Global Digital Transformation of Maritime Freight Market Future Growth, Competitive Analysis and Forecast 2029


Posted November 28, 2022 by AkankshaMMR

IT and digital transformation has optimized operations of the maritime cargo industry and increased the business of companies. It allows the market to grow with an organized vision by the incorporation of business potential with networking.

 
Digital Transformation of Maritime Freight Overview :

The competitive landscape of the Digital Transformation of Maritime Freight includes information about competitors. The contents include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses' focus on the Digital Transformation of Maritime Freight.

Digital Transformation of Maritime Freight was valued at US$ 21.7 Bn in 2021 and is expected to reach US$ 38.4 Bn by 2027, at a CAGR of 9.98% during forecast period of 2022 to 2027.

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Market Scope:

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.

Segmentation:

The global maritime freight market's digital transformation is broken down into cloud-based and on-premise segments based on deployment. During the projected period, the cloud-based category is anticipated to account for 60% of market share. Due to the cost-saving advantages for players in the marine supply chain space, the demand for cloud management tools and cloud-based solutions is growing, which will soon lead to a growth in the maritime freight market's digital transformation.

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Key Players: Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources.

The following are the key players of the Digital Transformation of Maritime Freight-

• Syntel Inc.
• Hexaware Technologies
• ABB Ltd.
• Tech Mahindra Limited
• Kintetsu World Express, Inc
• Advantech Co., Ltd.
• Mindtree Ltd.
• DigiLogistics Technology Ltd.
• Partner Tech Corp
• 3GTMS, Inc.
• 4flow AG
• Logistic Solutions, Inc.
• SAP SE
• Advantech
• IBM Corporation
• LOGITECH Corporation
• Flow AG
Regional Analysis:

Individual market influencing elements and changes in market rules that impact present and future market trends are also included in the geographical factor of the research. Only a few of the indicators utilized to anticipate market scenarios for distinct nations include downstream and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies.

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COVID-19 Impact Analysis on Digital Transformation of Maritime Freight: The study also looks at the influence of COVID-19 on the Digital Transformation of Maritime Freight. The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, notable trends, and challenges that the industry is experiencing across major regions. The report presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the Digital Transformation of Maritime Freight. The particular research focuses on market share and size, demonstrating clearly the impact that the epidemic has had and will have on the global Digital Transformation of Maritime Freight in the next years.

Key Questions Answered in the Digital Transformation of Maritime Freight Report are:

What will be the CAGR of the Digital Transformation of Maritime Freight during the forecast period (2021-2027)?
Which segment emerged as the leading segment in the Digital Transformation of Maritime Freight?
Which are the prominent players in the Digital Transformation of Maritime Freight?
What key trends are likely to emerge in the Digital Transformation of Maritime Freight in the forecast period?
What will be the Digital Transformation of Maritime Freight size by 2027?
Which company held the largest share in the Digital Transformation of Maritime Freight in 2020?
Reasons to Purchase the Digital Transformation of Maritime Freight Report :
The Maximize Market Research (MMR) report contains a wealth of information about market dynamics and prospects for the anticipated time frame.
Segments and sub-segments exist for quantitative, qualitative, and value (USD Million) data.
Data on supply and demand trends at the national, regional, and sub-regional levels are provided.
The competitive landscape presents current innovations and strategies as well as the market shares of the leading rivals.
Companies that offer a variety of goods, financial information, cutting-edge technology, SWOT analyses, and business ideas.
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Issued By akanksha
Business Address maximizemarketresearch
Country India
Categories Industry , Internet , Marketing
Tags size , share , trend
Last Updated November 28, 2022