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Global Digital Freight Brokerage Market Size, Share, Report: By Platform: Specialized and Generic Marketplaces, Crowd Shipping Platform, Digital Freight Exchange, Tender Platform; By Deployment: Desktop, Mobile; By Transportation Mode: Roadways, Seaways, Airways, Railways; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

Global Digital Freight Brokerage Market Outlook

The global digital freight brokerage market size reached approximately USD 2.82 billion in 2023. The market is estimated to grow at a CAGR of 29.2% in the forecast period of 2024-2032, reaching a value of around USD 28.71 billion by 2032.

Key Trends in the Market

Digital freight brokerage is an online platform or app which acts as an intermediary between shipping companies and truck drivers. It is not restricted by traditional working hours unlike traditional freight brokerage, and it improves supply chain collaboration.

Increased adoption of cloud-based freight brokerage platforms, which allows real-time access to data from anywhere, is one of the crucial digital freight brokerage market trends. Such platforms also offer facilities such as lower costs, higher operational efficiency, as well as reduced downtime and delays for the transportation of goods.

Digital freight brokerage also provides an integrated carrier capacity network facility, through which the platform automatically matches the load of goods with an ideal fit carrier, enabling fast deliveries.

Freight forwarders or middlemen can utilise the freight brokerage apps to identify the most cost-efficient delivery route to cut the usage of fuels and lower emissions.

The deployment of technologies such as AI and machine learning in digital freight brokerage to gain valuable insights and effectively manage workflow is also providing impetus to the digital freight brokerage market growth.

Market Analysis

Based on platform, the market is divided into specialised and generic marketplaces, crowd shipping platform, digital freight exchange, and tender platform. On the basis of deployment, the market is bifurcated into desktop and mobile.

The digital freight brokerage market segmentation, on the basis of transportation mode, includes roadways, seaways, airways, and railways. By end use, the market is divided into digital/virtual forwarders, logistics companies, and 3PL. The major regional markets of digital freight exchange are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the digital freight brokerage market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

CH Robinson Worldwide Inc.

Deutsche Post AG

Echo Global Logistics, Inc.

Convoy, Inc.

DAT Solutions, LLC

Flexport, Inc.

Transfix, Inc.

Uber Freight Holding Corporation

Loadsmart Inc.

Others

Market Share by Transportation Mode

Roadways account for a significant portion of the digital freight brokerage market share as shipping through roadways is the most common means of goods transportation. These platforms offer an effective medium for connecting truckers with companies to provide a seamless transportation network. They also ensure maximum utilisation of trucks by pairing truck carriers with the appropriate load capacity.

Meanwhile, airways are expected to witness a sizeable growth in the forecast period, owing to increasing international trade and the growth of rapid delivery services.

Market Share by Region

As per the digital freight brokerage market analysis, North America occupies a substantial share of the global market, due to the growth of empty miles in the region. There is a surge in the number of truckers who drive empty containers, which leads to wastage of fuel and time and a sluggish supply chain, fuelling the demand for a digital freight brokerage.

Additionally, small and medium sized enterprises in the region are increasingly relying on digital freight brokerage service as it offers a cost-efficient solution to these companies.

Competitive Landscape

CH Robinson Worldwide Inc. is a transportation company, founded in 1905 and headquartered in Minnesota, the United States. The company offers seamless delivery of goods and services across the world.

Deutsche Post AG, established in 1995, is a domestic provider of mail and parcels, with its headquarters in Bonn, Germany. The company provides press distribution services and corporate communication solutions across Germany.

Echo Global Logistics, Inc., incorporated in 2005, is a transportation and supply chain management services company. It is based in Chicago, the United States, and offers truckload, partial truckload, expedited, intermodal, and LTL solutions.

Other digital freight brokerage market players include Convoy, Inc., DAT Solutions, LLC, Flexport, Inc., Transfix, Inc., Uber Freight Holding Corporation, and Loadsmart Inc., among others.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Platform Deployment Transportation Mode End Use Region
Breakup by Platform	Specialized and Generic Marketplaces Crowd Shipping Platform Digital Freight Exchange Tender Platform
Breakup by Deployment	Desktop Mobile
Breakup by Transportation Mode	Roadways Seaways Airways Railways
Breakup by End Use	Digital/Virtual Forwarders Logistics Companies 3PL
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	CH Robinson Worldwide Inc. Deutsche Post AG Echo Global Logistics, Inc. Convoy, Inc. DAT Solutions, LLC Flexport, Inc. Transfix, Inc. Uber Freight Holding Corporation Loadsmart Inc. Others

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Digital Freight Brokerage Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Digital Freight Brokerage Historical Market (2018-2023)
   8.3   Global Digital Freight Brokerage Market Forecast (2024-2032)
   8.4   Global Digital Freight Brokerage Market by Platform
       8.4.1   Specialized and Generic Marketplaces
           8.4.1.1   Historical Trend (2018-2023)
           8.4.1.2   Forecast Trend (2024-2032)
       8.4.2   Crowd Shipping Platform
           8.4.2.1   Historical Trend (2018-2023)
           8.4.2.2   Forecast Trend (2024-2032)
       8.4.3   Digital Freight Exchange
           8.4.3.1   Historical Trend (2018-2023)
           8.4.3.2   Forecast Trend (2024-2032)
       8.4.4   Tender Platform
           8.4.4.1   Historical Trend (2018-2023)
           8.4.4.2   Forecast Trend (2024-2032)
   8.5   Global Digital Freight Brokerage Market by Deployment
       8.5.1   Desktop
           8.5.1.1   Historical Trend (2018-2023)
           8.5.1.2   Forecast Trend (2024-2032)
       8.5.2   Mobile
           8.5.2.1   Historical Trend (2018-2023)
           8.5.2.2   Forecast Trend (2024-2032)
   8.6   Global Digital Freight Brokerage Market by Transportation Mode
       8.6.1   Roadways
           8.6.1.1   Historical Trend (2018-2023)
           8.6.1.2   Forecast Trend (2024-2032)
       8.6.2   Seaways
           8.6.2.1   Historical Trend (2018-2023)
           8.6.2.2   Forecast Trend (2024-2032)
       8.6.3   Airways
           8.6.3.1   Historical Trend (2018-2023)
           8.6.3.2   Forecast Trend (2024-2032)
       8.6.4   Railways
           8.6.4.1   Historical Trend (2018-2023)
           8.6.4.2   Forecast Trend (2024-2032)
   8.7   Global Digital Freight Brokerage Market by End Use
       8.7.1   Digital/Virtual Forwarders
           8.7.1.1   Historical Trend (2018-2023)
           8.7.1.2   Forecast Trend (2024-2032)
       8.7.2   Logistics Companies
           8.7.2.1   Historical Trend (2018-2023)
           8.7.2.2   Forecast Trend (2024-2032)
       8.7.3   3PL
           8.7.3.1   Historical Trend (2018-2023)
           8.7.3.2   Forecast Trend (2024-2032)
   8.8   Global Digital Freight Brokerage Market by Region
       8.8.1   North America
           8.8.1.1   Historical Trend (2018-2023)
           8.8.1.2   Forecast Trend (2024-2032)
       8.8.2   Europe
           8.8.2.1   Historical Trend (2018-2023)
           8.8.2.2   Forecast Trend (2024-2032)
       8.8.3   Asia Pacific
           8.8.3.1   Historical Trend (2018-2023)
           8.8.3.2   Forecast Trend (2024-2032)
       8.8.4   Latin America
           8.8.4.1   Historical Trend (2018-2023)
           8.8.4.2   Forecast Trend (2024-2032)
       8.8.5   Middle East and Africa
           8.8.5.1   Historical Trend (2018-2023)
           8.8.5.2   Forecast Trend (2024-2032)
9   North America Digital Freight Brokerage Market Analysis
   9.1   United States of America
       9.1.1   Historical Trend (2018-2023)
       9.1.2   Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1   Historical Trend (2018-2023)
       9.2.2   Forecast Trend (2024-2032)
10   Europe Digital Freight Brokerage Market Analysis
   10.1   United Kingdom
       10.1.1   Historical Trend (2018-2023)
       10.1.2   Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1   Historical Trend (2018-2023)
       10.2.2   Forecast Trend (2024-2032)
   10.3   France
       10.3.1   Historical Trend (2018-2023)
       10.3.2   Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1   Historical Trend (2018-2023)
       10.4.2   Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Digital Freight Brokerage Market Analysis
   11.1   China
       11.1.1   Historical Trend (2018-2023)
       11.1.2   Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1   Historical Trend (2018-2023)
       11.2.2   Forecast Trend (2024-2032)
   11.3   India
       11.3.1   Historical Trend (2018-2023)
       11.3.2   Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1   Historical Trend (2018-2023)
       11.4.2   Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1   Historical Trend (2018-2023)
       11.5.2   Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Digital Freight Brokerage Market Analysis
   12.1   Brazil
       12.1.1   Historical Trend (2018-2023)
       12.1.2   Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1   Historical Trend (2018-2023)
       12.2.2   Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1   Historical Trend (2018-2023)
       12.3.2   Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Digital Freight Brokerage Market Analysis
   13.1   Saudi Arabia
       13.1.1   Historical Trend (2018-2023)
       13.1.2   Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1   Historical Trend (2018-2023)
       13.2.2   Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1   Historical Trend (2018-2023)
       13.3.2   Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1   Historical Trend (2018-2023)
       13.4.2   Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Competitive Landscape
   15.1   Market Structure
   15.2   Company Profiles
       15.2.1   CH Robinson Worldwide Inc.
           15.2.1.1   Company Overview
           15.2.1.2   Product Portfolio
           15.2.1.3   Demographic Reach and Achievements
           15.2.1.4   Certifications
       15.2.2   Deutsche Post AG
           15.2.2.1   Company Overview
           15.2.2.2   Product Portfolio
           15.2.2.3   Demographic Reach and Achievements
           15.2.2.4   Certifications
       15.2.3   Echo Global Logistics, Inc.
           15.2.3.1   Company Overview
           15.2.3.2   Product Portfolio
           15.2.3.3   Demographic Reach and Achievements
           15.2.3.4   Certifications
       15.2.4   Convoy, Inc.
           15.2.4.1   Company Overview
           15.2.4.2   Product Portfolio
           15.2.4.3   Demographic Reach and Achievements
           15.2.4.4   Certifications
       15.2.5   DAT Solutions, LLC
           15.2.5.1   Company Overview
           15.2.5.2   Product Portfolio
           15.2.5.3   Demographic Reach and Achievements
           15.2.5.4   Certifications
       15.2.6   Flexport, Inc.
           15.2.6.1   Company Overview
           15.2.6.2   Product Portfolio
           15.2.6.3   Demographic Reach and Achievements
           15.2.6.4   Certifications
       15.2.7   Transfix, Inc.
           15.2.7.1   Company Overview
           15.2.7.2   Product Portfolio
           15.2.7.3   Demographic Reach and Achievements
           15.2.7.4   Certifications
       15.2.8   Uber Freight Holding Corporation
           15.2.8.1   Company Overview
           15.2.8.2   Product Portfolio
           15.2.8.3   Demographic Reach and Achievements
           15.2.8.4   Certifications
       15.2.9   Loadsmart Inc.
           15.2.9.1   Company Overview
           15.2.9.2   Product Portfolio
           15.2.9.3   Demographic Reach and Achievements
           15.2.9.4   Certifications
       15.2.10   Others
16   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Digital Freight Brokerage Market: Key Industry Highlights, 2018 and 2032
2.   Global Digital Freight Brokerage Historical Market: Breakup by Platform (USD Billion), 2018-2023
3.   Global Digital Freight Brokerage Market Forecast: Breakup by Platform (USD Billion), 2024-2032
4.   Global Digital Freight Brokerage Historical Market: Breakup by Deployment (USD Billion), 2018-2023
5.   Global Digital Freight Brokerage Market Forecast: Breakup by Deployment (USD Billion), 2024-2032
6.   Global Digital Freight Brokerage Historical Market: Breakup by Transportation Mode (USD Billion), 2018-2023
7.   Global Digital Freight Brokerage Market Forecast: Breakup by Transportation Mode (USD Billion), 2024-2032
8.   Global Digital Freight Brokerage Historical Market: Breakup by End Use (USD Billion), 2018-2023
9.   Global Digital Freight Brokerage Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10.   Global Digital Freight Brokerage Historical Market: Breakup by Region (USD Billion), 2018-2023
11.   Global Digital Freight Brokerage Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.   North America Digital Freight Brokerage Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   North America Digital Freight Brokerage Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Europe Digital Freight Brokerage Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Europe Digital Freight Brokerage Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Asia Pacific Digital Freight Brokerage Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Asia Pacific Digital Freight Brokerage Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Latin America Digital Freight Brokerage Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Latin America Digital Freight Brokerage Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Middle East and Africa Digital Freight Brokerage Historical Market: Breakup by Country (USD Billion), 2018-2023
21.   Middle East and Africa Digital Freight Brokerage Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.   Global Digital Freight Brokerage Market Structure

Key Questions Answered in the Report

What was the digital freight brokerage market value in 2023?

In 2023, the market reached an approximate value of USD 2.82 billion.

What is the growth rate of the digital freight brokerage market?

The market is projected to grow at a CAGR of 29.2% between 2024 and 2032.

What is the forecast outlook of the digital freight brokerage market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 28.71 billion by 2032.

What are the major market drivers?

The major market drivers are increased digitalisation in the transportation and logistics sector, the surge in the proliferation of smartphones, and the growing demand for shipment services.

What are the key trends of the market?

The key trends of the market include increased adoption of cloud-based freight brokerage platforms, integrated carrier capacity network facilities in digital freight brokerage, and a surge in technological advancements such as AI and machine learning in freight brokerage platforms.

What are the major regional markets for digital freight brokerage, according to the report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the different transportation modes covered in the market report?

Different transportation modes are roadways, seaways, airways, and railways.

Who are the key market players, according to the digital freight brokerage market report?

The key players in the market are CH Robinson Worldwide Inc., Deutsche Post AG, Echo Global Logistics, Inc., Convoy, Inc., DAT Solutions, LLC, Flexport, Inc., Transfix, Inc., Uber Freight Holding Corporation, and Loadsmart Inc., among others.

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