Global Digital Transformation of Maritime Freight Market

 

Global Digital Transformation of Maritime Freight Market was valued US$ XX Bn in 2018 and is expected to reach US$ 34.56 Bn by 2026, at CAGR of XX% during forecast period of 2019 to 2026.     Drivers and Restraints: 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. Transporters are fitting IT systems in the digital transformation of maritime cargo, to gradually augment their business and stand in this digitally-competitive world. Marine freight companies have drastically improved their efficiencies due to the digital transformation of maritime goods by allowing the incorporation of artificial intelligence technologies, Internet of Things, blockchain, and robotics with shipping models. Such technologies aid to the marine freight companies in intelligent coordination models and long-term traffic forecasts. The global digital transformation of maritime freight market is driven by few technologically-advanced vendors in the shipping industry, rising importance of customer satisfaction, increased importance and dependency on IT & Digitization within the Shipping Industry has become important. However, high cost for the transfer of cargo and shipments are hampering the market growth at global level. Various countries have augmented trade protection and improved their policies regarding shipping through waterways. For instance, increasing trade tensions between the United States and some of its trading partners may impact the global digital transformation of maritime freight market. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Segmentation: Based on the deployment, the global digital transformation of maritime freight market is segmented into cloud-based and on- premise. The Cloud-based segment is expected to hold 60% of market share during the forecast period. The rising demand of cloud management tools and cloud-based solutions due to its cost-saving benefits for stakeholders in the maritime supply and space, therefore triggering the digital transformation of maritime freight market growth in the near future. Regional: Geographically, the digital transformation of maritime freight market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America held the XX% share of the digital transformation of maritime freight market in 2018 due to presence of key players in the region and developed economies. Asia Pacific is expected to remain the fastest growth rate in the digital transformation of maritime freight market over the forecast period. China and India are the major contributors in the regional market with rapid advancements in technology, and integrating them with shipping companies. Furthermore, Asia Pacific has the largest population base in the world, and this has resulted in the increased demand for products. Specifically in this Asia Pacific, the high implementation rate of digitization in maritime freight for optimally and effectively manages such high volumes of data associated with ships and vessels, quantity to be traded, and several ports. The market in the Middle East & Africa, Europe, and South America are also likely to expand at the CAGR of XX% during the upcoming period. Recent Development: A report covers the recent development in market for the global digital transformation of maritime freight market e.g., In March 2018 Hapag Lloyd presented its cloud-based rate management system - Cargo Sphere - which allows its consumers fully-automated access to all its rates. The company declared that, this system can also offer sales-related benefits, including more common selection of optimal booking and faster estimating to customers, eventually to improve customer satisfaction by delivering precise Hapag-Lloyd rates in real-time with its partners. In October 2018, Oracle Corporation introduced the Oracle Blockchain Applications Cloud. This technology would improve transparency and traceability across the supply chain process. The objective of the report is to present comprehensive analysis of Global Digital Transformation of Maritime Freight Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Digital Transformation of Maritime Freight Market dynamics, structure by analyzing the market segments, and project the Global Digital Transformation of Maritime Freight Market size. Clear representation of competitive analysis of key players by Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Digital Transformation of Maritime Freight Market make the report investor’s guide. Competitive Landscape: The market key players such as Syntel Inc., Hexaware Technologies, ABB Ltd., Tech Mahindra Limited and Kintetsu World Express, Inc, are focusing towards the acceptance of AI, machine learning, blockchain, and improving their skills to gain a competitive benefit in the digital transformation of maritime freight market, apart from upholding their position in the global market. Scope of the Report Global Digital Transformation of Maritime Freight Market:

For More Information Visit :

Global Digital Transformation of Maritime Freight Market by, Software Solution:

• Booking • Vessel Scheduling • Loading/ Unloading • Delivery

Global Digital Transformation of Maritime Freight Market by, Service:

• Consulting & Training • Implementation & Integration • Operation & Maintenance • Managed Services

Global Digital Transformation of Maritime Freight Market by, Deployment:

• Cloud-based • On-premise

Global Digital Transformation of Maritime Freight Market by, End Users:

• Ports & Terminals • Maritime Freight Forwarders

Global Digital Transformation of Maritime Freight Market by, Region:

• North America • Europe • Asia pacific • Latin America • Middle East Africa

Key Players of Global Digital Transformation of Maritime Freight Market:

• 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.

This Report Is Submitted By : Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

 

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage

Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: sales@maximizemarketresearch.com

Address : Pune, Maharashtra 411051, India.

Contact: +919607195908      

Comments

Post a Comment

Popular posts from this blog

Global Ambient Assisted Living (AAL) Market Size, Revenue Analysis, Business Strategy, Top Leaders and Forecast 2027

  Global Ambient Assisted Living (AAL) Market   is expected to grow at a CAGR of 20.16% during the forecast period. Global Ambient Assisted Living (AAL) Market is expected to reach US$ 5.08 Bn. by2027. The  Global Ambient Assisted Living (AAL) Market  research analysis report examines historical data as well as emerging technology to identify the key drivers influencing the industry's growth. The report includes in-depth data of the market. This research study examines the most important trend prospects and major drivers for the Global Ambient Assisted Living (AAL) market's growth. The Global Ambient Assisted Living (AAL) market assessment takes into account both the opportunities and restraints that may affect market growth. Company Profiles – This area of the report is critical since it provides accurate and comprehensive profiles of the major players in the worldwide Global Ambient Assisted Living (AAL) market. It contains information on the principal business, markets, gros
Read more

Mobile Photo Printer Market Detailed Analysis Of Current Industry Figures With Forecasts Growth By 2027

  Mobile Photo Printer Market Overview: The Maximize Market research report gives you a complete report of the  Mobile Photo Printer Market . The study focuses on developing Market trends and important growth factors to assist Market participants in identifying opportunities in the Mobile Photo Printer Market. The research provides a comprehensive overview of the Market, as well as Market financials such as Market size from 2015 to 2020, with 2020 as the base year and forecast years 2021-2027. The breadth and segments of the Mobile Photo Printer Market are covered in the Maximize Market Research report, which categorises it by product type, application areas, and geographies. The Market segmentation prioritises specific Markets and prospects over individual segments. North America, Europe, APAC, South America, and MEA are the major regions of the world included in the report. This provides a revenue forecast for each region from 2021 to 2027. COVID-19 Impact on Mobile Photo Printer Mar
Read more

Indian Manufacturing ERP market

Image
  Indian Manufacturing ERP market was valued at USD 256.2 million in 2019 and is expected to reach at USD XX million by 2027 at a CAGR of XX % over forecast period 2020-2027. To know about the Research Methodology :- Request Free Sample Report India Manufacturing ERP Market Scenario: The opening up of the Indian economy has led to a significant growth of the SMEs, medium enterprises and large enterprises across manufacturing industry vertical. This growth and along with that the associated competition and quest for enhancing market share has led the organizations to re-look at their processes and procedures and put in place proper processes enablers and solutions to make its business more efficient and effective. One of the key solutions to address this requirement is implementation of enterprise resource planning (ERP) systems. Various applications of ERP Systems such as improving business metrics by process optimization, improving the entire supply chain process, integration across
Read more