The global digital freight brokerage market size is anticipated to reach USD 24.36 billion by 2030 and is expected to expand at a CAGR of 27.3% during the forecast period, according to a new report by Grand View Research, Inc. The increasing demand for efficient, transparent, cost-effective logistics solutions drives market growth.
As businesses across industries seek to streamline their supply chains and reduce operational overhead, digital platforms have emerged as indispensable tools for freight management. These platforms offer enhanced visibility, faster booking processes, and real-time tracking capabilities, significantly improving the overall logistics experience for shippers and carriers. The shift from traditional brokerage models to digital solutions is further accelerated by the need to overcome inefficiencies such as manual documentation, unpredictable pricing, and limited shipment visibility.
Technological advancements play a pivotal role in propelling market growth. Integrating artificial intelligence, machine learning, and data analytics into freight brokerage platforms enables smarter decision-making and predictive capabilities. These innovations allow for optimized route planning, automated dispatching, and dynamic pricing models, which contribute to improved service quality and reduced delivery times. Moreover, the proliferation of mobile applications and cloud-based solutions has made freight management more accessible and user-friendly, encouraging widespread adoption among small and medium-sized enterprises.
The e-commerce and cross-border trade surge has also intensified the need for agile and scalable logistics solutions. Digital freight brokerage platforms are uniquely positioned to address the complexities of international shipping, including customs documentation and intermodal transport coordination. As global commerce continues to grow, the ability to manage shipments seamlessly across regions and transport modes becomes increasingly critical.
Further key findings from the report suggest:
- Based on transportation mode, the road freight segment led the market with the largest revenue share of 74.7% in 2024.
- Based on service type, the full-truckload (FTL) brokerage segment accounted for the market with the largest revenue share in 2024.
- Based on customer type, the business-to-business (B2B) segment accounted for the largest market share in 2024.
- Based on end user industry, the retail & e-commerce segment accounted for the largest market share in 2024.
- North America dominated the digital freight brokerage market with the largest market revenue share of 42.4% in 2024.
- The digital freight brokerage market in Europe was identified as a lucrative region in 2024.
- In November 2024, Uber Freight (a subsidiary of Uber Technologies, Inc.) launched a program called broker access that allow brokers to efficiently book and implement loads on Uber Freight’s carrier platform while remaining the sole broker on the load.
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