The global Road Freight market, valued at $3.25 trillion in 2020, is projected to grow to $4.17 trillion by 2028, with a compound annual growth rate (CAGR) of 2.89% from 2021 to 2028. This growth is driven by a range of macro and microeconomic factors, including technological advancements that have introduced innovative approaches and new efficiencies in the road freight process.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Deployment (Cloud, On-Premise)
By Component (Freight Transportation Cost Management, Freight Security and Monitoring System, Freight Mobility Solution, Warehouse Management System, Freight 3PL Solutions, Other Solutions)
By End-use (Aerospace and Defense, Automotive, Oil and Gas, Consumer and Retail, Energy and Power, Other End Users)
Key players
Cargo Carriers Limited
DB SCHENKER
DHL global forwarding
KUEHNE + NAGEL
CJ logistics corporation
Kerry Logistics Network Limited
Nippon Express
TNT Express
CEVA Logistics
GEODIS
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