Report Code: A11370 | Pages: NA | ||
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Freight digitalization enable tracking real-time data for cargo movement while they are in transit and to be evaluated in real time. With the fast-growing e-commerce industry, the demand for faster delivery and the ability to manage larger number of shipments with minimal errors has made way for digitized supply chain. Digitization helps in making movement of cargos easily with digital process. This will make it conceivable to find the correct position of the cargo and recognize rising specialized defects at the earliest. Moreover, helps in enhancing the unwavering quality and security. On the other hand, block chain can play a pivotal role in achieving transparency at every stage of freight movement.
Freight Digitization Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2021–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Software, service, deployment, and end user |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
Companies covered | Syntel Inc., Hexaware Technologies., ABB Ltd., Tech Mahindra Limited., Kintetsu World Express, Inc., Advantech Co. Ltd., Mindtree Ltd. And DigiLogistics Technology Ltd. |
COVID-19 SCENARIO ANALYSIS
The significant factors impacting the growth of the freight digitization market are technological advancements in maritime freight landscape and digitalization of sea freight. However, trade wars and global trade relations hamper the growth of the automotive freight digitization market. On the other hand, increase in production and exports and technological advancements will fuel the demand in the freight digitization market.
Recent developments in the technologically advancing maritime freight landscape reflects a rise in the digital transformation of booking software. Thus, resulting in the growth of the freight digitalization market during the forecast period.
Digitization of sea freight booking through automation and cloud-based technologies is showing unprecedented growth in the digital transformation of maritime freight market. Moreover, helps in enhancing the unwavering quality and security. Thus, resulting in the growth of the market during the forecast period.
Key segments covered:
Segments | Sub-segments |
By software |
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By service |
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By End user |
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Deployment |
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Key benefits of the report:
Questions answered in the freight digitization market research report:
Freight Digitization Market Report Highlights
Aspects | Details |
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By Software |
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By Service |
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By End user |
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By Deployment |
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By Region |
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Key Market Players | Kintetsu World Express, Inc., Syntel Inc., DigiLogistics Technology Ltd., Hexaware Technologies., Tech Mahindra Limited., ABB Ltd., Advantech Co. Ltd., Mindtree Ltd. |
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