India’s $311.48 Million Digital Freight Forwarding Market, 2027: by Mode of Transport, Deployment Mode, Function, Application, Competitive Analysis and the Impact of Covid-19 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “India Digital Freight Forwarding Market (2022-2027) by Mode of Transport, Deployment Mode, Function, Application, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

India’s Digital Freight Forwarding Market is estimated to be USD 311.48 Mn in 2022 and is expected to reach USD 925.36 Mn by 2027, growing at a CAGR of 24.33%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of India’s Digital Freight Forwarding Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

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.

Market Segmentation

• 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 Mentioned

• 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

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for India’s Digital Freight Forwarding Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses India’s Digital Freight Forwarding Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

Market Dynamics

Drivers

• Exponential Growth in the Ecommerce Industry
• Awareness of Digital Transformation Benefits in the Logistics Industry
• Increasing Adoption of SaaS and Cloud-Based Technology
• Increasing Globalization and Free Trade Agreements

Restraints

• High Investment Cost

Opportunities

• Growing Technological Advancements – AI, IoT, Last-mile and Contactless Deliveries
• Increasing Digital Start-Ups
• The Rise of DTC E-Commerce

Challenges

• Growing Concerns for Data Security
• Requirement of Skilled Personnel

For more information about this report visit https://www.researchandmarkets.com/r/xkmbhv

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