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Markets: Digital Freight Forwarding business to grow at 24.33% CAGR

Fiinews by Fiinews
April 3, 2022
in Markets
Reading Time: 1 min read
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Decision-makers aim to determine the best way for growth and reduce risks

India’s Digital Freight Forwarding Market is expected to reach US$925.36 million by 2027, growing at a CAGR of 24.33%, from an estimated US$311.48 million in 2022, according to a report by ResearchAndMarkets.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks, said the report “India Digital Freight Forwarding Market (2022-2027)” on 31 Mar 2022.

India’s Digital Freight Forwarding Market is segmented based on Mode of Transport, Deployment Mode, Function and Application.
Mode of Transport, the market is classified into Land, Sea and Air.
Deployment Mode, the market is classified into Cloud, On-Premises.
Function, the market is classified into Warehouse Management and Transport Management.
Application, the market is classified into Retail and E-Commerce, Manufacturing, Healthcare, Automotive and Others.

Companies in the market are:

Cargonet
Dimerco
DiLX (A Gateway Group Company)
Ezyhaul
Freightwalla
Icontainers
Kuehne+Nagel International AG
Shipsy
Turvo Inc.
Twill( Maersk)
Uber Freight LLC
Yusen Logistics Co Ltd
Zencargo. fiinews.com

Tags: ResearchAndMarkets
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
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