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LONDON--(BUSINESS WIRE)--The global same-day delivery market size is poised to grow by USD 9.73 billion during 2020-2024, progressing at a CAGR of about 22% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis. The rising penetration of internet and the growing inclination towards online shopping has significantly contributed to the growth of the B2C e-commerce market in the US. This has increased the demand for parcel delivery services to the B2C e-commerce market. In addition, the growing competition has compelled many e-tailers to reduce their lead time to gain an edge over their rivals in the market. For instance, in 2018, Jet.com introduced same-day delivery for groceries, everyday essentials, and select merchandise in New York. Similarly, in February 2018, Deliv launched Deliv Rx to extend its same-day services to patients, doctors, pharmacies, hospitals, labs, and clinics. All these factors are contributing to the growth of the same-day delivery market in US. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Report Highlights: Read the full report here: https://www.technavio.com/report/same-day-delivery-market-in-the-us-industry-analysis Increasing demand from the medical and healthcare industry will be a key market trend The US is home to many global players in the pharmaceutical industry. In 2019, the pharmaceutical industry was valued between 40% to 46% of the global value. In addition, the government spending on R&D of new drugs has been on the rise since 2014. Many pharmaceutical retailers in the country have started selling products through online platforms. In addition, retailers of medical and healthcare products are partnering with delivery players for emergency transportation of medical goods, blood specimens, and medical equipment for hospitals, clinics, and testing labs. These factors have increased the demand for same-day delivery services in the US, which is driving market growth. Technavios sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Same-Day Delivery Market 2020-2024: Key Highlights Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by End-user Market Segmentation by Service Customer landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us 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, Technavios 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 Technavios 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.

Answer: Same-Day Delivery Market in US - Actionable Research on COVID-19 | Growing B2C E-commerce to Boost Market Growth | Technavio