PUBLISHER: QYResearch | PRODUCT CODE: 1862172
PUBLISHER: QYResearch | PRODUCT CODE: 1862172
The global market for Digital Freight Forwarder was estimated to be worth US$ 2550 million in 2024 and is forecast to a readjusted size of US$ 4987 million by 2031 with a CAGR of 9.5% during the forecast period 2025-2031.
Digital freight forwarder or online cargo agent is an international ocean freight company that accelerates the process of booking and managing your ocean freight shipment with technology.
The history of freight forwarding dates centuries back. As of 1800, the earliest freight forwarders were known to be innkeepers who helped hotel guest hold and re-forward their goods. This system progressed and evolved into business to business contracts over the years.
One of the examples of this evolution is the Thomas Meadows and Company Limited in London England. Established in 1836, the company helped in the transportation of items through contracting with a network of local carriers. It also helps its clients with documentation and offers them information as regards customs.
With advancement in transport systems as experienced in the availability of reliable trains and steamships in the 1970s, trade between countries received a big boost especially between Europe and North America. This trade increase has now transformed into a dominant industry. According to the United States Department of Transportation's Bureau of Transportation Statistics, 65 million tons of freight worth $60 billion was transported in the year 2024, and this has progressed lately with no likelihood of slowing down in the future. Freight forwarding plays a major role in this industry.
Forto, Flexport, Maersk (Twill), Kuehne + Nagel, and Zencargo are the leading providers of Digital Freight Forwarder services, with Flexport having the largest market share with approximately 55%. In terms of service regions, the service is mainly provided in North America, Europe, Asia-Pacific, etc. The European region accounts for the largest share, which has exceeded 45%.
This report aims to provide a comprehensive presentation of the global market for Digital Freight Forwarder, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Digital Freight Forwarder by region & country, by Type, and by Application.
The Digital Freight Forwarder market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Freight Forwarder.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Digital Freight Forwarder company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Digital Freight Forwarder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Digital Freight Forwarder in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.