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Digital Transformation of Maritime Freight Market to Reach a Value of ~Us$ 38.4 BN by 2027 | at a CAGR of ~10% | IBM Corporation, Oracle, SP SE, Syntel Inc., Hexaware Technologies, ABB Ltd., Tech Mahindra Limited

Digital Transformation of Maritime Freight Market to Reach

According to a new report pertaining to the global digital transformation of maritime freight market published by Transparency Market Research, the global digital transformation of maritime freight market is projected to reach a value of ~US$ 38.4 Bn by 2027. The market is projected to expand at a CAGR of ~10% from 2019 to 2027. Growth of the market can be attributed to increased importance and dependency on IT & digitization within the shipping industry. Over the forecast period, Asia Pacific is anticipated to grow rapidly in the digital transformation of maritime freight market, at a ~11% CAGR. In terms of share, the digital transformation of maritime freight market is dominated by North America, followed by Europe. In the digital transformation of maritime freight market, the software solution segment was valued at ~US$ 15.3 Bn in 2017.

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Digital Transformation of Maritime Freight Market: Segmentation

The global digital transformation of maritime freight market has been segmented in terms of software solution, service, deployment, end user, and region.

Digital Transformation of Maritime Freight Market by Software Solution

Booking
Vessel Scheduling
Loading/ Unloading
Delivery

Digital Transformation of Maritime Freight Market by Service

Consulting & Training
Implementation & Integration
Operation & Maintenance
Managed Services

Digital Transformation of Maritime Freight Market by Deployment

Cloud-based
On-premise

Digital Transformation of Maritime Freight Market by End User

Ports & Terminals
Maritime Freight Forwarders

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Digital Transformation of Maritime Freight Market: Competition Dynamics

The research study includes the profiles of leading companies operating in the global digital transformation of maritime freight market. Key players profiled in the digital transformation of maritime freight market report include IBM Corporation, Oracle, SP SE, Syntel Inc., Hexaware Technologies, ABB Ltd., Tech Mahindra Limited, Kintetsu World Express, Inc, Advantech Co., Ltd., Mindtree Ltd., DigiLogistics Technology Ltd., Partner Tech Corp , 3GTMS, Inc., 4flow AG, and Logistic Solutions, Inc.

Key Questions Answered in Digital Transformation of Maritime Freight Market Report

Which regions will continue to remain the most profitable regional markets for digital transformation of maritime freight market players?
Which factors will induce a change in the demand for digital transformation of maritime freight during the assessment period?
How will changing trends impact the digital transformation of maritime freight market?
How can market players capture low-hanging opportunities in the digital transformation of maritime freight market in developed regions?
Which companies are leading the digital transformation of maritime freight market?
What are the winning strategies of stakeholders in the digital transformation of maritime freight market to upscale their position in this landscape?

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