Press Resease

Digital Freight Brokerage Market by Type (Roadway, Seaway, Airway, and Railway) and by Vertical (Food and Beverages, Automotive, Retail & E-commerce, Healthcare, Manufacturing, and Others [Defense, Aerospace, etc.]): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2026

Published Date: 24-Jul-2018 Category: Technology & Media Report Format : PDF Pages: 130 Report Code: ZMR-3245 Status : Published

Global digital freight brokerage market expected to generate revenue of around USD 21,355.49 million by end of 2026, growing at a CAGR of more than 43.0% between 2018 and 2026. The digital freight broker is also referred to as urbanization of trucking. The digitalization is the latest craze in the logistics industry.

Description

The report covers forecast and analysis for the digital freight brokerage market on a global and regional level. The study provides historic data for 2016, base year data of 2017 along with a forecast from 2018 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the digital freight brokerage market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the digital freight brokerage market on a global level.

In order to give the users of this report a comprehensive view of the digital freight brokerage market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the type and vertical segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Digital Freight Brokerage Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.

The study provides a decisive view of the digital freight brokerage market by segmenting the market based on type, vertical, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2026. Based on the type, the market is segmented into roadway, seaway, airway, and railway. Based on vertical, the digital freight brokerage market is segmented into food and beverages, automotive, healthcare & e-commerce, manufacturing, and others (defense, aerospace, etc.) The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further categorization into major countries including the U.S., U.K., Germany, France, Italy, Spain, China, Japan, India, Brazil, etc. This segmentation includes demand for digital freight brokerage market based on the individual type and verticals in all the regions and countries.

The report also includes detailed profiles of end players such as 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.

This report segments the global digital freight brokerage market as follows:

Global Digital Freight Brokerage Market: Type Segment Analysis

  • Roadway
  • Seaway
  • Airway
  • Railway 

Global Digital Freight Brokerage Market: vertical Segment Analysis

  • Food and Beverages
  • Automotive
  • Healthcare & e-commerce
  • Manufacturing
  • Others (Defense, Aerospace, etc.)

Global Digital Freight Brokerage Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global Digital freight brokerage market, 2016 - 2026(USD Million)
    • 2.2. Global Digital freight brokerage market: snapshot
  • Chapter 3. Digital freight brokerage Market- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global digital freight brokerage market drivers: impact analysis
      • 3.2.2. Rising uptake of smart phones
      • 3.2.3. Growing internet penetration
      • 3.2.4. Enhanced wireless connectivity
      • 3.2.5. Efficient and cost effective digital platform
    • 3.3. Market Restraints
      • 3.3.1. Global digital freight brokerage market restraints: impact analysis
      • 3.3.2. High cost of implementation
    • 3.4. Opportunities
      • 3.4.1. Increasing number of enterprises utilizing the benefits of freight brokerage
      • 3.4.2. Technological advancements
    • 3.5. Porter's five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by type segment
      • 3.6.2. Market attractiveness analysis, by vertical segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Digital Freight Brokerage Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Digital freight brokerage market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New therapy launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  • Chapter 5. Global Digital Freight Brokerage Market- Type Segment Analysis
    • 5.1. Global digital freight brokerage market: type overview
      • 5.1.1. Global digital freight brokerage market revenue share, by type, 2017 and 2026
    • 5.2. Roadway
      • 5.2.1. Global digital freight brokerage market for roadway, 2016 - 2026 (USD Million)
    • 5.3. Seaway
      • 5.3.1. Global digital freight brokerage market for seaway, 2016 - 2026 (USD Million)
    • 5.4. Airway
      • 5.4.1. Global digital freight brokerage market for airway, 2016 - 2026 (USD Million)
    • 5.5. Railway
      • 5.5.1. Global digital freight brokerage market for railway, 2016 - 2026 (USD Million)
  • Chapter 6. Global Digital Freight Brokerage market- Vertical Segment Analysis
    • 6.1. Global digital freight brokerage market: vertical overview
      • 6.1.1. Global digital freight brokerage market revenue share, by vertical, 2017 and 2026
    • 6.2. Food and Beverages
      • 6.2.1. Global digital freight brokerage market for food and beverages, 2016 - 2026 (USD Million)
    • 6.3. Automotive
      • 6.3.1. Global digital freight brokerage market for automotive, 2016 - 2026 (USD Million)
    • 6.4. Retail & E-commerce
      • 6.4.1. Global digital freight brokerage market for retail & e-commerce, 2016 - 2026 (USD Million)
    • 6.5. Healthcare
      • 6.5.1. Global digital freight brokerage market for healthcare, 2016 - 2026 (USD Million)
    • 6.6. Manufacturing
      • 6.6.1. Global digital freight brokerage market for manufacturing market, 2016 - 2026 (USD Million)
    • 6.7. Others (Defense, Aerospace, etc.)
      • 6.7.1. Global digital freight brokerage market for others (defense, aerospace, etc.) market, 2016 - 2026 (USD Million)
  • Chapter 7. Global Digital Freight Brokerage Market- Regional Segment Analysis
    • 7.1. Global digital freight brokerage market: regional overview
      • 7.1.1. Global digital freight brokerage market revenue share, by region, 2017 and 2026
    • 7.2. North America
      • 7.2.1. North America digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
      • 7.2.2. North America digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.2.3. The U.S.
        • 7.2.3.1. The U.S. digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.2.3.2. The U.S. digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.2.4. Rest of North America
        • 7.2.4.1. Rest of North America digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.2.4.2. Rest of North America digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
      • 7.3.2. Europe digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.3.3. U.K.
        • 7.3.3.1. U.K. Digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.3.3.2. U.K. Digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.3.4. Germany
        • 7.3.4.1. Germany digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.3.4.2. Germany digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.3.5.2. France digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.3.6. Italy
        • 7.3.6.1. Italy digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.3.6.2. Italy digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.3.7. Spain
        • 7.3.7.1. Spain digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.3.7.2. Spain digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.3.8. Rest of Europe
        • 7.3.8.1. Rest of Europe digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.3.8.2. Rest of Europe digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
      • 7.4.2. Asia Pacific digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.4.3.2. China digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.4.4.2. Japan digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India digital freight brokerage market revenue, by type, 2016 - 2026(USD Million)
        • 7.4.5.2. India digital freight brokerage market revenue, by vertical, 2016 - 2026(USD Million)
      • 7.4.6. Southeast Asia
        • 7.4.6.1. Southeast Asia digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.4.6.2. Southeast Asia digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.4.7. Rest of Asia Pacific
        • 7.4.7.1. Rest of Asia Pacific digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.4.7.2. Rest of Asia Pacific digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
      • 7.5.2. Latin America digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.5.3.2. Brazil digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.5.4. Rest of Latin America
        • 7.5.4.1. Rest of Latin America digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.5.4.2. Rest of Latin America digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
      • 7.6.2. The Middle East and Africa digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.6.3. GCC Countries
        • 7.6.3.1. GCC Countries digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.6.3.2. GCC Countries digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.6.4. South Africa
        • 7.6.4.1. South Africa digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.6.4.2. South Africa digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
      • 7.6.5. Rest of the Middle East and Africa
        • 7.6.5.1. Rest of the Middle East and Africa digital freight brokerage market revenue, by type, 2016 - 2026 (USD Million)
        • 7.6.5.2. Rest of the Middle East and Africa digital freight brokerage market revenue, by vertical, 2016 - 2026 (USD Million)
  • Chapter 8. Company Profile
    • 8.1. Echo Global Logistics Inc.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Coyote Logistics
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Transfix, LLC
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Convoy
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Cargomatic Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Trucker Path Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. J.B. Hunt Transport, Inc.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Cargocentric Inc.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Uber Freight
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. TGMatrix Limited
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

Methodology

Free Analysis

The digital freight broker is a web or mobile-based tool aimed to match the demand of carrier supply and shipper demand, in the form of apps. They act as the mediator between transport that takes the product to its destination and the manufacturer. 

Brokers need an easy-to-use, versatile, and fully-featured platform to bridge technology between a distribution/warehouse models and legacy order processing. The digital freight brokerage platform needs to evaluate outbound shipping orders and inbound procurement in order to recommend the best case routing solutions. The real-time shipment tracking and managed supply chain platform are expected to grow at a high pace in the coming years. 

The high demand for digitalization in freight management is also expected to propel the growth of digital freight brokerage market in the coming years. Just, in the U.S., about 33.8 million trucks are registered for business purposes and around 83% of goods are transported by truck at some point or another. The adoption of digital technology for freight management is helping a number of long-time freight brokers to reconsider their position in the industry, and enhancing their capability to keep up with advancing technologies to fulfill the demand of the customer. 

Global Digital Freight Brokerage Market

Based on the type, the digital freight brokerage market is segmented into roadway, seaway, railway, and airway. Based on vertical, the digital freight brokerage market is segmented into food and beverages, automotive, retail & e-commerce, manufacturing, healthcare, and others (defense, aerospace, etc.)

North America accounted for the highest share of the global market for digital freight brokerage in the 2017 and region is projected to continue with its regional supremacy over the forthcoming years as well. The growth of this regional market is attributed with a large number of digital freight brokers in the region, and strong IT infrastructure in the U.S. The Asia Pacific is projected to grow at a high CAGR due to rising adoption of smartphones, growing internet penetration, advantages of the digital platform, and improved wireless connectivity. Moreover, strong manufacturing base and growing industrialization are expected to significantly boost the growth of digital freight brokerage market over the forecast period. The growing economy of the region is also contributing towards the high growth of digital freight brokerage in the Asia Pacific over the coming years. 

Some of the key players in the digital freight brokerage market are Coyote Logistics, Echo Global Logistics Inc., Convoy, Transfix, LLC, Trucker Path Inc., Cargomatic Inc., Cargocentric Inc., J.B. Hunt Transport, Inc., TGMatrix Limited, and Uber Freight. Currently, the demand for digital freight brokerage is increasing to boost the productivity and decrease the loss of service; this is expected to propel the growth of digital freight brokerage market in the coming years. 

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