Overview

The postal automation system market is anticipated to grow by US$2.2 billion by 2023 rapidly growing at a CAGR of 10.75% during the forecast period 2017 to 2023. The global postal automation system market is driven by rising adoption of the latest technologies as well as growing investment in the market by industry’s leading brands. These factors have helped shape the postal automation system market and are expected to boost the growth. Companies in the postal automation system market could also face challenges such as rising labour cost as well as high installation cost. The details covered in the postal automation system market report cover all the aspects of the industry. Analysts studying the postal automation system market have also shared growth projections in the report and have suggested postal automation system market players to plan business strategies accordingly.

Market Segmentation

The global postal automation system market has been segmented based on applications, technology, and components. On the basis of technology, the market for postal automation system is segmented based on automated package processing system, automated parcel & bundle sorter, facer canceller system,delivery barcode sorter, and others. Additionally, the market on the basis of components, is segmented into hardware, software, and services. The global market for postal automation system is also covered based on the applications segment which is further split into public post and private post.

Factors like emergence of technologies like optical character recognition as well as growing awareness about automation and artificial intelligence based tools support the postal automation system market growth. The performance of postal automation system market has also been studied for the past and current years. Additionally, the postal automation system market report provides analysis of these segments. The postal automation system market segmental analysis provided in the report offers major details about the postal automation system market based on the data and forecasts till 2023.

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Regional Overview

Companies in the postal automation system market are spread across the world. The postal automation system market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American postal automation system market has many companies across the United States, Canada, and Mexico. The postal automation system market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the postal automation system market can be found in the market research report. Europe has companies in the postal automation system market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the postal automation system market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Competitive Landscape

The postal automation system market is supported by robust growth in urbanization across various developing countries. The population growth around the world and increasing demand of postal automation system market based services and products also support the market growth. However, the postal automation system market growth can be affected due to growing use of digital and electronic devices and high maintenance cost. The report covers all such details which will help companies in the postal automation system market to strengthen their business plan and improve their product portfolio. The postal automation system market research report also provides company profiles of major companies. The company profiles of many organizations operating in the postal automation system market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the postal automation system market. New companies and established businesses can plan their strategies based on this data provided in the postal automation system market research report.

Industry News

Mailchimp, the small business marketing tool headquartered in Atlanta that has spread from email to social media, ads for search engines and even postal mail, is introducing another way for its clients to explore the world: text messaging. Mailchimp has reported that it had acquired Chatitive, a Seattle organization that offers marketing, help, and other forms of communications with software for sending both automatic and human-driven text messages. The two systems will initially continue to be run independently, but Ben Chestnut, CEO of Mailchimp, says he expects Chatitive's SMS help to be merged into Mailchimp's marketing packages in a matter of months.

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