Press release
Digital Freight Forwarding Revolution: Market Trends, Innovations, and Growth Forecast 2024-2031
Digital Freight Forwarding Market - DataM Intelligence
Digital Freight Forwarding Market is expected to grow at a CAGR of 25.04% during the forecast period 2024-2031.
The digital freight forwarding industry is currently experiencing a significant surge, fueled by widespread adoption of cloud-based systems, enhancing collaboration and visibility throughout the supply chain. Another crucial trend is the integration of IoT (Internet of Things) technology, enabling real-time tracking and monitoring of shipments, leading to enhanced performance and risk reduction.
In February 2024, AllMasters, a digital freight consolidation platform, introduced its latest solution tailored to address challenges faced by freight forwarders in the sector. This platform offers freight forwarders the ability to book shipments at significantly reduced prices compared to current market rates, along with multiple tracking options, thanks to its patented "Dynamic Distribution Model," aiming to revolutionize the logistics industry.
North America stands out as the dominant force in the digital freight forwarding market, commanding the largest market share. The region's advanced technological infrastructure contributes to its leading position in the global digital freight forwarding market.
In October 2021, Zim Integrated Shipping Services Ltd. (ZIM) launched Ship4wd, a digital freight forwarding platform. This independent digital multi-function goods forwarder aims to provide a direct shipping solution for small and medium-sized businesses (SMBs) in the US and Canada engaged in import and export activities with China, Vietnam, and Israel.
Request Free Sample: https://www.datamintelligence.com/download-sample/digital-freight-forwarding-market
Digital Freight Forwarding Market Trends
The global expansion of the e-commerce industry is rapidly accelerating. According to the Indian Brand Equity Foundation (IBEF), the e-commerce sector in India is projected to reach a value of US$ 111 billion by 2024 and US$ 200 billion by 2026. This surge in e-commerce activity necessitates more efficient freight forwarding services to efficiently transport goods from manufacturers to customers across the globe.
As e-commerce companies expand their reach to new markets and customers worldwide, they rely heavily on dependable freight forwarding partners. Virtual platforms offer access to a wide network of carriers and logistics providers globally, facilitating seamless cross-border trade.
E-commerce enterprises are increasingly seeking cost-effective logistics solutions, and digital freight forwarding systems play a crucial role in meeting this demand. These systems automate processes, optimize shipping routes, and streamline administrative tasks, resulting in significant cost savings and improved operational efficiency.
View Full Report: https://www.datamintelligence.com/research-report/digital-freight-forwarding-market
Market Segmentation
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
Market Key Players
Major players are Flexport, Inc., Forto Logistics SE & Co. KG, Agility, Saloodo! GmbH, iContainers, Freightwalla, Boxnbiz, Zencargo, Kappal and DiLX.
Trending Reports
Freight Transportation Management Market - https://www.datamintelligence.com/research-report/freight-transportation-management-market
Intermodal Freight Transportation Market - https://www.datamintelligence.com/research-report/intermodal-freight-transportation-market
Mobility Aids and Transportation Equipment Market - https://www.datamintelligence.com/research-report/mobility-aids-and-transporation-equipments-market
Contact Us:
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About DataM Intelligence:
DataM Intelligence 4Market Research 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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Freight Forwarding Revolution: Market Trends, Innovations, and Growth Forecast 2024-2031 here
News-ID: 3417708 • Views: …
More Releases from DataM Intelligence 4Market Research
Electric Vehicle Battery Swapping Market 2024 Size, Global Report till 2031 | Da …
A new Report by DataM Intelligence, titled "Electric Vehicle Battery Swapping Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031,"" offers a comprehensive analysis of the industry, which comprises insights on the Electric Vehicle Battery Swapping market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures, tables, and charts, as well as insightful analysis. The…
Tire Changing Machine Market Size Analysis and Regional Analysis Forecast to (20 …
"Tire Changing Machine Market 2024,"
The objectives outlined in the report are multifaceted and aimed at offering a comprehensive understanding of the Tire Changing Machine market dynamics. These objectives encompass a meticulous analysis and forecast of the market's dimensions, encompassing both its value and volume aspects. Additionally, the report seeks to discern and delineate the market shares held by major segments within the Tire Changing Machine industry, providing stakeholders with a…
Cyber (Liability) Insurance Market Insights and Growth Opportunities in 2024: An …
A new Report by DataM Intelligence, titled "Cyber (Liability) Insurance Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031,"" offers a comprehensive analysis of the industry, which comprises insights on the Cyber (Liability) Insurance market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures, tables, and charts, as well as insightful analysis. The Cyber (Liability)…
Clip Applicator Market: Market Dynamics and Strategies for Success 2024-2031 | S …
"Clip Applicator Market 2024,"
The objectives outlined in the report are multifaceted and aimed at offering a comprehensive understanding of the Clip Applicator market dynamics. These objectives encompass a meticulous analysis and forecast of the market's dimensions, encompassing both its value and volume aspects. Additionally, the report seeks to discern and delineate the market shares held by major segments within the Clip Applicator industry, providing stakeholders with a nuanced perspective on…
More Releases for Freight
Freight Brokerage Services Market Forecast to 2028 COVID-19 Impact and Global An …
The rapidly increasing global trade and the need to control the time-in-transit is exponential boosting the automotive freight brokerage services market. The mounting adoption of blockchain in freight management, as well as rapidly growing communication technologies and IoT, is further supporting the growth of the market.
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis @ https://www.theinsightpartners.com/sample/TIPRE00014980/?utm_source=OpenPR&utm_medium=10387
Global…
Freight Transport Management Market Forecast to 2028 - COVID-19 Impact and Globa …
Freight transport management includes a logistics platform which utilizes technology to support businesses plans, execute the physical movement of goods and commodities, and ensure the compliance of the shipment with required documentation. This freight transport management system is able to manage transport via road, rail, air and water to various parts of the world. Considering rapid growth in various developing countries, the freight transport management market is predicted to rise…
Emerging Trends Freight Forwarding Emergency Logistics Market by Top Key Players …
Emergency logistics (or Humanitarian Logistics) is a term used by the logistics, supply chain, and manufacturing industries to denote specific time-critical modes of transport used to move goods or objects rapidly in the event of an emergency.
The reason for enlisting emergency logistics services could be a production delay or anticipated production delay, or an urgent need for specialized equipment to prevent events such as aircraft being grounded (also known…
Ocean freight and Air freight Market Report 2018: Segmentation by Type (Ocean fr …
Global Ocean freight and Air freight market research report provides company profile for Damco, KWE, Hitachi Transport, China Airlines Cargo, FedEx Express, UPS Airlines, Cathay Pacific Cargo, Korean Air Caro, Kuehne + Nagel, DHL Group, DB Schenker Logistics, GEODIS, Nippon Express and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in…
Market synopsis of Global Freight Transport Management Industry by Major Applica …
Market Aspects of Freight Transport Management Industry: The Global Freight Transport Management Market report provides information about the Global industry, including valuable facts and figures. This research study explores the Global Market in detail such as industry chain structures, raw material suppliers, with manufacturing and production process and so on. This Freight Transport Management Market report is integrated with primary as well as secondary research of the Global industry. The…
Ocean freight and Air freight Market Size, Status and Forecast 2022
Ocean freight and Air freight Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography. The report provides information about the production, price, revenue, market share, and growth rate of each type. Geographically, the market has been analyzed across North America, Europe, China, Japan, Southeast Asia, and India. The status and prospect through…
