PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1428536
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1428536
India Digital Freight Forwarding Market, By Mode of Transport ; By Deployment Mode ; By Function ; By Application ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Digital Freight Forwarding Market Size Zooming More Than 3.6X to Surpass USD 561 Million by 2030
India Digital Freight Forwarding Market is propelled by a high demand from thriving e-commerce sector, adoption of technological advancements, a focus on gaining real-time visibility and improving cost efficiency, and the need for streamlined logistics.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Digital Freight Forwarding Market size at USD 153.58 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Digital Freight Forwarding Market size to boom at a CAGR of 24.10% reaching a value of USD 561.05 million by 2030. The India Digital Freight Forwarding Market is propelled by increasing e-commerce activities, rising international trade, and the government's focus on digital initiatives. A growing demand for real-time shipment visibility, cost efficiency, and streamlined logistics operations fosters the adoption of digital freight solutions. Growing integration of technologies like IoT, blockchain, and AI enhances supply chain visibility and efficiency, is also expected to drive the India Digital Freight Forwarding Market.
Opportunity - Government's supportive initiatives
The Indian Government's initiatives, such as the "Digital India" campaign and streamlined regulatory frameworks, are catalyzing the transformation of the Indian Digital Freight Forwarding Market. These strategic measures drive the adoption of advanced technologies, enhance operational efficiency, and foster seamless digital connectivity within the logistics sector. Therefore, businesses are leveraging cutting-edge solutions, accelerating growth, and positioning India as a key player in the global digital freight ecosystem.
Impact of Escalating Geopolitical Tensions on India Digital Freight Forwarding Market
Geopolitical tensions, notably the Russia-Ukraine war significantly impacted the India Digital Freight Forwarding Market. Escalating conflicts disrupt global supply chains, leading to increased freight costs and operational uncertainties. The India-Russia defense ties and economic repercussions have influenced trade dynamics, affecting the digital freight sector. Heightened geopolitical risks amplify market volatility, prompting businesses to reassess logistics strategies and invest in resilient digital solutions. The India Digital Freight Forwarding Market experiences fluctuations in demand, pricing, and service reliability, reflecting the broader geopolitical landscape's profound influence on the logistics and transportation industry. Companies in this market must navigate these challenges adeptly to maintain competitiveness and ensure sustained growth amid geopolitical uncertainties.
India Digital Freight Forwarding Market - By Deployment Mode
Based on deployment mode, India Digital Freight Forwarding Market is divided into Cloud and On-Premises segments. The cloud segment is a larger deployment mode in the India Digital Freight Forwarding Market. The rapid adoption of cloud-based solutions within the logistics and freight forwarding industry has driven substantial growth in the segment. The cloud-based platforms offer scalability, real-time data accessibility, and cost-effective solutions, appealing to businesses seeking efficient and technologically advanced freight management. The trend signifies a shift toward digital transformation, where the cloud segment dominates the market, reflecting the industry's inclination toward innovative and streamlined logistics processes.
Competitive Landscape
India Digital Freight Forwarding Market is fiercely competitive. Major companies in the market include Boxnbiz, DiLX, Dimerco, Ezyhaul, RAAHO, COGOPORT, Icontainers, Uber Freight LLC, Agility Logistics, and DHL. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India Digital Freight Forwarding Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Digital Freight Forwarding Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Digital Freight Forwarding Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Digital Freight Forwarding Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. E-commerce growth
- 3.2.1.2. Technological advancements
- 3.2.1.3. Global supply chain integration
- 3.2.2. Restraints
- 3.2.2.1. Infrastructure challenges
- 3.2.2.2. Security concerns
- 3.2.3. Opportunities
- 3.2.3.1. Government initiatives
- 3.2.3.2. Collaborations and partnerships
- 3.2.4. Challenges
- 3.2.4.1. Resistance to change
- 3.2.4.2. Skill gap
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 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 of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Digital Freight Forwarding Market Overview
- 4.1. Market Size & Forecast, 2019-2030
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Mode of Transport
- 4.2.1.1. Sea
- 4.2.1.2. Air
- 4.2.1.3. Land
- 4.2.2. By Deployment Mode
- 4.2.2.1. Cloud
- 4.2.2.2. On-Premises
- 4.2.3. By Function
- 4.2.3.1. Warehouse Management
- 4.2.3.2. Transport Management
- 4.2.4. By Application
- 4.2.4.1. Retail & E-Commerce
- 4.2.4.2. Manufacturing
- 4.2.4.3. Healthcare
- 4.2.4.4. Automotive
- 4.2.4.5. Others
- 4.2.5. By Region
- 4.2.5.1. North India
- 4.2.5.2. South India
- 4.2.5.3. East India
- 4.2.5.4. West India
- 4.2.1. By Mode of Transport
5. Competitive Landscape
- 5.1. List of Key Players and Their Range
- 5.2. India Digital Freight Forwarding Company Market Share Analysis, 2023
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
6. Impact of Escalating Geopolitical Tensions on India Digital Freight Forwarding Market Industry
7. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
- 7.1. Boxnbiz
- 7.2. DiLX
- 7.3. Dimerco
- 7.4. Ezyhaul
- 7.5. RAAHO
- 7.6. COGOPORT
- 7.7. Icontainers
- 7.8. Uber Freight LLC
- 7.9. Agility Logistics
- 7.10. DHL
- 7.11. Other prominent players
8. Key Strategic Recommendations
9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents
- 9.5. Assumption & Limitation
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India Digital Freight Forwarding Market Segmentation
- Figure 2 India Digital Freight Forwarding Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Digital Freight Forwarding Market Size, By Value (USD Million), 2019-2030
- Figure 5 India Digital Freight Forwarding Market Share, By Mode of Transport, By Value, 2019-2030
- Figure 6 India Digital Freight Forwarding Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 7 India Digital Freight Forwarding Market Share, By Function, By Value, 2019-2030
- Figure 8 India Digital Freight Forwarding Market Share, By Application, By Value, 2019-2030
- Figure 9 India Digital Freight Forwarding Market Share, By Region, By Value, 2019-2030
List of Tables
- Table 1 India Digital Freight Forwarding Market Share, By Mode of Transport, By Value, 2019-2030
- Table 2 India Digital Freight Forwarding Market Share, By Deployment Mode, By Value, 2019-2030
- Table 3 India Digital Freight Forwarding Market Share, By Function, By Value, 2019-2030
- Table 4 India Digital Freight Forwarding Market Share, By Application, By Value, 2019-2030
- Table 5 India Digital Freight Forwarding Market Share, By Region, By Value, 2019-2030
- Table 6 Boxnbiz Company Overview
- Table 7 Boxnbiz Financial Overview
- Table 8 DiLX Company Overview
- Table 9 DiLX Financial Overview
- Table 10 Dimerco Company Overview
- Table 11 Dimerco Financial Overview
- Table 12 Ezyhaul Company Overview
- Table 13 Ezyhaul Financial Overview
- Table 14 RAAHO Company Overview
- Table 15 RAAHO Financial Overview
- Table 16 COGOPORT Company Overview
- Table 17 COGOPORT Financial Overview
- Table 18 Icontainers Company Overview
- Table 19 Icontainers Financial Overview
- Table 20 Uber Freight LLC Company Overview
- Table 21 Uber Freight LLC Financial Overview
- Table 22 Agility Logistics Company Overview
- Table 23 Agility Logistics Financial Overview
- Table 24 DHL Company Overview
- Table 25 DHL Financial Overview
