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Digital Freight Forwarding Market to Reach $22.92 Billion by 2030, Revolutionizing Global Logistics-Allied Market Research

11-28-2024 11:46 AM CET | Logistics & Transport

Press release from: Allied Market Research

Digital Freight Forwarding Market to Reach $22.92 Billion

According to a recent report published by Allied Market Research, titled, "Digital freight forwarding Market by Mode of Transport, Function, Vertical, and Deployment Mode: global opportunity analysis and industry forecast, 2021-2030," the global digital freight forwarding market was valued at $2.92 billion in 2020, and is projected to reach $22.92 billion by 2030, registering a CAGR of 23.1%.

๐Ÿ”ฐ ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-sample/A11518

Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. U.S. dominated the global digital freight forwarding market in North America in 2020, owing to increase in import-export activities, technological developments by key players, and rapid adoption of innovative technologies in making faster & cost-effective shipment deliveries. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in industrial production and trade across different nations in the region along with implementation of favorable trade-centric regulations across the prominent countries such as China, India, and Japan.

Growth of the e-commerce industry across the globe and increase in free trade agreements fuel the global digital freight forwarding market growth. On the other hand, inadequate infrastructure, higher logistics costs, and strict regulations imposed on air freight hamper the market growth. On the contrary, increase in acceptance of DTC e-commerce logistics and decline in cost-cutting and lead time due to the use of multimodal systems create several market opportunities.

The report segments the global digital freight forwarding market on the basis of function, transport, deployment mode, vertical, and region.

By mode of transport, the digital freight forwarding market is segregated into land, sea, and air. The sea segment accounted for the highest revenue in 2020, owing to the large volume of goods transported via sea, along with it being the most cost-effective mode in contrast with air and land.

๐Ÿ”ฐ ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/A11518

On the basis of function, the market is divided into warehouse management and transportation management. The transportation management segment garnered highest revenue in 2020, as transportation management helps users to receive real-time order and tracking information that increases the transparency related to the logistics processes.

Depending on vertical, the market is divided into retail & e-commerce, manufacturing, healthcare, automotive, and others. The others segment garnered highest revenue in 2020, as it includes the digital freight forwarding services pertaining to various prominent industries, for instance, chemical, oil & gas, beverages, construction & mining, and agriculture.

By deployment mode, the digital freight forwarding market is segregated into cloud and on-premises. The cloud segment accounted for the highest revenue in 2020, owing to surge in demand for cloud services, which can be accessed anytime and anywhere, along with the exponential rise in the adoption of cloud services across the world.

๐Ÿ”ฐ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/digital-freight-forwarding-market/purchase-options

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Deutsche Post DHL Group,
Descartes Kontainers,
Flexport, Inc.,
iContainers,
Forto GmbH,
Kuehne+Nagel International AG,
Turvo Inc.,
Twill,
Transporteca,
Uber Freight LLC.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐‹๐จ๐ ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

https://www.alliedmarketresearch.com/drone-logistics-market-A10272 - Drone logistics Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component, by Application, by End-Use : Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/fourth-party-logistics-market - Fourth Party Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by End User : Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/rail-logistics-market - Rail Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Operational Area, by End-Use Industry : Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/automotive-logistics-market-A31507 - Automotive Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report, by Service, by Type, by Mode of Transport, by Distribution Area : Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/self-driving-truck-market - Self-Driving Truck Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component, by Application, by Level of Automation, by Propulsion Type : Global Opportunity Analysis and Industry Forecast, 2025-2035

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
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help@alliedmarketresearch.com
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Allied Market Research Blog: https://blog.alliedmarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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