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Digital Freight Brokerage Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

10-23-2023 03:56 AM CET | Media & Telecommunications

Press release from: Orion Market Research

Digital Freight Brokerage Market is Anticipated to Increase at

The global digital freight brokerage market size was valued at $2.83 billion in 2022, and is projected to reach $9.82 billion by 2030, registering a CAGR of 19.5% during the forecast period (2023-2030). The growing popularity of cell phones and laptops is driving growth in the global market for digital freight brokerage. Digital developments facilitate this process by making it more efficient and fruitful by allowing shippers to locate carriers on demand and eliminating unexpected brokerage fees. Furthermore, growing wireless connectivity and network technologies, such as 3G and 4G, are anticipated to have a favorable effect on market development, especially in emerging nations.

The significant entrance of companies that use new technologies such as AI and ML to predict demand from shippers and carriers is expected to impact the development of the digital freight brokerage market in the coming years. The increased use of technology is assisting in the automation and time-saving of processes from the broker's end, thereby boosting demand for digital freight brokerage solutions. For instance, in July 2020, Uber Freight revealed intentions to acquire Route Match Software, Inc., a public transportation agency software business located in Atlanta, Georgia, USA. By purchasing RouteMatch Software, Inc., the company intends to grow its public transportation industry with advanced solutions. For instance, in 2020, C.H. Robinson Worldwide, Inc. revealed the purchase of Prime Distribution Services in order to increase its market share and recognition among various sectors by providing quality services to shippers and consumers.

To Request a Sample of our Report on Digital Freight Brokerage Market: https://www.omrglobal.com/request-sample/digital-freight-brokerage-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Platform

· By Deployment

· By Transportation Mode

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape- C.H. Robinson, Cargocentric Inc., Cargomatic Inc., CEVA Logistics, Convoy, Coyote Logistics LLC, DAT Solutions LLC, DB Schenker Logistics, DHL International GmbH, Echo Global Logistics, and others.

Digital Freight Brokerages Market Report Segment

By Platform

· Specialized & Generic Marketplaces

· Crowd Shipping Platform

· Digital Freight Exchange

· Tender Platform

· Others

By Deployment

· Desktop

· Mobile

By Transportation Mode

· Roadways (Truck, Trailer, Lorry)

· Seaways

· Airways

· Railways

· Others

A full Report of Digital Freight Brokerage Market is Available @ https://www.omrglobal.com/industry-reports/digital-freight-brokerage-market

Digital freight brokerages Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· C.H. Robinson

· Cargocentric Inc.

· Cargomatic Inc.

· CEVA Logistics AG

· Convoy, Inc.

· Coyote Logistics LLC

· DAT Solutions LLC

· Schenker AG

· DHL International GmbH

· Echo Global Logistics

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/digital-freight-brokerage-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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