Technology News & Trends

  Digital Freight Brokerage Market: Introduction Transparency Market Research delivers key insights on the global  digital freight brokerage market . In terms of revenue, the global digital freight brokerage market was valued at over US$  1.3  Bn in 2019 and is expected to expand at a CAGR of ~ 33 % from 2020 to 2030, to reach US$  26  Bn by the end of the forecast period, owing to numerous factors regarding which, TMR offers thorough insights and forecasts in its report on the global digital freight brokerage market.   The global digital freight brokerage market is broadly affected by several factors, including increasing adoption of smartphones and mobile applications to fuel the efficiency of operations. Thus, expanding applications of digital freight brokerage in different sectors is propelling the global market for digital freight brokerage. Digital Freight Brokerage Market: Dynamics The increasing adoption of smartphones and mobile applicati...

The competition in the global market for digital freight brokerage will likely heat up in the next couple of years on the back of entry of a substantial number of solution providers. As a result, the market is slated to make gigantic progress in the foreseeable future. Some of the prominent players in the global market for digital freight brokerage are Echo Global Logistics Inc., Coyote Logistics, Transfix, LLC, Convoy, Cargomatic Inc., Trucker Path Inc., J.B. Hunt Transport, Inc., Cargocentric Inc., Uber Freight and TGMatrix Limited. 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. Depending upon the industry vertical, the digital freight brokerage market can be classified into food and beverage, healthcare, automotive, retail and e-commerce, manufacturing, and ...

The competition in the global market for digital freight brokerage will likely heat up in the next couple of years on the back of entry of a substantial number of solution providers. As a result, the market is slated to make gigantic progress in the foreseeable future. Some of the prominent players in the global market for digital freight brokerage are Echo Global Logistics Inc., Coyote Logistics, Transfix, LLC, Convoy, Cargomatic Inc., Trucker Path Inc., J.B. Hunt Transport, Inc., Cargocentric Inc., Uber Freight and TGMatrix Limited. 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. Depending upon the industry vertical, the digital freight brokerage market can be classified into food and beverage, healthcare, automotive, retail and e-commerce, manufacturing, an...

The competition in the global market for digital freight brokerage will likely heat up in the next couple of years on the back of entry of a substantial number of solution providers. As a result, the market is slated to make gigantic progress in the foreseeable future.Depending upon the industry vertical, the digital freight brokerage market can be classified into food and beverage, healthcare, automotive, retail and e-commerce, manufacturing, and others such as aerospace and defense. Of them, the segment of retail and ecommerce is projected to grow at a maximum pace primarily on account of the fast growing large economies of Asia Pacific. 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...