Press release
Digital Freight Forwarding Market Transformation: AI, Automation, and Cloud Solutions Drive Growth as North America and APAC Lead Expansion
Global Digital Freight Forwarding Market reached US$ 8.54 billion in 2023 and is expected to reach US$ 50.14 billion by 2031, growing with a CAGR of 25.04% during the forecast period 2024-2031.The Digital Freight Forwarding Market receives exhaustive analysis from DataM Intelligence, delivering stakeholders essential market data, emerging industry patterns, and strategic business intelligence. This in-depth research explores the competitive landscape in detail, evaluating market leaders across multiple dimensions including their innovative product offerings, competitive pricing strategies, financial performance metrics, strategic growth plans, and regional market penetration efforts.
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The Digital Freight Forwarding Market is revolutionizing global logistics by leveraging technology to streamline and automate freight booking, tracking, and documentation processes. Unlike traditional freight forwarding, digital platforms offer real-time visibility, dynamic pricing, and end-to-end shipment management across air, sea, and land transport. Key growth drivers include the rise of e-commerce, demand for supply chain transparency, and the shift toward data-driven logistics. Startups and tech-driven incumbents like Flexport, Freightos, Forto, and Maersk are leading innovation in this space. North America and Europe are early adopters, while Asia-Pacific is emerging rapidly due to growing trade volumes and digitization initiatives.
Key Players
The prominent players in Digital Freight Forwarding market research report are:
• Flexport, Inc.,
• Forto Logistics SE & Co.,
• KG, Agility,
• Saloodo! GmbH,
• iContainers,
• Freightwalla,
• Boxnbiz,
• Zencargo,
• Kappal,
• DiLX.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
➤ In February 2024, to promote cross-border trade in Africa, Ghanaian digital goods forwarder Jetstream Africa introduced Jetvision.ai, an AI-enabled platform. The new platform is accessible to regional freight forwarders.
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Market Segments
➤ By Component: Solutions, Services
➤ By Mode of Transport: Land, Sea, Air Source
➤ By Deployment Mode: On-Premises, Cloud
➤ By Function: Warehouse Management, Transportation Management
➤ By End-User Industry: Manufacturing, Automotive, Retail and E-Commerce, Healthcare, Others
The Digital Freight Forwarding industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Research Methodology
Our analytical framework employs cutting-edge statistical modeling and data mining techniques to identify emerging patterns, forecast market trajectories, and decode complex industry dynamics. We enhance our findings through sophisticated market segmentation analysis and Porter's Five Forces evaluation, providing a 360-degree view of the competitive landscape. This multi-layered methodology ensures our delivered insights are not only data-driven and credible but also strategically relevant and immediately actionable for critical business decisions.
Regions Covered:
The global Digital Freight Forwarding Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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