Press release
Digital Freight Brokerage Market become worth US$10,964.3 mn by 2025
A report by Transparency Market Research finds that the global market for digital freight brokerage was worth US$144.5 mn in 2016 and by clocking a whopping 61.7% CAGR during the period between 2017 and 2025, it would likely become worth US$10,964.3 mn by 2025.
Geographically, the key segments of the global market for digital freight brokerage are North America, South America, Europe, Asia Pacific, and the Middle East and Africa. At present, North America rakes in maximum revenue and is expected to retain its dominant share in the market in the upcoming years as well. By 2025, the region is predicted to generate almost US$4.03 bn revenue.
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Global Digital Freight Brokerage Market: Overview
The “Digital Freight Brokerage Market (Transportation Mode – Roadway, Seaway, Airway, Railway; Industry Verticals – Food & Beverages, Automotive, Retail & E-Commerce, Healthcare, Manufacturing, Other (Aerospace & Defense)) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025”, report provides analysis of the digital freight brokerage market for the period 2015–2025, wherein the years from 2017 to 2025 is the forecast period and 2016 is considered as the base year. Data for 2015 has been included as historical information. The report covers all the major trends and technologies playing a major role in the digital freight brokerage market growth over the forecast period. It highlights the drivers, restraints and opportunities expected to influence the market growth during this period.
The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa and South America. Report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report includes - the U.S, Canada, Germany, France, the U.K., India, China, Japan, GCC, South Africa and Brazil.
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The market overview section of the report showcases the market dynamics and trends which includes drivers, restraints, opportunities that influence the current nature and future status of this market. It also provides an overview about the key market indicators given across the five geographical regions. Under the key strategies adopted by carriers section, strategies adopted by traditional 3PLs and carriers to cope up with technology platforms are described. Under the porter’s five forces analysis section, a brief analysis of the level of competition within the digital freight brokerage industry is given and business strategy is provided in order to determine the competitive attractiveness and intensity of the digital freight brokerage market. The report also includes key industry developments covering significant advances made by leading market players over the period of time.
Global Digital Freight Brokerage Market: Competitive Landscape
The report provides competitive landscape of the digital freight brokerage market, thereby listing out all the major players according to their geographic presence, market attractiveness and recent key developments. The competitive landscape section of the report gives an overview about the market share of several key players for the year 2016. The digital freight brokerage market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews.
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These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. Factors including market position, offerings and R&D focus are attributed to company’s capabilities. This section also identifies and includes various recent developments carried out by the leading players. Moreover, key takeaways section provided at the end of competitive landscape section would help the operating companies to make the best move in the market.
On the basis of transportation mode, the market has been divided into roadway, seaway, airway and railway. Owing to growth in adoption of applications by trucking industry, roadway segment is expected to show significant CAGR over the forecast period and projected to attribute to the highest revenue for the market in 2025. In terms of industry vertical, the market has been segmented into food & beverages, automotive, retail & e-commerce, healthcare, manufacturing and others. The others segment of industry vertical primarily consist of aerospace & defense industry.
The Digital Freight Brokerage market has been segmented as below:
The Digital Freight Brokerage Market, By Transportation mode
Roadway
Seaway
Airway
Railway
The Digital Freight Brokerage Market, By Industry Vertical
Food & beverages
Automotive
Retail & E-commerce
Healthcare
Manufacturing
Other(aerospace & defense)
The Digital Freight Brokerage Analysis, By Country/Region
North America
The U.S.
Canada
Rest of North America
Europe
The U.K.
Germany
France
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
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