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According to a new report, published by KBV research, The Global Digital Freight Brokerage Market size is expected to reach $33.76 billion by 2032, rising at a market growth of 25.5% CAGR during the forecast period.
The rising popularity of on-demand freight services transforms the logistics industry by offering flexible, quick, and efficient solutions for small and large businesses. These services leverage digital platforms equipped with advanced algorithms to provide instant load matching, enabling companies to secure carriers without the delays associated with traditional methods.
The Business-to-Business (B2B) segment captured the maximum revenue in the Global Digital Freight Brokerage Market by Customer Type in 2024, thereby, achieving a market value of $18.43 billion by 2032. The transportation of bulk commodities, raw materials, and finished products over long distances is a common requirement for B2B customers. This process frequently involves complex supply chains and multimodal transport.
The Road Freight segment is experiencing a CAGR of 24.9 % during the forecast period. Road freight is crucial for short to medium-distance transportation, especially within urban and industrial areas, making it indispensable for e-commerce and retail logistics. The demand for road freight has been substantially elevated by the rapid delivery expectations and the surge in online purchasing.
The Full-truckload (FTL) Brokerage segment led the maximum revenue in the Global Digital Freight Brokerage Market by Service Type in 2024 thereby, achieving a market value of $17.70 billion by 2032. The direct transport of bulk products from the point of origin to the destination without intermediate handling is the preferred method of freight transportation. This method reduces transit time and minimizes the risk of damage.
The Retail & E-commerce segment is growing at a CAGR of 24.1 % during the forecast period. The increasing prevalence of direct-to-consumer (D2C) models and omnichannel retail strategies has intensified the need for efficient last-mile delivery solutions. As e-commerce businesses aim to meet customer expectations for same-day or next-day delivery, digital freight brokerage platforms offer automated load matching, real-time tracking, and route optimization to streamline logistics.
Full Report: https://www.kbvresearch.com/digital-freight-brokerage-market/
The North America region dominated the Global Digital Freight Brokerage Market by Region in 2024, thereby, achieving a market value of $13.60 billion by 2032. The Europe region is anticipated to grow CAGR of 25% during (2025 - 2032). Additionally, The Asia Pacific region would witness a CAGR of 26.2% during (2025 - 2032).
By Customer Type
By Transportation Mode
By Service Type
By End-User Industry
By Geography
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