The article cited AMA's Global Smart Parcel Locker Market Study explored substantial growth with CAGR of 16.0%. According the report, Growing Demand Due To Ideal 24/7 Delivery Channel is one of the primary growth factors for the market. Development of New Revenue Channels is also expected to contribute significantly to the Smart Parcel Locker market. Overall, Condos applications of Smart Parcel Locker, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as KEBA AG (Austria), TZ Limited (Australia), CleverBox Company (United States), Patterson Pope, Inc.(United States), Debourgh Manufacturing Co (United States), RENOME-SMART (Ukraine), Kern Limited (United Kingdom), Smartbox Ecommerce Solutions Pvt. Ltd.(India), Snaile Inc. (Canada) and Package Nexus (United States) may see astonishing sales in this Market and certainly improve revenue growth.

The Capacity, such as Min. Order <10, is boosting the Smart Parcel Locker market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Smart Parcel Locker market identified that the demand is rising in many different parts of the world as "Technological Advancement in Smart Parcel Locker ". Furthermore, some recent industry insights like "On 15th January 2019, Snaile has collaborated with 1VALET, a Quebec-based business providing a full multi-residential building automation platform, to simplify the process of receiving packages. This partnership between the two Canadian companies allows parcels to be safely deposited at recipients' multi-family building and delivery notifications integrated with the 1VALET platform. and On 31st January 2019, Parcel Pending, the leading provider of innovative package management solutions, has announced that it has been acquired by Paris-based Neopost, a global leader in mail solutions, business process automation, customer experience management and parcel locker solutions, for more than 100 million USD." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Smart Parcel Locker market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Smart Parcel Locker market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Smart Parcel Locker market tight?
• Which application/end-user category or Product Type [Modular Parcel Locker, Cooling Lockers for Fresh Food, Postal Lockers, Self-service Parcel Lockers and Laundry Lockers] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Smart Parcel Locker market and other related sub-markets covered in the study.

o Key & emerging players in the Smart Parcel Locker market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Smart Parcel Locker market size is calculated using market estimation process, the Smart Parcel Locker market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Smart Parcel Locker market size has been validated using both top-down and bottom-up approaches.