GITNUX MARKETDATA REPORT 2024

Ai In The Freight Forwarding Industry Statistics

AI is expected to significantly increase efficiency and accuracy in the freight forwarding industry through automated processes and predictive analytics.

Statistic 1

"Artificial Intelligence (AI) in freight forwarding is expected to grow at a CAGR of 28.45% by 2027."

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Statistic 2

"Nearly 70% of logistics businesses stated in 2021 that they rely on AI to advance efficiency."

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Statistic 3

"More than 50% of forwarders and shippers believe that AI could revolutionize logistics by offering enhanced precision, speed, and cost-effectiveness."

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Statistic 4

"Accenture reports suggest that AI could increase productivity by 40% or more for freight forwarding companies by 2035."

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Statistic 5

"SAP found that 99% of supply chain leaders are investing in AI technology for freight forward operations."

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Statistic 6

"McKinsey reports show that using AI in rating, quoting, and booking can reduce inefficiencies by up to 30%."

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Statistic 7

"61% of executives surveyed by Forbes state that AI is resulting in increased operational efficiency in the freight forwarding industry."

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Statistic 8

"Research by UPS shows that 65% of shippers are making investments to leverage AI in international logistics for freight forwarding."

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Statistic 9

"The vagueness of logistics pricing has decreased by 80% through utilizing AI for freight forwarding and transport."

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Statistic 10

"Artificial Intelligence can decrease the procurement costs for logistics by 15% and related supply chain processes by 25%."

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Statistic 11

"Capgemini predicts that AI-enabled supply chain and logistics can increase annual economic growth rates by up to 4.6% by 2035."

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Statistic 12

"Deloitte reports indicate that around 77% of logistics businesses are implementing AI capabilities to automate processes."

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Statistic 13

"According to the Boston Consulting Group, AI can reduce business costs by up to 20% in the logistics sector."

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Statistic 14

"In a study by BVL International, 30% of respondents said they see great potential for AI in the improvement of freight transport."

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Statistic 15

"According to Statista, revenue in the AI in the Enterprise Applications segment is projected to reach $26,230m in 2025."

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Statistic 16

"IBM reports show that AI adoption could save the shipping industry $25 billion annually by 2024."

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