PUBLISHER: Polaris Market Research | PRODUCT CODE: 1745890
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1745890
The global digital freight brokerage market size is expected to reach USD 46.15 billion by 2034, according to a new study by Polaris Market Research. The report "Global Digital Freight Brokerage Market Size, Share, Trends, Industry Analysis Report: By Transportation Mode (Road Freight, Rail Freight, Air Freight, and Ocean Freight), Service Type, Customer Type, Industry Vertical, and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025 - 2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Digital freight brokerages act as intermediaries between shippers and carriers, leveraging technology to streamline the process of matching freight loads with available capacity. These platforms utilize advanced algorithms, artificial intelligence (AI), machine learning (ML), and real-time data analytics to optimize route planning, reduce empty miles, and enhance overall supply chain efficiency. Additionally, the integration of emerging technologies such as blockchain for secure transactions and the Internet of Things (IoT) for asset tracking is further propelling the digital freight brokerage market growth.
The proliferation of online shopping platforms has led to a surge in parcel volumes, creating high pressure on logistics networks to meet consumer expectations for fast, reliable, and cost-effective delivery services. Digital freight brokerages play a crucial role in addressing this challenge by connecting shippers with carriers capable of handling small parcel deliveries while optimizing routes to minimize transit times and costs.
Polaris Market Research has segmented the digital freight brokerage market report based on transportation mode, service type, customer type, industry vertical, and region:
By Transportation Mode Outlook (Revenue, USD Billion, 2020-2034)
By Service Type Outlook (Revenue, USD Billion, 2020-2034)
By Customer Type Outlook (Revenue, USD Billion, 2020-2034)
By Industry Vertical Outlook (Revenue, USD Billion, 2020-2034)
By Regional Outlook (Revenue, USD Billion, 2020-2034)