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Global Digital Transformation of Maritime Freight Market - Industry Trends and Forecast to 2029

ICT | Upcoming Report | Jan 2022 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Digital Transformation of Maritime Freight Market, By Deployment (Cloud-Based, On-Premise), Service (Consulting and Training, Implementation and Integration, Operation and Maintenance, Managed Services), Software Solution (Booking, Vessel Scheduling, Loading/Unloading, Delivery), End User (Ports and Terminals, Warehouses, Maritime Freight Forwarders), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.

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Market Analysis and Insights Global Digital Transformation of Maritime Freight Market

The digital transformation of maritime freight market is expected to witness market growth at a rate of 10.6% in the forecast period of 2022 to 2029. Data Bridge Market Research report on digital transformation of maritime freight market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the digital transformation of booking software is escalating the growth of digital transformation of maritime freight market.

Digital transformation of maritime freight is known to be a form of service which aids in enhancing the effectiveness of maritime freight by accepting artificial intelligence technologies, internet of things, block chain and robotics with shipping model.

Major factors that are expected to boost the growth of the digital transformation of maritime freight market in the forecast period are the rise in the business of companies and the growing significance of customer satisfaction. Furthermore, the rising significance and dependency on IT and Digitization within the shipping industry is further anticipated to propel the growth of the digital transformation of maritime freight market. Moreover, the technologically developed vendors is further estimated to cushion the growth of the digital transformation of maritime freight market. On the other hand, the growing cost of cargo and shipments is further projected to impede the growth of the digital transformation of maritime freight market in the timeline period.

In addition, the growing adoption of artificial intelligence, internet of things and robotics will further provide potential opportunities for the growth of the digital transformation of maritime freight market in the coming years. However, the trade protection policy and the decrease in the demand for digitized solutions might further challenge the growth of the digital transformation of maritime freight market in the near future.

This digital transformation of maritime freight market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the digital transformation of maritime freight market, contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.

Global Digital Transformation of Maritime Freight Market Scope and Market Size

The digital transformation of maritime freight market is segmented on the basis of deployment, service, software solution & end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.    

  • On the basis of deployment, the digital transformation of maritime freight market has been segmented into cloud-based and on-premises.
  • On the basis of service, the digital transformation of maritime freight market has been segmented into consulting and training, implementation and integration, operation and maintenance and managed services.
  • On the basis of software solution, the digital transformation of maritime freight market has been segmented into booking, vessel scheduling, loading/unloading and delivery. Booking is further sub segmented into e-service centers, demand forecasting, dynamic pricing, customer personalization and payment automation. Vessel scheduling is further sub segmented into ECDIS, automated port calls, loading/unloading, e-bill of loading, refer container conditions monitoring, dynamic capacity allocation and empty container repositioning and gate automation. Delivery is further sub segmented into predictive maintenance, vessel machinery monitoring and truck appointment systems.
  • On the basis of end user, the digital transformation of maritime freight market has been segmented into distributors, traders, and dealers.
  • On the basis of application, the digital transformation of maritime freight market has been segmented into ports and terminals, warehouses, maritime freight forwarders.

Digital Transformation of Maritime Freight Market Country Level Analysis

The digital transformation of maritime freight market is segmented on the basis of deployment, service, software solution & end user.    

The countries covered in the digital transformation of maritime freight market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

Asia-Pacific dominates the digital transformation of maritime freight market due to the rapid developments in the technology. Furthermore, the augmented demand for products and increase in the trade around the world will further boost the growth of the digital transformation of maritime freight market in the region during the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Digital Transformation of Maritime Freight Market Share Analysis

The digital transformation of maritime freight market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the digital transformation of maritime freight market.

Some of the major players operating in the digital transformation of maritime freight market are IBM, SAP SE, Oracle, ATOS SE, Hexaware Technologies Limited., ABB, Tech Mahindra Limited, KINTETSU WORLD EXPRESS, Inc, Advantech Co., Ltd., Mindtree Ltd., DigiLogistics Technology Ltd., 3Gtms, LLC, Hapag-Lloyd AG, Accenture, Robert Bosch GmbH, CEVA, Inc., AB Electrolux, Telefonaktiebolaget LM Ericsson, A.P. Moller – Maersk, and SAMSUNG among others.


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