About RAAPID
RAAPID develops AI-powered solutions for healthcare payers, providers, and supporting organizations. The company’s cloud-based risk adjustment platform uses neuro-symbolic AI to identify chronic conditions, determine HCC codes, calculate risk scores, and analyze population health trends. RAAPID serves organizations that participate in Medicare Advantage, ACA, Medicare ACO, and Medicaid programs.

For more information about RAAPID’s AI-powered risk adjustment solutions, visit www.raapidinc.com

CONTACT:
Mayur Vyas
(502) 699-3044
388583@email4pr.com

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