Market Overview:
The global digital transformation of maritime freight market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into cloud-based deployment and on-premise deployment. Cloud-based deployment held a larger share in 2017 and is expected to grow at a higher CAGR during the forecast period as compared to on-premise deployment. This can be attributed to its advantages such as low cost, scalability and easy implementation which are driving its adoption among enterprises worldwide. On the basis of application, ports & terminals accounted for majority share in 2017 and it is also projected to grow at highest CAGR during forecast period owing increasing demand for container handling services across globe coupled with rising investments by port authorities towards modernization initiatives .
Product Definition:
Digital Transformation of Maritime Freight refers to the process of transforming maritime freight from its traditional form to a digital form. This transformation enables the sharing and exchange of information between various stakeholders in the maritime supply chain, including carriers, shippers, ports, customs and other government agencies. The benefits of digital transformation include increased efficiency and transparency throughout the supply chain, as well as reduced costs and improved customer service.
Cloud-based Deployment:
Cloud-based deployment is a service model that allows the user to deploy applications and solutions on a cloud platform. The services are provided as Software as a Service (SaaS) or Platform as a Service (PaaS). Cloud-based deployment has become an integral part of digital transformation in the maritime freight industry owing to benefits such as flexibility, cost efficiency, agility and ease of use offered by this technology.
On-premise Deployment:
On-premise deployment is a method of deploying software and solutions that require an dedicated computer server for running applications, programs, and services. The on-premise solution has the advantage of being completely owned by the organization. It also allows easy customization of products or services to meet specific business needs without affecting other operations.
Application Insights:
The ports & terminals segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in maritime trade across the globe coupled with technological advancements that have made it easier for carriers to manage their operations from end-to-end.
Digital transformation has enabled ports & terminals operators¢â‚¬â„¢ offices (or agencies) to offer enhanced services such as e-commerce, e-hailing, mobile applications and website portals customized towards shippers and receivers, which further enables them to improve customer experience and generate higher revenues through additional charges or fees. These factors are anticipated to drive digital transformation within this segment over the coming years.
Regional Analysis:
The North American region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to the early adoption of IT in maritime transport coupled with a high level of digitalization across all major ports and terminals, including Los Angeles, New York, Miami, Seattle and Baltimore. The U.S., being a global trade leader has also adopted this technology at an early stage which is further expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness significant growth from 2018 to 2030 owing their growing economies such as China and India along with other Southeast Asian countries that are among top 10 trading nations globally have significantly contributed towards regional demand for digital transformation of maritime freight industry.
Growth Factors:
- Increased demand for maritime freight services due to globalization and trade liberalization.
- Emergence of new shipping routes and technologies that are more efficient and cost effective.
- Proliferation of containerized cargo which has led to increased demand for port infrastructure development worldwide.
- Development of innovative digital platforms that improve the efficiency of maritime freight operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Transformation of Maritime Freight Market Research Report
By Type
Cloud-based Deployment, On-premise Deployment
By Application
Ports & Terminals, Maritime Freight Forwarders
By Companies
3GTMS, Flow AG, ABB, Advantech, Digital Logistics Group, Hexaware Technologies, IBM Corporation, Kintetsu World Express, LOGITECH Corporation, Mindtree, Oracle Corporation, PartnerTech, SAP SE, Syntel, Tech Mahindra Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Digital Transformation of Maritime Freight Market Report Segments:
The global Digital Transformation of Maritime Freight market is segmented on the basis of:
Types
Cloud-based Deployment, On-premise Deployment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ports & Terminals, Maritime Freight Forwarders
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3GTMS
- Flow AG
- ABB
- Advantech
- Digital Logistics Group
- Hexaware Technologies
- IBM Corporation
- Kintetsu World Express
- LOGITECH Corporation
- Mindtree
- Oracle Corporation
- PartnerTech
- SAP SE
- Syntel
- Tech Mahindra Limited
Highlights of The Digital Transformation of Maritime Freight Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based Deployment
- On-premise Deployment
- By Application:
- Ports & Terminals
- Maritime Freight Forwarders
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Transformation of Maritime Freight Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital transformation of maritime freight is the process of transforming the way goods are transported by sea. This includes everything from developing new technologies to improving customer experience. It can also involve streamlining processes and creating new business models that make shipping more efficient and cost-effective.
Some of the major companies in the digital transformation of maritime freight market are 3GTMS, Flow AG, ABB, Advantech, Digital Logistics Group, Hexaware Technologies, IBM Corporation, Kintetsu World Express, LOGITECH Corporation, Mindtree, Oracle Corporation, PartnerTech, SAP SE, Syntel, Tech Mahindra Limited.
The digital transformation of maritime freight market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Transformation of Maritime Freight Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Transformation of Maritime Freight Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Transformation of Maritime Freight Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Transformation of Maritime Freight Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Transformation of Maritime Freight Market Size & Forecast, 2018-2028
4.5.1 Digital Transformation of Maritime Freight Market Size and Y-o-Y Growth
4.5.2 Digital Transformation of Maritime Freight Market Absolute $ Opportunity
Chapter 5 Global Digital Transformation of Maritime Freight Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Transformation of Maritime Freight Market Size Forecast by Type
5.2.1 Cloud-based Deployment
5.2.2 On-premise Deployment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Transformation of Maritime Freight Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Transformation of Maritime Freight Market Size Forecast by Applications
6.2.1 Ports & Terminals
6.2.2 Maritime Freight Forwarders
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Transformation of Maritime Freight Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Transformation of Maritime Freight Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Transformation of Maritime Freight Analysis and Forecast
9.1 Introduction
9.2 North America Digital Transformation of Maritime Freight Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Transformation of Maritime Freight Market Size Forecast by Type
9.6.1 Cloud-based Deployment
9.6.2 On-premise Deployment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Transformation of Maritime Freight Market Size Forecast by Applications
9.10.1 Ports & Terminals
9.10.2 Maritime Freight Forwarders
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Transformation of Maritime Freight Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Transformation of Maritime Freight Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Transformation of Maritime Freight Market Size Forecast by Type
10.6.1 Cloud-based Deployment
10.6.2 On-premise Deployment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Transformation of Maritime Freight Market Size Forecast by Applications
10.10.1 Ports & Terminals
10.10.2 Maritime Freight Forwarders
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Transformation of Maritime Freight Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Transformation of Maritime Freight Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Transformation of Maritime Freight Market Size Forecast by Type
11.6.1 Cloud-based Deployment
11.6.2 On-premise Deployment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Transformation of Maritime Freight Market Size Forecast by Applications
11.10.1 Ports & Terminals
11.10.2 Maritime Freight Forwarders
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Transformation of Maritime Freight Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Transformation of Maritime Freight Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Transformation of Maritime Freight Market Size Forecast by Type
12.6.1 Cloud-based Deployment
12.6.2 On-premise Deployment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Transformation of Maritime Freight Market Size Forecast by Applications
12.10.1 Ports & Terminals
12.10.2 Maritime Freight Forwarders
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Transformation of Maritime Freight Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Transformation of Maritime Freight Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Transformation of Maritime Freight Market Size Forecast by Type
13.6.1 Cloud-based Deployment
13.6.2 On-premise Deployment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Transformation of Maritime Freight Market Size Forecast by Applications
13.10.1 Ports & Terminals
13.10.2 Maritime Freight Forwarders
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Transformation of Maritime Freight Market: Competitive Dashboard
14.2 Global Digital Transformation of Maritime Freight Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3GTMS
14.3.2 Flow AG
14.3.3 ABB
14.3.4 Advantech
14.3.5 Digital Logistics Group
14.3.6 Hexaware Technologies
14.3.7 IBM Corporation
14.3.8 Kintetsu World Express
14.3.9 LOGITECH Corporation
14.3.10 Mindtree
14.3.11 Oracle Corporation
14.3.12 PartnerTech
14.3.13 SAP SE
14.3.14 Syntel
14.3.15 Tech Mahindra Limited
