Digital Freight Brokerage Market 2024-2028
The digital freight brokerage market is forecasted to grow by USD 13541.2 mn during 2023-2028, accelerating at a CAGR of 49.2% during the forecast period. The report on the digital freight brokerage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increased use of IT-enabled solutions, the growth of intermodal freight transportation, and the rapid uptake of advanced technologies in the transportation and logistics sector.
Technavio's digital freight brokerage market is segmented as below:
- By Mode Of Transportation
- Roadway
- Seaway
- Airway
- Railway
- By Application
- Retail and E-commerce
- Food and beverages
- Healthcare
- Automotive
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing global E-commerce industry as one of the prime reasons driving the digital freight brokerage market growth during the next few years. Also, venture capitalists continue to invest in digital freight brokerage and growing demand for transportation and logistics services will lead to sizable demand in the market.
The report on the digital freight brokerage market covers the following areas:
- Digital Freight Brokerage Market sizing
- Digital Freight Brokerage Market forecast
- Digital Freight Brokerage Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital freight brokerage market vendors that include ArcBest Corp., Berkshire Hathaway Inc., C H Robinson Worldwide Inc., Cargocentric, Cargomatic Inc., CMA CGM SA Group, Convoy Inc., Deutsche Post AG, Echo Global Logistics Inc., Hub Group Inc., Kintetsu Group Holdings Co. Ltd., Kuehne Nagel Management AG, Loadsmart Inc., Nippon Express Holdings Inc., Redwood Logistics, Renren Inc., Roper Technologies Inc., Transfix Inc., Truckstop Group LLC, United Parcel Service Inc., and uShip Inc.. Also, the digital freight brokerage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.