Global Digital Freight Brokerage Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies And Forecast
The global market for digital freight brokerage is growing as tablet and smartphone adoption rates increase. Digital innovations enable this procedure by increasing its productivity and efficiency by enabling shippers to find carriers on demand and by eliminating unexpected brokerage fees. Additionally, expanding wireless connection and network technologies, such 3G and 4G, are anticipated to have a beneficial impact on market growth, particularly in developing nations. The rapid adoption of new technologies in developed regions and the already advanced technologies there are boosting market expansion in places like North America and Europe.
Global Digital Freight Brokerage Market is expected to grow at a CAGR of 28.5% during the forecast period and market is expected to reach US$ 18.8 Bn. by 2027.
Global Digital Freight Brokerage Market Overview:
The Global Digital Freight Brokerage Market research evaluates the market's major characteristics using a variety of factors such as supply, demand, feasibility, and current trends. The Global Digital Freight Brokerage Market research also provides forecasts for the years 2022-2027. The Global Digital Freight Brokerage report estimates and forecasts potential growth in the worldwide Global Digital Freight Brokerage market at each point in time, based on statistical data and in-depth research that takes into account both qualitative and quantitative values of significant elements such as historical, current, and future trends. The study also looks at the current Global Digital Freight Brokerage market as well as the market's prospects. A thorough examination of business execution, market share, and cost analysis data is also included in the study.
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In this research, we discuss all market aspects. Positive aspects, constraints, possibilities, and problems are all discussed in depth in the paper, and all data is gathered from press releases and yearly reports. The goal of the study is to propose a patent-based strategy for finding possible technology partners as a tool for encouraging open innovation. The report's market share research and comparison of the leading players allow users to take additional steps in their organization's growth or improvement.
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Global Digital Freight Brokerage Market Segmentation:
The global market for digital freight brokerage can be divided into four categories based on the mode of transportation: air, sea, and land. Among them, the road transportation sector is anticipated to experience the highest CAGR growth and highest revenue generation during the forecast period. The increase is attributable to people using digital applications more frequently to avoid expensive and uncertain brokerage fees.
Global Digital Freight Brokerage Market Key Players:
• Echo Global Logistics Inc. • Coyote Logistics • Transfix, LLC • Convoy • Cargomatic Inc. • Trucker Path Inc. • J.B. Hunt Transport, Inc. • Cargocentric Inc. • Uber Freight • TGMatrix Limited • C.H. Robinson • CEVA Logistics • DAT Solutions, LLC • DB Schenker Logistics • DHL International GmbH • Kintetsu World Express • Kuehne + Nagel International AG • Loadsmart Inc.
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Regional Trends:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea )
Latin America (Brazil, Mexico, Argentina, Chile)
Middle East & Africa (South Africa, Egypt, and Saudi Arabia)
COVID-19 Impact on Global Digital Freight Brokerage Market:
Our team is analyzing the influence of COVID 19 on various industry verticals and providing authenticated data to our clients. This information is useful in determining market conditions. To comprehend the impact and factors of COVID 19 on the worldwide Global Digital Freight Brokerage market, consult our expert monitoring, which explains all the influencing elements and COVID impact on each key player.
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