Digital Freight Brokerage Market Size Worth USD 46.15 Billion by 2034 | CAGR: 23.1%

The global digital freight brokerage market size is expected to reach USD 46.15 billion by 2034, according to a new study by Polaris Market Research. The report “Global Digital Freight Brokerage Market Size, Share, Trends, Industry Analysis Report: By Transportation Mode (Road Freight, Rail Freight, Air Freight, and Ocean Freight), Service Type, Customer Type, Industry Vertical, and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Digital freight brokerages act as intermediaries between shippers and carriers, leveraging technology to streamline the process of matching freight loads with available capacity. These platforms utilize advanced algorithms, artificial intelligence (AI), machine learning (ML), and real-time data analytics to optimize route planning, reduce empty miles, and enhance overall supply chain efficiency. Additionally, the integration of emerging technologies such as blockchain for secure transactions and the Internet of Things (IoT) for asset tracking is further propelling the digital freight brokerage market growth.

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The proliferation of online shopping platforms has led to a surge in parcel volumes, creating high pressure on logistics networks to meet consumer expectations for fast, reliable, and cost-effective delivery services. Digital freight brokerages play a crucial role in addressing this challenge by connecting shippers with carriers capable of handling small parcel deliveries while optimizing routes to minimize transit times and costs.

Digital Freight Brokerage Market Report Highlights

• In terms of transportation mode, the road freight segment held the largest digital freight brokerage market share in 2024 due to its flexibility, extensive network connectivity, and rapid adoption of digital platforms among small and medium-sized carriers.
• Based on service type, the full-truckload (FTL) brokerage segment dominated the market share in 2024 due to high demand from industries such as retail, manufacturing, and automotive, which regularly ship large volumes of goods.
• The cross-border freight brokerage segment is expected to grow at a robust pace in the coming years, owing to the rising international trade and the growing complexity of global supply chains.
• In the global market, North America held the largest digital freight brokerage market share in 2024 due to established logistics infrastructure, high penetration of digital technologies, and strong presence of tech-enabled freight startups.
• The market in Asia Pacific is expected to grow at a robust pace in the coming years, owing to rapid industrialization, rising cross-border trade, and increasing demand for streamlined logistics across densely populated countries.
• Some of the global key market players are C.H. Robinson Worldwide, Inc.; Convoy; Echo Global Logistics, Inc.; J.B. Hunt Transport Services, Inc.; Landstar System Holdings, Inc.; Mode Global; Schneider National, Inc.; RXO, Inc.; Total Quality Logistics, LLC; Uber Freight; and WWEX Group.

Polaris Market Research has segmented the digital freight brokerage market report based on transportation mode, service type, customer type, industry vertical, and region:

By Transportation Mode Outlook (Revenue, USD Billion, 2020-2034)

• Road Freight
• Rail Freight
• Air Freight
• Ocean Freight

By Service Type Outlook (Revenue, USD Billion, 2020-2034)

• Full-Truckload (FTL) Brokerage
• Less-Than-Truckload (LTL) Brokerage
• Intermodal Brokerage
• Expedited Freight
• Refrigerated Freight
• Cross-Border Freight Brokerage
• Others

By Customer Type Outlook (Revenue, USD Billion, 2020-2034)

• Business-to-Business (B2B)
• Business-to-Consumer (B2C)

By Industry Vertical Outlook (Revenue, USD Billion, 2020-2034)

• Retail & E-commerce
• Manufacturing
• Automotive
• Food & Beverages
• Healthcare & Pharmaceuticals
• Oil & Gas
• Other

By Regional Outlook (Revenue, USD Billion, 2020-2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia-Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America