Global Digital Freight Matching Market Size Study, by Service (Freight Matching Services, Value Added Services), by Platform (Web-based, Mobile-based), by Transportation Mode (Full Truckload, Less-than-Truckload, Intermodal), by Industry (Food & Beverages, Retail & E-commerce, Manufacturing, Others), and Regional Forecasts 2022–2032
The global digital freight matching market is poised for exponential growth, projected to expand at a CAGR of 32.1% from 2024 to 2032. Valued at USD 35.74 billion in 2023 the market is driven by advancements in automation and digitization across the supply chain. Digital freight matching platforms bridge the gap between shippers and carriers by facilitating real-time load matching through web or mobile-based applications. This transformative technology enhances operational efficiency and minimizes manual intervention, optimizing traditional logistics processes.
Digital freight matching platforms leverage cutting-edge technologies such as Artificial Intelligence (AI), Machine Learning (ML), and predictive analytics, enabling automated load matching and dynamic pricing. For instance, platforms like Fr8App and Uber Freight utilize AI-driven algorithms to streamline freight brokerage, improving capacity utilization and cost efficiency. These advancements make freight management more accessible and transparent for small to medium-sized carriers.
The rapid proliferation of e-commerce further underscores the importance of digital freight matching. With increasing demand for fast, flexible, and scalable logistics solutions, these platforms provide the agility necessary to address surging freight volumes. Additionally, their ability to optimize truckloads and reduce empty miles aligns with sustainability goals, addressing both economic and environmental priorities. User-friendly mobile applications amplify adoption rates, offering enhanced accessibility for carriers and drivers.
Geographically, North America dominates the digital freight matching market due to its robust technological infrastructure, widespread internet penetration, and the presence of prominent players such as Uber Freight and Convoy. The region's logistics industry benefits from a strong focus on R&D, fostering innovation in freight management. Meanwhile, the Asia Pacific region is expected to witness the fastest growth, driven by rising smartphone adoption, expanding e-commerce markets, and improving technological infrastructure.
Major market players included in this report are:• Uber Freight (Uber Technologies, Inc.)
• Convoy (Flexport Freight Tech LLC)
• XPO, Inc.
• Freight Tiger
• Freight Technologies, Inc.
• Cargomatic Inc.
• Full Truck Alliance (JiangSu ManYun Software Technology Co., Ltd.)
• Redwood Logistics
• Roper Technologies, Inc.
• C.H. Robinson Worldwide, Inc.
• Schneider National, Inc.
• Echo Global Logistics
• Loadsmart Inc.
• Trimble Transportation
• Transfix
The detailed segments and sub-segment of the market are explained below:By Service:
• Freight Matching Services
• Value Added Services
By Platform:
• Web-based
• Mobile-based
Android
iOS
By Transportation Mode:
• Full Truckload (FTL)
• Less-than-Truckload (LTL)
• Intermodal
• Others
By Industry:
• Food & Beverages
• Retail & E-commerce
• Manufacturing
• Oil & Gas
• Automotive
• Healthcare
• Others
By Region:
• North America
U.S.
Canada
Mexico
• Europe
UK
Germany
France
• Asia Pacific
India
China
Japan
South Korea
Australia
• Latin America
Brazil
• Middle East & Africa
Kingdom of Saudi Arabia (KSA)
UAE
South Africa
Years considered for the study are as follows:• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:• Market estimates & forecasts for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of the geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of the competitive structure of the market.
• Demand-side and supply-side analysis of the market.
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